Kurs-Massaker bei Solarwerten - wie lange ?

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15.12.11 17:55

1113 Postings, 4794 Tage Lucky66Lucky ist fett im Minus....

....das mit dem erst mal ins Minus gehen hat ja geklappt, aber wieder fett ins Plus drehen, läßt noch auf sich warten!!!

...seit gestern fast 10% im Minus..leider...ich hoffe, ihr habt es besser gemacht als ich!

Good luck!  

15.12.11 18:31
1

17924 Postings, 6197 Tage BRAD P007First Solar ist jetzt 99% unter Allzeithoch :-))

16.12.11 09:21

1113 Postings, 4794 Tage Lucky66Ich rechne heute mit einer schönen Gegenbewegung..

nach Norden!

.....sofern der Gesamtmarkt auch mitspielt.

rechnen ..... heißt bei mir mehr...hoffen!


Good luck!  

16.12.11 09:26

17202 Postings, 6450 Tage Minespecwas kost`n First Solar jetzt noch ?

-----------
"Jeder ist seines Silber`s Schmied " (minespec)

16.12.11 14:19

1113 Postings, 4794 Tage Lucky66Die Aktie hat in den letzten 2 Tagen....

mehr als 30% verloren.....es sollte doch endlich zu einer Gegenbewegung kommen, zumal die Anal-ysten so langsam wieder etwas mutiger werden und das Kursziel etwas anheben!

Wir als Kleinanleger können da eh nichts machen-nur mit etwas Glück den richtigen Zeitpunkt erwischen- um einzusteigen!

...leider wie so oft etwas zu früh eingestiegen, aber das kann sich schnell wieder ändern......hoffentlich!


Good luck!  

16.12.11 15:34

1113 Postings, 4794 Tage Lucky66Jetzt dreht sie ins PLUS..

16.12.11 19:08

1113 Postings, 4794 Tage Lucky66Ich gebe es auf...

meine Prognosen und Hoffnungen sind für den ....MÜLL....!

Diese Aktie kennt anscheinend nur eine Richtung!

Sorry  

16.12.11 19:58

4857 Postings, 4887 Tage Lucky2020ja könnte

16.12.11 20:13

4857 Postings, 4887 Tage Lucky2020kommende woche

könnten news kommen?!  

16.12.11 22:34

4857 Postings, 4887 Tage Lucky2020oder doch

18.12.11 01:06
2

4701 Postings, 5088 Tage AlibabagoldDeutsche Solarfirmen: erst Phönix, dann Asche

German solar firms go from boom to bust
http://www.reuters.com/

BERLIN/FRANKFURT - Cuts in subsidies for solar energy, weaker demand for panels and fierce competition from cheaper Asian rivals are eating into what was once the world's biggest hub for the production of solar cells.

http://www.reuters.com/article/2011/12/14/...ar-idUSTRE7BD0W620111214  

18.12.11 17:30

2807 Postings, 4898 Tage PrivatanlegerSo ein Schwachsinn!

http://www.finanzen.net/nachricht/aktien/...ioese-Kursanstieg-1524579


Das kann ich denen schon sagen: Die Aktie ist sowas von paradebeispielmäßig unterbewertet (1/3 des aktuellen Buchwertes). Da gabs Übertreibungen nach unten in den letzten Monaten! Die Aktie müßte eigentlich bei 8-10 Euro stehen und jetzt wundern sich die Analysten-Hirnis, wenn's mal endlich wieder gerechtermaßen in Richtung fairer Bewertung geht , tss tss tss unglaublich...

Nochmal, SW ist der Diamant unter den Solarwerten, die 8-10 Euros kommen (wieder) schneller als es manchen (noch nicht investierten) lieb sein wird!

Da halfen auch keine miesen Analysten-Postings mehr: schnell aufspringen, sonst fährt der Zug ohne euch ab!

Meine persönliche Meinung: 4,xx am 31.12.2011!

Ihr werdet sehen und staunen  :-)

VG
PA  

18.12.11 18:02

4857 Postings, 4887 Tage Lucky2020eben

4,xx sind möglich. Oder halt pleite...  

