Archive for September 2023
Solar stocks dip but valuation is inexpensive and global solar demand is very strong
The MAC Global Solar Energy Stock Index in 2023 is down by -26% on a year-to-date basis. The MAC Solar Index saw extraordinary gains of +67% in 2019 and +245% in 2020, but then settled back by -26% in 2021 and -5% in 2022. The MAC Solar Index is the tracking index for the U.S.-based…
Read MoreMAC Solar Index September 2023 Quarterly Review Changes
As part of the regular quarterly Index review process that takes effect after the close of business on September 15, 2023, the following stocks will be dropped from the Index: Xinte Energy Co Ltd – H Shares (1799 HK), Giga Solar Materials Corp (3691 TT), and HD HYUNDAI ENERGY SOLUTIONS Co Ltd (322000 KS).
Read More