Plans were announced by Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) of leaving a sustainable legacy in Brazil which included becoming the first ever carbon neutral sponsors of the 2014 FIFA World Cup, supplying 400-600 KW to the solar power project which is expected to be one of the biggest solar energy systems in the country. On the last trading session stocks of Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) closed at a value of $3.41. Company’s Stock institutional ownership valued 19.70% and the insider ownership contained 1.75%. YGE in share capital has outstanding shares of 181.94 million out of which share price of 103.56 has been floated.
The US electric car manufacturer, Tesla Motors Inc (NASDAQ:TSLA) is being sued by Chinese businessman on copyright issues over name, thus putting a damper over CEO Elon Musk’s plans of expanding business in that country. Stocks of Tesla Motors Inc (NASDAQ:TSLA) began the trade day at $227.66 and during the session rose to value of $229.78, ending finally at $222.66. Weekly performance stood at -6.68%.
The two solar companies, SolarCity Corp. (NASDAQ:SCTY) and Sunrun Inc., sued the Arizona Department of Revenue on 3rd Jul 2014 after their interpretation that solar panels are not exempted from taxes. The companies filed a complaint asserting this claim to be illegal. Shares of SolarCity Corp (NASDAQ:SCTY), the biggest solar installer in Arizona, closed at $68.40 decreasing by -4.12%. The share price over 52 weeks remained between $28.31 and $88.35. Company’s overall market capitalization arrived at $6.30 billion. On last trade day the total volume was recorded at 3,410,645 shares, while outstanding shares in share capital of the company are 92.10 million.
Trina Solar Limited (ADR) (NYSE:TSL) declared the appointment of Jifan Gao as the president of its newly built China Photovoltaic Industry Association (“CPIA”) for the next five years on 27 June 2014. Mr. Gao previously served as CEO and chairman of the company. This announcement was made during the member congress and founding ceremony held on the same day in Beijing. Stocks of Trina Solar Limited (ADR) (NYSE:TSL) traded with a total share volume of 4,267,668 in comparison to 4,926,310 of average share volume. Shares opened at $12.41 and during the session’s trading rose to a maximum of $12.59 and slipped 5.44%; the stock ended at a value of $11.83.
Chinese solar makers LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) , have agreed to provide 64 megawatts of solar panels to Thailand based developers, Energy Absolute PCL (EA) .This is a result of their missing a bond payment previous year. On last trade session, LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) stocks started at $0.60, reached a peak $0.62 to close at $0.60. The stock price for the day floated between $0.60 and $0.62. The company’s overall market capitalization was recorded to be at a price of $116.88 million; while it traded with above-average volume of 298,079 shares. The company’s average volume stands at 326,105 shares.
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