SolarStocks list and Renesola updates

I've found in China Analyst Blog, a nice spreadsheet with plenty information on solarstocks trading in the US markets.

China Analyst: Solar

And some news regarding ReneSola (NYSE: SOL):

ReneSola to sell 9 mln ADS at $20.50/ADS in follow-on IPO on NYSE

LONDON (Thomson Financial) - Chinese solar wafer manufacturer ReneSola Ltd. said it is to sell a further 9 million American Depositary Shares, each representing two shares of the company, at $20.50 per ADS as part of its follow-on IPO on the New York Stock Exchange.

The company first announced details of the IPO in January 2008, where it placed a total of 10 million ADSs at $13.00 each.

In a statement Wednesday, it said 8.58 million ADSs in today's offering represent new shares being issued by ReneSola.

Yesterday's close of ReneSola (SOL) chart:

Labels: ReneSola, SOL, solar companies, solarstocks

posted by Ertai at 7:03 AM | 0 comment(s)

Claymore/MAC Global Solar Index (ETF) TAN

Claymore/MAC Global Solar Index (NYSE: TAN)

TAN is the only Solar ETF in the market right now, started trading in April and should be one of the few ways to trade a fund that follows the solarstock industry, that is being tracked in this Blog.

The solar stocks performance has been great in these last weeks and so is TAN, up more than 12% since its inception.


You can check more information about this ETF in Claymore Securities official page:
Claymore/MAC Global Solar Energy Index ETF: Overview

This is not only a solar companies only ETF, but one that has most of its Holdings on solarstocks that I track daily:

Top Fund Holdings as of 5/20/08
Name Weighting
FIRST SOLAR INC 8.25 %
RENEWABLE ENERGY CORP AS 6.89 %
Q-CELLS AG 6.78 %
SUNTECH POWER HOLDINGS ADR 5.41 %
LDK SOLAR CO LTD-ADR 5.32 %
ENERGY CONVERSION DEVICES 5.05 %
SOLARWORLD AG 4.81 %
SOLARFUN POWER HOLDINGS CO 4.76 %
JA SOLAR HOLDINGS CO LTD 4.65 %
CANADIAN SOLAR INC 4.57 %
YINGLI GREEN ENERGY - ADR 4.35 %
SUNPOWER CORP-A 4.31 %
MEMC ELECTRONIC MATERIALS INC 3.82 %
CENTROTHERM PHOTOVOLTAICS 3.74 %
TRINA SOLAR LTD-SPON ADR 3.51 %
SOLARIA ENERGIA Y MEDIO AMBIENTE SA 3.00 %
ERSOL SOLAR ENERGY AG 2.69 %
CHINA SUNERGY CO LTD 2.63 %
EVERGREEN SOLAR INC 2.62 %
SOLON AG FUER SOLARTECHNIK 2.40 %
MEYER BURGER TECHNOLOGY AG 2.38 %
CONERGY AG 2.21 %
ROTH & RAU AG 2.08 %
MANZ AUTOMATION AG 2.03 %
EMCORE CORP 1.74 %

Labels: Claymore, ETF, FSLR, fund, Global Solar Index, LDK, MAC, Q-CELLS AG, solar companies, solar fund, STP, TAN

posted by Ertai at 10:00 AM | 0 comment(s)