The Beginning Of A New Megatrend In Solar Energy ...Middle East

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The Beginning Of A New Megatrend In Solar Energy
The solar sector has enjoyed a jaw-dropping run-up in the current year. The sector’s sole pure-play solar fund, Invesco Solar Portfolio ETF (TAN), is up 234% over the past 52 weeks, with a good chunk of those returns having come after Joe Biden was declared the winner of the U.S. presidential elections a month-and-half ago. That incredible momentum is certainly beginning to look like a big bubble in the making, considering that it’s hard to prove how the fundamental value of solar companies has more than tripled in the space of just…

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