Despite the Green Energy Boom, Solar Stocks are Not Doing Great

https://tokenist.com/despite-the-green-energy-boom-solar-stocks-are-not-doing-great/

Despite robust growth in the solar power industry, major solar stocks like Longi Green Energy Technology have faced significant downturns. Factors such as falling polysilicon prices and overcapacity in production have contributed to this decline. Additionally, as investor focus shifts toward emerging sectors like artificial intelligence, solar companies are struggling to maintain financial momentum.

However, the landscape is not universally bleak. U.S.-based First Solar has seen its stock more than double in the past year, buoyed by supportive government policies. Despite the current challenges, analysts remain optimistic about the long-term prospects of the solar sector, given the global urgency to transition to renewable energy and combat climate change.