For Immediate Release

Chicago, IL – November 5, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Alternative Energy sector, including Evergreen Solar Inc. (ESLR), JA Solar Holdings Co Ltd. (JASO), A-Power Energy Generation System (APWR), LDK Solar Company Ltd. (LDK) and First Solar Inc. (FSLR).

A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/26898/Alternative+Energy.

Alternative energy stock prices generally rise and fall in direct proportion to the price of crude oil. While in times of high oil prices this may present an opportunity, it also increases volatility in the sector.

Industry-wide excess solar cell and module capacity have led to stockpiling across the board. As a result, we think the performance of companies such as Evergreen Solar Inc. (ESLR), JA Solar Holdings Co

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OUTLOOK The Alternative Energy industry is going through a recovery after absorbing the global recession and the cascading fall in global crude oil prices. Earlier this year, quite a few alternative energy companies were in the trough. Though these companies have recovered from their lows, their valuations are still significantly lower than their 52-week highs. The growth of alternative energy companies is closely tied to the fortunes of the economy. In its latest release, the Energy Information Administration (EIA) predicted that total U.S. electricity consumption will decline by 3.3% in 2009 before growing by 1.3% in 2010 as the improving economy coaxes a gradual recovery in electricity sales. In fiscal 2008, annual U.S. photovoltaic (PV) installed capacity grew by 63% year-over-year, bringing the cumulative installed capacity to 792MW. According to the Solar Energy Industries Association (SEIA) -- the U.S. trade association representing close to 500 companies ...

SunPower Corporation (SPWRA) has reported third quarter earnings of 28 cents per share, a penny above the Zacks Consensus Estimate of 27 cents. However, the company trimmed its outlook for fiscal 2009. The company revised its revenue guidance for fiscal 2009 to be in the range $1.43 - $1.5 billion from the earlier guidance range of $1.35 - $1.7 billion. Likewise, the company revised its earnings of share (EPS) guidance range for fiscal 2009 to 50 - 60 cents from earlier guidance range of 45 - 90 cents. SunPower’s top line rose to $466 million in the quarter from $298 million in the second quarter of 2009 and $378 million in the third quarter of 2008. In the reported quarter, its Components and Systems segments generated 64% and 36% of revenues, respectively. In the reported quarter, SunPower reported GAAP gross margin of 19.1% and operating income ...

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Saturday September 26, 2009

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FORMCAP CORP (PINKSHEETS:FRMC) announced today that it has received a letter from Morgan Creek Energy Corp terminating the Option Agreement between FormCap Corp and Morgan Creek Energy Corp. on the Frio Draw Prospect in New Mexico. ACM Managed Dollar Income Fund, Inc. (”ACM Managed Dollar”; NYSE: ADF) announced today that the acquisition of the assets and the assumption of the liabilities of ACM Managed Dollar by AllianceBernstein Global High Income Fund, Inc. (”Global High Income”; NYSE: AWF) (the “Acquisition”) took

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Public Service Enterprise Group Inc. (PEG) through its subsidiary PSEG Solar Source will develop three large-scale solar power projects with a cumulative total capacity of approximately 29.2MW. The three solar projects entailing an investment of approximately $100 million from Public Service will be located in Florida, Ohio and New Jersey. The three projects will utilize 380,000 solar thin-film panels sourced from First Solar Inc. (FSLR). The company expects the projects to be operational by the end of fiscal 2010. The projects will be developed in close collaboration with Juwi solar Inc. Based in Boulder, CO – Juwi solar is a privately-held solar energy generation company which will provide the engineering, procurement, construction and initial operation and maintenance services for the projects. However, ownership of the projects will lie with PSEG Solar Source. Public Service in recent times is focusing on the solar space in ...

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Thursday September 3, 2009

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NXT Nutritionals Holdings, Inc. (OTCBB: NXTH) developer and marketer of SUSTA(TM) Natural Sweetener, the great tasting, all-natural, healthier sweetener, and SUSTA(TM)-based food and beverage products, today announced it has retained Stern & Co. to launch a nationwide media campaign to introduce SUSTA(TM) and to provide media relations/public relations counsel.

First Solar, Inc. (Nasdaq:FSLR) today announced that Robert J. Gillette has been appointed chief executive officer, succeeding Mike Ahearn. Mr. Gillette brings a wealth of experience to this position, having spent the last four and a half years as the CEO and president of Honeywell

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First Solar (Nasdaq: FSLR): Stock of the Day

by David Fessler, Advisory Panelist

Competition – as I used to say to my sales force – has a way of keeping competitors honest. The real beneficiary of a healthy business duel, however, is the customer. Particularly when the competition gets down to price.

Nowhere is that more apparent right now than in the solar energy industry. Over the past few weeks, solar panel and module prices have been dropping through the floor. The reason can be summed up in just one word: China.

Executing a strategy not unlike the Japanese car companies did back in the 1970’s and 1980’s, Chinese solar panel manufacturers are selling solar panels for less than it costs to make them.

Suntech Power Holdings (NYSE: STP) and Yingli Green Energy Holding Company, Ltd. (NYSE:YGE)

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Genworth Financial Inc. (GNW) second-quarter loss narrowed as the company reported sharply smaller investment losses. GNW shares fell 6.5% at $6.65 in after-hours trading as earnings excluding investment impacts were far below analysts’ expectations, giving back the stock’s regular session gains.

First Solar, Inc. (FSLR) second-quarter profit more than doubled on higher revenue and margins. First Solar shares 4.8% to $181.95 in after-hours trading as results topped analysts’ estimates. Evergreen added 7.5% to $2.20.

(NVTL) Novatel Wireless shares rose 13% to $10.50 after the company reported second-quarter revenue above Wall Street expectations.

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more) Rule 17B

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TEMPE, Ariz. - July 30 2009 - First Solar, Inc. (Nasdaq: FSLR) today announced its financial results for the second quarter ended June 27, 2009.

SunPower Corporation (SPWRA) showed signs of revival in the second quarter results. Sales of $298 million beat sequential number by about 39% and crossed the consensus expectation by $34 million.  EPS of $0.24 during the quarter almost doubled the Street apprehension of $0.14. SunPower also improved the upper end of its revenue outlook for 2009 to $1.35 billion – $1.7 billion from $1.3 billion – $1.7 billion. We expect the company to cross the $1.3 billion mark with EPS of $0.68 in fiscal 2009.  Revenues got a 75% lift sequentially in the Components segment along with stable Systems segment. The Components segment got a strong headwind from the Residential and Light Commercial customer segments, especially from North America and Germany.  SunPower more than doubled its cash hoard through the issue of equity and convertible debt in May 2009. Sequential cash balance rose to nearly $456.8 ...