From Tech Trader Daily:
The recent slide in solar module pricing is far from over, according to a Citigroup survey of U.S. solar installers.
Citi analyst Timothy Arcuri writes that his survey found module prices of $3-$3.50/watt at most installers over the last three months; he says the majority of those surveyed expected a decline of 10%-25% over the next three months, suggesting prices in the $2.50 to $2.75 range in the June quarter.
Arcuri says the installers “remain positive on the general demand outlook for solar” over the next 3 months, with most expecting a sequential increase in installations in the June quarter over the March quarter. But he also noted that most expect a flat-to-down quarter year over year...
...Meanwhile, Arcuri tweaked numbers on some solar stocks heading into Q1 results:...MORE