digitimes
+------------------------------------------------------------------------------+
Germany May Cut Solar Incentives by 16% in Mid-2011: DigiTimes
2010-12-17 14:01:12.163 GMT
By Arie Shapira
Dec. 17 (Bloomberg) -- Germany in talks to slash feed in
tariff (FiT) for PV solar systems by 16% on July 1, DigiTimes
says, citing market speculation; Germany scheduled to cut FiTs
by 13% on Jan. 1.
* Wedbush's Chrstine Hersey tells Bloomberg speculation of
mid-year FiT cut, or worst-case scenario hard cap on
installations, has been part of reason for sector selling
off recently
* Hersey says expectations are mixed; says some see mid-year
cut creating pull-in event in 2Q, keeping ASPs while others
(as DigiTimes suggest) believe ASPs would decline, helping
stimulate the market
* Mizuho's Paul Clegg tells Bloomberg solar stock multiples
suggest investors expect significant FiT reduction; says
low-cost producers (YGE, TSL, SOLF, FSLR) wouldn't take as
big of a hit vs high-cost producers, many of which are based
in Germany
* Bloomberg New Energy Finance's Francesco d'Avack says
Germany might opt for series of lower, more frequent cuts
over the year so as not to repeat June's massive demand
spike from one-off cut this summer
* Next catalyst is Germany PV installation data for October
expected late Dec., early Jan.; Hapoalim's Aaron Chew tells
Bloomberg European solar integrator contacts said German
orders in Dec. "basically flat" with Nov., may not see
bounce in demand until March
DigiTimes story: http://bit.ly/hb7Pm7
Link to Company News:{ACPW US <Equity> CN <GO>}
Link to Company News:{AMAT US <Equity> CN <GO>}
Link to Company News:{AS1 GR <Equity> CN <GO>}
Link to Company News:{ASTI US <Equity> CN <GO>}
Link to Company News:{CGY GR <Equity> CN <GO>}
Link to Company News:{CSIQ US <Equity> CN <GO>}
Link to Company News:{CSUN US <Equity> CN <GO>}
Link to Company News:{CTN GR <Equity> CN <GO>}
Link to Company News:{DSTI US <Equity> CN <GO>}
Link to Company News:{ENER US <Equity> CN <GO>}
Link to Company News:{ESLR US <Equity> CN <GO>}
Link to Company News:{FSLR US <Equity> CN <GO>}
Link to Company News:{HOKU US <Equity> CN <GO>}
Link to Company News:{JASO US <Equity> CN <GO>}
Link to Company News:{LDK US <Equity> CN <GO>}
Link to Company News:{PS4 GR <Equity> CN <GO>}
Link to Company News:{QCE GR <Equity> CN <GO>}
Link to Company News:{R8R GR <Equity> CN <GO>}
Link to Company News:{S92 GR <Equity> CN <GO>}
Link to Company News:{SATC US <Equity> CN <GO>}
Link to Company News:{SOLA LN <Equity> CN <GO>}
Link to Company News:{SOLF US <Equity> CN <GO>}
Link to Company News:{SOLR US <Equity> CN <GO>}
Link to Company News:{SOO1 GR <Equity> CN <GO>}
Link to Company News:{SPWRA US <Equity> CN <GO>}
Link to Company News:{STP US <Equity> CN <GO>}
Link to Company News:{SWV GR <Equity> CN <GO>}
Link to Company News:{TSL US <Equity> CN <GO>}
Link to Company News:{WFR US <Equity> CN <GO>}
Link to Company News:{YGE US <Equity> CN <GO>}
Link to Company News:{JKS US <Equity> CN <GO>}
For Related News and Information:
Top Stories:{TOP<GO>}
To contact the editor responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
