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.
The Italian government may delay the introduction of a new bill reducing premium tariffs and spending targets for solar energy by three months, according to a Deutsche Bank AG analyst.
Solar companies rose on optimism that stronger-than-expected demand at the end of 2011 will continue this year.
Solar companies climbed this week on optimism that stronger-than-expected demand at the end of 2011 will continue this year.
Solar panel prices will stop falling after a slump last year pushed them to unprofitable levels, forcing producers to cut output, according to Deutsche Bank AG.
The wind-turbine components maker American Superconductor Corp. fell the most in two decades after its largest customer refused to accept a shipment and its stock was downgraded.
Solar companies led a rally in Chinese stocks traded in New York after Deutsche Bank AG said the outlook of demand for the renewable energy is improving.
U.S. stocks fell, following yesterday’s drop in the Standard & Poor’s 500 Index, as investors watched economic reports ahead of Federal Reserve Chairman Ben S. Bernanke’s speech on the economy in three days.
"Activity levels in the U.S. utility scale segment are picking up and First Solar is gaining traction at a number of these customers."
- Vishal Shah on May 06, 2014