US solar slump
Financial and regulatory uncertainty plus rising module prices are affecting project timelines in the United States and domestic companies must contend with a gray market at home and aggressive pricing abroad. Jesse Pichel, of Roth Capital Partners, explores the key trends in a tough month for US solar stocks.
The Invesco Solar exchange-traded fund (ETF) underperformed compared to other stock indexes in April 2024. The solar ETF was down 11% and the S&P 500 and DJIA decreased 4%. That fall followed a 3% gain for the Invesco Solar ETF in March 2024.The top three performing April 2024 solar-related stocks in the United States were …
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