SOURCE: The Bedford Report

The Bedford Report

October 27, 2011 08:16 ET

JinkoSolar and Suntech Power Holding to Benefit From More Eurozone Clarity

The Bedford Report Provides Equity Research on JinkoSolar & Suntech Power Holdings

NEW YORK, NY--(Marketwire - Oct 27, 2011) - Solar stocks have been crushed in recent months as worries regarding the Eurozone's debt raised concerns on solar's growth prospects. Solar stocks are finally showing signs of recovery this week as EU debt negotiations are showing some progress towards an agreement. The Bedford Report examines the outlook for companies in the Solar Industry and provides investment research on JinkoSolar Holding Company (NYSE: JKS) and Suntech Power Holdings Co. (NYSE: STP). Access to the full company reports can be found at:

Based on a study looking at five major solar markets -- Germany, Italy, France, Spain and Britain -- the European Photovoltaic Industry Association (EPIA) said that power generated from solar modules in Europe could be competitive in relation to conventional forms of energy by the end of the decade. "Under the right policy and market conditions, PV competitiveness with grid electricity can be achieved in some markets as early as 2013, and then spread across the continent in the different market segments by 2020," EPIA said.

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STP produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in China, Switzerland, and the United States, and gigawatt-scale manufacturing worldwide, Suntech has delivered more than 15,000,000 photovoltaic panels to over a thousand customers in more than 80 countries.

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of solar power products in China and internationally.

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