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Cree Inc (CREE) has announced this morning the availability of the new XLamp XP-C color LED’s which are 10 – 50% brighter than its current line of midrange color LED’s. They are designed for .5 – 1 watt operation and compatible with existing optical designs, reducing design costs.
Cree Marketing Director Paul Thieken commented: “Cree continues to expand design options within our industry-leading XLamp XP LED family. … Read the rest
First Solar (FSLR) and Cree Inc (CREE) are two stocks moving in opposite directions, but they have one thing in common – the Chairman of both companies, Michael Ahearn at FSLR and Chuck Swoboda at CREEl, have been dumping stock. According to Street Insider, Ahearn has sold off 43% of his holdings or nearly $150 million just days after the company reported earnings. A move like that doesn’t exactly exude confidence and the stock … Read the rest
Rubicon Technology (RBCN) is getting closer to returning to profitability, reporting a loss of .04/share on revenues of $8.5 million, both of which beat analyst estimates of a .05 loss on revenues of $7.3 million. Sequential revenue continues to improve quickly with 49% growth over last quarter. The company expects to return to profitability next quarter with estimates of an EPS of .03 gain on revenues of $10.5 million. Both estimates are above Wall St … Read the rest
Two LED lighting plays that were on fire last year appear to be in the beginning stages of rolling over after torrid runs and downgrades from Merriman Curhan today didn’t help.
Hat tip to Street Insider for the analyst comments which are nearly identical.
CREE was downgraded from Buy to Neutral “We are concerned that extraordinarily strong MOCVD tool bookings from 2H09 to 1H10 could lead to near term over capacity that could in turn … Read the rest
At a recent rally in New Hampshire, Barack Obama specifically mentioned LED lighting and described a company that could help to slash the cost of LED lighting. I did a little research and discovered the company he was referring to is privately held Arc Energy LLC of Nashua, NH. Its founder, Kedar Gupta is no stranger to cleantech success, having founded GT Solar (SOLR) with just $1000 and cashing out a few years ago.
Here’s … Read the rest
With the explosion in the popularity of anything “green” including stocks, comes the unscrupulous, the frauds and the spammers. Certainly the stock market industry is littered with .. to be perfectly frank.. crap. Part of the goal in creating GreenStocksCentral.com was to not only keep you up to speed with all the latest news in the world of green stocks along with highlighting the best opportunities, but to steer you in the direction of top … Read the rest
I wasn’t able to track all the latest and greatest in the world of green stocks yesterday, so getting this out a bit late. PowerSecure (POWR) surged nearly 10% yesterday with heavy volume off its 200 day moving average after issuing a press release stating the company is off to a rip roaring start here in 2010. They announced a total of $35 million in new business landed in late December, early Jan for smart … Read the rest
Energy Focus (EFOI) has received 3 grants totaling $1.6 million this morning for its LED lighting solutions. The R&D team won two Phase 2 Small Biz Innovation Research awards from the Defense Research Projects Agency and one Phase 1 Small Biz Technology Transfer grant from NASA
EFOI CTO Roger Buelow provided more details on the awards saying, “We’re excited about the two additional awards from DARPA continuing our longstanding relationship. The STTR award is … Read the rest
Cree just announced a new distribution agreement with Arrow Electronics. Under the agreement, Arrow will distribute Cree’s SiC Junction Barrier Schottky (JBS) products, including the 600-V Schottky diodes and the 1200-V Schottky diode line.
In a press release, Bob Pollock, Cree’s senior VP of sales, commented on the news:
“Together, Cree and Arrow intend to accelerate the adoption of silicon carbide power semiconductors to create more efficient switching power supplies , alternative energy converters … Read the rest
I’m happy to say that all the green stocks tracking pages (links above) now display a real time twitter feed of the stocks that I’m tracking in each section! I just put it up today, so undoubtedly there will be bugs and issues to deal with, such as the occasional spam poster. I’ll be exploring other ways to help keep you up to speed on all the latest and greatest in the world of green … Read the rest