Beaten Down Solar Stocks

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30Aug

Week ending - 24Aug

Week ending 17Aug, Solar and renewable energy stocks rallied sharply Friday after the U.S. Treasury Department and IRS released new guidance on clean energy project construction requirements for tax credit qualification.

First Solar (NASDAQ:FSLR) stock rose 13%, Sunrun (NASDAQ:RUN) jumped 39%, NextEra Energy (NYSE:NEE) gained 5%, Enphase Energy (NASDAQ:ENPH) climbed 12%, and Array Technologies (NASDAQ:ARRY) surged 27% following the release of Notice 2025-42, which clarifies construction requirements for projects seeking to qualify for clean energy tax credits.

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