The Solar Industry
Yves has a post about increased competition on solar energy. I actually had a solar underperform that I closed out this week, positive, after going about -200% for a while.
From what I had read about the solar industry when I was looking at those stocks was the conversion rate was around 10%, which was considered wonderful given conversion rates were in the 1% range.
I don'thave the source, but an article I was reading said China is up to 15.6% conversion rate with their technology and the estimates on price was that it was now competitive with current sources of electric energy. Add to that the lower wages in China and Germany's solar industry will be taking a big hit.