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Growing Demand, New Projects, and Successful Tests Increase Customer Base - Research Report on First Solar, SolarCity, SunPower, Trina Solar, and Canadian Solar

NEW YORK, June 14, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting First Solar, Inc. (NASDAQ: FSLR), SolarCity Corp. (NASDAQ: SCTY), SunPower Corporation (NASDAQ: SPWR), Trina Solar Limited (NYSE: TSL), and Canadian Solar Inc. (NASDAQ: CSIQ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

First Solar, Inc. Research Report

On June 5, 2013, First Solar, Inc. (First Solar) and New Mexico State Land Commissioner Ray Powell jointly announced that the Company has been granted a power purchase agreement (PPA) from the New Mexico Regulatory Commission, clearing the way for First Solar to begin constructing the state's largest solar power plant, which will be located on State Trust Land in Luna County. The PPA will provide El Paso Electric Power (El Paso Electric) with 50MW of solar energy for 20 years. El Paso Electric will purchase the entire output from the proposed Macho Springs solar power project through this PPA. The Company stated that the solar power plant will generate enough clean energy to power more than 18,000 average New Mexico homes, which use about 669 kilowatt hours of electricity per month. Construction is expected to begin in July 2013, after the Company obtains construction permits. The Full Research Report on First Solar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f198_FSLR]

SolarCity Corp. Research Report

On June 5, 2013, SolarCity announced the launch of a Zero-Down solar financing program for the home building industry. Under this program, home builders get the opportunity to provide solar energy in their new residential communities without incurring any upfront costs. New homebuyers can save up to 20% on their energy costs from the very first day they move in, by using clean, renewable solar electricity to power their homes. The Zero-Down financing program will initially be available to home builders in Arizona, California, Colorado, Maryland, New Jersey, and Oregon. The Company plans to expand the offer to additional territories in the coming months. The Full Research Report on SolarCity Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9fed_SCTY]

SunPower Corporation Research Report

On June 5, 2013, SunPower Corporation (SunPower) announced that it is installing its 10,000th high efficiency solar power system on a new production home. To celebrate this milestone, the Company will provide an upgraded solar power system on the 10,000th home that is expected to generate all of its electricity needs. SunPower stated that it is the market leader in providing solar energy solutions to major production homebuilders such as KB Home, a company that built the most number of solar-powered production homes in California in 2012, Richmond American Homes, Lennar, and Pulte. SunPower estimates that strong growth in the sector will continue, with more than 20% of new production homes being powered by solar energy in 2013. The Full Research Report on SunPower Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a9a9_SPWR]

Trina Solar Limited Research Report

On June 5, 2013, Trina Solar Limited (Trina Solar) released a statement regarding the provisional anti-dumping (AD) duties issued to the Company by the European commission on June 4, 2013. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, said, "Trina Solar remains committed to continuing to serve our customers and business partners in Europe, with whom we have built strong relationships, during this period of regulatory instability. We will continue to work together to deliver industry leading solutions."  Mr. Gao concluded, "We will continue to cooperate with the European Commission's investigation, and use evidence to defend our position that these duties are unwarranted and serve as an impediment to the broader adoption of solar energy as a sustainable energy source. We urge all parties involved to seek a mutually beneficial solution through consultation and negotiation. As a forward-thinking global company, we will continue to deploy options to most effectively serve all of our solar markets." Ben Hill, President of Trina Solar Europe, added, "Trina Solar is disappointed with the European Commission's preliminary conclusion, as we disagree that we have dumped imports into the European market. The decision will negatively affect the European solar industry and is against the interests of the global solar market." The European Commission will decide by December 5, 2013, if definitive AD duties will be imposed for five years. The Full Research Report on Trina Solar Limited (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3998_TSL]

Canadian Solar Inc. Research Report

On June 6, 2013, Canadian Solar Inc. (Canadian Solar) announced that its solar modules CS6P-P series (60 cells, polycrystalline) and its monocrystalline MWT cell modules, ELPS CS6P-MM series (60 MWT cells, monocrystalline) have passed the Fraunhofer ISE's Potential Induced Degradation (PID) test in accordance with the draft IEC62804 (System Voltage Durability Qualification Test for Crystalline Silicon Modules). Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, said, "Despite the highly rigid standards, Canadian Solar modules have been confirmed once again to be PID resistant." The Full Research Report on Canadian Solar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/37b1_CSIQ]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
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SOURCE Wall Street Reports

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