Re: Solar Stocks are hot

It's even better, the new tax credit no longer has the $2,000 limit for residence. It's a full 30% after your other incentives.

also Sunpower is installing the biggest solar plant in the US. It's as big as all the solar already installed in the US and it's going in for PG+E in California. 80 Mega watt !!! I hope you own some SPWR stock $$$$ going GREEN is good for your green money.

http://www.siliconvalley.com/ci_10204811

Pacific Gas & Electric announced two deals Thursday that will result in 800 megawatts of power from massive facilities using PV panels — enough to power nearly a quarter-million homes, according to the utility.

SunPower, best known for making solar panels used on homes and businesses, will now build a utility-scale-size plant. The 250 megawatt facility, to be constructed in San Luis Obispo County, will start generating power in 2010 and reach full capacity in 2012. It will require approval from local and state regulators.

The second deal, announced at a press conference at PG&E's San Francisco headquarters, is even larger. The utility said it will buy 550 megawatts of power from a plant built by OptiSolar, a Hayward company. The plant, to be called the Topaz Solar Farms, uses thin-film solar panels that use sunlight to create electricity. Its technology allows it to deposit a thin layer, or film, of amorphous silicon on solar panels.

"It's monumental," said Julia Hamm, executive director of the Solar Electric Power Association in Washington, D.C. "I really think it demonstrates that the time for solar has come. It's not some small niche thing anymore for rooftops."

the solar stacks