Die haben gestern vor sinkenden Margen aufgrund der steigenden Siliziumpreise gewarnt. Ich bin mir gar nicht sicher, ob das Evergreen überhaupt betrifft, da die ja langfristige Lieferverträge haben (ich weiß allerdings nicht, ob zu festgelegten Preisen) und zudem über EverQ eine enge Partnerschaft mit dem größten Siliziumhersteller REC haben. Außerdem benötigen Evergreens Solarzellen ja auch noch deutlich weniger Silizium als die der Konkurrenz, also ist der Abschlag gestern eher als "Sippenhaft" als als fundamental begründet anzusehen. Artikel dazu:
Suntech shares drop after warning on margins
Tue Feb 14, 2006 2:44 PM ET
SAN FRANCISCO, Feb 14 (Reuters) - Shares of Suntech Power Holdings Co. (STP.N: Quote, Profile, Research) fell more than 12 percent on Tuesday after the Chinese maker of solar panels said high raw material prices would squeeze margins this year.
China's Suntech posts lower profit
It was the company's biggest single-day percentage drop since it debuted on the New York Stock Exchange in December. The stock, now at a one-month low of $33.72, was also the biggest percentage loser on the exchange.
On Monday, Suntech, based in the eastern Chinese city of Wuxi near Shanghai, said its fourth-quarter profit fell from a year earlier even as revenue more than doubled.
It blamed a 50 percent jump in the price of silicon, the main ingredient in solar panels used to generate electricity, and forecast further rises of 15 to 20 percent in 2006.
Meanwhile, the company said it would only be able to raise average selling prices of its products by 5 to 7 percent.
"Only solar companies with contracts can grow, and only those with fixed-price contracts can maintain margins," Piper Jaffray analysts Jesse Pichel and Ming Yang wrote in a research note about the company.
"Longer term, we prefer companies that can reduce or eliminate polysilicon usage per watt until poly becomes more abundant in 2008," they said.
Concern over the soaring price of silicon, the main ingredient in solar panels as well as computer chips, also drove down shares in other companies linked to the industry.
SunPower Corp. (SPWR.O: Quote, Profile, Research), a California-based maker of solar panels spun out from Cypress Semiconductor Corp. (CY.N: Quote, Profile, Research) last November, fell 3.1 percent to $35.94 on the Nasdaq.
Evergreen Solar Inc. (ESLR.O: Quote, Profile, Research) fell as much as 5.8 percent but recovered somewhat by mid-afternoon to trade down 2.6 percent. Energy Conversion Devices (ENER.O: Quote, Profile, Research) shed as much as 2.1 percent but came back to trade down less than 1 percent.
SG Cowen analyst Robert Stone said he still rated Suntech a "buy" because of strong demand for solar energy and its efforts to make its panels more efficient.
"We believe scale, low cost, high capacity growth, high quality, and domestic supply relationships make it an attractive global solar ... play," Stone wrote.
Demand for solar panels has been fueled in part by government efforts to develop alternative energy supplies.
California recently adopted a $2.9 billion plan to install solar electricity panels on 1 million homes and buildings with the aim of making the state the world's third-biggest solar producer behind Japan and Germany.
China, whose booming economy has given it a tremendous thirst for oil and other fuels, has also made alternative energy, including solar, a centerpiece of its energy policy.