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To: robowombat

..............””I question how First Solar is going to profit in that environment,” Chew said. “............

Is that Chu, as in our esteemed director of energy that parceled out all this green money, or is it some other government lackey?


6 posted on 05/07/2012 1:52:14 PM PDT by Noob1999 (Loose Lips, Sink Ships)
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To: Noob1999

No an analyst for a private sector business analysis company:

Aaron Chew, an analyst at Maxim Group, notes that those projects have locked in relatively high power rates because they were designed before panel prices had fallen so far. Chew and other analysts worry that future projects won’t be nearly as profitable — and wonder whether First Solar will be able to win those big projects now that competing panels are as cheap, or cheaper.


7 posted on 05/07/2012 2:46:15 PM PDT by robowombat
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