Tuesday, September 9, 2008

Solar Up or Down?

Solar Shares Collapsing; Where’s The Bottom? from Barrons,

or

a Press Release Examine the Global and China Solar Polysilicon Industry 2008 ... MarketWatch - 2 hours ago The rising price of oil is pushing the solar energy industry towards new highs. People are choosing fuel ethanol, solar water heaters and solar batteries.

My guess, the drop in the price of oil has made Solar less interesting, and there is a feeling there will be further drops in the price of oil. As well as the lack of action by the US congress on an renewable tax credit, stronger dollar, and high poly silicon prices.

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