1. Home
  2. Articles posted by: Rona Fried (Page 1396)

Solar Stocks on Fire

Solar Energy stocks are on a run right now. For Monday, here are some of the results: Canadian Solar (CSIQ) up 24.54% Daystar (DSTI) up 4.32% Evergreen Solar (ESLR) up 3.96% First Solar (FSLR) up 6.01% MEMC (WFR) up 3.52% Solarfun (SOLF) up 35.58% Sunpower (SPWR) up 3.05% Trina Solar (TSL – News) up 17.26% JA Solar (JASO) up 16.53% Chinese solar company Trina Solar and First Solar have outperformed the sector since their IPOs. Trina is up 270.8% since its IPO; First Solar is up 224.7% since its IPO. There was a similar run up in solar stocks in the first quarter of 2006. The sector crashed along with the May 2006 general market correction. At the time, solar stocks were tracking oil prices. That correlation seems to be waning. Sunpower (SPWR) stocks has doubled since July. Over the past four years, revenues skyrocketed from $5 million to $236 million. Earnings are expected to double, from 51 cents a share in 2006 to 98 cents in 2007, and then to $2 in 2008. Sales could reach $680 million in 2007 and $1.2 billion in 2008. David Edwards of ThinkEquity Partners, who rates SunPower a buy, says it ranks tops […]

Read More

AMSC Receives Important Wind Energy Storage Order

American Superconductor Corp. (NASDAQ: AMSC), has received an important order for its power electronics solutions for the global wind power market. The company’s PowerModule(TM) power converter technology has been selected to manage power for a unique wind energy storage system – a new product that is expected to increase the uniformity of electricity from wind farms. AMSC also reported another new order for its D-VAR® reactive compensation product – in this latest case to enable connection of a wind farm in Scotland to the local power grid. AMSC’s PowerModule power electronic converters have been ordered by VRB Power Systems, Inc. (Toronto: VRB) of Vancouver, British Columbia and will be integrated into their energy storage systems. This energy storage technology, developed by VRB Power, has the ability to store excess wind-generated energy when the demand is low, and release it when the demand exceeds the available wind generated power. The storage system has the potential to increase the supply reliability of wind energy and reduce the cost of the reserve requirements from generation plants. This is a new application for PowerModules in the renewable energy space and expands the breadth of AMSC’s offerings in the wind industry. AMSC also reported an […]

Read More

The Power of Green

URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]     

Read More