Solar power company SunEdison is planning to list its solar assets globally, including the ones in India, in overseas exchanges. Once the assets are listed, SunEdison will be the first company to list solar assets from India in any exchange.
SunEdison plans to publicly list asset vehicles and has filed S1 to the United States Securities and Exchange Commission (SEC), relating to the proposed initial public offering of the common stock of a yieldco vehicle.
Canadian Solar Inc. “is a best-in-class” solar stock, able to adapt to changing market conditions faster than its Chinese rivals, and shares are poised for a surge this year, analysts at J.P. Morgan said in a note to clients Monday.
“We look for (earnings per share) to grow fourfold in 2014 to $4.31 on 87% revenue growth, and by at least 10% in 2015 to $5,” the analysts said. “We believe the P/E multiple does not capture this likely outcome.”
Wow big news. Japan is a hard nut to crack for foreigners.
10:12 a.m. CST, February 14, 2014
WASHINGTON (Reuters) - Imported solar energy products from China and Taiwan could injure the local solar industry, U.S. trade officials found on Friday, potentially opening the door to widening duties on the products.
The decision by the U.S. International Trade Commission means the Commerce Department will now continue with its investigation into whether the products are being sold in the United States below their fair value, or if their manufacturers receive inappropriate levels of subsidies, and suggest duties.
The commissioners voted that there was a reasonable indication of injury, following a complaint brought by the U.S. arm of German solar manufacturer SolarWorld AG .