Solar Stocks In News: Yingli Green Energy Hold (NYSE:YGE), Canadian Solar (NASDAQ:CSIQ), SunPower Corporation (NASDAQ:SPWR), Trina Solar Limited (NYSE:TSL)

Posted by on Apr 09, 2014

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that it has supplied 1 MW of solar panels to Grupo Neoenergia, one of Brazil’s largest energy companies and a pioneer in Brazilian solar project development. The panels will deliver clean electricity to Arena Pernambuco, the site of five 2014 FIFA World Cup™ matches. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock opened today at $4.16 and is currently trading at $4.19. The stock showed a negative weekly performance of -9.41%.

Canadian Solar Inc. (NASDAQ:CSIQ) raises fund to support development of pipeline projects and take the advantage of increasing opportunities. The Company has flexible balance sheet with strong cash flow position which help the Company to fund late-stage solar projects. Canadian Solar Inc. (NASDAQ:CSIQ) stock opened at $29.02, in current trading session and currently is at $28.65, by losing -0.10%. The 52 week range of the stock is $3.64 – $44.50. Company’s market capitalization is $1.56 billion.

SunPower Corporation (NASDAQ:SPWR) installed 149 kilowatt solar power system on the rooftop of stores and warehouses of Watershed Premium Wines (Watershed) In Australia. Watershed expects to reduce electricity use by 30% and saves AU$79,000 per year from solar installation. SunPower Corporation (NASDAQ:SPWR) stock is currently trading at $29.79. The EPS of the stock is 0.56. Company’s market capitalization is $4.88 billion.

Trina Solar Limited (ADR) (NYSE:TSL) has made the announcement of 1000V version of Trinasmart. It will be optimized by Tigo Energy. The new version can be precisely termed as a 1000V UL certified 72-cell product for North America that will enable a record twenty-seven modules in series. It is almost 8.1kW in the series and therefore will help to reduce the BOS costs. Trina Solar Limited (ADR) (NYSE:TSL) stock opened the session at $13.28, and now is at $13.36. The 52 week range of the stock remained $3.77 – $18.77 and the day range was $13.22 – $13.59.

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