NEW YORK, NY--(Marketwire - Feb 15, 2013) - After struggling through most of 2012, the solar industry has started 2013 on an impressive run. Both the Market Vectors Solar Energy ETF (KWT) and the Guggenheim Solar ETF (TAN) have gained nearly 20 percent year-to-date. Research Driven Investing examines investing opportunities in the Solar Industry and provides equity research on LDK Solar Co., Ltd. (
Solar companies received a boost last week after analysts from Citigroup's global solar sector research team initiated coverage on several companies in the industry. First Solar, Inc. and SunPower Corp. were the biggest gainers after receiving an initial "buy" rating from Citi, while Trina Solar Ltd. and Yingli Green Energy Holding Co. Ltd. benefited from a "neutral" rating.
"The upstream segment of the solar value chain is going through a permanent structural shift - mainly the commoditization of the panel manufacturing business," wrote Citigroup analyst Shahriar Pourreza.
Research Driven Investing releases regular market updates on the Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.RDInvesting.com and get exclusive access to our numerous stock reports and industry newsletters.
LDK Solar is a leading vertically integrated manufacturer of photovoltaic (PV) products. The company manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. The company reported its net loss shrunk to $136.9 million in the third quarter, compared to a net loss of $254.3 million in the previous quarter. Shares of LDK Solar have gained over 35 percent year-to-date.
JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon wafers, solar cells and solar modules as of September30, 2012. The company is scheduled to release results for the fourth quarter of 2013 on Tuesday, March 5th. Shares of JinkoSolar have gained over 55 percent year-to-date.
Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: