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Alternative Energy

Suntech Power CEO Says G20 To Promote Green Growth

The Associated Press is today reporting comments from Shi Zhengrong, CEO of solar panel maker Suntech Power (STP), suggesting that the G-20 advisory panel which he chairs will recommend that leaders of “traditional economies” boost solar, wind and other alternative energy sources, even in dire financial times. AP further states:  ‘He said the group of the largest [...]

Canadian Solar – Mixed Earnings, Too Much Exposure To Europe

Canadian Solar (CSIQ) became the latest solar company to release its results for the difficult June quarter and the picture is becoming increasingly clear – it was a terrible quarter, margins have been crushed but for solar as a whole it’s largely all priced in now. The stock itself had a bad day, down 5.7% [...]