Trina Solar (TSL) early Monday posted a double-digit increase in revenue that nevertheless missed Wall Street expectations, while lowering its full-year solar module shipment forecast. Trina Solar was down 6% in midday trading in the stock market today, near 10. Few other major solar firms were down, however, and IBD’s 20-company Solar-Energy industry group was up 1.5%. Industry leader First Solar (FSLR) was up 1.5% midday Monday. Trina lowered
China-based Trina Solar’s (TSL) factories are going full throttle, according to a Bloomberg News report Friday, sending the solar panel maker’s stock rising. Even at full capacity, Trina can’t meet customer demand, Trina Solar’s CEO told Bloomberg. Trina Solar was up 4% in midday trading in the stock market today, near 14 and earlier touched a five-month high. The Changzhou-based company’s CEO, Gao Jifan, told Bloomberg that China’s top
Recent salvos in the long-running solar-energy trade wars are brightening hopes for some solar companies and dimming prospects for others. Double-digit tariffs that the U.S. Department of Commerce slapped on solar-panel makers in China and Taiwan during July have drawn protests from foreign-based companies such as Canadian Solar (CSIQ), Trina Solar (TSL) and Yingli Green Energy (YGE) . The tariffs, set to become final in December, hurt the