Tuesday, December 02, 2008

Crappy Weather In Germany To Hurt Solar Producers
See, now, this is the problem with government-led green energy initiatives. Germany has been one of the biggest boosters of solar energy, so much so that on conference calls, companies like First Solar (FSLR) spend a lot of time talking about where things stand with German subsidies. But German weather sucks. It's Western Europe. Grey, cloudy, rainy, etc.
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As noted, the inclement weather is only part of the weather issue. The main thing is that Germany was never going to be a natural country to capture solar energy efficiently cause of it's overall climate. But stillborn industries are common when the government takes it on itself to foster them. Think ethanol. Or think when Castro decided that Cuba should be a steel powerhouse.

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