MEMC Electronics beat analyst estimates after the bell today reporting an EPS of .03 (estimates called for break even) on revenues of $283 million (estimates called for $231 million), […] Continue Reading…… Read the rest
Canaccord Adams Upgraded CREE From Sell To Hold Due To Improving Margins
I missed this earlier this morning which certainly helped push the stock significantly higher for the 2nd day in a row. Canaccord Adams upgraded Cree Inc (CREE) from Sell […] Continue Reading…… Read the rest
SunPower (SPWRA) Smashes Estimates, Up 20% AH
SunPower (SPWRA) has long lagged its solar competitors in stock performance this year and remains submerged below the 50 and 200 day moving averages. Tomorrow, the tide may turn. […] Continue Reading…… Read the rest
Raser (RZ) Restructures Existing Line of Credit
Raser Technologies just announced that it has restructured its existing $15 million credit line. It paid off some of the balance and got an extended repayment date for the […] Continue Reading…… Read the rest
Uranerz (URZ) Signs Uranium Supply Contract With Exelon (EXC)
Uranerz just announced that it has signed a uranium supply contract with Exelon Generation Company, LLC. The contract covers a 5-year period includes defined pricing each year. In the […] Continue Reading…… Read the rest
BorgWarner (BWA) Creates Optimized TurboCharger For Fiat Engine
BorgWarner just announced that it has produced an optimized turbocharger for the new high-torque, 1.8-liter direct-injection gasoline engine from Fiat. BorgWarner’s turbocharger design increases the fuel economy of the […] Continue Reading…… Read the rest
First Solar (FSLR) Makes Big Push Into French Market With EDF Partnership
First Solar (FSLR) is entering the French market with a splash, announcing this morning a partnership with French utility EDF Energies Nouvelles to build France’s largest solar panel manufacturing […] Continue Reading…… Read the rest
Speculative Algae Biofuel Play: OriginOil (OTC:OOIL)
The Exxon algae biofuel news of last week certainly created a nice headline for the industry, generating awareness and interest in a green energy solution that is far away […] Continue Reading…… Read the rest
Energy Conversion Devices (ENER) To Buy Solar Integrated Technologies
Energy Conversion Devices just announced the purchase of Solar Integrated Technologies. Energy Conversion Devices paid $16.3 million to buy the PV roofing system manufacturer and installer and assume the […] Continue Reading…… Read the rest
Takeover Battle Is Over, Exelon (EXC) Withdraws NRG Energy (NRG) Bid
The nine month takeover drama between NRG Energy and Exelon Corporation is over. NRG shareholders voted to reject the bid yesterday by refusing to elect Exelon’s nominees for NRG’s […] Continue Reading…… Read the rest