2 posts and columns on solar demand

Voices

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.

Voices

First Solar: Are Their Customers Piling Up Inventory?

in News on December 12, 2008 at 10:03 am PT

Jonathan Hoopes of ThinkEquity concluded this morning that major customers of First Solar are sitting on what could be substantial inventory in their warehouses. Since it’s unlikely that impediments to solar market growth are lifting any time soon, or that said inventory’s going anywhere fast, he cut his price target from $175 to $105, and his estimated EPS for both 2009 and 2010.