First Solar (FSLR), the best of breed thin film solar producer, smashed estimates after the bell today reporting an EPS of $1.61. That was well ahead of estimates of $1.30 and more than double over the year ago quarter. Revenues also more than doubled over the year ago quarter with the company posting 4Q revenues of $433.7. Indeed, a very impressive quarter but wall st doesn’t care about what you did lately, they care about … Read the rest
Tag Archives: fslr
Top 10 Green Energy Stocks: AVAV, FSLR, CREE, TWP, ESE…
I know, I know. .another top 10 list. But this one’s a bit different. It’s called a Top 10 list but I’m only including 5 (how’s that for daring and different eh?) of the top green energy stocks based purely on technicals because I can’t find 10 with great technicals! I’ll include another 5 if this market gets going again.
Drum roll please…
Coming it at the top spot is a stock I’ve been highlighting … Read the rest
Suntech (STP) To Work With First Solar (FSLR) On Masdar City Project
Suntech Power Holdings Co., Ltd is joining First Solar to help construct a solar power plant for the Middle East’s first sustainable city, Masdar City. The city, which is under construction in the United Arab Emirates, will be carbon neutral and generate no waste. The total size of the farm will be 10 MW, with Suntech and First Solar each contributing 5 MW.
Dr. Zhengrong Shi, Suntech’s chairman and CEO, commented on the project:
… Read the rest“Masdar
Analyst Notes Weekly Review: First Solar (FSLR), Suntech Power (STP), LDK Solar (LDK), ESCO (ESE), JA Solar (JASO), Casella Waste (CWST), ReneSola (SOL)
I’m back from vacationing in Troncones, Mexico and looking forward to bringing you the latest in alternative and renewable energy stocks in the coming year! Thanks for all the comments from visitors in the 6 months since this site was launched. . my goal is to continue to push forward and make GreenStocksCentral.com the #1 source for breaking news and tracking of green stocks with an increasing number of analysis coming in 2009.
With that … Read the rest
First Solar (FSLR) Strikes Deal To Supply Energy To Masdar City
First Solar has been chosen to supply Masdar Abu Dhabi Future Energy Co. with solar modules to help power Masdar City. First Solar will supply 5 megawatts worth of solar modules, which will be integrated into the Middle East’s largest grid-connected PV system.
According to Forbes.com:
… Read the restThe system will provide energy for Masdar City, which strives to be the world’s first carbon-neutral, zero waste, car-free city powered entirely by renewable energy sources. Construction has begun,
More On First Solar (FSLR) Grid Parity At El Dorado Energy Solar
In mid December, Alison first posted about the grid parity achieved by First Solar (FSLR) at the El Dorado Energy Solar facility. Since that time, FSLR has rocketed another 20% off the November lows and looks poised to test the next level of resistance around 180 within the next couple weeks. The LA Times is out this morning with more on the analysis from Mark Bachman of Pacific Crest Securities, who in mid December said … Read the rest
Solars Hold Up Well Despite Piper Jaffray Estimate Cuts
According to StreetInsider.com, Piper Jaffray is out cutting estimates on the solar sector due to poor visibility. Piper analyst Jesse Pichel lowered industry estimates for the 1st half of 09 and downgraded their rating of Canadian Solar (CSIQ) to Sell and ReneSola (SOL) to Neutral due to low order visibility for Q1 in Germany and zero visibility in other markets but expects some recovery in late spring, early summer but only if credit markets … Read the rest
A Boost For Solar Stocks: The Weakening Dollar
Many of the downgrades and earnings misses in the solar names over the past several months have come in part due to the strengthening dollar as much of the sales for these companies are denominated in Euros. Barron’s is reporting that Barclay’s Capital analyst Vishal Shah says First Solar (FSLR), SunPower (SPWRA/SPWRB) and the Chinese solar companies stand to benefit the most. A continued weakening of the dollar along with an Obama presidency certainly could … Read the rest
MEMC Electronics Slashes Q4 Revenue Outlook Again By 20%
It was a very good day for solar stocks, particularly for First Solar (FSLR) which surged above its 50 day moving average for the first time in 4 months and continues to look like it put in a bottom down there around 100. I said on October 31st, that if you can get it anywhere close to 100, it’s one heck of a buy.. now I think if you can get it close to … Read the rest
First Solar (FSLR) Achieves Grid Parity With Conventional Power, Analyst Reports
As Greentech Media reported yesterday, at least one analyst has concluded that First Solar has achieved the nirvana of green power: grid parity, or being able to produce electricity that’s as cheap as or cheaper than conventionally produced power. According to Mark Bachman, an equity analyst at Pacific Crest,First Solar’s 12.6 MW system for Sempra Generation is producing power at a cost of .075/kilowatt hour, compared to conventional power’s cost of $.09/kilowatt hour.
Greentech … Read the rest