Orlando, FL -- (SBWIRE) -- 10/28/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On ReneSola Ltd. (ADR)(NYSE:SOL), Trina Solar Limited (ADR) (NYSE:TSL).
ReneSola Ltd. (ADR)(NYSE:SOL) shares dropped 7.60% to $4.50. The company on Oct. 16 announced that it has successfully renewed its PowerGuard warranty insurance policy through August 2014. The policy began in 2012 and provides immediate coverage for all ReneSola solar panels that covers product quality and performance and includes upgraded policy features and a deductible that is half of what the original policy offered.
"Being able to offer third party insurance coverage to supplement our manufacturer's warranty provides tremendous peace of mind to our customers," said Henry Wang, chief financial officer of ReneSola.
Are investors worried about the recent updates with SOL? Find out with a free trend analysis HERE
Trina Solar Limited (ADR) (NYSE:TSL) shares declined 6.83% to $16.10. Trina Solar Limited and Argand Energy announced on Oct. 17 the completion of a 453 kW solar PV system on the rooftop of Exhibit Resources in Raleigh. This project, commissioned in July, is one of the few third-party owned commercial rooftop projects completed in North Carolina without the SunSense incentive. Argand Energy led the development and financing efforts for this project overcoming two significant obstacles. The first was securing an investor to take advantage of the 35% state tax credit offered by North Carolina.
Is TSL going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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