Replies to post #485 on Satcon Technology Corp fka SATCQ

[Pennyhedgefund]

At the moment the US is the 4th solar market in the world, after number one Germany and China on 3rd. In 2011, the Chinese market rose from 7th to 3rd and grew from ~500MW to ~2.5GW. The US market grew from ~900MW to 2GW last year.

Jigar Shah calls the US market "a slow and steady market because it insists on providing only reasonable market based incentives for solar. This approach has resulted in a stable market with sustainable growth that should lead to a market of over 10 GW annually from 2016 and 25GW from 2020. 2012 will be a big year for New Jersey, Pennsylvania, Massachusetts, Maryland, Delaware, New York, and DC. New states will be coming online in 2012 as well including New Hampshire, Rhode island, Vermont, and Maine."

SATC have two partners in CHINA and they have 98% of its sales in USA.