This has been a crazy year for the solar industry. We have watched solar energy stocks go up and down as technology has changed and as demand has shifted. Another factor to the changing landscape of solar energy has been economic distortions in different areas. Despite these changes, though, solar energy continues to be a viable industry, and there are a couple of companies that are worth keeping an eye on in the coming years.
Solar Companies to Keep an Eye On
LDK Solar has had some disappointing dips over the past year with an annual low of .95. But they have also performed well in the past, and if their price has dropped a little then that could be a good time to buy up some stock.
JA Solar has been another company that dropped sharply, but they have also been holding at .18 a share. This could mean that they are going to come back soon. Again, when it comes to solar energy development we have to remember that there will be times of relative calm as new technologies are being developed. Therefore, JA Solar could bounce back very strong if they continue to hold.
Is the Future Bright or Grim for the Solar Industry?
A lot of this depends on whether or not developing countries are able to continue putting money into the industry. When these nations were pouring money into the solar business, stocks were naturally running high. But as the global economy has shuddered and spending has dropped, so has the success of solar companies. All is not lost, though. With Australia launching a massive solar project, and China and America competing to be the big dogs on the block for solar power, the industry is definitely not dying. It is changing, to be sure, but I would not worry about it going anywhere.
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