Why QuantumScape, SolarEdge, and Sunnova Energy Plunged Today
QuantumScape(QS) The Motley Fool·2024-11-12 21:21
Uncertainty around clean energy incentives and rising interest rates punished these clean energy leaders.Shares of clean energy leaders QuantumScape (QS -4.16%), SolarEdge (SEDG -10.53%), and Sunnova Energy (NOVA -2.87%) plunged on Tuesday, falling 4.4%, 10.5%, and 3% through Tuesday trading.QuantumScape is an early-stage next-gen electric vehicle (EV) battery producer, SolarEdge is a rooftop solar inverter company, and Sunnova is a solar energy services company that offers long-term power production agreem ...