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), net profit margin is -4.10% and weekly performance is 5.75%. On last trading day company shares ended up $14.34. 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 14.30%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE)’s shares declined 0.15% to $3.41. The company on May 21 announced that it has begun trial production of monocrystalline silicon modules with N-type Metal-Wrap-Through (“N-MWT”) technology, by adopting equipment provided by Formula E s.r.l. (Formula E), a leading supplier of photovoltaic technology and automated manufacturing lines. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), advanced 2.93% in last trading session and ended the day on $3.51. 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 -44.55%.
TerraForm Power Inc, a unit that solar company Sunedison Inc (NYSE:SUNE), created to own and operate some of its solar power plants, filed for an initial public offering to raise up to $50 million. Sunedison Inc (NYSE:SUNE), shares moved up 5.29% in last trading session and was closed at $20.50, while trading in range of $19.78 – 21.50. Sunedison Inc (NYSE:SUNE), year to date (YTD) performance is 57.09%.
Canadian Solar Inc. (NASDAQ:CSIQ), has entered into a joint venture (JV) with GCL-Poly Solar System Integration (China) Co., Ltd., a unit of GCL-Poly Energy Holdings Limited for building a manufacturing site in Funing, Jiangsu Province, China. Canadian Solar Inc. (NASDAQ:CSIQ), ended the last trading day at $27.30. Company weekly volatility is calculated as 5.47% and price to cash ratio as 4.11. Canadian Solar Inc. (NASDAQ:CSIQ), showed a positive weekly performance of 13.75%.
First Solar, Inc. (NASDAQ:FSLR), sold its 250-megawatt (NYSE: MW) Silver State South power project to an affiliate of NextEra Energy Inc. (NYSE: NEE) for an undisclosed amount. The share price crept up 1% to $61.87 on May 28, 2014. First Solar, Inc. (NASDAQ:FSLR), net profit margin is 11.60% and weekly performance is 5.00%. On last trading day company shares ended up $63.41. Analysts mean target price for the company is $65.21. First Solar, Inc. (NASDAQ:FSLR), distance from 50-day simple moving average (SMA50) is 5.01%.
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