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| 文件名: ms 亚太新能源 7.pdf | |
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Next 3 years – Growth Resumption
􀂃 As global economy heals, global leaders will refocus on Clean Energy 􀀹 Positive Policy Tailwinds 􀀹 Renewed vows ahead of Copenhagen Summit in December 2009 􀂃 Increase in oil price and price of other fossil fuels 􀀹 Greater need for energy balance 􀀹 Positive sentiment for solar stocks 􀂃 At positive inflection 􀀹 FY09 the worst year for volumes and ASP’s 􀀹 Secular strong growth ahead 􀂃 Solar – Dislocation largely over … poised for inflection 􀀹 Sharp ASP declines => Demand Elasticity 􀀹 Industry now focusing on cost reduction and innovation 􀀹 Arrival of the Asian Age – Gain market share |
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