List of Solar Manufacturing Stocks
This list was last updated on 6/6/2022.
Solar manufacturing stocks are publicly traded companies who develop or manufacture equipment that converts sunlight into other types of useful energy. Includes manufacturers and developers of both solar photovoltaic and solar thermal equipment, as well as their supply chain.
See also the list of Solar Farm Owner and Developer Stocks, the list of Residential Solar Stocks, and solar and wind inverter stocks.
5N Plus Inc (VNP.TO, FPLSF)
Amtech Systems Inc (ASYS)
Array Technologies, Inc. (ARRY)
Apollo Solar Energy (ASOE)
Ascent Solar Technologies Inc (ASTI)
Canadian Solar (CSIQ)
DAQO New Energy Corp. (DQ)
First Solar Inc (FSLR)
GCL-Poly Energy Holdings Ltd. (3800.HK)
Guggenheim Global Solar ETF...
Crowded Playground of Solar Panel Makers
The last post discussed the proposition of solar panel manufacturer SunPower Corporation (SPWR: Nasdaq). The company is looking for a partner to help build out and operate SunPower’s production facility in Hillsboro, Oregon. SunPower plans to manufacturer its innovative P-Series panels in Hillsboro to fulfill U.S. orders.
The Hillsboro plant was acquired in early 2018, from SolarWorld AG after the Trump administration slapped 30% tariffs on solar panels imported to the U.S. Domestic production, even at higher local costs, could make sense when compared to such prohibitive import tariffs.
SunPower is widely regarded as the go-to source for the highest quality solar cells available with efficiency ratings as...
Can Panasonic Produce High Efficiency Solar Modules at Tesla’s Gigafactory 2 in 2017?
EDITOR'S NOTE: Yesterday, Tesla (NASD:TSLA) announced that it has no intention of using Silevo's technology at "Gigafactory 2," the former Silevo facility in Western New York, now owned by Tesla through its acquisition of SolarCity. This makes some background on Panasonic (Whose technology Tesla plans to rely on instead) in this month's Solar Flare particularly relevant. Panasonic recently announced that the New York Facility would be operated under the name Panasonic Eco Solutions Solar New York America (PESSNYCA?) and that equipment will be installed and production will begin by summer 2017. In 2014 SolarCity acquired Silevo...
Unprofitable Tesla Begins Dismantling Unprofitable SolarCity
by Paula Mints
In June, Tesla (TSLA) announced it would shut down some of its solar installation stores, end its agreement to sell solar systems through Home Depot and either lay off or reassign affected workers. Tesla indicated that this was part of its overall plan, that is, business as usual.
Comment: In 2016, Elon Musk, oops, Tesla adopted, oops, acquired, SolarCity from his cousins, oops, SolarCity shareholders for $2.6-million, oops, $2.6 billion, ramming the deal down skeptical shareholder’s throats, oops, making an economically rational case for the deal. A shareholder lawsuit is working its way through the courts. SolarCity, the pioneer...
SolarCity Buys Zep: Behold The Power of Vertical Integration
To win the U.S. solar installation game, SolarCity (SCTY) continues to go vertical and thin its margin stack... so what'll be next? James Montgomery SolarCity (SCTY) is acquiring Zep Solar and its rackless mounting design in a $158 million stock deal, illustrating the growing importance of improving costs and complexity in residential solar. Much of the cost-cutting in solar PV has been shouldered by the upstream manufacturing side, but half the costs or more in a residential solar PV system come from the softer side, and they'll have to keep coming down dramatically to support widespread deployment of...
SolarCity: Fanning the Flames
by Debra Fiakas CFA Solar power installer Solar City (SCTY: Nasdaq) has attracted a swarm of shareholder lawsuits in recent weeks. The stock is trading at a price level 44% below its 52-week high of $88.35 set in February 2014. That has to be disheartening for those who were on the wrong side of the trades at those lofty levels. In February when traders were bidding $88 and change for SCTY, the stock was trading at about 50 times revenue and 47 times cash flow from operations. Of course, since the company had yet to produce...
The Ghost of Solyndra Haunts Chinese Solar Stocks
Doug Young The solar sector’s slow recovery is receiving some new setbacks in the form of lawsuits by 2 bankrupt US companies against Yingli (NYSE: YGE), Trina (NYSE: TSL) and Suntech (NYSE: STP), the last of which is also in bankruptcy reorganization. Adding to the mess, Suntech has just disclosed that more of its European assets have been seized by the Italian courts, throwing yet another new complication into its ongoing reorganization. This growing tide of litigation is somewhat expected, as investors try to recover whatever money they can following the sector’s spectacular crash over the last two...
