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Alias Born 05/03/2012

Re: BigBadWolf post# 9660

Thursday, 05/03/2012 6:48:04 AM

Thursday, May 03, 2012 6:48:04 AM

Post# of 17504
I think that is a fair reduction in the amount the Ontario Power Authority pays for solar and and wind power. A 20% reduction roughly since the launch a few years ago is still attractive since panel prices seemed to have dropped by more then 50%. Of course I doubt labour and other electrical components have dropped by 50% so I guess that is why they pick the 20 % reduction.

Based on this the OPA are still buying power at around .50 kw which is 4 or 5 times what most companies pay for electricity from their local supplier. So the business model of a solar developer like Atlantic WInd & Solar AWSL still seems pretty good. Not sure if I could say the same thing about solar panel manufacturers. That seems like a cut throat commodity business and likely why we saw big name bankruptcies over the years.

However, I am still down, but average down when I can. Not sure why someone pated asking if it is trading.since right at the top of this page it shows the last trade and daily volume. Since the posters question was in the subject line and ALL CAPS to get everyones attention I question the motives behind it.

Anyway. I am new to these boards, so good luck to all and lets hope the construction news on the 20 OPA contracts come out this summer as management says.


JL