Solar Stocks to Watch: Suntech Power (OTCMKTS:STPFQ), ReneSola Ltd. (NYSE:SOL), LDK Solar (OTCMKTS:LDKSY), SunPower Corporation (NASDAQ:SPWR)

On April 10, 2014, Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), announced that it is aware of the Hong Kong Stock Exchange announcement made by Shunfeng Photovoltaic International Ltd. (“Shunfeng”) that the conditions precedent to the purported acquisition of 100% of the equity interests of Wuxi Suntech pursuant to the terms and conditions under the restructuring plan of Wuxi Suntech as approved by the Wuxi Intermediate People’s Court have been fulfilled, and as a result all of the equity interests of Wuxi Suntech shall be transferred to an affiliate of Shunfeng. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), shares after opening at $0.33 moved to $0.33 on last trade day and at the end of the day closed at $0.325.

ReneSola Ltd. (ADR) (NYSE:SOL), released its earnings data on Monday. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.15, American Banking News.com reports. The company had revenue of $438.80 million for the quarter, compared to the consensus estimate of $381.40 million. ReneSola Ltd. (ADR) (NYSE:SOL), shares advanced 0.97% in last trading session and ended the day on $3.12. ReneSola Ltd. (ADR) (NYSE:SOL),return on equity ratio is recorded as -106.30% and its return on assets is -11.40%. ReneSola Ltd. (ADR) (NYSE:SOL), yearly performance is 90.24%.

LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY)’s stock volume skyrocketed Apr. 21, with 2,535,133 shares changing hands, more than 2.5 times its three-month average stock volume of 996,018 shares. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY), shares moved down 2.44% in last trading session and was closed at $0.400, while trading in range of $ 0.36 – 0.44.

SunPower Corporation (NASDAQ:SPWR), a leading manufacturer and designer of highly efficient and reliable solar panels, has planned solar power systems for 5 Pajaro Valley Unified School District Campuses. Reportedly, the company in collaboration with PVUSD has decided to install highly efficient SunPower solar power systems of 1.2 megawatts. The installation would be confined to five district schools, thereby enriching and supporting the academic programs of those schools. SunPower Corporation (NASDAQ:SPWR), weekly performance is 19.70%. On last trading day company shares ended up $32.02. SunPower Corporation (NASDAQ:SPWR), distance from 50-day simple moving average (SMA50) is 0.33%. Analysts mean target Price for the company is $34.31.