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Solar stocks (TAN -5.7%) take a beating after Germany announces it will reduce solar power...

  • Thursday, February 23, 2012, 9:49 AM ET
    Solar stocks (TAN -5.7%) take a beating after Germany announces it will reduce solar power incentives sooner than expected. The government will cut incentives to 19.5 cents per kw hour for small plants, to 16.5 cents for plants up to 1,000 kw, to 13.5 cents for plants of up to 10 mw. FSLR -6.3%, TSL -9.9%, SOL -7.6%, STP -5.4%, JASO -5.3%, YGE -7.6%, SPWR -3.2%.
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This news story has 3 comments:

  •  
    Odd. Oils prices are knocking on the roof again (should be great for solar....was in 2007.), and solar stocks are digging for a new basement. I guess this is payback for governments creating fictitious demand. internet, housing, solar....any guess on how the fictitious demand for government bonds is going to play out?
    This is a great case study.
    23 Feb 2012, 10:05 AM Reply Like
  •  
    Globally governments print money & buy bonds... the GOVERNMENT gets this money. What is the GOVERNMENT going to buy to 1) promote jobs 2) show growth 3) reduce foreign oil ??

    Is Germany the country printing money? No, EVERYONE else is. I'll focus on the countries with the BIG pile of cash & where they are going to spend it.

    Thanks for the FSLR dip Germany
    23 Feb 2012, 11:19 AM Reply Like
  •  
    Incentives supposedly even the playing field while the new technology ramps up. Looks like the incentives only propped up speculation.
    23 Feb 2012, 11:27 AM Reply Like
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