BE - Green energy stays red hot; Plug Power Bloom Energy hit multiyear highs

Alternative energy stocks scored another strong rally today, led by Plug Power ([[PLUG]] +16.1%), which soared to its highest levels since the financial crisis in September 2008.News that Nikola is on pace with construction of the first phase of its $600M electric truck manufacturing plant may have provided a spark, but the belief that the new Biden administration will accelerate the shift to renewable energy and away from fossil fuels has been lifting alt energy stocks since the presidential election five weeks ago.Bloom Energy ([[BE]] +10.7%) pushed to a two-year high despite a lengthy WSJ story today about the company's bumpy road over the past decade.Bloom CEO KR Sridhar's "proposition to disrupt the energy market came as the world was trying to figure out how to wean off fossil fuels. Instead, the energy industry has disrupted Mr. Sridhar's strategy, turning to wind and solar power, which have lower costs and deliver

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Green energy stays red hot; Plug Power, Bloom Energy hit multiyear highs