NEW YORK, NY--(Marketwire - May 16, 2012) - Solar stocks could get a boost as Saudi Arabia has announced a $109 billion plan to create a solar industry that will generate a third of the nation's electricity within two decades. The Saudi Arabian Market would provide significant opportunities for the Solar Industry. Five Star Equities examines the outlook for companies in the Solar Industry and provides equity research on Trina Solar Limited (NYSE: [ TSL ]) and JA Solar Holdings Co., Ltd. (NASDAQ: [ JASO ]).

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"We are not only looking for building solar plants," Maher al-Odan, a consultant at the King Abdullah City for Atomic and Renewable Energy, said in a recent interview. "We want to run a sustainable solar energy sector that will become a driver for domestic energy for years to come." Saudi Arabia, the world's largest oil exporter, hopes to have 41,000 megawatts of solar capacity by 2032 said al-Odan. According to Bloomberg New Energy Finance the nation trails Egypt, Morocco, Tunisia, Algeria, and the United Arab Emirates with only 3 megawatts of solar installations.

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Trina Solar Limited is a leading manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. The company recently announced that it will host a conference call at 8:00 a.m. ET on Wednesday, May 23, 2012, to discuss results for the quarter ended on March 31, 2012.

JA Solar Holdings Co. is a leading manufacturer of high-performance solar power products. The Company sells its products to solar manufacturers worldwide, who assemble and integrate solar cells into modules and systems that convert sunlight into electricity for residential, commercial, and utility-scale power generation.

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