$SNPW ALERT>.01^ .Renewable energy stocks are outp
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BloombergNEF says global solar will cross 200 GW mark for first time this year, expects lower panel prices
https://www.pv-magazine.com/2022/02/01/bloomb...nel-prices (above)
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Oil shot above $100 per barrel for the first time in years the day Russia invaded Ukraine, and has climbed sharply higher since. On Thursday, Brent crude, the international oil benchmark, hit $119.84 per barrel, while the U.S. benchmark topped $116.
“The move higher in global natural gas and power prices is potentially a longer-term catalyst for acceleration of development of renewable energy capacity globally across a variety of technologies including solar, wind and green hydrogen,” said Ameet Thakkar, energy transition and infrastructure analyst at BMO.
“These energy sources will be viewed as more price competitive in a higher for longer scenario for energy prices,” he added.
https://www.cnbc.com/2022/03/06/oil-and-gas-p...tocks.html icymi
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