Saturday, March 1, 2025

As Clean Energy Rebounds, Check Out SOLR

Clean energy has rebounded as a top priority as European countries look to aggressively expand their clean energy capacity to reduce reliance on Russian fossil fuels.Investors looking to add exposure to the quickly growing industry may consider the SmartETFs Sustainable Energy II ETF (SOLR), which invests in companies that believe in providing or supporting alternative or renewable energy sources, or those that produce, generate, transport, deliver, or extend energy applications to make alternative or renewable energy more efficient or accessible, according to SmartETFs.SOLR is up 6.97% over a one-month period, according to VettaFi, due to recent tailwinds for the industry. A significant tailwind for the space is the acceleration of EV and clean energy adoption.Data released in March suggest that 20% of all passenger vehicles sold in Europe and China in February were sold with an…

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