NEW YORK, NY / ACCESSWIRE / October 5, 2017 / First Solar's shares were barely changed on Wednesday, but it's been an interesting week for the solar panel industry as U.S solar panel manufacturers took to the federal trade officials and asked them to impose tariffs on cheap foreign solar panels. Shares of Real Goods Solar had an incredible trading day, closing the day up almost 200% after announcing that the company has struck a deal with DowDuPont to handle all of the commercial activities regarding Dow's Powerhouse 3.0 solar shingles.

RDI Initiates Coverage on:

First Solar, Inc.
https://rdinvesting.com/news/?ticker=FSLR

Real Goods Solar, Inc.
https://rdinvesting.com/news/?ticker=RGSE

First Solar, Inc.'s shares closed up a modest 0.89% yesterday on about 1.4 million shares traded. While there was no significant news from the company, it was earlier in the week that U.S. solar manufacturers asked federal trade officials to impose tariffs on cheap solar panels from other countries. The U.S. International Trade Commission is expected to deliver a report by the 13th of next month to President Trump who will then decide what to do. If tariffs are imposed, the price of solar power in the United States could increase. CEO of SunPower Corp. Tom Werner had testified that the concerns about tariffs resulted in his power losing a "multi-hundred million dollar opportunity" to First Solar because the company couldn't offer price certainty while First Solar could. First Solar uses a technology that is not included in the trade case.

Access RDI's First Solar, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FSLR

Real Goods Solar, Inc.'s shares closed up 189.02% on Wednesday with incredible trading volume compared to usual. The stock traded a little over 53 million shares compared to an average of just about 140,000 shares. So what had shares exploding yesterday? The company has struck a deal with DowDuPont Inc. As part of the deal, Real Goods Solar will be taking care of all of the commercial activities concerning Dow's Powerhouse 3.0 solar shingles. The Powerhouse 3.0 solar shingle is designed to cost less than previous solar panels from the company and is more efficient. Real Goods Solar will be handling "supply chain management, marketing, sales, installation, and warranty." The shingles still need to receive UL product certification before the companies can start selling them.

Access RDI's Real Goods Solar, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=RGSE

Our Actionable Research on First Solar, Inc. (NASDAQ: FSLR) and Real Goods Solar, Inc. (NASDAQ: RGSE) can be downloaded free of charge at Research Driven Investing.

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