DNNGY - Solar wind names rally as Russia's war seen sparking clean energy push

Shares of solar and alternative energy companies are catching a bid on the notion that Russia's invasion of Ukraine will raise pressure on governments to build more wind and solar power to reduce dependence on imported fossil fuels. Two of Monday's top three gainers on the S&P 500 are solar companies, SolarEdge Technologies (SEDG +11.7%) and Enphase Energy (ENPH +8.4%), and others also trade sharply higher: JKS +19%, AZRE +15.1%, DQ +14.8%, SUNW +12.7%, RUN +11%, NOVA +10.7%, ARRY +9.5%, CSIQ +7.6%, SPWR +7.1%, FSLR +6.6%. Among alternative energy names: FCEL +14.5%, BLDP +14.5%, PLUG +13.2%, BE +12.8%. ETFs: TAN, FAN, ICLN, QCLN, PBW, PBD, ACES, CNRG, SMOG, ERTH In Europe, Vestas Wind Systems (OTCPK:VWDRY +14.3%), the world's biggest maker of wind turbines, gained as much as 15%, while competitor Siemens Gamesa Renewable Energy (OTCPK:GCTAY +13.0%) rose 12% and Nordex (OTCPK:NRDXF +15.0%) jumped as much as 20%; Orsted (OTCPK:DNNGY +10.7%),

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Solar, wind names rally as Russia's war seen sparking clean energy push