Are the tides turning for the solar industry? After months of doom and gloom forecasts, downgrades and price target cuts some upgrades and positive notes are beginning to slowly […] Continue Reading…… Read the rest
Google’s (GOOG) Energy Efficiency Strategy
There’s a good piece over at Portfolio.com about Google’s green energy initiatives and collaboration with GE. Google’s goal is to make every home energy efficient so that appliances know […] Continue Reading…… Read the rest
Applied Materials (AMAT) Reports No Profit: "Solar Equipment Manufacturing Down 50% This Year"
Applied Materials (AMAT) is trading down after hours after reporting no profits which was in line with analyst estimates on revenues of 1.33 billion, a touch below estimates. That […] Continue Reading…… Read the rest
Yingli Green Energy (YGE) Posts Flat Earnings, Shares Rise
Yingli Green Energy (YGE) posted flat earnings growth over the year ago quarter with a non GAAP EPS of .15/share in the latest quarter on revenues of 258 million […] Continue Reading…… Read the rest
Zoltek (ZOLT) Misses Badly, Stock Plunges AH; CEO: "Fundamentals Of Wind Energy Sector Strong"
Zoltek Companies (ZOLT), the maker of carbon components for wind turbines reported an awful quarter after the bell with just .02/share in earnings which badly missed analyst estimates of […] Continue Reading…… Read the rest
UQM Technologies (UQM) Powered EcoRide Electric Bus Debuts
The EcoRide BE35 battery electric transit bus, developed by Proterra LLC is making its debut in a showcase tour across four California cities (San Jose, LA, The Sac […] Continue Reading…… Read the rest
Citi Slashes ESLR Price Target, Barclays Initiates Solar Coverage (YGE, LDK, TSL, SOL, CSUN, SOLF)
According to StreetInsider.com, Citi is out maintaining it’s HOLD rating on Evergreen Solar (ESLR) but cut the price target from $6 to $3. Says Citi: “We applaud ESLR’s […] Continue Reading…… Read the rest
Energy Conversion Devices (ENER) Beats, Cuts 09 Revenue Estimate
Energy Conversion Devices (ENER) continues on the path of growth but like the rest of the industry isn’t immune to soft estimates for this year. The company reported a […] Continue Reading…… Read the rest
Evergreen Solar (ESLR) Considers Outsourcing
According to PV-Tech.org, Evergreen Solar is considering outsourcing some of its production to Asian subcontractors to cut costs. This move would allow Evergreen to address its current backlog in […] Continue Reading…… Read the rest
Analysts: Buy American Superconductor (AMSC), Downgrade Evergreen Solar (ESLR)
Analysts are out with a few notes this morning – an initiation of coverage on American Superconductor (AMSC) with a BUY and a downgrade of Evergreen Solar (ESLR) to […] Continue Reading…… Read the rest