OK, revise that estimate. Nigel Morris (head of BP Solar Australia?) blogging on the SLX website http://www.silexsolar.com/blog/?cat=1 notes Australian PV installations heading to 300MW in 2010!!!!, over double what SLX was predicting at the opening of the Australian exhibition at World Expo in Shanghai.
Also Clean Energy Council of Australia points to greatly increased competition in Australian PV install market with consequent shrinking of profit margins and shaking out of operators without excellent supply chain management and customer relationships (SOO yeah!).
I will up my EPS for SOO to 2.5cents per share in 2011.
GOE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
