With booming fuel prices and a consequently growing emphasis on renewable energy, solar power is gaining much more of a focus lately from both homeowners as well as big businesses looking to get in at near the ground floor. Also, quite a few governments are incentivizing the uptake of solar energy. Italy, for instance, which is one of Europe’s biggest solar markets, recently extended its solar incentives until August. The growing focus on Solar could cause widespread changes throughout the sector. One of these potential changes has already begun to take place as European oil giant Total SA agreed to buy up to 60% of SunPower Corporation for $1.38 billion.
The interest of Big Oil in solar companies could just be getting started and it would not be surprising to see much more M&A activities in the future.
The recent Japanese disasters, while tragic on many levels, may also have some upside for the solar sector. Negative sentiment surrounding nuclear energy could result in a greater assumption of renewable energies such as solar panels. Companies like Trina Solar Limited which already has a presence in Asia should be well positioned to take advantage of this shift, should it take place. A Trina Solar Limited report is accessible for free at stock trading firm; Shine’s Room which has a handpicked team of market professionals with over 100 years of combined investing experience. They are providing members comprehensive research on the Semiconductor – Specialized industry and are offering free analytical research on Trina Solar Limited and SunPower Corporation.