Jefferies Sees Germany Solar Cap Fears As Overblown, Top Picks Are TSL, YGE, SATC, JASO

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09:24:12 pm on December 8, 2010

According to Barrons, Jefferies believes that fears about a slow down in solar business in Germany due to caps on investments in renewable energy are overblown and that Germany is committed to making clean energy 18% of total energy consumption within the next 10 years.

Analyst Jesse Pichel’s visits with officials and companies in the Berlin area indicate that “there will be no German solar cap in 2011, but the [German Environment Ministry] does want to prevent a 10 gigawatt boom market in 2011 and a low demand in 2012,” he writes.

Pichel’s top solar energy stocks are Trina Solar (TSL), Yingli Green Energy (YGE), Satcon (SATC) and JA Solar (JASO).

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