Tambo Real II, a first-of-its-kind solar project in Vicuna, Chile has reached completion with Trina Solar Limited (ADR) (NYSE:TSL), modules. This is the first solar project in Chile to be completely developed by a Chilean company. Kaltemp financed, developed and performed installation of this project. Trina Solar Limited (ADR) (NYSE:TSL), also dropped 4.67% on some profit-booking, after the New York Times reported that in many states opponents of renewable energy have fought in recent years to limit mandates and incentives that promote the use of such energy. Trina Solar Limited (ADR) (NYSE:TSL), net profit margin is -4.10% and weekly performance is 4.20%. On last trading day company shares ended up $13.41. Analysts mean target price for the company is $19.22. Trina Solar Limited (ADR) (NYSE:TSL), distance from 50-day simple moving average (SMA50) is 7.66%.
On May 27, 2014, Manufacturer of photovoltaic module for solar energy, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), announced that it has started trial production of silicon modules based on monocrystalline using MWT technology. The company believes that this is part of their mission to achieve affordable green energy to everyone. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), fell 7.10% in last trading session and ended the day on $3.14. YGE, Gross Margin is 10.90% and its return on assets is -6.90%. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), quarterly performance is -46.87%.
There have been significant developments at ReneSola Ltd. (ADR) (NYSE:SOL). Firstly, the management announced that they were appointing Jason Wu as their Vice President of marketing, and secondly, that the company had obtained a substantial order from Consolidated Energy for the supply of 1.6 MW of solar modules and 1 MW for mounting systems. ReneSola Ltd. (ADR) (NYSE:SOL), shares moved down 6.30% in last trading session and was closed at $2.38, while trading in range of $2.38 – 2.58. ReneSola Ltd. (ADR) (NYSE:SOL), year to date (YTD) performance is -31.01%.
On May 28, 2014, China Sunergy Co Ltd (NASDAQ:CSUN), announced its financial results for the first quarter ended March 31, 2014. For the first quarter of 2014, total revenue was US$62.7 million, an increase of 1.6% from US$61.7 million in the first quarter of 2013, and a decrease of 50.0% from US$125.5 million in the fourth quarter of 2013. Revenue from the Company’s self-brand modules and cells business, accounting for 91.7% of the total revenue, was US$57.5 million, and, revenue from the modules and cells processed under OEM arrangements, accounting for 8.3%, was US$5.2million. China Sunergy Co Ltd (NASDAQ:CSUN), ended the last trading day at $3.21. Company weekly volatility is calculated as 8.28% and price to cash ratio as 1.58. China Sunergy Co Ltd (NASDAQ:CSUN), showed a negative weekly performance of 16.62%.
On May 30, 2014, THEDIRECTORY.COM INC (OTCMKTS:SEEK), saw its share volume soar with 151,239,331 shares exchanging hands, nearly three four higher than its three month daily average volume of 40,784,116 shares. SEEK recently announced earlier this month that it had completed its first TV commercial to support its first ever national television advertising campaign. THEDIRECTORY.COM INC (OTCMKTS:SEEK), on last trading day company shares ended up $0.0034.