Crude
oil prices have been
surging recently, and there is little
sign that the momentum will be
slowing down. Every time crude oil
reaches these types of elevated levels,
it seems that interest in
alternative forms of energy also rise.
Solar is one type of alternative energy
that gets particular attention, and
should be on investors' radar going
into 2014.
(Bloomberg) -- Apple Inc. is investing $848 million in a
solar farm to harvest electricity in a partnership with First Solar Inc.
Apple will receive power from 130 megawatts of First Solar’s
California Flats Solar Project in Monterey County,
California, under a 25-year power-purchase
agreement, the companies said in a statement on Tuesday. First Solar shares
rose 2.1 percent in extended trading, adding to a 4.8 percent gain to $48.54 at
the close in New York.
The iPhone maker already powers all of its data centers with
renewable energy. Tim Cook, Apple’s chief executive officer, has advocated
taking more steps to combat climate change. He unveiled the initiative during a
presentation at the Goldman Sachs Technology and Internet Conference in San
Francisco. The agreement is the largest in the solar
industry for a single commercial customer, he said.
Construction on the 2,900-acre (12-square kilometer)
California Flats Solar Project will begin in the middle of the this year and be
completed by the end of 2016, the companies said. Additional output of about
150 megawatts from the solar farm will be sold to Pacific Gas & Electric Co.
You can also check previous stocks to buy reports- Right Here
Below these are the Solar stocks I am follow on 2014.
Solar Stocks List
Solar Pure Plays:
•SunPower Corporation (Nasdaq: SPWR)
•First Solar Inc. (Nasdaq: FSLR)
•Evergreen Solar (Nasdaq: ESLR)
•SunTech Power Holdings (NYSE: STP)
•Trina Solar (NYSE: TSL)
•Solarfun Power Holdings (Nasdaq: SOLF)
•Canadian Solar Inc. (Nasdaq: CSIQ)
•JA Solar Holdings (Nasdaq: JASO)
•China Sunergy (Nasdaq: CSUN)
•LDK Solar (NYSE: LDK)
•ReneSola Ltd. (NYSE: SOL)
Smaller companies with Solar exposure:
•Hoku Scientific (Nasdaq: HOKU)
•Daystar Technologies (Nasdaq: DSTI)
•Spire Corporation (Nasdaq: SPIR)
Solar Energy ETFs:
•Market Vectors Solar Energy ETF (KWT)
•Claymore/MAC Global Solar Energy (TAN)
Bigger companies with Solar exposure:
•MEMC Electronics (NYSE: WFR)
•General Electric Co. (NYSE: GE)
•Boeing Co. (NYSE: BA)
•British Petroleum (NYSE: BP)
•Royal Dutch Shell (NYSE: RDS-B)
•Kyocera (NYSE: KYO)
•Applied Materials (Nasdaq: AMAT)
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