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Solar Stocks Have Been Thriving—Here’s Why That Could Continue

Decarbonization and electrification are important drivers of the industry’s success, as well as the greater business community’s realization that fighting climate change is a financial opportunity

    

Photographer: Sam Hodgson/Bloomberg

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The solar industry has been on a tear. Several stocks in the sector hit all-time highs last month. Investors seem eager for more solar companies to go public. But is this surge more sustainable than prior booms?