Solar stocks have seen plenty of ups and downs in recent years. However, they have become increasingly popular with the rising interest in environmental, social and governance (ESG) investing.
The interest in investing in solar energy amplified after the election of President Joe Biden in November 2020. Running on a platform that included green energy initiatives, Biden’s victory signaled that alternative power sources could see a surge in popularity with federal-level support.
Since then, issues ranging from supply constraints to political gridlock have resulted in turmoil for solar stocks. But despite the events impacting solar energy investments now, there are plenty of reasons to keep these green energy companies on your radar.
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