18.12.11 21:14

501 Postings, 4672 Tage COBAGOup

www.weltmeister-depot.de
CFD Musterdepot
Neuer Rekord bei Deutschlands 1. CFD Musterdepot: +932% Gewinn. Jetzt 1:1 nachbilden...
>> www.cfd-brief.de


Wirtschaftsnews -  & Analyse - 16.12.11
Solarworld: Der mysteriöse Kursanstieg
www.flickr.com/mulad_37

Frankfurt 16.12.2011 (www.emfis.de) Die Aktie von Solarworld setzt ihren überrachenden Kursanstieg heute fort. Der Wert legte bis zum Nachmittag weitere 3,6 Prozent auf 3,384 Euro zu.

Noch in der vergangenen Woche war der Titel auf ein neues mehrjähriges Tief gefallen. Daraufhin setzte aber eine abrupte Kehrtwende ein, und es folgten kontinuierliche und hohe Kursgewinne. Binnen etwas mehr als einer Woche verteuerte sich die Solarworld-Aktie schon wieder um fast 30 Prozent.

Dabei war das Marktumfeld keineswegs förderlich. DAX und TecDAX mussten im Wochenverlauf weitere deutliche Abschläge hinnehmen. Andere Solargrößen befanden sich im gleichen Zeitraum entweder weiter im Sinkflug – wie etwa Q-Cells – oder kamen zumindest nicht nennenswert vom Fleck – wie beispielsweise Conergy Daneben wurde noch die Insolvenz des Modulherstellers Solon gemeldet, die der Branche einen Schock versetzte. Und auch sonst sind die Rahmenbedingunen in der Solar-Branche weiterhin wenig erfreulich.

Anleger sehnen das Firmensterben herbei

Die Solon-Insolvenz könnte allerdings indirekt durchaus den wiedererwachten Optimismus für Solarworld mitverursacht haben. Zum einen besteht die Möglichkeit, dass Solarworld nach dem Wegfall des Konkurrenten in Deutschland, Italien und in den USA Marktanteile hinzugewinnt. Dieser Effekt sollte allerdings nicht überbewertet werden. Viel wichtiger ist vielen Investoren offenbar, dass mit der Solon-Pleite nun die von vielen bereits erwartete Konsolidierung begonnen zu haben scheint.
:::
Eine brutale Marktbereinigung wird vielfach als die entscheidende Voraussetzung dafür gesehen, dass sich die Gewinnmargen in der Solarbranche wieder erholen können. In den Genuss einer solchen Entwicklung kommen selbstredend nur die Anbieter, die sich am Ende durchsetzen können. Solarworld werden aber wegen der vergleichsweise guten finanziellen Austattung des Konzerns, seiner hochwertigen Produkte und seiner effizienten Fertigungstechnologie gute Chancen eingeräumt, zu den Gewinnern des vermeintlich bevorstehenden Ausleseprozesses zu gehören.

Billig – aber technisch angeschlagen

Die Solarworld-Aktie ist in den vergangenen Monaten möglicherweise ungerechtfertigt stark unter Druck geraten. Der Wert ist nach wie vor sehr günstig zu haben. Trotz der Qualitäten des Unternehmens besteht aber auch die Möglichkeit, dass es sich bei der jüngsten Erholung lediglich um eine technische Gegenreaktion gehandelt hat.

Aus charttechnischer Sicht wirkt der Titel weiterhin angeschlagen, so dass Engagements hier nach wie vor nur spekulativen Naturen zu empfehlen sind.

Lesen Sie zu diesem Thema auch den Beitrag „Strategie: Solarworld long – Q-Cells short?“ auf www.emfis.de .  

20.12.11 13:17

17012 Postings, 5827 Tage ulm000Auch Google kauft sich in US-Solarprojekte ein

Google kauft sich in vier PV-Projekte (86 MW) von Sharp mit 94 Mio. $ ein. Der Link dazu:

http://www.marketwatch.com/story/...-from-recurrent-energy-2011-12-20
("Google & KKR Partner to Acquire Portfolio of Solar PV Projects in California from Recurrent Energy")  

20.12.11 13:57

2807 Postings, 4898 Tage PrivatanlegerSolarworld: Nächste Kaufsignale im Anmarsch?

21.12.11 18:41

1113 Postings, 4794 Tage Lucky66News....

First Solar has the Highest Forward Earnings Yield in the Semiconductors Industry (FSLR, ISSI, SPRD)
Published on Wed, 12/21/2011 - 11:10
By Mallory Stone in Fast Lane, FSLR, issi, SPRD, first solar, highest forward earnings yield, integrated silicon solution, nasdaq:fslr, nasdaq:issi, nasdaq:sprd, spreadtrum communications

Below are the three companies in the Semiconductors industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

First Solar (NASDAQ:FSLR) is highest with forward earnings yield of 21.4%. First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.

First Solar (NASDAQ:FSLR) has potential upside of 93.6% based on a current price of $32.17 and analysts' consensus price target of $62.28. The stock should find initial resistance at its 50-day moving average (MA) of $46.43 and further resistance at its 200-day MA of $99.75.

Integrated Silicon Solution (NASDAQ:ISSI) is next with forward earnings yield of 13.1%.

Finishing up the top three is Spreadtrum Communications (NASDAQ:SPRD), with forward earnings yield of 12.7%.  

22.12.11 07:23

1113 Postings, 4794 Tage Lucky66News....

First Solar Never So Cheap in Takeover Boon
Q
By Tara Lachapelle, Christopher Martin and Richard Weiss - Dec 22, 2011 2:27 AM GMT+0100

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Citigroup's Arcuri on Buffett Solar Farm Purchase, Dec. 7

Play Video

Dec. 7 (Bloomberg) -- Timothy Arcuri, an analyst at Citigroup Inc., talks about First Solar Inc.'s agreement to sell its $2 billion Topaz solar farm in Southern California to Warren Buffett's Berkshire Hathaway Inc. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

For acquirers willing to wager on the future of solar power, First Solar Inc. has gotten $22 billion cheaper.

First Solar has tumbled (FSLR) 76 percent this year, the biggest drop in the Standard & Poor’s 500 Index, as the Tempe, Arizona- based company lowered its profit forecast and shifted its focus to large power plants. Once worth $25 billion, First Solar was valued this week as low as $2.64 billion, the steepest discount to net assets since its 2006 initial public offering and cheaper than 94 percent of renewable energy equipment companies greater than $1 billion, according to data compiled by Bloomberg.

The world’s largest maker of thin-film solar panels may now attract takeover interest from General Electric Co. (GE) or Siemens AG (SIE) on the expectation that demand will increase in the $55 billion solar power industry during the next decade as prices become more competitive with fossil fuels and other forms of electricity, according to Robert W. Baird & Co. While short sellers have boosted bearish bets against First Solar to the third highest in the S&P 500, it could command at least a 50 percent premium in an acquisition, said Kaufman Bros. LP.

“Given the pull back in the price, it certainly does make a lot more sense for someone to buy out First Solar,” Jeff Bencik, a New York-based analyst for Kaufman, said in a telephone interview. “At the end of the day, First Solar is still profitable. So you are buying the best in the industry at a discount price. Certainly for both GE and Siemens it would diversify their energy platform.”
First Solar Restructuring

Alan Bernheimer, a spokesman at First Solar, Sean Gannon, a spokesman for Fairfield, Connecticut-based GE, and Philipp Encz, a spokesman for Munich-based Siemens, declined to comment on takeover speculation.

First Solar’s stock has plunged 25 percent since Dec. 14 when it reduced 2011 profit and sales forecasts, projected earnings next year that missed analysts’ estimates and said it will fire about 100 employees in the second restructuring in six weeks. The company is reorganizing to focus on large utility- scale power plants instead of smaller, rooftop installations after ousting its chief executive officer in October and replacing him with Michael Ahearn, the founder and chairman, on an interim basis.

