Solar Becoming a Powerful Player in Energy

By Travis Hoium – Apr 18, 2013 at 12:10PM

NASDAQ: FSLR

First Solar

Market Cap

$21B

Today's Change

(1.18%) $2.26

Current Price

$193.81

Price as of May 6, 2024, 4:00 p.m. ET

Solar power is the biggest addition to the grid recently.

Solar power accounted for 100% of the power added to the grid in March and has accounted for as much as 50% of the additions in the first quarter. Giant projects from solar heavies First Solar (FSLR 1.18%) and SunPower (SPWR 0.85%) are driving the utility industry, and SolarCity (SCTY.DL) is building residential solar at a fevered pace. Erin Miller sat down with Motley Fool contributor Travis Hoium to see what this trend means for our energy future.

Erin Miller has no position in any stocks mentioned. Motley Fool contributor Travis Hoium manages an account that owns shares of SunPower, 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. 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.