SolarCity's solar installations crash nearly 40%

Nichola Groom, Reuters: Tesla's SolarCity reported a drop of nearly 40 percent in solar installations for the first quarter on Wednesday, the latest sign of a reversal in fortunes for the once high-flying residential solar industry.

Riding the 'Solarcoaster' as Shares Plunge Even More Than Coal

Joe Ryan & Brian Eckhouse for Bloomberg:  For all the upbeat forecasts about the growth of solar power, this is a punishing year for the industry. And it won’t improve anytime soon. SunEdison Inc., the world’s biggest clean-energy company, is bankrupt. Yingli Green Energy Holding Co., once the top panel maker, warned it may be inching toward default. And SolarCity Corp., the largest U.S. rooftop installer, plunged as much as 27 percent Tuesday after scaling back its installation forecast for the third time in seven months.  They’re not alone. A Bloomberg index of 20 major solar companies has slumped more than 30 percent this year. Soaring installations and growing global demand for clean energy is being trumped by investor concerns that the debt-fueled strategies employed by SunEdison, Yingli and SolarCity are endemic to the industry and dangerous for shareholders. “They call it the solarcoaster for a reason,” said Nancy Pfund, managing partner of DBL Partners and a SolarCity director. With so much happening, both positive and negative, “it’s been hard for investors to follow.” At a time when falling prices, renewed U.S. tax breaks and the Paris climate deal are fueling solar sales worldwide, solar shares are performing even worse than coal stocks.   Cont'd...

Emerging markets surge ahead of European renewables powerhouses for energy investment attractiveness

- Investors increasingly focused on markets like Chile, Mexico, Morocco and Egypt - Scaled-back renewable energy ambitions dampen Europe's investment potential - Greater global capital flows blurs the investment line between developed and developing markets

Stock Index - Solar Energy

Solar Energy Index Underperforms S&P in Q1 2016

South Africa stands out in subdued Q1 for clean energy investment

First quarter of 2015 saw the lowest investment for two years, as financiers of large projects and specialist quoted firms paused for breath after busy 2014

Records 1 to 5 of 5

Featured Product

The Solar Fastener Expert by Mudge Fasteners. Your Source for Solar Industry-Related Hardware

The Solar Fastener Expert by Mudge Fasteners. Your Source for Solar Industry-Related Hardware

3M™ Extreme Sealing Tape is a family of single coated, pressure sensitive adhesive tapes designed for difficult sealing applications. The backing on this tape is an ionomer film that is very tough yet flexible and abrasion resistant. The very soft and thick acrylic adhesive has excellent sealing properties and good outdoor durability. This single coated tape is designed to seal over an existing joint, seam, or penetration. The adhesive is designed to adhere well to the ionomer film so that overlapping tape joints can be made while maintaining a strong seal. 3M™ Extreme Sealing Tape - instant sealing that rolls on fast and looks good.