The Hamburg-based COLEXON Energy AG (WKN 525070, ISIN DE0005250708) has issued its report for the first quarter of 2011.
In the photovoltaics industry, the first quarter of 2011 was characterized by very low demand and political discussions on feed-in tariffs in the core markets. Alongside general consumer restraint, the poor weather conditions also meant that the entire European solar market fell short of projected values. Due to the harsh cutbacks in remuneration for energy feeding back from the grid, the German sales market in the first quarter of 2011 also showed up much weaker than the same period in 2010.
In the photovoltaics industry, the first quarter of 2011 was characterized by very low demand and political discussions on feed-in tariffs in the core markets. Alongside general consumer restraint, the poor weather conditions also meant that the entire European solar market fell short of projected values. Due to the harsh cutbacks in remuneration for energy feeding back from the grid, the German sales market in the first quarter of 2011 also showed up much weaker than the same period in 2010.
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