Another rough week for solar, alternative energy stocks
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Solar stocks (NYSEARCA:TAN) fell again Thursday, extending a slump in the sector as falling prices compress margins and factory expansions raise fears of overcapacity.
Enphase Energy (NASDAQ:ENPH) was among Thursday's worst performers on the S&P 500, sliding as much as 7% before closing -3.2%; for the week, the stock has shed more than 10% so far.
The Invesco Solar ETF (TAN) has lost more than 5% this week, with declines this week in SolarEdge Technologies (SEDG) -11.6%, Hannon Armstrong (HASI) -9.4%, Sunrun (RUN) -7.1%, Shoals Technologies (SHLS) -1.6%.
Also losing ground this week: Sunworks (SUNW) -11.4%, Daqo New Energy (DQ) -10.2%, JinkoSolar (JKS) -8.2%, Canadian Solar (CSIQ) -6%, SunPower (SPWR) -5.4%, Maxeon Solar Technologies (MAXN) -2.9%, First Solar (FSLR) -1%.
The iShares Global Clean Energy ETF (NASDAQ:ICLN) has dropped 3.5% so far this week, with FuelCell Energy (FCEL) -13.3%, Gevo (GEVO) -10.2% and Plug Power (PLUG) -8.4%.
More on solar and clean energy:

U.S. solar tallied best-ever Q1, with usage seen doubling in next five years
TAN: Solar stocks jump but broader bearish trends persist
ICLN: Bad performance with potentially worse outlook