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Wind, Solar Projects on Public Land to Face New Review Process
Wind, Solar Projects on Public Land to Face New Review Process

Bloomberg

time17-07-2025

  • Business
  • Bloomberg

Wind, Solar Projects on Public Land to Face New Review Process

Wind and solar projects being constructed on federal land will be required to undergo a new review process at the Interior Department, under a new Trump administration directive that could slow the approval of projects. The directive, announced Thursday, will require sign-off from the Office of Interior Secretary Doug Burgum following an elevated review of decisions related to leases, rights-of-way, construction, operation plans, grants and more, the department said in a statement.

An 11.5% yield?! Here's the dividend forecast for a hot income stock
An 11.5% yield?! Here's the dividend forecast for a hot income stock

Yahoo

time12-07-2025

  • Business
  • Yahoo

An 11.5% yield?! Here's the dividend forecast for a hot income stock

Renewable energy income stocks currently offer impressive dividend yields. That's because Investor sentiment in this space remains subdued due to higher interest rates and falling energy prices. And as a consequence, many of these shares are trading at discounted valuations. NextEnergy Solar Fund's (LSE:NESF) one such enterprise with its shares trading close to a 20% discount to its net asset value, offering a staggering 11.5% yield. Yet despite this pessimism, the share price has actually been on the rise this year, climbing by 11% and outpacing many of its peers. So is this just a short-term rally? Or are we looking at the start of a long-awaited rebound? As the name suggests, NextEnergy Solar focuses on investing in utility-scale solar energy infrastructure. The bulk of its asset portfolio consists of UK solar farms with some European exposure, totalling an 865 megawatt energy-generating capacity. For reference, that's roughly enough to power 330,000 homes. The business model's simple. Generate clean electricity and sell it to the grid. The continuous need for electricity makes for a highly recurring revenue model that's translated into relatively stable cash flows. As with many renewable energy enterprises, the weather can slow things down. Yet, prudent capital allocation has enabled management to continuously hike dividends every year for the last 10 years, staying ahead of inflation. And even with the headwinds of falling electricity prices, the company's robust cash coverage indicates that payouts will continue to flow to shareholders. Dividends for its 2024 fiscal year totalled 8.43p. If the latest analyst forecasts prove accurate, that's expected to increase to 8.68p by 2027. The growth rate's hardly phenomenal. But with the yield already in double-digit territory, there remains a potentially lucrative income opportunity here. Even more so as the UK strives towards a Net-Zero energy grid by 2030. If the extraordinary 11.5% dividend yield's here to stay, why aren't more investors rushing to buy shares? We've already touched on it – energy prices. While energy inflation's certainly wreaked havoc on many households lately, the long-term trends suggest that electricity's on track to get steadily cheaper over the next 20 years. That's great news for consumers, but less so for energy generators who operate with a lot of fixed costs. Lower prices mean less profit, which could eventually compromise dividends. And with just shy of £200m of debts and equivalents on its balance sheet, it could force management to sell off some of its assets at their currently discounted prices to cover upcoming loan maturities. Pairing all this with the ever-increasing erratic behaviour of the weather results in a lot of uncertainty – the bane of the investing world. All things considered, few income stocks can boast of their ability to maintain double-digit dividend yields. However, the lack of projected growth does give me pause. Even more so when considering other renewable energy firms like Greencoat UK Wind are preparing to ramp up their dividend rather than keep it stable. With that in mind, I'm personally not rushing to buy. But that doesn't mean the stock isn't worthy of a closer look from opportunistic income investors. The post An 11.5% yield?! Here's the dividend forecast for a hot income stock appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Zaven Boyrazian has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025

SolarEdge Technologies (SEDG) Gained Over 37% This Week. Here is Why.
SolarEdge Technologies (SEDG) Gained Over 37% This Week. Here is Why.

Yahoo

time05-07-2025

  • Business
  • Yahoo

SolarEdge Technologies (SEDG) Gained Over 37% This Week. Here is Why.

The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) surged by 37.22% between June 26 and July 3, 2025, putting it among the Energy Stocks that Gained the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) was among the solar energy stocks that soared this week after the final approved version of President Trump's sweeping tax and spending bill turned out to be more generous for the industry than initially expected. Though the legislation still intends to phase out the sector's tax credits earlier than expected, the phase-down is more gradual compared to the earlier drafts. The final bill also did not include the controversial solar excise tax that had been included earlier, somewhat easing concerns for the industry. Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) recently announced that it has commenced full production and shipment of its Home Battery at a new factory in Salt Lake City, meaning that the company is now manufacturing its full residential offering — inverter, power optimizer, and battery — in the United States. While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.

SolarEdge Technologies (SEDG) Gained Over 18% This Week. Here is Why.
SolarEdge Technologies (SEDG) Gained Over 18% This Week. Here is Why.

Yahoo

time28-06-2025

  • Business
  • Yahoo

SolarEdge Technologies (SEDG) Gained Over 18% This Week. Here is Why.

The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) surged by 18.17% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. SolarEdge Technologies, Inc. (NASDAQ:SEDG) gained this week following reports that Congress may not cut federal tax incentives for residential rooftop solar installations. The potential for clean energy tax credits to remain intact has caused a strong wave of positive investor sentiment throughout the solar energy sector. Moreover, SolarEdge Technologies, Inc. (NASDAQ:SEDG) revealed this week that it has begun full production and shipment of its Home Battery at a new factory in Salt Lake City, Utah. This means that the company is now manufacturing its full residential offering — inverter, power optimizer, and battery — on American soil. Marty Rogers, General Manager at SolarEdge Technologies, Inc. (NASDAQ:SEDG), stated: 'We're proud to be part of the manufacturing resurgence in America, as our investments represent a strategic commitment to the domestic market. This expansion not only supports our growth objectives, but reinforces our promise to customers: reliable, high-quality technology with shorter lead times and greater supply chain stability. The American energy tax credits have enabled the company to onshore its manufacturing and add to the critical energy infrastructure needed to meet growing U.S. energy demand. As Congress considers changes to clean energy tax credits, we encourage lawmakers to recognize how vital these incentives are for businesses to continue investing in domestic manufacturing and drive America's future energy dominance.' While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.

SolarEdge Technologies (SEDG): Among the Solar Energy Stocks that Crashed This Week
SolarEdge Technologies (SEDG): Among the Solar Energy Stocks that Crashed This Week

Yahoo

time20-06-2025

  • Business
  • Yahoo

SolarEdge Technologies (SEDG): Among the Solar Energy Stocks that Crashed This Week

The share price of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell by 23.75% between June 10 and June 17, 2025, putting it among the Energy Stocks that Lost the Most This Week. A technician installing a communication device in a large solar energy system. SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a global leader in smart energy technology. The company produces current optimized inverter systems for solar photovoltaic installations in the United States, Germany, the Netherlands, Italy, the rest of Europe, and internationally. After posting gains of over 90% since the beginning of May, SolarEdge Technologies, Inc. (NASDAQ:SEDG) plunged heavily this week following the release of the Senate's proposed plan to phase out solar tax credits by 2028 as part of President Trump's sweeping tax and spending bill. While the industry was already expecting a gradual phase-out of the incentives, the new version of the bill accelerates this timeline. Under current law, the phase-out will not begin until 2032. The rooftop solar industry has been hit particularly hard, as the proposed legislation aims to end the residential solar tax credit by the end of this year. This deals a major blow to SolarEdge Technologies, Inc. (NASDAQ:SEDG), as its inverter sales are expected to take a hit from a drop in demand for rooftop solar. While we acknowledge the potential of SEDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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