New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 24, 2014
13:31 EDTJKS, CSUN, SOL, TSLReneSola says 2H14 looks to be 'very promising' for China market
Shares of Chinese solar company ReneSola (SOL) are sinking despite the company reporting better than anticipated fourth quarter earnings. WHAT'S NEW: ReneSola reported Q4 earnings per share of 0c, above analysts' consensus of (14c). The company reported Q4 revenues of $438.8M, analysts' expectations were $381.4M. During Q4, ReneSola reported total solar wafer and module shipments were 781.1 MW. For FY14, the company said it expects a material increase in module shipments to Japan. WHAT'S NOTABLE: During the company's fourth quarter conference call, ReneSola said that it expects Q1 total solar module shipments in the range of 500 MW to 520 MW and gross margin is expected to be in the range of 9%-11%. For FY14, the company said it expects total solar module shipments to be in the range of 2.3 GW to 2.5 GW. ReneSola said for FY14, it does not currently have any plans for internal capacity expansion. The company said that it might be looking at a "very promising" second half of the year in the China market, but not in the first half of the year due to weather related issues. OTHERS TO WATCH: Other Chinese companies in the solar industry include JinkoSolar (JKS), Trina Solar (TSL), and China Sunergy (CSUN). PRICE ACTION: During afternoon trading, shares of ReneSola were down by 15c, or 3.88%, to $3.72. Shares of JinkoSolar fell 6%, Trina Solar fell 7.12% and China Sunergy rose fell 6.42%.
News For SOL;JKS;TSL;CSUN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2014
12:59 EDTTSLOn The Fly: Midday Wrap
Subscribe for More Information
09:23 EDTTSLOn The Fly: Pre-market Movers
Subscribe for More Information
08:44 EDTTSL, SOL, JKSChina, U.S. still in solar deal talks, says Roth Capital
Subscribe for More Information
07:04 EDTJKSJinkoSolar to supply 7MW solar PV modules to Almacen Sustentable in Mexico
Subscribe for More Information
06:02 EDTTSLTrina Solar reports Q3 EPS 14c, consensus 15c
Subscribe for More Information
November 21, 2014
08:30 EDTJKSJinkoSolar 2015 earnings can beat expectations, says Roth Capital
Subscribe for More Information
06:28 EDTTSLNRG Energy to seek large cuts in carbon emissions
Subscribe for More Information
06:05 EDTTSLTrina Solar receives carbon footprint verification for solar PV modules from BSI
Subscribe for More Information
November 20, 2014
06:34 EDTJKSJinkoSolar sees 2014 total solar module shipments 2.9GW-3.2GW
06:34 EDTJKSJinkoSolar sees Q4 total solar module shipments 1,030MW-1,120MW vs. 708MW in Q3
Subscribe for More Information
06:33 EDTJKSJinkoSolar reports Q3 EPS $1.36, consensus 71c
Subscribe for More Information
November 19, 2014
06:16 EDTTSLTrina Solar signs 10MW turnkey solutions agreement with Jordan's Shamsuna Power
Subscribe for More Information
November 18, 2014
12:59 EDTSOL, JKSChinese solars advance following JA Solar results
Subscribe for More Information
10:15 EDTTSLTrina Solar could be worth $1.1B-$1.2B for pe buyer, AsianSweeper says
Subscribe for More Information
07:05 EDTJKSJinkoSolar closes $225M investment led by CDB and MGCIF
JinkoSolar Holding announced that it closed the private equity investment led by China Development Bank International, or CDB and the Macquarie Greater China Infrastructure Fund, or MGCIF, a fund managed by Macquarie Infrastructure and Real Assets, of an aggregate amount of $225M in the Company's downstream solar power project business. JinkoSolar Power Engineering Group, a subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into definitive share purchase agreements with each of CDBI, MGCIF and New Horizon Capita. Under the share purchase agreements, CDBI, MGCIF and New Horizon have agreed to invest an aggregate amount of $225M in Jinko Power. The three investors hold a total of approximately 45% of Jinko Power's equity interest. They will provide support and additional resources to facilitate the spin off and listing of Jinko Power and the downstream business development in terms of project financing, project development, project operation and global green energy network.
November 14, 2014
06:15 EDTCSUNChina Sunergy, DenizLeasing announce partnership for projects in Turkey
China Sunergy announced that the company has signed a memorandum of understanding, or MOU, with Deniz Finansal Kiralama A.S., a subsidiary of DenizBank Financial Services Group, establishing strategic partnership to finance the solar projects through financial leasing in Turkey. According to the MOU, DenizLeasing will facilitate and provide capital leasing for solar PV projects of up to 100 MW deploying China Sunergy's solar modules and other components.
November 13, 2014
06:25 EDTTSLTrina Solar supplied 28.5MW of modules to large-scale projects in U.K.
Trina Solar supplied 28.5MW of PV modules to sPower, a renewable energy provider, and Camborne Capital, a UK solar developer. The panels will be installed over the coming months to ensure the facilities are energized and accredited to meet the March 31, 2015 1.4 Renewable Obligation Certificates deadline.
November 12, 2014
06:35 EDTTSLU.S., China reach carbon emissions deal, NY Times says
Subscribe for More Information
November 11, 2014
07:06 EDTJKSJinkoSolar subsidiary signs $20M credit agreement with Wells Fargo Bank
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use