First Solar shares climb despite German move


Substation Relay Protection Training

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
First Solar shares moved higher after initially sinking on news that Germany, the world's top solar market, announced it would cut supports for the renewable energy source.

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.

Related News

Ontario Extends Off-Peak Electricity Rates to Provide Relief for Families, Small Businesses and Farms

Ontario Off-Peak Electricity Rate Relief extends 8.5 cents/kWh pricing 24/7 for residential, small business, and…
View more

Data Show Clean Power Increasing, Fossil Fuel Decreasing in California

California clean electricity accelerates with renewables as solar and wind surge, battery storage strengthens grid…
View more

Consumers Coalition wants Manitoba Hydro?s proposed rate increase rejected

Manitoba Hydro Interim Rate Increase faces PUB scrutiny as consumers coalition challenges a 5% electricity…
View more

Ontario, Quebec to swap energy in new deal to help with electricity demands

Ontario-Quebec Energy Swap streamlines electricity exchange, balancing peak demand across clean grids with hydroelectric and…
View more

'That can keep you up at night': Lessons for Canada from Europe's power crisis

Canada Net-Zero Grid Lessons highlight Europe's energy transition risks: Germany's power prices, wind and solar…
View more

'Unbelievably dangerous': NB Power sounds alarm on copper theft after vandalism, deaths

NB Power copper thefts highlight risks at high-voltage substations, with vandalism, fatalities, infrastructure damage, ratepayer…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified