Energy Focus (EFOI) saw a minor boost in shares yesterday following news that the company has received an additional $4.1 million in efficient lighting retrofit contracts. Half the contract […] Continue Reading…… Read the rest
Axiom Capital Sees Potential Armageddon In Solar Due To Coming Supply Glut
I just posted about the Credit Suisse caution about increasing solar supply and softening demand for next year. They aren’t the only ones sounding the caution alarm. A couple […] Continue Reading…… Read the rest
Suntech Power (STP) Reports Mixed Results, Testing Yearly Low
Suntech Power (STP) continues to get punished and is testing the yearly lows today after reporting earnings that were shy of analyst estimates on the EPS side. The company […] Continue Reading…… Read the rest
Credit Suisse Has Solar Supply Concerns, Downgrades SOLR, TSL, SOL, FSLR, JASO, STP
According to Barron’s, Credit Suisse is out this morning downgrading several solar stocks due to concerns about oversupply and softening demand next year. Analyst Satya Kumar sees new capacity […] Continue Reading…… Read the rest
Misleading Headlines For Daqo New Energy (DQ), Actually An Impressive Quarter; Auriga Reiterates Buy & $20PT
After trading stocks for nearly 15 years and covering the markets religiously for nearly 10, there are certain nuances you pick up on. One is the fact that the […] Continue Reading…… Read the rest
China Wind Systems (CWS) Reports Mixed Results, Lowers EPS Guidance
China Wind Systems (CWS) has reported earnings results this morning that might disappoint traders and send the stock lower, but there is support around the $4.50 level, so the […] Continue Reading…… Read the rest
Advanced Battery Tech (ABAT) Reports Mixed Results, But Shares Up
Advanced Battery Tech (ABAT) which has long been my favorite lithium battery play, reported Q3 earnings results last night that were mixed, but traders like the report, sending the […] Continue Reading…… Read the rest
China Sunergy (CSUN) Smashes EPS Estimate
China Sunergy (CSUN) reported Q3 earnings results this morning that smashed analyst estimates on the EPS side, but inline on the revenue side. The company reported an EPS of […] Continue Reading…… Read the rest
Hapoalim Remains Cautiously Bullish On China Solars (TSL, YGE)
Hapoalim Securities is raising its 2010 and 2011 estimates on Trina Solar (TSL) and is raising the price target from $21 – $27 driven by firm pricing, a rebounding […] Continue Reading…… Read the rest
Tri-Tech Holdings (TRIT) Posts Big Growth, But Shy Of EPS Estimate & Weak Guidance
Tri-Tech Holdings (TRIT), a China water pollution play, posted big quarter over quarter growth this morning, but the EPS was a hair shy of the analyst estimate and revenue […] Continue Reading…… Read the rest