Seeking Alpha

Solar power shares rise after Japan takes on the mantle of industry savior by approving a plan...

Solar power shares rise after Japan takes on the mantle of industry savior by approving a plan that could lead to at least $9.6B of new installations of solar cells. Power companies will be required to buy solar energy at Y42 per kilowatt hour ($0.53) for twenty years, or about double the tariff in Germany. FSLR +5.7%, SPWR +2.6%, STP +8.15%, DSTI +19.4%.
From other sites
Comments (2)
  • Choosh
    , contributor
    Comments (436) | Send Message
     
    20 years!! They will figure out how to keep virtually all the manufacturing in Japanese hands. At first there may be some partnerships with technology sharing. If you look up merchantilism in the dictionary you will find a map of Japan. I'm long solar but to expect significant benefit from Japan is a long shot unless it is in raw materials.
    18 Jun 2012, 01:28 PM Reply Like
  • bill d
    , contributor
    Comments (1896) | Send Message
     
    Yep - I remember the last time Japan needed raw materials.
    Hopefully they learned their lesson.
    We sure haven't.
    18 Jun 2012, 02:22 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs