Suntech Power

Solar power component companies roared back to the top of the heap this week, with the EnergyBoom Solar Subindex (E•B Solar) increasing 7.91 percent and the Guggenheim Solar ETF (TAN) increasing 6.38 percent, beating all other green tech sectors and the broader markets.

EnergyBoom’s Efficiency Subindex (E•B Efficiency) increased 4 percent this week to beat the broad market indices and other green sector indices, led by Power-One, Inc. (NASDAQ: PWER), which increased 14 percent, and Rubicon Technology, Inc. (NASDAQ: RBCN), which was up 11 percent.

In a "switch on" event the Sydney Theater Company (STC) Artistic Directors Cate Blanchett and Andrew Upton officially turned on Sydney's largest rooftop solar array at its theater, The Wharf.

EnergyBoom’s E•B Solar subindex, led by the Chinese low-cost solar cell and module producers, increased 5.10 percent last week.  E•B Solar beat EnergyBoom’s other four clean sector indices and all broad market indices except the Hang Seng (Hong Kong) Index which increased 7.18 percent.

Solar-panel maker SunPower Corp. (Nasdaq: SPWRA) this week completed its buyout of SunRay Renewable Energy, an international power plant developer with European and Middle Eastern operations.

Often overshadowed by construction-happy Dubai, its extravagant, cosmopolitan and pretentious cousin, Abu Dhabi is a laid-back Persian Gulf city with ambitions of its own: to reinvent itself as a center for clean energy, an unlikely goal for a place fueled by petrodollars.