New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 13, 2014
18:02 EDTFSLRFirst Solar selected by Tenaska to build 150MW solar facility in So. California
First Solar announced that it has been selected by independent energy company Tenaska Solar Ventures to design and build the 150 megawatt AC Tenaska Imperial Solar Energy Center West project near El Centro, California. First Solar will provide full Engineering, Procurement and Construction services on the project, employing its advanced thin film photovoltaic modules and single-axis tilt technology. The project sits on approximately 1,100 acres of previously disturbed land in Imperial County. Tenaska Imperial West is the second solar project in Southern California’s Imperial Valley developed, owned and managed by Tenaska. In November of 2013, First Solar completed construction on the 130MWAC Tenaska Imperial Solar Energy Center South power plant for Tenaska. First Solar has already started engineering and expects to begin construction later in 2014, with full commercial operation anticipated in 2016. San Diego Gas & Electric Company holds a 25-year power purchase agreement for all electricity generated by Tenaska Imperial West.
News For FSLR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 25, 2015
11:41 EDTFSLRSolarCity rises again after Chairman Musk buys shares
Subscribe for More Information
August 24, 2015
16:46 EDTFSLRPresident Obama announces new renewable energy commitments
Subscribe for More Information
11:09 EDTFSLRGoldman says SolarCity attractive after sharp pullback
SolarCity (SCTY) shares are climbing in the down market after Goldman Sachs contended in a note to investors today that the stock is attractive following its recent sharp retreat, The company probably won't be affected by issues that are causing investors to worry about the solar sector, the firm believes. WHAT'S NEW: Noting that SolarCity's stock had tumbled 27% in the last month before today's open, Goldman Sachs analyst Brian Lee wrote that the shares are being dragged down by worries about financing and cost of capital that are affecting the entire solar sector. However, he contended that these issues are having only a "limited" impact on SolarCity. On August 13, the company successfully sold asset-backed securities and it said that more such sales are likely to occur in the near-term, Lee noted. Meanwhile, SolarCity isn't being affected by the cost of capital increases that other solar companies are experiencing, the analyst reported. Before today's open, the stock was near a two year low, even though SolarCity's fundamentals are still "strong," Lee believes. Additionally, the largest U.S. solar trade show, which is expected to begin on September 14, could boost solar stocks, as it has historically been a catalyst for the sector, the analyst stated. SolarCity may provide guidance about the outlook for its Silevo solar panel manufacturing subsidiary in the second half of 2015, and the guidance could boost the stock, Lee believes. The risk/reward ratio of SolarCity's stock is positive, according to the analyst, who has a Conviction List Buy and $85 price target on the shares. OTHERS TO WATCH: Other publicly traded companies in the solar space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunEdison (SUNE), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). PRICE ACTION: In late morning trading, SolarCity advanced 5.3% to $43.18.
August 21, 2015
06:56 EDTFSLRSolar companies spending $1B in Texas projects, WSJ says
Subscribe for More Information
August 19, 2015
13:11 EDTFSLRCanadian Solar plummets after Q3 guidance, YieldCo comments
Subscribe for More Information
August 18, 2015
11:03 EDTFSLRSunEdison raises capital while Trina Solar tops expectations
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use