Westinghouse Solar (WEST), formerly Akeena Solar, is soaring around 40% this morning on news that Lennar (LEN), one of the nation’s largest homebuilders, has named the company as a supplier of solar systems for new home buyers. The multi-year agreement will have WEST supplying its solar AC systems for new homes in select communities in Texas as part of Lennar’s “Everything Included” program. No word on the financials of the deal.
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Westinghouse Solar (WEST), formerly Akeena Solar (AKNS), is a company I discontinued coverage on for some time as the red ink continued (and continues) to flow, but yesterday the stock soared nearly 150% to nearly $2.50/share on news it will unveil the world’s first fully integrated AC solar panel at the Intersolar 2011 trade show in Germany in about a week. The new 235 watt panels feature an integrated frame as well as other enhancements … Read the rest
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