Climate change investing small-cap solar innovators in climate

Small-cap solar innovators in climate change investing are trading at attractive P/E ratios relative to growth peers. Enphase Energy (NASDAQ: ENPH) rebounded 16% from February lows after exceeding Q1 earnings consensus by 12%. This article is republished from The Conversation , a nonprofit, independent news organization bringing you facts and trustworthy analysis to help you make sense of our complex world. It was written by: Julie Arbit , University of Michigan ; Brad Bottoms , University of Michigan , and Earl Lewis , University of Michigan Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily. Climate change investing is gaining momentum, with renewable energy stocks outperforming the broader market year-to-date. Tesla (NASDAQ: TSLA) is up 14% in Q1 2024, while First Solar (NASDAQ: FSLR) has rallied 18% amid growing clean-tech demand. Analysts forecast ESG-focused portfolios could see a 12–15% CAGR over the next five years driven by global decarbonization mandates.