Claymore/MAC Global Solar Index (NYSE:TAN)
TAN's performance has been the result of both stock markets and Crude Oil prices going down heavily in the last weeks.
We are near last week's lows and maybe, just maybe, we are in a good position to start buying solar stocks for the long term.
For any Buy and Hold Investor, this could be the time to start buying, now and for the next months. Keep an eye for the most solid stocks like STP, FSLR and SPWR.
TAN Chart:
Labels: ETF, FSLR, Solar power, SPWR, STP, TAN
Google-Backed Solar Startup Picks Up Steam, $130 Million
In Wired.com :
Rising oil prices lift all alt-energy boats.
For proof, look no further than the fat $130 million investment scooped up by eSolar, a company whose basic solar power strategy -- using sunlight-reflecting mirrors to generate steam -- was all but abandoned in the 1980s, and has recently recently caught investors' attention again.
The money, from Google's philanthropic arm, Google.org, and venture capital firms Idealab and Oak Investment Partners, will go towards the construction of eSolar's first functioning solar power plant.
Read it hereLabels: Google, solar, Solar Energy, solar fund
Solar Gigabucks
Two new articles at Wired.com check them out:
Solar Goes From Gardens to GigabucksFREMONT, California -- Solar cells have been converting sunlight into electricity for years, but scientists have been much less successful at turning that technology into money.
Now, in a staid Bay Area office park, a converted hard-drive factory with a shiny new façade has begun churning out unconventional solar tubes that could change the economics of solar power.
Read the rest
hereLabels: CIGS, solar, Solar Energy Products, Solar power, wired
