Seeking Alpha

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.
Comments (2)
  • anggicvg
    , contributor
    Comments (4) | Send Message
    How about GCC 84 GW, $155B projects, target to be completed 2017?
    Reported in local ARAB NEWS, english newspaper edition in Saudi of Sep 3, 2013.
    Google: Saudi Arabia, UAE lead in Solar Projects ....
    26 Sep 2013, 12:42 PM Reply Like
  • moreofthesame
    , contributor
    Comments (743) | Send Message
    There is a wave of solar happening globally and its hard to tell how high it will go but at this point it seems there is no stopping it.
    26 Sep 2013, 02:21 PM Reply Like
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