Trina Solar Limited, through its subsidiary, Changzhou Trina Solar Energy Co., Ltd., engages in the manufacture and sale of solar-power products primarily in China. The company’s solar modules provide electric power for residential, commercial, industrial, and other applications worldwide. It produces standard monocrystalline solar modules ranging from 160 watts to 185 watts in power output and multicrystalline solar modules ranging from 190 watts to 220 watts in power output. The company manufactures ingots, wafers, and solar cells for use in its solar module production. It provides silico...
Extremely overvalued a good stock presenting a good long opportunity in a beaten down market, with oil going crazy wont be long to savy investors come back in.
Changzhou, China – November 21, 2007 – Trina Solar Limited (NYSE: TSL) (“Trina Solar”, “we”, or the “Company”), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced its financial results for the third quarter of 2007.
So here’s the crux of the debate on the solar stocks, which today have gained ground for the fourth straight session, posting some impressive cumulative gains after a long, long slide.
The bearish view is that the stocks, while certainly badly beaten up in recent months, still must endure a period of tighter credit, collapsing prices, too much supply, a stronger dollar and strapped governments pulling back on subsidy programs. The bears argue that solar valuations are low in part because the market is adjusting to low-margin commodity pricing; P/E multiples on forward numbers are low in no s
A week full of earnings reports from various solar companies has highlighted the bruises, cuts, and scrapes in the solar sector. Across the damaged list of publicly traded companies, we find many stocks trading in the single digits - and that includes the solar ETFs [[TAN]] and [[KWT]]. We received reports from the likes of ReneSola (SOL), LDK Solar (LDK), Trina Solar (TSL), Suntech Power (STP), and Canadian Solar (CSIQ). The good news was few and far between.
What stuck out most to me was the (all too familiar) vigorous selling that followed LDK's earnings report that featured increases in
The remarkable swoon of the solar sector continues unabated.
While there remains widespread anticipation that an Obama Administration will push for an expansion of the use of alternative energy generally and solar in particular, those hopes have been overwhelmed by collapsing fundamentals in the industry. Several companies this week - including Canadian Solar (CSIQ), Suntech (STP) and Trina Solar (TSL) provided distressing guidance for the fourth quarter. The industry is being plagued by a combination of slowing demand in Europe, tight credit, collapsing prices and the strengthening dollar.
After spending most of the summer in the dark, the solar industry is seeing a ray of light today after an earnings report from LDK Solar Co., Ltd. (LDK). The stock is currently up about 19% on the day and related companies such as Trina Solar Limited (ADR) (TSL), and ReneSola Ltd. (ADR) (SOL) [...]
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About TRINA SOLAR Ltd.
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