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Fuel Cell, Solar Stocks Surge on Covid Bill, Capping Banner Year

  • Relief package includes key renewable-energy tax credits
  • Bloom Energy, Plug Power and others extend Q4 rallies

Fuel cell and solar stocks are soaring to some of their highest levels in years after the U.S. Congress included provisions in the pandemic relief bill to extend clean-energy tax credits.

FuelCell Energy Inc. jumped as much as 25% to $13.48, its highest intraday price since 2018. Bloom Energy Corp. rose 2.4%. JinkoSolar Holding Co. climbed as much as 8.7%.