U.S. SOLAR SOARING

A day in the sun: Solar's revival sends stocks on a tear

Javier E, David, 13 January 2014 (CNBC)

“…[E]vidence abounds that alternative energy in general—and solar in particular—is staging a comeback…Observers credit an increase in solar capacity, falling photovoltaic (PV) costs and the extension of tax credits for renewable energy for the sector's revival. Rather than mounting a competitive threat to oil and gas, solar energy is instead carving a niche in creating electricity…According to the Energy Information Administration, renewable power for electric generation surged 23 percent over the last year, becoming the second biggest source for new generator capacity. At the same time, natural gas—rapidly becoming the dominant source for generating electricity—appeared to plateau…The solar boom has created a wave of investor enthusiasm…” click here for more

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