Solar photovoltaic (pv) net news: in the past ten years, with the U. S. stock market experienced ups and downs, hit solar plate contusion. But compared to the solar industry itself is a roller coaster, the U. S. stock market seem dwarfed the rain or shine.
along with the continuous raising interest rates, the standard & poor's 500 index fell in December 14. 8%, this might be the worst since the depression low since 1931 in December.
Christmas Eve, Invesco Solar ETF ( The nasdaq stock code: TAN) At 18 a share. 01 dollars, compared to the end of November 21. $85 down 17% from its peak. Individual stocks are more poor. Tesla ( The nasdaq stock code: TSLA) Although has taken a series of measures, but the stock price from December 13 to 24, still down 22%, crystal energy, The New York stock exchange code: JKS) ,Sunrun( The nasdaq stock code: RUN) And SunPower ( The nasdaq stock code: SPWR) Failed to survive, and even worse, as of 24, 10 days, the closing price fell by at least 25%.
in the past two weeks, the collapse of the market in the past decade is unprecedented, but in the solar industry, it is not unusual. At the end of this year, one in early June, at the end of February, at the end of may and October, TAN, a similar decline. Fortunately every exchange-traded funds can bring a lot of giant solar's recovery.
crystal secco energy is just one of the declining stocks in the past two weeks, since its peak in November 2017, wiping out nearly two-thirds; SunPower decline is not as bad as 2016 years ago in the third quarter. As for tesla, although TSLA consecutive decline and rebound, but since January of last year has remained above $250 a share.
it is not every stock have suffered losses. 韩华问细胞( The nasdaq stock code: HQCL) Is expected to become the second largest solar module manufacturers in the western hemisphere, while the Asian market in the second half of the collapse, but hanwha Q Cells does not seem to be affected by the slowdown, the Georgia plant will also be online
it is unclear how will change by the end of this month. The standard & poor's 500 index shows signs of a rebound, but it is unclear whether this is & other; Dead cat bounce & throughout; , or a real recovery.
the stock market's strong winds, heavy rain for the solar industry, may be just the wind drizzle. December's share price for the solar industry, is by no means the worst so far, no person remember 2011 cuts will prove it. During the nine months of 2011, TAN lost 70% of its value, and at the end of 2008 the market collapse of lost three-quarters of its value in 5 months.
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solar power can avoid discharge greenhouse gas carbon dioxide, and the use of electric power company's electricity, compared to the solar power system can reduce the emissions of about 300 tons of carbon dioxide a year.