There is no good way to put this but Solar Stocks have been beaten down pretty bad since 2008 rolled in. Now there was some irrational exuberance when it came to solar stocks in 2007. This downtrend was inevitable but the overall market conditions might have made it worse then it should have [...]
I am going to India for the next couple of weeks and probably won’t be able to write during this time. I will try and write something while I am there about the Indian markets. Hopefully, Suntech Power breaks its recent downtrend to reach new highs.
It seems like Chinese solar companies want to emulate the successful IPO of Suntech Power Holdings (NYSE: STP).
Just this week we saw two Chinese Solar companies, Trina Solar (NYSE: TSL) and Solarfun Power (Nasdaq: SOLF), IPO on the NYSE and the Nasdaq, respectively. This follows the IPO of Canadian Solar Inc. (Nasdaq: [...]
I thought I keep adding to my list of positive news for Suntech Power Holdings (NYSE: STP).
10. Signs a multi-year supply contract with SunEdison company. Value of the contract is expected to be $50 million to $90 million over the term of the contract.
This contract win gives Suntech power more exposure to United [...]
A pretty good article on Solar Energy by Red Herring. You can read the article by clicking here. They provide three reasons to be optimistic on Solar Energy:
The three reasons:
1. More Government support2. Easing supply bottlenecks (Polysilicon)3. Growing Demand
The article mentions the following stocks: Evergreen Solar (Nasdaq: ESLR), Sun Power (Nasdaq: SPWR), SunTech Power (NYSE: [...]