Tag Archives: csun
China Sunergy Lands 7MW Solar Module Deal $CSUN
China Sunergy (CSUN) has secured a 7 MW solar module supply contract with CEEG (Nanjing) Solar Energy Research Institute, for the NanjingSouth Railway Station solar roof project. It’s the world’s largeststand-alone building integrated photovoltaic (“BIPV”) project for onestructure and will be one of the most energy efficient public buildingsin China. The company announced a big [...]
China Sunergy Crushes EPS Estimate $CSUN
China Sunergy (CSUN) reported Q3 earnings results this morning that smashed analyst estimates on the EPS side, but inline on the revenue side. The company reported an EPS of .37 (well ahead of the .20/share estimate) on revenues of $126 million which matched theanalyst estimate. That’s good for quarter over quarter growth of 95%and 57% [...]
China Sunergy CFO Resigns, Citing Personal Reasons $CSUN
China Sunergy (CSUN) announced after the bell today that its CFO Siegfried Yi Chou Hsu had resigned for personal reasons on Sunday and that a replacement is beingpursued. In the meantime, Yongfei Chen will act as interim CFO whilethe CEO will oversee investor relations programs. Chen joined ChinaSunergy today, coming over from China Electric Equipment [...]
$CSUN Smashies Earnings, Narrows Guidance
China Sunergy (CSUN) reported results this morning and while they missed slightly on the revenue number posting $117million, they smashed EPS estimates with a profit surge of .33/share. That was nearly double the analyst estimate of .18/share and a newrecord for the company. It’s also more than double the EPS of lastquarter and more than 10x [...]
China Sunergy Expects Sunny Future $CSUN
With the political and environmental fallout from the BP oil disaster in the Gulf of Mexico loominglarge in everyone’s minds, the debateover decreasing dependency on fossil fuels and stepping up thepursuit of renewable sources is one again front and center. One cleantech player confident in sunny days ahead is China Sunergy (Nasdaq: CSUN), a Nanjing-based [...]
China Sunergy Back In Black, Stock Soars $CSUN
China Sunergy (CSUN) is up about 10% this morning, adding toyesterday’s strong move above resistance. The company beat analystestimates by a wide margin and got back in the black by reporting a nonGAAP EPS of .16/share on revenues of $104.3 million. I’ll have to check on this when I have more time, but I believe [...]
China Sunergy acquires two solar module manufacturers $csun
China Sunergy Co. Ltd, a specialized solar cell manufacturer based inNanjing, China, announced an agreement to acquire 100 percent of theshares of two related module manufacturers — CEEG (Shanghai) SolarScience & Technology Co. Ltd and CEEG (Nan Jing) New Energy Co. Ltd. "These acquisitions enhance China Sunergy’s position in the downstreamphotovoltaic market and advance our [...]
China Sunergy Stinks Up Earnings $CSUN
China Sunergy (CSUN) is once again showing why its a 2nd rate China solar company after reporting its second straight quarterly loss,reported an adjusted loss of .08/share which was inline with analystestimates. Revenues came in a bit higher than expected at $97.6million. The revenue growth was there with a 126% surge over the yearago quarter [...]
China Sunergy (CSUN) Signs Agreement With Opsun
China Sunergy just announced that it has signed a solar productsframework agreement with Opsun, a Canadian company that makes solarpanels, mounting systems and solar concentrators. Under the agreement,China Sunergy will deliver 100 MW of solar cells and modules to Opsunbetween 2009 and 2014. Opsun will use China Sunergy’s technology in its own PV Panel,Structural PV [...]