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

September 21, 2021

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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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