Summary
Green energy stocks are rising again, despite political challenges under President Trump. They increased by 40% this year, outperforming the S&P 500. However, they still haven't fully recovered from previous losses.
Key Facts
- Green energy stocks went up by 40% in 2023.
- These stocks outperformed the S&P 500 by 25 percentage points.
- The index includes 83 companies focused on clean energy.
- The rally is largely due to companies like China's CATL and Bloom Energy.
- Interest in AI power demand is helping some companies in the index.
- The index lost nearly 60% of its value in 2022 and 2023.
- Despite gains, the index is still 40% below its peak in 2021.
- Early-stage and private clean energy companies face challenges due to fewer government incentives.
