According to Reuters, Yingli Green Energy is putting off a decision to open a 100MW plant in the US, citing market uncertainty as a key factor. Yingli had previously stated it planned to have the plant up and running by the end of this year.
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Helena Kimball, head of marketing communications at Yingli, explained the decision further to Reuters:
“We are delaying the decision … Read the rest
With the bill to extend investment tax credits for renewable energy (finally!) past the Senate, Shares of several stocks that had taken a beating began to rise again. For example, shares of Energy Conversion Devices (ENER), which had taken a nosedive of 18.5% on Tuesday, were back up by 13 percent, to $63.79. Solar Integrated Technologies, one of Energy Conversion Devices major clients, lowered its guidance for the second half of 2008 based in part … Read the rest