New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 24, 2014
13:31 EDTSOL, JKS, TSL, CSUNReneSola 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.
October 29, 2014
07:11 EDTJKSJinkoSolar to supply 19 MW of solar modules for a PV project in Chile
JinkoSolar Holding will supply 19 MW of solar modules for a PV project in Chile's Atacama Desert region which has one of the highest irradiation levels in the world.
October 24, 2014
06:38 EDTTSLEU sets emissions, renewable energy targets, NY Times says
Subscribe for More Information
October 22, 2014
09:53 EDTTSLCredit Suisse Events at Solar Power International
Credit Suisse holds meetings in Las Vegas in conjunction with the Solar Power International Conference include ENPH, TSL, CSIQ, SCTY, JASO, HSOL and STRI on October 22.
October 20, 2014
08:14 EDTTSLTrina Solar management to meet with Deutsche Bank
Subscribe for More Information
07:22 EDTJKSSolar Energy Trade Shows to hold a conference
Subscribe for More Information
October 17, 2014
09:02 EDTJKSJinkoSolar supplied 34MW of solar modules to sPower for four projects
Subscribe for More Information
October 16, 2014
07:11 EDTJKSJinkoSolar signs 200 MW PV project development agreement with Shicheng County
JinkoSolar subsidiary JinkoSolar Power Co. has signed a PV project development agreement with the government of Shicheng County, Ganzhou City, Jiangxi Province to develop 200MW PV power plant. The project will require an aggregate investment amount of approximately RMB1.6B. The PV power plant will be constructed in four phases over a period of 4 years. The first phase of construction will begin during 1H15.
06:36 EDTCSUNChina Sunergy CFO Yongfei Chen resigns, Shiliang Guo appointed acting CFO
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