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  • Suntech Power: Now a Takeover Target
    The convertable notes are seen as a drag on the PPS however STP has stated that they are investigating all options as to how to deal with the convertable note issues. During their earnings CC STP said that they have very strong backing of Chinese banks and have sufficient lines of credit that they can draw from. I agree that the debt ratio is not favorable and that it will be a concern heading into 2009. The silver lining here is that STP recognizes that they need to come up with a solution as to how they will deal with the debt when its called in and have said that they are working on the solution to deal with this issue. It is of course Dr. Shi's best interest to calm the analysts views and provide a viable solution that will be met with positive sentiment from the investors and investment community. I suspect that STP will provide some answers as to how they will deal with this problem and it could be that they will either have a common stock offering that would IMHO not be in the best interest of the comapny as the markets are full of sellers and very few buyers however we could see some venture capital come to the aid of STP or we could see a loan from the Chinese govt of which could be derived from the $586 billion stimulus plan. The company has already stated that they are working on renegotiating their silicon contracts and plan to shelve expansion in 2009 which will save the company close to $100 million dollars. Hopefully within a few months STP will have an answer to to this concern and if the remedy is rec'd positively we could see some major upgrades and we could see a major uptrend as alternatives should see a resurgence to 2007 growth levels in 2010. The trick of course is to see how STP weathers the storm in 2008.
    Dec 11 09:38 am |Rating: 0 0 |Link to Comment |View article
  • Suntech Power: Now a Takeover Target
    The notion that STP is for sale is ridiculous. STP's Dr. Shi has very ambitious plans to be the largest solar cell company in the world and has been tight lipped about its thin film plant which will be operational by end of 2008. The thin film plant is projected to produce 50 MW. I know that Dr. Shi and Dr. Wenhem have extensive non-crystilline expertise as evidenced by their success of selling Pacific Solar which has patented CSOG technologies. I suspect that Drs. Shi and Wenhem are both working on 2nd or 3rd generation thin film. Funny that STP has been very tight lipped about what there R & D team are cooking up in the labs. It is also important to note and not to be overlooked is STP's collaboritive effort with UNIV of NSW regarding research of thin film technologies and although they are not the only company that shares its resources they are the biggest contributor of grant money than any other solar company with ties to the UNIV. The economic market contraction within solar is creating the perfect storm for solar innovation and R & D investment and I am hopeful that we will learn of some greater thin film conversion efficiencies in 2009 for I truly believe that STP has something major up their sleeve. Solar is now more attractive than ever with all of the tax incentives and feed in tarriffs that are in place and we should see more incentives as Obama makes alternatives a key part of his stimulus package. You would have to be absolutely nuts to sell your company when you are on the verge of 40% annual growth. Certainly 2009 will not be a banner year and many solar companies will struggle to survive however with continued conversion efficiencies, innovation and lower raw material costs it appears that those who do survive beyond 2009 will experience the greatest growth beyond their wildest imagination.
    Dec 09 15:47 pm |Rating: 0 0 |Link to Comment |View article
  • Three Solar Picks That Should Thrive, Even with Reduced Subsidies
    This credit crisis will be short lived in the US. I expect a major stimulus package to be enacted in the first Q which will be in the neighborhood of $500 billion I also expect a mortgage rescue plan to be enacted and that funds to accomplish this will be from the remaining $350 billion of the unused TARP. In addition Obama will invest heavily in green technologies and will further spurn solar with new feed in tarriffs which are common place in Europe. Obama will make alternative energy more of a collaborative effort with Europe and the emerging economies and we could see a major resurgence in the solar sector which will make this downturn look like a small blip. Let us not also forget that China will be providing more concrete details as to how it will invest their own stimulus package of $560 billion. The details concerning China's stimulus are expected in late November and could include some significant benefits to the Chinese solar industries in the form of added subsidies that may be targeted to the rural areas of China where electricity is still non existent today. This doom and gloom is greatly excaberated by the price of oil and this too will come to pass. OPEC continues to cut production and the production costs in the US are still too high for it too be considered as a future viable option. The US with only 3% of the worlds reserves needs to adopt a policy of which will be less reliant to Middle East Oil and I do believe that this transitional period that we are in has hurt the solar industry and that the constant negative news is keeping investors from enetering the market until the new President and his administration take office.
