Solar Power

The Guggenheim Solar ETF (NYSE: TAN) stumbled last year, but the largest solar exchange-traded fund is showing signs of shaking out of those doldrums. Year-to-date, TAN is higher by more than 7 percent, and with a move of just over 5 percent, the ETF will reclaim its 200-day moving average. TAN,...

Data released by the U.S. Energy Information Administration indicated impressive growth in PV installs through November 2016. Despite this, growth in U.S. solar installations may actually be cooling, Axiom's Gordon L. Johnson said in a report. According to PVInsights data for this week, average...

Solar stocks have established the tendency over the years of disappointing investors. The name SunEdison still haunts investors, as one of the world's biggest solar power companies declared bankruptcy in 2016. Tesla Motors Inc (NASDAQ: TSLA)'s acquisition of its sister company SolarCity was viewed...

Barclays’ Jon Windham believes the robust growth prospects of the internally developed solar projects of Azure Power Global Ltd (NYSE: AZRE), along with support from favorable policy, would drive rapid year-on-year increases in new solar installations in India. Windham initiated coverage of...

President-elect Donald Trump has never shied away from offering glimpses of what his energy policy would look like. Gordon Johnson, a notable solar analyst, cited the U.S. election results as one of a small handful of reasons why he downgraded the entire solar sector to Market Underweight with a...

Gordon Johnson of Axiom Capital, a notable solar analyst, downgraded shares of SolarCity Corp (NASDAQ: SCTY) to Sell from Hold with a $16 price target. Johnson's downgrade comes a day before the proposed Tesla Motors Inc (NASDAQ: TSLA)–SolarCity merger will be voted on by shareholders. The...

Hillary Clinton’s defeat in the run for U.S. presidency represents an “incrementally negative” for the alternative energy space, mainly due to the “loss of policy support that had been likely” in case she had won, Barclays’ Jon Windham said in a report. Although...

Target Corporation (NYSE: TGT) is now the largest corporate installer of solar power in the United States, according to Electrek. Target now boasts 147MW of installed solar power across 300 stores, which exceeds Wal-Mart Stores, Inc. (NYSE: WMT)'s solar installed base of 130MW while Ikea, the...

It is a contrasting performance of the two companies that made debut on the two stock exchanges on Wednesday. While Azure Power Global Ltd (NYSE: AZRE) traded down below the IPO price, Extraction Oil & Gas, LLC (NASDAQ: XOG) traded well above the IPO price. Azure Power is a solar power seller...

One of Wall Street's biggest solar stock bears suddenly changed his tune Thursday. Axiom Capital Managing Director Gordon Johnson upgraded the entire alternative energy sector from Market Underweight to Market Overweight and upgraded SolarCity Corp (NASDAQ: SCTY) from Sell to Hold and Trina...

It may be time for solar stocks to emerge out of the doldrums and bask under the glorious sunshine. Gordon Johnson of Axiom Capital, who was decisively bearish on solar stocks, is revisiting his call and upgraded a few prominent names in the sector. Bear Way Back From 2008 Back in October 2008, the...

SunPower Corporation (NASDAQ: SPWR) charged higher Wednesday up nearly 6 percent as Deutsche Bank weighed in on some frequently asked questions on the clean energy technology company. Despite the jump in share price, an increasingly competitive pricing environment surrounding clean energy...

This year has not been kind to solar stocks and the relevant exchange-traded funds. The Guggenheim Solar ETF (NYSE: TAN), the largest dedicated solar ETF, is off 5.5 percent over just the past month, bringing its year-to-date loss to nearly 35 percent. TAN has been stymied on multiple fronts this...

Following 8Point3 Energy Partners LP (NASDAQ: CAFD)'s third-quarter results — an outperformance and upward revision of guidance — Baird reiterated its Outperform rating on the shares of the company. The price target was reiterated at $20. Analyst Ben Kallo noted that the company's...

JMP Securities sees the consensus estimates of $2.22 EPS on revenue of $2.97 billion on First Solar, Inc. (NASDAQ: FSLR) for the year 2017 as significantly too high. Conversely, analyst Joseph Osha expects the company to deliver GAAP EPS of $1.34 for the same period. Following its participation in...