LGG
legio XII Fulminata
Buon giorno
This Week's Solar Recap
By Travis Hoium | More Articles
December 22, 2013 | Comments (2)
YGEYingli Green
CAPS Rating 2/5 Stars
Down $5.14 $-0.05 (-0.96%)
+ Watch YGE
on My Watchlist
More about YGE
Why Yingli Green Energy, Nuverra Environmental Solutions, and Frontier Communications Jumped Today
Yingli Consortium Wins Algeria Solar Projects
BROWSE ALL YGE ARTICLES
We're winding down a phenomenal year for solar stocks, and there don't appear to be any limits to the industry's potential. The fact that solar power is now competitive with the grid around the world means more countries are installing solar, and as they do, these once struggling companies will improve financially.
The simple fact that banks and investors are lining up to finance solar projects shows how far the industry has come.
SolarCity lines up more financing
Speaking of financing, SolarCity (NASDAQ: SCTY ) lined up another $200 million in financing via a three-year credit facility through Bank of America Merrill Lynch. The money will be used to fuel growth by paying for working capital.
There doesn't appear to be any issues for SolarCity in financing growth, and with a securitization deal already completed this year, the company is on its way to a goal of 1 million solar customers by 2018.
Utility-scale projects continue to drive demand
There were a number of significant project signings this week. Here are the more notable deals.
Yingli Green Energy (NYSE: YGE ) and a consortium it's working with won a bid to build 233 MW of projects in Algeria. The projects will be completed in 2014, and this win alone will account for about 10% of Yingli's annual module production.
Canadian Solar (NASDAQ: CSIQ ) signed a supply agreement with Zhenfa New Energy Science & Technology to supply 100 MW of modules for three projects in China. The modules will be shipped over the next two months.
Trina Solar (NYSE: TSL ) signed supply agreements for 25 MW for the Bangchak Solar Energy Project in Thailand and a 1 MW project in Jordan.
SunPower (NASDAQ: SPWR ) signed a deal with Ecomax Japan to supply 20 MW of E20/327 solar panels to projects in Japan.
Utility-scale solar projects are still a large percentage of the solar projects built around the world, and winning these projects is a key to manufacturers.
Even More Premium Stock Picks
Dividend stocks can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
COME GIA' VI AVEVO DETTO IL CONTRATTO IN ALGERIA E' IMPORTANTISSIMO......UN ALTRO COSI' E LA VIA PER LA PROFITTABILITA' SAREBBE IN PRATICA SEGNATA.
A dopo per gli auguri
This Week's Solar Recap
By Travis Hoium | More Articles
December 22, 2013 | Comments (2)
YGEYingli Green
CAPS Rating 2/5 Stars
Down $5.14 $-0.05 (-0.96%)
+ Watch YGE
on My Watchlist
More about YGE
Why Yingli Green Energy, Nuverra Environmental Solutions, and Frontier Communications Jumped Today
Yingli Consortium Wins Algeria Solar Projects
BROWSE ALL YGE ARTICLES
We're winding down a phenomenal year for solar stocks, and there don't appear to be any limits to the industry's potential. The fact that solar power is now competitive with the grid around the world means more countries are installing solar, and as they do, these once struggling companies will improve financially.
The simple fact that banks and investors are lining up to finance solar projects shows how far the industry has come.
SolarCity lines up more financing
Speaking of financing, SolarCity (NASDAQ: SCTY ) lined up another $200 million in financing via a three-year credit facility through Bank of America Merrill Lynch. The money will be used to fuel growth by paying for working capital.
There doesn't appear to be any issues for SolarCity in financing growth, and with a securitization deal already completed this year, the company is on its way to a goal of 1 million solar customers by 2018.
Utility-scale projects continue to drive demand
There were a number of significant project signings this week. Here are the more notable deals.
Yingli Green Energy (NYSE: YGE ) and a consortium it's working with won a bid to build 233 MW of projects in Algeria. The projects will be completed in 2014, and this win alone will account for about 10% of Yingli's annual module production.
Canadian Solar (NASDAQ: CSIQ ) signed a supply agreement with Zhenfa New Energy Science & Technology to supply 100 MW of modules for three projects in China. The modules will be shipped over the next two months.
Trina Solar (NYSE: TSL ) signed supply agreements for 25 MW for the Bangchak Solar Energy Project in Thailand and a 1 MW project in Jordan.
SunPower (NASDAQ: SPWR ) signed a deal with Ecomax Japan to supply 20 MW of E20/327 solar panels to projects in Japan.
Utility-scale solar projects are still a large percentage of the solar projects built around the world, and winning these projects is a key to manufacturers.
Even More Premium Stock Picks
Dividend stocks can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
COME GIA' VI AVEVO DETTO IL CONTRATTO IN ALGERIA E' IMPORTANTISSIMO......UN ALTRO COSI' E LA VIA PER LA PROFITTABILITA' SAREBBE IN PRATICA SEGNATA.
A dopo per gli auguri
Ultima modifica:
