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Going Solar

CNET News.com: China Sunergy Goes Public as Solar Panels Get Cheaper. China Sunergy, a solar cell manufacturer out of Nanjing, sold 8.5 million depositary shares (the vehicle foreign companies use to list their stocks in U.S. exchanges) on Nasdaq this week. The stock went out at $11, shot up to about $16, and is now resting between $14 and $15.

That was a month ago. Now, the stock made a round-trip and is back at $11.11. I’ve added China Sunergy contracts to the website. Seems like a lot of Chinese solar companies have been listed lately.