(Solar photovoltaic vs. solar thermal story updated for new lawsuit against six major solar projects)NEW YORK ( TheStreet) -- The news that Tessera Solar sold its 850 megawatt Calico Project on Wednesday to a New York-based energy project development company wasn't a surprise. Just a week ago, Southern California Edison canceled its power purchase agreements with Tessera. Yet the sale of the Calico project to a company called K Road Power -- staffed by former Sithe Energies and Goldman Sachs officials -- has broader implications for the photovoltaic solar industry.
Solar PV Eating Solar Thermal's Lunch
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.