Lates News

On November 4, US-listed solar concept stocks rallied in after-hours trading, with Enphase Energy and Sunrun up more than 6%, First Solar up more than 4%, and Nextpower and SolarEdge Technologies up more than 2%. Expectations for the continuation of IRA policy are heating up. On the news front, Democrats performed strongly in the US midterm elections, and the market widely believes that the Democrats' locked-in advantage in congressional and local elections will greatly consolidate and extend the green energy subsidies and policy support under the Inflation Reduction Act (IRA).