Dec 20 2010
The latest Bedford Report reveals that the solar sector has been under pressure after surges in summer and early fall. In November, the Guggenheim Solar ETF, which tries to duplicate the price and performance of the MAC Global Solar Energy Index, dropped to 20% percent while concerns about US complaints that China was sponsoring Solar were being expressed.
The solar segment dropped down even further as European nations such as France and Germany reduced government subsidy for solar. The Bedford Report evaluates the future position of solar companies and also gives reports on JA Solar Holdings and LDK Solar. Currently, Germany is the key consumer in the world utilizing more than half of the solar modules produced in the world. According to Carsten Koernig, BSW Solar Industry’s Head, revealed that the country would be increasing solar power by 8 GW in 2010 but the years after would see only 3 to 5 GW addition per year.
The report makes public market updates on a regular basis on the solar industry for giving insights into the solar segment and allows investors to make informed decisions to capitalize on their investments and get maximum returns. To get exclusive access to the company’s reports the client needs to register on the website.
The solar sector had enjoyed a record year in 2010 where many solar leaders doubled their stocks. LDK disclosed that the earnings for the third quarter increased by 167 % year on year and expected that its fourth quarter would yield revenue between $710 and $750 million, which would be far ahead of the estimated $579.4 million. But there was also a lot of room for uncertainty due to oversupply and weaker demand in 2011. The report furnishes research analysis concentrating on equities offering growth opportunities, strong potential return and value. The company endeavors to supply the latest market activities and constantly generate newsletters and research reports for its members. The Bedford Report is rewarded by third party organizations for advertisements and is not being paid by any of the solar companies. They also work as an independent research organization.