Tag Archives: profits
Take That Haters! Tesla Now Profitable
The purchase of just 250 extra cars is bring Tesla Motors (Nasdaq: TSLA) over the finish line to its first quarter of profitability, says the company. For the first quarter, Tesla will deliver 4750 Model S electric sedans, surpassed the expected 4,500 units. The car won the coveted “Car of the Year” award from Motor Trend magazine. “I am [...]
The Future of Chinese Solar Companies
The whole solar panel industry has been in a tailspin as the massive solar glut takes toll of the whole industry. The industry downturn which started in 2011 has not stopped as solar panel prices have crashed to new all time lows with European demand pull in ending and inventories building up. While many of [...]
Making Money in The Solar Industry
In Greek mythology, Prometheus stole the secret of fire from the gods and gave it to man. In retribution, Zeus chained him to the side of a mountain where a sacred bird pecked out his liver on a daily basis for eternity. That might sound just like daily life, circa August 2011, for many of [...]
Dow Chemical Profits from Clean Technoligies $DOW
We published this week ICB’s annual Top 40 Power Players within the global chemical industry and Dow Chemical CEO and presidentAndrew Liveris was chosen as the top power player for 2010. This reminds me of my attendance at Dow’s annual investor day last monthwhere a lot of the business presentations I saw targets clean technology [...]
Arizona Invests in Renewable Energy Projects for Non-Profits
Non-profit organizations across Arizona are set to receive a boostfrom the state government, which is continuing to demonstrate strongleadership when it comes to renewable energy. As announced by Arizona Governor Jan Brewer earlier this week, theArizona Department of Commerce Energy Office has awarded nearly $640,000 in renewable energy project grants for 14 different non-profitorganizations statewide. Funding [...]
Evergreen Solar (ESLR) Posts Better Than Expected Results As Revenues Surge, But Profits Elusive
There are certainly some things to like about Evergreen Solar (ESLR)and some things.. eh not so much. The earnings results reveal it yetagain. This is a company that continues to see revenues surging fasterthan any other solar company, but they just can’t turn a profit. Whilemargins improved this quarter, they just can’t get the costs [...]
PV modules the only bright spot for Japan’s Sharp
Sharp, one of the world’s largest makers of photovoltaic (PV) modules, posted its first annual loss in its nearly 100-year history, with its solar module division the only one to turn a profit in 2008. Sharp turned in a net loss of ¥125.8bn ($1.3bn) for the full year, compared to a profit of ¥101.9bn in [...]