Sunshine is free. Solar modules are not. But they are getting cheaper: UBS analyst Stephen Chin today revised his forecast for solar module pricing to down 20%, from a previous estimate of down 14%. Chin says the recent move by the government in Spain to cap its solar subsidy program will move solar module volumes to other markets, including Germany and Japan, where lower pricing is required to generate favor returns for solar system buyers. The revised Spanish solar subsidy program will cut installations in Spain to 300MW next year, from an estimated 1.2GW this year....MORE
And:
Applied Materials: FY ‘09 Ests Way Too High, RBC Says
Applied Materials (AMAT) shares are trading modestly lower heading into the company’s announcement tomorrow after the close of earnings for its fiscal third quarter ended July. The Street is looking for $1.84 billion in revenue and EPS of 14 cents....MORE
