Energy

Is Wind a Better Bet Than Solar?

Stock quotes in this article:BWEN, ESLR, ENER, FSLR 

If you are a foreign alternative energy company or a U.S. company, how do you find the confidence to build a manufacturing plant here when the subsidies could be pulled in a few years? In Europe, there have been stable wind subsidies for 20 years.

Also, the sheer scale of components in wind is very large compared to solar, and that trend is continuing. Wind markets, at least to some degree, have to be domestically supplied because it is difficult and expensive to ship overseas 50 to 60 foot segments of wind towers that can weigh 200,000 pounds.

On the other hand, you can fill solar modules into shipping containers and it's not that expensive. So from a jobs-creation perspective, wind has more opportunity because its components can't be exported cost effectively.

Right now we have approximately 90% of wind towers broken down into segments that are manufactured domestically. Approximately 50% to 75% of wind blades are made domestically. As other wind energy components become larger in size, the domestic manufacturing trend should remain hard to export.

-- Reported by Eric Rosenbaum in New York.

RELATED STORIES:

>>See our new stock quote page.



Follow TheStreet.com on Twitter and become a fan on Facebook.

>To order reprints of this article, click here: Reprints

Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet