NEW YORK (
TheStreet) -- Solar stocks experienced a surge on election results in Germany, where Chancellor Angela Merkel's party suffered big losses, and with the German electorate citing anti-nuclear energy policy as a primary issue. The long-term implications of the Green Party election victories in Germany have to be viewed as a positive for green energy, but there are important short-term solar sector catalysts that could take away from the one-day surge in the days and weeks to come.
In the superficial rendering of German politics, Merkel's CDU party is the long-time friend of nuclear energy, and every time a new round of debate comes up over solar incentives in Germany, the solar industry has positioned the issue as "the nuclear lobby versus green energy."
http://www.thestreet.com/story/11062629/1/solar-stock-winners-german-elections-propel-stocks.html