We've talked a fair amount in the past about the importance of low-cost solar cell/module manufacturing. First Solar
Given their aesthetic appeal and relatively simple, low-cost installation, it's not too surprising to see a company like Suntech Power
What is somewhat surprising is the full-on explosion in Akeena shares yesterday. A handful of megawatts is pretty small potatoes, so one needs to view this small step as just a sign of more -- much more -- to come. That's certainly a possibility, but the stock now looks to be priced like it's all sunshine ahead.
I've seen one argument that Akeena occupies a highly enviable position in the solar value chain, the idea being that the company's direct contact with end users will give it unique insight into customer needs. The way I see it, people want their electricity as cheap as possible -- what further insight do you really need? The race to grid parity is above all else about technology, not marketing. With no discernable competitive moat when it comes to intellectual property, Akeena does not look like an attractive investment to this Fool.
- This semiconductor company may get a solar encore.
- There are signs of decay over at this solar play.