First Solar, SunPower downgraded by Goldman on solar fears

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October 7, 2008

First Solar, SunPower downgraded by Goldman on solar fears October 7th, 2008 LONDON (MarketWatch) — Goldman Sachs took a “cautious” stance on solar, lowering First Solar to conviction sell from buy and SunPower to sell from buy. “The risk of oversupply in the solar market will soon become a reality as considerably less generous demand subsidies take hold just as a wave of supply and tight financing hit the market. We believe that liberal subsidies of the past in markets like Germany and Spa
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