Paul Leming News
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Solar stocks rose on anticipation that lower-than-expected subsidy cuts in Germany will spur demand while an oversupply of panels may lead to consolidation.
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BP Plc is exiting the solar business after 40 years, countering a trend led by Google Inc., Warren Buffett and Total SA of investing in the industry just as competition drives down the cost of sun-based power.
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Polysilicon may be headed for a surprise recovery by 2015 that could push up the prices of solar panels, said Solairedirect SA, France’s second-biggest sun- powered generator.
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Rob Gillette has left First Solar Inc. after almost doubling production capacity during the two years he ran the world’s biggest maker of thin-film solar panels.
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Rob Gillette left First Solar Inc. after almost doubling manufacturing capacity during the two years he ran the world’s largest maker of thin-film solar panels.
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First Solar Inc. climbed after its chairman and founder took control of the company and announced plans to expand sales and limit capital spending to survive a global slump in demand and prices.
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The cost of solar cells and microchips has nowhere to go but down because of a supply glut for the commodity they’re made from, a brittle charcoal-colored semiconductor baked in ovens at 600 degrees centigrade.
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The cost of solar cells and microchips has nowhere to go but down because of a supply glut for the commodity they’re made from, a brittle charcoal-colored semiconductor baked in ovens at 600 degrees centigrade.
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First Solar Inc., the largest thin- film solar panel maker, sank to a four-year low on concern that Germany, the world’s biggest market for power from the sun, won’t provide a year-end surge.
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Dow Chemical Co., the largest U.S. chemical maker, reported third-quarter profit that rose 51 percent on higher sales of agriculture products and caustic soda.
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