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: tsl
Trina Solar (TSL) Slashes Guidance, But Shares Hold Up
You have to wonder whether the good news out of solar will ever return with the constant flow of negative headlines. The key to pinpointing when a bottom may be in place for share prices is when the bad news is ignored and the price of the stock stays flat or even goes up. We may be near that time especially for the China solar stocks. Shares of Trina held up quite well today despite … Read the rest
It’s Official, Panasonic Lithium Battery Supplier For Tesla (TSLA) Model S, Shares Remain Bullish
The news that Panasonic will be the lithium battery supplier for Tesla’s Model S doesn’t come as a surprise, but it’s still another blow to the US green energy industry which continues to lose out to lower cost Asian competitors. It’s more apparent in the solar space and becoming increasingly apparent in the battery space. Panasonic and Tesla have been working together for a couple years on battery development and Panasonic invested $30 million in … Read the rest
Trina Solar (TSL) Missed Estimates, But Shares Rise Anyway.. Is the Worst Over?
Trina Solar (TSL) reported financial results yesterday that missed analyst estimates, but shares rose anyway which is an indication that the worst is likely over for top tier solar stocks such as Trina Solar. The company reported an EPS of .32/share on revenues of $580 million vs the analyst estimates for .47/share on revenues of $600 million.
==> Click Here For Your FREE Daily Trina Solar Analysis
Here are some highlights of comments made by … Read the rest
Trina Solar (TSL) Cut Guidance, But Remains Optimistic
Trina Solar (TSL) was out lowering guidance yesterday and it’s no surprise. We’re still seeing warnings from solar companies still reeling a bit from the Italy and Germany subsidy changes. The company said that despite record shipment volumes they are expected to come in considerably lower than previously thought.
==> Click Here For Your FREE Daily Trina Solar Analysis
– Shipment volume estimates go from 430MW – 450MW to 395MW – 397MW.
– Gross margins … Read the rest
Trina Solar (TSL) Updates Guidance, Lower For The Quarter On Italy Subsidy Cuts, But Full Year Intact
Trina Solar (TSL) updated its previous guidance today, lowering its shipment guidance from the previous guidance of greater than 351MW to 320MW – 322MW due to impacts to module demand and order flow linked to Italy’s solar regulatory revisions. However, the company expects its in house gross margins to increase a bit to 32 – 32.5% from the previous guidance of 30%. The overall gross margins, factoring in outsourcing is expected to dip a … Read the rest
Trina Solar (TSL) Announces 35MW Supply Deal With Fotowatio
Trina Solar (TSL) is announcing this morning a 35MW solar modules supply deal to a subsidiary of Fotowatio Renewable Ventures. The modules will be shipped beginning in Q2 and continue through the rest of the year for a solar project outside Austin, Texas.
==> Click Here For Your FREE Daily Trina Solar Analysis
"We are excited to announce our continued collaboration with FRV, a leading global solar industry player, on one of the largest solar … Read the rest
China May Scrap Some Nuclear Power For Solar Power
According to Bloomberg, the Nation Development & Reform Commission in China has said that it will reduce its 2020 target for nuclear power from 80GW, but didn’t say by how much. The beneficiary? Solar power companies. The commission plans to increase its solar power capacity estimate for 2020 from 20GW, but also didn’t specify by exactly how much.
Obviously it’s a tremendous tragedy what’s happening in Japan with the nuclear power crisis on top … Read the rest
Auriga: Solar Overcapacity Won’t Be A Problem, Top Picks DQ, SOL, TSL, YGE, STP
Usually, I just posts highlights of the reports from Mark Bachman from Auriga, but this morning decided to just publish in full. Thoughts?
As the second act of the Italian solar drama begins, we look at the bear argument of "too much 2012 capacity leading to uncontrollable price and margin declines." At the risk of starting a larger food fight, we provide our view on how industry capacity develops and show that actual shipments end … Read the rest
Analysts Decidedly Bullish On Trina Solar (TSL)
I just posted about Trina Solar’s (TSL) strong earnings report and wanted to give a run down on some analyst reactions. The consensus is generally bullish with a hint of caution.
==> Click Here For Your FREE Daily Trina Solar Analysis
Hapoalim Securities maintains Hold but raised the price target from $27 to $30. The firm sees the company as a leader in solar manufacturing.
Wells Fargo maintains Hold rating but raised the valuation range … Read the rest