German solar powerhouse Q-Cells launched its Q.
FORBES: Q-Cells Aims for Shaded Roofs with Efficient Thin-Film Panels
Meanwhile, the cost of making traditional crystalline cells is dropping, making it easier for companies like Q-Cells and Suntech to compete with First Solar on price.
As U.S. companies begin to ramp up CIGS thin film production, Q-Cells announced at the end of 2010 that its production capacity for Q.
FORBES: Q-Cells Aims for Shaded Roofs with Efficient Thin-Film Panels
SolarWorld AG and solar-cell maker Q-Cells SE jumped more than 8%, while wind turbine maker Nordex SE rose 13%.
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%.
Q-Cells is relatively new to the North American market, launching with its utility-scale product in 2009 and slowly building its business.
FORBES: Q-Cells Aims for Shaded Roofs with Efficient Thin-Film Panels
Despite the weekend news of Q-Cells sale, the Spanish firm announced a bid for the company, citing that the final transaction is subject for approval by creditors today.
Another industry giant, Germany's Q-Cells, filed for bankruptcy last April.
System providers like Q-Cells and First Solar will continue to sell in Germany, but there's more incentive now to focus on other countries where the market is still tiny.
There was a mixed showing for German solar power companies Q-Cells and Solon, after both alluded to difficulties in trading in the first quarter and for the rest of the year.
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.
From there on the solar manufacturing world began to crumble and, along the way, we saw the demise of high-profile U.S. startups such as Solyndra and Abound Solar and the bankruptcies of long-time players such as Q-Cells in Germany.
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