Solar Photovoltaic

Solar farm owner and developer stocks are publicly traded companies who develop or manufacture equipment that converts sunlight into other types of useful energy.  Includes manufacturers and developers of both solar photovoltaic and solar thermal equipment, as well as their supply chain. This list was last updated on 3/21/2022. See also the list of Solar Manufacturing Stocks, the list of Residential Solar Stocks, and solar and wind inverter stocks. 7C Solarparken AG (HRPK.DE) Abengoa SA (ABG.MC, ABGOY, ABGOF) Acciona, S.A. (ANA.MC, ACXIF) Adani Green Energy (ADANIGREEN.NSE) Algonquin Power and Utilities (AQN, AQN.TO) Atlantica Yield PLC (AY) Azure Power Global Ltd. (AZRE) Bluefield Solar Income Fund (BSIF.L) Boralex (BLX.TO, BRLXF) Brookfield Renewable Energy...

Doug Young  Bottom line: Sputtering progress for China’s solar power build-up could erode domestic panel makers’ performance, prompting some to buy more overseas assets to avoid punitive trade barriers in the west. The latest trouble signs in China’s ambitious solar power build-up are coming in newly released quarterly results from Trina (NYSE: TSL), which has reduced its annual sales targets after scrapping one of its planned new projects in the country. At the same time, China’s industry continues to look for ways to circumvent anti-dumping tariffs in the west by setting up off-shore production and purchasing foreign assets to...

Esplanade Capital Issues Open Letter to the Board of New Energy Exchange Limited Urges the Company to Reregister with the SEC to Maximize Value for Shareholders Esplanade Capital LLC, a significant shareholder of New Energy Exchange Limited (OTC PINK: EBODF), announced today that it has issued an open letter to the Board urging the Company to reregister with the SEC in order to maximize value for shareholders. The full text of the letter follows: April 25, 2017 New Energy Exchange Limited (f.k.a. Renewable Energy Trade Board Corp.) Board of Directors Shun Tak Centre West Tower...

by Joseph McCabe, PE Solar manufacturers are racing to build the next cadmium telluride (CdTe) photovoltaic (PV) factory in the United States. Three major CdTe on glass factories in the US have been recently announced each with a unique starting point. Abound Solar has won a US DOE loan to support a new 640 MW/yr facility in Tipton, Indiana. General Electric (GE) recently announced buying Primestar. They indicate that they will be building the largest PV manufacturing facility in the world. Finally First Solar has announced a 250 MW/yr facility to be built in Mesa City Arizona near...

by Paula Mints Don Quixote by Honore Daumier via Wikimedia Commons For decades the photovoltaic industry has been driven by its beliefs, hopes, the availability of incentives, and what it is willing to ignore in terms of market realities and technological barriers. The apparent achievement of grid parity, even at drastically low margins, was hailed a victory. Continued deployment of multi-megawatt installations in the face of low margins for developers and likely gigawatts of poor quality installations has been regarded as proof of the inevitability of the industry’s success. ...

by Paula Mints In June, Tesla (TSLA) announced it would shut down some of its solar installation stores, end its agreement to sell solar systems through Home Depot and either lay off or reassign affected workers. Tesla indicated that this was part of its overall plan, that is, business as usual. Comment: In 2016, Elon Musk, oops, Tesla adopted, oops, acquired, SolarCity from his cousins, oops, SolarCity shareholders for $2.6-million, oops, $2.6 billion, ramming the deal down skeptical shareholder’s throats, oops, making an economically rational case for the deal. A shareholder lawsuit is working its way through the courts. SolarCity, the pioneer...

by Clean Energy Intel Shares in JinkoSolar Holdings (JKS) fell a full 28% yesterday after the company was forced to idle its manufacturing facility in Haining following three days of protests over allegations that the facility has been polluting the local river. The difficulties relate to one of the company's wholly-owned subsidiaries, Zhejiang Jinko, and the company has now admitted that the local environmental protection authority is investigating the allegations that the company has been discharging hazardous waste into a river: "There have been reports that Zhejiang Jinko Co., Ltd. ("Zhejiang Jinko"), a wholly owned subsidiary...

