Energy Business Review: Suntech & Other Solar Stocks Get BOOST, Duke’s New PR PROBLEM
Solar stocks such as Suntech Power Holdings Co., Ltd. (NYSE:STP), ReneSola Ltd. (NYSE:SOL), Yingli Green Energy Holding Company Limited (NYSE:YGE), and JA Solar Holdings Co., Ltd. (NASDAQ:JASO) will likely benefit from China’s National Energy Administration boosting its 2015 target for solar power capacity by 40 percent to 21 gigawatts, as reduced costs and regulations aided growth in the sector.
It might be more clear now why Bill Johnson unexpectedly resigned upon becoming Chief Executive at Duke Energy Corporation (NYSE:DUK). Emails that have just been released between the current Duke Chief Executive Jim Rogers and the board indicate that two female executives left DUK after talks with Johnson had them believe that “they could not succeed in the new company.”
Investing Insights: Gold and Silver Flat, Silver Wheaton SURGES 5%.
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