Why is Solar Sector on fire?

because China is pushing for carbon neutral by 2060; also, China imports a lot of oil (that is another incentive for them to adopt green energy).

https://www.cnbc.com/2020/09/23/china-claims-it-will-be-carbon-neutral-by-the-year-2060.html

 

what else?

 

What is the technology that China does not have to build solar cell and wind turbine?
In fact, most of the solar cell is from China.

 

Pull up a chart of ENPH, last year was a $5 stock, 2018 was a $2 stock, 2017 was a sub $1 stock, now $113, all stock movement, not product of a reverse split.

 

market thinks Biden will win.

it’s pretty obvious if you look at the chart.

 

The new panels are 40% efficient doubling efficiency. So if it is cheaper than fossil fuel at the moment then it is going to be even better soon.

 

Kamala green deal, Biden etc

Look at JKS 90day chart just wow

 

From $18 to $90 in 6 weeks! Sheesh.

Got some volume to it, too.

 

Story all along.... regardless of the "eco appeal" of solar, it wasn't economically viable... as its cost was still greater than fossil fuel sources, including natgas. Perhaps that's changing?? If that's the case, solar will be a HUGE winner for the next 10 years and perhaps beyond.