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Solar: Have We Hit the Bottom in Demand?

in News on February 10, 2009 at 12:40 pm PT

Has solar demand–and the slide in solar shares–finally hit bottom? The solar analysts at Merrill Lynch think so. In a piece authored by analysts Lu Yeung, Vincent Chow, Matthew Yates and Steve Millunovich, Merrill this morning asserts that “improving second derivative trends” suggest the industry is headed for a cyclical bottom.