More than 17 million shares, or about 20 percent of First Solar’s outstanding stock, are currently shorted, the third-most in the S&P 500 behind GameStop Corp. and Supervalu Inc., according to data compiled by New York-based Data Explorers. In a short sale, a trader borrows stock and sells it, hoping to profit from a decline by replacing it at a lower price.
‘Bad Neighborhood’

Plunging prices for solar panels have eroded profit margins across the industry as manufacturers ramped up production capacity faster than demand increased, creating a global glut of supply. The spot price of solar panels has fallen 47 percent this year, according to Bloomberg New Energy Finance, while crude oil prices have gained 8 percent in New York.

First Solar uses cadmium-telluride in its thin-film panels, which require less time and energy to manufacture than the more common ones based on silicon semiconductors.

“First Solar is definitely the best company in a bad neighborhood at this point,” Michael Horwitz, a San Francisco- based analyst for Robert W. Baird, said in a phone interview. “Eventually it probably makes sense for them to be part of a larger company.”

The market for solar power surged 67 percent last year to $55 billion on new projects with a capacity to produce about 18,000 megawatts, according to data compiled by Bloomberg. That’s equivalent to adding 18 typical nuclear reactors for electricity production.
Record Low Valuation

New solar installations may reach 24,000 megawatts this year and hold steady at about that rate next year, according to a Nov. 1 report from Jenny Chase, an analyst at Bloomberg New Energy Finance. Annual demand may climb to as much as 34,700 megawatts in 2013, she wrote.

First Solar’s shares closed Dec. 19 at a record low of 0.65 times book value, or the value of its assets minus liabilities, cheaper than every renewable energy equipment maker with a current market value greater than $1 billion except for wind turbine manufacturer Vestas Wind Systems A/S at 0.62 times, data compiled by Bloomberg show.

The combined equity and net debt of First Solar was valued at 0.9 times sales, also a record low, the data show.
‘On the Cheap’

“It would make a lot of sense for somebody to buy First Solar on the cheap while there is significant dislocation in the solar industry,” Michael Obuchowski, chief investment officer at First Empire Asset Management in Hauppauge, New York, which owns shares of First Solar, said in an e-mail. “Acquiring First Solar at the bottom of the market would be a very smart move for a number of large industrial companies.”

GE, the world’s biggest (SPX) maker of power-generation equipment, may be interested in acquiring First Solar to bolster its solar operations and take advantage of the company’s technology for power plants, according to GE investor Huntington Asset Advisors and analysts at Kaufman and Robert W. Baird.

“They could buy First Solar, which already has significant scale and is well ahead of where GE is,” said Horwitz at Robert W. Baird. “It would probably make more sense to buy than build. If you’re GE or Siemens, you already build power plants, you’re already out there talking to their customer base, so this would just be another option to bring to the customer.”
Solar Industry ‘Carnage’

GE, the largest wind turbine supplier in the U.S., bought a closely held thin-film maker this year that uses the same material in its solar panels as First Solar and announced in October plans to build its own solar plant in Colorado. The company is investing $10 billion by 2015 to develop environmentally friendly products across its large-equipment areas, including power generation, jet engines and locomotives.

“There’s a lot of carnage in the solar industry right now,” Jeffrey Immelt, GE’s chief executive officer, said at the company’s annual investor meeting in New York last week when asked about potential deals. He said GE’s preference is to build organically.

“GE loves to buy on the cheap,” Peter Sorrentino, a senior fund manager who helps oversee $14.5 billion, including shares of GE and Siemens, for Huntington in Cincinnati, said in a phone interview. “It’s not something that would be a real super competitive advantage, but at the right price, if it made their life easier, of course they’d do the deal.”
Siemens as Buyer

First Solar may also attract Siemens, the market leader in off-shore wind turbines, according to Horwitz and Kaufman’s Bencik. Siemens, Europe’s largest engineering company, is aiming for 40 billion euros ($52 billion) in sales with “green technologies” by 2014, up from 29.9 billion euros in the fiscal year ended Sept. 30.

