DALLAS, Jan. 28, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Chinese solar cell maker Solarfun Power Holdings Co. Ltd. (Nasdaq:SOLF). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/SOLF
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
Solarfun Power Holdings Co. Ltd. (SOLF) engages in the manufacture and sale of silicon ingots, photovoltaic (PV) cells and PV modules. The Company offers monocrystalline and multicrystalline silicon cells and modules, monocrystalline ingots and raw materials. It also provides PV cell and PV module processing services. The Company sells its products directly and through third party distributors to solar power system integrators and distributors. It operates primarily in the People's Republic of China, Germany, Spain and Italy. SOLF conducts its business in China through its operating subsidiary, Linyang China. In February 2008, the Company established Solarfun Power Deutschland GmbH. On August 1, 2008, the Company acquired the remaining 48% equity interest in Yangguang Solar.
Message Board Search for SOLF: http://www.boardcentral.com/boards/SOLF
In the report, the analyst notes:
“Early this month, SOLF announced its wholly owned subsidiary Jiangsu Linyang Solarfun Co. Ltd. has entered into three contracts to supply 12.65 MW PV modules to projects in China. The first contract was with Xuzhou Xie Xin PV Power Co., Ltd. to supply 10 MW PV modules for a project based in Xuzhou City, Jiangsu Province. These modules were delivered during the fourth quarter of 2009 ...’We continue to believe that renewable energy such as solar power will play a significant role in China's efforts to meet the growing needs for electricity, and as a means to address climate change,’ SOLF president Peter Xie was quoted as saying.
“Anticipating demand, SOLF has announced early this month that will its increase its PV module production capacity from 550MW to 700MW by April 2010 and its PV cell production capacity from 360MW to 480MW by July 2010.”
To read the entire report visit: http://www.stockpreacher.com/n/SOLF
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.