After the completion of these projects, the power plants are expected to generate clean, renewable power for 274,000 homes and create 1,400 local construction jobs and hundreds of factory jobs.
Trina Solar Limited (ADR) (NYSE:TSL) also surged 3.56% to $22.42. This morning, the company said that its subsidiary, Trina Solar (Spain) S.L.U., it has signed a sales agreement with Gestamp Asetym Solar, S.L. ("Gestamp Solar"), a well-established Spanish-based developer of large-scale solar energy projects, to power Renault's manufacturing plants in France.
Premier Power Renewable Energy, Inc. (OTC:PPRW) ended on a flat note. On June 14, 2011, the company said that Genalta Power Inc made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
Renewable Energy Stocks Sector Snapshot
- ReneSola Ltd. (ADR) (NYSE:SOL) jumped 0.18 (3.57%) to close at $5.22.
- SunPower Corporation (NASDAQ:SPWRA) rose 1.01 (5.51%) to $19.33.
- LDK Solar Co., Ltd (ADR) (NYSE:LDK) surged 0.22 (3.09%) to $7.34.
- JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) added 0.09 (1.65%) to $5.55.
- Premier Power Renewable Energy, Inc. (OTC:PPRW) closed at $0.69
Solar Stock Investor Snapshot;
Premier Power Renewable Energy, Inc. (OTC:PPRW)
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com
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