Chinese solar stocks soared on Tuesday as state media reported that authorities were planning to strengthen controls on solar production capacity, as the industry faces a glut of supply that has driven prices unsustainably low.
Shares in Japanese renewable energy company Renova plunged more than 11% on Monday, making it the biggest loser on the Tokyo Stock Exchange's prime market, after Sanae Takaichi looked set to become Japan's next prime minister.
MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, today announced a landmark achievement in its manufacturing strategy to deploy American-made solar technology around the world. The Company's first international shipments are now underway, marking a key step in delivering high-quality, competitive, American-made products ...
TAN has outperformed the S&P 500 since April, with strong momentum and a technical breakout signaling further upside potential. Despite increased valuation, TAN's improved long-term EPS growth and compelling PEG ratio support a bullish investment thesis. The ETF remains under-owned, offering a contrarian opportunity, but carries high risk and seasonally weak performance from August to October.
The solar sector is taking a beating today, after President Donald Trump announced on Truth Social that the U.S. will not approve wind or solar projects, blaming the renewables for high electricity and energy costs.
States that rely on wind or solar power are seeing increased energy prices, the president posted on social media, calling it “the scam of the century.”
Solar stocks are surging after the Treasury Department released guidance on the kind of projects that can qualify for clean energy tax credits that was less restrictive than investors feared.
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