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Tag Archives: term

Hoku, Tianwei amend polysilicon supply agreements

Hoku Materials Inc., a wholly owned subsidiary of Hoku Scientific Inc.,established to manufacture and sell polysilicon for the solar market,and Tianwei New Energy (Chengdu) Wafer Co. Ltd., a subsidiary ofTianwei New Energy Holdings Co. Ltd. that manufactures silicon wafers,photovoltaic cells, and modules in China, have amended their twopolysilicon supply contracts. This amendment is meant toaccelerate [...]

Report: Renewables Could Supply 10% Of U.S. Energy Needs By 2020

Renewable energy resources in the U.S. are sufficient to meet asignificant portion of the nation’s electricity needs, says a newreport from the National Research Council. Accordingto the report, non-hydroelectric renewable resources – solar, wind,geothermal and biomass – which currently account for only 2.5% of U.S.electricity could contribute up to 10% by 2020, and 20% or [...]

First Solar Is Still a Short (FSLR)

fslr First Solar Is Still a Short (FSLR)

First Solar (FSLR) is still a short after breaking a six week support line today. Last month, I tagged FSLR as a short mainly because massive insider selling combined with a premium valuation is a huge red flag to me. I pared back some of the position today and will look to add on any [...]

Trade Ideas for Wednesday – Trina Solar and Evergreen Solar

TSLhas been selling off the past week, but looks like it finally found abottom in the short-term. Today the stock closed positive for the firsttime in over a week. If TSL can break through Tuesday’s high of $25.68,we should see heavy buying come and it will be a great buy here.Although this trend is encouraging, [...]