Tariff Threat Already Taking a Bite Out of Solar Installations
The simple threat of solar tariffs in the U.S. is already taking a bite out of the solar industry as customers large and small feel the pinch of higher costs. The Solar Energy Industries Association and GTM Research released their U.S. Solar Market Insight Report for Q4 2017 (covering Q3 2017) this week, which showed installations plunged 51% to 2,031 megawatts (MW).
A decline in solar installations isn't entirely unexpected, but it's surprising how big the drop was and where it's hitting the industry. Here's what investors need to know.
Image source: Getty Images.
Source: Fool.com
Sunpower Corp. Stock
€2.46
6.920%
Currently there is a rather negative sentiment for Sunpower Corp. with 7 Buy predictions and 36 Sell predictions..
A target price of 1 € results in a potential of -59.4% which would mean heavy losses compared to the current price of 2.46 € for Sunpower Corp..
