Made an investment in Solar City (SCTY) on 15 May 2015 at a price of $63.12. Many people have long talked about the future of solar power and other forms of clean energy for years now. Some may have even made investments in them years ago. My interest was only perked in SCTY when it came to my attention the crazy fast pace they are growing. If you had invested in solar companies years ago, you may have been well ahead of time. I believe now is a great time to re-look at clean energy.
But first, let’s look at the macros:
A Macro view on Solar Power
A rising tide lifts all boats.
The cost of producing solar panels is dropping.
Solar modules prices have dropped from $10 per watt in the 90s to $1.05 a watt today. Cost of solar power in ......