vitamin_j

3 Reasons To Be Bullish on Solar Stocks - Cowen

Well, we give the oil companies billions in direct subsidies each year, and I hear they're at least breaking even. And you don't see us spending 500 billion per year, plus 150 billion in supplementals, on a military and navy in order to secure silicon. So at least some of our huge defense spending is an indirect subsidy. You also don't see us placing any value on carbon emissions - how much do you want to bet we're going to keep that policy in place?

Right now solar is a victim of its own success. Once the industry actually has the refined silicon to supply it, not just the semiconductor industry, then grid parity's getting close. The industry talk is generally 12-18 months for the silicon, and three to five years for grid parity pricing. There's your horizon.