Renewable Energy Investments Down, Where to Invest?
This segment is from Tuesday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy .
New investments into renewable energy projects globally are down significantly this year, as European uncertainty, and a late extension of renewable subsidies in the United States, curbed production starts. While cheap natural gas is also a hurdle for renewable energy starts, investors still have a few solid, growing options. SolarCity continues to grow its solar panel leasing business, with 475 MW to 525 MW of installed capacity expected next year, from a base of 270 MW expected in 2013. Leasing competitor and high-quality solar manufacturer SunPower continues to outperform its peers in 2013.
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The article Renewable Energy Investments Down, Where to Invest? originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. 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.