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Friday, November 21st, 2008

Posts Tagged ‘ Photovoltaic Solar Panels ’

This Solar ETF Is a Great Play on Clean Energy’s Rise

May 23rd, 2008 | By Contrarian Profits | Category: Featured, Financial News

Costs for solar thermal energy will be cheaper than coal as soon as 2020, according to a report from the US Department of Energy, making one solar ETF a great way to profit.

Google, Chevron and Goldman are all betting that this prediction is correct. This from Bloomberg:

Unlike photovoltaic solar panels that convert sunlight to electricity, solar thermal focuses sunrays with mirrors to heat oil in glass pipes to about 700 degrees Fahrenheit (370 degrees Celsius).

Tags: alternative energies, Alternative Energy, Cheap Energy, Chevron Corp, Clean Energy, coal, Conventional Energy, Energy Information Administration, energy subsidies, Esolar, Goldman Sachs, Greenhouse Gas Emissions, Photovoltaic Solar Panels, Solar, Solar Energy, Solar ETF, Solar Power, solar stocks, Solar Thermal Energy, US Energy, wind power
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