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Higher interest rates are starting to affect solar installers like SunPower (SPWR +0.00%). In this video, Travis Hoium explains why the second quarter was so bad and where there may be bright spots in the future. 

*Stock prices used were end-of-day prices of Aug. 1, 2023. The video was published on Aug. 2, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in SunPower. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Enphase Energy Stock Quote
Enphase Energy
NASDAQ: ENPH
$37.54
(+0.43%)+$0.16
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SolarEdge Technologies Stock Quote
SolarEdge Technologies
NASDAQ: SEDG
$41.20
(-1.34%)-$0.56

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Residential Solar Weakness Hits SunPower | The Motley Fool