Asia Solar Stocks Surge on Strong Demand Hopes

Asian solar stocks on Thursday echoed a rally by their U.S. peers, with some surging as much as 20 percent on signs that prices for solar energy components are stabilizing.

Most solar stocks retreated by more than 60 percent last year as prices for panels that convert sunlight into electricity fell sharply, erasing profit margins for manufacturers.

The global rally came as investors cheered figures showing a dramatic rise in new solar installations in Germany in the fourth quarter and higher prices for polysilicon, a key raw material.

For more information please visit CNBC’s website at http://www.cnbc.com/id/45967909 to read the article and see stock quotes on specific solar energy companies.