Canadian Solar (CSIQ) stock is soaring 6.22% in intraday trading, outperforming the broader market as part of a significant upward trend in the solar sector. The company's shares are trading higher along with several other major players in the solar industry, reflecting renewed investor interest in renewable energy stocks.

Other solar companies are also experiencing notable gains. Daqo New Energy is leading the pack with a substantial 13% increase, while JinkoSolar is matching Canadian Solar's performance with a 5% rise. Industry giants First Solar and Enphase Energy are also in positive territory, up 3% and 2% respectively.

While the specific catalyst for this sector-wide rally has not been identified, it could be related to factors such as positive industry news, favorable policy developments, or improved market sentiment towards renewable energy stocks. Investors appear to be showing increased confidence in the solar sector's growth prospects, driving up stock prices across the board.