Is solar past its prime?
Solar firms are no longer seen as an enticing investment.
with StockTwits.com, "voting green with your pocketbook can bankrupt you.” This comment came about after First Solar announced subpar earnings and the departure of its CEO. If Lindzon’s statement is correct, the future of the solar energy industry may be more unstable than it is even now. This actually causes me to worry about the entire renewable energy industry – will the backlash against solar spread into wind and other eco-friendly energy sectors?| Previous Post Coca-Cola cans go white for the polar bears | Next Post How strong is your company's social media department? |
Comments
Enough sunlight hits the earth in ONE hour to power all of humanity's energy needs for an entire year. Meanwhile, fossil fuels are being depleted and our planet and people are being raped in the process while a relatively few select people make billions of dollars off of maintaining our dependence on brown energy. Once people begin to realize that 70% of government energy subsidies go towards the oil industry, while only 5% goes to all renewables (not just solar, but wind, geothermal, etc).... More
Solar may be past it's prime to the big investor community, but the industry has many more years of growth ahead as efficiency goes up and installation costs remain fairly level. On a personal level it is a valid inflation hedge that gives continuing benefits.
