Aaron Newsom, left, an installer for the solar company, Sunrun, and Tim McKibben, a senior installer, install solar panels on the roof of a home in Granada Hills.
Mel Melcon | Los Angeles Times | Getty Images
The recent pullback in solar stocks is overdone, and with strong growth prospects on the horizon the sell-off represents a buying opportunity for some of the stocks in the space, Goldman Sachs said in a note to clients.
The firm pointed to a number of reasons to remain positive on the industry, including solid fundamentals, a healthy financing backdrop, as well as policy catalysts.