Featured in Gas busters – 09-2020

Stocks rally on storage demand

With power outages in two U.S. states this month, many are looking to storage solutions to ensure reliable power supply. This, writes Jesse Pichel of Roth Capital Partners, could prove a short-term driver for storage stocks.

By

pv magazine

08 Sep 2020

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Solar stocks outperformed the broader market in August. In August, the Guggenheim Solar ETF (TAN) increased 15% vs. the S&P 500 and Dow, which increased 3.1% and 5.7%, respectively. YTD, the TAN gained 67% vs. the S&P 500 and Dow that increased 4.4% and decreased 2.1%. The top five solar stock performers in the U.S. …

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