Renewable Energy Is Now Unstoppable
Utilities that need to build new power generation facilities or replace old ones are going to have a hard time justifying anything but renewable energy in 2017 and beyond. Investment bank Lazard recently released its 11th analysis of the cost of new electricity generation, titled Lazard's Levelized Cost Of Energy Analysis--Version 11.0, and showed that wind and solar energy are now cheaper than diesel, nuclear, coal, and in most cases natural gas.
Utilities and regulators are going to be hard-pressed to justify anything but renewable energy generation in the future. From Maine to Hawaii, the U.S.'s energy future is renewable.
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Source: Fool.com
First Solar Inc. Stock
€227.75
16.540%
The stock is one of the favorites of our community with 39 Buy predictions and 1 Sell predictions.
However, we have a potential of -2.52% for First Solar Inc. as the target price of 222 € is below the current price of 227.75 €.
