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Stock Market & Financial Investment News

News Breaks
January 27, 2014
10:26 EDTFSLR, YGE, JKS, TSL, CSIQ, SCTYSolar 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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July 2, 2015
06:09 EDTSCTYSolarEdge benefiting from relationship with Tesla, Bloomberg says
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July 1, 2015
17:34 EDTFSLRFirst Solar appoints de Jong as COO, Schumaker as CAO
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07:30 EDTYGE, CSIQ, FSLR, TSLDrop is Solar stocks a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Vishal Shah attributes the recent weakness in the Solar space to investor concerns around increased interest rate and growth uncertainty, especially of YieldCos. Shah, however, views YieldCos as a significant growth catalyst for the solar and broader renewables sector. The analyst expects the current weakness to provide an attractive entry point for longer term investors. 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).
June 30, 2015
07:37 EDTYGEYingli Green Energy completes bond financing $3.2M for solar project
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June 29, 2015
10:25 EDTSCTYFirm says SpaceX explosion could hurt ViaSat
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09:06 EDTJKSJinkoSolar considering privatization, says Roth Capital
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June 24, 2015
07:35 EDTYGEYingli Green Energy to supply 40 MW of solar panels to Honduras' Sybac Solar
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June 23, 2015
07:07 EDTCSIQCanadian Solar subsidiary completes sale of LunarLight to Blue Earth
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05:30 EDTFSLRFirst Solar modules to power 200 MW solar PV project in Dubai
First Solar announced that it has signed an agreement to supply its high performance photovoltaic, or PV, modules to power the 200 MW AC second phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, the United Arab Emirates.

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