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The 50MW New Mexico solar project First Solar (FSLR) recently bought might sell electricity at a...

  • Friday, February 1, 6:52 PM ET
    The 50MW New Mexico solar project First Solar (FSLR) recently bought might sell electricity at a rate less than half that typically charged by new coal plants, based on a recent regulatory filing (.pdf). Maxim's Aaron Chew, who has been bearish on FSLR for some time, notes the rate is also less than half what First Solar will charge for its Antelope Valley, Topaz, and Agua Caliente projects. However, government incentives will likely improve the project's ROI.
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This news story has 9 comments:

  • what happens when gov subsidies run out?
    1 Feb, 07:07 PM Reply Like
  • Solyndra happens and Obama donating tax-payers money to his election campaign happens.
    1 Feb, 07:09 PM Reply Like
  • Many/most of the renewable energy subsidies initiated under the Bush administration and extended by the current administration were again extended during the most recent budget/fiscal cliff discussions and do not appear likely to be withdrawn.

    Other energy industries, notably ethanol, but oil and gas as well, benefit from assorted mechanisms that are either direct or indirect subsidies and don't appear in any real danger of losing them either.

    Energy security is arguably both important strategically as well as from the perspective of how effectively it supports domestic manufacturing. With some measure of manufacturing abandoning formerly cheap int'l locations and returning to the US, cheap energy is arguably a strong incentive, as are increasing offshore labor costs and political and geopolitical instability, or the rule of law.

    Don't bet on the subsidies running out....
    2 Feb, 09:13 AM Reply Like
  • Don't have a problem with energy subsidies but the Solyndra deal was a huge scam.
    2 Feb, 01:12 PM Reply Like
  • I would like coal subsidies and the EPA to ease up on coal companies so that my stock will be worth more!
    2 Feb, 03:07 PM Reply Like
  • I like cheap energy!
    1 Feb, 07:17 PM Reply Like
  • There will be a huge shift towards solar within the next 5 years. Hydrogen gas stations have already been put in place in southern california, carmakers have to produce what they promised otherwise they would have to pay penalties. In 2015 Honda will release the clarity hydrogen car for sale. Ford Daimler Nissan/Renault have agreed to build a fuel cell system that is universal for all of their cars therefore reducing costs. Formula E racing is starting next year and will completely integrate electric cars into popular opinion. The low price of solar panels is increasing sales worldwide.
    There will be a boom of producing electricity at home to power ones car and in ten years time it will be part of our lives just like cell phones and the internet were unthinkable not that long ago and now we take it for granted.
    3 Feb, 01:16 PM Reply Like
  • When subsidies run out then by that stage solar should be cheap enough not to need subsidies anymore. That's the whole idea of subsidies in the first place. Also, what about the other non-green industries that get subsidies. People love to forget about those all the time!
    5 Feb, 11:50 AM Reply Like
  • Hopefully when subsidies run out, then by that stage solar will be cheap enough not to need subsidies any more. That's the whole idea of subsidies in the first place. Also many other non-green industries get subsidies too.
    5 Feb, 11:50 AM Reply Like
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