NEW YORK, June 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Microchip Technology Inc. (NASDAQ: MCHP), GT Advanced Technologies Inc. (NASDAQ: GTAT), SunPower Corporation (NASDAQ: SPWR), Trina Solar Limited (NYSE: TSL) and Yingli Green Energy Holding Company Ltd. (NYSE: YGE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4032-100free.
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Microchip Technology Inc. Analyst Notes
On June 10, 2014, Microchip Technology Inc. (Microchip Technology) announced the retirement of David S. Lambert, Vice President of Fab Operations, effective June 6, 2014. The Company informed that Mr. Lambert has been with Microchip since 1988. Commenting on this, Steve Sanghi, Microchip President and CEO, said, "We're grateful for Dave's many contributions to Microchip in his 25 year tenure and we wish him the best in this next stage of his life." Mr. Sanghi concluded, "Michael A. Finley will serve as Vice President of Fab Operations after Dave's retirement." The full analyst notes on Microchip Technology are available to download free of charge at:
http://www.analystsreview.com/Jun-24-2014/MCHP/report.pdf
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GT Advanced Technologies Inc. Analyst Notes
On June 12, 2014, GT Advanced Technologies Inc. (GT) announced that it has secured a project win for its proprietary, next-generation HiCz continuous feeding puller technology that is expected to help enable the solar industry's transition to higher efficiency yet lower cost solar material. GT informed that it has entered into an agreement with Qatar Solar Energy (QSE) to deliver its HiCz 200 furnaces for QSE's integrated PV manufacturing project in Doha, Qatar. QSE in a press release stated that it has opened a 300 MW integrated facility and plans for the project to reach 2.5 GW. Dave Keck, Executive Vice President of GT's Solar Business, said, "The GT HiCz 200 furnace is expected to produce high quality n-type wafers for solar cells with efficiencies that exceed 22%." The full analyst notes on GT are available to download free of charge at:
http://www.analystsreview.com/Jun-24-2014/GTAT/report.pdf
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SunPower Corporation Analyst Notes
On June 16, 2014, SunPower Corporation (SunPower) announced a strategic partnership with Admirals Bank, to provide $200 million loan program for SunPower residential solar projects over the next two years. The partnership supports the Company's loan program in the US, expanding the financing options available to homeowners interested in owning high-efficiency SunPower solar power systems. Through the program, which is available in all 50 states and Washington, D.C , borrowers may apply for a loan up to $60,000 to install a SunPower system. Further, such loans may allow homeowners to take advantage of the 30% federal tax credit now available for installing solar power systems, as well as additional incentives offered by many states and municipalities. Commenting on the partnership, Chuck Boynton, SunPower CFO, said, "Admiral Bank's funding and affordable rates are enabling SunPower to expand its residential loan program to allow more U.S. homeowners to own the most efficient and reliable solar technology available. They may also benefit from increased home value as a result of the solar system on the roof." The full analyst notes on SunPower are available to download free of charge at:
http://www.analystsreview.com/Jun-24-2014/SPWR/report.pdf
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Trina Solar Limited Analyst Notes
On June 19, 2014, Trina Solar Limited (Trina Solar) announced that it will supply 60MW of PV modules to Xinyi Solar Holdings Limited (Xinyi Solar) for its utility scale and agricultural greenhouse projects in Anhui, China. Xinyi Solar will utilize Trina Solar's 5 MW of TSM-PCO5A modules, 30 MW of TSM-PC14 modules, and 25 MW of the Company's state-of-the-art dual glass TSM PDG5 modules. According to the Company, the PDG5 dual glass solar panel modules provides appropriate transmittance of sun light which improves the maintenance of greenhouse temperatures and its high performance in harsh environments offer resistance to pesticide sprays used in the greenhouse. Commenting on this, Zhiguo Zhou, Module Business Unit President of Trina Solar said, "Following the launch of our PDG5 module in early 2013, Trina Solar has received significant interest from both existing and prospective customers due to its superior value proposition and numerous unique features." The full analyst notes on Trina Solar are available to download free of charge at:
http://www.analystsreview.com/Jun-24-2014/TSL/report.pdf
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Yingli Green Energy Holding Company Ltd. Analyst Notes
On June 17, 2014, Yingli Green Energy Holding Company Ltd. (Yingli Green Energy) reported its Q1 2014 financial results. Total net revenues for the quarter increased 0.3% YoY, but declined 27.6% QoQ to RMB $2.7 billion ($432.2 million). Total PV module shipments were 630.8 MW in the quarter, a decrease of 32.9% QoQ primarily due to a soft demand in China market as the result of a traditional seasonality and a slightly delayed PV module shipment schedule for projects in Algeria. Also, net loss attributable to the Company came in at RMB341.8 million ($55.0 million), or diluted loss per ordinary share and per ADS of RMB2.18 per share ($0.35) during the quarter, compared with net loss RMB611.8 million or diluted loss of RMB3.91 per share and per ADS in Q1 2013. The full analyst notes on Yingli Green Energy are available to download free of charge at:
http://www.analystsreview.com/Jun-24-2014/YGE/report.pdf
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