That was to be read to the tune of “Speed Racer.”  If this makes no sense….check out the video below.

Consolidation is happening fast – and those with cash…. win.

Following their big announcement last week of breaking the $1/watt barrier, this morning First Solar announced that it has bought up OptiSolar’s deal pipeline for a cool $400M.  While this is truly huge news, that OptiSolar was going to sell its projects should not come as too big a shocker given OptiSolar’s slashed its headcount by 50% and decided not move ahead with it’s central valley production facility.

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Yesterday, First Solar announced it had reduced its manufacturing cost for solar modules in the fourth quarter to 98 cents per watt – that is big news because the company won the race to produce under the $1 per watt price barrier.  This news didn’t come as a surprise to many, and perhaps we can get Brad to write a note about the true significance of the announcement.

Other big news was PG&E’s proposal for 500 MW of solar PV – half of which PG&E would develop on its own.  This is worth noting because traditionally Investor Owned Utilities (IOUs) in California, like PG&E, have had to rely on Independent Power Producers (IPPs) since the deregulation of the State’s energy market in the 1990’s. 

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