Wednesday, March 23, 2011

First Solar (FSLR) (TSL) (STP) (SPWRA) Japan Boost Continues

Shares of so-called clean energy companies like First Solar (FSLR), Trina Solar (TSL), Suntech Power (STP) and SunPower (SPWRA) continue to get a boost from the Japan earthquake and perceived problems surrounding nuclear energy.

With very little chance of solar energy making any significant dent in meeting the energy demands of the future - in the short- and long term, this will only be a temporary boost in share price until things settle down in Japan and realities of meeting energy needs are looked at closely again.

For now though these stocks will probably continue to run up some, based on nothing more than the strange idea something has changed in energy because of the earthquake in Japan.

All that will happen is businesses and countries will take an in-depth look at their facilities to be sure they can withstand natural disasters, and upgrade them if they have to.

This could temporarily stall some projects, but overall, at worst, will only delay, not stop the inevitable march toward the embracing of nuclear power for growing energy needs.

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