News broke not too long ago that the US Department of Commerce has in fact agreed that China is unfairly subsidizing China solar companies which is creating unfair competition and hurting US solar companies. The reaction? Tiny tariffs! I mean these duties are negligible and the reason some of these China solar stocks are rallying in particular Yingli Green Energy (YGE) up over 13%, Suntech Power (STP) up over 7% and Trina Solar (TSL) up … Read the rest
Tag Archives: solar stocks
Warren Buffett Makes Big Solar Bet With $2B Topaz Purchase From First Solar (FSLR), Is The Bottom In?
It’s been a dismal year for green energy and solar stocks in particular. Overcapacity, lower demand, shrinking selling prices and plummeting stocks has been the theme all year. Investors and shorter term traders are looking for big news to spark a rally in solar and news that Warren Buffett is jumping headfirst into solar with a big $2 billion acquisition of the 550MW Topaz Solar Farm being built by First Solar (FSLR) may just be … Read the rest
Not Even A Nationwide China Solar FIT Can Get China Solar Stocks Moving
… Read the restNothing seems to be working to get the China solar stocks off the ground, not even the announcement of China’s first nationwide solar FIT program. Rumors have been swirling for a few days and it was announced that the government will provide developers payment of RMB 1.15 (.18 kw/hr) if approved by 1 July or completed by the end of the year and RMB 1/kWh if approved after July 1st.
Analysts are disagreeing about just
Solar Stocks See Green In A Sea Red: TSL, SPWRA, CSIQ, YGE, STP
No doubt today’s action was ugly if you were on the long side of the trade and taking a look at the Up & Down Movers at the left tells the story. That’s a might lengthy list of green stocks down with heavy volume today, but there were bright spots provided in some solar stocks.
Despite a day when the overall market was down 4% with heavy volume, eight solar stocks finished in the green … Read the rest
Piper Jaffray: Germany Hasn’t Made Subsidy Decision
According to Street Insider, Piper Jaffray’s solar analyst, Jesse Pichel, issued a research note saying that “there were no proposals from the industry or specific demands from the Environmental Ministry of Germany” related to the solar subsidies. Solar stocks didn’t recover at all on this research note and continue to drift to the lows of the day after it was reported by Reuters that Germany would cut solar subsidies by 16 – 17% in … Read the rest
Solar Stocks Back On The Upswing
With all the concerns being voiced about the possible impact of the credit crisis on the solar power market, it’s nice to have some good news to report. The stock market as a whole rallied a little bit yesterday, but according to Eric Savitz of Barron’s Tech Trader Daily, solar stocks in particular were "dramatically outperforming" the market as a whole. Many of the major solar players saw their share prices rise with double-digit … Read the rest