Shares for JinkoSolar Holding (JKS) were down 4.5% in afternoon trading in the stock market today, after the Chinese solar company posted first-quarter earnings that missed analyst forecasts but sales that beat. Fellow China solar firm Yingli Green Energy Holding was down 2.5% Tuesday afternoon, but other solar stocks were holding up. Still, IBD’s Energy-Solar group ranks just No. 194 out of 197 groups tracked. JinkoSolar, a Shanghai-based maker
The top 20 suppliers of solar photovoltaic modules, including Trina Solar (TSL), are guiding for a more than 30% increase in shipments in 2014, says NPD Solarbuzz. Besides Trina, other suppliers forecasting the most aggressive growth include JinkoSolar Holding (JKS) and Canadian Solar (CSIQ), with the upper end of their guidance exceeding 40%, the NPD report said. The supplier forecasting the highest shipment volume in 2014 is Yingli Green Energy
Trina Solar (TSL) has found its way back to the black. The China-based maker of solar panels swung to its first quarterly profit in two years when it reported its Q3 results early Tuesday. The company followed rival JinkoSolar Holding (JKS), which on Monday also reported Q3 results in which it swung to a profit. Trina said its solar panel shipments are up 11% this year. Trina Solar stock rose as much as 5.7% early Tuesday, to near a two-year high