dicki31785

Flummoxed by Solar Market Action?

I Actually have a preliminary version finished just with total MW installed in the EU (inc. Sui):

2007 1545.19 MW
2008 2190-2290 MW (41.0%-48.2% growth)
2009 2510-4000 MW (14.6%-82.6% growth)

2009 Their is certainly a lot of uncertainty as one can see by that huge low(2510) to high estimate(4000) difference of 1490 MW. The low number of 2510 is including the 300 MW scenario for Spain. And quiet the low Germany estimate of 1.3 GW of PV....And also very conservative estimates concerning France and Italy....Showing even with those estimates included their would still be growth in the EU zone of 14.6%...and then consider that worldwide subsidies will greatly expand and then you still have at a bare minimum growth rates of 20-25% and that is the worst case scenario....

So I feel pretty good about the sector at the moment actually...kept on buying CSIQ and TSL and diversified a little bit so I am pretty much strapped for cash in the short term...but I think solars may have found a bottom and if FSLR presents well after hours today....this could be a well deserved good week in the sector and maybe a start of a bull run if Spain announces something before their summer holiday....with kind regards CW