According to The Wall Street Journal, Europe is proposing a tariff of between 48% and 68% for Chinese-made solar panels. Solar giants like Yingli Green Energy (NYSE: YGE), LDK Solar (NYSE: LDK), Trina Solar (NYSE: TSL), and Suntech Power (STP) will be negatively affected by this, which will make it even harder for them to make a profit. The Motley Fool's Lauren Kuczala sat down with Fool.com contributor Travis Hoium to discuss which companies will be hurt and which will benefit.
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Did Europe Just Kill Chinese Solar?
By Travis Hoium
–
May 14, 2013 at 3:08PM
NYSE: STP
Suntech Power Holdings Co. Ltd.
Tariffs on Chinese-made solar panels could put manufacturers in an even worse position.
Lauren Kuczala has no position in any stocks mentioned. Motley Fool contributor Travis Hoium manages an account that owns shares of SunPower. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, Long Jan 2015 $15 Calls on SunPower, and Long Jan 2015 $25 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Suntech Power Holdings Co. Ltd.
STP
First Solar
FSLR
$152.70
(1.00%)
$1.52
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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