With Republicans’ major victories in the polls and possible risk to the IRA incentives, solar stocks are suffering. Yesterday solar and clean energy stocks crashed heavily: the Invesco Solar ETF (TAN) fell 11%, First Solar is down 12%, Enphase and SolarEdge are down roughly 19%, Sunrun is down 26% and its competitor Sunnova crashed over 40%. Utility-scale solar tracker manufacturer Nextracker fell about 6.5%, while its competitor Array Technologies dropped nearly 20%.
Solar stock have crashed
