Solar Stocks Soared This Year, But Now They’re Feeling The Market’s Heat–Could The Boom Be Over?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A split Congress might not be such a bad deal for solar companies.

Shares of SunPower, SolarEdge and Enphase Energy–three of the nation's largest solar energy firms by market capitalization–are down between 1% and 3% on Tuesday and the Invesco Solar ETF, which counts all three among its top holdings, has fallen 2.7%.

Asset managers are"witnessing a staggering demand" for environmental, social and corporate governance investments, Goldman Sachs noted over the weekend, adding that Invesco's Solar ETF, the firm's top-selling ESG ETF, had third-quarter net inflows of about $400 million, roughly 20% of current assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

With solar stocks down 30% from highs, traders say it’s all about timingSolar stocks are losing their shine, falling nearly 30% from a January peak. They still look like a long-term buy, says Danielle Shay of Simpler Trading. TradingNation 🤣🤣🤣🤣 TradingNation RelistXRP XRP xrpthestandard xrpcommmunity xrprelist TradingNation trx tron does everything that Ethereum does, but there are two key differences. It's almost 0 fee unlike eth crazy gas fees + almost instant transaction. Don't believe me? Try it. $trx $tron Bitcoin btc cryptocurrency Crypto Zilliqa defi justinsuntron Tronfoundation
Source: CNBC - 🏆 12. / 72 Read more »

These solar stocks are poised for strong earnings results – and analysts say they’re good buysWall Street analysts gave their top picks in the solar sector ahead of first quarter earnings results. Here's what investors should be watching. Pro 'We've already bought up all we want to buy, we need retail to come hold the bag after we shoot up the price.' Pro Does any one know the symbols? 😞 Pro First Solar. $Fslr $83. Was last year $20
Source: CNBC - 🏆 12. / 72 Read more »

NASA, Industry Mature Vertical Solar Arrays for Lunar Surface☀️ We're working with industry on solar arrays for NASAArtemis missions on the Moon's surface. Five companies will design technologies that could provide a reliable, sustainable power source for habitats, rovers, and even construction systems: Artemis Artemis Let’s just turn the entire moon into a solar collection array Artemis Oh that’s why nasa so dope!
Source: NASA - 🏆 672. / 51 Read more »