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Benzinga

Business

Henry Khederian

HISTORICAL FACTS: Why plug power fuelcell enphase energy first solar and sunrun shares are rising - The Untold Story

ENPH Enphase Energy FuelCell First Solar RUN Sunrun Enphase Energy Inc FCEL FuelCell Energy Inc Plug Power Inc

Shares of clean energy manufacturing and solar-related companies, including Plug Power Inc (NASDAQ:PLUG), FuelCell Energy Inc (NASDAQ:FCEL), Enphase Energy Inc (NASDAQ:ENPH), First Solar, Inc. (NASDAQ:FSLR) and Sunrun Inc (NASDAQ:RUN), are all trading higher as a surge in oil prices lifts alternative energy names.

The Russia-Ukraine conflict caused an increase in oil prices and put pressure on some countries to become less dependent on Russian gas. The United States today announced a ban on Russian oil imports.

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