|Bid||39.984 x 20000|
|Ask||40.230 x 20000|
|Day's range||39.962 - 39.983|
|52-week range||24.055 - 42.900|
|PE ratio (TTM)||-8.63|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
First Solar Inc. is no longer on the sidelines of a trade case that threatens the $29 billion U.S. solar industry, and it’s supporting tariffs on imports.
Cheap imported solar cells have fueled an alternative-energy boom in the U.S., making solar cost-competitive with coal and natural gas in some states, and persuading over one million American homeowners to generate their own power. Now President Donald Trump is considering tariffs or other trade sanctions that could slow the flow of foreign cells and protect the handful of remaining U.S. manufacturers. Next year “will likely be the first year in decades when the solar industry has not grown,” says Shawn Kravetz, the president of hedge fund Esplanade Capital and a longtime solar investor.
Britain's first solar power farm to operate without a government subsidy is due to open in eastern England on Tuesday, as a sharp fall in costs has made renewable energy much more economical. Britain needs to invest in new energy capacity to replace aging coal and nuclear plants that are due to close in the 2020s. "The cost of solar panels and batteries has fallen dramatically over the past few years, and this first subsidy-free development at Clayhill is a significant moment for clean energy in the UK," Claire Perry, minister for Climate Change and Industry said.
Dubai completed a solar plant big enough to power 50,000 homes as part of a plan to generate three-quarters of its energy from renewables by 2050