Edisun Power Europe AG (ESUN), a Zurich- based solar power producer, climbed as much as 32 percent to 66 francs today, its highest since October, following Japan’s nuclear-reactor accident.
The company is among the solar project developers in Europe that are expected to benefit in response to the nuclear situation in Japan. Edisun, with a market value of almost 23 million francs ($25 million), said as of mid-2010 that it operated 70 solar power facilities with a total capacity of 8.7 megawatts in Switzerland, Germany, Spain and France.
Edisun, which develops, finances and operates solar power plants through much of Europe, has risen 16 percent this year.
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