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Friday, May 17, 11:04 AM SolarCity (SCTY +15.3%) won't take a breather. Shares are blasting off to new post-IPO highs a day after rallying on news of an expanded financing partnership with Goldman. "We hope [the deal] sends a signal that solar is a stable and reliable asset to invest in," CEO Lyndon Rive tells Bloomberg. Meanwhile, some Chinese solar names are up following a rally in Shanghai: YGE +4.1%. LDK +5.1%. SOL +6.1%. JASO +3.5%. CSIQ +2.5%. Comment! [Tech, On the Move]
Thursday, May 16, 3:10 PM ReneSola's (SOL -14%) larger than expected Q1 loss on falling prices and shipments has shares reeling and is dragging down other Chinese solar stocks. SOL offered an optimistic take on the rest of the year, saying Q2 sales could hit $330M, but investors aren't impressed. TSL -4.2%, JASO -3.5%, STP -1%, but YGE +2%. Comment! [Energy, Tech, On the Move]
Thursday, May 16, 7:42 AM ReneSola (SOL): Q1 EPS of -$0.45 misses by $0.06. Revenue of $284M (+34.4% Y/Y) beats by $24M. Shares -1.3% premarket. (PR) Comment! [Earnings, Tech, Breaking News]
Thursday, May 16, 12:05 AM Notable earnings before Thursday’s open: ALKS, DANG, FLO, KSS, SOL, WMT Comment! [Earnings]
Wednesday, May 15, 5:30 PM Notable earnings before Thursday’s open: ALKS, DANG, FLO, KSS, SOL, WMT Comment! [Earnings]
Wednesday, May 15, 9:17 AM SunPower (SPWR) +7.5% after providing strong guidance ahead of today's analyst day, which starts at 10AM ET (webcast). SunPower expects Q2 revenue of $550M-$600M and EPS of $005-$0.15, above a consensus of $513.3M and -$0.02. 2013 guidance (possibly conservative) is for revenue of $2.5B-$2.6B and EPS of $0.60-$0.80 vs. a consensus of $2.55B and $0.64. Gross margin is expected to fall to 14%-16% in Q2 from Q1's 22.7%, and total 15%-17% in 2013. 2013 free cash flow of $100M-$200 is expected. Shares now +57% since SunPower posted a huge Q1 beat on May 2. FSLR +2.5%. WFR +1.9%. LDK +1.5%. TSL +3.5%. SOL +2.7%. (slides) Comment! [Tech, On the Move, Earnings]
Tuesday, May 14, 1:19 PM Ever-volatile Chinese solar stocks slide after Trina (TSL -8.3%) slashes its Q1 module shipment guidance and forecasts a gross margin for the quarter of just 1%-3%. DQ -5.9%. JKS -5.9%. YGE -5.1%. LDK -4.8%. SOL -3.6%. JASO -2.2%. U.S. solar installer/electricity seller SolarCity delivered mixed Q1 results and reiterated its full-year guidance yesterday afternoon. (yesterday's gains) Comment! [Tech, On the Move]
Monday, May 13, 11:27 AM SolarCity (SCTY +18.6%) is skyrocketing ahead of today's Q1 report - does someone know something? - and many other solar peers are also doing pretty well (TAN +4.5%). SOL +9.8%. CSIQ +11.6%. WFR +8%. LDK +9.3%. JASO +5.4%. SPWR +4.8%. FSLR +4.5%. GTAT +5.2%. JKS +7.9%. Short interests for many industry names remain sky-high: SolarCity had 16.6% of its float shorted as of April 30. SunPower was at 29.9%, First Solar 33.4%, and GT Advanced 34.8%. 4 Comments [Tech, On the Move]
Friday, May 10, 12:29 PM Volatile/well-shorted solar stocks are ripping higher (TAN +5.4%) to close out a week in which the EU imposed long-expected tariffs on Chinese solar panel imports. TSL +10%. CSIQ +16.1%. STP +9.1%. SCTY +8.6%. SOL +8.3%. JASO +7.5%. FSLR +4.6%. JKS +9.4%. LDK +3.4%. SPWR +7.8% A Reuters column today notes the pace of module price declines is expected to slow, as weaker players are forced out and U.S./emerging markets demand gradually soaks up excess capacity. 4 Comments [Tech, On the Move]
