Investors Sour on Solar Sector Hurt by High Interest Rates
Companies providing rooftop installations in the US expect a challenging sales environment.
Workers install solar panels at a home in San Francisco.
Photographer: Michaela Vatcheva/Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, reporter Mark Chediak looks at challenges in the US solar industry. To read about the junk food industry’s push into under-regulated India, click here. To get this newsletter sent straight to your inbox, you can sign up here.
Home solar companies in the US dialed back their outlooks this week amid a pileup of challenges that are dragging the sector down. Investors took notice.