Solar stocks started surging on July 28 after Senator Joe Manchin put his support behind a U.S. climate bill after previously rejecting it.
The news helped power up the stocks of solar companies, with the Invesco Solar ETF (NYSEARCA:TAN) jumping by more than six percent.
If the climate bill gets passed, it should trigger bullish tailwinds for the solar industry, including mid-cap Canadian Solar Inc. (NASDAQ:CSIQ). The company has an extensive business footprint and is rapidly growing.
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