Where Is U.S. Solar Growing Most?
The solar industry is in the midst of a huge expansion phase, but it's not always a straight line up for all parts of the industry. Utility scale, commercial, and residential solar will ebb and flow as incentives and investment flows to these different areas.
What's surprising this year is that utility scale solar is performing best of those three. Commercial solar took a step back in the second quarter and residential was flat. That's good news for First Solar and SunPower , who generate most of their profits from these huge projects. But it also highlights how quickly SolarCity is taking share in residential solar. Solar analyst Travis Hoium covers the latest trends in the video below.
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The article Where Is U.S. Solar Growing Most? originally appeared on Fool.com.Fool contributor Travis Hoium manages an account that owns shares of SunPower and personally owns shares and has the following options on SunPower: long January 2015 $5 calls, long January 2015 $7 calls, long January 2015 $15 calls, long January 2015 $25 calls, and long January 2015 $40 calls. The Motley Fool owns shares of SolarCity. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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