Saturday, October 25, 2008

Goldman Sachs finally comes around to the impending solar glut...

"The risk of oversupply in the solar market will soon become a reality as considerably less generous demand subsidies take hold just as a wave of supply and tight financing hit the market," Goldman Sachs wrote in a note. "We believe that liberal subsidies of the past in markets like Germany and Spain are unlikely to be replicated in the future given fears of their ultimate cost in a bad world economy."


What took you guys so long? I've been saying this for months now. Wait; does this mean I am smarter than the "smartest guys in the room?"

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