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The entire solar sector is taking a beating from First Solar's (FSLR -18.6%) woes and a string...

The entire solar sector is taking a beating from First Solar's (FSLR -18.6%) woes and a string of weak earnings reports from China Sunergy (CSUN -7.5%), JA Solar (JASO -1%) and Yingli Green (YGE -10.8%). ThinkEquity cuts YGE to Sell based on “persistent losses," setting a price target of $1; Maxim warns of a "mounting” cash drain and net debt that “has reached dangerous heights."
Comments (12)
  • The sun is not shinning on solar.
    30 Aug 2012, 04:06 PM Reply Like
  • so where are all the alternative fuel people who think its wonderful for obama to drive gas through $5 bucks
    30 Aug 2012, 04:07 PM Reply Like
  • "Obama to drive gas through $5 bucks" What are you trying to say?
    30 Aug 2012, 04:23 PM Reply Like
  • the primary purpose of the obama dept of energy as repeated by chu and others - to equalize american fuel prices with those in europe.
    bloomberg was heralding today how low prices are; obama pandering to limo liberals who guzzle energy like no other and then preach to "others" to conserve
    its also part of the plan to smash the middle class and force them into dependency
    30 Aug 2012, 05:07 PM Reply Like
  • you won't see the limo liberals in Butte guzzling energy. get real.
    30 Aug 2012, 06:18 PM Reply Like
  • say what? if you are referring to montana - its crawling with hollywood types and limo liberals
    30 Aug 2012, 06:25 PM Reply Like
  • Without solar energy, no energy confidence ! except for the top 1%
    30 Aug 2012, 04:21 PM Reply Like
  • Without solar energy, nobody will want to work for you !
    30 Aug 2012, 04:22 PM Reply Like
  • except gas guzzlers!
    30 Aug 2012, 04:22 PM Reply Like
  • I am a retired chemical engineer who has followed solar power schemes and concepts regularly since 1987. They always break their necks on one or two critical economic factors: (1) competitive power sources, like natural gas and nuclear, for base power generators are vastly cheaper over the long haul (cost per kwhr) and (2) there is no economic way to store solar power for those many hours of each day when the sun doesn't shine, while power demand goes up, or fluctuates widely. The sun shines about 1100 to 1500 hours per year in populated regions. Only in the desert, far from most population centers, do we get 2,000 to 2,500 hours of clear sunlight each year. Power transmission from such distant locations to populous cities loses a large % of the power generated. Long distance grid transmission is not very efficient.
    These flaws add up to uneconomic power which government must subsidize with scarce, reluctant taxpayer funds: Bad Economics!!
    30 Aug 2012, 04:29 PM Reply Like
  • only the strongest solar companies will survive. This is the perfect opportunity to gamble a bit on a few companies that may weather the storm. Solar cannot be overlooked and the sun will shine again on this industry.
    30 Aug 2012, 06:07 PM Reply Like
  • When the demand for Solar power in India goes up , so will the gain for First Solar an it's Investors.
    31 Aug 2012, 03:40 AM Reply Like
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