Solar stocks are weak today (TAN -2.8%), possibly due to a guidance cut from SolarWorld...

|By:, SA News Editor

Solar stocks are weak today (TAN -2.8%), possibly due to a guidance cut from SolarWorld (SRWRF.PK): the troubled German module vendor, whose shares fell 12.2% in Frankfurt, now expects 1H sales to be down 36% Y/Y. Bucking the trend is Canadian Solar (CSIQ +1.3%), which just received a $94M loan from China Development Bank. That won't do anything to soothe U.S. and E.U. concerns about Chinese government support for local manufacturers.