Featured in Material change – 03-2024

PV profits drying up

The Invesco Solar exchange-traded fund (ETF) under-performed the S&P 500 and Dow Jones Industrial Average (DJIA) stock indexes in January 2024. Jesse Pichel, a managing director at Roth Capital Partners, attributes this to logistics and apparent cashflow problems for some solar companies.

By

pv magazine

11 Mar 2024

Trouble for sea freight and other logistical issues made their mark on solar stock prices at the beginning of 2024. The Invesco Solar ETF fell by 21% for January 2024, while the S&P 500 increased by 2% and the DJIA increased by 1%. Within the United States, the top three solar stocks for the month …

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