Sunpower (SPWRA) Building 9MW Solar Plant For Naturener

Sunpower(SPWRA) announced this morning that it is building a 9.1MW solar power plant inAlange, Badajoz, Spain for the Naturener Group. It’s one of the largestto be built in Spain this year and the 5th that Sunpower has designedand constructed for Naturener. Naturener is using Sunpower’s trackertechnology which follows the sun and provides up to 25% [...]

Needham Updates Solar Stock Ratings $FSLR, $SPWRA, $SOLF, $STP, $JASO

Needham& Company has come out with updates on their ratings of severalsolar stocks. Hat tip to Street Insider for the analyst comments: Initiated coverage on First Solar (FSLR) with an Underperform and $92 price target.“As the world’s largest producer ofsolar panels with the best cost structure, First Solar is benefitingfrom strong near-term demand and a [...]

Will SunPower Make It? $SPWRA

For the past six or seven months, that’s been one of the primaryquestions in the solar market. Will the pioneering manufacturer ofhigh-end, high-efficiency solar panels succumb to competitors or somehow pull through. First, the dismal take. SunPower appears stuck in an unenviable spot. It competes against First Solar, which can offer lower prices, forutility-scale contracts. [...]

Deutsche Bank Keeps Buy Rating, $25 Target on Sunpower $SPWRA

DeutscheBank has met with Sunpower (SPWRA) management and according to Street Insider,is still comfortable with its Buy rating as the stock continues to slide to new all time lows. The firm maintains the $25 price target as well. “We believe there is great (and unrealized) value in the company’sdownstream business. We believe that companies with [...]

Why I’m Bullish on SunPower $SPWRA

As a follow-up to last week’s post on solar stocks, I just have to comment on Sunpower. In thelast week alone the SPWRB shares have sold off an additional $2 (~18%)and now trade under $11.50/share. At this price SPWRB looks like "asure thing" investment if your investment horizon is 1 year or longer. The P/E [...]

Analyst Rating Roundup On SunPower $SPWRA

Severalanalyst ratings announcements and notes on Sunpower (SPWRA) following its earnings report to cover this morning… Hat tip to Street Insiderfor the analyst comments. Citi maintains its Sell rating and lowered theprice target from $15 to $12. “In the very near-term, SPWRA hasdramatically underperformed peers like First Solar (FSLR) (~3500bps inthe past 7 weeks), thus [...]

Solar Stocks Slumping in 2010, Led by Sunpower $SPWRA

2010 has not been kind to investors in US solar stocks–and it has been a disaster for Sunpower shareholders! Frustratingly Sunpower(SPWRA & SPWRB) stock price has performed abysmally so far thisyear, down almost 50%, with 35% of that hitting in the past 6 weeksalone. All US solar stocks are feeling the heat of the Chinese [...]

SunPower To Build 1.3MW Solar Plant For EDF In Italy $SPWRA

SunPowerjust announced that it has been selected to build a 1.3MW solar powerplant in Italy for Solar Green Energy-SGE, a JV between EDF subsidiaryEDF-EN Italia and Italian project developer Emmecidue. The plant, whichis to be located in the Lazio region, will consist of 96-cell, E 18 /305 solar panels and SunPower T0 Tracker systems. In [...]

Does SunPower’s New PV Products Tarnish Their Brand? $SPWRA

Normally, when SunPower introduces a new product,they put their PR machine in overdrive and journalists get assaulted bypress releases, briefings and conference calls. So it’s a littlesurprising that SunPower has quietly unveiled a new product. Yes, the leader in high efficiency solar panels, the world record holder for commercial-scale solar panel efficiency has released it’s [...]

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