Blue Chips go turquoise, seek green hue and $$$

Dow Chemical (NYSE: DOW) unveiled its solar roof shingles, saying they'll generate $1 billion in revenue by 2015.


BP (NYSE: BP) announced it will invest $800 million to build the largest wind farm in Kansas.


GE (NYSE: GE) said it would build the largest solar factory in the United States. Larger than 11 football fields, the Colorado facility will make cadmium telluride thin-film solar cells, similar to those made by First Solar (NYSE: FSLR).

FSLR worth accumulating before 2012

I have had this post on my "to-do" list for about 3 or 4 days now, ever since First Solar announced higher efficiency thin film solar cells. Still, even though the stock has gone from 59 to 73 in the past 24 hours, FSLR is a long term play that should do well in 2012.

If you have powder dry and are itching to get in, you may wanna start accumulating First Solar in the coming days and weeks, with the goal of having your full position in place by last week of November or first week of December.




Target is $120 Q1 or $140 Q2 2012.