Clean Energy Stocks Keep Rallying
It’s been a rough Friday for tech stocks—unless you’re in the clean energy business.
With the Technology Select Sector SPDR fund down 0.7%, the sector’s top standouts were Enphase Energy and First Solar. The Invesco WilderHill Clean Energy ETF was up 3% on Friday. Sunrun was leading the pack with a 37% gain.
The move continues a recent rebound in clean energy stocks despite calls from President Donald Trump to have the Treasury Department impose stricter rules on renewables projects.