Solar Makers Climb After Japan Announces Subsidized Rates
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Solar manufacturers led by LDK Solar Co. and First Solar Inc. rose to the highest in a month after Japan approved subsidies that will encourage at least $9.6 billion in new installations in the country.
The Bloomberg Industries Global Large Solar Energy Index of 17 companies rose 2 percent to $12.77 at the close in New York, the highest since May 17.