LDK Solar Co., Ltd (ADR) (LDK), Yingli Green Energy Hold. Co. Ltd. (ADR) (YGE), NRG Energy Inc (NRG) & Why Solar Stocks Were on Fire This Week

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SunEdison, a subsidiary of MEMC Electronic Materials, Inc. (NYSE:WFR) , announced an agreement with Fox Energy, a subsidiary of Foxconn Technology, to manufacture 350 MW of solar modules. This is part of a virtual integration plan where SunEdison will have agreements with outside suppliers to provide product, allowing the company to focus on project installations.

Finally, the world’s largest solar power plant is under construction. The 579 MW Antelope Valley Solar Projects are under way and will be built over the next three years. Berkshire Hathaway Inc. (NYSE:BRK.B) subsidiary MidAmerican Solar owns the project after a $2.5 billion acquisition earlier this year.

The article Why Solar Stocks Were on Fire This Week originally appeared on Fool.com.

Fool contributor Travis Hoium manages an account that owns shares of Berkshire Hathaway. The Motley Fool recommends and owns shares of Berkshire Hathaway.

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