For months, investors have fretted about an expected change in Solar energy incentives in Italy, a market that exploded last year due to generous government support.
Those concerns caused share prices in the industry to nosedive last year, with the WilderHill New Energy Global Innovation index .NEX of alternative energy stocks dropping 14.6 percent in 2010.
In 2011, however, the index is up more than 7 percent, in part because Italian demand for solar held up until recently.
"It's not going to be Armageddon this quarter," said Morningstar analyst Stephen Simko. "Next quarter will be the real telltale sign of where the industry is."
Author: Zhejiang Haining Tiange Solar Energy Science Technology Co., Ltd.
Website:http://www.sunnyrainsolar.com/
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