NewEnergyNews More: Four Mileposts For Solar

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  • Monday, April 9, 2018

    Four Mileposts For Solar

    4 Bold Predictions for Solar Energy; There are big changes coming to solar energy in 2018.

    Travis Hoium, April 9, 2018 (The Motley Fool)

    “The solar industry…[is] a long-term, multitrillion-dollar opportunity…Here are a few trends…[First Solar will benefit from the U.S. tariff on imported modules and cells because it is] the only company that had a large [domestic] manufacturing presence…[JinkoSolar (NYSE:JKS) plans to build] a $50 million module assembly plant in Florida…[SunPower (NASDAQ:SPWR)] is eyeing two manufacturing sites in the U.S...Energy storage is going mainstream…[As it] becomes easier to justify financially, the market will grow exponentially…Tesla is going to shrink into solar oblivion…[Its] buyout of SolarCity is looking worse by the day, highlighted by just 87 MW of solar installations in Q4 2017, down 57% from a year earlier…The Middle East is going to taking solar energy seriously…Saudi Arabia recently signed a memorandum of understanding with Softbank to build 200,000 MW of solar…[First Solar, SunPower, Vivint Solar, and Sunrun are] well ahead of small, regional installers in developing energy storage and they should be able to exploit that advantage…” click here for more

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