At the end of 2011, Solar Power Inc (OTC:SOPW) jumped on the massive trade. This year, the stock keeps moving up 
progressively.
Yesterday, SOPW soared another 18.18% on a rather high traded volume and brought new hopes to investors.
To be clear, the up move started on series of positive news, released by Solar Power last week. Yesterday, the announcements continued and the result is just about to be seen.
The news reported a $9 million credit line from Cathay Bank, contract for a new project and a loan approval, which should support Solar for the next two years.
These announcements pumped up SOPW stock price immediately and now it is interesting how far the climb will go.[BANNER]
Solar Power, Inc. engages in designing, manufacturing, integrating, installing and selling photovoltaic panels or modules, and balance of system components for commercial and residential customers primarily in the US. According to its 10-Q report, over the past three years SOPW has sustained losses from operations and has relied on equity financing to provide working capital.
The company’s revenues are minimal, thus they keep relying generally on additional financing and credit lines. The new contracts give SOPW the opportunity to fund its operations through credit lines. However, they don’t guarantee profitability to the company.
