Solar stocks have been heating up in the stock market the past couple of months. Despite a lackluster start to the year, this segment of the market has now been gaining attention. By and large, the Russian invasion of Ukraine has caused disruption to the energy market, causing oil prices to jump. As a result, there is now a renewed…
Following Russia’s invasion of Ukraine, many countries have implemented sanctions on Russia. And some of which are aimed at the energy sector. In brief, President Biden issued an Executive Order prohibiting the import of Russian-origin oil, liquified natural gas, and coal into the U.S. As investors look for alternatives to traditional sources of energy, the renewable energy space would come…
Many believe that renewable energy will power the world one day. At this point, the transition to renewable energy may still be at an early stage. However, we are seeing more emphasis and increasing adoption over the past few years. In light of this, renewable energy stocks would naturally be in focus in the stock market. Take Tesla (NASDAQ: TSLA)…