18.68 0.00 (0.00%)
After hours: 5:55PM EDT
|Bid||18.68 x 4000|
|Ask||18.69 x 800|
|Day's Range||18.48 - 18.95|
|52 Week Range||8.81 - 19.28|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.06|
Up nearly 50% this year, the Invesco Solar ETF (TAN) is easily one of this year's best-performing non-leveraged exchange traded funds. The Invesco Solar ETF follows the MAC Global Solar Energy Index, made up of companies in the solar energy industry. Investing 90% of its assets in the fund, holdings primarily include those in the solar information technology sector (54.95%).
(Bloomberg) -- Here’s the latest wrinkle in the battery boom: National Grid Plc is paying consumers to tap electricity from their power-storage systems.The utility has about 40 customers in the program now in Massachusetts and Rhode Island, and said expanding it to include Tesla Inc.’s Powerwall users may boost participation before the typical summertime peak in power consumption. National Grid is targeting 280 customers across the two states by early next month.The program may help the utility reduce capital costs by letting it access stored power from customers of Sunrun Inc. and other providers during periods of high demand. A single Tesla Powerwall battery in Rhode Island could earn as much as $1,000 a year, according to a spokesman for the automaker.“By using this technology at peak periods, we reduce our electric loads when power is most expensive,” said John Isberg, a vice president at National Grid. “This should provide environmental benefits and reduce infrastructure-investment costs.”Utilities in the Northeast have been among the early movers in incorporating solar and battery-storage systems into power grids. New England’s grid operator in February approved the addition of 145 megawatts of solar capacity, including some from Sunrun paired with batteries. And in Vermont, utility Green Mountain Power introduced a program this year to let 250 customers get two Tesla Powerwall batteries for $30 a month.National Grid’s program comes as costs for batteries have plunged, making storage systems a popular complement to rooftop solar. Outages triggered by extreme weather and wildfires across the country have also boosted demand for batteries.“We’re just getting to the point where they can provide these services cost effectively,” said Paul Wassink, a senior engineer at National Grid.To contact the reporter on this story: Brian Eckhouse in New York at email@example.comTo contact the editors responsible for this story: Lynn Doan at firstname.lastname@example.org, Will Wade, Joe RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Driven by a handful of recent policy developments and strong customer demand, residential solar has been on a steady rebound and is expected to see continued growth.
Tesla Inc. dropped to third place in U.S. residential solar installations as Sunrun Inc. gained market share and kept its lead.
Solar stocks have made a big comeback so far in 2019, with the INVESCO EXCHANG/SOLAR ETF (NYSE: TAN ) up 48.5% year to date. However, one Wall Street analyst said Tuesday residential solar stocks will ...
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
With families across the country experiencing a rising number of power outages, the nation’s leading home solar and battery provider, Sunrun Inc. (RUN), today announced it is bringing its Brightbox home solar and battery service to residents in New Jersey and expanding its offering in New York state. Sunrun’s Brightbox home battery offers residents an affordable home energy solution that provides reliable back-up electricity and the energy security that residents desire.
Declining cost structure along with solid estimated top-line performance is expected to boost Azure Power's (AZRE) earnings in fourth-quarter fiscal 2019.
Sunrun (RUN), the nation’s leading residential solar, battery storage and energy services company, today announced it has priced its third securitization of leases and power purchase agreements, known as Sunrun’s solar-as-a-service offering. The securitized leases and power purchase agreements have been in service for an average of over six years and are no longer subject to tax equity financings.
Canadian Solar's (CSIQ) solar module shipments in the quarter totaled 1,575 MW, down 19.3% from fourth-quarter's shipment of 1,951 MW.
SunPower's (SPWR) top line in first-quarter 2019 improves year over year mainly backed by construction revenues from solar services contracts.