It is just the beginning of the month of May and for Q1 2022, demand for solar panels is already hot. As the summer season creeps in, demand for solar will only continue to grow.

Two months ago, I wrote an article on why I see solar being a driver of growth for $TSLA this year. To my surprise, in their Q1 2022 investor presentation, their solar business declined 48% year-over-year. As time goes on, maybe their solar business can accelerate in growth.

Overall, the pure plays of the solar business like $RUN seem to be thriving. Because of this, I can see $TAN, the ETF that covers the solar industry, rebounding to newer highs.