Friday, May 3, 10:09 AM Chinese solar stocks slump as Reuters reports EU trade chief Karl De Gucht is set to recommend import tariffs be placed on Chinese solar panels in the wake of an anti-dumping probe. European solar module demand has been weak for a while thanks to subsidy cuts and macro issues, but still accounts for a giant chunk of the global market. EU tariffs have been expected for some time, and the Chinese government might return fire by placing tariffs on polysilicon import from the EU and elsewhere. YGE -4.8%. CSIQ -3.3%. SOL -2.8%. TSL -2.6%. (U.S. tariffs) Comment! [Tech, On the Move]
Thursday, April 18, 7:26 AM ReneSola (SOL) will provide solar power plant operator Eneparc with 43.6MW of solar modules over the next three months. In a familiar refrain for solar company supply deals, SOL says the agreement "reaffirms the value of [its] solar module business." For its part, Eneparc notes that "current market conditions are manageable for companies who are deep in the value chain." Presumably it counts itself as such a company. (Also this month: Solairedirect to buy 54MW of modules from SOL) Comment! [Energy]
Monday, April 15, 12:49 PM Disappointing Chinese GDP data helps fuel a rout in solar stocks (TAN -3.8%). A broader selloff in risk assets isn't helping either. Suntech (STP -21.1%) is the biggest loser, as the Buffett rumor rally officially comes to an end. JASO -11.8%. LDK -10.7%. YGE -8%. WFR -7.9%. GTAT -5.9%. SOL -8.2%. TSL -6.9%. SPWR -5.1%. JKS -8.5%. DQ -5.2%. YGE -8%. Comment! [Tech, On the Move]
Wednesday, April 10, 12:38 PM Many solar stocks are giving back some of yesterday's monumental First Solar-driven gains. A weak Q4 report from JinkoSolar (JKS -5%) is a likely factor: in addition to soundly missing estimates, Jinko reported a gross margin of just 3.8% (-200 bps Q/Q and +820 bps Y/Y), and guided for Q1 module shipments to fall to 270MW-300MW from Q4's 301.9MW. YGE -7.4%. SOL -6.2%. LSK -4.5%. CSUN -2%. LDK -4.5%. TSL -1.6%. SunPower (SPWR -2.7%) is lower in spite of receiving an upgrade to Buy from S&P. Comment! [Tech, On the Move]
Tuesday, April 9, 10:32 AM ReneSola (SOL +9.9%) strikes a deal to supply over108K 300W solar modules to U.S. solar developer Strata Solar for use in five 6.5MW North Carolina solar farms. Deliveries will be made in June/July. Shares are shooting higher, but remain well below mid-February levels. (Solairedirect deal) Comment! [Tech, On the Move]
Monday, April 8, 10:07 AM First Solar (FSLR +1.8%) and sales chief James Brown have "mutually agreed" Brown should no longer work for the company. The disclosure, which comes in advance of tomorrow's analyst day, doesn't seem to be bothering investors much, as First Solar joins a broader rally in solar names (TAN +1.3%) in the wake of Trina's upbeat comments about industry capacity and Chinese demand. JKS +8.2%. CSUN +8.4%. YGE +4%. SOL +4.7%. SPWR +2.4%. SCTY +1.9%. DQ +6.3%. CSIQ +2.6%. JASO +2.3%. 3 Comments [Tech, On the Move]
Thursday, April 4, 11:25 AM A deal with South African solar manufacturer Solairedirect is helping ReneSola (SOL +3.2%) tick higher. Solairedirect's manufacturing subsidiary has agreed to make 120MW worth of ReneSola-branded solar modules over 3 years, with its parent company having committed to to buying 54MW of them for solar projects. ReneSola adds Solairedirect could make additional modules if it chooses to expand its production capacity. (PR) 1 Comment [Tech, On the Move]

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ReneSola Ltd.