LATEST ARTICLES

The Big Win You Missed

by Tom Konrad, Ph.D., CFA My friend Jan Schalkwijk, CFA of JPS Global Investments just asked me if I had any thoughts on Kontrol Energy (KNR.CN, KNRLF), a Canadian smart building firm I had never heard of. (I just added it to AltEnergyStocks.com's Energy Efficiency and Smart Grid stock lists.) The stock had just shot up after the client sold and went on a kayaking trip.  It had disclosed a sensor for detecting COVID-19 from the air. While I didn't have anything to say about the company, I did have some thoughts on dealing with the emotions around missing out.  Since it's...
First Solar PV Plant - fixed tilt

First Solar Jettisons Its O&M Business

by Paula Mints In August, CdTe manufacturer First Solar (FSLR) sold its North America O&M business to NovaSource Power. According to First Solar CEO Mark Widmar, the decision was due to contracting O&M margins and customer demands for more services. The company is also exploring jettisoning its EPC business. First Solar plans to focus on its module manufacturing business. Comment: Apparently, First Solar finally realized that O&M is low margin and that the EPC business may also not have much margin cushion. Now the company can concentrate on another low margin sector of the solar manufacturing chain, manufacturing. First Solar has occasionally...
Run VSLR, RUN!

Unprofitable Sunrun Buys Unprofitable Vivint Solar

by Paula Mints In July, Unprofitable residential solar lease company Sunrun (RUN) announced that it would acquire its unprofitable competitor, Vivint Solar (VSLR). Each share of Vivint stock will be exchanged for .55 shares of Sunrun’s common stock. Sunrun indicated that there were great synergies between the two companies. Comment: Remember when Tesla (TSLA) adopted Solar City, a company founded by Elon Musk’s cousin? Sorry – remember when Tesla acquired money-losing Solar City and claimed strong growth and profits would follow? Great synergies. A wonderful future. Rainbows, kittens, and a profitable solar future for all. The residential solar lease and residential PPA offers...
10 for 20 Aug vs benchmarks

10 Clean Energy Stocks for 2020: The Waiting

by Tom Konrad, Ph.D., CFA Despite high valuations, a rampaging pandemic, and the end of the $600 weekly supplemental unemployment payments from the CARES Act, the stock market continued upward in August. Like most ordinary people in this economy, my Ten Clean Energy Stocks model portfolio is still not feeling the recovery the way the big tech companies and the ultra wealthy are, although my real-money Green Global Equity Income Portfolio (GGEIP)  is now hitting new highs for the year.   The difference between the model portfolio’s performance and GGEIP is mostly a result of trading: It had a large cash position at...

Leading Indian Renewable Energy Stocks

By Ishaan Goel   India is amongst the largest renewable energy markets in the world, ranking third in solar, fourth in wind and fifth in hydro power capacity. Due to its rapidly growing economy, India’s energy needs are constantly on the rise. Moreover, countering air pollution has become one of the government’s top priorities. To achieve this, it has set out the world’s largest expansion plan for renewable energy - a 5x increase of installed capacity to 450 GW by 2030.  The Indian renewable energy market can broadly be divided into two categories - private firms and state-owned enterprises (known as public-sector...

Buyer’s Guide to New York Community Solar

By Ishaan Goel WHY COMMUNITY SOLAR? A home solar system is a great investment, with financial returns far in excess of any financial investment that has comparable risk. It’s also a tangible step a homeowner can take to help the environment.   Unfortunately, most New Yorkers (and Americans in general) can’t install home solar.  They may be renters, or have roofs that are too old or shaded.  Or they may not be able to afford the up-front cost, or not have enough income to take advantage of the tax credits. That is why New York’s electricity regulator, the Public Service Commission, created community solar:...

Community Solar Providers In NYSEG Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. This list last updated on 9/9/2020. VENDOR NAME PRICING STRUCTURE ADDITIONAL DETAILS SPECIAL OFFERS Abundant Solar Power 10% discount subscription model Contract to be signed Astral Power 10% discount subscription model (Broker for solar farms) 12 month term, no cancellation fee. Bill needed in customer’s name $100 check and $100 donation to Feedmore WNY BlueWave Solar 10% discount subscription model (Broker for solar farms) Links to own development as well as any external ones. Available services in your area found through ZIP code search. Citizens Energy 20% discount subscription model (Nonprofit) free cancellation; no...

Community Solar Providers In National Grid Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. VENDOR NAME PRICING STRUCTURE ADDITIONAL DETAILS SPECIAL OFFERS Abundant Solar Power 10% discount subscription model Contract to be signed Amp Energy Mostly 10% subscription model 12-month contract with auto-renew option, termination fees waived with proper notice Astral Power 10% discount subscription model (Broker for solar farms) 12 month term, no cancellation fee. Bill needed in customer’s name $100 check and $100 donation to Regional Food Bank of Northeastern NY Ampion 10% discount subscription model Free cancellation at any time, excess credit is banked BlueWave Solar 10% discount subscription model (Broker for solar farms) Links to...

