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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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Introducing the Reuters Global Green Portfolio
As part of Reuters new Green Business section, we have chosen a diverse group of companies to serve as a proxy for the emerging green technology sector. Over the coming months we’ll be discussing each of them at length, and rebalancing our portfolio to reflect trends in the industry.
Click here to see our portfolio in action. You can track our performance against benchmarks, comment on our choices, and create a portfolio of your own.
