Solars Poised to Gain as Policy to Benefit PV Growth in U.S., China; Europe Remains Mixed (YGE) (LDK)
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Solar stocks are hitting new near-term highs amid mixed news out Monday.
Digitimes Research reports that installations of photovoltaic modules in the U.S., China, and Japan will likely grow in 2013 due to policy promotions and solar incentives.
Europe will likely account for about 35 percent of sales in FY13, Digitimes said. The two largest consumers -- Italy and Germany -- will see market share slippage from 36 percent down to 25 percent. France is likely to see growth due to incentive adjustments for systems under 100-KW in capacity. First quarter demand is expected to be strong in the U.K. with plans in the second quarter for lower feed-in tariffs and Renewables Obligation Certificates (ROC). Further adjustments to policy in Greece, Spain, and Belgium will have installations weaker in FY13.
With policymakers looking to encourage self-use of PV systems to lower the overall pressure on electrical grids, the market is looking to shift incentives from high-growth or more steady growth.
In other news, the Financial Times says that a group of solar glass makers under the name EU ProSun Glass filed a complaint with the European Union accusing Chinese solar glass makers of "dumping," or selling their products well below prices sought by domestic peers. The group is pushing for tariffs of over 100 percent on the solar glass, notes the FT.
The entire market for solar glass is said to be about €200 million in Europe.
Higher on the session today include names like Trina Solar (NYSE: TSL), Yingli Green Energy (NYSE: YGE), First Solar (Nasdaq: FSLR), LDK Solar (NYSE: LDK), JA Solar Holdings (Nasdaq: JASO), and First Solar (Nasdaq: FSLR), among others.
Digitimes Research reports that installations of photovoltaic modules in the U.S., China, and Japan will likely grow in 2013 due to policy promotions and solar incentives.
Europe will likely account for about 35 percent of sales in FY13, Digitimes said. The two largest consumers -- Italy and Germany -- will see market share slippage from 36 percent down to 25 percent. France is likely to see growth due to incentive adjustments for systems under 100-KW in capacity. First quarter demand is expected to be strong in the U.K. with plans in the second quarter for lower feed-in tariffs and Renewables Obligation Certificates (ROC). Further adjustments to policy in Greece, Spain, and Belgium will have installations weaker in FY13.
With policymakers looking to encourage self-use of PV systems to lower the overall pressure on electrical grids, the market is looking to shift incentives from high-growth or more steady growth.
In other news, the Financial Times says that a group of solar glass makers under the name EU ProSun Glass filed a complaint with the European Union accusing Chinese solar glass makers of "dumping," or selling their products well below prices sought by domestic peers. The group is pushing for tariffs of over 100 percent on the solar glass, notes the FT.
The entire market for solar glass is said to be about €200 million in Europe.
Higher on the session today include names like Trina Solar (NYSE: TSL), Yingli Green Energy (NYSE: YGE), First Solar (Nasdaq: FSLR), LDK Solar (NYSE: LDK), JA Solar Holdings (Nasdaq: JASO), and First Solar (Nasdaq: FSLR), among others.
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