Earlier this week, I shared the news of profits and growth in the order Premarin cheap overnight wind industry. And yesterday, a key solar company reported outstanding profits as well. First Solar reduced its manufacturing cost per watt more than 5% to 93 cents per watt last quarter.
Grid Parity by 2011?
Such cost reduction puts them on track to order Premarin cheap overnight more than achieve their goal of 65 cents per watt by 2012. In fact, if their costs fall 5% per quarter through the order Premarin cheap overnight rest of 2009 and in 2010, they would reach 65 cents per watt by January 2011. Such a order Premarin cheap overnight price would probably translate into grid parity in 2011 as long as solar installers can order Premarin cheap overnight reduce their costs as well.
Profits More Than Triple 1st Quarter 2008
First Solar reported profits of $165 million ($1.99 per share), versus 2008′s $47 million (57 cents per share). First Solar’s stock price has so far shot up 25% on the news to almost $190.
As a order Premarin cheap overnight low-cost leader, First Solar is doing much better than many of its peers who order Premarin cheap overnight have falling profits due to the recession.
Bottom Line: First Solar is order Premarin cheap overnight showing the world that solar can compete even in a order Premarin cheap overnight low energy price future. A few more quarters like the order Premarin cheap overnight last one for them, and grid parity will become a order Premarin cheap overnight reality for solar in many of the world’s electricity markets.
I don’t own any First Solar stock, though I wish I did 
Onwards to a climate-friendly energy future-
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