NEW YORK, NY--(Marketwire - Sep 12, 2012) - The solar power market is rapidly expanding in the U.S. The industry's growth has not come from domestic solar manufacturing but from the installation of foreign made-panels. Bloomberg New Energy Finance estimates that approximately 68 percent of all solar panels were produced from Chinese companies in 2011, compared to only 40 percent in 2009. Five Star Equities examines the outlook for companies in the Solar Industry and provides equity research on First Solar, Inc. (
Solar power installations in the U.S. in 2012 are on pace to surpass the combined installation totals from 2000 - 2010 (2,500 megawatts), which is more power than two nuclear power plants. A recent report from the Solar Energy Industries Association showed that the U.S. installed 742 megawatts, which has the capacity to power roughly 150,000 homes, during the second quarter. According to numbers from GTM Research the average price of solar panels (per watt) has decreased 97.2 percent from 1975 to 2012.
Five Star Equities releases regular market updates on the Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company recently reached an agreement with Green Infra Limited to provide their thin-film solar modules for a 25 megawatt solar project in India's Rajasthan state. Shares of the company have rallied over 60 percent over the last three months.
Trina Solar is one of the few PV manufacturers to have developed a vertically integrated business model that extends from the production of monocrystalline and multicrystalline silicon ingots, wafers and cells to the assembly of high quality modules. The company it has expanded into Latin America with a new Santiago, Chile, sales and business development.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
- solar panels
Five Star Equities