Christoph's Feed
Mar 24, 2011

SolarWorld eyes boost from Japan nuclear fears

BONN (Reuters) – SolarWorld, Germany’s No.2 solar company by market value, sees higher sales this year and next, taking heart from a strong U.S. market and a boost to the renewable industry following Japan’s nuclear crisis.

The renewable sector has seen a massive surge since a 9.0-magnitude earthquake caused a nuclear crisis in Japan and governments around the world pledged to speed up switching to renewable sources of energy.

Mar 17, 2011

Analysis: Green buying binge after Japan crisis won’t last

LOS ANGELES/FRANKFURT (Reuters) – Investors who went on this week’s green energy buying binge because of Japan’s nuclear crisis may be in for a painful hangover.

Japan’s race to avert a meltdown at a tsunami-wracked nuclear power plant was viewed as a rallying cry to some supporters of renewable energy, triggering a debate about whether the power source is a safe and viable form of emissions-free energy.

Mar 2, 2011

Beware of another oil supply shock-Goldman Sachs

FRANKFURT (Reuters) – Oil prices could spin out of control if markets are hit by a further supply shock similar to that caused by unrest in Libya, according to a Goldman Sachs fund manager.

Brent crude for April delivery soared 26 percent after a wave of civil unrest gripping the Middle East Northern Africa (MENA) region, starting with Tunisia in December, raised concerns about supply shortage of oil.

Feb 23, 2011

Inflation, wages to be Euro equity troublemaker

LONDON/FRANKFURT (Reuters) – Inflation concerns in Europe are showing no signs of letting up, forcing equity investors to reduce exposure to vulnerable sectors, with German shares particularly prone to further inflation risks.

Inflation in Britain rose to 4 percent in January, double the BoE’s targets, while euro zone inflation hit a 15-month high at 2.4 percent and is likely to exceed the ECB’s target of just below 2 percent for most of the year.

Feb 22, 2011

Analysis: Inflation, wages to be Euro equity troublemaker

LONDON/FRANKFURT (Reuters) – Inflation concerns in Europe are showing no signs of letting up, forcing equity investors to reduce exposure to vulnerable sectors, with German shares particularly prone to further inflation risks.

Inflation in Britain rose to 4 percent in January, double the BoE’s targets, while euro zone inflation hit a 15-month high at 2.4 percent and is likely to exceed the ECB’s target of just below 2 percent for most of the year.

Feb 22, 2011

Cells sees solar market up in 2011 after good Q4

FRANKFURT (Reuters) – German solar company Q-Cells joined rivals in forecasting a growing industry in 2011 even though it shied away from giving an earnings outlook as lower subsidies in key markets highlight ongoing uncertainty for the sector.

Earlier this month, German peer SolarWorld, China’s Yingli Green Energy and U.S.-based SunPower gave a positive view on the ongoing business year, lifting shares in the sector which booked a record year in 2010, mainly due to ballooning demand in Germany, the world’s biggest market.

Feb 15, 2011

Solar earnings may show demand fears are overblown

FRANKFURT/LOS ANGELES (Reuters) – Solar power companies are likely to surprise investors this earnings season with bright outlooks for 2011 as Italy and the United States ratchet up demand for panels following a cut in government support in the world’s largest solar market, Germany.

Fears of a deep regulatory overhaul in Europe have overshadowed solar stocks in recent months, pressuring valuations as investors fretted that subsidy cuts in Germany, France and other markets would cause an oversupply of solar panels that would send panel prices down dramatically and hurt manufacturers’ profits.

Feb 7, 2011

SolarWorld lifts sector with strong results

FRANKFURT (Reuters) – Strong results from German solar energy firm SolarWorld and an upbeat outlook on the U.S. market lifted shares in the battered solar energy sector on Monday.

Profits from the industry number two in Germany, the world’s biggest solar market, beat analysts forecasts by about 17 percent and it predicted higher sales this year — with strong U.S. demand making up for the overcapacity and worries over the future of state subsidies in Germany.

Feb 2, 2011

Phoenix Solar to pay good dividend: CEO

FRANKFURT (Reuters) – German solar wholesaler Phoenix Solar plans to share its 2010 profits with investors, its chief executive said, while cautioning that the German market, the industry’s biggest, would decline this year.

Phoenix Solar, along with peers SolarWorld and SMA Solar, is one of the very few sector companies in Germany that regularly pays out a dividend. For 2009, the company paid 0.20 euros ($0.28) a share, when net profit reached 8.6 million euros.

Feb 2, 2011

Centrosolar sees M&A interest, but not now

FRANKFURT (Reuters) – German solar company Centrosolar, often the subject of M&A speculation, expects to attract the interest of larger market players, although not in the short-term, its chief executive said.

“I think that a big company will approach us at some point,” Alexander Kirsch told Reuters in an interview on Wednesday.

    • 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."
    • Follow Christoph