    Nov 19 13:12 pm |Rating: 0 0 |Link to Comment |View article
  • Four Chinese Solar Stocks Under Threat from Pollution
    The author is not making any sense. The cap and trade scenarios that will eventually be enacted into law by the US goverment in an Obama administration will likely follow suit in China. The author has the horse in front of the carrot and his logic is so way off key that you would have to say that this same thinking would advance the sale of SUV's and Hummers. Please use some common sense logic. Pollution created by fossil fuels will eventually be replaced by greener technologies and China has already made a committment to renewables and wind to date has been the biggest benefactor however solar will soon be at the door step to receiving added subsidy help from the Chinese goverment especially in the rural areas of China where electricity is non-existent. As the world turns to greener technologies the world's atmosphere will improve. You can bet that the US will have a cap and trade policy for coal and that China will also follow suit sooner than later. Your argument is a ridiculous one. It is truly amazing how brazen people have become with the drop of oil prices. 6 months from now growth will resume at its annual pace and with it will come $100 oil and renewed enthusiasm for solar investment.
    Nov 18 17:06 pm |Rating: 0 0 |Link to Comment |View article
  • Solar's Brightest Companies Named; Sector Outlook Is Dim
    The writer is can't make up his mind as to whether he is for or against the solar industry and makes a poor argument from both sides. To say that the PPS of solar companies dropped as a result of one conference is laughable. The expansion of alternative energy continues to gain momentum and I wouldn't be surprised to see Spain rethink curtailing its feed in tarriff policy for solar after Russia's recent invasion of Georgia. Secondly the oil ministers of OPEC recognize that they are in the home stretch of securing ridiculous profits and are only concerned about reshaping their own economies when oil is no longer the world energy of choice.
    Sep 08 10:51 am |Rating: 0 0 |Link to Comment |View article
  • Sarah Palin: Wall Street's Candidate
    Look I am a republican and believe that anyone regradless of race has the opportunity to be a success in the US and with that said I do believe that Ms. Pailin will make a very formidable adversary to the democratic ticket.

    What I will say now is that you are either on drugs or in need to wake up from your dream. Oil prices will never abate to $30-$50 a barrel and that is just pie in the sky dreaming.

    I read your article and found your enthusiasm to be genuine however you are unrealistic about the state of oil prices and need to come down to earth.
    Sep 04 12:40 pm |Rating: 0 0 |Link to Comment |View article
  • Three Reasons Solar Sell-off May Be in Early Innings
    You are a moron. Silicon prices are headed way down and in 2 years time grid parrity will have already been met in countries like Spain and Italy. Solar panel prices are headed down in lieu of lower silicon costs and better solar efficiencies. The price of oil even at $80 a barrel if it should make that far is still twice as high as almost 2 years ago. I suggest that you take your brains out of your ass and stop smoking crack for the basis of your article has absolutely no merit.
    Sep 03 10:28 am |Rating: 0 0 |Link to Comment |View article
  • Solar Stocks After Earnings: Suntech Up, ReneSola Down
    David you have it wrong. STP is the big fish in the supply chain. Suppliers have benefited solely upon the fact that silicon has been hard to come by and the prices have remained high. Silicon prices are expected to come down significantly and what you don't know is that STP has a game changing technology called Pluto which can convert low grade silicon to higher grade silicon of which will further reduce their costs and drastically improve GM's. When silicon is abundant in 2009 Renesola will have to scramle to keep its GM's up for the big fish in the market place will be able to negotiate even better terms than currently exist. Don't get me wrong Renesola will have significant growth in 2009 but without question they will see their GM's drastically reduced from their current levels and that will put pressure on the stock for the silicon business IMHO will be more commoditized than the PV business and in the end it will be the end product manaufacturer who will be the big winner. This is the reason why the large PV manufacturers will have the upper hand in 2009 and 2010 and why STP is in a much better market position with already having contracted for 900MW of silicon for 2009.
    Aug 21 09:53 am |Rating: 0 0 |Link to Comment |View article
  • How to Profit From China's Environmental Woes
    Clean Coal Technology is a myth. There is no such thing as clean coal. The fact is that you and everyone who believes that clean coal exists have been brainwashed by the coal industries promotion that coal can be a clean source of energy. Remember the cigarette pack ads and the surgeon warning. More and more states have a moratorium regarding building coal fired utility plants and within time they will all be shut down. Clean coal is nothing more than an advertising gimmick and apparently it has convinced some who haven't taken the time to truly understand that it is nothing more than a pipe dream.
