Solar Stocks on Fire as Chinese Investments Grow
Five Star Equities Provides Stock Research on Suntech Power & Renesola
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/10/12 -- Solar stocks have been on an amazing run in 2012. The Guggenheim Solar ETF is up more than 40 percent year to date as the industry continues to post impressive growth. According to Kirk Spano, founder and owner of Bluemound Asset Management, LLC, solar is currently producing less than 1 percent of global energy, "but with a growth rate over 35%, big money is pouring into the sector." Five Star Equities examines investing opportunities in the Solar Industry and provides equity research on Suntech Power Holding Co Ltd (NYSE: STP) and Renesola Ltd. (NYSE: SOL). Access to the full company reports can be found at:
China continues to be a driving force behind the solar sector. According to market research firm, Solarbuzz's Asia Pacific Major PV Markets Quarterly for the fourth quarter of 2011, Asia's solar market grew by an impressive 165 percent through all of last year. Over the course of 2011, Solarbuzz estimates that Asia added roughly 6 gigawatts of solar installations, with nearly half coming in the fourth quarter alone.
Solarbuzz observes that nearly half of Asia's added solar capacity came from China, with an estimated 2.9 gigawatts of solar power added
Five Star Equities releases regular market updates on the solar industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Chinese solar companies are in danger of tariffs imposed by Washington to balance the perceived injustice of Chinese industry subsidies. In late 2011, SolarWorld, joined by a small group of other manufacturers, asked the U.S. Commerce Department to impose duties on imported Chinese solar cells, the components of solar panels.
Ocean Yuan, founder of Grape Solar, recently told The Oregonian that Chinese solar factories have slashed production because of a U.S. threat to slap retroactive tariffs on imports to the United States.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Contact:
Five Star Equities
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 10.02.2012 - 13:20 Uhr
Sprache: Deutsch
News-ID 113334
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 160 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Solar Stocks on Fire as Chinese Investments Grow"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
