STOCKS NEWS EUROPE-Solon gains on California project

Shares in German solar module maker Solon (SOOG.DE) soar 12 percent to the top of Frankfurt's technology index .TECDAX after the company is hired by California's Pacific Gas & Electric Co for a pilot solar project on one of its properties as part of the utility's plan to build 250 MW of solar capacity.

"(This) may help short-term sentiment, even though (this is) no big thing," says a local trader, referring to Solon's shares. California's Pacific Gas, owned by PG&E Corp (PCG.N), says the German solar module maker would create the 2-megawatt facility at its Vaca-Dixon substation.

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