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buffett makes big solar purchase

March 17, 2013 By paulie Leave a Comment

Warren Buffett

Warren Buffett invested 2.5 billion in SunPower Corp. — same company that makes the solar panels on our house.

When the project goes online in 2015, it’ll be the largest photovoltaic power development in the world. It’s also expected to create 650 construction jobs.

I was telling folks to buy Sun Power Corp. when the stock was $5.00. Today, it’s trading at $11.80

So solar isn’t a good investment? Try telling that to Warren.

Filed Under: environment Tagged With: global warming

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