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The Future of Solar Power: (NASDAQ:CSIQ), (NYSE:TSL)


New York, NY -- (ReleaseWire) -- 01/09/2013 --Canadian Solar Inc. (NASDAQ:CSIQ), a company engaged in the design, development, manufacture and sale of solar power products in Canada and internationally, is seeing a huge rally in mid-day trading today after the company announced that its submission of the 148 MW solar park PV project in southern Brandenburg, Germany was named the 2012 winter Solar Project of the Year Award by POWER-GEN International.

CSIQ is currently trading 15.14% higher at $4.26 on volume of 1.15 million, which is well above the daily average volume of 490,696. The stock, in fact, has had an excellent run over the past few weeks. In the last five trading sessions alone, CSIQ has gained more than 30%. Technical indicators for the stock are pointing to further gains.

Find out for how long could CSIQ maintain its bullish momentum by getting the free full report here:

Another solar stock that has risen sharply today is Trina Solar Limited (ADR) (NYSE:TSL), a China-based integrated solar-power products manufacturer. TSL is soaring in trading today after China set a big target for solar installations. Liu Tienan, deputy director of China’s National Development and Reform Commission, said that in 2012, China installed 7 GW of solar and in 2013, the country expects to another 10 GW.

TSL is currently trading 12.69% higher at $5.86 on volume of 6.46 million, which is well above the daily average volume of 3.35 million. TSL, like other solar stocks, has had an excellent run lately. In the last five trading sessions, the stock has gained nearly 39%.

Find out more on TSL by getting the free full report here:

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