real-time news and commentary for investors
Thursday, Sep 26
Solar stocks rally again, India and First Solar in the news
- Solar stocks are adding to yesterday's gains with the help of a market rally. Also possibly helping: the Indian government has set a 10GW 2017 solar capacity target. The move follows the Chinese government's establishment of a 35GW 2015 target.
- Winners: JKS +5.1%. SPWR +3.6%. YGE +4.8%. TSL +4%. SOL +2.1%. DQ +13.9% (previous).
- Also: First Solar (FSLR +1.1%) has announced it's buying a 250MW Nevada solar project from project developer K Road Power. The project is situated to the northeast of Las Vegas, could see construction begin in Q4, and is expected to be finished by the end of 2015.