Profit from China’s renewed solar appetite (JASO, CSIQ, YGE, TSL)

By Emerging Money>,

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China's Ministry of Commerce is considering including solar products such solar panels and solar water heaters in its home appliance subsidy scheme for rural buyers in hopes to boost domestic consumption of solar companies and the green industry as a whole.Currently farmers are allegeable to receive subsidies equal to 13% of the price of designated types of electrical home appliances in the plan.

The shift in sentiment should benefit the China's solar industry, a sector that has been doing well in recent years driven by various governments' efforts to promote alternative energy.  However, many of China's solar companies have suffered on Wall Street, given slow growth in the industry globally, overcapacity and shrinking foreign demand.

The Ministry of Commerce is considering more policies to stimulate domestic consumption and some "fiscal incentives" could be given to drive the sale of household solar products, MOC spokesman Shen Danyang told a press conference Wednesday.

Our screens found four China solar companies that can trade on U.S. exchanges with at least 500,000 shares a day in average volume.


JA Solar Holdings Co., Ltd. ( JASO , quote ) is engaged in  the manufacturing and sales of solar cells.

Its principal products are monocrystalline and multicrystalline solar cells and it also manufactures a variety of standard and specialty solar modules.

JASO sells its products under the JA Solar brand name and also produces original equipment for OEMs under their brand names.

During the year ended December 31, 2010 (during 2010), JSO had a solar cell manufacturing capacity of 2,100 megawatts per annum. In 2010, the JASO acquired 100% of the interest in Shanghai Jinglong Solar Technology Co., Ltd., and then in December 2011 acquired Silver Age Holdings Limited.


Trina Solar Limited ( TSL , quote ) is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.

TSL produces standard monocrystalline photovoltaic (PV) modules ranging from 165 watts to 185 watts in power output and multicrystalline PV modules ranging from 215 watts to 240 watts in power output.

TSL sells and markets its products worldwide, including a number of European countries, such as Germany, Spain and Italy.

TSL sells products to distributors, wholesalers, power plant developers and operators and PV system integrators, including Proysectos Integrales Solares S.L., Enerl S.r.l., Enerray S.p.A., Phoenix Solar AG and TRE Tozzi Renewable Energy.


Yingli Green Energy Holding Company Limited ( YGE , quote ) is a vertically integrated photovoltaic (PV) product manufacturer. YGE designs, manufactures and sells PV modules, and designs, assembles, sells and installs PV systems.

Its products and services include polysilicon ingots and wafers, PV cells, PV modules and integrated PV systems.

YGE PV system integrators and distributors are located in Germany, the United States, Italy, China, Spain, the Netherlands, Greece, Czech Republic, France, the United Kingdom, South Korea and Japan.


Do not let the name fool you: Canadian Solar Inc. ( CSIQ , quote ) conducts all of its manufacturing operations in China.

CSIQ's products include a range of standard solar modules built to general specifications for use in a range of residential, commercial and industrial solar power generation systems.

Specialty solar modules and products consist of customized modules that customers can incorporate into their own products such as solar-powered bus stop lighting, portable solar home systems and solar-powered car battery chargers.

On November 30, 2010, CSI acquired 50% interest in a joint venture, Nernst New Energy (Suzhou) Co., Ltd.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
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