North Coast Solar Stocks

November 25, 2008

Solar Energy’s Sunny Side

Filed under: AAPL, AMAT, FSLR, PCG, SPWR, STP — Tags: , , , — Jason @ 12:00 am

Josh Suskewicz, 11.25.08, 12:00 AM EST

The credit crunch is putting the breaks on the plans of many solar companies. The survivors will be those with disruptive technologies.

Evolving energy industry dynamics continue to propel solar power up a truly compelling disruptive trajectory. As the signals become increasingly clear that solar will indeed be a significant energy technology, billions of dollars of investment have poured into solar technologies, and the pace and scale of innovation has exploded.

The money flowing into solar is funding the development of distinct–and soon-to-be competitive–technology classes. All the while, the value chain is maturing as businesses targeted at unique links in the solar power ecosystem spring up and established players integrate backward and forward.

The industry is still young, and has not yet settled on a dominant technology or business model. That leaves it particularly vulnerable to the current financial crisis (so vulnerable, in fact, that CNBC-TV stock picker Jim Cramer recently called solar “done”).

We still believe in solar’s potential, but recognize that the crunch will hinder the industry’s aggressive, capital-intensive expansion plans and could also lead to a reduction in the government subsidies that have supported the industry as it has grown. A shakeout is looking inevitable.

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June 16, 2008

As energy costs soar, US looks to solar

Filed under: AAPL, ASTI, ESLR, SPWR, STP — Tags: , , , — Jason @ 5:00 am

Monday, June 16, 2008

Jason Szep
BOSTON – Reuters

Apple Inc is considering harnessing the sun to power its iPod music players. California’s Ironwood prison is installing more than 6,000 solar panels, and Boston’s Fenway Park is tapping solar power for Red Sox baseball games.

After decades on the fringe, solar power is closing in on America’s mainstream as surging fossil fuel prices and mounting concern over climate change spur states, businesses and homeowners into a quickening embrace with alternative energy.

Panels bolted to roofs to convert sunlight into electricity are still too expensive in most regions to compete with cheaper, less environmentally friendly fuels like coal without generous subsidies. Solar’s high costs have kept the resource out of reach for many residences and businesses,.

But not for long, industry analysts and scientists say.

The tipping point at which the world’s cleanest, most renewable resource is cost-competitive with other sources of energy on electricity grids could happen within two to five years in some U.S. regions and countries if the price of fossil fuels continues to rise at its current pace, they add.

“In the long run — as in two to three years — you should see competitiveness especially with the grid in a number of regions in the world,” said Vishal Shah, an analyst who tracks the industry at U.S. investment bank Lehman Brothers.

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