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  • Nov. 19, 2014, 8:19 AM
    • Enphase Energy (NASDAQ:ENPH+4.2% premarket on news it agreed to a strategic partnership with SolarWorld (OTCPK:SRWRF) to share market channels and develop products together.
    • ENPH will be the supplier of SolarWorld's microinverter systems for custom engineered system solutions in the U.S. market, and the companies are expanding the partnership across their worldwide distribution networks.
    | Nov. 19, 2014, 8:19 AM
  • May 20, 2014, 7:35 AM
    • The U.S. has charged five Chinese military officers for hacking into American nuclear, metal and solar companies to steal trade secrets.
    • Companies that the suspects targeted include Alcoa (AA), Allegheny Technologies (ATI), United States Steel (X), Toshiba (TOSBF) unit Westinghouse Electric, the U.S. operations of SolarWorld (SRWRD), and a steel workers' union.
    • Officials said the firms suffered "significant" losses, although they declined to provide details.
    • Alcoa said that to its knowledge, "no material information was compromised."
    • The U.S. probably won't be able to prosecute the officers, as China is unlikely to hand them over.
    • The charges come amid long-running tension between the U.S. and China over cyber-espionage. Documents leaked by Edward Snowden show that the U.S. has tampered with Cisco-made equipment that was for sales overseas.
    | May 20, 2014, 7:35 AM | 13 Comments
  • Aug. 13, 2012, 1:53 PM

    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.

    | Aug. 13, 2012, 1:53 PM
  • Nov. 19, 2008, 10:14 AM
    SolarWorld (SRWRF.PK) offers $1.28B for GM's (GM) Opel unit in Germany, with an eye towards creating a green auto firm. There's no indication GM wants to sell, though it could certainly use the cash. SolarWorld -16.4% in Germany. GM -13.9% in the U.S.
    | Nov. 19, 2008, 10:14 AM