Germany’s Plans to Change Solar Incentive Cuts May Cause Analysts to Tweak Estimates
Some solar companies are feeling the heat Monday amid reports indicate the German government may be planning to switch the expiration date for the nation's solar incentive cuts from July to April.
The move will compel customers to complete installations by the end of March while causing demand to begin to fade at the end of February and into March. The time change should also push some orders forward, possibly resulting in stronger than previously expected sales for the current quarter.
The solar market has been pretty volatile over the past few months as reports and news suggest rising demand may in Asia could soon be trumping the declining demand in Europe.
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The move will compel customers to complete installations by the end of March while causing demand to begin to fade at the end of February and into March. The time change should also push some orders forward, possibly resulting in stronger than previously expected sales for the current quarter.
The solar market has been pretty volatile over the past few months as reports and news suggest rising demand may in Asia could soon be trumping the declining demand in Europe.
- First Solar Inc. (Nasdaq: FSLR) shares down 4.35 percent
- Suntech Power Holdings (NYSE: STP) down 1.99 percent
- Hanwha Solarone Co. (Nasdaq: HSOL) down 3.18 percent
- Canadian Solar Inc. (Nasdaq: CSIQ) down 0.47 percent
- JA Solar Holdings (Nasdaq: JASO) up 1.71 percent
- LDK Solar (NYSE: LDK) up 0.16 percent
- Trina Solar Limited (NYSE: TSL) up 3.55 percent
- Yingli Green Energy (NYSE: YGE) up 1.87 percent
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