Tag Archives: nyse
SolarCity Postpones IPO
After lowering its stock price to a reported $10 per share from a range of $13 to $15, IPO aspirant SolarCity was unable to fill its book and has postponed its IPO, according to Reuters quoting an underwriter of the deal. SolarCity has not returned requests for comment. SolarCity hoped to sell 10 million shares [...]
Solar Junction Achieves 44% Solar Cell Efficiency
A California-based company has broken its own world record in solar cell efficiency. Solar Junction has achieved 44 percent at 949 suns, beating the Silicon Valley company’s record of 43.5 percent at 418 suns it set in April 2011. Both records were verified by the National Renewable Energy Laboratory (NREL). “Breaking our own world record [...]
Blackstone Gobbles Up Vivint
Vivint, one of the country’s biggest home alarm system companies that’s been branching out into offering their customers solar power financing and services, is being acquired for more than $2 billion by The Blackstone Group, according to the companies. Consider it another big investment in the growing third-party residential rooftop solar. Under the terms of [...]
U.S Promises $2B in Renewable Energy Loans to South Africa
Eyeing South Africa’s potential as a key export market, the US is coming up with $2 billion in financing for clean energy projects. The agreement signed this week between the US Export-Import (Ex-Im) Bank and Industrial Development Corp. (IDC) of South Africa is aimed at supporting solar, wind and other clean-energy projects that use U.S. [...]
Suntech Achieves 1GW in America
Suntech Americas announced this week that it achieved its first gigawatt of installed solar in the Americas. The global company, with headquarters in China, opened its American branch in 2007 and manufactures 50 megawatts of solar photovoltaic panels at its plant in Arizona. It took about five years to install the first gigawatt on this [...]
Bloomberg Partners with NYSE Euronext on Clean Energy Indices
As stocks soared on the New York Stock Exchange Monday following a better than expected start to the U.S. shopping season, the exchange’s operator, NYSE Euronext, announced a new partnership with researcher Bloomberg New Energy Finance (BNEF) to create three new regionally-focused clean energy stock indices. The indices will track a collection of 125-325 renewable [...]
NYSE Green Summit
Many on Wall Street understand that the business worldhas a big, direct stake in sustainable business. It is no coincidencethat this year’s Earth Day celebrations coincided with the Euronext andthe Yale Chief Executive Leadership Institute’s first Green Summit heldat the New York Stock Exchange. The day was filled with top-notch speakers on critical issues, panel [...]
Solar Stocks of the Day: SPWRA, LDK, CSUN, WFR (7/24/2009)
Below are today’s notable solar stocks with significant news and price performance: SunPower Corporation (NASDAQ:SPWRA) surged 28.9% to$32.04. The company’s Q2:09 earnings were well above analystexpectations. Barclays Capital raised target price from $25 to $31, andmaintained Equal Weight rating on SPWRA. FBR Capital Markets upgradedSPWRA to Outperform from Market Perform, and raised target price to $40from $22. Collins Stewart [...]
SolarWinds breaks IPO drought
Texas-based enterprise software company begins trading on the NYSE, with shares rising 10 percent today. Austin, Texas-based SolarWinds (NYSE:SWI)held its initial public offering today of 12.1 million shares priced at$12.50 per share to raise $151.5 million, breaking a depressed IPOdrought. Global cleantech IPOs essentially dropped to zero in the firstquarter of 2009. The Cleantech Group [...]