Solar Energy Has Finally Arrived

Source: Wikipedia.

Solar energy in 2013 removed its training wheels and started competing with traditional energy sources. In the fourth quarter alone, the average weighted price per watt of solar capacity installed dropped by 15%, averaging $2.59 compared to more than $6 in 2010. Last quarter, SolarCity (NASDAQ: SCTY  ) installed a total of 70 megawatts of residential solar capacity, cementing its leading position in the U.S. residential solar market. With 41% overall domestic growth last year and sharply declining costs, solar energy is no longer for the wealthy, it's here for the masses. 

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This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.


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  • Report this Comment On March 17, 2014, at 10:28 AM, stockbutterfly wrote:

    Check out JA Solars profits today as it just reported, The worlds largest solar cell producer is seemlessly making the transition to become one of Asia's dominant module producers. They have the lowest debt amongst Chinese producers, have top efficiency and quality and in January were number 1 in Japan for the first time. They reported 357 million in profits a leap of 23% Q/Q. They are my pick as the solar sunrise stock of 2014. I sold my SPWR and FSLR earlier this year and bought JASO. The best quote of the earnings call was "we are in the red hot". They offer a great investment exposure to the rapidly growing Asian market. I will get back into SPWR once they get their new Philippines plant operational.

  • Report this Comment On March 17, 2014, at 11:03 AM, EnergySage wrote:

    Solar energy HAS arrived! It's never been easier to make the switch. It's a great financial investment and the returns start right away. The first step for property owners is to get a free instant estimate at EnergySage. From there you can set up a property profile and request and compare quotes from qualified installers. Get started - http://bit.ly/1gKEjv0

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