One day of solar energy could fuel your portfolio for a life time

Solar energy seems to be a hot TRADE right now. A stock that I have been following has been First Solar or FSLR. I must admit that I have had a position in FSLR in the past but with new energy being harvested at an alarming pace and the prices of traditional fuels, i.e. coal or petrol, on the rise solar power and products are sectors to be in.

"Solar stocks had another blowout week led by LDK Solar’s (LDK) 25% gain." Himanshu Pandya of Seeking Alpha said in a recent report. "First Solar (FSLR), Sunpower (SPWR) and Suntech Power (STP), what I consider the first-tier solar companies, all had a gain close to or above 20% for the week."

I believe that solar power could be the next bubble. Along with agriculture, solar energy is heavily subsidized and is poised to begin to make profits without the governments help, unlike agriculture.

One reason that FSLR has had the biggest positive gains over the last year is partly because of their supply to a market that is in such huge demand. The market of solar power is gaining traction because of the reduction in cost to supply the panels and products that go into the market place. With this reduction in costs we may see solar field popping up all over the country.

With the introduction of solar to our power grids we may also see a deep price reduction in traditional industry. Since the municipalities are not jumping on solar and venture capital is, there may be new competition to a service that has traditionally been state run.

Maybe gold and oil is not the place to be. Like bottled water, the money may be in something that is very abundant.