”We maintain our bearish view on solar and wind turbinemanufacturers given the persistence of overcapacity that is likely to put morepressure on prices and profitability,” Bofa Merrill Lynch said in a note toinvestors.
According
Bank of America Merrill Lynch said it believes it could take one more leg down in pricing to stimulate sufficient consolidation for the solar and wind energy industries to tighten.
”We maintain our bearish view on solar and wind turbinemanufacturers given the persistence of overcapacity that is likely to put morepressure on prices and profitability,” Bofa Merrill Lynch said in a note toinvestors.
According