Suntech Power Holdings Co Ltd (NYSE: STP) shares spiked by 7.49% to $13.78 in the early afternoon trade today. STP aims to develop roughly 20% of the 91 megawatts of solar projects under China's solar rooftop program launched in March. The program was launched to raise the efficiency of buildings through photovoltaic (PV) solar systems.
Canadian Solar Inc (NASDAQ: CSIQ) shares appreciated by 6.88% to $17.87 in the early afternoon trade today. CSIQ had raised its revenue guidance for Q3.
JA Solar Holdings Co Ltd (NASDAQ: JASO) shares have risen by 6.70% to $4.14 so far trade. JASO had reported surprisingly better-then-expected Q3 results and also raised its revenue guidance for Q4.
First Solar Inc (NASDAQ: FSLR) shares rose by 3.29% to $119.17. Despite FSLR announcing healthy Q3 numbers and raising guidance for Q4, the company’s shares fell off on October 28. Since November 13, FSLR shares seem to be making up for the that fall.
Share price of Ascent Solar Tech Inc (NASDAQ: ASTI) rose by 2.53% to $4.77 in the early afternoon trade. Ever since SmarTrend has given a downtrend alert on October 16, 2009 at $5.83, ASTI shares had declined by 20.1% until November 11. ASTI’s share price is now trading below its 50-day moving average of $6.14.
