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Why Renewable Energy Stocks Jumped This Week

TheMotleyFool

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Why Renewable Energy Stocks Jumped This Week: https://g.foolcdn.com/editorial/images/750899/solar-farm-at-sunset.jpg

Renewable energy stocks had a nice recovery this week -- particularly those involved in installing or financing solar projects -- after months of downward pressure.

According to data provided by S&P Global Market Intelligence, shares of Hannon Armstrong (NYSE: HASI) jumped as much as 18.2% this week, (NASDAQ: RUN) was up by as much as 15.3%, and Sunnova Energy (NYSE: NOVA) popped by as much as 16.6%. As of 12:15 p.m. ET Friday, those stocks were up 14.4%, 12.1%, and 12.8%, respectively, for the week.

Image source: Getty Images.

Source Fool.com