LDK Solar Co., Ltd (ADR) (LDK), Yingli Green Energy Hold. Co. Ltd. (ADR) (YGE): The Week, Solar

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Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) said its module was third ranked among 90 panels in a year long outdoor test. The panel generated 1,118.7 kilowatt hours of electricity and reached a performance ratio of 93.1%. High quality is important in the industry, and this is one strong data point for Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE).

MEMC Electronic Materials, Inc. (NYSE:WFR) announced an agreement to build a 1.1 MW solar plant in Brazil. This may seem like a small amount, but it’s one of the largest plants in Brazil and gives the company a foothold in this important market.
ReneSola Ltd. (ADR)(NYSE:SOL) announced that it won a 1.8 MW project in Mexico, signed a 44 MW module agreement with Enerparc, and agreed to supply 2 MW of modules to the Uenohara Mega Solar Project in Japan. These are three big wins for ReneSola Ltd. (ADR)(NYSE:SOL).

Power-One said the first solar plant using its inverters in Chile is performing ahead of expectations, according to KRAFTWERK Renewable Power Solutions. Chile is a huge potential market in which Power-One wants to gain market share early in its development. The company also announced an exchange program with Phono Solar. The program will help develop new PV systems using Power-One’s inverters and monitoring systems exclusively.

The article This Week in Solar originally appeared on Fool.com is written by Travis Hoium .

Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of Power-One.

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