• 4 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 6 minutes UAE says four vessels subjected to 'sabotage' near Fujairah port
  • 9 minutes Why is Strait of Hormuz the World's Most Important Oil Artery
  • 13 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 5 mins California's Oil Industry Collapses Despite Shale Boom
  • 4 hours Knock-Knock: Aircraft Carrier Seen As Barometer Of Tensions With Iran
  • 9 hours The Consequences: Full-Blown Trade War Will Push World Towards Recession
  • 3 hours Will Canada drop Liberals, vote in Conservatives?
  • 4 hours UK Needs New Wind Turbines
  • 9 hours IMO2020 To scrub or not to scrub
  • 31 mins Shale to be profitable in 2019!!!
  • 10 hours Did Saudi Arabia pull a "Jussie Smollett" and fake an attack on themselves to justify indiscriminate bombing on Yemen city population ?
  • 12 hours Global Warming Making The Rich Richer
  • 12 hours California Threatens Ban on ICE Cars
  • 11 hours Greenpeace Blocks BP HQ
  • 6 hours Wonders of Shale- Gas,bringing investments and jobs to the US
  • 4 hours methanol fuel cells
  • 6 hours Apartheid Is Still There: Post-apartheid South Africa Is World’s Most Unequal Country
  • 6 hours Australian Voters Reject 'Climate Change' Politicians
  • 10 hours 6 Ways to Fight Climate Change
Alt Text

A Unique Play In Solar

As the stock market has…

Alt Text

Is Solar Growth Really Lagging?

California is looking to pass…

Alt Text

Who Is Winning The Offshore Solar Race?

Some of Asia’s biggest economic…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Trending Discussions

Darwinian Downsizing in the Solar Industry

The solar industry is suffering some 19th century Darwinian style competition, with Chinese manufacturers Suntech (STP) and Yingli Green Energy Holding (YGE) clearly dumping panels in the US and Europe below cost to gain market share.

You may laugh, but I watched the Japanese pursue the same strategy in the seventies and eighties with a vast array of products, from cars to memory chips, to devastating success. They now control half the US automobile market, and the most profitable half at that.

As a solar consumer I shouldn't care, as the 50% price drop has, with Obama's generous tax subsidies, made new installations cheaper than obtaining electricity from my local power company (PGE) at 12 cents a kilowatt. It's just a matter of booking the profit in China instead of Phoenix.

But the predatory pricing has also kicked my beloved First Solar (FSLR) in the shins. Use the weakness to pick up (FSLR) on the cheap. The company is using advanced cadmium telluride based thin film semiconductor technology, which has enabled it to match the Chinese price cuts dollar for dollar, and the engineering will allow them to continue to do so. The Chinese, wedded to an older polysilicon product, can't keep playing this game, unless they want to hemorrhage cash, or face US anti-dumping enforcement.

By. Mad Hedge Fund Trader




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News