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Stock Market & Financial Investment News

News Breaks
April 28, 2014
12:59 EDTSOL, CSIQ, YGE, JKS, TSL, JASOChinese solars slump following cautious Credit Suisse note
Shares of Chinese solar energy companies are retreating after Credit Suisse issued a cautious note on the sector to investors earlier today. WHAT'S NEW: After speaking with a number of companies in the Chinese solar energy sector, Credit Suisse analyst Patrick Jobin is more pessimistic about the ability of the Chinese government to meet its target of increasing its solar energy installations by 14 GW in 2014. He now expects the country to increase its solar energy output by 11.5 GW this year, down from his previous estimate of a 12 GW increase. Demand for solar energy is likely to rebound in the second half of 2014, but Beijing must make policy changes for this to happen, Jobin contended. In 2014, the market will differentiate between Chinese solar energy companies with access to project capital and permits, and those with challenges funding installation projects, the analyst wrote. Companies in the sector with access to both project capital and permits include JinkoSolar (JKS), Canadian Solar (CSIQ), and JA Solar (JASO), the analyst contended. Companies with challenges in either or both areas are Yingli Green Energy (YGE), ReneSola (SOL) and Trina Solar (TSL), Jobin stated. He reiterated an Outperform rating on JinkoSolar and kept Underperform ratings on Yingli and ReneSola. PRICE ACTION: In early afternoon trading, JinkoSolar fell 9% to $27, Canadian Solar tumbled 11% to $26.50, JA Solar sank 8% to $10, Yingli Green lost 3.5% to $3.50, ReneSolar slumped 6% to $2.80, and Trina Solar tumbled 11% to $11.15.
News For JKS;CSIQ;JASO;YGE;SOL;TSL From The Last 14 Days
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February 8, 2016
07:05 EDTCSIQCanadian Solar begins commercial operation of three PV power plants in Japan
Canadian Solar announced that it started the commercial operation of three solar photovoltaic power plants in Japan, totaling approximately 6.2 MWp. The 6.2 MWp portfolio of projects include the 2.3 MWp Ashikita Solar Power Plant in Kumamoto City, Kumamoto Prefecture, the 2.2 MWp Minamishimabara Power Plant - East and the 1.7MWp Minamishimabara Plant - West in Minamishimabara City, Nagasaki Prefecture. The 2.3 MWp Ashikita Solar Power Plant, powered by 9,030 Canadian Solar CS6P-260P modules, achieved commercial operation on December 11, 2015. The 2.2 MWp Minamishimabara Power Plant - East, powered by 8,602 Canadian Solar CS6P-260P modules, achieved commercial operation on December 25, 2015. And finally the 1.7 MWp Minamishimabara Plant - West, powered by 6,509 Canadian Solar CS6P-260P modules, achieved commercial operation on January 29, 2016.
February 5, 2016
06:38 EDTYGEYingli Green Energy announces partnership with Iberdrola
Yingli Green Energy has recently signed an agreement with Iberdrola, for the new product "Smart Solar Iberdrola", the turnkey solar PV solution that Iberdrola has set up to its customers which offers the possibility to generate and consume their own electricity by installing this technology. Yingli will provide Iberdrola with its extensive portfolio of solar panels, experience and best resources including technical and human, for assembly work, configuration and monitoring of equipment performance, and preventive and corrective maintenance, to make sure the systems perform as safely and efficiently as possible.
February 1, 2016
07:02 EDTJASOJA Solar's portfolio passed 96-hour Potential Induced Degradation test
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January 28, 2016
19:01 EDTCSIQCanadian Solar receives $70M financing package from IFC
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05:34 EDTTSLTrina Solar announces shipment of 57.1MW solar modules to solar project in Japan
Trina Solar announced that it has begun shipping 57.1 MW of solar modules to Toyo Engineering Corporation for use in the Furukawa Mega Solar Project located in Osaki City, Miyagi Prefecture, Japan. The delivery of solar modules is scheduled to be completed before the end of the third quarter of 2016. The Project, developed by Pacifico Energy Furukawa G.K., is being constructed on an abandoned golf course in Osaki and is expected to be completed and commissioned in the fourth quarter of this year. The clean electricity that the Project will generate will be purchased by Tohoku Electric Power company to energize the region.
January 27, 2016
09:40 EDTCSIQCanadian Solar downgraded to Mixed from Positive at OTR Global
January 26, 2016
06:57 EDTJKSJinkoSolar signs 1 GW supply power agreement with sPower
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