Last year a solar ETF roared back from near-death to top the performance charts of exchange-traded funds with a 130 percent gain. Could beaten-up funds that track uranium be the next energy high-fliers?Uranium's price has fallen more than 50 percent since the March 2011 disaster at the Fukushima Dai-Ichi plant in Japan, which was followed by a May 2011 renewal of Germany's plan to phase out its nuclear reactors by 2022. Japan's idling of its 50 nuclear reactors resulted in a uranium glut and led some producers to cancel projects or close mines.
The pace of consolidation in the solar manufacturing industry will accelerate in the next three years as the cost of the technology declines and installations surge, the founder of the fourth-biggest solar-panel maker said.
The Standard & Poor’s 500 Index rose for the week, following the worst losing streak to start a year since 2005, as optimism over economic growth and corporate earnings overshadowed a weaker-than-forecast jobs report.
Every month over the past two years, Chief Executive Officer Ralph Izzo of the utility Public Service Enterprise Group Inc. traveled to Washington from Newark, New Jersey, to meet with more than 50 senators and advocate for climate-change legislation. His efforts may have been in vain.
U.S. stocks had their biggest weekly drop since August, dragging the Standard & Poor’s 500 Index down from a record high, amid concern that improving economic data will prompt the Federal Reserve to cut stimulus.
State Grid Corp. of China’s search for as much as $50 billion of international power assets may reveal that Duet Group and Spark Infrastructure Group are among Australia’s most attractive takeover targets.