Featured in The journey to 100 GW – 05-2023

Rooftop slowdown

The Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, under-performed relative to the S&P 500 and Dow Jones Industrial Average in April. Jesse Pichel, of Roth Capital Partners, attributes this to stagnation in the US residential market and an expected decline in California thanks to new net metering rules.

By

pv magazine

03 May 2023

The Invesco Solar ETF (TAN) increased by 0.9%, while the S&P 500 increased by 1.0% and the DJIA increased by 2.1% during the month of April. Within the US, the top five performing solar stocks were Enphase Energy, Inc. (7.0%), SunPower Corporation (6.1%), Sunnova Energy International Inc. (6.0%), SolarEdge Technologies, Inc. (3.7%) and Canadian Solar …

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