“They have next to nothing in photovoltaics, and they may be able to combine their strength in wind power with photovoltaics,” the panels that First Solar makes, Thilo Mueller, who helps manage 100 million euros at MB Fund Advisory in Limburg, Germany, said in a phone interview. “It would make sense for Siemens, and they may be able to get First Solar for a comparatively cheap price.”

His fund owns Siemens shares, and he said he’s considering buying First Solar stock.

Still, Siemens’s solar investments have struggled. The company bought Solel Solar Systems for $418 million in 2009 to try to duplicate its success in wind turbines. Losses accelerated as governments curtailed spending on infrastructure and Solel’s solar thermal technology faced less expensive solar panels, leading Siemens to write down the value of the business.
Walton Family

Deals in the solar power industry reached $3.4 billion this year, the most since $6.1 billion in transactions were announced in 2009, data compiled by Bloomberg show, as targets sought partners to share project costs and acquirers took advantage of a drop in solar stocks.

First Solar shareholders, the largest of whom is the Walton family that founded Wal-Mart Stores Inc. (WMT) and own almost a third of the solar company’s shares, would likely demand at least a 50 percent premium in a takeover, Kaufman’s Bencik said. That would equate to $47.70 a share based on yesterday’s closing price. Total SA (FP) paid a 44 percent premium for a 60 percent stake in First Solar’s rival SunPower Corp. in April.

“Beauty is in the eye of the beholder,” Timothy Arcuri, an analyst for Citigroup Inc. in San Francisco, said in a phone interview. “If you’re bullish on solar and you think there’s ultimately going to be significant demand for these big solar farms around the world, there really is no other company on the planet today that can provision, develop and finance -- or get financed -- for these big solar farms.”

To contact the reporter on this story: Tara Lachapelle in New York at tlachapelle@bloomberg.net; Christopher Martin in New York at cmartin11@bloomberg.net; Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editors responsible for this story: Daniel Hauck at dhauck1@bloomberg.net; Katherine Snyder at ksnyder@bloomberg.net; Reed Landberg at +44-20-7330-7862 or landberg@bloomberg.net.  

22.12.11 08:14

42014 Postings, 8826 Tage Robineine kleine

Konsolidierung ist kein Problem. 4 investors schreibt:

Ein Rutsch unter ? 3,60 könnte dagegen zu einem Pullback in Richtung 3,10/3,22 Euro führen. Das ist gestern passiert  

22.12.11 16:46

1113 Postings, 4794 Tage Lucky66Sehr gute News....!

Brigantine Advisors - First Solar wird profitabel bleiben

15:33 22.12.11

New York (aktiencheck.de AG) - Ramesh Misra, Analyst von Brigantine Advisors, stuft die Aktie von First Solar (First Solar Aktie) unverändert mit "buy" ein.

Die Guidance für 2012 sei hinter den Erwartungen des Marktes zurückgeblieben. Investoren würden mit anhaltend schwachen Bedingungen in der Solarbranche rechnen.

Die globalen makroökonomischen Unsicherheiten gepaart mit überschüssigen Modulvorräten würden die Nachfrage überschatten. Es gebe nur wenige Anzeichen dafür, dass sich die Lage in 2012 deutlich verbessere.

Das Kursziel werde infolge der Kürzung der Ergebnisschätzungen von 60,00 auf 40,00 USD zurückgesetzt. First Solar dürfte in 2012 vermutlich das einzige Solarunternehmen sein, das profitabel arbeiten werde.

Vor diesem Hintergrund empfehlen die Analysten von Brigantine Advisors die Aktie von First Solar weiterhin zum Kauf. (Analyse vom 21.12.11) (22.12.2011/ac/a/a)  

23.12.11 15:05
1

17012 Postings, 5827 Tage ulm000Sunpower kauft Tenesol

Man konnte es ja fast erwarten, dass Sunpower von ihrem Großaktionär Total das Solargeschäft kaufen wird. Damit kauft Sunpower Tenesol (170 MW an Modulkapazitäten in Frankreich und Südafrika) inkl. des Projektgeschäftes und auch Anteile am belgischen Zellbauer Photovoltecs. Der Kauf erfolgt über Aktien. Nach dem Deal hält dann Total 66% an Sunpower.  

