rockymtnway

Sustainable Energy After the Correction

I'm fairly heavily weighted in the sector and I'm no long optimistic. The biggest spenders on solar in the last few yearrs have been Germany and Spain; two countries with very serious economic problems right now. I just can't see the governments continuing to put expensive incentive plans on the table in the 2010 budgets.

Also, as the markets have crashed, so has gone the money to buy that new set of panels. The same pool of money that goes toward early retirement goes to invest in lowering my utility bill.

While I was hopeful just a year ago, we are in a completely different landscape and I think you can't go based on current or projected earnings when looking beyond existing contracts for future revenue.