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Solar stocks are weak after Jefferies lowers its outlook for the sector due to increasing wafer...

Solar stocks are weak after Jefferies lowers its outlook for the sector due to increasing wafer costs and a weak pricing environment for solar panels. The firm downgrades JA Solar (JASO -4.4%), Hanwha SolarOne (HSOL -4%), Canadian Solar (CSIQ -3.3%) MEMC Electronic Materials (WFR +0.5%), and SatCon (SATC +0.1%).
Comments (1)
  • Clean Energy Intel
    , contributor
    Comments (625) | Send Message
     
    Canadian Solar still too exposed to Europe with 76.6% of its revenues due to the European market in Q2 -

     

    www.cleanenergyintel.c...

     

    One more flush down and it seems worth buying some solar stocks. However, Canadian Solar's geographical concentration makes other solar bets look more attractive.
    17 Aug 2011, 09:32 PM Reply Like
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