Suntech Power Holdings Co. Ltd. (ADR) (OTCMKTS:STPFQ) struck a licensing agreement with its Wuxi Suntech Power Co. unit, which is in the process of being acquired after being pulled into bankruptcy last year. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) shares after opening at $0.31 moved to $0.33 on last trade day and at the end of the day closed at $0.325 .
LDK Solar Co. Ltd.’s (ADR) (OTCMKTS:LDKSY) revenues doubled on a year-over-year basis to USD 273 million in the fourth quarter of 2013, according to unaudited financial information which the company provided to regulators at the New York Stock Exchange (NYSE, New York City). LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) shares fell -8.89% in last trading session and ended the day on $0.410 .
Yingli Green Energy Holding, Co. Ltd. (ADR) (NYSE:YGE) a leading China-based PV module maker and PV system EPC (engineering, procurement, construction) contractor, expects operations to swing from continual losses since the second quarter of 2011 to profitability in the second quarter of 2014, according to China-based media reports. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares moved down -3.99 % in last trading session and was closed at $4.33 while trading in range of $4.32 – $4.65 – Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) year to date (YTD) performance is -14.26%.
Trina Solar Limited (ADR) (NYSE:TSL) announced two of its PV power plants in the United Kingdom have successfully completed connection to the grid. The company is an investor in and sole project developer for these projects, which have a total capacity of 23.77 MW. Trina Solar Limited (ADR) (NYSE:TSL) weekly performance is 11.13%. On last trading day company shares ended up $12.78. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is -12.23%. Analysts mean target price for the company is $20.20.
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