Investorideas.com newswire, renewable energy sector

Wednesday, August 18, 2010

Solar Stocks; Barclays Capital analyst Vishal Shah Raises Ratings on Trina Solar (NYSE:TSL), Renesola Ltd (.NYSE:SOL)

 Barclays Capital analyst Vishal Shah Raises Ratings on Trina Solar (NYSE:TSL), Renesola Ltd.( NYSE:SOL)

Solar Stocks Sector Close-Up August 18th, Barclays Capital analyst Vishal Shah Comments on Solar Stocks

August 18 , 2010 - ( Investorideas.com renewable energy/green newswire ) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector release a sector close-up on solar stock for trading August 18th following upgrades by Barclays Capital analyst Vishal Shah.

Analyst Comment by Vishal Shah at Barclays Capital

http://pulse.alacra.com/
Barclays Capital analyst Vishal Shah this morning raised his ratings on both ReneSola (SOL) and Trina Solar (TSL) to Overweight from Equal Weight, asserting that the Street is too bearish on expectations for the solar industry for 2011.

Barclays Capital analyst Vishal Shah this morning raised his ratings on both ReneSola (SOL) and Trina Solar (TSL) to Overweight from Equal Weight, asserting that the Street is too bearish on expectations for the solar industry for 2011. Shah says solar stocks appear to be discounting a scenario of flat industry shipments in 2011 along with a module ASP decline of over 15%. But he thinks industry volumes will actually grow at least 20%, with ASP declines in line with expectations. He sees demand for next year at 16 GW, well above the Street consensus at 13.7 GW

More info: http://pulse.alacra.com/analyst-comments/Vishal_Shah-A10782

Sector Snapshot – Sector Gains

HOMEBUILDER 2.1%

GOLD 1.6%

RETAIL 1.4%

SOLAR 1.4%

AGRICULTURE 1.3%

STEEL/IRON 1.3%

AIRLINE 1%

BANK 0.9%

SEMICONDUCTOR 0.9%

NETWORK 0.8%



18 Aug, 12:25pm ET (delayed)

Solar Stocks Sector Close-Up, Trading
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading at $ 2.35, up 0.04 (1.73%) 12:22PM EDT

Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $ 11.79, up 0.14 (1.20%) 12:47PM EDT

First Solar, Inc. (NasdaqGS: FSLR) trading at $ 125.84, down 0.02 (0.02%) 12:51PM EDT

JA Solar (Nasdaq: JASO) trading at $ 5.87, down 0.02 (0.34%) 12:52PM EDT

JinkoSolar Holding Company Limi (NYSE:JKS) trading at $ 24.50, up 2.77 (12.75%) 12:53PM EDT

Renesola Ltd. Common Shares of (NYSE:SOL) trading at $ 8.38 0.38 (4.75%) 12:53PM EDT

Solarfun Power Holdings Co., Lt (NasdaqGS: SOLF) trading at $ 10.86, up $ 0.09 (0.84%) 12:49PM EDT

SunPower Corporation (NasdaqGS: SPWRA) trading at $ 11.65, down 0.02 (0.17%) 12:54PM EDT

Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $ 9.06, up 0.07 (0.78%) 12:54PM EDT

Trina Solar Limited Sponsored A (NYSE:TSL) trading at $ 23.53 1.10 (4.90%) 12:56PM EDT

Yingli Green Energy (NYSE: YGE) trading at $ 11.38 0.48 (4.40%) 12:56PM EDT

XsunX Inc: (OTCBB: XSNX) trading at $0.10



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About XsunX, Inc. - Solar Products for Life on Earth

XsunX, Inc. (OTCBB:XSNX) is working to provide a clean and capital efficient solution for the mass production of the highest efficiency, lowest cost CIGS thin-film solar cells using our new CIGSolar™ technology.
Website: http://www.xsunx.com/’
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