How could an industry that is built on saving millions of homeowners thousands of dollars each not be a smart, successful investment?* While this statement is certainly true, as of fall 2016 stock prices for solar financing and installation companies are currently trading in the single digits. What is going on?
* Note that we are not financial advisors and this post is for entertainment purposes only!
Over the last 10 years, the solar industry has seen a veritable explosion, with year-over-year growth around 60% (compared to the average utility’s 13.4% annually increase in revenue from 2010-2015). Large national solar companies that offer power purchase agreements (PPAs) and leases have been able to secure huge financing deals to cover these agreements, in which the solar companies recoup their initial investments in small monthly increments over the course of customers’ 20 year agreement.
In addition, the average price of solar panels has decreased a whopping 70% in that same time, further reducing total installation costs, leading to more and more homeowners making the decision to install solar.Continue reading
With $3 billion in foreign investments rolling in, southern Egypt is poised to become a solar powerhouse.
A total of 39 solar power plants are either planned or currently under construction in the Benban area north of Aswan, on the west bank of the Nile. Almost 9 thousand acres of that area will be dedicated to power production.
With the increased interest in battery storage, as a companion to a PV installation, the IRS, in October put out a request for comments on ways to improve the battery storage 30% ITC.
Anyone who works in the solar biz will attest to the fact that we humans are pretty good at procrastinating. But some of the reasons that people give to put off going solar are based on an incorrect assumption.
Silver has long been viewed as an investment in its own right as an inflation hedge.It is also widely used in the manufacture of semiconductors, batteries, various nanotechnology applications, jewelery, photography, and in making solar photovoltaic cells.
Maybe your business isn’t Apple, Walmart or Google, but solar isn’t just a big benefit for big businesses.
For a business that owns its own building going solar is clear sailing, with several provisos.
What nonsense. This is, as my Great Aunt Ro would put it, “simply arrant drivel.”
Let’s go through the process. Look around you. Everything you see is manufactured somewhere. All manufacturing takes energy.
The massive turbines that use the steam by boiling water by burning coal, and turn that into electricity take energy to make. Like all manufactured objects, solar panels are manufactured. Do they take more energy?
LJ Furman, MBA, who writes about economics and policy at Popular Logistics, has done a comparison of stock market gains and losses comparing the top fossil energy companies stock prices, with the stock prices of near-random group of sustainable companies over the last three years till December 2015.
Well, yes… and no. Ask yourself this:
If you won’t be the actual owner of your solar system – but merely benefit from the solar power itself through credits that reduce your utility bill – then there is really no reason for you to have to monitor its performance.
Goldman Sachs said that it is going to invest $150 billion in clean energy projects. This would represent a fourfold increase in the amount of money it plans to invest in financing clean energy infrastructure around the world.