If you are talking about fuel cells, you should know that you can NOT build fuel cells without PGM, platinum group metals, with extremely limited global supply. Read about it here: seekingalpha.com/artic... And recent developments that are extremely bullish to PGM metals: seekingalpha.com/artic... As for First Solar, it is crystal clear to me they are doomed due to a global shortage of tellurium: seekingalpha.com/artic...
For First Solar (FSLR) the much bigger problem is not tax credit, but rather the extremely limited telurium supply of the whole earth. They solely rely on the cadmium telluride semiconductor. Cadmium is extremely toxic, but tellurium is more toxic to FSLR.
The whole world produces about 215 tons of tellurium per year, even less than platinum. FSLR needs 135 tons per GW of production. Due to other usages, tellurium price already boomed from $4 to over $100, implying a severe shortage. How FSLR is going to find tellurium source to feed its new factories being built in Malaysia? This company has no growth potential whatsoever.
Cleantech "Power 10" Ranking (Vol. I) [View article]
seekingalpha.com/artic...
And recent developments that are extremely bullish to PGM metals:
seekingalpha.com/artic...
As for First Solar, it is crystal clear to me they are doomed due to a global shortage of tellurium:
seekingalpha.com/artic...
Shadow Cast Over Solar Stocks [View article]
The whole world produces about 215 tons of tellurium per year, even less than platinum. FSLR needs 135 tons per GW of production. Due to other usages, tellurium price already boomed from $4 to over $100, implying a severe shortage. How FSLR is going to find tellurium source to feed its new factories being built in Malaysia? This company has no growth potential whatsoever.
See a related article:
www.bloggingstocks.com.../
Read more on my blog:
stockology.blogspot.co...