SolarEdge Says US Residential Solar Market Is Currently Seeing Some Headwinds Primarily Related To Higher Interest Rates
Portfolio Pulse from Benzinga Newsdesk
SolarEdge (SEDG) has reported that the US residential solar market is facing headwinds primarily due to higher interest rates.
August 04, 2023 | 10:24 am
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SolarEdge's business could be negatively impacted by the current challenges in the US residential solar market due to higher interest rates.
Higher interest rates can make financing for solar installations more expensive, potentially leading to a decrease in demand. This could negatively impact SolarEdge's revenues and profitability.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100