Trina Solar Limited (ADR) (NYSE:TSL), announced to have signed a contract, according to which, the company will supply 36MW of high efficiency TSM-PC14 modules to Chile on a large scale. The TSM-PC14 solar module of Trina is IEC certified, which is ideal for large scale installations. The installation can be successfully made on high temperature localities, with a dry climate. Trina Solar Limited (ADR) (NYSE:TSL), net profit margin is -4.10% and weekly performance is -2.59%. On last trading day company shares ended up $10.54. Analysts mean target price for the company is $20.02. Trina Solar Limited (ADR) (NYSE:TSL), distance from 50-day simple moving average (SMA50) is -20.46%.
On May 14, 2014, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, known as “Yingli Solar,” announced that it will provide engineering, procurement and construction services to the Electricity Generating Authority of Thailand (EGAT) for a 5 MW solar power plant in Thailand as a member of a four-party Consortium (“Consortium”). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), fell 3.13% in last trading session and ended the day on $2.79. 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 -53.58%.
SolarCity Corp (NASDAQ:SCTY)’s shares dropped 0.80% to $50.84. Pomerantz LLP on May 9 has filed a class action lawsuit against SolarCity Corporation (“SolarCity” or the “Company”) (NASDAQ: SCTY) and certain of its officers. SolarCity Corp (NASDAQ:SCTY), shares moved down 2.07% in last trading session and was closed at $50.19, while trading in range of $49.10 – 51.25. SolarCity Corp (NASDAQ:SCTY), year to date (YTD) performance is -11.67%.
On May 14, 2014, Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), announced that the administrator of Suntech Power International Ltd. (“SPI”), the Company’s principal operating subsidiary in Europe, has called for a meeting of the creditors of SPI on June 10, 2014 to consider a proposed dividend agreement to resolve the claims of SPI’s creditors. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), ended the last trading day at $0.305.
Regenicin Inc (OTCMKTS:RGIN), on last trading day company shares ended up $0.0198.
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