by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Have things gotten that bad in the solar industry? Something has prompted Germany’s SolarWorld to state its intention of offering one billion Euros to acquire four production plants and one headquarters currently owned and operated by the Opel division of General Motors. The goal? To create Europe’s first “green” car company and–presumably–sell enough electric and hybrid cars to offset the dismal margins of the company’s core solar business. One would think there’d be other fish to fry.
by Eric Savitz, Blogger and Columnist, Barron\'s, Tech Trader Daily
Sunshine is free. Solar modules are not. But they are getting cheaper: UBS analyst Stephen Chin today revised his forecast for solar module pricing to down 20 percent from a previous estimate of down 14 percent.
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