The solar sector appears to be lightly benefiting from California legislation efforts that would secure above market rates as a feed-in tariff for small solar power generators. California already has mandates calling for larger utilities to generate more power from alternative energy sources (as much as one-third by 2020). The state already offers relatively high utility rates and solar subsidies and this will take what already one of the top solar markets to somewhat of a German model.
There is a larger effort at the California Public Utilities Commission, or CPUC, that may benefit larger players like Suntech Power Holdings Co. Ltd. (NYSE: STP), First Solar, Inc. (NASDAQ: FSLR), and SunPower Corp. (NASDAQ: SPWRA). The discrepancy comes in over which companies will or will not benefit from the move if a smaller benefit comes into play or if it is the larger benefit.
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