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Stock Market & Financial Investment News

News Breaks
August 30, 2013
09:57 EDTSOL, YGE, JKS, LDK, TSLReneSola advances after results, guidance beat expectations
Shares of Chinese solar energy company ReneSola (SOL) are climbing after the company reported stronger than expected results. WHAT'S NEW: ReneSola's second quarter loss was lower than expected and its revenue also beat expectations. Moreover, the company provided third quarter revenue guidance that was significantly above expectations. "Our focus on improving our selling prices and enhancing the market profile of our products led to increased shipments and a positive gross margin of over 7%," said ReneSola CEO Xianshou Li in a statement. "Despite what remains a challenging macro environment and a fiercely competitive solar industry, we are optimistic our investments will set us up for long-term growth and continued geographic expansion," the CEO added. PRICE ACTION: In early trading, ReneSola surged 43c, or 9.8%, to $4.83. The stock is well off its daily high of $5.11, however. OTHERS TO WATCH: Yingli Green (YGE), which also reported its own results this morning and backed its fiscal year module shipment target, rose 3% to $4.30. Other Chinese solar companies also advanced, with JinkoSolar (JKS) rallying 4.5% to $15.90, LDK (LDK) advancing 1.3% to $1.55, and Trina Solar (TSL) adding 1% to $9.50.
News For SOL;YGE;JKS;LDK;TSL From The Last 14 Days
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October 24, 2014
06:38 EDTYGE, TSLEU sets emissions, renewable energy targets, NY Times says
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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 21, 2014
06:11 EDTYGEYingli Green Energy surpasses 2,000 MW of solar panel deliveries in Americas
Yingli Green Energy announced that it has surpassed two gigawatts of cumulative solar panel deliveries in the Americas. The more than 6M Yingli Solar panels delivered are now generating electricity for more than 85,000 solar projects across the region. Yingli estimates that more than 80,000 homes and 5,000 business and institutions in the Americas are energized by its high-quality solar panels. Its most popular product line, the YGE 60 Cell Series, is a versatile multicyrstalline solar panel suited for most solar applications, from off-grid systems to large-scale utility projects. Since early 2013, Yingli has deployed more than 150 megawatts of its high-performing solar panels Latin America and the Caribbean, becoming a leader in the region in fewer than six quarters.
October 20, 2014
08:14 EDTTSLTrina Solar management to meet with Deutsche Bank
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07:22 EDTJKSSolar Energy Trade Shows to hold a conference
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October 17, 2014
09:02 EDTJKSJinkoSolar supplied 34MW of solar modules to sPower for four projects
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October 16, 2014
11:15 EDTYGEHigh option volume stocks
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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.
October 14, 2014
07:03 EDTTSLTrina Solar's monocrystalline honey module seats world record for power output
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06:42 EDTTSL, YGEPV modules with solar-grade wafers to account for 89% of capacity, DigiTimes says
Solarbuzz says solar photovoltaic modules using solar-grade wafers will account for 89% of solar capacity forecast to be installed in 2014, reports DigiTimes. Thin-filmed panel makers will supply nearly 8% of end-market demand in 2014, while premium cyrstalline silicon suppliers making up the remaining 3% share. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL), Panasonic (PCRFY) and Yingli Green Energy (YGE). Reference Link
October 13, 2014
09:06 EDTJKSJinkoSolar panels installed at Duke Energy's Capital Partners Solar Project, NC
JinkoSolar panels are being installed by SunEnergy 1 at the Duke Energy Renewables-owned Capital Partners Solar Project in eastern North Carolina. The solar project was announced as a partnership among three customers that will bring solar power from rural North Carolina to the urban settings of the Washington, D.C., institutions.
07:01 EDTJKSJinkoSolar to supply 21.5MW of PV solar modules for Searchlight solar projects
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