Der Link dazu:

http://www.pv-tech.org/news/...from_total_for_us165.4_million_in_cash
("SunPower to acquire Tenesol from Total for US$165.4 million in cash")  

26.12.11 07:44

1113 Postings, 4794 Tage Lucky66News....Turnaroundstory....Übernahmekandidat....?

First Solar Never So Cheap in Takeover Boon for Energy: Real M&A
December 25, 2011, 10:39 AM EST

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By Tara Lachapelle, Christopher Martin and Richard Weiss

Dec. 22 (Bloomberg) -- For acquirers willing to wager on the future of solar power, First Solar Inc. has gotten $22 billion cheaper.

First Solar has tumbled 76 percent this year, the biggest drop in the Standard & Poor’s 500 Index, as the Tempe, Arizona- based company lowered its profit forecast and shifted its focus to large power plants. Once worth $25 billion, First Solar was valued this week as low as $2.64 billion, the steepest discount to net assets since its 2006 initial public offering and cheaper than 94 percent of renewable energy equipment companies greater than $1 billion, according to data compiled by Bloomberg.

The world’s largest maker of thin-film solar panels may now attract takeover interest from General Electric Co. or Siemens AG on the expectation that demand will increase in the $55 billion solar power industry during the next decade as prices become more competitive with fossil fuels and other forms of electricity, according to Robert W. Baird & Co. While short sellers have boosted bearish bets against First Solar to the third highest in the S&P 500, it could command at least a 50 percent premium in an acquisition, said Kaufman Bros. LP.

“Given the pull back in the price, it certainly does make a lot more sense for someone to buy out First Solar,” Jeff Bencik, a New York-based analyst for Kaufman, said in a telephone interview. “At the end of the day, First Solar is still profitable. So you are buying the best in the industry at a discount price. Certainly for both GE and Siemens it would diversify their energy platform.”

First Solar Restructuring

First Solar rose 7.4 percent to $34.15 today for the third- biggest gain in the S&P 500.

Alan Bernheimer, a spokesman at First Solar, Sean Gannon, a spokesman for Fairfield, Connecticut-based GE, and Philipp Encz, a spokesman for Munich-based Siemens, declined to comment on takeover speculation.

Through yesterday, First Solar’s stock had plunged 25 percent since Dec. 14 when it reduced 2011 profit and sales forecasts, projected earnings next year that missed analysts’ estimates and said it will fire about 100 employees in the second restructuring in six weeks. The company is reorganizing to focus on large utility-scale power plants instead of smaller, rooftop installations after ousting its chief executive officer in October and replacing him with Michael Ahearn, the founder and chairman, on an interim basis.

More than 17 million shares, or about 20 percent of First Solar’s outstanding stock, are currently shorted, the third-most in the S&P 500 behind GameStop Corp. and Supervalu Inc., according to data compiled by New York-based Data Explorers. In a short sale, a trader borrows stock and sells it, hoping to profit from a decline by replacing it at a lower price.

‘Bad Neighborhood’

Plunging prices for solar panels have eroded profit margins across the industry as manufacturers ramped up production capacity faster than demand increased, creating a global glut of supply. The spot price of solar panels has fallen 47 percent this year, according to Bloomberg New Energy Finance, while crude oil prices have gained 8 percent in New York.

First Solar uses cadmium-telluride in its thin-film panels, which require less time and energy to manufacture than the more common ones based on silicon semiconductors.

“First Solar is definitely the best company in a bad neighborhood at this point,” Michael Horwitz, a San Francisco- based analyst for Robert W. Baird, said in a phone interview. “Eventually it probably makes sense for them to be part of a larger company.”

Record Low Valuation

The market for solar power surged 67 percent last year to $55 billion on new projects with a capacity of about 18,000 megawatts, according to data compiled by Bloomberg. That’s equivalent to adding 18 typical nuclear reactors for electricity production.

