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Akeena Solar Inc. (AKNS) Posts Q3 Results, Increase in Residential Solar Installations

QualityStocks (October 23rd, 2009) Writes:

Akeena Solar Inc., a leading designer and installer of solar power systems in the United States, yesterday posted its third-quarter results for the three months ended September 30, 2009, reflecting growth and continued demand in residential applications.

The company reported net sales at $7.7 million as compared to $10.6 million for the same quarter last year, up from $5.9 million in the second quarter of 2009. The company attributes the year-on-year decline to the credit crunch and global overbearing economic conditions. However, the increase in net sales from the second quarter reflects higher residential sales.

“Our third-quarter results demonstrate the growing demand for residential solar installations and the improving leverage in our business model,” Barry Cinnamon, president and CEO of Akeena Solar stated in the press release. “The benefits of our differentiated Andalay panels and lower Andalay installation costs drove gross margin to 24.7%, double last year’s level, and

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The Sun is Rising

QualityStocks (August 27th, 2009) Writes:

Most people associate solar power with photovoltaic cells used to generate electricity, or perhaps solar water heaters, or even large solar power plants, where the heat of the sun is used to produce steam which runs turbines to produce electricity. It’s easy to forget that most other energy sources also trace back to the sun.

The simplest of fuels, wood, is produced when trees capture the sun’s energy to build the hydrocarbons necessary for growth. Fossil fuels come from buried organic matter produced ages ago from ancient plants that also depended upon the sun. Wind energy comes from the sun heating up the atmosphere creating convection currents. Hydropower comes from the sun’s energy evaporation of sea water, carrying it into the sky where it later falls as rain, generating power as it falls back to the sea. In fact, with the exception of nuclear power and geothermic power, all our

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Akeena Solar Scheduled to Report Second Quarter 2009 Results

Dawn Van Zant (July 9th, 2009) Writes:
LOS GATOS, Calif. - July 9, 2009 - Akeena Solar, Inc. (Nasdaq:AKNS), a leading designer and installer of solar power systems, will announce its second quarter 2009 financial results on Thursday, July 30, 2009.

Solar Stocks Sector Close-Up – Akeena Solar, Inc. (Nasdaq:AKNS), Ascent Solar Technologies, Inc. (NASDAQ:ASTI), XsunX, Inc. (XSNX.OB)

Dawn Van Zant (July 9th, 2009) Writes:
POINT ROBERTS, WA - July 9, 2009 - www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks trading as of July 9, 2009 with news from Akeena Solar, Inc. (Nasdaq:AKNS), Ascent Solar Technologies, Inc. (NASDAQ:ASTI), XsunX, Inc. (XSNX.OTCBB).

SmallCapSentinel.com: Report Released for Investors of Clean and Alternative Energy Equities GWSC, AKNS, CLNE, FLIR, QTWW, RZ, XWES

Stuart Smith (July 6th, 2009) Writes:

LAS VEGAS, July 6 /PRNewswire/ — SmallCapSentinel.com announces the release of a profile featuring emerging solar company GWS Technologies (OTC Bulletin Board: GWSC) and of interest to investors of Clean and Alternative Energy leaders Akeena Solar, Inc. (Nasdaq: AKNS), Clean Energy Fuels Corp. (Nasdaq: CLNE), FLIR Systems, Inc. (Nasdaq: FLIR), Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), Raser Technologies, Inc. (NYSE: RZ), and World Energy Solutions, Inc. (Nasdaq: XWES).

Also of interest is the essay, ‘Investing in the Clean Energy Bill’ at:

http://www.smallcapsentinel.com/CleanEnBill

The report on GWS Technologies, Inc. is available at:

http://www.emergingmarketsllc.com/profiles.php?ID=greenwindsolar.php

From the report: GWS stands for GreenWindSolar (OTCBB:GWSC), an alternative energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Its products and solutions are part of the new ‘microgeneration’ movement that is transforming the way everyday people provide for their energy needs. Everyone wants

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Good News for Solar Stocks

Sean Brodrick (September 24th, 2008) Writes:

US Senate Passes Solar Tax Credit BillEnergy Conversion Devices, Evergreen Solar Inc. and Akeena Solar Inc. surged after the U.S. Senate passed a bill that would extend tax credits on solar power installations through 2016.

Akeena Solar Inc. (AKNS) Reports Prospect of Profitability by End of 2009, Wary of Tax Incentive Non-Renewal at 2008 End

QualityStocks (August 22nd, 2008) Writes:

In a certain sense, the search for alternative energy investments is becoming commonplace. Solar power, wind energy and biofuels are regular concepts and words in the average investor’s lexicon. As companies enter and establish themselves in the marketplace, many are starting to get near profitability and their place in the energy matrix. Where once it may have been a bit more speculative to invest in renewable sources of energy, all an investor needs do today is find a renewable energy provider and perform regular due diligence. Many alternative energy companies are ready to profit; an investor just needs to look more closely to find the one that is best.

Akeena Solar Inc., a solar power system panel designer and installer, works to design and install solar power systems for high-end residential and mid-sized commercial properties. The company is national in scope with operations serving the California, New York, New Jersey, Connecticut

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