First Solar shares climb despite German move
Shares of First Solar, which has a manufacturing site in Germany and made 60 percent to 70 percent of its sales there last year, climbed near their highest level of the day at $136.23 after dropping nearly $3 to $132.30 when news of the cuts was reported on January 14.
Germany plans to cut solar financial supports for new roof and open-field sites from April by 16 percent to 17 percent, government and industrial sources told Reuters.
Additional cuts to the subsidies will be made from 2011 if solar projects amount to more than 3,000 megawatts and even more if they total more than 3,500 megawatts, the sources said.
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Operating record for Bruce Power as Covid-19 support Council announced
ONTARIO - Canada’s Bruce Power said on 1 May that unit 1 at the Bruce nuclear power plant had set a record of 624 consecutive days of reliable operation – the longest since it was returned to service in 2012.
It exceeded Bruce 8’s run of 623 consecutive days between May 2016 and February 2018. Bruce 1, a Candu reactor, was put into service in 1977. It was shut down and mothballed by the former Ontario Hydro in 1997, and was refurbished and returned to service in 2012 by Bruce Power.
Bruce units 3 and 4 were restarted in 2003 and 2004.…
