The following is an excerpt from TRAVIS HOIUM | April 9, 2018 | ibtimes.com |
The solar industry can be a fast-moving place for companies and investors. But it's a long-term, multitrillion-dollar opportunity, and any company that can build a lasting business could be a huge winner for investors.
As the industry evolves, companies who take the right strategy will be set up to succeed while those who take the wrong one may be doomed to failure. Here are a few trends I'm expecting to impact the fortunes of solar investors in the next few years.
In the U.S., the last year in the solar industry has been dominated by rumors and then implementation of solar tariffs, which benefited very few companies. One winner was First Solar (NASDAQ:FSLR), the only company that had a large manufacturing presence here. The company took advantage of its tariff-free production by booking billions in future sales (7.7 GW booked in 2017) and locking up most of its production through 2019. But the days of being the only big tariff-free supplier may be coming to a close.
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