Christoph's Feed
Nov 3, 2010

Phoenix Solar CEO says sees no year-end rally

FRANKFURT (Reuters) – German solar wholesaler Phoenix Solar expects demand for solar modules to recover after a dismal third quarter in Germany, the world’s No.1 solar market, but does not see booming demand in the year-end period.

“We still expect good business at the end of the year, but it won’t be a year-end rally,” Phoenix Solar’s Chief Executive Andreas Haenel told Reuters in an interview on Wednesday.

Oct 26, 2010

Solars to post strong Q3, 2011 outlook brightens

FRANKFURT/LOS ANGELES, Oct 26 (Reuters) – Ballooning demand
in the world’s largest solar power market, Germany, will help
companies in the sector deliver stellar third-quarter results,
analysts say, and they expect prospects for next year to
brighten.

Large cuts in feed-in tariffs in Germany, Europe’s largest
economy, had fuelled concerns that next year could see a sharp
decline in demand in the country that accounts for about half of
the world market.

Oct 25, 2010

Analysis: Cap and cut fears cast pall on German solar recovery

FRANKFURT (Reuters) – Germany’s battered solar stocks could take a further hit as fears of a fresh cut in sector subsidies and a cap on new installations outweigh a recent pick-up in earnings momentum.

A surge in renewable energy capacity added in Germany this year will lead the levy that consumers pay on their electricity bills for green power to rise to 13 billion euros ($18.1 billion) in, or 60 euros per household per year, the country’s grid operators said earlier this month.

Oct 22, 2010

Verbio CEO sees 2010 sales growing by up to 10 percent

FRANKFURT (Reuters) – German biofuel company Verbio expects to see its full-year sales rise by as much as 10 percent, its chief executive said on Friday, giving the first concrete outlook for revenues in the ongoing year. So far, the company had guided for a “significant increase” in turnover but based on Claus Sauter’s estimate, this year’s top line could rise to as much as 552 million euros ($768.1 million).

This would be above the 520 million euro estimate expected by analysts at SES Research.

Oct 22, 2010

Fancy consumers? Go for emerging market exposure

FRANKFURT (Reuters) – Emerging markets are the key for consumer stocks and investors should go for established names with high exposure in these economies rather than buying into local players, a fund manager at ING said.

“I like to play the emerging markets through the multinationals,” Huub van der Riet, manager of the ING (L) Invest Food & Beverages, told Reuters.

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.

    • 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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