Sorry, folks. Although Tesla and SolarCity have roared in 2013, Elon Musk has no plans to take SpaceX to the public markets. There are plenty of reasons it doesn't really make sense to go public, anyway. The company has a time horizon well beyond the quarterly measuring stick carried by most financial analysts. Launch delayed? There goes the quarter! Besides, can you imagine the panic behind the closed doors on Wall Street created by trying to model the financial ramifications of a multi-year visit to Mars or the construction of a space colony? How hopeless and hilarious that would be!
Of course, Musk is well aware of these market forces:
Investors hoping to buy stock in SpaceX will have to wait, but there are several other companies developing launch vehicles, orbitals, and crew capsules that you can own today.
Company
Top 10 Long Term Companies For 2015: DAQQ New Energy Corp.(DQ)
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon in China. The company sells its polysilicon to photovoltaic product manufacturers for use in the processing of ingots, wafers, cells and modules for solar power solutions. It also produces and sells mono-crystalline and multi-crystalline modules to photovoltaic system integrators and distributors in China and internationally under its Daqo brand. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is headquartered Wanzhou, the People?s Republic of China.
Advisors' Opinion:- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
Top 5 Solar Stocks To Watch For 2014: Yingli Green Energy Holding Company Limited(YGE)
Yingli Green Energy Holding Company Limited, together with its subsidiaries, engages in the design, development, manufacture, marketing, sale, and installation of photovoltaic (PV) products in the People?s Republic of China and internationally. The company offers PV cells, PV modules, and integrated PV systems, as well as polysilicon ingots, blocks, and wafers. It sells its PV modules to distributors, wholesalers, power plant developers and operators, and PV system integrators in Germany, the United States, Italy, China, Spain, the Netherlands, Greece, the Czech Republic, the United Kingdom, South Korea, and Japan under the Yingli and Yingli Solar brand names. The company also offers its integrated PV systems directly to end-users or to contractors for use in the electricity projects, as well as to mobile communications companies in the People's Republic of China. Yingli Green Energy Holding Company Limited was founded in 1998 and is headquartered in Baoding, the People? s Republic of China.
Advisors' Opinion:- [By Travis Hoium]
Source: Company earnings releases.��
Solar companies have reported losses for some time now, but LDK Solar has more debt than most companies, and won't be able to survive with such feeble numbers. At the end of 2012, debt stood at $2.8 billion, and we know now that the company ran out of cash just this week. There's no way LDK Solar can survive on just $135.9 million in quarterly revenue and that kind of debt level.� � A problem across solar High debt loads and feeble margins aren't a challenge faced by LDK Solar alone. Suntech Power gave in to these pressures last month, defaulting on its own debt. Yingli Green Energy (NYSE: YGE ) is now the most indebted Chinese solar company, with $2.5 billion in debt, and I wouldn't doubt if they're not far behind LDK and Suntech. The defaults of Suntech and LDK has to be concerning for all of Chinese solar, especially if banks don't keep the free flow of funds that have powered a rapid expansion in production.� � Balance sheets matter
What's becoming clearer and clearer every quarter is that balance sheets matter, not just for investors, but also for solar installers. Solar modules come with warranties, sometimes stretching as long as 25 years, and if a customer questions whether a company will be around in only a year or two, they may choose another option. Since Chinese modules vary very little from a performance perspective, the customer may choose a better-capitalized company like JinkoSolar instead of Yingli or LDK, or even move to a U.S. company like First Solar (NASDAQ: FSLR ) or SunPower (NASDAQ: SPWR ) . As financial conditions get worse at these companies more and more customers leave and the problems get worse, creating a downward spiral. LDK and Suntech are the poster children for this and are a major reason investors need to stick with quality in solar. � I've been down on LDK Solar since I began predicting its failure in 2011. Investors interested in g - [By Travis Hoium]
Chinese solar companies have been reporting massive losses, but one company has improved its financial performance and strategic position significantly over the past year. In the following video, solar analyst Travis Hoium covers why he thinks Canadian Solar (NASDAQ: CSIQ ) is a likely candidate to emerge from Chinese solar consolidation, even better than big names such as Yingli Green Energy (NYSE: YGE ) and Trina Solar (NYSE: TSL ) . If the company is able to return to profitability, the sky is the limit for Canadian Solar.�
- [By Eric Volkman]
Yingli Green Energy (NYSE: YGE ) is to be the supplier to a large-scale solar power plant in its home continent of Asia. The company announced it had reached a deal for its Singapore subsidiary to supply over 10 MW of its multicrystalline photovoltaic modules to a solar facility in Malaysia.
