First Solar shares fall after average cost of panels rises

BLOOMBERG NEWS Shares of First Solar Inc., the world’s biggest maker of solar power modules with its only U.S. solar-panel plant in Perrysburg Township, fell the most in five months in New York trading Friday after changes in production processes increased average panel costs for the first time in at least two years. The stock dropped $ 13.47, or 9 percent, to $ 137.68 in trading on the Nasdaq …
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A U.S. proposal that may improve prospects for a $ 5 billion wind-power grid off the Atlantic Coast backed by Google Inc. is sparking a fight between utilities and companies developing renewable energy.
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BERLIN, Oct. 27 (UPI) — A boom in solar power in Germany, while good for the environment, could crash the country’s aging power grid, experts say.
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