Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) a top-10 global photovoltaic (“PV”) manufacturer of high-quality, cost-competitive solar modules, announced the appointment of Seong-woo Nam as Chief Executive Officer (CEO) and Chairman of the Board of Directors. Seong-woo Nam brings to Hanwha SolarOne rich experience and expertise in a broad range of management disciplines with a strong track record of achievement. His experience and leadership will help Hanwha SolarOne achieve its goal to become one of the leading companies in the solar power industry. Hanwha Solarone Co Ltd (NASDAQ:HSOL) net profit margin is -35.50% and weekly performance is 5.07%. On last trading day company shares ended up $2.62. Analysts mean target price for the company is $5.00. Hanwha Solarone Co Ltd (NASDAQ:HSOL) distance from 50-day simple moving average (SMA50) is -12.57%.
JinkoSolar Holding Co. Ltd. (NYSE:JKS) the best-performing Chinese solar manufacturer in the past year, agreed to supply panels for a 35-megawatt power project in southern Arizona. Construction on the Avalon Solar project in Pima County is expected to begin this quarter and will be complete by year-end, Shangrao, China-based JinkoSolar said in a statement. Power will be sold to Tucson Electric Power Co. under a 20-year contract. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares advanced 2.43% in last trading session and ended the day on $26.16. Gross Margin is 20.30% and its return on assets is 1.90%. JinkoSolar Holding Co., Ltd. (NYSE:JKS) quarterly performance is -7.10%
ReneSola Ltd (ADR) (NYSE:SOL) a leading brand and technology provider of solar photovoltaic (“PV”) products, announced it has been contracted to provide 1.6MW in solar modules and 1MW in mounting systems to Consolidated Energy & Economic Engineering Co. (“Consolidated Energy”) to power a series of residential and commercial rooftop projects in Jordan. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved up 2.83% in last trading session and was closed at $2.54, while trading in range of $2.43 – $2.54 -. ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -26.38%.
In an event attended by Los Angeles Mayor Eric Garcetti, PermaCity Solar and American fashion retailer Forever 21 unveiled plans to install a 5.1-megawatt (DC) high efficiency SunPower Corporation (NASDAQ:SPWR) solar power system at Forever 21’s headquarters in the Lincoln Heights neighborhood of Los Angeles. The system will be the largest single-rooftop solar power system in Los Angeles County and the third-largest in California. SunPower Corporation (NASDAQ:SPWR) ended the last trading day at $33.00. Company weekly volatility is calculated as 5.83% and price to cash ratio as 5.71. SunPower Corporation (NASDAQ:SPWR) showed a negative weekly performance of -2.88%.
Daqo New Energy Corp. (NYSE:DQ) a leading polysilicon manufacturer based in China, announced that it plans to release its unaudited financial results for the first quarter of 2014 after market close on Monday, May 12, 2014. The Company has scheduled a conference call to discuss the results at 4:15 PM Eastern Time on May 12, 2014. Daqo New Energy Corp (NYSE:DQ) weekly performance is -13.74%. On last trading day company shares ended up $36.84. Daqo New Energy Corp (NYSE:DQ) distance from 50-day simple moving average (SMA50) is -15.18%.
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