Solar Industry Faces Brighter Prospects in Second Half of 2011
With new concerns about nuclear power, rising alternative energy mandates, and continued government subsidies, the solar industry appears well-positioned for the second half of 2011 after a rough start at the beginning of the year. But what are the core drivers of this growth, where are the opportunities, and what’s the best way to play them?
Japan’s Nuclear Crisis Boost Demand
Japan’s nuclear crisis has caused concern among many developed nations with nuclear reactors and led many of them to close older plants. Germany is among the most likely to phase out nuclear energy, and has already closed roughly half of its nuclear plants temporarily after the events in Japan. Meanwhile, France and other EU nations are also facing protests against nuclear energy that could expedite cuts.Ultimately, alternative energies like solar and wind are likely to replace nuclear power, given the strong commitments that these governments have to cleanComplete Story »