Tag Archives: offering
STR Pressured On Proposed Secondary Offering $STRI
STR Holdings (STRI) is down in pre-market trading today after announcing a proposedsecondary offering of 6,500,000 shares of its common stock. The shareswill be sold by certain stockholders. In connection with the proposedoffering, the selling stockholders will grant to the underwriters anoption to purchase up to 975,000 additional shares. STR Holdings will not receive any [...]
Trina Down On Secondary Offering $TSL
Trina Solar(TSL) is under pressure this morning after announcing last night that it intends to offer 7,900,000 ADS shares for sale with the option forunderwriters to purchase an additional 1,185,000 shares. Proceeds willbe used to expand manufacturing capacity, R&D and general corporatepurposes. Shares are down about 4% in premarket trading as the stock continuesto trade [...]
Geotectura’s Gasoline Station Offering Solar Powered EV Charging
Withthe rise in the number of electric and plug-in hybrid cars on thestreets, it will be important for gasoline stations to adopt the newtrend and equip their stations with EV charging stations. However,since most of the electricity generated in different parts of the worldstill comes from coal-fired power plants, greening the world will takemuch more [...]
Solyndra To Raise $300 Million In Public Offering
Solyndra plans to go public and raise up to $300 million, the company said Friday. The high-profiled solar company didn’t specify how many shares or atwhat price for its stock offering, according to its filing with theU.S. Securities and Exchange Commission. Fremont, Calif.-based Solyndra has garnered lots of spotlight forits technology and for winning a [...]
Krayden Offering ECM Solar Cell Conductive Adhesives, Inks
Denver-based Krayden Inc., a distributor of engineered materials, has introduced Engineered Conductive Materials’ (ECM) solar cell conductive adhesives and inks for the solar industry. ECMSolAg series silver inks and adhesives have repeatedly proven superiorin damp heat and thermal cycle aging, according to Krayden. The leadingfailure modes that limit a PV module’s operating life areelectrochemical corrosion [...]
HelioPower, SunRun Offering System Finance For Calif. Residents
HelioPower, a solar power design and installation firm, saysit has partnered with home solar service provider SunRun to bringaffordable solar financing and services to its California residentialcustomers. HelioPower, through its California offices, willoffer SunRun to homeowners in the state. SunRun purchases home solarsystems designed and installed by HelioPower for its customers, who payonly a one-time [...]
Why I Am Restarting My YGE Position
Still not a huge fan of the solar space but I am going to restart one position in the sector – Yingli Green Energy (YGE)has been one of the better operators in the space, and has one of thebetter combination of size and scale in the Chinese solar space. Thereare more speculative names that might [...]
Evergreen Solar (ESLR) To Finance New Plant With $60 Million Public Offering
Evergreen Solar just announced a public offering of its commonstock, worth $60 million. Piper Jaffray and Co is the underwriter forthe offering, and Evergreen Solar intends to give them a 30-day optionto buy an additional $9 million worth of stock. Per a company press release, the money raised from the offering will be used to [...]