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Could This Solar Company Get A Boost From Electric Vehicle Chargers?
Monday, August 8, 2022 - 7:06pm | 522One of the largest home solar companies is furthering its presence in the electric vehicle space with new Level 2 home chargers. Could the move help the company get a boost in the clean energy sector? What Happened: Perhaps buried in the news flow of recent quarterly earnings was a release that...
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Pure Harvest Takes Another Step Toward Sustainability With Solar Cultivation Technologies Deal
Friday, October 9, 2020 - 12:13pm | 297Cannabis and hemp-CBD holding company Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) confirmed Friday the acquisition of Solar Cultivation Technologies, Inc. The takeover of the Denver-based solar company brings to PHCG an opportunity to implement SCT’s solar,...
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Investing In Solar Companies Equals Investing In The Only Future We've Got?
Friday, March 6, 2020 - 10:33am | 976Many countries are looking for the best way to switch to alternative sources of energy to move away from fossil fuels in order to stop or at least slow down the climate change caused by the release of carbon emissions. Solar energy has been around for some time, but in recent years the price of...
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Solar Companies Who Are Not Only Dominating The Industry But Are Thriving Despite Coronavirus
Thursday, March 5, 2020 - 10:19am | 1280Currently, the top three solar manufacturers in the world are all from China. They are namely JinkoSolar Holding Co (NYSE: JKS), JA Solar and Trina Solar Ltd (respectively) determined by market share among panel manufacturing companies. As for the US, the biggest solar installation companies are...
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First Solar Could Be Profitable By Next Year, But That May Not Satisfy Investors
Thursday, November 3, 2016 - 2:00pm | 330Shares of First Solar, Inc. (NASDAQ: FSLR) plummeted more than 17 percent to a new 52-week low of $32.90 on Thursday after the company reported third quarter earnings results. Joseph Osha of JMP Securities maintained a Market Underperform rating on First Solar's stock with an unchanged $32...
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Elon Musk's Blinding Optimism On SolarCity Fails To Brighten This Top-Rated Analyst's View
Thursday, November 3, 2016 - 8:46am | 643Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk pitched to investors early this week the rationale behind the company's proposed acquisition of SolarCity Corp (NASDAQ: SCTY). Investors weren't necessarily won over, as SolarCity's stock lost more than 2 percent on Wednesday, but some sources, such...
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Standpoint Research Shines A Light On 2 Solar Stocks
Tuesday, September 6, 2016 - 8:45am | 568Standpoint Research, an investment research firm, first evaluated shares of First Solar, Inc. (NASDAQ: FSLR) and Canadian Solar Inc. (NASDAQ: CSIQ) back in December 2014. On September 2, the analysts released a follow-up to their initial report, noting that after reinstating First Solar and...
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Morgan Stanley Says Regulatory Environment Will Make 2017 A Challenging Year For Solar Sector
Wednesday, August 3, 2016 - 11:36am | 445The solar industry is facing a "challenging" time ahead, according to a team of experts and analysts at Morgan Stanley. In an industry-wide, 91-page report, the team stated that while some solar companies will be able to navigate a difficult regulatory environment, others will be "exposed to...
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SolarCity Won't Get Burned By Brexit, Analysts Say
Monday, June 27, 2016 - 11:41am | 225Investors are scrambling to find out how their individual stocks or portfolio will perform following the Brexit vote. Here's a look at how SolarCity Corp (NASDAQ: SCTY) and other solar-related names should perform, courtesy of analysts at Needham & Co. and Investopedia. Investopedia cited a...
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SolarCity Downgraded At Barclays On Concerns Over Consumer Credit Quality
Monday, June 20, 2016 - 10:31am | 303SolarCity Corp (NASDAQ: SCTY) has seen its stock collapse more than 56 percent since the start of 2016 and more than 60 percent over the past year. Despite the ongoing weakness, Jon Windham of Barclays has taken an even more cautious stance towards SolarCity and the entire U.S. residential...
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Canadian Solar Surges +18% Following Top And Bottom Q1 Beat
Wednesday, May 11, 2016 - 9:51am | 443Shares of Canadian Solar Inc. (NASDAQ: CSIQ) surged higher by more than 18 percent Wednesday morning after the company reported its first-quarter results. Canadian Solar said it earned $0.39 per share in the first quarter on revenue of $721 million. Wall Street analysts were expecting the company...
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SunPower And AT&T To Bring Internet Of Things Technology To Home Energy Solutions
Tuesday, April 26, 2016 - 8:49am | 292SunPower Corporation (NASDAQ: SPWR) and AT&T Inc. (NYSE: T) announced on Tuesday they have entered into a collaboration that will combine AT&T's Internet of Things (IoT) technology with SunPower's home energy solution, SunPower Equinox. The SunPower Equinox system delivers 70 percent more...
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SunEdison Confirms It Has Filed For Chapter 11 Bankruptcy Reorganization
Thursday, April 21, 2016 - 10:28am | 338It was a matter of when, not if, Sunedison Inc (NYSE: SUNE) would file for bankruptcy. On Thursday, SunEdison made it official and announced that certain of its domestic and international subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code....
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TerraForm Global Completes Acquisition Of Alto Cielo Solar Farm
Monday, April 11, 2016 - 3:38pm | 187TerraForm Global Inc (NASDAQ: GLBL) announced on Friday it has closed the acquisition of the 26.4 MW capacity Alto Cielo solar plant in Uruguay for approximately $35.4 million. According to Bloomberg, TerraForm's acquisition represents something "its parent [SunEdison] has struggled to...
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Concerns At SunEdison Might Be Impacting Several Other Solar Stocks
Tuesday, March 29, 2016 - 10:19am | 390Solar investors are bracing for further industry-wide selloffs following concerning reports that Sunedison Inc (NYSE: SUNE) is the subject of a Securities and Exchange investigation. Shares of SunEdison plunged below the $1 mark as the company is alleged to have overstated how much cash it...