Check out SOLR. We started following it at $10
soaring price
Tenacious
6/30/2011 11:18:22 AM
Guess you were right Steve. The share price is trending up -- fast.
Look at the Price
AskAsa
6/30/2011 10:39:13 AM
Wow. Have you seen how this has climbed? First Solar Inc. rose 6.5% to $137.85 today (6/30) as the biggest gainer in early action among components of the S&P 500. The Department of Energy awarded $4.5 billion in loan guarantees to three big solar energy projects sponsored by First Solar.
The U.S. is offering a conditional commitment for a $680 million loan guarantee to support the Antelope Valley Solar Ranch 1 project, conditional commitments for partial loan guarantees of $1.9 billion in loans to support the Desert Sunlight project, and conditional commitments for partial loan guarantees of $1.9 billion in loans to support the Topaz Solar project. First Solar is building a new plant in Mesa, Ariz. and recently expanded its plant in Perrysburg, Ohio.
Re: Sooo.
AskAsa
6/16/2011 10:48:35 AM
I wasn't aware of these differing technologies. It will be interesting to see how they pan out over time--whether the "better" product beats the "cheaper" one or visa versa. There never seems to be a clear correlation. Remember VHS and Betamax?
A lot of effort is going into building Concentrated Solar Power plants in the worlds's deserts. A 25 sq km facility of this type can produce about 50 MW of power. For comparison, the average coal power plant produces 667 MW of electricity. The output limitation for solar power means you have to look at the prospects for implementation very carefully.
I don't know, but if you read the post closely, I think you'll see some comments from folks who might to the effect that solar will always be supplemental to something. Let's hope it's not coal or nuclear. Maybe something out of quantum physics. So no, I don't think it's going to be the next big thing unless we have an unexpected technological breakthrough. But I'm not a scientist.Thanks for your comment.
Steve
Realistically, we are we going with solar? Is it really going to be the next big thing or is it just something to make us feel good, like reusable bags?
The observers of First Solar that I spoke with pointed out that there are times when space is not a big issue and therefore price is more important than efficiency. Second, for a blog post such as this I didn't have room to explore their R&D efforts, which might be extensive. I just don't know. Even if it is not, they are focusing on remaining a leader in a particular market segment (described above) which seems to me a reasonable strategy.
Steve
"First Solar makes its panels and modules with a less expensive process than most manufacturers, utilizing cadmium telluride (CdTe) as a semiconductor, instead of the more common crystalline silicon"
what do you sacrifice....expenses or efficiency? Which hurts the market the most? I would think that saving the money would allow them to spend more time with r&d to see why they can't be more efficient, but i guess not
Re: Go green
Scott
6/13/2011 8:39:38 PM
I agree that I find the seasonality thing a bit dubious. Is Q1 that much more wintery than the preceding Q4? Like, $42M more wintery? LOL But it does sound like the people at the wheel of this company unlike so many of these other sham green companies have their heads in the right place.
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