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Solar stocks are getting slammed as supply chain bottlenecks hit renewables sector – CNBC

Solar stocks declined on Tuesday amid fears that companies won’t be able to keep pace with record demand due to supply chain issues.



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Solar stocks declined on Tuesday, building on recent weakness, as companies warn about the impact of supply chain bottlenecks and parts shortages.
The Invesco Solar ETF, which tracks the space, slid 7%, bringing its one-month decline to 15%.
SolarEdge was the biggest drag against the fund, dipping 15%. The company reported earnings after the bell on Monday evening. While the company’s results exceeded analyst expectations on both the top and bottom line, SolarEdge warned about margin erosion going…

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