As of this writing, the global economy is on an insane roller coaster and US stocks have lost $2.1 Trillion in the last week. Do we have any idea what this means for solar?
The recent problems began with news of a cooling Chinese economy, and
this is important to solar watchers for a number of reasons. Although
no one can say for sure how long the stock sell-off will last, some
solar market watchers are looking at the implications for the solar
industry in both the near and long term. Many investors are watching
companies like Trina solar, who are being dragged down with the rest of
the market, as good opportunities to buy and hold. Professional
investors at Seeking Alpha
believe that Trina, Junko and other Chinese solar manufacturers that
have sound financial fundamentals and are showing growth may be looking
at a strong rebound when the market finishes its correction.