Canadian Solar connects solar power plant to Jiangsu Province grid Canadian Solar announced the successful completion and grid connection of a 10 MW ground mounted solar power project in Sihong County of Jiangsu Province in eastern China. This project was developed by CSI Solar Power China, a subsidiary of Canadian Solar.
Solar stock weakness seems overdone, says JPMorgan JPMorgan attributes the 7% selloff in Tier-1 solar company stocks since May 15 to negative news from Yingli (YGE) and Hanergy Thin Film. The firm believes Yingli's issues are company-specific and that Trina Solar (TSL) results are a better barometer for the solar industry than Yingli and Hanergy. The firm's top picks in Alternative Energy are Canadian Solar (CSIQ) and SolarCity (SCTY). It also has Overweight ratings on Cree (CREE), Enphase Energy (ENPH) and Veeco (VECO).