solar energy

Several solar stocks including Sunrun Inc (NASDAQ:RUN), SolarEdge Technologies Inc (NASDAQ:SEDG) and Sunnova Energy International Inc (NYSE:NOVA) are trading lower in Tuesday’s after-hours session in sympathy with shares of Enphase Energy Inc (NASDAQ:ENPH), which fell after the company...

Shell PLC (NYSE:SHEL) is reportedly initiating the sale of a significant portion of its U.S. solar business, Savion. The decision is in line with the company’s broader strategy under CEO Wael Sawan. What Happened: Shell’s U.S. solar business, Savion, is selling off approximately a...

First Solar, Inc. (NASDAQ:FSLR) reported its fourth-quarter financial results after the bell Tuesday. Here's a look at the highlights.  The Details: First Solar reported quarterly earnings of $3.25 per share which beat the analyst consensus estimate of $3.18 by 2.2%. Quarterly sales clocked...

RBC Capital Markets highlighted favorable public policy and declining costs within the solar industry and initiated coverage on several solar equipment suppliers on Tuesday. Here's a look at the details.  Solar Equipment Suppliers: RBC analyst Christopher Dendrinos initiated coverage on First...

Solar power stocks were coming under selling pressure on Monday, although a couple of names managed gains after Goldman Sachs upgrades. But SunPower tumbled after warning it was in danger of collapse. SunPower Corp (NASDAQ:SPWR) shares shed 35% to $4 after the company warned that there were...

Solar energy is poised for a record year in 2023, but stocks in the sector are broadly lower this year as interest rates were hiked to a 16-year peak. Data from the Solar Energy Industries Association (SEIA) on Thursday reported the U.S. solar industry added 6.5 gigawatts of new generating capacity...

Photovoltaic manufacturer and solar energy solutions company, First Solar Inc (NASDAQ:FSLR), will be reporting its third-quarter earnings after the bell on Tuesday. First Solar is a key player in the solar energy industry, with a focus on sustainable and environmentally friendly energy solutions....

KeyBanc Capital Markets analyst Sophie Karp reiterated an Overweight rating on Enphase Energy Inc (NASDAQ: ENPH), lowering the price target from $267 to $200. The significant reduction in the price target reflects the analyst's reduction of 2023-2025 estimates due to...

JinkoSolar Holding Co Ltd (NYSE: JKS) reported second-quarter (Q2) 2023 revenue growth of 50.4% year-on-year to $4.23 billion, beating the consensus of $4.18 billion. Quarterly shipments were up 28.5% sequentially and up 76.7% YoY, at 18,613 MW (17,763 MW for solar modules and 850 MW...

First Solar Inc (NASDAQ: FSLR) reported on Thursday its second-quarter results and announced investments into building its fifth U.S. panel factory. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BofA Securities On First Solar...

New York’s nearly $1 billion investment in Elon Musk‘s plan for a massive solar-panel factory, once touted as the largest in the Western Hemisphere, has largely failed to deliver on its promises, The Wall Street Journal reports. Unfulfilled PromisesThe state-owned facility, leased to...

Known as a leader in electric vehicles, Tesla Inc (NASDAQ: TSLA) also has growing energy and solar divisions that allow users the ability to go off-grid. Users can also generate energy that can be sold back to utility companies, something that could pay off for users big in the summer. What...

  SunPower Corp (NASDAQ: SPWR) reported first-quarter FY23 revenue growth of 26% year-on-year to $440.88 million, beating the consensus of $420.74 million. SPWR added a record 21,000 customers, up 27% Y/Y. Non-GAAP gross margin declined by 460 basis points to 17.1% as costs jumped...

Major Wall Street indices closed over 1% higher on Monday ahead of the release of the consumer price index report on Tuesday. The Nasdaq Composite closed 1.48% higher while the S&P 500 ended the session up 1.14%. The Dow Jones, too, closed 1.11% higher. Meanwhile, the following are the five...

Shares of U.S. solar stocks including Sunrun Inc. (NASDAQ: RUN), First Solar, Inc. (NASDAQ: FSLR), Solaredge Technologies Inc. (NASDAQ: SEDG) and Enphase Energy Inc. (NASDAQ: ENPH) are rising as a result of U.S. officials' discovery that four of the eight major Chinese solar companies...