SolarCity Corp (NASDAQ:SCTY) received a financial booster to increase its residential solar installation. Solar projects are attracting third-party financing as cost of solar power falls and more residential customers move to cut their electricity bills by adopting solar power. SolarCity Corp (NASDAQ:SCTY) stock opened today at $52.14 and is currently trading at $54.93. The stock showed a positive weekly performance of 8.11%.
JinkoSolar Holding Co. Ltd. (NYSE:JKS) reported first quarter 2014 results with adjusted earnings per American Depositary Share (ADS) of 20 cents (adjusted earnings of 5 cents per share), much lower than the Zacks Consensus Estimate of 41 cents. The company, however, reversed its year-ago adjusted loss per ADS of 56 cents (adjusted loss of 14 cents per share) in the reported quarter. Each “ADS” represents four ordinary shares. JinkoSolar Holding Co., Ltd. (NYSE:JKS) stock opened at $26.28, in current trading session and currently is at $27.19, by gaining 3.74%. The 52 week range of $7.25 – $37.98. Company’s market capitalization is 734.48 million.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), a premium solar cell and module products designing and manufacturing company, announced that it has amassed sumptuous profits in Q1-2014, after a year of gnawing losses, particularly owing to the enhanced demands for its solar panels across Europe and Japan. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) stock is currently trading at $9.99. The EPS of the stock is -8.94. Company’s market capitalization is 80.82 million.
SunPower Corporation (NASDAQ:SPWR) plans to double its solar power generating capacity in the San Luis Valley with a new 50-megawatt solar power plant. SunPower Corporation (NASDAQ:SPWR) stock opened the session at $33.14, and now is at $33.38. The 52 week range of the SunPower Corporation (NASDAQ:SPWR) stock remained $17.52 – $37.14 and the day range was $32.87 – $33.60.
Canadian Solar Inc. (NASDAQ:CSIQ), one of the global leaders in solar power, has reported in a recent press release that it has a lot to deal with at the moment with new projects and new ventures around the corner. Canadian Solar Inc. (NASDAQ:CSIQ) stock opened today at $26.10 and is currently trading at $26.68. The stock showed a positive weekly performance of 16.24%.
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