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Solar stocks finish higher (TAN +2.2%) on a good day for high-beta tech names. Helping their...

Solar stocks finish higher (TAN +2.2%) on a good day for high-beta tech names. Helping their cause is the Japanese government's unveiling of a solar subsidy program that pays solar panel owners for electricity at a rate that's 3x the one charged for conventional power. Even if domestic suppliers take a large chunk of the resulting orders, the demand boost the program stands to provide could help stabilize diving solar cell and module prices.
Comments (1)
  • maudie
    , contributor
    Comments (471) | Send Message
     
    Japanese government's solar subsidy program…make that the lost TWO decades.
    18 Jun 2012, 04:18 PM Reply Like
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