Solar market (NYSE:TAN) research and analysis firm?Solarbuzz released its quarterly report today, and unfortunately the report does not see solar industry woes ending anytime soon. Its 2012 forecast predicts manufacturing supply will continue to increase at twice the rate of projected growth in demand. The resulting over-supply is likely to lead to a shake-up in the solar industry, which is already facing pricing pressures.
Investing Insights:?Alternative Energy ETFs: The Top 10 Exchange Traded Funds for Investing in Alternative Energy.
The report states that production cutbacks are not likely to offset the supply from tier-one Chinese companies who continue to stick to their guidance for the second half of 2011. These shipments may exceed demand by a whopping 4.4 gigawatts. Yikes! Supply gluts suck.
Solar stocks to watch as the industry hits more hurdles: First Solar Inc. (NASDAQ:FSLR), Suntech Power Holdings (NYSE:STP), Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), LDK Solar Co. (NYSE:LDK), Canadian Solar Inc. (NASDAQ:CSIQ), JA Solar Holdings Co. (NASDAQ:JASO), MEMC Electronic Materials(NYSE:WFR), and GT Solar International Inc. (NASDAQ:SOLR), SunPower Inc (NASDAQ:SPWRA) and Trina Solar Limited (NYSE:TSL).
Don��t Miss:?Should Solar Stocks Fear a Weakening European PV Market?
Tags: 2012 Agriculture Stocks ,Best Agriculture Stocks To Buy ,Best Stocks To Buy ,Best Stocks To Buy 2012 ,Restaurant stocks ,IHOP, Applebee's owner is chock full o' risk
No comments:
Post a Comment