Why Clean Energy Stocks Are Falling While Oil Holds Steady

Episode 36 of Energy Economics with Fexingo. Oil is holding above $90 a barrel, but clean energy stocks are getting crushed—ICLN down 7.5%, TAN down 10%, Enphase down 12% in the last five days. Lucas and Luna unpack why this divergence is happening. The Iran conflict and rising bond yields are reshaping the risk calculus. But the bigger story is a structural headwind: the Inflation Reduction Act's tax credits are being pulled forward, creating a boom-bust cycle in solar and battery manufacturing. Lucas walks through the math: 50 GW of new solar module capacity hitting the U.S. this year, but installation demand is only 35 GW. And tariffs on Chinese components are squeezing margins. Luna points out that the same manufacturing glut is hitting battery storage, with prices dropping 30% in 2025 and another 20% so far in 2026. The hosts discuss whether this is a buying opportunity or a value trap, and what the second half of 2026 might hold for the sector. #CleanEnergy #SolarStocks #BatteryStorage #OilPrices #IranConflict #InflationReductionAct #ManufacturingGlut #Enphase #FirstSolar #NextEraEnergy #TAN #ICLN #RenewableEnergy #Economics #FexingoBusiness #BusinessPodcast #EnergyMarkets #GreenEnergy Keep every episode free: buymeacoffee.com/fexingo