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First Solar (FSLR -15%) goes into freefall following news it has halted deliveries for the $1.8B...

First Solar (FSLR -15%) goes into freefall following news it has halted deliveries for the $1.8B Agua Caliente Arizona solar plant due to construction being ahead of schedule. Agua Caliente, a 51/49 JV between NRG Energy (NRG) and Berkshire Hathaway's MidAmerican Energy, is already 85% built, even though the project isn't scheduled for completion until the end of 2013. The halt may be stoking fears First Solar's recent growth was padded by aggressive deliveries. (previous)
Comments (4)
  • Sell the headline, Buy the article?
    30 Aug 2012, 12:41 PM Reply Like
  • Why would you stop something under construction that is going ahead of schedule....that saves money and can get it on line faster and create more energy....cheap with production....right???... this is just a Green Jobs thingy....all show and no go
    30 Aug 2012, 12:47 PM Reply Like
  • If your gonna trade in this space, you got to go with something silly like BSRC. Highly innovative, Highly volatile, High risk, but big pay off for minimal out lay. Just buy low and wait for the headline that doubles it. But it can be a long wait.... sell the news and then back in lower.
    30 Aug 2012, 12:48 PM Reply Like
  • Something is very fishy with FSLR's numbers...
    31 Aug 2012, 08:59 AM Reply Like
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