Christoph's Feed
Oct 15, 2010

Buy or Sell: Nordex shares: headwind or tailwind?

FRANKFURT (Reuters) – Shares in German wind turbine maker Nordex have lost nearly a third of their value since the beginning of the year, as a lack of project funding and weak demand is still burdening the industry.

Thomson Reuters database StarMine shows that a third of analysts covering the stock rate the company “buy,” while 22 percent advise selling the stock.

Oct 15, 2010

Nordex shares: headwind or tailwind?

FRANKFURT, Oct 15 (Reuters) – Shares in German wind turbine
maker Nordex (NDXG.DE: Quote, Profile, Research) have lost nearly a third of their value
since the beginning of the year, as a lack of project funding
and weak demand is still burdening the industry.

Thomson Reuters database StarMine shows that a third of
analysts covering the stock rate the company “buy”, while 22
percent advise selling the stock.

Oct 12, 2010

Solar M&A on the rise – Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Oct 12, 2010

Solar M&A on the rise: Latham & Watkins

FRANKFURT (Reuters) – Private equity investors can still find gems in the battered solar industry and are expected to buy in soon, above all in the area of equipment manufacturing where margins seem robust, a senior M&A lawyer said.

“It’s very likely that we will see M&A activity in this segment within the next two years,” Marcus Herrmann, partner at law firm Latham & Watkins LLP, said on Tuesday at the Reuters Global Climate and Alternative Energy Summit.

Sep 23, 2010

Germany could see solar power cap: BlackRock

FRANKFURT (Reuters) – Rising costs for solar power in Germany could either trigger a further large cut in sector subsidies or a cap on new installations in the world’s No.1 solar market, a BlackRock fund manager said.

Power transmission grid operators are obligated to pay feed-in tariffs (FIT) to producers of solar power, which are then added to customers’ bills, and critics have noted that ballooning demand for photovoltaics leads to higher costs.

Sep 22, 2010

E.ON renewables eyes 2010 oper profit jump

HUSUM, Germany (Reuters) – E.ON, the world’s largest utility by sales, is confident it can grow operating profit at its renewables unit by about 70 percent this year, benefiting from a massive increase in installed capacity.

“We will power ahead with this business,” Frank Mastiaux, chief executive of E.ON’s Climate & Renewables unit, told Reuters late on Tuesday in an interview at a wind conference in the hamlet of Husum, about a 90-minute drive north of Hamburg.

Sep 17, 2010

Cells pleased with Q3, can’t meet demand: CEO

FRANKFURT (Reuters) – Solar cell maker Q-Cells is pleased with third-quarter business amid booming demand in Germany, the world’s biggest solar market, its chief executive told Reuters.

“We are running at full capacity and are unable to meet the huge demand,” Nedim Cen said in an interview on Thursday at the company headquarters in Bitterfeld-Wolfen, once the hub of the former East Germany’s ailing chemicals industry.

Sep 15, 2010

SMA sees lower EBIT margin in 2011 vs 2010

FRANKFURT (Reuters) – SMA Solar, Germany’s top solar company by market value, expects its operating margin to drop next year as it warned that falling subsidies for solar power could cause the market to shrink.

Demand for solar products has been spiking in Germany ahead of expected subsidy cuts there, prompting SMA Solar to raise its 2010 outlook for the second time since July. Rivals Q-Cells and Centrotherm also hiked their sales forecasts last month.

    • About Christoph

      "I'm responsible for the coverage of German renewable companies, mainly solar, at Reuters News. Previously, I have worked as a correspondent at Thomson Financial News, covering German technology and construction companies."
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