Yingli Green Energy Holding Company Ltd fka YGE

[ZenMan 111]

"Five years ago, we were worried about America running out of oil; today we’re talking about Saudi America — because of fracking. Yes, fracking is a harmful technology; nevertheless it has allowed America to become energy independent and will soon make it an energy exporter. And then there is solar energy, which some people have become negative about. But it is a fact solar prices have dropped about 97 percent over the past 35 years, and, at the rate at which solar is advancing, by the end of this decade we will achieve grid parity across the United States. Grid parity means it’s cheaper to produce energy at home on your solar cells than to buy it from utilities. Move forward another 10 or 20 years, and it will costs a fraction as much to produce your own energy as to buy it from the grid. This means that the utility companies will be in serious trouble. This is why they are beginning to fight the introduction of solar. If solar keeps advancing in the way it is, it will eclipse the fossil-fuel industry."

http://venturebeat.com/2014/12/21/5-waves-of-technology-disruption-that-are-just-getting-started/