Global environmental challenges
Green Portfolio: Suzlon sizzles and Q-Cells misses
Indian wind turbine maker Suzlon Energy’s shares gained 8 percent on Tuesday, after sources told Reuters that Suzlon’s founders are looking to raise up to $48 million through the sale of a 2 percent stake in the world’s fifth-largest wind turbine maker.
Shares in leading solar cell maker Q-Cells closed the day up 2.39 percent after it reported profits that missed market forecasts and CEO Anton Milner and CFO Hartmut Schüning tried to assuage investor fear over solar project funding.
German solar peer Solon posted a bigger-than-expected first-quarter net loss and echoed Q-Cells’ financing concern.
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