3Vote!
alarm:clock (Free subscription) | 11/23/2009
... the Sarnia project that was only 65 percent complete. Competitors in the solar industry including Suntech Power (STP:NYSE), Trina Solar (TSL:NYSE) and LDK Solar (LDK:NYSE) have all reported sequential growth in Q3 2009. First Solar could still realize more revenue from this sale as they have agreed to provide operations and maintenance services at Blythe under a long-term contract with NRG....
3Vote!
alarm:clock (Free subscription) | 11/23/2009
... of the previous year. The analyst consensus was predicting a loss of $0.10 per share. Last week Suntech Power (STP:NYSE) and Trina Solar (TSL:NYSE) reported similar gains in revenue and profits from the previous quarter last week. But like LDK Solar, both are still well behind Q3 2008 results. Q2 2009 was an extremely quarter for LDK Solar as the company had to write-off $175.8 million of...
4Vote!
Seeking Alpha - India (Free subscription) | 11/22/2009
... China enjoys. China is home to some of the largest producers of solar panels in the world, such as Suntech Power and Yingli Green Energy. In fact, Suntech plans to increase its production capacity to 1.4 gigawatts by the middle of 2010, the company said this week.The vast majority of solar energy equipment from China goes overseas to Europe and North America. China's solar initiative would...
3Vote!
alarm:clock (Free subscription) | 11/21/2009
... the drop in polysilicon prices that obviously affected revenues. But with Canadian Solar and Suntech Power (STP:NYSE) offering much improved guidance for 2010 this week, solar investors should be optimistic despite the uncertainties in the global economies. China Wind Systems (CHWY:NASDAQ) offered nothing but good news as the company reported Q3 2009 net revenues increased 37.1 percent to...