6/15/09

Alternative Energy Sources -Report: Solar Prices In "Free Fall" (STP, SPWRA, YGE)

Looks like coming trouble for solar companies with pressure on modules prices falling. Summary of article has FBR Capital publishing that " As most investors anticipate a hockey stick–shaped demand uptick in the U.S., China, and other emerging countries, we see a slow rollout of subsidies, tightened terms from financiers, and overhyped news items flowing in, especially from untrustworthy news sources." Look like the run is over soon for solar companies, they did have a nice run but with Oil expecting to skyrocket this summer anything can happen. Alternative is the future so solar in the long run should do well. Anyhow .....read full article

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