Wheras the oil, gas coal US lobbies are fighting US solar companies, China is winning the battle creating big capacity.
Solar manufacturers are set to boost spending for the first time in three years in 2014 as the market emerges from oversupply, according to energy consultant IHS Inc.
Spending on new equipment to make panels that convert the sun’s rays into electricity will grow 30 percent to about $3 billion next year, Englewood, Colorado-based IHS said today in a release. That compares with capital expenditure of $2.3 billion this year and is down from a record $12.9 billion in 2011.
Manufacturers in China, where most of the world’s panels are produced, are considering increasing capacity and are unlikely to outsource production because they’re adverse to sharing technology, IHS said.
“These developments support the IHS forecast for the resurgence of growth in capital spending,” Jon Campos, a solar analyst with the consultant, said in the release.
JinkoSolar Holding Co. and Trina Solar Ltd., both based in China, said in August they may increase production capacity. Canadian Solar Inc., which makes most of its panels in China, may build a 60-megawatt panel manufacturing plant in Indonesia.
Maria Joana? NO. Look JKS was upgraded by Credit Suisse. Generally it has good impact on stocks. SPWR is always under control lastly. They want to transform people in day traders till the day they will say no more money in the ystem.
More than obvious.
Soon we will see the green.
That is why I don't like them.
Exactly. They lower the price to buy cheap and to cover their shorts cheap. Simple like that. Only a good stcok with low volume and float may allow you this game. Only very, very big fishes may manipulate stocks with big float and volume, e g. GS. When GS say we upgrade FB to 50 this is manipulation of big stock with big volume.
It goes down 4% with now news.
No need to pump. All solars are recovering. Look at FSLR. Tomorrow we are green. Don't forget, for every seller, there is a buyer. There are no market with sellers only. Who buys believes in the stock.
What do you want to know more to choose SPWR? This is the natural choice, the same as to drink fresh, natural water!
Cybercrash218 told me to short TSLA and SPWR and I follow her.
I don't agree with you. TSLA will not go bankrupt but will reduce its stock value in a significant way.