Shares of Daqo New Energy (DQ), a leading polysilicon manufacturer, are soaring 12.98% in Wednesday's trading session, outperforming the broader market and leading a rally in solar stocks. The significant uptick in Daqo's stock price comes amid a broader surge in the solar energy sector.

Other solar companies are also experiencing notable gains, with JinkoSolar and Canadian Solar both up 5%, First Solar rising 3%, and Enphase Energy climbing 2%. This coordinated movement suggests a sector-wide trend rather than company-specific news driving Daqo's impressive performance.

While the exact catalyst for the solar sector's rally remains unclear, investors appear to be showing renewed interest in renewable energy stocks. The surge could be attributed to various factors such as positive industry outlook, potential policy developments, or broader market dynamics favoring clean energy investments. However, as with any significant market movement, investors are advised to conduct their own research and consider the volatility often associated with the solar energy sector.