Wells Fargo analysts upgraded Sunrun (NASDAQ:RUN), Sunnova Energy International (NYSE:NOVA), First Solar (NASDAQ:FSLR) to Overweight, and SunPower (NASDAQ:SPWR) to Equal Weight in a note to clients Friday, stating they are turning positive on clean energy in 2023. “While continued Fed tightening in early 2023 will likely act as a near-term headwind, the fundamental and regulatory […]
Sizzling hot: Solar stocks set to end pandemic year at record highs
Solar stocks dazzled in 2020 and looked set to wrap up a year ravaged by the COVID-19 pandemic with triple-digit gains amid a shift in focus to ‘clean energy’ as the outbreak decimated the global oil industry. Giving the rally a leg up was Joe Biden’s victory in the November U.S. presidential election, along with […]
China’s Solar Stocks Are Surging After Xi’s 2060 Carbon Pledge
China’s massive renewable energy industry has seen shares soar since President Xi Jinping announced the country aims to go carbon neutral by 2060. That surge is set to be supercharged Friday by mainland-listed solar giants like Longi Green Energy Technology Co. and Tongwei Co., which will be trading for the first time after a week-long […]
