If green energy is the future, why are renewable energy stocks crashing?
Date: 14/03/21
The Motley Fool
Five reasons why solar and wind energy stocks are going down.
The recipe for renewable energy’s 2020 breakout was so perfect it deserves a Michelin star. Technological improvements had been simmering for years and paired perfectly with short-term seasonings like low interest rates. The result was a 234% surge in the Invesco Solar ETF (NYSEMKT:TAN), a 59% increase in the First Trust Global Wind Energy ETF (NYSEMKT:FAN), and tons of excitement surrounding electric vehicle (EV) and hydrogen fuel cell companies. And then seemingly out of nowhere, the narrative shifted.
https://www.thegwpf.com/if-green-energy-is-the-future-why-are-renewable-energy-stocks-crashing/
