With solar demand in Germany lower and Italy now cutting back with too much solar supply, solar companies like First Solar (Nasdaq:FSLR), SunPower (Nasdaq:SPWRA), Suntech Power Holdings (NYSE:STP), Yingli Green Energy (NYSE:YGE) and Trina Solar (NYSE:TSL) could be under pressure today, accordin got Barron's.
Italy has already reached it 2020 soalr target, according to the Barron's article, and an Ecology leader in the country is seeking a moratorium on solar farms in Italy.
Of the solar companies listed, First Solar could take as big as hit as 20 to 25 percent off its recent highs.
Even the increase in the price of crude will probably not be enough to offset the supply surplus.
Tuesday, February 22, 2011
Solar Companies First Solar (FSLR), (SPWRA), (STP), (YGE), (TSL) Under Pressure Says Barron's
Labels:
First Solar,
Sunpower,
Suntech,
Trina Solar,
Yingli Energy
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4 comments:
ITALY IS LESS THEN 1% OF THE SOLAR MARKET BULLSHIT THIS ARTICLE
This article is pure propaganda. 87% of the 2011 production capacity is sold already. I do not know who is behind all this but it is ridiculous.
Unbelievable how this piece of shit blog is carried on Google News. wtf?
Perhaps thiss blogger is on BP's payroll?
Buyer beware!
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