Deutsche Sees Strong Demand Pick-Up, Module Price Rising Deutsche Bank saw a sharp pick-up in demand in China after the energy sector’s regulator, the National Energy Administration or NEA, announced its intent to support the development of distributed systems.
Despite weak macro data, the Chinese solar names have rallied quite a bit this month, thanks to Beijing’s favorable policy support. Month-to-date, ReneSola (SOL) jumped 23.8%, Trina Solar (TSL) advanced 15.5%, Jinko Solar (JKS) rose 12.9%, Yingli Green Energy (YGE) was up 8.6%. Canadian Solar (CSIQ), which has a large exposure to China, jumped 13.7%.