Job growth in the solar energy sector ticked higher in 2019—the first time in about three years—showing that the effects of import tariffs are starting to wane for solar energy. One major factor the article cited in determining whether the solar energy industry can continue its strength is trade.
Global investment management firm Invesco is a veteran of the ETF game, and offers a plethora of products for investors who want to get knee-deep into everything from fixed income to smart beta. One trend the firm is seeing is more investor demand for funds that focus on renewable energy. According to a report in Investor’s Business Daily, Invesco has $1.2 trillion in assets under management, which include over $273 billion in ETFs.
Most democrat candidates including Michael Bloomberg are intending to turn America into a clean energy economy, putting these ETFs in focus.