Earnings Preview: Evergreen Solar's
Analysts, on average, expect Evergreen Solar (NASDAQ:ESLR) to report a loss of $0.10 on sales of $80 million on August 02, 2010.
For the full year, analysts expect the company to post a loss of $0.42. In the year-ago period, the company reported a loss of $0.10 on sales of $64 million.
In the previous quarter, the company reported a loss of $0.08, matching consensus estimates for a loss of $0.08.
Labels: Earnings, ESLR, Evergreen Solar, Solar Stocks
First Solar Earnings
First Solar, Inc. (NASDAQ: FSLR) will report financial results for the second quarter ended June 26, 2010, after market close on Thursday, July 29, 2010. The Company will hold its quarterly conference call to discuss these results and outlook for the remainder of fiscal 2010 at 4:30 p.m. EDT. Investors may access a live webcast of this conference call by visiting http://investor.firstsolar.com/phoenix.zhtml?c=201491&p=irol-calendar.
An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Tuesday, August 3, 2010 at 7:30 p.m. EDT and can be accessed by dialing 888-203-1112 if you are calling from within the United States or 719-457-0820 if you are calling from outside the United States and entering the replay pass code 7770641. A replay of the webcast will be available on the Investor section on the Company’s web site approximately two hours after the conclusion of the call and remain available for approximately 90 calendar days.
Labels: Earnings, First Solar Inc, FSLR, Solar Stocks
4 Ways to Profit from the Coming Boom in Alternative Energy
Love is a fickle thing. When oil prices surged past $100 a barrel in 2008, investors fell madly in love with alternative energy stocks. But when oil prices crashed, and when signs emerged that government budget problems would curtail the industry-friendly subsidies, so did investor ardor for this young industry. The PowerShares Wilderhill Clean Energy Exchange Traded Fund (NYSE: PBW) slid from $28 in early 2008 to below $10 today.
These ups and downs are par for the course in any young industry. Sales initially soar, then the key companies raise loads of cash to aggressively boost capacity -- often times to a point where supply exceeds demand. Prices for items -- such as solar panels and wind turbines in this case -- then plunge, leading investors to assume that profits will never be robust.
But it usually just takes time. Eventually, the industry learns to keep capacity expansion at a minimum, demand keeps rising, and prices eventually firm. And that’s just what looks to be happening in the field of alternative energy.
Continue reading
hereLabels: Alternative Energy, ETF, FSLR, PBW, Solar Stocks
Free solar power - too good to be true?
You can generate energy at home for FREE and have solar panels at no extra cost.
YOU know the old adage – if it sounds too good to be true, it probably is. So when Consumerwatch heard that solar panels were being fitted for free, we immediately asked: "What is the catch?"
For those who simply want to realise a dream by becoming more self-sufficient in terms of energy, then there is no catch.
You get to help the planet by harnessing sunlight that in turn cuts your bills – an average three or four bedroom house would save £150 on electricity, according to the Energy Saving Trust.
The company benefits as it gets to cash in on any extra electricity that you generate and fail to use by selling it back to the national grid.
Feed-In Tariffs (FIT) work out how much green energy has been pumped back into the national pot.
And it seems that this is where the real money-making potential lies for anyone investing in sun energy.
Continue
readingLabels: solar cells, Solar News, Solar power
Claymore/MAC Global Solar Index (ETF) (NYSE:TAN)
The Solar Stock ETF TAN continues upwards, alongside other titles like STP, FSLR and TSL. All still looking bullish on the short-term.
Labels: FSLR, solar ETF, Solar Stocks, STP, Suntech Power, Trina Solar, TSL
First Solar Swing Up
First Solar Inc. (FSLR) has made an impressive swing up, gaining more than 10% in only 3 sessions.
Most solar stocks are now bullish on the short-term, but expect some resistance to new highs on the next days.
If the bullish move continues we could see a new mid-term up trend starting.
Labels: First Solar Inc, FSLR, Solar Stocks, Solar Technology, Solar Trading
Goldman Sachs Says Go Long Solar Stocks
For all the perceived evil, you have to give them credit....
Goldman Sachs knows how to make money — lots of it.
In fact, they are so good at making money — for themselves and their clients — that for years they've been referred to in financial circles as 'Golden Slacks'.
It's rumored that they won't talk to you unless you've got $5 million to invest. And they only lend their name to the most exclusive high-end deals and initial public offerings. (They underwrote yesterday's Tesla IPO.)
Point is, Goldman is the best of breed of Wall Street banks. When they speak... the world listens.
And this week, they came out bullish on the solar sector.
Goldman's solar calls
Attached to the Goldman client note was a list of solar stocks and their analysts' opinion of each.
Here are the stocks they initiated coverage on, along with ratings and price targets:
First Solar (NASDAQ: FSLR): Buy rating and $150 price target
SunPower (NASDAQ: SPWRA): Neutral rating, $15 price target.
MEMC (NYSE: WFR): Sell rating, $9 price target.
JA Solar (NASDAQ: JASO): Buy rating, added to Conviction List. $7.50 target price.
Suntech (NYSE: STP): Sell. Target price: $8.40.
SourceLabels: Bullish, First Solar Inc, FSLR, Goldman Sachs, JASO, Solar Stocks, SPWRA, STP, Suntech Power
