Headwinds for China
NYSE Bloomberg Solar Energy Index: The Hanergy probe, GCL component pricing, and the Yingli going concern serves to fuel the decline.
The NYSE Bloomberg Solar Index gave up ground for the first time in 2015, falling 5% in the month of May. Top-weighted Hanergy was the main driver, plummeting after Hong Kong officials confirmed a formal investigation into the trading activity of the company. Yingli Green Energy also put pressure on the index after announcing “substantial …
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