Monday's Renewable Energy Stocks Trading
Point Roberts WA- Aug. 29, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 29th Aug.
U.S. exports of solar products surged 83% last year to $5.63 billion as increasing production in China drove up sales of manufacturing equipment and raw materials, according to the Solar Energy Industries Association.
Energy Conversion Devices, Inc. (NASDAQ: ENER) shares jumped 0.020 (2.65%) to 0.77 after its total consolidated revenues for the quarter were $73.1 million, compared to $21.5 million in the third quarter of fiscal 2011, a 240% increase, and $86.2 million in the fourth quarter of fiscal 2010, a 15%decrease.
Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) shares added 0.27 (5.22%) to $5.44. The company announced that its Board of Directors ("Board") has agreed to implement a Shareholder Rights Plan ("Rights Plan"). The details of the Rights Plan are expected to be finalized by the Board before the end of August 2011 and will be further communicated by the Company upon finalization.
LDK Solar Co., Ltd (ADR) (NYSE: LDK) surged 0.34 (5.82%) to $6.18. after the Company released second quarter results. Net sales declined 34.8% to $499.4 million. Loss from operations was $47.9 million compared to income from operations of $78.6 million in the second quarter of 2010.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) climbed 0.18 (5.00%) to $3.78.
Clean Wind Energy Tower Inc (OTC: CWET) ended the day lower by 10.53% to $0.17.
Alternate Energy Holdings Inc. (PINK: AEHI) gained 0.0100 (14.29%) to $0.0800.
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