Congress Set To Hit Dimmer Switch on Solar Energy. Buying Opportunity or Time to Say Goodbye to Solar Stocks?

Sometimes the world just doesn't make sense.

Rather than incentivize the use of our largest energy source, the sun, it appears that the government is fixated on the use of agricultural products to develop our next generation of fuels.

Solar Energy - Sector Snap from Yahoo Finance:

http://biz.yahoo.com/ap/071112/solar_stocks_sector_snap.html?.v=1

In a move that sent solar energy stocks such as Yingli Green Energy Holding Co and SunPower Corp. tumbling, The Solar Energy Industries Association (SEIA), the country's solar energy trade group issued an alert on its website Friday that congress may exclude solar energy tax credits from a long awaited bill.

SEIA Website: http://www.seia.org/

Despite the fact that the bill may leave off solar-related incentives, many analysts feel that this has caused an ideal dip for investors to take advantage of. With many confident that surging oil prices and the potential negative environmental repercussions of developing bio-fuels such as ethanol will sway congress in favor of solar related incentives in the future, now is a great time to add some solar to your portfolio.

Check back soon for a few small-cap and large-cap solar ideas that could prove as a significant hedge against losses in some of your stocks that seem to be more effected by the current sub prime situation.