Monday, November 24, 2008

Public Utility Spending Should Carry Solar

I like how public utilities may be what carries solar companies like Sunpower through the next few quarters.

"In our view, SunPower's track record for successfully developing and executing some of the world's largest photovoltaic projects gives it a major edge when competing for utility contracts," he said, adding that he reaffirms SunPower's rating of "Strong Buy."

Now we need Obama to offer some higher tax incentives that get utilities to switch over from oil power plants to natural gas and solar. I am envisioning a time when the worlds deserts blossom with millions of solar panels that go right into the power grid. I mean the sun is simply baking the sand there now and should be harnessed to power our electric cars.

No comments: