Along the Road to a Greener America, an Awful Lot of Roadkill
The global financial crisis helped slam the brakes on clean-tech dreams from electric cars to solar panels, but the roots of green energy's mid-life crisis run far deeper.
The global financial crisis helped slam the brakes on clean-tech dreams from electric cars to solar panels, but the roots of green energy's mid-life crisis run far deeper.
Each time JPMorgan's U.S. equity strategy team publishes their outlook for the stock market, they also offer their list of stocks to avoid. Last year, their list had four stocks; this year it consists of just one: First Solar.
Solar power is no longer something only wealthy, eco-conscious homeowners can afford. It's now within reach for most electricity users in the U.S., and it may make financial sense for you to switch.
The S&P 500 gained 4.4% in January, the biggest increase for that month in 15 years. But the 10 best performers in the index had share gains for the month from 27% to a whopping 77%. Which are these rising stars -- and which might have more room to rise? Read on:
What's going to fix the economy? An entrepreneurial spirit, a free market, and the infrastructure to bring them together to bear fruit will help the U.S. pull through. But what we really need are three things that on the surface seem less concrete than new tax laws and regulatory changes: certainty, innovation, and, most importantly, time.
Chinese medicine postulates the existence of qi, a circulating life force whose properties must be balanced for optimal health. Take a page from eastern philosophy and consider investing in these pairings of complementary stocks to strengthen your portfolio.
LDK Solar has long depended on demand driven by government subsidies from countries such as Germany, Spain and Italy, which makes it vulnerable in this period of European austerity. Trefis has revised its estimates for LDK Solar down -- but still meaningfully above the market price.
Yes, we've seen this movie before: As costly oil makes solar look good, investors pile in -- only to be let down when overcapacity sets in and oil prices tumble again. But this time, solar's rebound may be on somewhat firmer ground. Investors, though, still need to be cautious.
First Solar, one of the world's biggest solar manufacturers, is looking toward 2011 with plenty of good cheer. According to its latest forecast, released Tuesday, the company expects sales to heat up some 46% in spite of lower subsidies in Germany, the world's largest solar market.
Just as many were expecting demand for solar products to wane in 2011, LDK Solar, the Chinese maker of solar wafers, raised its shipment and revenue outlook for the third quarter.
Despite a growing market for solar energy, Energy Conversion Devices, which makes flexible films that converts sunlight into electricity, says it will cut 140 jobs from its Michigan operation and move some of the manufacturing to Mexico this fall to cut costs.
This year is turning out to be a good one for solar energy equipment makers and project developers. Solar panel makers saw a 92% jump in shipments in the second quarter from a year ago, and market research firms have issued bullish outlooks for the industry.
President Obama's $2 billion booster shot for solar is surely good news for the green energy sector. But it may not be enough to counter the drag of a global economic stall that many see coming. Because when other energy prices fall, solar investment tends to dry up.
China has long been the world's factory for a host of consumer electronics and appliances. Now, it's the biggest manufacturing hub for solar panels as well. A new report shows five of the top 10 producers are Chinese.
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