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BY Tali Aaron : February 22

Solar Shares drop upon German plans to cut Solar Assistance

solar shares


U.S. listed shares of solar power companies fell 1 - 5 percent on Friday due to plans by Germany to cut its solar assistance faster and deeper than expected - an anticipated cut of 16-17 percent on top of the 10 percent already set out in the German Renewable Act. Shares of First Solar fell about 1%, while shares of Trina Solar and Yingli Green Energy Holdings 3 and 4 percent respectively. Other company shares that dropped include: SunPower, Suntech Power Holdings and JA Solar Holdings. Since Germany has been such a key player in the solar industry, it still remains to be seen how this policy change will affect the entire solar sector long term.

via Reuters

9 Responses to Solar Shares drop upon German plans to cut Solar Assistance

  1. buildaroo on October 29, 2012 at 7:49 pm


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  2. Marcelino Decastro on April 11, 2011 at 12:35 am


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