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  • sola.ris43 sola.ris43 Oct 8, 2013 12:53 PM Flag

    Inside the Incredible Surge in Solar ETFs

    GTM Research calculates that about two-thirds of all distributed solar systems in the U.S. were installed in the past two and half years, and cumulative installations of distributed photovoltaic systems will double by 2016. With installations going up every 83 seconds, capacity is projected to hit 9 gigawatts by 2016 ( Solar ETF Investing 101 ). Additionally, the industry growth is also being supported by lower cost and increased competitiveness. Moreover, China also seeks to double its upper limit for solar power to 40 gigawatts by 2015 which is again a good development which should boost the solar energy ETFs as China shares a healthy asset base in both the funds. KWT has assigned 23.9% to China while TAN has assigned 27.3% In a boost for its own solar industry, China's Ministry of Finance mentioned provision of tax breaks to solar products manufacturers in order to assist those companies that are still short of good demand ( 5 Clean Energy ETFs Leading the Sector's Surge ). Read more: http://www.nasdaq.com/article/inside-the-incredible-surge-in-solar-etfs-etf-news-and-commentary-cm284055#ixzz2h9Ndnmcs

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