Solar Rebound Beating Dot-Com Recovery as Demand Surges

By Ehren Goossens - Oct 31, 2013 1:35 AM PT Solar industry manufacturers are rebounding from a two-year slump faster than technology companies recovered from the dot-com bubble of the late 1990s. The benchmark BI Global Large Solar Energy Index of 15 manufacturers, which slumped 87 percent from a February 2011 peak through November 2012, has regained 55 percent of its value in the past year. The technology-dominated Nasdaq Composite (CCMP) index reached its post-bubble low in October 2002 and regained 37 percent of its March 2000 peak value in the next year, according to data compiled by Bloomberg. An employee of SunPower Corp. trims the edges and checks solar panels at the SunPower Corp. module manufacturing plant at Flextronics in Milpitas, California. Photographer: David Paul Morris/Bloomberg
See rest of original article