Solar Power ETFs

Solar Power ETFs

Solar Power ETFs

Source: https://www.investopedia.com/articles/exchangetradedfunds/11/going-green-with-etfs.asp

Solar power harnesses the sun's energy and converts it into electricity, either directly using photovoltaic cells or indirectly using concentrated solar power. Germany, China, and Japan are among the world leaders in solar innovation. The price drivers for solar ETFs include oil prices, government subsidies and incentives, and technological developments. ETFs based on solar power include The Invesco Solar ETF: This ETF is based on an index that tracks companies involved in the production of solar power equipment, the production of fabrication products or services, and companies that supply the raw materials used by the solar power equipment producers.