What is the best company to invest in for solar energy?

June 15th, 2009

Solar Energy is the wave of the future and growing.. I'm also looking overseas perhaps Germany? Any advice would be helpful!

Its gotta be Suntech Power! (NYSE:STP) This is a Chinese company that is on track to produce 1GW of solar panels by 2010.

Key strengths:

Low cost of production using Chinese labor
Secured long term polysilicon supply
High tech R&D with collaboration with UNSW solar research
High levels of insider ownership (CEO owned about 30% of company)
Motley Fool Rule Breaker selection

Company expects polysilicon prices to come down after new production come online probably in 2009, especially in China.

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4 Responses to “What is the best company to invest in for solar energy?”

  1. Comment by Laura

    SunTech Power (STP)
    MEMC Electronics (WFR)
    First Solar (FSLR)
    HOKU
    Akeena Solar, Inc.
    ARISE Technologies Corporation [APV.V Canadian Venture Exchange]
    Canadian Solar (CSIQ) [NASDAQ]
    Carmanah Technologies Corporation [CMH.TO Toronto Stock Exchange]
    DayStar Technologies (DSTI) [NASDAQ]
    Deli Solar [USA], Inc. (DLSL)
    Energy Conversion Devices. (ENER) [NASDAQ]
    ErSol Solar Energy AG
    Evergreen Solar (ESLR) [NASDAQ]
    First Solar (FSLR) [NASDAQ]
    Hoku Scientific, Inc. (HOKU) [NASDAQ]
    ICP Solar Technologies Inc.
    MEMC Electronic Materials Inc. (WFR) [NYSE]
    SES Solar Inc. (SESI) [OTCBB]
    Solar Night Industries
    Solar Thin Films, Inc.
    Spire (SPIR) [NASDAQ]
    Sunpower Corporation (SPWR) [NASDAQ]
    Suntech Power Holdings Co. Ltd. (STP) [NYSE]
    Sustainable Energy Tech
    TrendSetter Solar Products, Inc.
    WorldWater & Power (WWAT)
    Xantrex Technology Inc. [XTX.TO Toronto Stock Exchange]
    XSunX (XSNX)

    There are so much more but those are a few of the biggest in the biz as of right now, since the bipartisan Congress.
    References :
    http://energy.seekingalpha.com/article/21778
    http://seekingalpha.com/by/symbol/hoku

  2. Comment by Barry R

    I own Energy Conversion Devices (ENER) – they are a big solar panel maker, and just got a big deal with a Chinese company –

    http://top10traders.com/ViewHolding.aspx?symbol=ENER
    References :

  3. Comment by minsheng l

    Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

    http://www.investingtutorial.info/

    wish it will help you.

    Good Luck , Best Wishes!
    References :

  4. Comment by xcalibus

    Its gotta be Suntech Power! (NYSE:STP) This is a Chinese company that is on track to produce 1GW of solar panels by 2010.

    Key strengths:

    Low cost of production using Chinese labor
    Secured long term polysilicon supply
    High tech R&D with collaboration with UNSW solar research
    High levels of insider ownership (CEO owned about 30% of company)
    Motley Fool Rule Breaker selection

    Company expects polysilicon prices to come down after new production come online probably in 2009, especially in China.
    References :