Solar and wind stocks slide as high interest rates raise project borrowing costs
Barron's reports that SunPower stock fell 76% over six months, while Sunrun fell 38%. It says higher borrowing costs are weighing on solar and wind projects.
TLDR
Barron's reports that solar and wind companies are struggling as high interest rates make their projects more expensive to finance. It says SunPower stock was down 76% over six months and Sunrun was down 38%.
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