Four Green Money Managers’ Top Stock Picks
Green money managers' stock picks after the Japanese nuclear crisis. Even as the nuclear disaster in Japan unfolds, it's clear that the world's energy industry will be forever changed. Russian reactors were never considered safe, but a Japanese to have a nuclear meltdown is an entirely different story. Market Reaction Since Monday, nuclear stocks and ETFs have been plummeting. As of Wednesday night, The Market Vectors Uranium + Nuclear Energy ETF (NYSE:NLR), the iShares S&P Global Nuclear Energy Index (NASD:NUCL), PowerShares Global Nuclear Energy Portfolio ETF (NYSE:PKN), and the Global X Uranium ETF (NYSE:URA) are down...
Energy Conversion Devices (NASDAQ:ENER): Jefferies Vs. Cramer
Two different opinions on Energy Conversion Devices came out last Thursday (Jan. 11). Analyst Jeffrey W. Bencik at Jefferies & Co said that ENER was one his top 2 picks in the solar industry for '07, opining that despite continued volatility this should be a rewarding year for ENER investors. He believes that attention will "shift from company specific performance to a top down focus on the evolution of solar incentive schemes." Jim Cramer, on Thursday's Mad Money, said he could not, "in good conscience, recommend that stock with oil at $51, going to $49. So,...
Sunpower’s Tariff Exemption: When You Win, You Lose
SunPower gets an exemption for its interdigitated back contact (IBC) solar cells – did it win the battle and lose the war?
by Paula Mints
If SunPower (SPWR) was playing a game of chicken with the Trump Administration to give it an edge towards the goal of getting an exemption, it a) won its gamble and can now focus on manufacturing p-type monocrystalline cells and modules to compliment imports of its n-type IBC cells and modules, b) won its gamble and now must keep its word and invest in resuscitating the long-in-the-tooth SolarWorld US manufacturing facility, or, c) won its gamble...
The Battle For the Heart of Suntech
Doug Young Dr. Zhengrong Shi Suntech Founder, Chairman and CSO. Photo credit: Suntech Solar panel maker LDK (NYSE: LDK) started its long march to a takeover by the state with a major stake sale this week, but the equally cash-starved Suntech (NYSE: STP) looks like it may put up a bigger fight to maintain its independence. What's happening at Suntech comes down to a single word: Pride. The latest twist at Suntech also has broader implications, as the kind of pride we're seeing...
SolarCity – Crisis or Opportunity?
By Harris Roen The latest earnings numbers released by SolarCity (NASD:SCTY) show a mixed bag of results. Total revenues have been rising for the past 4 quarters, and the number of customers SolarCity is signing up continues to soar. All is not rosy, though, as operating expenses relative to net loss continue to increase. This article dives into the reported numbers, looks at important customer trends, and asks whether SolarCity is still a stock worth investing in. Revenues: Not a record, but steady growth Revenues for the third quarter came in strong for SolarCity, at $48.6...
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)
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 fees; no credit...
LDK Sells 16.6% of Company in Chinese State Bailout
Doug Young The nascent state-led bailout of China's struggling solar industry has taken another step forward with word that LDK Solar (NYSE: LDK) has just sold a big chunk of itself to a partly state-owned consortium for enough cash to perhaps fund its operations for another month or 2. This new rescue package values LDK at just $140 million, which is probably still too high a figure for one of China's weakest solar panel makers in an industry where everyone losing big money due to a huge supply glut. Let's take a closer look at this latest announcement...
Solar Equipment Maker GT Advanced Technologies Lays Off 25 Percent of Workforce
Jennifer Runyon Responding to projections that the solar panel module overcapacity will continue for at least another year, solar equipment maker GT Advanced Technologies today announced a restructuring plan. The company will lay off approximately 25 percent of its workforce and consolidate its existing business units into a single Crystal Growth Systems (CGS) group. The company said that when fully implemented, the restructuring would save approximately $13 million in annualized expenses. GT expects to record restructuring charges associated with these actions in the amount of approximately $4.2 million in the December quarter. More details and commentary will be...
