From The Stock Masters
Great article about how solar power will be cheap enough to compete with carbon-generated electricity, even in Britain, Scandinavia or upper Siberia within 5 years. In a decade, the cost may have fallen so dramatically that solar cells could undercut oil, gas, coal and nuclear power by up to half. Yes sir, soon enough solar power will power all the machines and then, the machines will run the earth and destroy mankind. We made that ridiculous claim when we spotlighted Evergreen Solar (ESLR) back in October. ESLR is up 5% today but the share price has fallen almost 40% since February 2006. It’s been a difficult ride for ESLR and last week Evergreen disappointed Wall Street by reporting a wider Q4 loss and forecast another loss in Q1 06. This month Evergreen got a new CFO, Michael El-Hillow and they are presenting at the Alternative Energy Symposium today in New York along with some other major players. Still, the solar debate continues and this a article has some great points. Article at Telegraph.co.uk…
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