{"id":265491,"date":"2010-02-02T12:25:09","date_gmt":"2010-02-02T17:25:09","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=5985"},"modified":"2010-02-02T12:25:09","modified_gmt":"2010-02-02T17:25:09","slug":"german-solar-subsidy-spat-causes-investor-pullback","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/265491","title":{"rendered":"German Solar Subsidy Spat Causes Investor Pullback"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/policy.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Policy\" \/><\/p>\n<p>Uncertainty over Germany\u2019s solar subsidies is causing at least one major investor to pull back from solar stocks, according to Bloomberg.<\/p>\n<p>Gabelli &amp; Co\u2019s SRI Green Fund has <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601130&amp;sid=asljKPXwjrSM\">cut its holdings<\/a> and is taking what fund manager John Segrich calls \u00a0a \u201cdefensive view.\u201d<span id=\"more-5985\"><\/span>Germany\u2019s coalition government has been debating <a href=\"http:\/\/greenenergyreporter.com\/2010\/01\/germany-eyes-one-month-delay-to-feed-in-tariff-cuts\/#more-5931\">the cuts to feed-in tariffs<\/a>, which guarantee a premium price for electricity generate by solar power thereby spurring demand for panels, since the September election.<\/p>\n<p>The German Environment Ministry is considering a delay in the 15 percent cut for one month, from April 1 to May 1. Other lawmakers from the ruling Christian Democrats have proposed cuts of 25 percent to 30 percent.<\/p>\n<p>It isn\u2019t clear how the cuts will shake out, but Segrich tells Bloomberg that the fund has \u201creduced a lot of exposure.\u201d He declined to give specifics on the fund\u2019s holding but has previously said the it was heavily invested in Chinese solar stocks.<\/p>\n<p>The shares of one such Chinese solar stock, Suntech Power Holdings (NYSE:STP) , have fallen from a 2010 high of $18.40 on Jan. 5 to $13.55 at noon today.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/G1aBJ8TM8O8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uncertainty over Germany\u2019s solar subsidies is causing at least one major investor to pull back from solar stocks, according to Bloomberg. Gabelli &amp; Co\u2019s SRI Green Fund has cut its holdings and is taking what fund manager John Segrich calls \u00a0a \u201cdefensive view.\u201dGermany\u2019s coalition government has been debating the cuts to feed-in tariffs, which guarantee [&hellip;]<\/p>\n","protected":false},"author":854,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-265491","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/265491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/854"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=265491"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/265491\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=265491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=265491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=265491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}