BUZZ-Solar stocks rise on Reuters report of potential tariff reversal

Reuters04-18

** Shares of solar companies rise after a Reuters report on Biden administration expected to reverse a two-year-old trade exemption that allowed imports of a dominant solar panel technology from China and other countries to avoid tariffs, as per two sources familiar with plans

** Past trade remedies have sharply divided U.S. solar industry, which is dominated by installers and developers relying on cheap imports to keep their costs low

** Sunnova , Sunrun , SolarEdge Technologies

and Maxeon Solar rise between 1.9% and 8.7%

** Other solar firms such as Canadian Solar , First Solar and Enphase Energy up between 1.8% and 4.7%

** Invesco solar ETF rises 2.3%

(Reporting by Seher Dareen in Bengaluru)

((Seher.Dareen@thomsonreuters.com;))

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