Clean Renewable Energy
Solar Panel Stocks Power Up On Trump Solar Border Wall Proposal
Panel Makers Surge After Trump Proposes Solar on Border Wall By Bloomberg
SunPower, Canadian Solar and JinkoSolar rise sharply.
President says generating power could make wall pay for itself.
Shares of solar manufacturers rose sharply Thursday after President Donald Trump told supporters that mounting photovoltaic panels atop his proposed Mexican border wall would allow the project to pay for itself.
SunPower Corp. jumped 13 percent to $8.69 at the close in New York, Canadian Solar climbed 7.7 percent and JinkoSolar Holding Co. rose 4.4 percent.
During a campaign-style rally on Wednesday evening in Cedar Rapids, Iowa, Trump publicly described for the first time the idea that a wall along the 1,990-mile (3,200 kilometer) Mexican border could double as a solar power plant.
“We’re thinking of something that’s unique, we’re talking about the southern border. Lots of sun, lots of heat,” Trump said. “We’re thinking about building the wall as a solar wall, so it creates energy, and pays for itself. And this way Mexico will have to pay much less money, and that’s good. Is that good?”
Analysts have expressed skepticism about the plan, saying it could take more than a century for solar panels to generate enough power to cover the cost of the wall. But Jeff Osborne, an analyst for Cowen & Co. in New York, said the mere fact that Trump mentioned solar in positive terms is probably giving panel makers a boost.
“Just the the fact that he used the word solar in a sentence and that perhaps he is not entirely anti-renewables helps,” Osborne said in an interview.
When it comes to the border wall, the companies best positioned to win bids from Washington are SunPower and First Solar Inc., which are both based in the U.S., Deutsche Bank AG analyst Vishal Shah said in a research note. First Solar closed up 3.2 percent, at $38.42, after earlier rising as much as 6.7 percent.
Coker & Palmer Inc. analyst Brad Meikle said the rally had more to do with module prices than Trump. After falling for years, panel prices have climbed to between 41 and 43 cents per watt, from 35 to 39 cents a month ago, Meikle said. That’s largely because a pending trade case could lead to tariffs on solar cells imported into the U.S., potentially squeezing supply and bucking previous concerns that the market was over saturated.
“Given that, shortages are much more prone to develop,” Meikle said in an email. “Spot prices have risen sharply.”
Clean Renewable Energy Investing Resources
Investing in clean renewable energy products to generate energy for your home, business, automobile, will save you very large amounts of money over time, and make you energy independent.
More importantly you will be helping to make your local enviornment and the earth a more sustainable place to live in the future. Your children will thank you.
From investing in and installing small to large clean renewable energy systems in your home or business, to getting a job in this very high growth industry, to the distribution of the products, to investing and trading company stocks engaged in the industry, the future of clean renewable energy is now.
Below are some links to information and services that will help you to be a successful clean renewable energy user, investor and trader.
China Low-Cost High-Quality Pure Sine Inverters from AliExpress
Excellent for budget or even high-end installations, temporary, and portable electricity. Connect to your building solar system or car battery for power. Recommended sizing is to double the size of these inverters for the actual electrical loads you will apply to them.
Electric Cars Tesla Toyota Nissan
Hybrid Electric Cars and Buying Guide
Stock Option Forex Futures Training Seminars Webinars Workshops
Click Here For The Complete 2017 Schedule
Professional investors traders teaching successful low-risk high-reward
trade strategies. Power profit secrets for stocks, options, forex, futures
investing trading success. Or avail of Home Study Courses and or
Trading Softwares available to improve your investment returns.