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Stock Market & Financial Investment News

News Breaks
January 17, 2014
14:33 EDTYGE, TSL, CSIQChinese Solar name weakness attributed to possible dumping probe
Shares of Trina Solar (TSL) are down about 2%, while Canadian Solar (CSIQ) and Yingli Green (YGE) are both down over 3% amid a report that ITA will announce it has initiated and Antidumping Duty and Countervailing Duty investigation of imports of crystalline silicon photovoltaic products from China, according to contacts.
News For TSL;YGE;CSIQ From The Last 14 Days
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December 18, 2014
07:13 EDTCSIQSolarCity, Canadian Solar called top 2015 solar picks at JPMorgan
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December 17, 2014
06:36 EDTTSL, YGE, CSIQU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
05:29 EDTYGEYingli Green Energy comments on U.S. Department of Commerce decision on tariffs
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December 16, 2014
07:07 EDTCSIQCanadian Solar completes sale of RayLight solar power plant
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December 12, 2014
08:42 EDTCSIQCanadian Solar has reached attractive entry point, says Roth Capital
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December 8, 2014
09:04 EDTCSIQCanadian Solar management to meet with JPMorgan
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06:11 EDTTSLTrina Solar acquires 28% stake in Shuntai Leasing
Trina Solar announced it has entered into a share purchase agreement to acquire a 28% stake in Shuntai Leasing Company Limited. Total registered capital of Shuntai is approximately $50M. Changzhou Hi-tech Jinlong Holdings, a subsidiary of Changzhou Hi-tech Group Co., is the major shareholder of Shuntai. Changzhou Hi-tech Group is one of the largest state-owned companies in Changzhou covering a wide range of businesses including government financing, city development and operation of business enterprises. The group also owns several financing institutions and has raised approximately $5.5B in the past years. Trina Solar has also signed a cooperation agreement with Shuntai to finance the company's downstream projects and solar manufacturing business by leveraging Shuntai's leasing platform.
06:06 EDTCSIQSharp could sell U.S. solar unit to Canadian Solar, Nikkei reports
Sharp (SHCAY) will reportedly sell its U.S.-based solar energy development unit Recurrent Energy to Canadian Solar (CSIQ) for about $250M, The Nikkei said yesterday. Sharp aims to reach a basic agreement Canadian Solar by the end of the month and complete the sale by spring, the report indicated. Reference Link
05:57 EDTYGEYingli Green Energy collaborates to deploy solar power in Thailand
Yingli Green Energy announced that its wholly-owned subsidiary, Yingli Green Energy Singapore, intends to collaborate with Kasikornbank Public, Huawei Technologies and Solventia Solar Energy, to deploy solar power in Thailand, a promising renewable energy market. According to their recently signed Memorandum of Understanding, the companies plan to jointly provide turnkey solar power solutions for both power plants and distributed generation projects throughout the country. Due to Thailand's strong year-round solar irradiation and rising demand for electricity, the Thai government has established a 3 GW target for total solar power capacity by 2021. The country plans to meet at least 20% of its energy demand with renewable resources by 2022.

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