Some solar names are rallying after Citi's Timothy Arcuri provides another bullish note. Arcuri,...

|By:, SA News Editor

Some solar names are rallying after Citi's Timothy Arcuri provides another bullish note. Arcuri, who in early May suggested Euro solar demand was improving (a delayed plant closing from First Solar seems to back this up) writes today that renewable energy demand may be bottoming, even as oversupply remains a problem. U.S. demand and Japanese subsidies are seen as positive catalysts. SPWR +6.3%. GTAT +6.1%. CSIQ +6.2%. STP +3.1%. (First Solar)