BrightSources’ recent pull out from an IPO has some pointing to yet the latest spat of bad industry news. Yet, Raz Godelnik from triplepundit.com believes otherwise and explains why. Money quote:
“The mood in the solar-power industry now is ‘doom and gloom, except for those who refuse to accept that there’s something to be gloomy about,’ Paula Mints, a solar-market analyst at Navigant Consulting in Palo Alto added in The Wall Street Journal. But is there really a reason here for this negativity? I don’t think so.”