SunPower of Richmond, California, largely owned by the French company Total, reported in February that its 4th quarter 2011 results beat analysts’ estimates. The stock rose over 8% on the news. Competitor SunTech of Jiangsu, China, had similarly good news and marketplace results. A closer look at the numbers suggested that getting product and projects done to beat subsidy deadlines (and expirations) in Germany and the US were big contributors to both companies’ results. 2012 may be more iffy as US presidential politics play out with real questions about belief in global warming and the role of government in guiding the economy at the fore.
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