The Top 10 Green-Tech Breakthroughs of 2008
Wired published an article with the top10 green technology breakthroughs, with plenty of solar energy technologies in the mix. It's a must read:
Green technology was hot in 2008. Barack Obama won the presidential election promising green jobs to Rust Belt workers. Investors poured $5 billion into the sector just through the first nine months of the year. And even Texas oilmen like T. Boone Pickens started pushing alternative energy as a replacement for fossil fuels like petroleum, coal and natural gas.
The Top 10 Green-Tech Breakthroughs of 2008 @ Wired.comLabels: solar cells, Solar Energy, Solar Technology, wired
First Solar Completes 10MW Thin Film Solar Power Plant
TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) today announced the completion of its first 10 megawatt (MW) ground-mounted photovoltaic power plant for Sempra Generation near Boulder City, Nevada. This project is the largest thin film solar power plant in North America. First Solar served as the engineering, procurement and construction (EPC) contractor for this PV power plant and will provide monitoring and maintenance services for the plant over its lifetime. This project was constructed in less than six months.
The project was developed by Sempra Generation, which will own and operate the PV power plant. First Solar constructed the 10 MW PV power plant adjacent to Sempra’s existing 480 MW El Dorado Energy power plant about 40 miles southeast of Las Vegas. The solar modules deployed in this ground-mount project were produced at First Solar's manufacturing facility in Perrysburg, Ohio.
First Solar (FSLR) Chart:
Labels: First Solar Inc, FSLR, Solar Plant, Solar power
First Solar (FSLR) Shining as OPEC Plans Another Production Cut
Shares of First Solar (Nasdaq: FSLR) are trading substantially higher today despite no company-specific news. The stock is currently up 11.75% to $141.28. Notably, First Solar's stock price is up more than 66% since November 20, when the stock hit a new 52-week low at $85.28.
The stock -- and the entire solar sector -- may be seeing upside today on the back of comments out of OPEC that it will cut daily oil production by an unprecedented 2.2 million barrels a day. With crude plummeting from all-time highs over the last few months, OPEC is beginning to look desperately for ways to control the price of a barrel of crude oil. Today's announced cut will be the largest reduction in production in OPEC's history.
Despite the clearly bullish news, crude oil is down nearly 4% today, once again approaching the $40 level.
Source:
http://www.streetinsider.com/Corporate+News/First+Solar+(FSLR)+Shining+as+OPEC+Plans+Another+Production+Cut/4247144.htmlLabels: First Solar, FSLR
First Solar (FSLR) NewsBite - FSLR Lower on Suntech Power Holdings(STP) Downgrade
Suntech Power was downgraded to "hold", the rest of the solar stock sector is going down, while the S&P500 is bouncing around...
First Solar (NasdaqNM: FSLR) opened at $127.08. So far today, the stock has hit a low of $125.55 and a high of $128.40. FSLR is now trading at $127.47, down $7.37 (-5.47%). Over the last 52 weeks the stock has ranged from a low of $85.28 to a high of $317.00. FSLR shares are declining this morning, under pressure after a Jesup & Lamont analyst downgraded fellow solar stock Suntech Power (STP) to "Hold" from "Buy." Technical indicators for the stock are bullish and S&P gives FSLR a positive 4 STARS (out of 5) buy ranking.
Labels: First Solar, FSLR, ntech Power, solarstocks, STP