Community Solar Providers In PSEG Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. PRICING STRUCTURE ADDITIONAL COMMENTS SPECIAL OFFERS HarvestPower Solar Subscription model with a discount from utility rate Estimated 15-30% savings with no out-of-pocket expenses SUNation Short-term and long-term contracts to pay a fixed rate below the utility rate Estimate 15% savings  

Community Solar Providers In Central Hudson Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. VENDOR NAME PRICING STRUCTURE ADDITIONAL DETAILS SPECIAL OFFERS Ampion 10% discount subscription model Free cancellation at any time, excess credit is banked $50 donation to local sustainability fund Astral Power 10% discount subscription model (Broker for solar farms) 12 month term, no cancellation fee. Bill needed in customer’s name $100 donation to Food Bank of the Hudson Valley Community Power Partners 10% discount subscription model no cancellation fee with 90 days notice, no credit checks and no payment information required Nexamp Inc. 10% discount subscription model No cancellation fees and long-term contracts East Light...

Community Solar Providers In ConEd Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. VENDOR NAME PRICING STRUCTURE ADDITIONAL DETAILS SPECIAL OFFERS Ampion 10% discount subscription model Free cancellation at any time, excess credit is banked Astral Power 10% discount subscription model (Broker for solar farms) 12 month term, no cancellation fee. Bill needed in customer’s name BlueWave Solar 10% discount subscription model (Broker for solar farms) Links to own development as well as any external ones. Available services in your area found through ZIP code search. Sunset Solar Park 20% discount subscription model YSG Solar 10% discount subscription model Credits offered can be increased or decreased...

Community Solar Providers In Rochester Gas and Electric Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. Updated 9/9/2020. VENDOR LINK PRICING STRUCTURE ADDITIONAL COMMENTS SPECIAL OFFERS Ampion 10% discount subscription model Free cancellation at any time, excess credit is banked Astral Power 10% discount subscription model 12 month term, no cancellation fee. Bill needed in customer’s name $100 check and $100 donation to  Foodlink Community Power Partners 10% discount subscription model no cancellation fee with 90 days notice, no credit checks and no payment information required Renovus Solar Purchase Model with small annual maintenance fee. Discount subscription models also offered. Panel custom-built to suit need, credits forwarded to electricity...

Community Solar Providers In Orange and Rockland Territory

See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories. Updated 9/8/2020 VENDOR NAME PRICING STRUCTURE ADDITIONAL DETAILS SPECIAL OFFERS IPP Solar Integration LLC 10% discount subscription model - Clearway Community Solar 10% discount subscription model Cancellation free if replacement found or with 90 day notice, otherwise $200 termination fee Community Power Partners 10% discount subscription model no cancellation fee with 90 days notice, no credit checks and no payment information required Nexamp Inc. 10% discount subscription model No cancellation fees and long-term contracts Oya Solar Inc. 10% discount subscription model Contract for specified period needs to be signed Astral Power 10% discount subscription model  12 month term,...
transit ridership

Earnings Roundup: Covanta, NFI Group, Green Plains Partners

by Tom Konrad, Ph.D., CFA Earnings Season Continues Below are three more updates on second quarter earnings which I've been sharing with my Patreon supporters.  If you'd like to support my writing and see those thoughts in a more timely manner, consider becoming a patron. becoming a patron. For everyone else, I'm reprinting those thoughts below. Covanta Earnings (published August 2nd) Waste to energy company Covanta Holding Corp (CVA) saw most of its business recovering towards the end of the second quarter.  Management is reluctant to predict if the positive trend will continue into the third quarter and for the rest of the year, but...
chchchchanges AMRS

Amyris’ Sugarcane-derived Vaccine Adjuvant

by Jim Lane COVID-19 has changed the way we do things…like drink more alcohol, wash our hands more, wear a mask, limit our gatherings and trips, but positive things have come about too. More time to connect with friends and family via online tools, a new respect for healthcare, agriculture and other essential workers, breathing cleaner air, and finding new ways to connect, entertain and innovate. Even in the bioeconomy, companies are doing the “pandemic pivot” and creating innovations to improve our future. We’ve covered how the ethanol industry jumped in to save the day with hand sanitizer production, but today...
total returns

10 Clean Energy Stocks for 2020: July Update on Valeo MiX, and NFI

A secular shift in the transportation paradigm? by Tom Konrad, Ph.D., CFA I'm continually surprised at the strength and length of the stock market recovery in the face of a worsening pandemic in the US. The stock market may not be the economy, but it's not totally divorced from the economy either.  Perhaps the Senate's unwillingness to even talk about another aid package and the subsequent failure to pass one until after the benefits in the initial CARES act expire will trigger the market reversal I've been expecting at least since late April.  Or it won't.  I have a long track record...