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SolarWorld AG and solar-cell maker Q-Cells SE jumped more than 8%, while wind turbine maker Nordex SE rose 13%.
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Q-Cells ( QCLSF - news - people ), the world's largest maker of solar cells, beat first-quarter profit expectations but lowered its 2009 profit forecast for the third time since December.
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Daimler Benz (which already produces an advanced fuel-cell car) recently bought 27% of Ballard, a maker of fuel cells.
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Suntech Power Holdings ( STP - news - people ) (17, STP) , also Chinese, is the largest maker of solar cells using silicon wafers.
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Mike Brown, an executive with UTC Power, a leading fuel-cell maker, said the fuel cells need to last at least four or five years for the technology to be competitive.
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Nanosolar, furthermore, a maker of thin-film solar cells, has a project in Spain that applies nano-science that will provide 16, 500 megawatt hours of electricity each year.
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Meanwhile, other companies, such as GCL-Poly Energy, which is among the largest maker of silicon and silicon wafers (for making solar cells) in the world, are willing to expand production and lose money for a while in order to gain market share, Mehta said.
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Nokia (nyse: NOK - news - people ), the world's largest cellular handset maker, says it's putting off plans to develop phones powered by fuel cells.
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On Monday, solar cell makers Q-Cells SE and Solar World gained 8.5% and 8.8%, while wind turbine maker Nordex advanced 13.3%.
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