Solar power isn’t exactly new — the first major advancements were made back in the 19th century.
But you have to admit that the technology is futuristic. In a world that is still largely run on fossil fuels, the idea of powering things with sunlight kind of seems like sorcery. But it makes sense — the sun just sits up there, spewing out energy, so we’d be pretty stupid not to do something with it.
Publicly traded solar companies haven’t exactly had an easy time of things, though. Solyndra and Evergreen Solar both went bankrupt two years ago, and companies like First Solar (FSLR) and Sunpower (SPWR) are still way off their highs from 2007 and 2008, despite strong runs this year.