Word: solarworld
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Dates: during 2000-2009
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...German market has exploded since 2004. Today, because of their speed and flexibility, German solar outfits are outpacing their larger, more established Japanese rivals. But the mavericks leading the pack-- Conergy AG, Q-Cells AG and SolarWorld AG--have come up with three business models as different as they are successful...
...SolarWorld AG, headquartered in Bonn, could be one of the beneficiaries. Founded in 1999, the company began as a distributor of solar modules, then added module production. Today it also produces cells, markets "plug and play" solar systems and develops and installs solar parks. "I didn't want to be squeezed between producers and the market," says CEO Frank Asbeck. "As a dealer, you are dependent on your suppliers, and when the market gets good, they kick...
...following a path already established by Motech, which rose 130% on Taiwan's small-cap bourse last year, outstripping other pure-play solar manufacturers such as Germany's SolarWorld (up 61% last year). Sino-American was another spectacular winner: its share price trebled last year on the back of a shortage in silicon wafers...
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