Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) recently announced to have initiated trial production of N-MWT (N-type Metal Wrap Through) technology based mono-crystalline silicon modules. The company mentioned that the production has been supported by equipment provided by a leading supplier of automated manufacturing lines and photovoltaic technology, Formula E. The equipment designed by Formula E will support back contact applications in the production of N-MWT based silicon modules. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -14.50% and weekly performance is 16.32%. On last trading day company shares ended up $3.35. Analysts mean target price for the company is $5.88. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -17.23%.
Trina Solar Ltd (ADR) (NYSE:TSL) forecast higher solar panel shipments for the second quarter, helped by improving demand from China, sending its shares up as much as 27 per cent in morning trade. Investors had feared that China would not be able to meet its ambitious target of installing 14.5 gigawatts of solar generating capacity this year, held back by a lack of funds to build smaller projects. Trina Solar Limited (ADR) (NYSE:TSL) shares fell -5.38% in last trading session and ended the day on $12.83. TSL gross Margin is 12.30% and its return on assets is -2.70%.Trina Solar Limited (ADR) (NYSE:TSL) quarterly performance is -12.54%.
First Solar Inc. (NASDAQ:FSLR) has joined forces with Rio Tinto and Ingenero to build a 6.7 megawatt (MW) solar power plant at Rio Tinto Alcan’s Weipa bauxite operations to power the mine, as well as the township and local port. First Solar, Inc. (NASDAQ:FSLR) shares moved up 0.40% in last trading session and was closed at $60.63, while trading in range of $60.15 – $61.74. First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 10.96%.
Canadian Solar (NASDAQ:CSIQ) was downgraded by research analysts at TheStreet from a “hold” rating to a “sell” rating in a report released on Tuesday. Canadian Solar Inc. (NASDAQ:CSIQ) ended the last trading day at $24.51. Company weekly volatility is calculated as 5.91% and price to cash ratio as 5.88.Canadian Solar Inc. (NASDAQ:CSIQ) showed a negative weekly performance of -3.20%.
Sharp Corporation (ADR) (OTCMKTS:SHCAY) solar PV segments returned to profitability in 2013 as sales in its cell segment increased 68.9% to US$4.3 billion (¥439 billion) and ahead of previous guidance of ¥430 billion. On last trading day company shares ended up $2.58.