Renewable energy from wind and solar is now competitive with the grid, opening up a trillion-dollar market for investors. Leases from SolarCity (NASDAQ:SCTY) or SunPower (NASDAQ:SPWR) with $0 down make solar power affordable and economical for homeowners. When added to Tesla Motors' (NASDAQ:TSLA) energy storage made at its gigafactory, the possibilities for disrupting the grid improve tremendously.
Motley Fool solar analyst Travis Hoium covers why this space is so exciting for investors and how they can play this billion-dollar opportunity.
Boost your 2014 returns with The Motley Fool's top stock
Renewable energy is a huge opportunity for investors and we've found another stock you should take a long hard look at. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
Travis Hoium manages an account that owns shares of NRG YIELD INC and SunPower. He personally owns shares of SunPower and has the following options: long January 2015 $5 calls on SunPower, long January 2015 $7 calls on SunPower, long January 2015 $15 calls on SunPower, long January 2015 $25 calls on SunPower, and long January 2015 $40 calls on SunPower. The Motley Fool recommends SolarCity and Tesla Motors. The Motley Fool owns shares of SolarCity and Tesla Motors. Try any of our Foolish newsletter services free for 30 days.