Solar

WorldWater Corp. (WWAT) announced financial results for its second quarter and six months ended June 30, 2004. The significant increase in revenue is due to the Company's realization of its objective of providing world-class, proprietary solar technology systems to the agricultural and institutional marketplaces. As proof of this fact, the Company recently completed supplying the massive one megawatt PV system installation at Cerro Coso Community College in Ridgecrest, CA.

FPL Group Inc (FPL) plans to build a small solar energy facility in South Florida next year as part of a program that encourages electricity customers to pay an extra fee to support clean power. About 9,000 customers have agreed to pay an additional $9.75 on their monthly electricity bills to support renewable energy through the company's Sunshine Energy program. The company has agreed to build 150 kilowatts of solar power capacity in Florida for every 10,000 customers who sign up, and it expects to pass that mark within a month or so.

Evergreen Solar Inc (ESLR) shares were down yesterday since an SG Cowen analyst said that the Evergreen partnership deal announced this week will reduce the expected profits for 2006. The analyst diluted his estimates for per-share losses in 2006 by a penny to 18 cents and reduced his 2007 earnings estimate by 6 cents to 19 cents per share. Many of the analysts still think this partnership deal is very positive for the company, they just expect that it will postpone profitability out another year. The stock was down over 5% yesterday and it is trading lower this...

Tom Konrad What will the New Year hold for Clean Energy?   For the people who manage clean energy portfolios, mutual funds, and indexes the question is more than idle curiosity.  Getting the answer right means finding the stocks which will put a shine on your solar portfolio’s returns.  Getting it wrong means the competition will blow away your wind stocks. I asked my network of green money managers what they thought, and they gave me a lot more than I expected.  This is the start of a series on the predictions and stock picks from my...

Tom Konrad CFA Clean Edge's Clean Energy Trends 2012 contains some disturbing predictions for solar stock investors. Clean Energy Trends 2012, the annual report from Clean Edge by Ron Pernick, Clint Wilder, and Trevor Winnie, was released today. On the surface, it seems like good news for the solar sector.  Although headlines in 2011 featured much bad press for Solar PV, the industry has not been "withering on the vine." Here are some key points in the report:   Combined global revenue for PV increased from $71.2 billion in 2010 to $91.6 billion...

XSUNX Inc. (XSNX) announced that it has begun the construction of a mass production system for the manufacture of the Company's proprietary thin film solar cell designs. As the manufacture of this first system and its thin films development evolves, the Company anticipates that it may begin marketing efforts of this system as early as this coming spring.

DayStar Technologies Inc (DSTI) announced the signing of a purchase agreement with Blitzstrom, GmbH for Blitzstrom's purchase of DayStar's exclusive TerraFoil(TM) solar cells. Contingent on DayStar's ramp-up of its production capacity, the agreement calls for monthly delivery of TerraFoil(TM) escalating in volume through the end of 2008 with price based on a variable market- competitive pricing mechanism.

J. Peter Lynch I have been reading your articles for years and always thought your stock market related insight was interesting and helpful for me as an investor. At the current time I am worried about the market and am wondering where you think the market is currently, given the major run up we have had in the past year. I would also be curious about your view on solar stocks and what you see for them. Claude M., France. Claude, great questions.  You are really going to make me think about this one. Sorry...

Worldwater Corp (WWAT) announced that it has won a $1.9 million dollar bid award to design and install two solar electric systems at the Liberty Science Center, the most visited science museum in New Jersey. One photovoltaic installation, a 122 kW unit, is to be mounted on the roof of the newly expanded Liberty Science Center facility and will face the Statue of Liberty as a symbol of clean, renewable energy. The other, a 105 kW installation, is a "Solar Walkway" that will lead from the bus parking lot to the center's main entrance. Here, overhead solar panels...

Worldwater Corp (WWAT) announced the signing of contracts with homeowners in New Jersey and California to build photovoltaic solar electric systems to power their residences in parallel with their present electric utility company. The contract value of the systems in New Jersey and California is $160,540.

Evergreen Solar Inc (ESLR) announced that it has secured a $5 million credit facility from Silicon Valley Bank. The $5 million revolving credit line is available to the Company for a period of twelve months. The funds will be used to further support the Company's ongoing expansion plans and its strategy to be a leader in the global solar energy industry.

Tyler Hamilton over at Clean Break has an excellent summary of the Barron's article on the State of the Solar PV market. A couple of interesting points made in the story, based on data from analysts:Within 10 years solar PV technology will be in cost parity with retail electricity prices.About $100 million (U.S.) has been invested in solar-related ventures in the first half of 2005.Shares of publicly traded solar-focused companies have jumped 150 per cent over the past 12 months.By 2010 solar power production is expected to quadruple to 6 gigawatts worldwide. During the time, the market will...

Tom Konrad CFA The Once Bright Future of CSP Solúcar PS10 solar tower. Photo by afloresm via Flickr Since before I started writing about investing in clean energy in 2006, I’ve been fascinated by Concentrating Solar Thermal Power (CSP.)  CSP held the promise of much cheaper energy than was then available from photovoltiac (PV) solar, combined with thermal storage, which eliminated the variability problems of PV.  Unlike other renewable energy able to produce baseload power (geothermal, biomass, and hydro), CSP is scaleable: The solar resource in areas...

Dana Blankenhorn The lessons of technology investing also apply to solar investing. The decision by Evergreen Solar (ESLR) to move to China has some analysts saying "ha-ha" over solar energy. But in fact it reveals a basic fallacy in the way solar power, and solar power stocks, are analyzed by Wall Street. It's a manufacturing assumption. Solar panels are said to be a manufacturing business. So if prices are going down, that's bad. If governments are no longer seeing solar as just good PR, if they're treating it as a real industry that has to make...

By Harris Roen Any way you slice it, solar investing has been on a tear for the last year. Of the 69 solar stocks that the Roen Financial Report tracks, three quarters are up for the year. On average solar stocks have gained 85% for the year, with 60% of solar companies up in the double digits. What is most impressive is that the top 17 solar stocks are all up in the triple digits, and one, Canadian Solar Inc. (CSIQ), is up 903%! This article will look at who these outsized performers are, what...

Citing recent success in alternative power, GE Energy, a subsidiary of General Electric Co (GE) is hoping to boost its solar energy sales to $1 billion annually by the end of the decade, the head of GE's solar business said.