solargardenlight
  Why Did Solar Stocks Soar?
 

Setting up a solar power system up here in the Laurentian hills in late May means fighting the black flies. The little buggers like to swarm around your face and bite behind the ears. Makes you wonder why you bother trying to save the environment when the environment wants to bite a chunk out of you and suck your blood. 

With the distraction of black flies, solar panel deliveries, construction issues, calling contractors, etc. I almost missed the bat-out-of-hell rally in solar stocks. On May 20, someone or something lit a fuse under a bunch of solar stocks – companies I have discussed before in The Green Miner. 
And they took off. 

In one day, Jinko Solar and Trina Solar were up over 20%. Canadian Solar was up over 17%. Hanwha Solar was up over 30%. And the really big winner was Real Goods Solar which catapulted over 250% in a couple of days. 

As usual,Modern dry cleaning machine uses non-water-based solvents to remove soil and stains from clothes.How are led corn light products different from other lighting, like fluorescent or incandescent? it appears to have been a combination of factors that caused this solar stock flare-up. On May 16, SolarCity, the company that leases solar energy systems, announced a $500 million financing from Goldman Sachs. This infusion of cash will help SolarCity finance about 110 Megawatts of new solar power projects – requiring tens of thousands of solar panels. 

There has been much discussion lately about a possible European Union antidumping duty on Chinese manufactured solar panels. The talk was of a duty in the neighbourhood of 50%. This possibility obviously kept a damper on Chinese solar stocks.Guaranteed low prices on all modern Led ceiling light and LED light fixtures and free shipping! But around May 20th, there were reports about work on a negotiated settlement between the European Union and China that might also include the US. This theoretical deal would introduce quotas on Chinese solar panels instead of tariffs. These rumours helped the stocks of Chinese solar manufacturers. 

The Germans, who benefit from healthy auto and machinery exports to China, are not keen on the possibility of a trade war. After a meeting last week between Chancellor Merkel of Germany and China’s Premier Li Keqiang, the German leader announced that she opposed punitive tariffs. However a subsequent meeting between a Chinese solar industry trade group and EU officials broke down with no agreement and trading accusations. 

New developments on this front could happen at any moment and may sharply move the stocks of solar manufacturers, Chinese and others. Chinese solar stocks had brief setbacks after news of the breakdown in talks. But then the stocks quickly caught a bid.Looking for 1.5W led eagle eye reversing light lamps for your new house? 

Another factor contributing to the solar stocks sizzle was the first quarter earnings report from Chinese solar panel manufacturer JA Solar Holdings. That company showed a slight improvement in margins and also a slight increase in the average selling prices for solar panels. This was the first glimmer of hope in years that the pricing death spiral for solar panels is beginning to slow down. 

Combine a few bits of possibly positive news and the highly combustible short position in many of these solar stocks, and you get lift-off. 

In February, Real Goods announced a deal with an un-named “major” homebuilder. All new housing developments in California by this homebuilder will have solar power systems as standard features. These solar power systems will be installed by Real Goods. At the earnings conference call on May 8, it was revealed that the homebuilder is Lennar – one of the premier homebuilders in the US. There is hope that Lennar will add solar power features to new developments in other “solar-friendly” states in the southwest. 

In April, Real Goods announced a big deal with the Unified School District of Stockton California. Real Goods will install solar power systems with a total value of about $20 million on 18 schools in the district.Are you still hesitating about where to buy LED bulb e27? The School board will save money on its utility bills starting year one of a 25 year agreement. Financing for the deal is supplied by Smart Energy Capital.

 
 
  Today, there have been 30 visitors (68 hits) on this page!  
 
This website was created for free with Own-Free-Website.com. Would you also like to have your own website?
Sign up for free