French nuclear giant Areva kicked off an eventful week in the sector with an acquisition of U.S. concentrated solar power (CSP) player Ausra. This follows Siemens'
Elsewhere on Monday, Suntech Power's
On Tuesday, talk emerged out of Germany that the powers that be may push back feed-in tariff reductions to June from April, which would give developers some breathing room. Here in the U.S., two solar stocks revealed their rather sorry state of affairs.
On Wednesday, Europe's REC issued another gloomy earnings report. Not only did the company have a bum fourth quarter, but the first quarter looks rough as well, with a 20% sequential decline in wafer prices. Higher-cost solar players are plainly taking it on the chin from Asian rivals.
Speaking of which, both JA Solar
Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his Motley Fool CAPS profile or follow his articles using Twitter or RSS. The Motley Fool has a disclosure policy.
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