Enphase Energy outperforms in 2022 on the back of strong Europe demand

Enphase Energy (NASDAQ:ENPH) — the supplier of solar and battery storage parts — jumped 18% after reporting strong earnings. What’s the big deal? Rising natural gas prices in Europe accelerated the use of solar and other renewable energy — leading to a jump in Europe sales by 69% compared to the last quarter. Enphase has…

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Biden energizes the solar industry

The solar industry has made a strong recovery from May’s bottom with several solar stocks posting 40-60% gains over the past few weeks. Yesterday, Biden energized the solar industry with big announcements… How it started: In 2018, Trump implemented tariffs on solar imports to make U.S. solar production more competitive. The tariffs had a big…

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