Featured in Gaining Traction – 02-2022

Between a rock and a hard place

In the month of January, the Invesco Solar ETF, an ETF that tracks the MAC Global Solar Energy Index, underperformed relative to the S&P 500 and Dow Jones Industrial. Delays to the Build Back Better Act in the United States, coupled with ongoing concerns around availability and the PV supply chain, led to a significant pull-back, writes Jesse Pichel of ROTH Capital Partners.

By

pv magazine

11 Feb 2022

The Invesco Solar ETF (TAN) decreased 21.4% (YTD), while the S&P 500 decreased by 7.0% (YTD) and the DJIA decreased by 4.4% (YTD) in the month of January. The top five performing solar stocks in the US market all witnessed losses and include: Daqo New Energy Corp. (-11.0%), Atlantica Sustainable Infrastructure plc (-12.1%), JinkoSolar Holding …

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