CNRG - Clean tech stocks keep climbing as Congress considers tax extenders

Clean energy stocks are surging again, as the U.S. Congress considers extending tax breaks for wind and solar energy.Among solar stocks: [[JKS]] +15%, [[CSIQ]] +11.9%, [[RUN]] +6%, [[SPWR]] +6%, [[SEDG]] +3.5%, [[ENPH]] +2.5%, [[FSLR]] +2.5%.Among other alternative energy names: [[FCEL]] +9.7%, [[CLNE]] +6.4%, [[PLUG]] +5.6%, [[WPRT]] +5.6%, [[BLDP]] +4.7%, [[BE]] +3.8%, [[FTEK]] +3.5%.The coronavirus relief package said to be nearly ready for passage likely will include extensions for the production tax credit and the investment tax credit, which have long been major drivers for wind and solar in the U.S.The incentives have been extended multiple times with bipartisan support in past years, and "there is little resistance" to another extension, according to FiscalNote Markets analyst Katie Bays.ETF: [[TAN]], [[FAN]], [[ICLN]], [[ACES]], [[CNRG]]Last week, J.P. Morgan analysts said alternative energy is in the "early innings of adoption."

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Clean tech stocks keep climbing as Congress considers tax extenders