New solar installations may reach 24,000 megawatts this year and hold steady at about that rate next year, according to a Nov. 1 report from Jenny Chase, an analyst at Bloomberg New Energy Finance. Annual demand may climb to as much as 34,700 megawatts in 2013, she wrote.

First Solar’s shares closed Dec. 19 at a record low of 0.65 times book value, or the value of its assets minus liabilities, cheaper than every renewable energy equipment maker with a current market value greater than $1 billion except for wind turbine manufacturer Vestas Wind Systems A/S at 0.62 times, data compiled by Bloomberg show.

The combined equity and net debt of First Solar was valued at 0.9 times sales, also a record low, the data show.

‘On the Cheap’

“It would make a lot of sense for somebody to buy First Solar on the cheap while there is significant dislocation in the solar industry,” Michael Obuchowski, chief investment officer at First Empire Asset Management in Hauppauge, New York, which owns shares of First Solar, said in an e-mail. “Acquiring First Solar at the bottom of the market would be a very smart move for a number of large industrial companies.”

GE, the world’s biggest maker of power-generation equipment, may be interested in acquiring First Solar to bolster its solar operations and take advantage of the company’s technology for power plants, according to GE investor Huntington Asset Advisors and analysts at Kaufman and Robert W. Baird.

“They could buy First Solar, which already has significant scale and is well ahead of where GE is,” said Horwitz at Robert W. Baird. “It would probably make more sense to buy than build. If you’re GE or Siemens, you already build power plants, you’re already out there talking to their customer base, so this would just be another option to bring to the customer.”

Solar Industry ‘Carnage’

GE, the largest wind turbine supplier in the U.S., bought a closely held thin-film maker this year that uses the same material in its solar panels as First Solar and announced in October plans to build its own solar plant in Colorado. The company is investing $10 billion by 2015 to develop environmentally friendly products across its large-equipment areas, including power generation, jet engines and locomotives.

“There’s a lot of carnage in the solar industry right now,” Jeffrey Immelt, GE’s chief executive officer, said at the company’s annual investor meeting in New York last week when asked about potential deals. He said GE’s preference is to build organically.

“GE loves to buy on the cheap,” Peter Sorrentino, a senior fund manager who helps oversee $14.5 billion, including shares of GE and Siemens, for Huntington in Cincinnati, said in a phone interview. “It’s not something that would be a real super competitive advantage, but at the right price, if it made their life easier, of course they’d do the deal.”

Siemens as Buyer

First Solar may also attract Siemens, the market leader in off-shore wind turbines, according to Horwitz and Kaufman’s Bencik. Siemens, Europe’s largest engineering company, is aiming for 40 billion euros ($52 billion) in sales with “green technologies” by 2014, up from 29.9 billion euros in the fiscal year ended Sept. 30.

“They have next to nothing in photovoltaics, and they may be able to combine their strength in wind power with photovoltaics,” the panels that First Solar makes, Thilo Mueller, who helps manage 100 million euros at MB Fund Advisory in Limburg, Germany, said in a phone interview. “It would make sense for Siemens, and they may be able to get First Solar for a comparatively cheap price.”

His fund owns Siemens shares, and he said he’s considering buying First Solar stock.

Still, Siemens’s solar investments have struggled. The company bought Solel Solar Systems for $418 million in 2009 to try to duplicate its success in wind turbines. Losses accelerated as governments curtailed spending on infrastructure and Solel’s solar thermal technology faced less expensive solar panels, leading Siemens to write down the value of the business.

Walton Family

Deals in the solar power industry reached $3.4 billion this year, the most since $6.1 billion in transactions were announced in 2009, data compiled by Bloomberg show, as targets sought partners to share project costs and acquirers took advantage of a drop in solar stocks.

First Solar shareholders, the largest of whom is the Walton family that founded Wal-Mart Stores Inc. and own almost a third of the solar company’s shares, would likely demand at least a 50 percent premium in a takeover, Kaufman’s Bencik said. That would equate to $47.70 a share based on yesterday’s closing price. Total SA paid a 44 percent premium for a 60 percent stake in First Solar’s rival SunPower Corp. in April.

