ABB (NYSE: ABB ) is spending $1 billion to buy Power-One (UNKNOWN: PWER.DL.DL ) , a major player in solar inverters. This is the latest move by a large energy company to buy into solar following Total (NYSE: TOT ) and General Electric (NYSE: GE ) . Will we see more solar buyouts? Erin Miller sat down with Fool contributor Travis Hoium to find out.
The stakes have never been higher for another profitable company in solar -- First Solar -- trying to survive against competition from all sides. Is it done for good or is it ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, The Motley Fool has created a brand-new report that details every must-know side of this stock. To get started, simply click here now.