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Stock Market & Financial Investment News

News Breaks
August 5, 2014
13:45 EDTJKS, TSL, CSIQ, CSUNChina may implement new policies to encourage solar energy use, Bloomberg says
China may unveil policies as soon as this month to encourage businesses to install solar technology on roofs, according to Bloomberg. The policies would call for local planners to add more projects that would enable electricity to be distributed to nearby consumers, the news service reported, citing unnamed sources. Shares of Chinese solar energy companies are surging today, with Canadian Solar (CSIQ) jumping 5% to $25, JinkoSolar (JKS) climbing 6.5% to to $25.25, China Sunergy (CSUN) gaining 3.5% to $3, and Trina Solar (TSL) advancing 7% to $11.50. Reference Link
News For CSIQ;JKS;CSUN;TSL From The Last 14 Days
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December 18, 2014
07:13 EDTCSIQSolarCity, Canadian Solar called top 2015 solar picks at JPMorgan
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December 17, 2014
06:36 EDTTSL, CSIQU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. 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
December 16, 2014
07:07 EDTCSIQCanadian Solar completes sale of RayLight solar power plant
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December 12, 2014
08:42 EDTCSIQCanadian Solar has reached attractive entry point, says Roth Capital
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07:01 EDTJKSJinkoSolar supplies China General Nuclear Power Group 80 MW of solar modules
JinkoSolar announced that it has supplied 80 MW of solar PV modules to China General Nuclear Power Group for a solar PV project in Neihuang County, Henan Province. Located in Mashang and Liucun, two villages in Neihuang County, Henan Province, the project is being built on the rooftops of traditional agricultural greenhouse. It utilizes 325689 pieces of JinkoSolar's high-efficiency PV modules is expected to be connected to the grid by the end of 2014.
December 8, 2014
09:04 EDTCSIQCanadian Solar management to meet with JPMorgan
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06:11 EDTTSLTrina Solar acquires 28% stake in Shuntai Leasing
Trina Solar announced it has entered into a share purchase agreement to acquire a 28% stake in Shuntai Leasing Company Limited. Total registered capital of Shuntai is approximately $50M. Changzhou Hi-tech Jinlong Holdings, a subsidiary of Changzhou Hi-tech Group Co., is the major shareholder of Shuntai. Changzhou Hi-tech Group is one of the largest state-owned companies in Changzhou covering a wide range of businesses including government financing, city development and operation of business enterprises. The group also owns several financing institutions and has raised approximately $5.5B in the past years. Trina Solar has also signed a cooperation agreement with Shuntai to finance the company's downstream projects and solar manufacturing business by leveraging Shuntai's leasing platform.
06:06 EDTCSIQSharp could sell U.S. solar unit to Canadian Solar, Nikkei reports
Sharp (SHCAY) will reportedly sell its U.S.-based solar energy development unit Recurrent Energy to Canadian Solar (CSIQ) for about $250M, The Nikkei said yesterday. Sharp aims to reach a basic agreement Canadian Solar by the end of the month and complete the sale by spring, the report indicated. Reference Link
December 5, 2014
07:01 EDTJKSJinkoSolar' Eagle+ modules reach new height of power output
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