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 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 to suit usage UGE International 10% discount subscription model 2-year contract, No cancellation restrictions OnForce Solar 10% discount subscription model Extra credits carried on;...

Your Solar Panels Aren’t Facing the Wrong Way

Tom Konrad CFA Dilemma Compass photo via Bigstock Contrary to some confused bloggers, solar panels produce the most electricity over the course of a year when pointed south, not west. A recent report from the Pecan Street Research Institute started a chain of articles with increasingly inaccurate conclusions. The lemmings at Quartz, Gizmodo, and Grist, followed each other off the cliff of delusion saying that homeowners could produce more power by pointing their solar panels west, rather than south.  (UPDATE: Now even USA Today is jumping off.)  The title of...
residential solar

List of Residential Solar Stocks

Residential solar stocks are publicly traded companies that develop, install, finance, or own solar systems for single and multi-family residences. See also the list of Solar Farm Owner and Developer Stocks, the list of Solar Manufacturing Stocks, and the list of solar and wind inverter stocks. This post was last updated on 7/14/21.   Guggenheim Global Solar ETF (TAN) RGS Energy (RGSE) Solar Alliance Energy, Inc (SOLR.V) Sunlight Financial Holdings Inc. (SUNL) Sunrun, Inc. (RUN) Sunworks, Inc. (SUNW) Tesla, Inc. (TSLA) Vivint Solar (VSLR) If you know of any residential solar stock that is not listed here and should be, please let us know by leaving a comment. Also for stocks in the...

Trina Solar’s Second Convertible Bond

By Beate Sonerud and Sean Kidney China’s Trina Solar (TSL)is issuing US$100m of convertible bonds with 5-year tenor and 4% annual coupon, with semi-annual payments. An extra US$15m could be raised, as Trina has given the underwriters a 1-month window to buy additional bonds. Guess they are waiting to gauge demand. Underwriters are Deutsche Bank, Barclays, and Credit Suisse, with Roth Capital Partners as co-manager. The bonds can be converted to shares (American Depositary Shares, meaning they are listed in the US) at an initial price of US$14.69 per share. Currently, Trina’s shares are trading at US$11.40, after...

More Pain Ahead for Solar Stocks

Tom Konrad CFA Clean Edge's Clean Energy Trends 2012 contains some disturbing predictions for solar stock investors. Clean Energy Trends 2012, the annual report from Clean Edge by Ron Pernick, Clint Wilder, and Trevor Winnie, was released today. On the surface, it seems like good news for the solar sector.  Although headlines in 2011 featured much bad press for Solar PV, the industry has not been "withering on the vine." Here are some key points in the report:   Combined global revenue for PV increased from $71.2 billion in 2010 to $91.6 billion...

Bluefield Solar Eyes £150 Million IPO

Bluefield IPO to Be the Second Green Energy Fund Flotation in London This Year by Alice Young Bluefield Solar Income Fund Limited, an investment fund focussed on solar power, plans to raise £150 million in a London IPO. The Bluefield IPO will be the second flotation of a green energy find on the London Stock Exchange this year following the IPO of Greencoat UK Wind (LON:UKW). Bluefield Solar Plans London IPO On Wednesday, May 29, London-based Bluefield Solar announced that it intended to launch an initial public offering on the LSE’s main market. The fund, which is focussing...

Company Failures Are Not Industry Failures

Dana Blankenhorn Nearly all the big computer companies of the early 1970s have since gone out of business. Remember the BUNCH? Burroughs, Univac, NCR, Control Data, Honeywell (HON)? The first two became Unisys, the last three are still around, but none is a real factor in the computer industry as it exists today. Betting on the BUNCH in 1971 would not leave you in the chips in 2011. Digital Equipment, Data General, Wang, Amdahl? All gone. Along with nearly every company that made PCs in the 1970s save one – Apple. International Business Machines Corp. (IBM) didn't get into the...

LDK Melts Down, Solar Default Signs Grow

Doug Young  One of China’s 2 major meltdowns in the solar panel sector has taken a big step forward with word that trading in shares of LDK Solar (NYSE: LDK) has been suspended and the de-listing process formally begun as the company liquidates. Meantime, word of a missed interest payment by a building materials maker is sending the latest signal that China will let more companies in ailing sectors default on their debt rather than pay off their creditors. That’s an important signal for the solar sector, which relies heavily on such debt to finance its operations and where...

