Array leads gains among clean energy stocks after quarterly results

Clean Energy Fuels

09/11/2022 15:50

** Shares of clean energy firms surge with Array
Technologies  ARRY.O  jumping 17.3%, helped by strong Q3 results
and FY outlook  urn:newsml:reuters.com:*:nL4N3244S6
    ** Also helping the clean energy stocks, Democrats performed
better than expected in midterm elections and Republicans
acknowledged the election was not producing the sweeping "red
wave" victory they had sought
    ** Invesco Solar ETF  TAN.P  jumps 2.4% and iShares Global
Clean Energy ETF  ICLN.O  rises 1.3%
    ** Solar stocks rise: Solaredge  SEDG.O  3.2%, Enphase
 ENPH.O  4.1%, First Solar  FSLR.O  4%, Sunpower  SPWR.O  5.5%,
Sunrun  RUN.O  3.1%, Sunnova Energy  NOVA.N  3.6%
    ** Maxeon Solar Technologies  MAXN.O  up 3.2% 
    ** Renewable energy firms also climb: Plug Power  PLUG.O 
5.8%, Bloom Energy  BE.N  0.2%, Clean Energy Fuels  CLNE.O 
5.5%, Fluence Energy  FLNC.O  1.3%
    ** FuelCell  FCEL.O  slips 0.9%
    ** Constellation Energy Corp's  CEG.O  stock up 1.9% and
wind and energy producing giant NextEra Energy  NEE.N  up 0.6%
 (Reporting by Bansari Mayur Kamdar in Bengaluru)
 ((BansariMayur.Kamdar@thomsonreuters.com;))