Yingli Could Be Gone In A Year
Doug Young Bottom line: China is likely to see 1-2 of its weakest major solar panel makers close over the next year in a campaign led by Beijing, with Yingli as the most likely candidate to make the first exit. A couple of new reports from the Chinese solar sector are shining a spotlight on consolidation that’s still needed before the industry can return to health. One report cites the Ministry of Industry and Information Technology (MIIT), the sector regulator, saying more such consolidation is necessary and the pace should accelerate. The second is a technical announcement...
The New US Solar Trade Dispute
by Paula Mints In 2012 SolarWorld, facing significant price and margin pressure from cells/modules imported from China, filed trade petitions in Europe and the US under section 337 of the 1930 Trade Act. As a refresher on the Trade Act of 1930; this was the infamous Smoot-Hawley Act which began as a protection for farmers but after much debate fed by many special interests it was eventually attached to a wide variety of imports (~900). Other countries retaliated with their own tariffs. The US trade deficit ballooned. Smoot-Hawley did not push the world into the Great Depression...
What Just Happened: First Solar’s Strategy Shifts
2016 was a wild year and not just for solar and after decades of reliance on government incentives, subsidies and mandates the global solar industry may be inured to unpredictability but the industry as a whole should be wary of global trends. Solar PV expert Paula Mints looked at a number of the developments for solar companies in the December edition of SPV Market Research's Solar Flare. Adapted for AltEnergyStocks.com, this series of articles is reprinted with permission.
Though First Solar (FSLR) indicated recently that 2017 would be a transition year there is no indication from the company’s behavior...
First Solar’s New Mexico Project: The Parity and the Pain
James Montgomery Unusually public details about a newly signed solar project deal in New Mexico raise some interesting questions about the purchasing power of solar energy, how close it's getting to grid parity and just how much pressure is on upstream suppliers to fulfill that objective. First Solar (FSLR) has acquired a 50-megawatt (MW) solar power project in New Mexico from the solar division of Element Power. The deal is billed as the state's largest solar project; it also, according to some unusually public information revealed in a regulatory filing, raises some interesting questions...
Can We Blame China for Solar Manufacturer Bankruptcies? Yes.
Jennifer Runyon It really is all China's fault, say most solar experts, but the Chinese government's motivations aren't necessarily malicious. Fingering China photo via Bigstock Today is the last day before the International Trade Commission makes its final ruling on the tariffs that will likely be added to solar panels that include cells that were manufactured in China. We'll report on the specifics as soon as we have them but it's a pretty safe bet that there'll be tariffs in the amount of...
Zombie LDK Stops Production, Fires Thousands
by Sneha Shah LDK Solar (NYSE:LDK) which used to be the biggest solar wafer producer has completely stopped production of polysilicon and sharply reduced shipments to preserve cash. The company is effectively bankrupt and surviving due the largesse of state owned Chinese banks which have given $3 billion in loans to the company. LDK has almost no chance of paying down this monstrous debt given that it has been operating on negative gross margins for the last few quarters. LDK cost structure is way too high compared to its competitors LDK has a much higher cost structure in...
The End of Abound Solar – What Have We Learned?
By Joseph McCabe, PE Timeline for Abound Solar The sad news on July 2nd 2012 was that 125 employees were being laid off at the Abound Solar factories in Colorado. Abound listed assets at $100 million and liabilities of $500 million in the bankruptcy filing. The final auction of the equipment assets was performed this past week. I feel fortunate to have visited Dr. W.S. Sampath's Cadmium Telluride (CdTe) photovoltaic (PV) manufacturing laboratory at Colorado State University in February 2005. At that time the laboratory was depositing CdTe PV materials onto 16” X 16” glass panels. That...
Suntech Has A Friend In Wuxi But Foes In NY
Doug Young Former solar energy pioneer Suntech (NYSE: STP) is getting caught in an increasingly complex web of global forces as it tries to emerge from bankruptcy, with the latest coming from its hometown of Wuxi and from a bankruptcy court in New York. While such tugs-of-war probably aren’t uncommon in such a complex case, Suntech’s strong international connections mean its reorganization could take longer than many previously expected. The case also highlights the unusual risks associated with companies that do so much trans-border business. The latest developments have seen Suntech’s hometown of Wuxi emerge as a major new...
