February 14, 2020
By Dr. Lora Poppins
The name isn't just empty branding, as First Solar is among the leaders in the industry with a market capitalization of $20 billion to top a host of traditional energy players, and annual revenue projected to top $4.5 billion next fiscal year.
China has made a big effort in recent years to ensure the country is a leader in green energy technologies going forward. There are a host of solar players in China, but Daqo is easy for U.S. investors to own as well as a leader in this nation's fast-growing marketplace.
A renewable energy company but one that actually is part of the utility sector, Clearway operates about 5,500 net megawatts of installed wind and solar generation projects.
A roughly $9 billion utility stock, BEP is larger than Clearway – but has a more diversified portfolio of renewable power generation facilities worldwide spanning hydroelectric, wind and solar.
A familiar name in solar, SEDG has a market cap of $16 billion and grew its revenue nearly 60% to $3.1 billion in 2022.
Much more of a "falling knife," Enphase has crashed about 50% from its 52-week high thanks to some disappointing earnings reports.
Yet another potential solar turnaround play is China's Jinko, which has steadily declined over the last year on a tougher environment for the sector.
Daqo New Energy Corp. is a holding company, which engages in the manufacture and sale of polysilicon products for the solar cell and module manufacturers.