Featured in Treasure Islands – 08-2024

Tough times for US solar

Residential and utility-scale solar stocks posted double-digit declines in June 2024, with more challenges ahead. A recent US Supreme Court ruling could increase costs for utility-scale businesses while SunPower’s exit from the lease and power purchase agreement (PPA) market poses risks for US dealers. Jesse Pichel, of Roth Capital Partners, explores these key trends.

By

pv magazine

12 Aug 2024

The Invesco Solar exchange-traded fund was down 17% in June 2024, compared to the S&P 500 and Dow Jones Industrial Average stock indexes, which rose 4% and 1%, respectively.The best US-listed solar stocks in June 2024 were Sunnova Energy International Inc., up 7%; ReNew Energy Global, up 4%; and Atlantica Sustainable Infrastructure plc, with 0% …

This article is part of pv+

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