The German-based renewable developer ABO Energy has delivered profit every single year since its foundation in 1996—nearly three decades. Even though “You’ll never make money with that” was one of the most frequent phrases the founder, Jochen Ahn recalled, before starting the business. We had the op

BloombergNEF revealed its solar sector outlook at the end of August, forecasting 592 gigawatts of global installations in 2024—a 33% increase from 2023. Yet, overcapacity continues to pressure module manufacturers, especially in Asia and Europe.

The AI potential has been overshadowed by the uncertainty surrounding the presidential election, creating potential buying opportunities. Even without factoring in domestic manufacturing subsidies, First Solar is expected to achieve solid valuation metrics at current price levels.

Although solar is known for its fierce competition, Enphase’s unique product ecosystem is difficult to replicate, securing an industry-leading moat. Based on our in-depth analysis, we set the share price target only slightly higher than the current price.

Biden administration goes all-in to reviving domestic solar panel manufacturing while solar suddenly became a part of AI story, lifting the share price 76% since our previous update.

Fresh guidance for 2024 turned out above our expectations. Bookings pricing shows no effects from global overcapacity, although the volume of bookings does.

First Solar has increased its backlog to an all-time high, signing contracts with steady ASPs despite global pricing pressure. With interest rates heading down, First Solar shares gain attractiveness on two fronts. There are political risks related to the IRA, but we see those outweighed by potentia