Auriga on Solar Photovoltaics: Job Losses from Import Tariffs on Chinese Solar cell/modules Make No CASE
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Rating Summary:
37 Buy, 18 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 7 | New: 77
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Auriga on Solar Power/CleanTech: Solar Photovoltaics: Job Losses from Import Tariffs on Chinese Solar cell/modules make no CASE
Auriga analyst said, "The solar PV landscape is global in scope and subject to industry/competitive dynamics of supply, demand and pricing on a worldwide scale, but it is local in terms of economics that tie it to vagaries of the local markets from solar irradiance to policy, to electricity pricing, to customer profile, to financing, and to other variables. The on-going U.S trade investigation against Chinese solar cell/module imports for anti-competitive and unfair trade practices has accordingly generated a lot of heated commentary in terms of its negative impact on U.S. solar PV installations and consequently on jobs. Below we dissect a recent report sponsored by the Coalition for Affordable Solar Energy (CASE), an anti-tariff solar industry group, which is causing investor concern. We believe U.S. market demand will see some pressure if import tariffs are imposed, but not the extreme level the study implies."
Solar stocks include: First Solar, Inc. (Nasdaq: FSLR), Y,ingli (NYSE: YGE), Trina Solar (NYSE: TSL), SunPower (Nasdaq: SPWR), Suntech (NYSE: STP), JA Solar (Nasdaq: JASO), LDK Solar (NYSE: LDK), Renesola (NYSE: SOL)
Auriga analyst said, "The solar PV landscape is global in scope and subject to industry/competitive dynamics of supply, demand and pricing on a worldwide scale, but it is local in terms of economics that tie it to vagaries of the local markets from solar irradiance to policy, to electricity pricing, to customer profile, to financing, and to other variables. The on-going U.S trade investigation against Chinese solar cell/module imports for anti-competitive and unfair trade practices has accordingly generated a lot of heated commentary in terms of its negative impact on U.S. solar PV installations and consequently on jobs. Below we dissect a recent report sponsored by the Coalition for Affordable Solar Energy (CASE), an anti-tariff solar industry group, which is causing investor concern. We believe U.S. market demand will see some pressure if import tariffs are imposed, but not the extreme level the study implies."
Solar stocks include: First Solar, Inc. (Nasdaq: FSLR), Y,ingli (NYSE: YGE), Trina Solar (NYSE: TSL), SunPower (Nasdaq: SPWR), Suntech (NYSE: STP), JA Solar (Nasdaq: JASO), LDK Solar (NYSE: LDK), Renesola (NYSE: SOL)
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