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-0.00286532951289405 -0.00573065902578797 -0.0057020057306591 -0.00859598853868202 -0.01432664756447 -0.0257879656160458 -0.0171919770773639 -0.0200573065902578
Stock impact report

Better Buy: Plug Power vs. Canadian Solar [The Motley Fool]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: The Motley Fool
Hardly any sectors of the stock market have brought joy to investors in recent weeks, but the renewable energy industry has been particularly grim. TheNASDAQ Clean Edge Green Energy Index 00That's been bad news for solar companies likeCanadian Solar(NASDAQ:CSIQPlug PowerNASDAQ:PLUGImage source: Getty Images.Cheap fuel beats renewable fuelOn March 9, talks among OPEC+ nations broke down, with Russia and Saudi Arabia each vowing to ramp up production in April, flooding the global oil market with cheap crude. Other countries followed suit, and oil prices collapsed. Benchmark Brent crude prices were cut almost in half, from over $0 per barrel at the beginning of March to just over $ per barrel at the end of the month.When oil prices drop, renewable fuel stocks also tend to suffer. After all, why would someone -- say, a business with a truck fleet -- pay the high up-front costs to switch to renewable fuels when they could just buy cheap gas?That's the question investors may be asking about Show less Read more
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