Solar stocks down on broader market sell-off
** Shares of solar companies fall on fears of the United States tipping into recession following weak economic data last week that rippled through global markets .N
** "The fact that interest rates are coming down is definitely helpful for the solar industry's cost of capital, but it is not enough to counteract what's happening in the broader market", said Raymond James analyst Pavel Molchanov
** Benchmark 10-year note yields US10YT=RR dropped to its lowest since June 2023 US/
** Sunnova NOVA.N dips 8.5%, Sunrun RUN.O falls 6.9%, SolarEdge Technologies SEDG.O loses 3.3%, and Emeren Group SOL.N drops 4.8%
** SunPower SPWR.O falls as much as 8.7%
** Invesco Solar ETF TAN.P dips 4.7%
Reporting by Seher Dareen in Bengaluru
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