BUZZ-Solar companies gain after Powell's comments fuel rate-cut expectations

Reuters
2025.08.22 15:25
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Shares of solar companies rise, tracking broader market gains after U.S. Federal Reserve Chair Jerome Powell hinted on possible interest rate cuts in September (.N) Lower interest rates reduce the cost of solar projects, making it a cheaper investment for homeowners, leading to a rise in demand for solar productsShares of SunRunup 7.5%, SolarEdge Technologiesrise 8.7%, and Enphase Energyup 7.4%First Solarrises ~4% and Canadian Solarup 2.4%

Shares of solar companies rise, tracking broader market gains after U.S. Federal Reserve Chair Jerome Powell hinted on possible interest rate cuts in September (.N)

Lower interest rates reduce the cost of solar projects, making it a cheaper investment for homeowners, leading to a rise in demand for solar products

Shares of SunRun (RUN.O) up 7.5%, SolarEdge Technologies (SEDG.O) rise 8.7%, and Enphase Energy (ENPH.O) up 7.4%

First Solar (FSLR.O) rises ~4% and Canadian Solar (CSIQ.O) up 2.4%

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