Chinese companies such as JA Solar Holdings Ltd., Canadian Solar and Yingli Green Energy Holding Co. are making panels cheaper, fueled by better cell technology and more streamlined manufacturing processes, which in turn, makes it more affordable, reports Ehren Goossens for Bloomberg.

  • Guggenheim Global Solar (NYSEArca: TAN) is the ETF industry’s first and largest solar ETF and it owns many of the industry’s top companies, including: First Solar, 21.1%; Trina Solar, 6.8%; Suntech Power, 4.2%; Yingli Green Energy, 4.2%; and Jinko Solar, 1.2%.
  • Market Vectors Solar Energy (NYSEArca: KWT) has many of the same holdings as TAN, but in smaller allocations. First Solar, for example, is 10.6% of the fund. Others include Trina Solar, 9.2%; Yingli Green Energy, 4.5%; Suntech Power, 4.3%; and Canadian Solar, 2%.

Guggenheim Global Solar

For full disclosure, Tom Lydon’s clients own TAN.

Tisha Guerrero contributed to this article.