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MVA last won the day on April 15

MVA had the most liked content!

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About MVA

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    • Location :
      Miami Beach, FL
    • Interests
      Solar, Mining & Metals

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    1. USD/CNY 6.9131 as of now... steadily moving to $7
    2. This particular Mustang plant was in operation since Q3/2016. Probably recovered some portion of its cost with electricity sells by now. But stock is simply dead! Volume is ridiculous... Nobody sells & nobody buys...
    3. MVA

      JinkoSolar (JKS)

      JinkoSolar Announces Proposed Follow-on Offering of 3,750,000 American Depositary Shares... https://finance.yahoo.com/news/jinkosolar-announces-proposed-offering-3-202900817.html
    4. CNY continue to fall: 6.87/USD as of now. Step by step increasing margin for Canadian solar!
    5. Looks like US tariffs hike on Chinese imports already have positive effect on Canadian Solar's margin: CNY is falling...as of now USD/CNY is 6.8... They don't ship PV panels of chinese origin to USA since 2016 anyway, but for other markets, especially EU, it will help a lot to make more money. Forex traders say CNY/USD may go up to 7+ if Trade deal is not reached until end of this week... I think Chinese government will continue to devalue their currency to offset 25% increase in US tariffs.
    6. MVA

      Solar News

      "...JinkoSolar has secured new solar panel orders totalling 10.7GW in the first four months of 2019, setting a company and industry record" https://www.pv-tech.org/news/jinkosolar-sets-new-solar-panel-order-intake-at-10.7gw-in-first-four-months
    7. Agreed. Entire amount definitely recognized not in Q2. But if at least 60% of it enters 2019, we may see Revenue crossing $4 bn threshold.
    8. MVA

      Solar News

      We will see in Energytrend comments tomorrow if it is typo or not...
    9. MVA

      Solar News

      And yet PV module prices jumped big this week... https://www.energytrend.com/solar-price.html
    10. MVA

      Solar News

      Looks like H2/2019 in China will be explosive: with about 15 GW PV installations per quarter... https://www.pv-tech.org/news/chinas-new-subsidy-programme-could-support-up-to-50gw-says-official
    11. MVA

      Solar News

      A little bit more details here... https://www.pv-tech.org/news/china-plans-to-enter-a-subsidy-free-solar-market-beginning-in-2021
    12. MVA

      Solar News

      China enters 18-month transition to subsidy-free solar https://www.pv-magazine.com/2019/04/11/china-enters-18-month-transition-to-subsidy-free-solar/ If this new policy will have similar effect on components cost in China as May 31 policy, then companies like Canadian solar (with 90% of their sales outside of China) will benefit enormously. Margins will be in the 20-25% range again.
    13. MVA

      Solar News

      Components (prices for poly, wafers & cells) are falling faster than modules again, increasing margin for tier 1 producers who contract their sales (with fixed prices) 3 months in advance: CSIQ, JKS.... https://www.energytrend.com/solar-price.html
    14. MVA

      Solar News

      It was always a strong signal to buy, when he (hoium) issued his "articles"... Proved by time.
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