High interest rates have dimmed the solar sector. Will coming cuts put a shine on their stocks?
4 months, 1 week ago

High interest rates have dimmed the solar sector. Will coming cuts put a shine on their stocks?

Associated Press  

NEW YORK — More sunshine could be in the forecast for solar power companies like SolarEdge Technologies and Sunrun, whose stock prices have been dimmed by high interest rates. Shares of SolarEdge, one of the biggest makers of rooftop panels and other solar power equipment, have slumped 76% in 2024, while more traditional energy giants like Exxon and Chevron have been rising. The residential solar industry is also dealing with big rule changes in the key California market, which cut the value of electricity generated via rooftop solar systems. The Energy Information Administration forecast that U.S. solar power generation, along with wind power, would lead growth in the broader U.S. power generation sector.

Solar Power Generation  sector  solaredge  solar  power  market  rates  generation  cuts  2024  dimmed  high  residential  interest  energy  companies  shine  coming  stocks

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Interest rate cuts could be a catalyst for these five growth stocks
1 week, 3 days ago

Interest rate cuts could be a catalyst for these five growth stocks

Live Mint  

When central banks like the Reserve Bank of India reduce interest rates, borrowing becomes cheaper. A potential RBI rate cut could work in Swiggy’s favour by reducing borrowing costs, supporting its ambitious expansion projects, and improving profitability. Lower borrowing costs would support the company's significant capital expenditure and debt repayment strategies, enabling it to accelerate investments in expanding production capacities …

What The Fed’s Interest Rate Cut Means For Climate Change
3 months ago

What The Fed’s Interest Rate Cut Means For Climate Change

Huff Post  

LOADING ERROR LOADING The Federal Reserve’s decision Wednesday to start cutting interest rates could bolster green energy investments, which took a hit as the U.S. central bank drastically increased the cost of borrowing money over the past two years in a scramble to tamp down post-pandemic inflation. The Federal Reserve’s decision Wednesday to start cutting interest rates could bolster green …

The year in clean energy: Wind, solar and batteries grow despite economic challenges
11 months, 3 weeks ago

The year in clean energy: Wind, solar and batteries grow despite economic challenges

LA Times  

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. Another banner year for solar China, Europe and the U.S. each set solar installation records for a single year, according to the International Renewable Energy …

The year in clean energy: Wind, solar and batteries grow despite economic challenges
11 months, 3 weeks ago

The year in clean energy: Wind, solar and batteries grow despite economic challenges

Associated Press  

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. CHALLENGES FOR WIND ENERGY By the end of 2023, the world will have added enough wind energy to power nearly 80 million homes, making it …

New study brings us closer to solar space farms that beam renewable energy back to Earth
1 year, 1 month ago

New study brings us closer to solar space farms that beam renewable energy back to Earth

Salon  

It sounds like a long shot to some: The idea of solar power plants orbiting the Earth and beaming renewable energy back to us. "This ultra-low mass solar cell technology could lead to large, low-cost solar power stations deployed in space, bringing clean energy back to Earth." "This ultra-low mass solar cell technology could lead to large, low-cost solar power …

Why the Shine Has Come Off Clean-Energy Stocks
1 year, 1 month ago

Why the Shine Has Come Off Clean-Energy Stocks

Live Mint  

Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. The clean-energy sector broadly falls into two categories: companies that make or deploy capital-intensive infrastructure, such as wind turbines or solar panels, and those that are developing new technology. Munich-based Siemens Energy scrapped its profit outlook in June after its wind unit …

Democrats’ Climate Law Is About To Give A Big Boost To U.S. Solar Manufacturing
1 year, 11 months ago

Democrats’ Climate Law Is About To Give A Big Boost To U.S. Solar Manufacturing

Huff Post  

LOADING ERROR LOADING The United States invented solar panels. Included in the roughly $370 billion earmarked for industries that will help the U.S. slash its climate-changing emissions was the Solar Energy Manufacturing for America Act, legislation to boost tax credits for building photovoltaic panels and parts in the United States. Dustin Chambers for The Washington Post via Getty Images Qcells’ …

Investors will continue to bet on sunrise sectors through 2021 and beyond
3 years, 2 months ago

Investors will continue to bet on sunrise sectors through 2021 and beyond

Live Mint  

As the coronavirus outbreak shut down the world, we effortlessly moved to digital shopping, remote working, video streaming for entertainment, WhatsApp-based grocery ordering, telemedicine using mobile phones and schooling from home. Organizations and people adapted quickly in the face of unprecedented adversity, helped by a powerful cocktail of computer power, cheap and sustainable electricity, almost free bandwidth, gargantuan data lakes, …

Solar energy has the potential to power 40% of US electricity by 2035, new DOE report shows
3 years, 3 months ago

Solar energy has the potential to power 40% of US electricity by 2035, new DOE report shows

CNN  

CNN — A new blueprint from the Biden administration shows how solar energy could play a massive role in transitioning the United States’ power sector to clean energy, and achieve the President’s ambitious goals to decarbonize the US economy. The Solar Futures Study from the Department of Energy, released Wednesday, shows that by 2035, solar energy has the potential to …

Pandemic is ray of light for solar industry
4 years, 1 month ago

Pandemic is ray of light for solar industry

Live Mint  

Between Covid-19 and natural disasters, Mother Nature threw Americans a curveball in 2020. Residential solar installations were down 23% sequentially in the second quarter, largely due to shelter-in-place orders that imposed restrictions on selling and installing systems, according to a quarterly report from the Solar Energy Industries Association and Wood Mackenzie. The sticker shock seems to have boosted web traffic …

Solar power could be ‘the new king’ as global electricity demand grows
4 years, 2 months ago

Solar power could be ‘the new king’ as global electricity demand grows

CNN  

London CNN Business — Renewable energy, led by solar power, could make up 80% of the growth in electricity generation over the next decade, according to a report published Tuesday. Solar performs even more strongly in the IEA’s“Sustainable Development Scenario,” in which a surge in clean energy policies and investment puts the world on track to reach the goals of …

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