The WilderHill New Energy Global Innovation Index, which tracks 94 clean-energy stocks, has gained 4.6 percent since the start of the year after a worldwide slump in the solar industry pulled it down in 2012.
Solazyme Inc., which makes oil products from genetically modified algae, rose on speculation its relationship with the U.S. Defense Department will grow even as some of its raw material costs rise.
"This is a good way for SolarCity to broaden the range of investors who are able to buy solar bonds, a new asset class."
- Pavel Molchanov on Oct 15, 2014
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