Suntech Power Holdings Co., Ltd. (OTCMKTS:STPFQ) on 18 march announced that, following the January 27, 2014 judgment from the High Court of the Republic of Singapore ordering Suntech Power Investment Pte., Ltd. (“Suntech Singapore”) to pay to Suntech’s subsidiary, Power Solar System Co., Ltd. (in liquidation) (“PSS”), approximately US$263.9 million (the “Judgment Debt”), on February 20, 2014, the Liquidator of PSS issued a statutory demand against Suntech Singapore for the Judgment Debt. Suntech Power Holdings Co., Ltd. (ADR)(OTCMKTS:STPFQ) shares after opening at $0.35 moved to $0.35 on last trade day and at the end of the day closed at $0.350.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) Brings Solar Energy to Arena Pernambuco, Home of the 2014 FIFA World Cup Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares advanced 5.06% in last trading session and ended the day on $4.57. YGE return on equity ratio is recorded as -139.90% and its return on assets is -8.60%. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) yearly performance is 110.60%.
Recently SunPower Corporation (NASDAQ:SPWR) sold 70 megawatts of cell packages to the Huaxia Concentrated PV Power JV. They see this as “a major breakthrough” because SunPower continues to gain some exposure to China, which was the biggest solar market in the world last year. In addition, SunPower and its U.S. competitors have mostly been shut out of the Chinese market until now. SunPower Corporation (NASDAQ:SPWR) shares moved up 0.99% in last trading session and was closed at $32.58, while trading in range of $32.13 – $32.77. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is 9.29%.
SolarCity Corp (NASDAQ:SCTY) EVP Linda L. Keala unloaded 4,786 shares of the stock on the open market in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $62.95, for a total value of $301,278.70. Following the transaction, the executive vice president now directly owns 6,660 shares in the company, valued at approximately $419,247. SolarCity Corp (NASDAQ:SCTY) weekly performance is 2.77%. On last trading day company shares ended up $65.01. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -11.68%. Analysts mean target price for the company is $75.22.