Furthermore, the Solar Energy Industries Association (SEIA) recently announced its one-of-a-kind DEIJ Certification Program that aims to provide training and support for companies to analyze their DEIJ practices. This is expected to support the industry’s growth. The U.S. solar market is expected to hit $22.9 billion by 2025. Also, small-scale solar capacity systems in the United States are expected to grow by 5.8 GW and 7.8 GW in 2021 and 2022, respectively.
Given this backdrop, we think it could be wise now to consider taking positions in solar stocks Enphase Energy, Inc. (ENPH), SunPower Corporation (SPWR), Sunnova Energy International Inc . (NYSE:NOVA), and ReneSola Ltd (SOL), which gained more than 35% in price last month.