Renewable Energy Companies to Keep an Eye On
Trina
Solar Ltd.Trina Solar is one of the major Chinese solar panel
manufacturers that trade in the US. Like the other solar manufacturers,
Trina has had problems of late. The company announced earnings last
week. Trina shipped 415 Megawatts worth of solar panels in the 4th
quarter - a huge number. Revenues were $302.7 million US, a slight
increase over the previous quarter.Trina Solar 2 yr. Chart: Source -
Bigcharts.comBut Trina Solar lost $87.2 million making all these sales.
Margins were negative 23.3%.This is obviously an untenable situation…Read more...http://oilprice.com/Finance/investing-and-trading-reports/Renewable-Energy-Companies-to-Keep-and-Eye-On.html
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