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Solar Stocks Surge Despite Disappointing Earnings
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Rooftop solar stocks, including SunPower, Sunrun, and Sunnova, experienced a surge this week despite disappointing earnings. Oversupply in solar equipment and rising financing costs are pressuring the profit margins of these companies. SolarEdge and Enphase have also fallen in share price, following disappointing results and forecasts.
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How can the solar industry address the oversupply in equipment?
What impact do the disappointing results have on the overall solar sector?
What strategies can solar firms employ to reduce financing costs?
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