Shares of First Solar, the largest U.S. solar-panel maker, are soaring this week. The stock jumped nearly 32% in the past five trading sessions, hitting levels not seen since September 2011. What’s behind the move?
Why the run in solar stocks is just beginning | Talking Numbers - Yahoo Finance
First Solar (NASDAQ: FSLR) was the biggest newsmaker this week when it met with investors to give guidance and a technology roadmap for the future. I took a detailed look at the presentations here, but there are a few takeaways for the whole industry. First, First Solar doesn't see the large projects it's relied on recently to continue. Instead, utility scale projects less than 100 MW and commercial installations on large rooftops will be more prevalent because they're easier to fit close to demand. The changing trend is one reason First Solar is trying to improve the efficiency of its panels to compete in distributed energy.
This Week's Solar Industry Recap
Things have really changed quite a bit in a short time here..