Workflow
3 Solar Stocks to Watch Amid Bleak Residential Installation View
CSIQSolar(CSIQ) Zacks Investment Research·2024-04-26 13:46

The Inflation Reduction Act (IRA) benefits have been proven to be a solid growth catalyst for U.S. solar stocks, with the policy expected to drive an additional 160 gigawatts (GW) of solar over the next 10 years when compared to a no-IRA scenario. This should bode well for U.S. solar stocks. However, the continued softness projected in residential installations might continue to hurt their near-term prospects to some extent. Nevertheless, considering the impressive projections for solar capacity additions i ...