Stock Markets Jump as Banks Lead Dow, S&P to New Highs
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
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.
SunPower recently launched its SunPower E20 series of solar panels, the industry's first commercially available panels which provide a total area efficiency of more than 20%. That gives SunPower a significant competitive advantage over its competitors.
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.
SunPower boasts of being able to manufacture the most efficient large-scale solar modules in the industry, and shipments of its residential and commercial components have been growing rapidly. Trefis predicts they'll keep growing, especially if federal policy shifts further in favor of solar.
Last week, President Obama outlined a new energy policy that aims to reduce America's dependence on foreign oil. How can patient investors capitalize on his vision?
Research firm Strategy Analytics projects that global installations of concentrated photovoltaic technologies, which use lenses, mirrors or other optics to concentrate sunlight and direct it in to solar cells, will nearly triple every year for the next four years.
With oil prices soaring on the region's turmoil, alternative energy such as wind is again gaining attention. But wind technology hasn't been standing still: Its power output worldwide jumped by 22% last year. However, it's still nowhere near ready to compete with oil.
The big solar panel installer has announced its second East Coast deal in a month: It's buying the residential solar business of Vermont-based groSolar, after picking up Maryland's Clean Currents. And SolarCity isn't the only West Coast solar player heading East for growth.
While more than three-quarters of Americans have a favorable impression of solar energy, very few have been willing to invest in the technology. Is this about to change?
A natural gas boom is coming in the U.S, but while consumers are likely to benefit from the cheap energy source, investors may not. Huge new discoveries of domestic reserves may keep prices down, and the political push toward renewable energy sources could cut into producers' profits.
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.
The Chinese maker of solar wafers, modules and cells reported third-quarter earnings that easily beat analyst estimates on strong demand and improved pricing environment. The company also raised its outlook much above expectations.
As rapid economic growth and a population boom take place in the developing world, oil will play an increasingly vital role, no matter what its drawbacks. That puts the likes of Schlumberger, Weatherford and Baker Hughes in a sweet spot.











