Solar Winners and Losers: First Solar

A report in Barron's says cheaper silicon prices could hurt First Solar and Energy Conversion Devices.
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Shares of

First Solar

(FSLR) - Get Report

were lower by 6.8% Monday following a report in


that cheaper silicon will hurt the Phoenix-based company's competitive advantage.

First Solar was down $9.96 to $137.40. Barron's said that a main selling point of panels sold by First Solar and

Energy Conversion Devices


was that they used little silicon, and hence were cheaper than traditional panels. Energy Conversion was down almost 13%, or $2.03, to $13.74.

Bill Alpert wrote in


Monday that: "A key selling point of thin-film panels is their reduced use of costly materials like silicon: a 97% reduction, in most thin-film technologies. Now that silicon is cheaper, First Solar is hustling around to investor conferences explaining how it aims to fly under silicon's descending cloud ceiling."

Solar stocks got a boost last week following a report in


that the Chinese government would provide more support for its solar industry.

Most of those companies were giving back gains today.

JA Solar


shares were lower by 14.2%, or 56 cents to $3.37.

Solar Fun Power


was down 10.5%, or 49 cents to $4.18.

Suntech Power


was down 8.8%, or $1.02, to $10.63.

LDK Solar


was down 8.9%, or 60 cents to $6.55.

Green Plains Renewable Energy

(GPRE) - Get Report

, based in Omaha, Neb., was a bright spot as its shares were higher by 1% to $3.