Tag Archives: spwra

envision-solar

Solar in 2014: Buy or Lease?

Solar in 2014: Buy or Lease?

As utilities are using more solar and wind–both free energy sources–to power grid than ever before we might think electricity rates could level off, if not actually go down. But this hasn’t been the case. Moderate to heavy consumers here in California saw their rates rise between 20 to 40%. So if you haven’t gone

ldk6

LDK Solar Defaults on Convertible Notes

On the heels of Suntech’s bankruptcy last month, LDK Solar Company Ltd. (Xinyu City, China) failed to make  full payments of $23.8 million-worth of 4.75% convertible notes due this year. LDK was able to reach a private agreement on some cash payments and payment postponement with two other holders of $16.6M in notes. The company

cash-wad-stack

SunPower Announces $325M in Residential Solar Projects from Citi and Credit Suisse

In a remarkably clear trend, SunPower (NASDAQ: SPWR) just announced $325 million in new commitments for residential solar lease projects from Citi and Credit Suisse. SunPower joins in the recent cash infusions from banks for firms such as SolarCity, SunRun, OneRoof, Clean Power Finance, and Borrego Solar totaling more than $600 million in what is

france-flag

SunPower Expands Manufacturing in France

  Despite the gut in PV modules throughout most of the world, SunPower is expecting more demand for its products. As such it just introduced its newest manufacturing facility in De Vernejoul, France, near it’s northeastern border with Germany. The new plant employs roughly 80 workers and will produce 44 megawatts of modules annually. “Construction

sunpower-hands

SunPower Silences the Critics with Recent Earnings and Guidance

While it’s still choppy seas for the solar industry, SunPower’s full-year results for 2011 beat analysts’ estimates, and its 2012 guidance led some analysts to be more bullish on its stock. Among other steps the company is taking, it’s working to reduce costs by simplifying its production process and introducing more efficient PV cells. The

spwra-fslr-stocks

First Solar and SunPower: Stocks Headed South? $FSLR, $SPWRA

It only took a day or two for First Solar (FSLR) and SunPower Corporation (SPWR) to confirm the bearish pattern I pointed out after the recent post-earnings celebration for SPWR. The charts below show rapid follow-through from the big fades that followed huge up days in each stock. First Solar breaks down again SunPower gives

sunpower-hands

SunPower Completes Tenesol Purchase #SPWRA

SunPower Corp. has completed its acquisition of Tenesol SA, a subsidiary of Total SA, for $165.4 million. This deal represents another step forward in the integration of SunPower into Total’s business structure — in June, 2011, Total purchased a majority stake in SunPower (60%) for $1.4 billion.  Alongside SunPower’s purchase of Tenesol, Total bought 18.6

water-treatment-facility

California Goes Solar at Water Treatment Facilities $SPWRA

SunPower has targeted solar power marketing efforts at municipal water districts and regional water agencies with brilliant results. The company has installed more than 25 solar systems at water plants throughout the country, most of them in California. It just announced four new ones, totaling 3.8 megawatts of installed solar capacity at two Rancho California

ev-solar-driver

EV + PV Strikes Again in Sunpower/Nissan Deal $SPWRA

The number of solar industry + auto maker partnerships just keeps on growing. In a collaboration announced today, Nissan North America Inc. (NNA) and SunPower Corp. will team up to help Nissan LEAF electric vehicle owners learn how a residential solar power system from SunPower can reduce their carbon emissions and control the cost of

nasdaq-bear

First Solar and SunPower Release Disappointing Earnings $SPWRA $FSLR

Both First Solar and SunPower’s third quarter earnings call took place today at the close of the market. First Solar had pre-announced their results last week and both firms had cut their 2011 revenue guidance prior to today’s calls. First Solar First Solar (Nasdaq: FSLR) recently saw the sudden announcement of CEO Rob Gillette leaving

sunpower-ac

SunPower Introduces Residential AC Solar Modules $SPWRA

SunPower introduced two new AC photovoltaic (PV) modules geared specifically for the residential solar market at Solar Power International. The modules, which will be available in the U.S. in early 2012, use microinverters, which should help open them up to a new market of homes that weren’t previously considered solar candidates for a number of

fox-news

Fox News Gets Solar Wrong (Again) $SPWRA

I’ve just spent some time watching, and re-watching, and re-re-watching solar and business experts Bill O’Reilly, Steve Doocy, Megyn Kelly, Lou Dobbs, and Michelle Malkin pillory SunPower, which received a $1.2 billion Department of Energy Loan guarantee. Fox is analyzing, in their unique style, the $1.237 billion loan guarantee from the DOE to support the

patagonia-logo

Patagonia Goes Solar at California Campus

Patagonia, known for its high-quality outerwear, flipped the switch on 27 kilowatts of newly installed solar photovoltaic power at its headquarters in Southern California on Monday. The SunPower system will supply about 50 percent of the energy needed at one of the campus’s three main buildings—the firehouse. “We have an existing solar system in the

sunpower-canyon

Will Sunpower Lower Earnings Estimates for 2011? $SPWRA

It shouldn’t really come as a surprise that photovoltaic manufacturers are lowering their projected earnings for 2011. After all, there’s a glut in the market and manufacturers continue to lower prices in an attempt to move product. SunPower Corp. (NASDAQ: SPWRA SPWRB) recently said it plans to revise full-year earnings for 2011 when it reports

Top
[%%LINKS%%]