Solar stocks rise after Trump unveils trade actions to compete with China
07/08/2026 14:51
BUZZ-Solar stocks rise after Trump unveils trade actions to compete with China ** Shares of solar companies rise after U.S. President Donald Trump unveils trade actions to compete with China
** The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon, the raw material used in semiconductors and solar panels that is primarily produced by China
** Shares of solar companies: SunRun RUN.O up ~7%, SolarEdge Technologies SEDG.O adds 3.2% and Enphase Energy ENPH.O gains ~5%
** First Solar FSLR.O rises 8.5%, Canadian Solar CSIQ.O up 3.5% and U.S.-listed shares of Shanghai-based solar module maker JinkoSolar Holding JKS.N gains 3.4%
(Reporting by Dharna Bafna in Bengaluru)
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