This sector is for real, unlike last decade where it was more hype than not ... they are making products that people/organizations want ... and they are doing with profit
BTUI is inexpensive on a price basis ... they should be gaining now in all three biz segmens 1)lelec/semi - very strong 2) solar - will pay off for them 3) nuclear - still around to make them $
A Business Insider article compared the overnight capital and fixed operating costs for solar power facilities with similar costs for nuclear, coal and natural gas. The match was not even close. Solar power generating facilities appear to have a significant cost advantage.
Second, the cost to buy and own solar power generating facilities is competitive with other sources. David Eves, CEO of Public Service Co. of Colorado, a unit of Xcel Energy (XEL), told the Denver Business Journal that this is the first time his utility has seen solar projects as being cost-competitive with natural gas-generated power. And this is "...without considering carbon costs or the need to comply with a renewable energy standard -- strictly on an economic basis," he added.
It's not dumb money behind this expansion. For the last two years, careful, thoughtful and tightly managed utilities, like NextEra Energy (NEE), Duke Energy (DUK), Dominion (D), Exelon (EXC) and Consolidated Edison (ED), have been investing hundreds of millions of shareholders' dollars in new solar power generating facilities. Apple (AAPL), Google (GOOG) and Microsoft (MSFT) have spent hundreds of millions of dollars to build huge solar farms to power new data centers. Even Warren Buffet's Berkshire Hathaway (BRK.A) committed more than $2 billion for new solar power facilities.
The solar power industry is expanding rapidly -- and for reasons of economics rather than subsidies. This trend can be illustrated by three observations.
First, the installation rate reported for new solar panels -- among businesses as well as consumers -- is at record levels, and it is accelerating. Two-thirds of all solar photovoltaic capacity in place worldwide has been installed two and a half years, according to the Web site greentechsolar. And the industry is on track to double capacity in the next two and a half years. Media pundits have been invoking Moore's Law in discussing the growth of solar installations -- a not entirely accurate analogy, according to greentechsolar, but positive nonetheless.
Currently the smallest part of the global solar energy storage business, the commercial segment, is projected to expand by a factor of 700 in the coming years and become the largest market segment in 2017, according to IMS Research.
The goal of commercial is to reduce their needs to use peak electric, which will save big $