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First Solar, Inc. Message Board

  • lazee_patel lazee_patel Feb 2, 2013 9:54 AM Flag

    Why did most solar stocks took such a beating?

    Green energy is the future of energy. Solar panels are made of sand and are relatively cheap to produce. I see solar panels being put up all over my state of New Jersey. Yet most of these stocks got hammered, have negative earnings, and have even gone under. Why?

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    • 2 main reasons - major reductions in subsidies in europe due to financial crisis and illegal chinese dumping of cells for the past 3 years. both of these issues have been addressed with u.s. and e.u. (coming) tariffs on chinese solar imports and strengthening demand in many markets outside of the e.u. conclusion - 2013-4 should be great years especially for end-to-end solution providers in large -scale projects like fslr

 
FSLR
56.9775-0.3625(-0.63%)10:44 AMEDT