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Solar shares rise after Reuters exclusive on German moves 10.11.2009 Shares of German solar power companies rose sharply after Reuters was ahead with news on Oct. 11 that cuts in government solar rates would be modest to avoid harming the fast-growing industry. SolarWorld was up 5.5 percent, Q-Cells gained 3.9 percent, Wacker Chemie rose 2.2 percent and SMA Solar Tech gained 1.6 percent. Commerzbank analyst Robert Schramm put out a research note citing the Reuters report, saying: This is quite important news. This confirms our assumption of no or negligible extra tariff cuts for 2010. MARKET IMPACT SolarWorld was up 5.5 percent Q-Cells gained 3.9 percent Wacker Chemie rose 2.2 percent SMA Solar Tech gained 1.6 percent Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Solar shares rise after Reuters exclusive on German moves

10.11.2009

Shares of German solar power companies rose sharply after Reuters was ahead with news on Oct. 11 that cuts in government solar rates would be modest to avoid harming the fast-growing industry. SolarWorld was up 5.5 percent, Q-Cells gained 3.9 percent, Wacker Chemie rose 2.2 percent and SMA Solar Tech gained 1.6 percent. Commerzbank analyst Robert Schramm put out a research note citing the Reuters report, saying: This is quite important news. This confirms our assumption of no or negligible extra tariff cuts for 2010.