Tom Konrad CFA Solar Eclipse at Sunrise photo via Bigstock Solar module prices have fallen 50% in the last six months.  This is great news for solar consumers, but has meant deep pain for solar manufacturers.  Just last week, GE Energy (NYSE:GE) laid off workers and  put expansion plans at their Colorado factory on hold for at least 18 months while they try to improve the Cadmium Telluride (CdTe) thin film solar technology they plan to produce there.  That move followed the bankruptcy of another thin film producer...

Doug Young Bottom line: Canadian Solar’s raised revenue guidance hints at rising prices and could signal upside for the company’s profits, while YIngli’s latest signals may show it’s trying to sell itself to a healthier rival. The strongest and weakest players from China’s lively solar panel sector are in the headlines today, with superstar Canadian Solar (Nasdaq: CSIQ) and the struggling YIngli (NYSE: YGE) both releasing their latest quarterly results. But whereas Canadian Solar has just announced its financials for this year’s first quarter, including a raised revenue outlook for 2016, Yingli is just now releasing its...

By Jeff Siegel The road into the digital age has been paved with innovation. Everyday items have been electrified with panels and displays for endless possibilities of interaction. Automobile windscreens, household appliances, even walls and furniture are lighting up all around us, wired with sensors and displays that receive and transmit information. It seems the only surface left to electrify on this road to an everything-digital future is the roadway itself. Some folks believe one day soon, your local road network could be carrying not only the flow of vehicle traffic, but torrential flows of digital data and...

Doug Young A couple of new items from the battered solar sector hint that the situation may be improving for the largest companies, even as smaller players continue to struggle and face the very real danger of collapse. Of course I'd be remiss if I didn't point out that I've predicted a rebound for this embattled sector once or twice before based on optimistic company statements, and in each instance the rebound I was sensing never came. This time the difference could be that many smaller players have now closed or are tottering on the brink of insolvency,...

For investors excited about Cree's (NASD:CREE) Light-Emitting Diode (LED) business, here's one more piece of good news: The EE Times Reports that the Fraunhofer Institute for Solar Energy Systems (Freiburg, Germany) claims it has achieved a record efficiency for its inverter designed for PV generators, using Cree's SiC transistors. I've previously noted that inverters are a good way to participate in the Solar and Wind power markets without needing to invest in the high priced (or foreign) companies which dominate those markets, and even without this news, Cree is a longtime favorite of this blog.  The stock shot up...

Doug Young After a week of unusual quiet on the stormy solar panel front, the sector is splashing back into the headlines with word that struggling LDK Solar (NYSE: LDK) is moving one step closer to a state-led takeover of the debt laden company. Meantime, China is also taking its own broader moves against recent protectionist actions in the West by lodging an official complaint at the World Trade Organization against what it is calling unfair treatment of its companies in Europe. Let's take a look at the LDK news first, as it's the most dramatic and...

Junko Movellan The Skies are Brightening as Manufacturers Resume Spending to Improve Efficiency Almost one decade ago, Japanese PV makers dominated global PV production Sharp (SHCAY), Kyocera (KYO), Sanyo (now part of Panasonic) and Mitsubishi Electric represented about 50 percent of global production in 2005. When German and other European markets expanded quickly, a great number of companies in Europe and Asia, specifically China, jumped into the “potentially” profitable PV industry. They rapidly ramped up their production and brought down costs, leaving Japanese companies behind. When the Japanese government decided to pump life...

Steve Leone   Delays and cancellations photo via Bigstock Now, energy giant General Electric (GE) said it is putting plans for its Aurora, Colo., plant on hold for 18 months in reaction to the continued drop in crystalline silicon solar panels. When the company announced its plans to jump into American thin-film manufacturing nine months ago, it did so in grand fashion. Company officials unveiled a plan for a 400-megawatt (MW) facility that would churn out cadmium telluride (CdTe) panels, the same thin-film technology deployed by...

James Montgomery A pair of analyst reports issued last week came to roughly the same conclusion about the market for solar PV inverters: It's getting crowded and complicated, with top incumbents facing challenges in maintaining near-term growth in an increasingly fragmented market. Those PV inverter stalwarts will need to pursue more restructuring and mergers & acquisitions to stay atop the shifting and broadening customer base, addressing everything from tough-to-crack markets (e.g. China, Japan) and embracing newer technologies such as module-level power conversion, i.e. microinverters, say IMS Research and GTM Research. This consolidation has already started to play...