Sunrun, Vivint Stocks Brighten On Solar ITC Extension

By | December 19, 2015

Scalper1 News

IBD’s Energy-Solar industry group brightened Friday after Congress easily passed a $1.15 trillion spending plan that extends a key solar subsidy through 2023 in exchange for lifting a 40-year ban on U.S. oil exports. On Friday, the solar stocks group collectively closed up 1.3% after Congress officially inked the deal. The week’s biggest boost came Wednesday, when the group’s shares flew 15.8%, sending the group to a four-month high, after Scalper1 News

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