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Why Solar Stocks Were Down Sharply Monday
Tuesday, March 7, 2017 - 4:28pm | 573India’s Central Electricity Regulatory Commission proposed a 70-percent cut Monday in the cost of renewable energy certificates from $0.05 per kilowatt-hour to $0.015 per kilowatt-hour — and Axiom Capital’s Gordon Johnson said it’s not necessarily good news. “Given...
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Why China Just Caused Wall Street's Biggest Solar Bear To Change His Mind
Thursday, October 6, 2016 - 3:25pm | 1160One of Wall Street's biggest solar stock bears suddenly changed his tune Thursday. Axiom Capital Managing Director Gordon Johnson upgraded the entire alternative energy sector from Market Underweight to Market Overweight and upgraded SolarCity Corp (NASDAQ: SCTY) from Sell to Hold and Trina...
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Gordon Johnson And Solar Stocks: A Chronology Of Bearishness
Thursday, October 6, 2016 - 1:35pm | 789It may be time for solar stocks to emerge out of the doldrums and bask under the glorious sunshine. Gordon Johnson of Axiom Capital, who was decisively bearish on solar stocks, is revisiting his call and upgraded a few prominent names in the sector. Bear Way Back From 2008 Back in October 2008, the...
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Deutsche Bank Attempts To Answer Some FAQs On SunPower
Wednesday, October 5, 2016 - 3:12pm | 410SunPower Corporation (NASDAQ: SPWR) charged higher Wednesday up nearly 6 percent as Deutsche Bank weighed in on some frequently asked questions on the clean energy technology company. Despite the jump in share price, an increasingly competitive pricing environment surrounding clean energy...
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A Closer Look At 'Google-Solar City 2.0'
Thursday, February 26, 2015 - 10:43am | 232In a blog post on Thursday, SolarCity Corp (NASDAQ: SCTY) announced the creation of a new fund that will finance $750 million in solar projects, of which $300 million will be contributed by Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). According to the blog post, the new fund will make it possible...