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Is Enphase Stock A Buy Or Sell As President Biden Expands U.S. Solar Energy Plans?

September 21, 2021


What is the U.S. Federal Solar Energy Plan?

This month the U.S. Department of Energy released the 310-page “Solar Futures Study”, often being referred to as the Biden administration’s solar energy plan. The study lays out a possible electric grid layout in 2035 vs. 2020, with a future generation mix that looks like this:

If it wasn’t clear before, the Biden administration is all-in on solar and wind expansion with the goal of removing fossil fuels.

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