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Solar Stocks Surge on China Panel Demand


10 Feb. 2012 by

BLOOMBERG - Solar stocks yesterday gained the most in a month on speculation that demand for panels will increase in China.


The Bloomberg Global Leaders Solar Index (BLGS) of 37 companies jumped 4.6 percent to $54.82 at the close in New York, the most since Jan. 11, helped by gains at Chinese manufacturers.
Yingli Green Energy Holding Co. (YGE) rose 20 percent, Trina Solar Ltd. (TSL) increased 19 percent and LDK Solar Co. (LDK) advanced 13 percent.

 

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