Featured in And the winner is… – 01-2023

Controversial California

In December, the Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, underperformed relative to the S&P 500 and the Dow Jones Industrial Average. Jesse Pichel, of ROTH Capital Partners attributes this to a possible US interest rate hike and California’s moves to pull the plug on rooftop solar.

By

pv magazine

10 Jan 2023

The Invesco Solar ETF (TAN) fell by 6.6% in December, while the S&P 500 fell by 5.6% and the Dow Jones Industrial Average decreased by 4.8%. The top five solar stocks in the US market include SolarEdge Technologies (7.3%), Array Technologies (4.0%), JinkoSolar Holding (-0.5%), ReneSola (-0.8%) and Applied Materials (-4.4%).US markets were down in …

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