SolarFun Power Holdings

Solarfun Power Holdings Co., Ltd. (ADR) (Public, NASDAQ:SOLF) is gapping up today, around 5%, with the following news:

Solarfun Power Holdings Co., Ltd. ("Solarfun" or "the Company"), a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary of Solarfun, has signed a letter of intent with the government of Hohhot City, the capital city of the Inner Mongolia Autonomous Region in China, to develop two solar projects with an aggregate capacity of 600MW. In support of these two projects, Solarfun also intends to construct a 100MW PV module production facility.

Source

Actually most of the solar stocks traded in the US are gapping right now, so it should be an interesting opening today.
Keeping my eyes on the usual stocks: STP, FSLR, CSIQ, SPWRA

Labels: CSIQ, FSLR, Solar News, Solar Stocks, Solarfun, SOLF, SPWRA, STP

posted by Ertai at 9:21 AM