Robert Castellano

Solar Market Declines for First Time Ever

123andy you're absolutely right. In may Seeking Alpha article back in November 2008 "Six Reasons for Cloudy Skies on the Solar Energy Industry" I got beat up quite a bit by people in denial when I predicted the downturn in solar. No one would believe it.
In September 2009 I noted that as many as 50% of solar manufacturers may not survive in 2010. Again I got beat up. Look with happened this month as a few solar companies went out of business. It's just the beginning. Yet no one believes it.

iSuppli: Solar Panel Revenue Could Drop 20% in 2009

It isn't Greentech Media. In fact, I wrote on December 10 in Seeking Alpha that the Solar Panel market will only grow 26% in 2009, down from an average of 48% in preceding years. It will grow again 48% in 2009.

What's the saying "imitation is the sincerest form of flattery"? Note that this release from iSuppli came two weeks after our article. In fact, on November 10 we wrote in Seeking Alpha about the Hard Disk Drive industry, only to be followed a week later by iSuppli's release that said the same thing! At least iSuppli's CEO phoned me last week and complimented me on my research - a Class Act.