Suntech just announced a new distribution agreement with House Care Co, LTD. Under the terms of the agreement, House Care is authorized to distribute Suntech’s products to the Japanese […] Continue Reading…… Read the rest
Technically, Solar Opposites: First Solar (FSLR) & GT Solar (SOLR)
First Solar (FSLR) and GT Solar (SOLR) are what I’d call solar opposites, technically speaking. One appears headed for a retest of the lows while the other appears ready […] Continue Reading…… Read the rest
Ormat Technologies (ORA) Beats Estimates
Ormat Technologies (ORA) which designs, develops and operates geothermal and recovered energy power plants beat earnings estimates this morning, posting an EPS of .26/share (analysts expected .25) which was […] Continue Reading…… Read the rest
Renewable Energy Portion of Obama Speech to Congress
Here’s the text of Obama’s speech last night related to energy: We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And […] Continue Reading…… Read the rest
China Sunergy (CSUN) Gets 20 – 25MW Contract From US Firm
China Sunergy (CSUN) has announced a new contract with an unnamed US PV firm to produce multi-silicon solar cells. CSUN will buy silicon wafers from the US firm and […] Continue Reading…… Read the rest
Analyst Reactions to First Solar (FSLR) Results; Piper Jaffray: "Buy On Weakness"
Hat tip to Street Insider for the following analyst comments on FSLR following earnings: Citi: 09 guidance cut due primarily to decision to vendor finance a portion of 09 […] Continue Reading…… Read the rest
Hoku Materials, Inc (HOKU) Announces Change In Polysilicon Plant Construction Contract
Hoku Materials, Inc, has just with Stone and Webster, Inc, to redefine the company’s responsibilities in the construction of Hoku’s new polysilicon plant. Under the terms of the change […] Continue Reading…… Read the rest
Toshiba (TOSBF) To Build Nuclear Plants For NRG Energy (NRG) And CPS Energy
Toshiba will construct 2 new 1,400 MW nuclear plants in Texas under an agreement with Texas utility companies NRG Energy and CPS Energy. The two new plants are being […] Continue Reading…… Read the rest
Suntech (STP) Signs Distribution Contract With Eagle Roofing
Suntech just announced that they have signed an exclusive distribution contract for the North American market with Eagle Roofing. Under the agreement, Eagle Roofing will incorporate Suntech’s SolarBlend(tm) roof […] Continue Reading…… Read the rest
First Solar (FSLR) Breaks the Buck Barrier, May Be Price Competitive With Non Renewables Within 3 Years
A major milestone amidst the solar doom and gloom… Despite bleak estimates for the next few quarters, there are reasons to remain very optimistic on FSLR. The company announced […] Continue Reading…… Read the rest