Today, March 26, 2009, the Solar Stocks are exploding higher following a media report that the Chinese government is open to supporting the local development of solar energy in China.
Asian technology newspaper DigiTimes said in an article Thursday that China hasn't yet designed a program or set a schedule for solar energy subsidies as costs of solar power generation are still too high. DigiTimes attributed the comments made at a Taiwan-China photovoltaic industry convention to officials from the Chinese Department of Renewable Energy.
The following Chinese Solar Stocks in are seeing the most upside:
Suntech Power Holdings (STP) - $11.39 Up 45.10%
Trina Solar Ltd. (TSL) - $12.36 Up 42.73%
Yingli Green Energy (YGE) - $5.84 Up 40.72%
LDK Solar (LDK) - $8.30 Up 40.00%
JA Solar Holdings (JASO) - $3.54 Up 33.08%
China Sunergy (CSUN) - $3.32 Up 33.01%
Other Solar Stocks:
First Solar ( FSLR )
Energy Conversion Devices ( ENER )
Canadian Solar ( CSIQ )
Solarfun ( SOLF )
Claymore/MAC Global Solar Energy ( TAN )
Akeena Solar ( AKNS )
ReneSola ( SOL )
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