By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Solar stocks received a major catalyst last month when Congress passed a bill extending solar credits for another five years.
The U.S. is already one of the world's biggest clean-energy investors, but the extension is a major boost to the industry and solar stocks.
And that's not the only catalyst lifting solar stocks in 2016...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
A number of solar mutual funds have already seen handsome gains in 2015.
And they are poised for more returns in 2016 as solar energy demand grows both in and outside the United States.
Here's why 2016 will be another historic year for the global solar energy market...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
Alternative energy, led by solar, is here to stay. We've reached a tipping point all over the world.
There's now a confluence of technology and economy that assures these new energy sources will continue to be adopted and improved upon – at ever-increasing rates, too.
Crude oil will continue to play a big role in the balance of the energy markets, but this year we'll see alternatives take an outsize position in the sector.
The profits will be just as big, too...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Solar stocks were in focus today as Ascent Solar Technologies (Nasdaq: ASTI) surged 50% to $0.28 on news it was awarded a Schedule 56 contract by the U.S. federal government's General Services Administration.
This news was the latest in a string of positive developments for the tiny solar company.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
Of all the energy sectors, oil and natural gas companies have taken the worst beating this year.
These firms are expected to spend nearly $2 trillion on drilling projects over the next five years.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
Worldwide growth in the offshore wind industry has been astonishing. The National Renewable Energy Laboratory estimates that the 11.8 gigawatts of offshore wind power the world is expected to have by the end of 2015 will grow to more than 47 gigawatts by 2020.
But so far the global boom in offshore wind power has bypassed the United States.
But the truth is that the U.S. has an incredible 4.223 terawatts of offshore wind power potential, including 50 gigawatts from Lake Erie itself. That's four times as much power-generation capacity as the U.S. currently has installed.
Yet only one commercial-scale offshore wind project has so far been successful enough to begin construction.
But now things are starting to look up for offshore wind in the United States...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The Airgas stock price rose 1.2% to a 52-week high of $139.22 today after the company agreed to be bought by France's Air Liquide in a $13.4 billion deal.
Airgas stock has now climbed more than 45% since Friday's opening price of $94.58.
Here's what you need to know about Airgas stock now...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
The PNY stock price surged 38.7% today after the company was acquired by Duke Energy.
According to Money Morning Global Energy Strategist Dr. Kent Moors, M&A will continue to wash over the energy market.
In fact, this merger is just the latest in a string of huge deals Moors saw coming...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
General Electric Co. (NYSE: GE) stock rose nearly 3% to a 52-week high of $28.99 Friday morning after posting better than expected earnings.
The rise has General Electric (NYSE: GE) stock trading at its best level in seven years.
Here's how to invest in General Electric stock now...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
Over the past two weeks, word has emerged that moves toward energy efficiency are now the new darlings of European investment houses.
So what's holding the banks back from piling in en masse? The problem hardly seems to be raising the funds. Rather, the stumbling block is on the other end of the pipeline.
