All Posts Tagged With: "solar stocks"
Why the Solar Industry Faces a Dark Future
Solar energy was given a boost last week after $18 billion in tax credits for clean energy were tacked on to the bailout bill to ease its passage through Congress.
Since then, however, concerns of oversupply have whacked solar stocks. This prompted Goldman Sachs (NYSE:GS) to downgrade several solar companies to a “sell”.
J. Cristoph Amberger says the current financial crisis will hurt investment in solar power. He recommends investors sell their positions while they still can.
3 ETFs to Profit from This Under-the-Radar $18bn Energy Bill
The crisis on Wall Street has effectively stopped funding for alternative energy projects.
But an even bigger problem has been the coming expiration of energy tax credits for the manufacturing, production and use of alternative energy systems and devices at the end of 2008. This situation has now changed with the $18 billion Renewable Energy and Job Creation Act of 2008.
David Fessler at Investment U says three alternative-energy ETFs should see “big moves” in the remainder of 2008 and in 2009 on the back of the bill.
The Truth Behind OPEC’s Oil Price Manipulation
OPEC said today it would cut output by more than 500,000 barrels of oil a day by sticking closer to production quotas. OPEC is trying to stop the slide in oil prices. The cartel doesn’t want oil prices too high, either, says Dan Denning. That would force its clients to start looking in earnest for cheaper alternative and (whisper it) more environmentally friendly energy sources.
Latin America Offers Solid Opportunities in Renewable Energy
Taipan Publishing’s Sara Nunnally thinks we are seeing the first wave of renewable energy investments in Latin America. The region is one of the fastest growing in today’s global economy, and countries like Chile are turning to wind and solar power to boost local energy capacity. However, ongoing political and instability in the region makes any new venture risky, so Sara recommends sticking to established European firms for solid profit opportunities…
Higher Costs Mean Uncertain Future for Coal and Nuclear Power
Importing the majority of America’s energy needs is not an option for the next president, says energy and oil expert Byron King. Higher capital costs for nuclear and coal-based energy projects relative to wind, solar and geothermal development will favor these ‘green’ technologies. The possibility of caps on carbon emissions will also weigh heavily on the coal industry.
Alternative Energy Stocks Will Soar Under McCain or Obama
It’s too early to tell whether Democrats or Republicans will make history in November. But no matter who gets elected, the next president will be good news for alternative energy stocks, says Taipan Daily editor Justice Litle.
If Obama wins, greens will have a powerful upper hand.
If McCain wins, his administration will be on a war footing with Russia from day one. This will push up the price of oil and gas - and favor alternative energy sources. Justice says the “fear premium” under a President McCain would push crude oil back up to $150 a barrel.
What You Need to Know About the Coming Solar ‘Gold Rush’
Taipan Publishing’s Justice Litle says solar energy in the U.S. is about to take off.
Goldman Sachs (NYSE:GS) is buying up tens of thousands of acres of empty Nevada desert. And industry experts forecast a $45-billion market developing over the next decade, with Nevada at the heart of it.
As momentum builds, Justice says there will be big profits up for grabs for investors with their fingers on the pulse.
The Efficient Market Lie
Have you ever heard of the efficient market hypothesis? The basis of the hypothesis is that stocks trade based on all known information. In other words, there is never news that the market hasn’t already priced in. The implication is that the market is never inefficient.
Why Solar Investors Should Look to Australia
Dan Denning says Australia is the buckle on the global sun belt. This makes the country perfect for solar energy projects. Like the one recently announced by Worley Parsons (ASX:WOR): the Pilbara solar project…
Buy ReneSola (SOL) to Capitalize on Soaring Solar
Monday’s alt energy results can be summed up in four words: Solar shines. Fuels flop.
Quarterly earnings tripled for Chinese solar maker LDK Solar (NYSE:LDK) on soaring demand for solar power, while ethanol producer Pacific Ethanol (NASDAQ:PEIX) reported a wider-than-expected loss on surging corn prices.
J. Christoph Amberger in Today’s Financial News says these results create a great opportunity for investors. Yesterday, shares in LDK Solar rose 15 percent. And J. Christoph reckons solar maker ReneSola (NYSE:SOL) may now do the same…
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