Solar

President Joe Biden announced Tuesday a significant increase in tariffs on a range of Chinese goods, aimed at protecting the American economy and safeguarding domestic jobs. These measures are also designed to counteract China’s heavily subsidized production, which Biden stated was “...

Global electricity generation still relies, mostly, on coal and gas. However, the sector’s growth rate in 2023 wasn’t close to that of wind and solar. That’s according to the latest Global Electricity Review, published May 9 by UK-based climate think tank Ember. Fossil fuel...

Solar stocks have demonstrated some of the most robust performances among various sectors since the start of the month, buoyed by favorable market conditions and positive corporate earnings. The Invesco Solar ETF (NYSE:TAN), which tracks the performance of approximately 40 solar energy companies,...

Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...

Nextracker Inc. (NASDAQ: NXT) shares are trading higher in Wednesday's after-hours session after the company reported better-than-expected third-quarter financial results. What To Know: Nextracker reported quarterly earnings of 96 cents per share which beat the analyst consensus estimate...

There is no doubt that the expected interest rate cuts by the Federal Reserve in 2024 could provide much needed relief to U.S. businesses and corporations, but there are some sectors where these cuts could have a particularly powerful impact. Industries such as real estate, solar, gold miners, and...

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...

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...

Enphase Energy Inc (NASDAQ: ENPH) announced Wednesday it had expanded its distribution partnership with 4blue, a full-service wholesaler of solar and battery systems. While concerns persist around growth in the U.S. residential market, Enphase Energy’s “continued runway for growth...

The U.S. clean energy sector is set to deliver a record-breaking 600 gigawatts (GW) of solar, wind and energy storage capacity by the end of the decade, according to BloombergNEF’s latest Clean Energy Market Outlook. The report notes that the White House’s Inflation Reduction Act has...

Startup B2U Storage Solutions is repurposing electric vehicle (EV) battery packs so they can store solar energy. The company notes its approach makes renewable energy more accessible and efficient. It reduces fossil fuel dependence and can significantly reduce battery waste, which is a significant...

  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...

Shares of First Solar Inc (NASDAQ: FSLR) are trading lower in the after-hours session Thursday after the company reported first-quarter financial results, here’s what investors need to know. By The Numbers: FSLR reported first earnings of 40 cents per share, which came behind the 97-cent...

Layer-1 blockchain Solar (CRYPTO: SXP) saw an increase of 152% in the past seven days, outpacing leading cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Top Gainers (7 Days) Cryptocurrency Gains (+/-) Price (Recorded 12 a.m. EST) Solar +152% $0.66 Stellar +16.60...

On August 16, President Joe Biden enacted the Inflation Reduction Act, channeling billions of dollars toward Americans aiming to improve their homes, businesses, and vehicles. A key aspect of this legislation grants Americans earning under $150,000 annually a $7,500 tax credit for purchasing an...