Reported about 1 month ago
Solar stocks have faced significant volatility, particularly due to concerns regarding a possible Republican victory in the upcoming election and its implications for government support in the sector. Investors are weighing the prolonged recovery of solar investments against rising interest rates and disappointing performance reports, such as Enphase Energy's recent drop in stock after weak European demand. Industry analysts suggest that the current political climate may further impact funding for renewable energy initiatives, raising fears of reduced tax credits if Republicans regain power.
Source: YAHOO