“Beauty is in the eye of the beholder,” Timothy Arcuri, an analyst for Citigroup Inc. in San Francisco, said in a phone interview. “If you’re bullish on solar and you think there’s ultimately going to be significant demand for these big solar farms around the world, there really is no other company on the planet today that can provision, develop and finance -- or get financed -- for these big solar farms.”

--With assistance from Rachel Layne in Boston. Editors: Sarah Rabil, Daniel Hauck.

To contact the reporter on this story: Tara Lachapelle in New York at tlachapelle@bloomberg.net; Christopher Martin in New York at cmartin11@bloomberg.net; Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editors responsible for this story: Daniel Hauck at dhauck1@bloomberg.net; Katherine Snyder at ksnyder@bloomberg.net; Reed Landberg at landberg@bloomberg.net.  

27.12.11 11:25
1

17012 Postings, 5827 Tage ulm000Foxconn stiegt also doch in PV ein

Die Spatzen haben es ja schon vor ein paar Monaten von Dächern gepfiffen, dass einer der größten Halbleiterauftragsfertiger, die taiwanesische Foxconn, ins Zell-/Modulgeschäft einsteigen wird. Offenbar wird schon eine größere Fabrik in der chinesischen Provinz Jiangsu gebaut. Es gibt aber dazu unterschiedliche Nachrichten. So sollen erstmal nur 30 Mio. ? investiert werden, aber andere Quellen schreiben schon, dass im April eine 400 MW große Zellproduktion von Foxconn ihr Ramp Up haben soll. Was dann deutlich üner 30 Mio. ? bedeuten würde. Auch schreiben Quellen, dass Foxconn bis zu 1,5 Mrd. $ in seine neue Solarsparte investieren will. Für Foxconn ist das nicht so viel Geld. Die Geschichte ist richtig richtig spannend, denn Foxconn könnte den PV-Markt richtig aufmischen. Zumal ja zwischen Foxconn und dem Poly- und Waferhersteller GCL Poly ganz offenbar eine mehr oder weniger enge Zusammenarbeit geplant ist.

Der Link dazu:

http://www.bloomberg.com/news/2011-12-23/...s-for-chinese-makers.html
("Foxconn’s Entry Into Solar May Cut Margins for Chinese Makers")  

03.01.12 10:55
1

17012 Postings, 5827 Tage ulm000Modulpreise fallen wieder

Man konnte es sich ja fast denken, dass die Modulpreise zu Ende 2011 wieder weiter kräftig fallen werden und so ist nach der Meldung von Digitimes auch gekommen. Die Chinesen haben demnach ihre Modulpreise um rd. 10% bzw. 0,07 ?/W (von 0,80 bis 0,85 ?/W auf 0,70 bis 0,80 ?/W) und die Europäer um rd. 18% bzw. 0,15 ?/W (von 1,00 bis 1,07 ?/W auf 0,80 bis 0,90 ?/W) gesenkt. damit sind jetzt dann auch die Modulpreise von Solarworld und Co. bei unter 1 ?/W angelangt. Ist echt der helle Wahnsinn und mit dem hat vor einem Jahr überhaupt keiner gerechnet.

Hier der Link dazu:

http://www.digitimes.com/news/a20120103PD209.html
("Chinese and European vendors lower solar module prices in Europe market")

Der chinesische Autobauer und Batterienhersteller BYD hat in China die größte Batterie mit 36 MWh in China (Zhangbei) in Betrieb genommen. Die billige Eisen-Phosphat-Batterie (Li-Batterien sind erhbelich teurer) wird von einem Windpark (100 MW) und einem Solarpark (40 MW) gespeist und hat einen Wirkungsgrad von 95%. Leider gibt es keine Kosten zur dieser riesigen Batterie. Das komplette Projekt (Wind, PV und Batterie) hat rd. 500 Mio. $ gekostet.

Hier der Link dazu:

http://gigaom.com/cleantech/...gy-storage-station-kicks-off-in-china/
("Massive battery energy storage station kicks off in China")  

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