LDK Solar and Yingli Green Energy Benefitting From China's Green Energy Shift
February 24, 2012 08:20 ET
LDK Solar and Yingli Green Energy Benefitting From China's Green Energy Shift
Five Star Equities Provides Stock Research on LDK Solar & Yingli Green Energy
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 LDK Solar Co. (
[ www.fivestarequities.com/LDK ]
[ www.fivestarequities.com/YGE ]
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.
Yingli Green Energy Holding Company Limited, together with its subsidiaries, engages in the design, development, manufacture, marketing, sale, and installation of photovoltaic (PV) products in the People's Republic of China and internationally. Earlier this week shares of YGE took a hit after it reported that it expects photovoltaic module shipments to fall by 30 percent from the third quarter. The company had earlier forecast a decrease of low- to mid-20s percent.
LDK Solar Co., Ltd., together with its subsidiaries, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products; and development of power plant projects.
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