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Fri, February 24, 2012

Canadian Solar and First Solar on the Upswing as Demand Shows Signs of Strength


Published on 2012-02-24 05:25:57 - Market Wire
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February 24, 2012 08:20 ET

Canadian Solar and First Solar on the Upswing as Demand Shows Signs of Strength

Five Star Equities Provides Stock Research on Canadian Solar & First Solar

NEW YORK, NY--(Marketwire - Feb 24, 2012) - Solar stocks have been on an impressive tear this year. The Guggenheim Solar ETF (TAN) -- which seeks results that correspond to approximately 25 stocks selected based on the relative importance of solar power within the Company's business model -- is up more than 25 percent year-to-date as Asian manufacturers are running at full capacity, Deutsche Bank AG argues. Five Star Equities examines investing opportunities in the Solar Industry and provides equity research on Canadian Solar Inc. (NASDAQ: [ CSIQ ]) and First Solar, Inc. (NASDAQ: [ FSLR ]). Access to the full company reports can be found at:

[ www.fivestarequities.com/CSIQ ]
[ www.fivestarequities.com/FSLR ]

China's government aims to double solar installations this year and has set preferential power tariffs designed to encourage manufacturers and developers to move into cleaner energy sources, Bloomberg reports.

China's generosity to the solar industry has not gone unnoticed in the U.S. Gordon Brinser of Solarworld Industries America has called upon President Barack Obama to impose a tariff barrier on the imports of Chinese solar products. At the heart of the dispute is the claim that China pays unfair subsidies to its solar companies, James Melik of BBC World Service reports.

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 [ www.fivestarequities.com ] and get exclusive access to our numerous stock reports and industry newsletters.

Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company raised its fourth-quarter forecast shipments on Tuesday because of stronger-than-expected demand. Canadian Solar now expects shipments of between 430 and 440 megawatts, up from its November forecast of 340 to 360 MW.

First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems.

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:
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