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Stock Market & Financial Investment News

News Breaks
August 19, 2014
09:20 EDTYGE, JASO, TSL, CSIQ, SOL, JKSReported settlement offer positive for Chinese solar stocks, says Roth Capital
After Bloomberg reported Friday that China had proposed a deal that would settle the solar product trade dispute between the U.S. and it, Roth Capital now sees an approximately 30%-40% chance of the two countries reaching a deal, up from its prior expectations of 5%-10% previously. The firm does not think that Beijing would have made such a proposal if it did not have "a decent probability of success." Roth believes that sentiment towards Chinese solar stocks has improved as a result of this story. It keeps Buy ratings on Canadian Solar (CSIQ), JA Solar (JASO),Jinko Solar (JKS), and Trina Solar (TSL). It has Neutral ratings on Yingli Green Energy (YGE) and ReneSola (SOL).
News For CSIQ;JASO;JKS;TSL;YGE;SOL From The Last 14 Days
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July 30, 2015
14:15 EDTYGE, TSL, JASO, CSIQSharp to halt production of thin solar cells, Nikkei says
Sharp (SHCAY) plans to stop producing thin solar cells due to heightened price competition from Asian rivals, reports Nikkei. The publication notes that the company will use its Sakai thin solar cell plant to instead produce solar panels for residential use. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
07:24 EDTCSIQCanadian Solar to supply commercial inverters to California agricultural farms
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July 28, 2015
07:11 EDTCSIQCanadian Solar signs $28.35M credit agreement with Rabobank Hong Kong
Canadian Solar announced that it has signed a JPY3.5B or $28.35M, credit facility agreement with Rabobank Hong Kong. The credit facility has a two-year maturity and will be used to finance the construction of an initial portfolio of up to 20 MWp of Canadian Solar's solar power plants in Japan.
07:10 EDTJKSJinkoSolar subsidiary signs RMB3B credit agreement with Ping An Bank
JinkoSolar Holding announced that JinkoSolar Power, a subsidiary of the Company, has signed a three-year RMB3B line of credit agreement with Ping An Bank, or PAB. PAB's financing will be used to support Jinko Power's PV project developments. According to the terms of the agreement, the line of credit is RMB3B for three years. The first loan of RMB630M has been withdrawn and will be used to support the development of PV solar power plant projects in Inner Mongolia, Guangdong province, and Zhejiang province.
July 27, 2015
09:17 EDTCSIQCanadian Solar identified as top solar pick at Roth Capital
Roth Capital identifies Canadian solar as a top pick in the solar space, citing its leading position among peers this cycle in transforming its business model to focus on downstream and the company’s limited exposure to China. The firm keeps a Buy rating on the shares.
07:06 EDTCSIQCanadian Solar completes Grand Renewable Solar Project
Canadian Solar announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., reached substantial completion on its 100 MW AC utility-scale Grand Renewable Solar Project. This project, located in the county of Haldimand, consists of approximately 445,000 CS6X MaxPower high-performance Ontario-made modules, and carries the proud distinction of being the largest operational solar farm in the nation.
05:32 EDTSOLReneSola signs 30MW solar module sales agreement
ReneSola announced it has agreed to provide Cofely Solar Technics with 30 megawatts of solar modules, which will be used in a ground-mounted, utility-scale project in Nottinghamshire in the UK. Under the terms of the agreement, ReneSola's contracted OEMs will deliver 30MW of the Company's high-efficiency 260w Virtus II solar modules produced in Poland for the project between July and September of this year.
July 24, 2015
11:01 EDTCSIQ, JASO, TSL, YGESolarCity rises after analyst says second half outlook strong
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July 21, 2015
08:09 EDTYGEYingli Green Energy subsidiary selected for 50MW solar power plant in China
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07:16 EDTCSIQCanadian Solar announces construction, financing loan from Manulife
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July 20, 2015
07:03 EDTCSIQCanadian Solar completes grid connection of three solar power plants in Japan
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July 17, 2015
07:02 EDTTSLTrina Solar's s PV modules receive UL1500V certification
Trina Solar's TSM-PE05A and TS-PE14A polycrystalline modules have received UL1500V certification from Underwriters Laboratories, a global independent safety science company. The UL1500V award certifies that the Modules are allowed to be used in PV systems with a maximum system voltage of 1500V, significantly higher than the existing 1000V of most modules on the market. Furthermore, the 1500V certification demonstrates that the Modules produced by Trina Solar meet higher technical standards and quality requirements.

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