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Solar Isn't That Alternative Anymore

By Tyler Crowe - Apr 19, 2013 at 7:58AM

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The adoption of solar power is happening faster than you might think.

For many years solar energy has been the little brother of the energy space. While many are quick to talk about its accomplishments, when push came to shove we turned to fossil fuels to do the heavy lifting for the industry. For one of the first times, though, it looks like alternative energy is starting to hold its own.

In the month of March, the Federal Energy Regulatory Commission announced that all electricity generation that was added to the system during the month came from solar energy. While this month may have been an aberration, the first quarter of 2013 saw 83% of all generation capacity that was added come from either solar or wind power. In this video, Fool.com contributor Tyler Crowe shows how some recent advancements in technology and manufacturing from industry leaders like First Solar (FSLR -1.05%) have made this possible.

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Stocks Mentioned

First Solar, Inc. Stock Quote
First Solar, Inc.
FSLR
$65.77 (-1.05%) $0.70
General Electric Company Stock Quote
General Electric Company
GE
$75.25 (-0.65%) $0.49
NRG Energy, Inc. Stock Quote
NRG Energy, Inc.
NRG
$45.72 (-1.06%) $0.49
El Paso Electric Company Stock Quote
El Paso Electric Company
EE
SolarCity Corporation Stock Quote
SolarCity Corporation
SCTY.DL

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