Top 5 Solar Stocks To Watch For 2014: First Solar Inc.(FSLR)
First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company?s solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. Its integrated solar power systems activities include the project development; engineering, procurement, and construction services; operating and maintenance services; and project finance. The company sells solar modules to project developers, system integrators, and operators of renewable energy projects; and solar power systems to investor owned utilities, independent power developers and producers, and commercial and industrial companies, as well as other system owners. It operates in the United States, Germany, France, Canada, and internationally. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 a nd is headquartered in Tempe, Arizona.
Advisors' Opinion:- [By Brandon Workman]
Potential home-court advantage aside, the numbers indicate the U.S. is and will continue to be the hub for solar innovation, which is why SunPower (NASDAQ: SPWR ) and First Solar (NASDAQ: FSLR ) warrant consideration for any solar investor. SunPower, which touts the highest-efficiency commercially available panels has long demonstrated its R&D prowess. In 2013, SunPower took home second solar prize with 28 patents awarded (compared to 10 for First Solar).�
- [By Monica Gerson]
Breaking news
Alcoa (NYSE: AA) is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. To read the full news, click here. L & L Energy (NASDAQ: LLEN) announced today that its Special Independent Committee has appointed Mr. Nicholas Chen, Managing Partner at Pamir Law Group, to replace Mr. Mark Bartlett. To read the full news, click here. Five Prime Therapeutics (NASDAQ: FPRX) and Bristol-Myers Squibb (NYSE: BMY) announced today that they have signed a collaboration agreement for the discovery, development and commercialization of immuno-oncology therapies directed toward targets identified in two undisclosed immune checkpoint pathways using Five Prime's proprietary target discovery platform. To read the full news, click here. First Solar (NASDAQ: FSLR) on Sunday announced the completion of the 1.3MW(DC) solar photovoltaic (PV) power plant at Kitakyushu-shi. Powered by First Solar FS Series 3 Black PV modules, the plant will generate approximately 1,400 MWh of clean and safe solar electricity per year. To read the full news, click here.Posted-In: Credit Suisse US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets
- [By Tyler Crowe]
In the month of March, the Federal Energy Regulatory Commission announced that all electricity generation that was added to the system during the month came from solar energy. While this month may have been an�aberration, the first quarter of 2013 saw 83% of all generation capacity that was added come from either solar or wind power. In this video, Fool.com contributor Tyler Crowe shows how some recent advancements in technology and manufacturing from industry leaders like First Solar (NASDAQ: FSLR ) have made this possible.
- [By Michael Cintolo]
Solar-sector leader First Solar (FSLR) has been riding high in the wake of its strong third-quarter earnings report. The firm crushed estimates, with revenue up 51% and earnings jumping 80%.
Top 5 Solar Stocks To Watch For 2014: EMCORE Corporation(EMKR)
EMCORE Corporation, together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. The company operates in two segments, Fiber Optics and Photovoltaics. The Fiber Optics segment offers broadband products, including cable television, fiber-to-the-premises, satellite communication, video transport, and defense and homeland security products; and digital products comprising telecom optical, enterprise, laser/photodetector component, parallel optical transceiver and cable, and fiber channel transceiver products. This segment?s products enable information that is encoded on light signals to be transmitted, routed, and received in communication systems and networks. The Photovoltaics segment provides gallium arsenide (GaAs) multi-junction solar cells, covered interconnected cells, and solar panels for satellite applications; and concentrating photovoltaic (CPV) power systems for commercial and utility scale solar applications, as well as GaAs solar cells and integrated CPV components for use in other solar power concentrator systems. The company markets its products through its direct sales force, external sales representatives and distributors, and application engineers worldwide. EMCORE Corporation was founded in 1984 and is headquartered in Albuquerque, New Mexico.
Advisors' Opinion:- [By CRWE]
EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets, reported that it is ramping production and shipping the Opticomm-EMCORE NEXTGEN OTP-1DVI2A1SU insert cards for the Optiva platform.
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