Suddenly, Those Solar Panels Don’t Look So 1970’s

AS prices for coal, natural gas and oil have soared, solar power has been getting perhaps its most serious look from investors since President Jimmy Carter pulled on a cardigan and asked Americans to damp their furnaces. The new interest means that the handful of domestic solar stocks has been surging, too.

Over the last year, the shares of Evergreen Solar, DayStar Technologies, Energy Conversion Devices and Spire – all small domestic companies that make equipment for converting solar power into electricity – have more than doubled in price. In August, Cypress Semiconductor said it would try to raise as much as $100 million in an initial public offering for its SunPower subsidiary.
New York Times