Community Solar Providers In Orange and Rockland Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
Updated 9/8/2020
VENDOR NAME
PRICING STRUCTURE
ADDITIONAL DETAILS
SPECIAL OFFERS
IPP Solar Integration LLC
10% discount subscription model
-
Clearway Community Solar
10% discount subscription model
Cancellation free if replacement found or with 90 day notice, otherwise $200 termination fee
Community Power Partners
10% discount subscription model
no cancellation fee with 90 days notice, no credit checks and no payment information required
Nexamp Inc.
10% discount subscription model
No cancellation fees and long-term contracts
Oya Solar Inc.
10% discount subscription model
Contract for specified period needs to be signed
Astral Power
10% discount subscription model
No cancellation fee....
China Boosts Solar With Construction Ban
Doug Young China halts construction of new solar manufacturing plants Beijing took an important step towards rejuvenating the global solar panel sector last week when it announced new steps that will strictly limit new plant construction. This kind of government-led approach is a good short-term solution, as it will halt the introduction of new supply, which in turn will allow prices to stabilize after more than 2 years of steep declines caused by massive overcapacity. But over the longer term, China needs to address the...
The Top Ten PV Manufacturers: What The List Doesn’t Mean
by Paula Mints Every year at this time lists of lessons learned during the previous year give way to lists of top ten PV manufacturers. It’s time to ask what these lists mean, and whether they have a purpose to the ongoing growth and health of the photovoltaic industry. So Many Numbers, So Little Time There is more than one way to size the photovoltaic industry and unfortunately, much of the time are the metrics are considered to be synonymous. The PV industry is sized by capacity, shipments, production, module assembly capacity, installations and...
Finding the Apple Computer of Solar Power
by Joseph McCabe, PE Have you noticed the corporate pitches that compare their products to iPhones or iPads to try and force the feeling that they are "like Apple"? Bill Ford just pitched the Ford electric car in this manner. If Apple is the gold standard, the question becomes, what solar company is closest to being just like Apple? I think the answer is none, at least not yet. The Apple Model Apple has a design culture that attracts design professionals to their product. They also have a completely vertical integrated product where their case, graphical...
Flying into the Sun
by Debra Fiakas CFA Shares of two solar panel producers appeared on one of our favorite stock screens the other day - energy stocks that have traded downward to a point they appear oversold. Trina Solar, Ltd. (TSL: NYSE) recently closed at $11.22, down 39% from its 52-week high set in early March this year, but well above where the stock was trading a year ago. RenaSola, Ltd. (SOL: NYSE) has followed a similar track, recently closing at $2.61 well above its 52-week low. The question for investors is whether investors should take advantage...
Staying Alive: Could Thin-film Manufacturers Come Out Ahead in the PV Wars? Part 1
Jennifer Runyon As the solar PV market goes through its trials and tribulations, thin-film manufacturers could be poised to take on more market share. In the solar electricity market, capitulation, consolidation and contraction are the buzzwords of the day. Today, all solar PV manufacturers face an over-supplied and underfunded PV market. The oversupply and drop in subsidy markets across Europe and the U.S. has forced crystalline silicon manufacturers to sell their PV panels below manufacturing costs or risk losing all market-share. As the weeks tick by, major manufacturers, one after another, are going under or announcing...
China Speeds Up Solar Lifeline
Doug Young Solar Lifeline image via Bigstock A new Chinese media report shows that after more than a year of talk, Beijing is finally turning its aggressive talk on solar energy into action by more than doubling its approval of new solar power plants this year. The main question now is: Will any of its struggling solar panel makers survive long enough to enjoy the expected boom in business when some of these new plants start to get built. Of course industry watchers will know the answer is...
Community Solar Providers In National Grid Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
VENDOR NAME
PRICING STRUCTURE
ADDITIONAL DETAILS
SPECIAL OFFERS
Abundant Solar Power
10% discount subscription model
Contract to be signed
Amp Energy
Mostly 10% subscription model
12-month contract with auto-renew option, termination fees waived with proper notice
Astral Power
10% discount subscription model (Broker for solar farms)
No cancellation fee. Bill needed in customer’s name
$100 check and $100 donation to Regional Food Bank of Northeastern NY
Ampion
10% discount subscription model
Free cancellation at any time, excess credit is banked
BlueWave Solar
10% discount subscription model (Broker for solar farms)
Links to own development as...
SolarCity Buys Silevo for $200 Million, Plans GW Factory in NY
Meg Cichon Silevo's Triex Solar Technology In an effort to further streamline its solar business and lower the overall cost of solar energy, SolarCity (SCTY) announced today that it would acquire high-efficiency cell manufacturer Silevo for $200 million. In an effort to scale up the technology, SolarCity plans to construct a 1-GW manufacturing facility located in Buffalo, New York within the next two years. The solar leasing company acquired mounting company Zep Solar in late 2013 in an effort to further vertically integrate its business. Now, chairman Elon...
