Solar: Street Feeling Upbeat After Intersolar Conference

It’s a nice day for the solar sector, which is getting a boost from a flurry of analyst comments following the recently completed Intersolar trade show in Munich. “By the end of Intersolar, we sensed growing, albeit cautious optimism,” Cowen’s Robert Stone writes in a research note this morning.

Solar: Cowen Chops Estimates; Sees Slower Global Growth

Cowen analyst Robert Stone this morning cut estimates for the solar sector across the board, asserting that Street estimates for at least the first half of 2009 are too high, and there could be further downside if project credit conditions do not improve. Project financing seems to be the issue rather than the cost of individual panels.

Solar Shares Jump; Senate Adds Solar ITC to Bailout Bill

Solar industry shares are off to a rousing start this morning on news that the Senate plans to add the stalled “tax extender” legislation, which includes an eight-year extension to the solar investment tax credit to the pending bailout bill for the financial sector.