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By Stacy Feldman
In a League of Its Own: First Solar Breaks the $1-a-Watt Barrier
First Solar, the “Google of Solar Energy,” Is Coming to America
Knocked Down But Not Out: America Could Be Global Solar Leader by 2014
First Solar broke the $1/watt barrier in the 4th quarter of 2008, not 2009.
German company should know better to get their production cost low considering China is now rapidly the leading manufacturer of solar power cells. I know Germany quality is better but if it's me I would still buy panels from China in order to compete the price tags from the grid.
Nowhere does this article state the conditions at the silicon producers that are taking the lumps from rapid price erosion for this main ingredient. And investors should consider whether those costs can realistically plummet like that going forward. Meanwhile First Solar costs continue to decline from quantifiable cost factors derived from lower cost Malaysian plant completions and spread of the lower costs through the sequential quarterly financial statements. Be very careful with the solar biz spin and transitory cost factors.
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