Featured in High time for a masterplan – 06-2023

New start, new rules

The Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, under-performed the S&P 500 in May and out-performed the Dow Jones Industrial Average (DJIA). Jesse Pichel, of Roth Capital Partners, attributes this to rising interest rates and new rules that are causing a residential PV slowdown in California.

By

pv magazine

09 Jun 2023

The Invesco Solar ETF (TAN) decreased by 0.9%, while the S&P 500 increased by 0.6% and the DJIA fell by 2.4% during the month of May. In the US markets, the top five performing solar stocks were Sunworks Inc. (55.4%), Array Technologies Inc. (19.3%), Generac Holdings Inc. (15.9%), Canadian Solar Inc. (13.2%) and Applied Materials …

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