The Bet On Solar

Why Solar Energy Has Explosive Potential for Investors

Afrasiab Mian, June 27, 2016 (Zacks via Yahoo Finance)

“…[G]lobal energy generated from [solar photovoltaic power (PV)] is expected to grow from 2% in 2016 to 13% in 2030…[with expected cost reductions of] 60% over the course of the next decade…[PV now] costs roughly 5 to 10 cents per kilowatt-hour (kWh)…[and the price of electricity varies from Louisiana’s 9.2 cents per kWh to Hawaii’s] 27 cents per kWh…[With the threat of climate change is increasing and PV technology advancing, signs are emerging of] PV’s rise to prominence…Though Tesla’s stock value dropped 11% after the announcement of its proposed merger with SolarCity, the deal has] a lot of potential and could pay off significantly…[Investors should consider Hanwha Q Cells…[and] Renesola…which both currently sit at a Zacks Rank #1 (Strong Buy)…[and] have received upward earnings estimate revisions for Q1…” click here for more

Flash Player 9 or higher is required to view the chart
Click here to download Flash Player now

View the full TSLA chart at Wikinvest

Tweet