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Technology Stocks : Pacific Internet Pte Ltd (PCNTF)
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From: OmertaSoldier6/13/2007 11:25:56 PM
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AP..Sector Glance: Solar Cell Makers Up
Wednesday June 13, 4:31 pm ET
Senate Energy Debate Boosts Shares of Companies Making Photovoltaic Cells

NEW YORK (AP) -- Shares of solar cell makers climbed Wednesday after the U.S. Senate began debating a federal energy bill that could give the companies greater support.
Democratic Congressional leaders are looking to raise fuel efficiency standards and toughen punishments for oil price gouging. One Senator plans to propose a requirement that 15 percent of a utility's power come from renewable sources, including solar power.


Cowen & Co. analyst Rob Stone said a tax credit for solar energy investment would probably be included in the final version of the bill.

Here are how some key players in the sector fared Wednesday:

Trina Solar Ltd. shares jumped $1.86, or 4.8 percent, to end at $41.05.

First Solar Inc. stock rose $3.32, or 4.7 percent, to $74.36, and set an all-time high of $74.73.

JA Solar Holdings Co. gained $1.13, or 4.6 percent, to $25.68.
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