Featured in Awarding excellence – 01-2022

Policy headwinds

Solar stocks underperformed broader markets in December, writes Jesse Pichel of ROTH Capital Partners. The Invesco Solar ETF decreased 8.5%, while the S&P 500 increased by 2.4%, and the Dow Jones Industrial Average increased by 3.9%.

By

pv magazine

12 Jan 2022

Source: Roth Capital

During December, the Invesco Solar ETF (TAN) experienced significant pullback, largely due to policy headwinds. These policies included the modest impact from the Uyghur Forced Labor Prevention Act (UFLPA), the delay of the Build Back Better (BBB) bill, and major changes in California’s Net Energy Metering 3.0 (NEM 3.0). On Dec. 16, US Congress …

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