From name changes and asset sales to gloomy guidance and power plants on a large scale, I present to you the solar week that was.
On Monday, EverQ kicked its IPO and took a new name. The joint venture of Q-Cells, Renewable Energy Corp, and Evergreen Solar
Also on Monday, ReneSola
Q-Cells caused a commotion on Tuesday, leading shares of everyone from First Solar
Q-Cells also mentioned laying off temporary workers, and it's far from the only company doing some right-sizing. Solar equipment supplier GT Solar confirmed this week that it's let go of about 10% of its New Hampshire-based workforce, all within its manufacturing division. Once again, we have the ever-vigilant local press to thank for bringing this company's activities to our attention.
Also slashing guidance this week was JA Solar
Speaking of blue, I don't want to leave my readers completely bummed out, so here's an indication that some giant solar projects are still moving forward. China's Huaneng Group, parent of Huaneng Power
Suntech Power and Huaneng Power are both Rule Breakers recommendations, and Huaneng Power is also an Income Investor selection. See if you take a shine to any of our Foolish newsletters with a free 30-day trial.
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