Solar

While it's too early to determine the true impacts of the impending COVID-19 recession, it's clear it will adversely affect every major industry—and solar is no exception. Nevertheless, the long-term potential of the solar industry is still immense. I'm bullish on solar...

The solar industry became a true star in the energy sector. The United States, as a traditional fossil fuel consumer, turned to the solar industry more decisively in 2019. According to Wood Mackenzie/SEIA U.S. Solar Market Insight, solar capacities increased by 13.3 gigawatts (GW) last year,...

Over the past few weeks, we have witnessed dramatic events previously unseen in recent history—not the least of which was the collapse of oil. The price of a barrel of oil is currently sitting near 18-year lows, sending a shockwave through the global economy.  The COVID-19...

Industry data cross 5,000 projects that are ongoing or in the pipeline suggests First Solar, Inc. (NASDAQ: FSLR) is "in trouble," according to Barclays. The Analyst Moses Sutton downgraded First Solar from Overweight to Underweight with a price target lowered from $66 to $49. The Thesis...

Last year was a great time to be involved with alternative energy equities and the related exchange traded funds. While plenty of diversified funds in the space rallied in considerable fashion, solar was particularly strong as highlighted by an annual gain of almost 67% for the Invesco Solar ETF (...

Though its off more than 11% from its recently set 52-week high, the Invesco Solar ETF (NYSE: TAN) is still up nearly 55% year to date, easily making it one of 2019's best-performing non-leveraged exchange traded funds. While TAN's 2019 showing is undoubtedly impressive, the fund is losing...

As the sun goes away, so does the optimism for the solar sector. Even before the year is over, it appears that 2020 will be rough for some alternative energy companies.   What Happened Longi Solar, a manufacturer of monocrystalline solar cells and modules, reported third-quarter...

Electric carmaker Tesla Inc (NASDAQ: TSLA) announced a sales initiative Monday to boost its home solar panel business, which was born out of the 2016 acquisition of its cousin company SolarCity. What Happened Tesla introduced a new leasing option where consumers can rent solar panels starting...

Enphase Energy, Inc. (NASDAQ: ENPH) popped $6.50, or 30%, to $28.15 on 22.2 million shares Wednesday. On Tuesday the supplier of solar power microinverters released favorable second quarter financial results. The stock has been rallying since starting the year under $5, and Wednesday's...

VivoPower International PLC (NASDAQ: VVPR) shares traded sharply higher Monday after the company announced new parties have engaged in the company's U.S. solar portfolio sale. VivoPower International also said that its Australian power services businesses, Kenshaw Electrical Pty Limited and J.A...

Jensyn Acquisition Corp (NASDAQ: JSYN) said Thursday that its shareholders approved a merger with Peck Electric Co., a commercial solar engineering, procurement and construction company. More than 87% of issued and outstanding shares which voted were in favor of the business combination,...

Huawei will find alternative suppliers for components it now buys in the United States after the Trump administration placed the manufacturer on a trade blacklist, reports Nikkei Asian Review. "We use American parts for some older-model products," said Tony Xu, head of Huawei's smart...

Tesla Inc (NASDAQ: TSLA) is exporting a "great majority" of the solar cells being produced at its New York factory, instead of using them in its Solar Roof system as intended, according to Reuters. Why It's Important Tesla has only sporadically purchased solar cells...

Full-service residential solar provider Vivint Solar Inc (NYSE: VSLR)'s shares are now investable, according to Citigroup. The Analyst Praful Mehta upgraded Vivint from Neutral to Buy and doubled the price target from $4.25 to $8.50. The Thesis Larger players like Vivint are...

Solar energy has had a topsy-turvy ride the past couple of years. Worldwide capacity has grown exponentially over since 1992. New installations in 2018 are also estimated to have added around 100 gigawatts to the global grid pushing total capacity to over 500 GW.  Despite this, the space saw...