    Aug 13 06:46 am |Rating: 0 0 |Link to Comment |View article
  • Even Persian Gulf States Are Moving to Coal
    I am laughing at the short term fix. Coal in the US will in the near future will have more restrictions and the green movement is here to stay and for now coal is popular in emerging economies simply because it is cheap and plentiful at the moment. I have no doubt that coal will go by the way of the dinousar and its inevitable especially in the US that it will face more and more restrictions and will eventually be extinct. Alternative energy is here to stay and for the moment has taken a minor setback. Silicon unlike coal is more plentiful and makes up one third of the earths natural resources. Silicon because of its recent refining scarcity has slowed down production because of price however that will soon change and with solar cell efficiencies improving it will be head and shoulders a better alternative to coal which for now may be the cheapest alternative but without question is the most harmful to the environment.
    Aug 09 09:19 am |Rating: 0 0 |Link to Comment |View article
  • Canadian Solar: The Next Solar Takeover Target?
    Analysts are not concerned about STP's growth curve for China will be there biggest market and they haven't even begun to ramp-up sales there in a big way. STP also has the lowest contract pricing of any Chinese solar for polysilicon so its growth rates will no longer be impeded as they were before. In addition to their PV and solar cell business they have thin film BIPV which in time will represent the greatest market potential for commercial and residential adoption and is more likely to see major innovation. STP will be more interested in aquiring any company with disruptive technologies of which can be integrated into their solar products so you are correct that STP would like to expand their business but purely from a R & D position for CSIQ does not offer STP any added innovation and therefore would not be considered a viable takeover candidate.
    Jul 14 09:46 am |Rating: 0 0 |Link to Comment |View article
  • Will U.S. Recession Lead to Solar Depression?
    Although your article was published in January I believe it has strong merit. I believe that solar will be the beneficiary of extended tax credits and because of the recent heightened awareness about escalating oil prices more pressure is being placed upon our goverment representatives to get something done especially with an election year around the corner. I doubt that many in the house or senate want to be known as obstructionists in helping our nation ween itself off Middle East oil. Although the solar industry is extremely volitile the companies that play in this space are all reporting record sales and profits. The recent discussion of lower subsidies in Spain and Germany has caused a major and unjust pullback and many of the analysts that cover the sector have also said that there are major free cash flow problems with many of these companies and that they will not be able to expand production because of the tightening credit markets. I don't foresee this to be a problem for there is sustainable demand for solar well into 2010 and beyond and with silicon prices soon to come down it will significantly increase the adoption rates and bring solar to grid parity no later than 2012. Any disruptive technology that offers significant benefits will most certainly have its infancy problems just like any major industry that gets off the ground. Fact is that major venture capital is pouring in at record levels and huge technology companies like Intel, IBM, Applied Materials just to name a few are rushing in just like the miners did during the gold rush. More and more large solar projects are coming online and more are being contracted with major utility companies and it is just a matter of time before every major oil company with the exception of BP and Shell will recognize that "if you can't beat them then join them"
    Jul 11 20:31 pm |Rating: 0 0 |Link to Comment |View article
  • My Top 5 Alternative Energy Stocks - and 10 Honorable Mentions
    Wind power FYI is not a commoditized business its just not practical considering the huge amounts of land needed and the time needed to manufacture the product. GE can't produce the turbines needed fast enough and now the only alternative for wind to gain interest and investment is for smaller turbines otherwise wind is dead. You can take that to the bank.
    May 13 15:56 pm |Rating: 0 0 |Link to Comment |View article
  • My Top 5 Alternative Energy Stocks - and 10 Honorable Mentions
    I am realy surprised that you discounted Suntech Holdings. Disruptive technology means nothing unless it has a significant TAM. Suntech's scalability and production advantages are too heavily discounted here simply because they can retrofit their production lines quickly and at much lower cost efficiencies than most of their competitors. The biggest reason why you should of had them on your list is simple "economies of scale". Suntech has the most to gain over and above all other solar players because it has yet to ramp-up production for use within China and India. The most cost effective solution will always win in the end. Just like Mercedes appeals to a certain demographics Toyata appeals to a much wider demagraphic simply because it is a great product at half the expense of a Mercedes. In addition it is important to note that companies with significant cash flow such as Suntech can also add any technology like BIPV with MSK purchase and incorporate their own thin film technology of which Dr. Shi has many other patents but sees the BIPV commercialization with thin film integration to be the emerging technology winner for massive commercial and residential adoption. The best is yet to come and you can expect some exciting breakthroughs with the BIPV.
    May 13 15:08 pm |Rating: 0 0 |Link to Comment |View article

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