First published in Quoted Cleantech, February 2010. Copyright Cleantech Investor Ltd. 2010
Last month’s decision by Germany to reduce its feed-in tariff for solar electricity by another 15% hit solar stocks hard. Many solar share prices started January well, but, as analysts had been expecting the German reduction to be no more than 10%, the news led to the shares of most solar companies ending the month down.In Germany, solar cell and module suppliers Phoenix Solar, Q-Cells, SolarWorld and Solon, saw their respective share prices fall by between 13.5% and 21.2% during January. Shares in Centrotherm and Roth & Rau, makers of solar cell production equipment, also dipped during the month.