Tuesday, December 8, 2009

First Solar earnings dive



First Solar (NASDAQ: FSLR) earnings in Q3 plummeted, but First Solar as a business is still viable, which is laudable since most firms have struggled to get solar out of the red without heavy subsidies. It has always been my opinion that solar energy should be subsidized because of the economic benefit that goes beyond profits, but it's always nice to see a company do well without subsidies. If we're going to make a big push for green energy, we'll be able to convince more people the more our efforts can create jobs...and (gasp) even profits.

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