Thursday, August 28, 2008

Solar power Silicon rally

Solar power Silicon rally from this weeks Economist.

Key Points:
  • German increased demand that caused Silicon to go from $25 to $250 per kg.
  • Increase in Silicon caused solar panel price to stop dropping temporarily.
  • HSBC predicts solar to increase volumes by 45% a year.
  • It's hard to deal with 45% per year growth.
  • Silicon Producers have been hesitant to expand production due to uncertainty over growth prospects.

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