EnerNOC (ENOC) announced yesterday morning that it landed a contract with SoCo Edison to provide its EfficiencySMART application to SCE customers through the end of 2012. As part of the contract SCE will subsidize some of the equipment for commercial customers allowing them to install the equipment and receive data for a year at a greatly reduced cost. The EfficiencySMART systems provide valuable feedback on energy usage to EnerNOC analysts which allow them to make … Read the rest
All posts by Tate Dwinnell
First Solar (FSLR) CEO Michael Ahearn Dumps $100M In Stock In March, Shares Remain Bullish
While the insider activity isn’t as bullish for First Solar (FSLR) it’s important to remember that big insider buying is much more meaningful for a company than big insider selling because insiders sell for a number of reasons, all of which may not be an indication they are no longer bullish on their company. Insiders buy big for one reason and one reason only.
When looking at insider selling, it’s also important to consider what … Read the rest
Douglas Family Purchases Another $20M Of American Superconductor (AMSC) Stock
The Douglas family has controlled a significant portion of American Superconductor (AMSC) stock for a long time and they aren’t done yet increasing their share of the company. According to InsiderCow.com the family has purchased around another $20 million of AMSC stock over the past week. Late last year and on into January of this year, the family purchased around $40 million in AMSC stock. I can’t say they are necessarily great market timers at … Read the rest
Tibet Gets Another 10MW In Solar Power From Suntech Power (STP)
Suntech Power (STP) has been donating solar power on a small scale to schools, community centers and even a base at the bottom of Mt Everest in Tibet for many years. Yesterday they announced a larger scale 10MW solar project in
Chek Kang village more than 13000 ft above seal level which will provide 20,000MWh of clean energy per year. The solar power will ease pressure on diminishing hydroelectric resources which become less dependable due … Read the rest
Orion Energy Systems (OESX) Launched Hybrid LED/HIF Lighting This Week
Earlier in the week Orion Energy Systems (OESX) launched new hybrid LED/high intensity fluorescent lighting at the ProMat 2011 show in Chicago. The new technology combines the best of LED with the best of HIF providing high levels of illumination at the lowest possible cost in areas where the lights are high above the floor. Adding to the great efficiency is the InteLite Dynamic Control device which automatically adjusts light output based on the duration … Read the rest
Cree Inc (CREE) Sinks To 52 Wk Low After Slashing Revenue Guidance 15%
Shares of Cree Inc (CREE) are touching new 52 week lows this morning after the company lowered Q3 guidance. They now see revenue in the range of $215 – $220 million (down from previous estimate of $245 – $265 million) due to lower demand for both chips and other components. This comes after the company reported disappointing earnings results and guidance in January that was already lower than analyst expectations.
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Sunpower (SPWRA) & KB Home (KBH) Team Up To Provide Residential Solar Systems
KB Home (KBH) announced this morning that it’s going to provide residential solar systems as a standard feature using Sunpower (SPWRA) technology in 10 So Co communities. While KB Home has provided solar systems as an option for several years, it’s the first time it will be included standard for every home. Depending on the response in these 10 communities, the company is prepared to expand the initiative across the country.
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Itron (ITRI) Begins Delivering Smart Water Meters To Malta
Itron (ITRI) announced today that it has begun delivering 120K smart water meters to Malta’s Water Services Corporation (WSC), as part of a large contract that will continue through 2013. So far, 25k of the meters and communication modules have been connected to an IBM Information Management System. Malta is a small island in the Mediterranean that lacks significant natural water resources, so managing it is critical. Malta is the first country in the world … Read the rest
Ascent Solar (ASTI) Announced Key European Partnership With Sunload
Ascent Solar (ASTI) announced yesterday that it is partnering with Sunload Mobile Solutions who will act as an authorized distributor for its flexible, thin film solar modules in Europe. The partnership is expected to open up significant opportunities for ASTI in the off grid battery power and portable power markets within Europe.
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Ascent Solar President and CEO Farhad Moghadam stated, "We are pleased to announce our … Read the rest
First Solar (FSLR) Adding 250MW Capacity In Arizona
First Solar (FSLR) announced late this week that it plans to add 250MW of additional manufacturing capacity with four new manufacturing lines (with capability to expand to 10) in Mesa, AZ, doubling its US capacity to 500MW. The company will spend $300 million and begin construction in a couple weeks to finish in about a year. The 135 acre site being used is an old GM vehicle testing site and will include an extensive ground … Read the rest