Small Cap Strategist is published by Crystal Equity Research an independent research resource on small capitalization stocks. Follow along as we discuss the most recent trends in the small-cap sector, investigate interesting companies and pan a few not-so-promising stocks.
mocked as a marginal energy source, solar power is nearing 16 gigawatts of
installed capacity in the U.S.Importantly,
55% of total photovoltaic installations are owned by electric utilities.The industry was recently valued at $15
billion annually by Solar Energy Industries Association.Analysts have predicted that solar will reach
grid parity all fifty states by 2016 even without tax credits.Solar is well on its way to dominating the U.S.
appears wind energy is well on its way to reaching the same sort of inflection
point as solar.Thirty-nine states have
wind power generation installations.By
the end of June 2014, total wind power installations in the U.S. reached 61,946
megawatts.These wind power generating
facilities provided an equivalent to 14 nuclear power plants or 52 coal-fired
power plants.Wind advocates also tout
the benefits of wind in terms of emissions reduction and reduced water
usage.Carbon dioxide emissions are
reduced by approximately 4.2%, which is about the same as taking 17.5 million
cars of the road.The power generated by
wind reduces the consumption of 36.6 billion gallons of water annually.
adoption of wind power has been particularly impressive.Recently, the Swedish home furnishings
retailer IKEA acquired its second wind farm in the U.S.IKEA purchases the 165 megawatt wind farm in
Cameron County, Texas from Apex Clean Energy.IKEA had previously purchased 110 megawatt wind power plant near
Hoopeston, Illinois. The two U.S.
investments bring IKEA’s wind power ownership to 104 wind turbines.Another 165 wind turbines are installed at
locations around the world.
undertaking is impressive.This bodes
well for companies like Apex Clean Energy, which will build and
operate the wind power plants in Hoopeston and Cameron.Apex has power projects in twenty-one
states.For corporate customers like
IKEA, the company recommends either a traditional power purchase agreement or
some sort of structured agreement.
is a private company and does not disclose its financial performance.It is likely a company to watch as wind power
develops.In my view, wind power is more
likely than not to reach wide scale usage in the U.S. just like solar has reach
that point where the renewable energy source has become the norm and not just a
Neither the author
of the Small
Cap Strategist web log, Crystal Equity
Research nor its affiliates have a beneficial interest in the companies