Let’s all take a breath. This talk about a global solar meltdown, emerging market collapse is a giant over reaction. SunEdison is leaving the UK not because of any internal problems. It is leaving because the Conservative party in the UK has decided to cater to fossil interests and eliminate all markets for solar. The stock price of solar stocks has come down because Wall Street operates on feeling and not reality. Who knows if the yieldco is the right strategy? But at the end of the day solar projects have cash flow and whether a cash flow comes from mortgages, airplane leases or solar plants, investors will want to own the cash flow stream.
- PV-Tech: SunEdison reduces project completions guidance by 20% and exits UK market
- Fortune: Solar startup to build big factory in upstate New York
- Star Tribune: Stalled Xcel solar garden program in Minnesota may end up in court
- AZ Central: Arizona utility regulators – We won’t abstain from vote on APS solar fees
- Denever Post: NREL cutting 4% of workforce, lays off solar researchers
- Seeking Alpha: SolarCity’s Threats Are Not A Huge Problem For Chinese Solar Companies
- PV-Magazine: Australia drops anti-dumping case against Chinese solar firms
- Greentech Media: SunEdison Seeks to Reassure Investors About Its Growth Path
Opinions
Have a great day!
Yann