Market Overview

German Solar Power Plants Produce 50% of the Nation's Electric Energy On Saturday

Related EWG
9 Investment Options For Traders Looking To Add Europe To Their Portfolio
An Overlooked ETF Caught In The Crosshairs Of The Volkswagen Scandal
Something Is Wrong With The U.S. Stock Market - Part II (Seeking Alpha)
Related FSLR
Solar Stocks Are Getting Killed By SolarCity's Whiff
Low Oil Prices Pave The Way For Investment Opportunities
Why The Solar Industry Gives Low Investor Returns (Seeking Alpha)

Solar power plants in Germany produced a record 22 gigawatts of electricity per hour on Saturday, according to Reuters. This was enough to meet 50% of the country's electric power needs for the day.

The German government decided to shut down all nuclear power plants by 2022, following the Fukushima nuclear disaster. Those plants will be replaced by renewable energy sources including wind and solar.

Posted-In: News Sector ETFs Global Tech ETFs General


Related Articles (EWG + FSLR)

Get Benzinga's Newsletters