Hot New Companies To Invest In Right Now

Hot New Companies To Invest In Right Now: SolarCity Corp (SCTY)

SolarCity Corporation (SolarCity), incorporated on June 21, 2006, is engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. The Company sells renewable energy to its customers. As of December 12, 2012, the Company served customers in 14 states. The Companys residential customers are individual homeowners and homeowners. The Companys commercial customers represent several business sectors, including technology, retail, manufacturing, agriculture, nonprofit and houses of worship. The Company has installed solar energy systems for several government entities, including the the United States Air Force, Army, Marines and Navy, and the Department of Homeland Security. The Company purchases major components, such as solar panels and inverters directly from multiple manufacturers. As of September 30, 2012, its primary solar panel suppliers we re Trina Solar Limited, Yingli Green Energy Holding Company Limited and Kyocera Solar, Inc., among others, and its primary inverter suppliers were Power-One, Inc., SMA Solar Technology, AG, Schneider Electric SA, Fronius International GmbH and SolarEdge Technologies, among others.

Solar Energy Products

The Companys solar energy products include Solar Energy Systems, and SolarLease and power purchase agreement finance products. The major components of its solar energy systems include solar panels that convert sunlight into electrical current. Most of its solar energy customers choose to purchase energy from the Company pursuant to one of two payment structures: a SolarLease or a power purchase agreement. In both structures, the Company charges customers a monthly fee for the power produced by its solar energy systems. In the lease structure, this monthly payment is pre-determined and includes a production guarantee. In the power purchase ag! reement structure, the Company charges customers a fee per kilowatt! hour based on the amount of electricity actually produced by the solar energy system.

Energy Efficiency Products and Services

The Companys energy efficiency products and services include home energy evaluation and energy efficiency upgrades. The Company sells home energy efficiency evaluations to new solar energy system customers and existing customers. The Companys energy efficiency upgrade products and services address heating and cooling, air sealing, duct sealing, water heating, insulation, furnaces, weatherization, pool pumps and lighting. As of December 12, 2012, the Company had completed over 13,000 home energy evaluations and performed more than 2,000 energy efficiency upgrades.

Other Energy Products and Services

The Companys other energy products and services include electric vehicle charging and energy storage. The Company installs electric vehicle (EV) charging equipment that it sources from thir d parties. SolarCity markets EV equipment to residential and commercial customers through retail partnerships with companies, such as The Home Depot, and through EV manufacturers and dealerships, such as its partnership with Tesla Motors, Inc. The Company is developing a battery management system built on its solar energy monitoring communications backbone. As of December 12, 2012, the Company had over 100 energy storage pilot projects under contract. As of December 12, 2012, the Company had sold over 750 charging stations.

Enabling Technologies

The Companys enabling technologies include SolarBid Sales Management Platform, SolarWorks Customer Management Software, Energy Designer, Home Performance Pro and SolarGuard and PowerGuide Proactive Monitoring Solutions. SolarBid is a sales management platform, which incorporates a database of rate information by utility, sun exposure, roof orientation and a range of other factors to enable a detailed an! al ysis ! and customized graphical presentation of each customer! s savin! gs.

SolarWorks is the software platform the Company uses to track and manage project. Energy Designer is a software application its field engineering auditors use to collect pertinent site-specific design details on a tablet computer. Home Performance Pro is its energy efficiency evaluation platform that incorporates the United States Department of Energys Energy Plus simulation engine. Home Performance Pro collects and stores details of a buildings construction and energy use. SolarGuard and PowerGuide provide its customers a view of their homes or businesss energy generation and consumption.

The Company competes with American Solar Electric, Inc., Astrum Solar, Inc., Petersen Dean, Inc., Real Goods Solar, Inc., REC Solar, Inc., Sungevity, Inc., Trinity Solar, Inc., Verengo, Inc., SunRun Inc. and Ameresco, Inc.

Advisors' Opinion:

• [By John Udovich]

  Small cap solar stock Andalay Solar Inc (OTCMKTS: WEST) has largely cratered for investorsverses solar stock peers Real Goods Solar, Inc (NASDAQ: RSOL) and SolarCity Corp (NASDAQ: SCTY), but is the company finally turning itself around after a failed deal to be acquired?

• [By Chad Fraser]

  The solar power industry continued to sparkle in 2013.
  
  Thats according to figures from the Renewables 2014 Global Status Report, recently released by REN21, the Renewable Energy Policy Network for the 21st Century.
  
  Robert Rapier, chief investment strategist at our Energy Strategist advisory, calls REN21s annual report card the most comprehensive report available when it comes to the global renewable energy picture.
  
  Heres what the report had to say about the growth of the solar photovoltaic industry:

  Globally, more than 39 gigawatts (GW) of solar PV capacity was installed in 2013, bringing the total to 139 GW;
  
  In the U.S., installations rose 41 percent from 2012, to nearly 4.8 GW, spurred by declinin! g prices ! and new financing arrangements, like those offered by rooftop panel provider SolarCity (NasdaqGS: SCTY), with low-to-no upfront payments;
  
  Almost half of all global solar PV capacity currently in operation was added in the past two years; 98 percent has been installed since the beginning of 2004;
  
  Global solar PV additions gained 32 percent, even as investment in solar PV fell 22 percent, partly due to lower technology costs;
  
  2013 marked the first year the world added more solar PV than wind capacity.

  Correspondingly, many solar stocks soared in 2013; the Market Vectors Solar Energy ETF (NYSE: KWT), a reasonable proxy for the industry, surged 103.5 percent on the year, far eclipsing the S&P 500s 31.8 percent climb.
  
  That outperformance has continued into 2014, with the ETF tacking on a 19.9 percent gain year-to-date, compared to 6.8 percent for the S&P 500.
  
  The rebound comes after a tough few years for the solar industry. First, the financial crisis deterred customers and drove down sales. Then governments cut spending to rein in their deficitsincluding on solar power subsidies. This all came against a glut of cheap panelsmainly from Chinese manufacturersthat

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-new-companies-to-invest-in-right-now.html