Featured in Moving in circles – 09-2024

Varying fortunes for US solar stocks

There have been percentage gains for US solar stocks across all market segments despite the collapse of industry stalwart SunPower. A likely interest rate cut gives the residential sector grounds for optimism but there could be more pain to come for the utility-scale solar market.

By

pv magazine

06 Sep 2024

The Invesco Solar exchange-traded fund increased by 7% in July 2024, outperforming the S&P 500 and the Dow Jones Industrial Average stock indexes, which rose 1% and 4%, respectively.The best US-listed solar-related stocks in July 2024 were Sunrun Inc., which rose 60% month-on-month; FTC Solar, up 37%; and Sunnova Energy International Inc., up 35%. The …

This article is part of pv+

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