SOURCE: Paragon Financial Limited
NEW YORK, NY--(Marketwire - Nov 13, 2012) - Solar stocks have experienced major volatility in 2012 as complaints from several U.S. solar-equipment manufacturers regarding China's "dumping" measures have led to hefty tariffs on Chinese solar products. Europe has also recently begun an investigation into "dumping" measures from China which could eventually lead to tariffs of their own. The Paragon Report examines investing opportunities in the Solar Industry and provides equity research on Canadian Solar Inc. (NASDAQ: CSIQ) and JA Solar Holdings Co., Ltd. (NASDAQ: JASO).
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The U.S. International Trade Commission last week unanimously upheld the duties placed on imports from Chinese solar companies. The duties, ranging from 18.32 percent to 249.96 percent, have caused a split within the U.S. solar industry as some believe higher import prices will lead to higher production costs and unemployment.
China currently produces approximately 65 percent of the world's solar panels, with Europe being their largest export market. The European Commission last week began an investigation to decide if Chinese manufacturers sold solar products below costs in Europe. That "anti-dumping investigation" covers imports with an estimated value of $27 billion.
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Canadian Solar designs, manufactures and delivers solar products and solar system solutions for on-grid and off-grid use to customers worldwide. The company holds operations in North America, Europe, Africa, Australia and Asia. Canadian Solar is scheduled to release their third quarter 2012 results on November 15, 2012.
JA Solar Holdings is a leading manufacturer of high-performance solar power products that convert sunlight into electricity for residential, commercial, and utility-scale power generation. The company recently announced that they have begun mass production of their new 6-inch full-square monocrystalline module series.
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