Having just returned from Solar Power International, the largest american solar energy trade show, it was a bit frightening to think that so many companies are going to go under because they don’t have the financial backbone to last during this low-balling-price-dropping cycle.
Reading the article gives hope that demand is going to simply create a natural rebound for the pricing and profitability. This might indeed be a good time to buy some stocks in the sector.
If indeed California can get 20% of its power in 2020 from renewables, that would be amazing. I say we move to 40% by 2030 and over 50% by 2040. That would be game changing on the geopolitical forces that are as important as anything in the energy field.