Featured in Catching the sun – 03-2010

Sharp drops

Ardour solar index: The selling pressure continues, due to mixed fourth quarter results in 2009 and concerns for the second half of 2010.

The Ardour Solar Index (SOLRX) displayed a downward trend in February and closed with a decline of twelve per cent. The market continued to discount the expected feed-in tariff adjustments in Germany. Preliminary results from European original equipment manufacturers also provided few positive data points to boost low investor sentiment. Key European solar stocks suffered …

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