Solar ETF Launched Today!

Trading under the ticker symbol TAN, this Exchange Traded Fund tracks a basket of 25 public companies that are pure plays in solar technology. With oil closing at $113.79 today, it is no wonder that public markets are bullish on the future solar photovoltaics market.

While solar may only represent a small part of the alternative energy mix to reduce our reliance on fossil fuels, this will be fertile ground for all types of entrepreneurs. The true technology innovators are focused on reducing production costs and increasing photovoltaic efficiency, which is mostly about improving scale production and experimenting with nanotech materials to replace expensive silicon. Nevertheless, millions can be made by Main Street entrepreneurs looking to build installation and service companies, particularly in regions like the Southwest and Southeast where the supply of sunlight seems limitless.