As usual, the demise of the European solar market has been wildly blown out of proportion. Last week, First Solar
Investors have been concerned for years that feed-in tariff cuts and government budget difficulties would dampen demand for solar but it has yet to materialize. Analysts are saying First Solar is already sold out for 2011 nearly four months before the year starts, so it's easy to see demand picking up for other manufacturers.
First Solar is the industry's cost leader and my pick to stay on top if 2011 got tough for solar. Now that we know demand is picking up, it's time for investors to get bullish on Yingli
This may also give Evergreen Solar
In other news, JA Solar
I've been cautiously optimistic solar demand would exceed expectations in 2011 and now it appears to be materializing. The U.S. market is also primed to pick up as regulators begin to approve projects. With some analysts projecting solar will reach grid parity in certain markets by 2013, the solar boom is really just beginning. It should be an exciting year for solar.
More on Solar:
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