In 2013, the solar industry turned a corner it will never have to face again. Power generated from the sun is now competitive with the grid in locations around the world, and as costs come down and grid costs go up the demand for solar power will only increase.
SolarCity (NASDAQ: SCTY ) and SunPower (NASDAQ: SPWR ) saw these benefits in the U.S., where solar leases can now be offered to customers with $0 down and a lower cost than power from the grid. There's also emerging markets like Chile, where First Solar (NASDAQ: FSLR ) has a strong pipeline and SunPower is building the world's largest unsubsidized solar project to sell power straight into the grid.
Erin Miller sat down with solar analyst Travis Hoium to see how these companies have improved in the past year and if the positive trends are sustainable long-term.
3 top energy stocks
Solar power was a strong segment of the energy sector in 2013, but it's not the only segment to see fast improvement. To find out about three companies benefiting from investment in other energy sources in the special free report, "3 Stocks for the American Energy Bonanza." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free.