Yingli Green Energy (YGE)
Of course, if you believe solar is one of the hottest industries there is and that solar stocks are some of the best energy stocks out there, there’s no reason to worry companies that depend on panel pricing.
Because as demand keeps rising, prices should too.
A great bet on the production side of things is Yingli Green Energy (YGE). Not only is Yingli the world’s largest solar panel manufacturer, but it’s a Chinese company.
Yes, the Chinese market created the glut of supply, as previously mentioned. But Beijing recently announced plans to ramp up its solar capacity and established new rules to encourage mergers and acquisitions. As InvestorPlace Editor Jeff Reeves explained, that could leave Yingli with fewer competitors at home … and a broader footprint as a result.
Plus, Yingli sells solar panels in markets beyond China. It has more than 20 regional subsidiaries in countries from Germany to Israel, and has distributed more than 7,000 MW photovoltaic modules to customers worldwide.