Solar Stocks In news: Yingli Green Energy (NYSE:YGE), Canadian Solar (NASDAQ:CSIQ), SolarCity Corp (NASDAQ:SCTY), First Solar (NASDAQ:FSLR)

Technology Stocks News 17

Yingli Green Energy Holding Company Limited (ADR) (NYSE:YGE) has announced that it has supplied 1 MW of solar panels to Grupo Neoenergia, one of Brazil’s largest energy companies and a pioneer in Brazilian solar project development. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock performance was 0.46% in last session and finished the day at $4.35. Traded volume was 4.75million shares in the last session and the average volume of the stock remained 96.72K shares. The beta of the stock remained 2.57.

Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, today announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc. (NASDAQ:CSIQ), has completed the sale of Little Creek, a 8.5 megawatt (“MW”) AC solar power plant valued at over C$53.0 million to a BluEarth Renewables Inc. subsidiary (“BluEarth”). This is the first of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC. Canadian Solar Inc. (NASDAQ:CSIQ) rose 4.95 percent to $31.99 Friday on volume of 3.75million shares. The intra-day range of the stock was $30.85 to $32.62. Canadian Solar Inc. (NASDAQ:CSIQ) has a market capitalization of $1.72billion.

Pomerantz LLP has filed a class action lawsuit against SolarCity Corporation (NASDAQ:SCTY) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 3:14-cv-01435, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired SolarCity Corporation (NASDAQ:SCTY) securities between March 6, 2013 and November 18, 2014, both dates inclusive (the “Class Period”). SolarCity Corp (NASDAQ:SCTY)’s stock on Mar 28, 2014 reported a increase of 1.05% to the closing price of $61.38. Its fifty two weeks range is $18.00 -$88.35. The total market capitalization recorded $5.62billion. The overall volume in the last trading session was 4.98million shares. In its share capital, SCTY has 91.50million outstanding shares.

If oil prices remain high or rise, alternative energy projects will simply be driven more and more by economics. First Solar Inc. (NASDAQ: FSLR) just announced new record-breaking efficiency, which drives down the cost. On Friday, shares of First Solar, Inc. (NASDAQ:FSLR) dropped -1.59% to close the day at $68.64. Company return on investment (ROI) is 7.30% and its monthly performance is recorded as 20.02%. First Solar, Inc. (NASDAQ:FSLR) quarterly revenue growth is 23.28%.

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