A recent solar industry report highlights the incredible growth of the U.S. solar market. First Solar's (NASDAQ: FSLR) low-cost utility systems highlighted a major component of that growth, but residential installations continued to grow as well. The Motley Fool's Alison Southwick sat down with Motley Fool contributor Travis Hoium to talk about the highlights of this report, and discuss where investors should look now. 

Fool contributor Travis Hoium manages an account that owns shares of SunPower. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, and Long Jan 2015 $15 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.