Enphase leads rally in solar stocks after robust results, forecast

Enviva

26/10/2022 19:06

** Shares of solar companies rise as Enphase Energy  ENPH.O 
reports strong Q3 results and upbeat forecast for Q4
    ** ENPH up 9.9%, while First Solar  FSLR.O  gains 3.7% on
its order for 2 gigawatts of thin-film solar modules
    ** Sunnova Energy International NOVA.N, Enviva Inc  EVA.N  
ReneSola  SOL.N , Shoals Technologies  SHLS.O  and Plug Power
 PLUG.O  gain between 0.1% and 1.8%
    ** SunPower  SPWR.O , FTC Solar  FTCI.O  and Clean ENergy
Fuels  CLNE.O  rise between 1.9% and 4.7%
    ** Daqo Energy  DQ.N , SolarEdge Technologies  SEDG.O ,
JinkoSolar  JKS.N  and Canadian Solar  CSIQ.O  jump between 5.1%
to 10.5%
    ** Invesco Solar ETF  TAN.P  gains 4.8%
    ** Alternative-energy companies Bloom Energy  BE.N  and
Fluence Energy  FLNC.N  rise 2.5% and 3.6%, respectively
 (Reporting by Shristi  Achar A in Bengaluru)
 ((Shristi.AcharA@thomsonreuters.com;))