Trade war headwinds
Ardour Solar Index: Index heavyweights drive solid performance despite industry headwinds, but trade wars and more margin pressure continue to weigh on expectations.
In August, the Ardour Solar Index climbed 8%, bucking the downward trend established in the first half of the year. The top 4 index constituents (all U.S. based) drove the performance on solid 2Q12 results and favorable corporate developments. The index was further supported by reports of strong 2Q12 European demand, with Germany installing 1.8 …
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