New York Stock Exchange-listed Chinese solar panel producer Yingli Green Energy Holding Company Ltd. (ADR) (NYSE:YGE) says that it has signed an agreement with Shanghai Sailing Capital Management to jointly form a renewable energy fund in Shanghai to invest in downstream solar energy projects in China, according to a company announcement. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock performance was 5.24% in last session and finished the day at $4.22. Traded volume was 3.06million shares in the last session and the average volume of the stock remained 5.88million shares. The beta of the stock remained 2.35. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) insider ownership is 1.75%.
First Solar, Inc. (NASDAQ:FSLR) is well positioned to gain from the high growth solar energy industry for the next decade, says a report from Seeking Alpha by Casual Analyst. The report believes that the company has a limited downside considering the strong balance sheet, cash balance and project assets on hand. First Solar, Inc. (NASDAQ:FSLR) rose 1.81 percent to $67.59 Wednesday on volume of 2.72million shares. The intra-day range of the stock was $65.34 to $67.95. First Solar, Inc. (NASDAQ:FSLR) has a market capitalization of $6.77billion.
Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, today announced the completion of the first diesel hybrid PV system in the remote microgrids in northern Ontario, Canada. Canadian Solar Inc. (NASDAQ:CSIQ)’s stock on Apr 16, 2014 reported a increase of 7.15% to the closing price of $26.97. Its fifty two weeks range is $3.64 -$44.50. The total market capitalization recorded $1.46billion. The overall volume in the last trading session was 4.44million shares. In its share capital, CSIQ has 54.23million outstanding shares.
SolarCity Corp. (NASDAQ:SCTY), the largest U.S. solar-power provider by market value, will resume applications to connect energy-storage systems in California after regulators said they’re exempt from utility fees. On Wednesday, shares of SolarCity Corp (NASDAQ:SCTY) advanced 5.02% to close the day at $56.11. Company return on investment (ROI) is -9.90% and its monthly performance is recorded as -27.22%. SolarCity Corp (NASDAQ:SCTY) quarterly revenue growth is -18.09%.