Praveen B. Kedar added a post

From: user 1.
Sent on: Thursday, June 10, 2010 11:35 PM
June Meeting Update:

Solar Energy is identified as one of key growth industries and will be analyzed in more detail during the next metup. We are looking for someone who has first hand experience with Solar economics. Some of the key drivers for this industry are:

1. Green Revolution.
2. Focus on Energy security.
3. High oil prices.
4. Government Incentives.
5. Regulation (carbon credits, mandate to utilities etc.)
6. Financing to reduce up-front costs.
7. Huge surge in Technology innovation and operational efficiency in recent years.
8. Price parity with grid expected by 2015.

Some of the top players with good balance sheet and profitability are FSLR, STP, SPWR.

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