First Solar: Civilizations Die Before The Sun
Summary
- The potential policy headwinds from the OBBBA related to solar power are real in the long term, but ironically they could boost near-term returns and allow First Solar to dominate.
- I'm not naïve about the fact that there will be a cyclical downturn eventually, but I'm eyeing up a $290 price within the next 12 months. At $250, I'll reassess.
- Solar power is going to rise in cycles. It's the most important energy asset of the modern age, and First Solar will be front and center in the U.S.
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