The biggest story in renewable energy this past year was the incredible performance of SolarCity (SCTY +0.00%). The solar leasing company is up 385% since its IPO, growth that would not be possible without the plummeting costs of solar power systems. In fact, the cost of solar panels have dropped over 60% in the past 2 years. Will SolarCity continue its march higher in 2014 and meet its projections of 80% annual growth in installations?
SolarCity emerged on the scene in 2013, and early shareholders were rewarded to an overnight three-bagger!
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Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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