The demand for renewable energy has increased significantly in recent years, making the solar energy sector an attractive area for investment. In 2022, many solar energy stocks delivered impressive returns, making them some of the best-performing stocks of the year.
Here are some of the top 10 best-performing solar energy stocks in 2022:
First Solar Inc. (FSLR) – First Solar is a leading manufacturer of photovoltaic solar panels and systems. In 2022, its stock price rose by more than 200%, making it the best performing solar energy stock of the year.
SunPower Corporation (SPWR) – SunPower is a leading provider of high-efficiency solar panels and systems for residential and commercial customers. Its stock price rose by more than 150% in 2022, driven by strong demand for its products and a growing focus on renewable energy.
Canadian Solar Inc. (CSIQ) – Canadian Solar is one of the world’s largest solar panel manufacturers and a leading supplier of solar modules. In 2022, its stock price increased by over 100% as the company benefited from strong demand for its products and a growing global focus on renewable energy.
JinkoSolar Holding Co., Ltd. (JKS) – JinkoSolar is one of the largest solar panel manufacturers in the world, with a strong presence in both the residential and commercial markets. Its stock price rose by more than 75% in 2022, driven by strong demand for its products and increasing investment in the solar energy sector.
Vivint Solar Inc. (VSLR) – Vivint Solar is a leading provider of residential solar energy systems. Its stock price rose by more than 50% in 2022 as the company benefited from strong demand for its services and a growing interest in residential solar energy systems.
Enphase Energy Inc. (ENPH) – Enphase Energy is a leading provider of microinverter technology for the solar energy sector. Its stock price rose by more than 40% in 2022 as the company benefited from strong demand for its products and increasing investment in the solar energy sector.
SolarEdge Technologies Inc. (SEDG) – SolarEdge Technologies is a leading provider of power optimizer and inverter technology for the solar energy sector. Its stock price rose by more than 35% in 2022 as the company benefited from strong demand for its products and increasing investment in the solar energy sector.
Maxeon Solar Technologies Ltd. (MAXN) – Maxeon Solar Technologies is a leading manufacturer of high-efficiency solar panels and systems. Its stock price rose by more than 30% in 2022 as the company benefited from strong demand for its products and increasing investment in the solar energy sector.
Sunrun Inc. (RUN) – Sunrun is a leading provider of residential solar energy systems. Its stock price rose by more than 25% in 2022 as the company benefited from strong demand for its services and a growing interest in residential solar energy systems.
Daqo New Energy Corp. (DQ) – Daqo New Energy is a leading producer of high-purity polysilicon for the solar energy sector. Its stock price rose by more than 20% in 2022 as the company benefited from strong demand for its products and increasing investment in the solar energy sector.
In conclusion, these are some of the top 10 best-performing solar energy stocks in 2022. The growing demand for renewable energy and the shift towards a more sustainable future is expected to continue to drive growth in the solar energy sector, making it an attractive area for investment.