Solar companies
Comment of the Day

January 02 2014

Commentary by Eoin Treacy

Solar companies

Eoin Treacy's view

Solar and wind shares were among the big winners in 2013 as they recovered from what amounted to brushes with bankruptcy for a number of the weaker companies. The rationalisation of global capacity, lower prices for solar cells on a per unit of electricity basis and recovering demand all helped to fuel investor interest. 

Over the last six weeks, the sector has been in a process of mean reversion so it is notable that a number of the better performers found support today in the region of their respective 200-day MAs. First Solar, SunEdison and China Sunergy all share this pattern. 



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