TBTF or downward spiral

at FSLR (Sales Quarter Over Quarter Down 30%) .  New 52-week low, today.  Can USA compete with foreign built solar panels?

According to Bloomberg, the company that sold solar power at a record low in Chile in August sees prices going down even more at the country’s next energy auction in October.

“There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, said in an interview in Santiago. “Prices will possibly be lower.”

Please consider subscribing to my blog.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s