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Solar power growth jumps to new record,,,,,,,,,,, so why are solar companies dropping like flys??? OH wait

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 14 Mar 12 9:02 AM | 32 view(s)
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I guess the dropped ones have gumpie involvement.......


y Matt Daily

(Reuters) - The national solar industry installed a record number of panels in 2011, more than double 2010, and is likely to see strong growth again this year, according to a new report.

Solar installers built 1,855 megawatts of photovoltaic projects in 2011 for a total of $8.4 billion, up from 887 MW in 2010, according to a report released by GTM Research and the Solar Energy Industries Association (SEIA).

The growth in U.S. demand comes as the makers of the panels that turn light into electricity have struggled to earn profits amid a glut of supplies on the global market that eroded margins.

The WilderHill Clean Energy Index , which includes shares of industry heavyweights First Solar (NSQ:FSLR - News), Suntech Power Holdings (NYS:STP - News), Yingli Green Energy (NYS:YGE - News) and Trina Solar , tumbled 49 percent in 2011. So far this year it has rebounded about 12 percent.

A record level of fourth quarter installations totaling

http://finance.yahoo.com/news/solar-power-growth-jumps-record-041433307.html?l=1




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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