Inverter Stocks: A Backdoor to Solar and Wind Energy

Avoiding the Rush Whenever there is a gold rush, the people who make the real money are seldom the gold miners, but rather the suppliers to the miners that come home with the lion's share of the profits.   This is not because there is not an incredible amount of money to be made in mining gold, but because the nature of a gold rush is that too many optimistic miners are encouraged by the early profits of a few to rush to pursue too few opportunities. To many, the rush into solar stocks seems to be just...

GCL-Poly Mops Up Chaori Solar Mess

Doug Young Bottom line: Solar consolidators like GCL-Poly and Shunfeng will suffer short-term pressure due to difficult acquisitions, but could be longer-term beneficiaries as they earn government goodwill for their actions. The latest deal involving an insolvent solar panel maker is seeing a group led by GCL-Poly Energy (HKEx: 3800) take control of bankrupt Chaori Solar, in a takeover that looks slightly ominous but also potentially interesting for investors. The ominous element comes from the fact that these bankruptcy proceedings are occurring Chinese courts, where local politics are often more important than forging deals that make commercial...

Beijing Administers Tough Medicine to Solar Cos

Doug Young Solar Injection photo via Bigstock A report in Thursday's China Daily is providing the clearest indication yet that Beijing is delivering some tough medicine to many of the nation's smaller solar panel and polysilicon makers by letting them go backrupt to return the struggling sector to health. Up until now, much of the talk in China has focused on rescuing the money-bleeding sector through a comprehensive bailout plan designed to create about a dozen major players as the industry's backbone. But little has been...

Suntech Forced into Bankruptcy, Yingli Partners with GCL

Doug Young The inevitable has finally happened at tanking former solar star Suntech (NYSE: STP), which has been forced into bankruptcy ending a months-long battle between the company's founder Shi Zhengrong and just about all the company's other stakeholders. In the meantime, I would be remiss not to mention another solar news tidbit that has panel maker Yingli (NYSE: YGE) forming a new strategic tie-up with GLC-Poly Energy (HKEx: 3800), in what could eventually become the first mega-merger in the struggling solar panel sector. Let's start with Suntech, which has been in the headlines nearly non-stop these...

Chinese Solar Companies Undermining EU Deal

Doug Young  Bottom line: A deal designed to avoid punitive tariffs on Chinese solar panels exported to Europe is rapidly collapsing, with new anti-dumping tariffs likely to be imposed by the end of the year. A looming clampdown on Chinese solar panels in Europe is rapidly accelerating, with word that the EU will review part of a landmark 2013 agreement that initially helped to prevent a trade war but is showing rapid signs of unraveling. The case centers on the prices of Chinese solar panels, which are typically much lower than their western counterparts due to a wide array...

Canadian Solar Bags Another Module Sale

by Debra Fiakas CFA Last week Canadian Solar (CSIQ:  Nasdaq) bagged another solar module supply agreement  -  this time on the home turf of some of its staunches competitors.  Of course, the company has its own manufacturing foothold in China.  Canadian Solar is to supply its solar modules to China Three Gorges New Energy Company to a 100 megawatt solar power project in Guazhou County in Gansu Province.  The modules shipments will be complete by the end of the December 2013, suggesting all the sales will end up recorded yet in the current fiscal year. ...

Is the Solar Installation Industry Ripe for Consolidation?

Tom Konrad CFA Solar installation is a low margin business with low barriers to entry, but consolidation may bring competitive advantages in some sectors of the market. I recently took a look at Principal Solar (PSWW.PK), a reverse-merger solar developer roll-up play, and found it remarkably lacking in hard data.  But there are a handful of other publicly traded pure-play solar installer/developers, as well as vertically integrated solar manufacturers like First Solar Inc (FSLR) which have been developing projects with their own panels, and solar developer-operators like Etrion Corp. (ETRXF.PK). The Shape of the Solar Installation...

Solar Trends in 2014 and Beyond

Benefits, Barriers, and Chances Paula Mints Time is the primary difference between a fad and a trend. Fads are fleeting. Trends develop over time altering behavior in some relatively permanent fashion. The adverb relatively is used as permanence has become, over time, far less permanent. Fads ebb and flow more quickly than trends. The best way to tell the difference, unfortunately, is in hindsight. For example, the European feed-in tariff (FIT) model is responsible for jump starting the utility scale (or multi-megawatt) application for solar technologies.  The initial highly profitable FITs attracted investors who, forever in pursuit...
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