bzh1111

Solar Stocks: Cutting Back on Three Names

interesting read all this comments. Take FSLR for example, one thing I can tell is who is talking about mass production? no one...why? because as soon as the production will ramp up, they will find that thin film faces the same material shortage as PV...Tellurium and Cadmium. Good luck with FSLR after market.

Solar Stocks: Cutting Back on Three Names

SOLARWORLD RISES AS MUCH AS 7.9% ON SPECULATION GE MAY BID - bloomberg news

Solar Stocks: Cutting Back on Three Names

Spanish update on bloomberg everywhere...if you don't have bloom:
"Spanish Proposal Update: The Spanish national energy commission (CNE) today announced that the there would be no cap to installations in Q408, although the new 33c/kWh tariffs would be applicable. The CNE proposed that the new cap of 300MW would be effective from January 2009 (250MW for ground-mounted and 50MW for roof-mounted versus earlier proposal of 200MW roof-top and 100MW ground-mounted). CNE's response and preliminary checks with contacts today suggests that there could be some room for further negotiation and the 300MW cap may not be a done deal. The CNE proposal would be sent to the government this week (last week before the summer holidays). "

Solar Stocks: Cutting Back on Three Names

not sure I am following you. Subprime exposure to chinese names? you should drop technicals and start studying fundamentals. Could you please be more specific on this info. Stocks rallied with the Spanish proposal update. Truth is, few investors really understand this sector correctly, YGE for example will be exposed to Spain at less than 10% in 2009. You should also have a look at the supply and demand for PV that are currently used by major Analysts (GS, Citi...): Luxembourg and China have the same demand by 2012...(?!!!). Technicals were great last month. Time to come back on fundamentals now. How can you talk Subprime exposure for Chinese solar names...amazing...

Solar: Spain Subsidy-Slashing Rumors Send Stocks Lower

Thanks for the market highlight. YGE and a lot of Chinese ADR have a limited exposure to spain (YGE 13% of the revenues). Watch ESLR results after the market.