FTCI - Solar clean energy stocks surge again on Europe's planned green push

Solar stocks are sizzling in Thursday's trading, rallying for a second straight session after the European Union unveiled a plan to cut red tape for solar and winds installations in an effort to reduce reliance on Russian fossil fuels. The Invesco Solar ETF (NYSEARCA:TAN) +5.3%, with S&P components Enphase Energy (NASDAQ:ENPH) +7.7% and Solaredge Technologies (NASDAQ:SEDG) +7% to rank among the day's leaders; other big gainers include (SHLS) +11.2%, (MAXN) +10.6%, (FTCI) +8.7%, (SPWR) +7.2%, (SOL) +6.6%, (CSIQ) +6.2%, (ARRY) +5.8%, (JKS) +5.4%, (NOVA) +5.2%, (RUN) +5%, (DQ) +3.7%, (FSLR) +2.3%. Other alternative energy names also are catching a powerful bid, including (BE) +12.1%, (BLDP) +7.8%, (GNRC) +7.6%, (FCEL) +7.5%, (PLUG) +6.3%. Other potentially relevant ETFs include (FAN), (ICLN), (QCLN), (PBW), (PBD), (ACES), (CNRG), (SMOG), (ERTH) The European Union's new RepowerEU plan calls for accelerated construction of wind farms and solar arrays, with half the EU's energy to come from

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Solar, clean energy stocks surge again on Europe's planned green push