Sunny Days Ahead for Solar Industry - Equity Research on First Solar and JA Solar
HONG KONG, March 2 /PRNewswire/ - Today, www.WorldStreetFundamentals.com released its report highlighting solar leaders First Solar, Inc. (NASDAQ:FSLR) and JA Solar Holdings Co., Ltd. (NASDAQ: JASO). Industry analysts are calling for grid parity as early as 2012. Investors from around the world are invited to view fundamental and technical analysis at www.WorldStreetFundamentals.com.
Technological advances in manufacturing, economies of scale, and increased efficiency of photovoltaic products continues to drive decreasing costs and prices within the solar industry. Grid parity, the point at which alternative renewable electricity is at least as cheap as grid power, is already a reality in some states. First Solar is estimated to have achieved close to grid-parity results on its Boulder City project, developed for Sempra Generation, with estimates under $0.10 per kilowatt hour. Costs were amortized over the anticipated life-span of the installation to derive this estimate.
Market demand for solar energy has experienced steady growth over the past 20 years, averaging +30% growth year over year. The introduction of grid parity is expected to increase demand moving well into 2020. Industry experts have coined a new phrase, "accelerated exponential growth", whereby the rate of growth increases exponentially. "Accelerated Exponential Growth is a very real possibility, as consumers presented with a no-cost choice of fossil fuel versus clean renewable energy, will often opt for the later."
World Street Fundamentals has highlighted First Solar Inc. for its recent strategic acquisition of RayTracker, an efficient single-axis tracking system developer. The acquisition introduces a new customer base and brings quality additions to its engineering, procurement and construction team. To read the report on First Solar Inc. (NASDAQ: FSLR), visit www.WorldStreetFundamentals.com.
JA Solar Holdings is a globally diversified manufacturer of high-performance solar cells based in People's Republic of China, primarily dealing on a B2B basis. Despite strong earnings above analyst expectations, investors appear to be reacting negatively to reported margins in fourth-quarter results, which fell below its historic 20% baseline.
To view fundamental and technical analysis on these two industry leaders we encourage investors to visit: www.WorldStreetFundamentals.com.
About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets around the world.
SOURCE World Street Fundamentals
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