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SolarEdge Technologies, inc (SEDG) Q2 2021 Earnings Call Transcript
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Elon Musk Is On The Hook For Billions If He Loses Lawsuit Over Tesla s SolarCity Deal
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The Texas grid crisis is set to fuel demand for rooftop solar panels and batteries.
Homeowners lose faith in their utilities when the power goes out and seek resiliency, experts say.
The solar-energy company Sunrun said traffic to its website in Texas jumped 350% after the outages.
A devastating winter storm that led to widespread blackouts in Texas is fueling demand for solar panels and batteries in the Lone Star State, where electricity from the sun has been slow to catch on despite abundant sunshine.
Author Bio
A member of The Motley Fool since 2006, Scott began contributing content in 2013. His focus includes renewable energy, gold, and water utilities. Follow him on Twitter. . .
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What happened
Climbing 74% in 2020, shares of
TPI Composites (NASDAQ:TPIC) maintained their momentum in the first month of 2021. According to data from S&P Global Market Intelligence, shares of the wind blade manufacturer s stock bounced 14% higher in January.
In addition to some favorable opinions from Wall Street, investors bought shares in response to enthusiasm for renewable energy that has been growing since President Biden moved into the Oval Office.
Image source: Getty Images.