YGE, WFR, SOL, PWER and STP has made big deal despite gloomy market trends in solar panel


Yingli Green Energy Holding Company Limited (ADR) (NYSE:YGE) has been declared third out of 90 panels.  Yingli Green (NYSE:YGE)’s panel has a capability of generating 1,118.7 kilowatt hours of electricity, with the efficiency of 93.1%, according to the company’s report.

MEMC Electronic Materials, Inc. (NYSE:WFR) declared an agreement, according to the deal the company would build one of the biggest solar plant in Brazil, which would be capable of generating 1.1 MW electricity in Brazil.

ReneSola Ltd. (ADR) (NYSE:SOL) has announced that the company will build three big solar plant in different areas including Mexico, in which ReneSola will build 1.8 MW solar plant in the country. While in its second agreement, the company has signed a 44 MW module a deal with Enerparc and third one with Uenohara Mega Solar Project in Japan, according to which ReneSola (NYSE:SOL) will supply 2 MW of modules.

Power One Inc (NASDAQ:PWER) stated an exchange program with Phono Solar, according to the program it will help build up latest PV systems by using Power-One’s monitoring and inverters system. Because the company’s first solar plant inverters in Chile is working beyond the expectations, the KRAFTWERK Renewable Power Solutions has claimed.

After defaulted on loans last month Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) this week announced a 63 MW supply agreement. And this is an unexpected element by the company because a subsidiary of the company caught in bankruptcy by Chinese banks, and the company is denying the news. Even investors are behaving like there is no big deal.


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