Energy
Trina Solar Grabs Business in Germany (TSL, JASO, LDK)
Published:
Last Updated:
Chinese solar PV maker Trina Solar Limited (NYSE:TSL) has signed a deal with three different German solar customers to deliver about 42 megawatts of photovoltaic modules in 2009. The announcement did not include any dollar amount.
Trina plans to double its capacity from 350 megawatts to 700 megawatts by the end of 2009. But like most solar PV makers, shipments were down in the fourth quarter of 2008, and the company’s shares took a beating in 2008, but have come back strongly. Trina shares are up more than double 52-week lows of $5.61. That doubling is also true at other PV makers, like JA Solar Holdings Co., Ltd. (NASDAQ: JASO) and LDK Solar Co. Ltd. (NYSE:LDK).
All of the solar stocks seemed weak on the surface this morning right before the market open. Trina shares are down around 1% this morning before the market opens, while JA Solar is off more than 2% and LDK is off about 3.5%.
Paul Ausick
April 20, 2009
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
