I thought for todays post I’d summarize some of the major trends that I see in the solar market:
1. IPOs and VCs Are Stilll Headed Up – Solar is still the biggest thing in cleantech or energy tech from an investor standpoint. I think a solar company has won the NREL Growth Forum award 3 of the last 4 years. Suntech Power just had a big solar splash on NYSE, listed at $19 and is up to $35/share now. (we discussed this on Cleantechblog recently) Q-Cells AG in Germany saw similar results, and we’ve seen numerous little IPOs in the sector. Just wait until one of the real power players like Shell or Kyocera or BP IPOs their solar unit.
2. Everyone’s adding capacity – Every time I turn around their is another press release on solar companies large and small expanding.
3. New power players are emerging. See comment on Suntech Power above (only a couple of years old, as well as my previous post on Honda, More Cleantech News – Honda Enters the Solar Business.
4. The Developing World Will Become a Major Driver – See Peter Beadle’s previous post on Cleantechblog
5. But the big players, Sharp, BP, Kyocera, Shell, etc. are still the big players, and aren’t showing any signs of relinquishing the title.