Yingli Green Energy (YGE) on Wednesday lowered its guidance for solar module shipments this fiscal year, and its CEO cited financing challenges as one reason Q2 earnings missed expectations. Yingli stock was down nearly 5% in late-afternoon trading Wednesday, near 4. SunEdison (SUNE) and Canadian Solar (CSIQ) stocks were both down 1.5%, but some other solar stocks had better days. Trina Solar (TSL) was up 1.5% late in Wednesday’s session, though
Trina Solar early Tuesday posted Q2 revenue that missed Wall Street expectations as its solar-module shipments fell shy of views, sending its stock falling. Trina Solar (TSL) stock was down 8.5% in midday trading in the stock market today, near 12. Other China solar stocks also fell. Yingli Green Energy Holding (YGE) was down more than 5% in midday trading Tuesday, while ReneSola (SOL) was down more than 3%. Changzhou, China-based Trina reported
Solar energy stocks were down on Friday after Yingli Green Energy Holding (YGE), the world’s biggest solar panel maker, warned that Q1 shipments would be lower than expected, due to soft seasonal demand in China and a project delay in Algeria. U.S.-listed shares in Yingli were down 3% in early afternoon trading on Friday, after Thursday’s sell-off in technology stocks. China Sunergy (CSUN) fell 6%, while SunPower (SPWR) slipped 4% in the stock