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RWE published estimates that up to 40’000 MW of coal-fired capacity (5% of total installed capacity) will have to be shut in continental Europe due to more stringent regulation. While old plants are shut, it becomes increasingly difficult to build new coal-fired power plants. In December alone, two ...
[more]Meyer Burger and 3S agreed to merge in 2010. Meyer Burger is the world's leading wafer sawing equipment maker, while 3S is one of the frontrunners on module production equipment. As many of their customers are integrated from wafer to module production, there is a high product portfolio fit. In addi...
[more]The UN process failed to draw tangible results at the Copenhagen conference. Frustrated by the lack of progress, a group of leading emitters have drawn up their own “accord”. The agreement, which was signed by the USA, China and three other countries, allocates investments of USD 30 billion to deal ...
[more]The 9-month results from the large European power generators were reassuring. E.ON held its 9-month EBITDA flat compared to last year despite a steep drop in power demand and raised net income guidance for the full year. RWE felt the impact of the prolonged outage of its Biblis nuclear plant but con...
[more]US President Barack Obama confirmed that he is likely to attend the Copenhagen Climate talks in December, and that he is prepared to bring a US commitment to cut domestic emissions by 17% from 2005 levels by 2020, in line with legislation being discussed in the US Congress. China’s State Council an...
[more]Chinese portfolio companies Suntech Power, Trina Solar, Canadian Solar, Ja Solar and Yingli all reported better than expected 3Q numbers due to strong volume growth and improving margins. All companies gave positive outlook for Q4 and the first part of 2010. Solarworld also reported 3Q numbers tha...
[more]Im Interview mit market.ch schildert Melchior de Muralt, Gesellschafter und Geschäftsführer von De Pury Pictet Turrettini & Cie SA (PPT), die Vorzüge von Anlagen im Energiebereich. Um diesen Sektor abzudecken hat PPT die EIC Partners AG gegründet. Den Artikel finden Sie hier zum Download auf Deutsch...
[more]Polysilicon and wafer companies are suffering from increasing price competition, leading to lower than expected net profit numbers at REC and MEMC. MEMC reported sales of USD 310 millions (+9.5% q/q) and an EPS loss of 0.29 USD due to restructuring charges. REC’s sales sank by 6% q/q to NOK 2.1 bil...
[more]EDP Renovaveis and Iberdrola Renovables reported good 3Q numbers with EBITDA growth of over 10%. The companies realized a strong increase in installed capacity that was partially offset by lower realized prices in Spain. Vestas delivered Q3 EBIT far above consensus estimates and reiterated 2009 gui...
[more]In Germany, CDU and FDP party leaders finalized the coalition agreement. The agreement contains a clear commitment to prolong lifetimes of the existing nuclear generation stations. While the Government will claw back at least half of the financial benefit of such prolongation, the net effect will be...
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