-
Takeaways From Solar Conference: Still Too Early To Be Broadly Positive
Wednesday, September 14, 2016 - 3:16pm | 517Solar power faces demand risk, according to Goldman Sachs, as the supply is not reduced and, therefore, the average selling price is down. Analysts Brian Lee, Hank Elder and Candace Dechant do not see a turnaround of fortunes for the sector. Furthermore, prolonged cyclical pressure is expected to...
-
Argus Downgrades First Solar On Price Competition Concerns
Wednesday, August 31, 2016 - 10:19am | 440Argus’ Stephen Biggar expressed concern regarding First Solar, Inc. (NASDAQ: FSLR)'s declining project backlog, as well as the impact of strong price competition. Biggar downgraded the rating on the company from Buy to Hold. EPS Concerns The analyst expects the company’s EPS to be hurt...
-
Barclays Breaks Down Its Outlook On Solar
Wednesday, August 24, 2016 - 11:18am | 535Barclays believes the second-quarter results from the solar segment were not a one-off "weak quarter." The brokerage sees an inflection point in the segment fueled by consequences of unplanned policy, apart from the limitations on the technologies in the sector. Therefore, there was no change to...
-
In Solar And Alternative Energy, UBS Likes SunPower
Friday, August 5, 2016 - 8:35am | 505Due to its diversification and the company's continual share gaining in all online job postings recently (approaching 70 percent), UBS likes SunPower Corporation (NASDAQ: SPWR) among the non-residential solar installers in the United States. Setting Itself Apart "We note SPWR's core diversification...
-
First Solar Bulls Get Burned Following Q2 Beat
Thursday, August 4, 2016 - 2:16pm | 366First Solar, Inc. (NASDAQ: FSLR) bulls are enduring a frustrating trading session on Thursday. The stock is down 11.3 percent on the day following Q2 earnings and revenue beats. First Solar charged $86 million in Q2 when it decided to no longer make solar panels using TetraSun’s silicon...
-
Solar Names Go Green Amid Trina Solar's Go-Private Deal
Monday, August 1, 2016 - 1:21pm | 418Trina Solar Limited (ADR) (NYSE: TSL), a China-based integrated solar power products manufacturer and solar system developer, announced on Monday it will be taken private by a consortium of investors which values the company at approximately $1.1 billion, or $11.60 per ADS. Jifan Gao, Chairman...
-
SunPower Shares Higher Following UBS Upgrade To Buy
Wednesday, July 6, 2016 - 11:50am | 447Shares of SunPower Corporation (NASDAQ: SPWR) gained as much as about 3 percent after UBS upgraded the stock to Buy from Neutral saying that the recent pullback is overdone. The market is pricing in another 2011 panel downturn. But UBS sees value in the stock following 50 percent plus year-to-date...
-
Tesla + SolarCity = The 'Apple Store' For Electricity?
Wednesday, June 29, 2016 - 9:34am | 443When consumers enter a typical Apple Inc. (NASDAQ: AAPL) store, they can purchase a smartphone, tablet, music player, smartwatch and a computer in one shot. Apple also offers educational activities, including free presentations that offer potential consumers a hands-on experience. According to an...
-
Global Fossil Fuel Electricity Demand Will Peak In 2025
Tuesday, June 14, 2016 - 2:03pm | 411In at least one segment of global energy demand, fossil fuel demand growth could peak by 2025. Tom Randall reports that Bloomberg New Energy Finance projects fossil fuel demand for electricity will finally hit its peak in another nine years. “You can’t fight the future,” the...
-
Chile Giving Away Free Energy As Solar Power On Its Central Grid Has Quadrupled Since 2013
Thursday, June 2, 2016 - 8:53am | 351The Latin American country of Chile could serve as a model for clean power as the solar industry has expanded so quickly electricity is being given away for free. But this isn't necessarily a good thing for solar companies. According to Bloomberg, spot prices for electricity in certain...
-
Sky-High Solar: Vivint Up 30% After Deutsche Bank Upgrades To Buy, PT $7.50
Friday, May 27, 2016 - 10:41am | 324Shares of Vivint Solar Inc (NYSE: VSLR) surged +29 percent after Deutsche Bank upgraded the stock to Buy from Hold, saying that its power co-valuation exercise suggests considerable upside for the solar company. The brokerage also raised its price target on the stock to $7.50 from $3.50. The new...
-
SolarCity Announces New Set Of Services For Utility Operators
Thursday, May 5, 2016 - 9:02am | 196Shares of SolarCity Corp (NASDAQ: SCTY) were trading higher by more than 3 percent early Thursday morning after the company announced the launch of three new services for utility operators. First, SolarCity launched its development of utility-scale solar power plants, which act as an alternative to...
-
SolarCity Announces Availability Of Solar Service In Western Pennsylvania
Monday, April 11, 2016 - 7:27am | 135SolarCity Corp (NASDAQ: SCTY) announced Monday morning its solar service is now available to customers in Western Pennsylvania. According to SolarCity's press release, potential customers will pay no upfront cost with a monthly bill as little as $30 per month, including design, installation...
-
Get TAN-ing With This ETF, Because Solar Stocks Are Cheap
Thursday, April 7, 2016 - 9:43am | 593Solar equities have been embroiled in controversy this year, much of it thanks to Sunedison Inc (NYSE: SUNE), which according to some reports, has retained a bankruptcy firm. That stock has lost nearly 93 percent of its value this year, so it's probably not surprising that the Guggenheim Solar ETF...
-
Analysts On First Solar's Short-Term Outlook: 'Meh'
Wednesday, April 6, 2016 - 1:34pm | 744First Solar, Inc. (NASDAQ: FSLR)'s Analyst Day fell short of investor expectations, as investors were expecting the company to provide 2017 guidance as it has in the past. While 2017 guidance was not given, First Solar did provide a long-term vision that pacified Wall Street, who still remains...