The solar industry is a very dynamic industry with industry leaders becoming bankrupt and small solar stocks giving multi-bagger returns. Many of the leading solar companies such as Q-Cells are bankrupt while small companies such as Canadian Solar (CSIQ) have given tremendous profits to investors in the last one year. Despite the massive growth in solar energy demand (more than 60% CAGR over the last 5 years), solar panel prices have crashed as a result of huge over-investment in solar capacity. Crystalline silicon solar technology has seen the most dramatic cost cuts in the last few years, leading to extreme pressure on other solar energy technologies such as thin film and solar thermal. Many thin film companies such...
Ascent Solar: Very Expensive Play On Consumer Solar Products Growth
Jul 12 2013, 10:43 | about: ASTI
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