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Stock Market & Financial Investment News

News Breaks
January 27, 2014
10:26 EDTTSL, YGE, SCTY, JKS, FSLR, CSIQSolar stocks bounce back after analyst says China not cutting target
Shares of solar energy companies are rebounding after dropping sharply on Friday. Today's bounce came after Deutsche Bank wrote that China is not reducing its 2014 solar energy target, as had been reported on Friday. WHAT'S NEW: Bloomberg reported on Friday that China had decided to reduce its solar energy generation target to 10 gigawatts from 14 gigawatts, Deutsche Bank analyst Vishai Shah stated in a note to investors earlier today. However, Shah says hat the country is actually maintaining its 14 gigawatt target. A press release from China's National Energy Administration, upon which the Bloomberg story had been based, referred to previous targets, Shah indicated. Moreover, solar projects in China are being approved without regard to quotas and China exceeded its 2013 solar energy target by a significant amount, added the analyst. He reiterated Buy ratings on Trina Solar (TSL), Yingli Green Energy (YGE), and SolarCity (SCTY). PRICE ACTION: In early trading, Trina Solar jumped 5% to $14.30, Yingli Green rallied 5.3% to $6.17, SolarCity advanced 1% to $71.10, JinkoSolar (JKS) gained 2.5% to $40.45, Canadian Solar (CSIQ) rose 3.7% to $38.65, and First Solar (FSLR) climbed 2.6% to $49.90.
News For TSL;YGE;SCTY;JKS;FSLR;CSIQ From The Last 14 Days
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October 31, 2014
06:43 EDTYGE, TSL, FSLR, CSIQSolarWorld to expand plant as U.S. looks to settle trade dispute, NY Times says
Solar module maker SolarWorld Americas announced yesterday that it would spend $10M to expand its plant in Oregon, as it benefits from increased domestic demand for modules, according to The New York Times. The company launched the petition against Chinese solar companies that led the U.S. to impose tariffs against the Chinese firms, the newspaper noted, adding that officials and executives have been looking to reach a settlement of the trade dispute. The settlement would have to be reached before mid-December, The Times said. 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
October 30, 2014
07:35 EDTCSIQCanadian Solar supplies modules to major project in Nicaragua
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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 27, 2014
11:12 EDTSCTYVivint Solar advances after upbeat initiations of coverage
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October 24, 2014
06:38 EDTCSIQ, TSL, YGE, FSLREU sets emissions, renewable energy targets, NY Times says
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October 22, 2014
09:53 EDTCSIQ, TSL, SCTYCredit 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
07:08 EDTCSIQUBS to hold meetings at Solar Power International
Meetings at Solar Power International are being held in Las Vegas on October 21-23.
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
11:05 EDTSCTYSolarCity appoints Jonathan Beamer as Chief Marketing Officer
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08:14 EDTTSLTrina Solar management to meet with Deutsche Bank
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07:22 EDTJKS, CSIQSolar Energy Trade Shows to hold a conference
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07:19 EDTSCTY, FSLR, CSIQJPMorgan says recent sell-off in solar space unjustified
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October 17, 2014
09:02 EDTJKSJinkoSolar supplied 34MW of solar modules to sPower for four projects
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