As the cost for crystalline solar PV panels falls toward the magic number of $1/watt, the cost of building a utility scale solar plant approaches the cost of building an equally sized wind farm. Add in the effects of subsidized renewable energy credits, and the wind turbine business could be in serious trouble.The situation doesn’t offer a lot of consolation for struggling solar PV makers like First Solar Inc. (NASDAQ: FSLR), Suntech Power Holdings Co. Ltd. (NYSE: STP), JA Solar Holdings Co. Ltd. (NASDAQ: JASO), and many others, but it does offer an alternative to wind turbine installations that have gotten serious pushback from local residents.
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