Chinese solar stocks like Yingli Green Energy
This broad move could very well be driven by news coming out of the big conference under way in Munich. For example, First Solar
It's interesting that this optimism is outweighing the outlook on polysilicon availability. Remember Suntech Power
The news out of Trina Solar
In an early 2007 agreement with China Sunergy, Jiangsu agreed to sell the cell maker at least 30% of its total output for 2007 (200 tons), 2008 (700 tons), 2009 (1,200 tons), and beyond. Then in June, Jiangsu cut a deal with a subsidiary of Solarfun Power
In 2007, Jiangsu delivered about half of what it promised to Solarfun. That firm has lowered its expectations for future deliveries, and I've seen some Goldman Sachs numbers that put Jiangsu's production capacity about a year behind schedule. Eventually, Jiangsu may become a great player in polysilicon, but it has yet to prove itself a dependable partner. Trina investors ought not to get too worked up over this deal.