Hanwha SolarOne Co. (NASDAQ:HSOL), the China-based photovoltaic manufacturing unit of South Korea’s Hanwha Group, agreed to develop 100 megawatts of rooftop power systems in eastern China. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares after opening at $2.98 moved to $3.02 on last trade day and at the end of the day closed at $2.84. Company price to sales ratio in past twelve months was calculated as 0.35 and price to cash ratio as 1.43. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -0.70%.
ReneSola Ltd. (NYSE:SOL) has completed the sale of three solar photovoltaic (PV) plants totaling 60 MW in Western China to Jiangsu Akcome Solar Science & Technology Co. Ltd. ReneSola Ltd. (ADR) (NYSE:SOL) shares fell -2.57% in last trading session and ended the day on $3.41. SOL return on equity ratio is recorded as -119.00% and its return on assets is -15.40%. ReneSola Ltd. (ADR) (NYSE:SOL) yearly performance is 158.33%.
Shares of First Solar (NASDAQ:FSLR), which builds solar power equipment and solar energy plants, are climbing after Citigroup hiked its price target on the stock. First Solar, Inc. (NASDAQ:FSLR) shares moved up 1.84% in last trading session and was closed at $69.72, while trading in range of $68.66 – $72.96. First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 27.60%.
SunPower Corp. (NASDAQ:SPWR) is receiving $42 million in non-recourse debt from Hannon Armstrong Sustainable Infrastructure Capital Inc. to help finance its residential solar lease program. SunPower Corporation (NASDAQ:SPWR) weekly performance is 0.41%. On last trading day company shares ended up $31.98. SunPower Corporation (NASDAQ:SPWR) distance from 50-day simple moving average (SMA50) is -1.81%. Analysts mean target price for the company is $34.31.
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