Breakdown
- Some huge solar power developers are rushing to take advantage of expiring tax credits.
- Duke from North Carolina is banking 2 gigawatts worth of panels.
- Some estimate that companies will invest almost $30 billion in unsold panels.
- If demand weakens, prices drop, or technology advances, that investment could bring major losses.
Seems like a risky bet with prices falling as quickly as they are. Combine that with advancements in solar generation, and I don’t know I would make the same call.
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