One company that has been catching the eyes of investors due to their “Green Technology” is XsunX Inc. XsunX has become a leader in the solar energy field by using its thin-film photovoltaic process knowledge to revolutionize the solar industry by combining state-of-the-art, sophisticated, magnetic media thin-film manufacturing technologies used by the hard disc drive industry with proven thin-film photovoltaic processes.

With this technology in place, XsunX received a Speculative Buy Rating by Beacon Equity Research. In the report, the Beacon analyst writes how XsunX will compete in their field against such powers as Suntech Power Holdings and JA Solar Holdings, which trade on the NYSE and the NASDQ respectively.

The analyst discusses the advancement of XsunX by stating that “XSNX’s new technology may produce a replacement for silicon wafers – roughly 80% of solar panels are silicon-based – at half the cost. The Company’s CIGS wafers

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On Jul 29, China-based ReneSola Ltd. (SOL) celebrated the official opening and successful output of the first batch of polysilicon from its new facility in Sichuan Province, China.

The 3,000MT polysilicon facility successfully commenced trial production from the first phase in mid-July. The second and equal phase is expected to reach mechanical completion in September 2009.

ReneSola is engaged in the manufacture and sale of solar wafers and related products. Initially, the company also used to sell solar modules. However, in April 2006, the company discontinued the sale of solar modules and concentrated on solar wafers instead. Even in solar wafers, the company moved from its initial focus on manufacturing monocrystalline to producing multicrystalline wafers in the third quarter of 2007.

ReneSola is expected to release its earnings on Aug 17, before markets open. The Zacks Consensus Estimate calls for a loss of 6 cents per share.

The solar space has been

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China-based JA Solar Holdings Co., Ltd. (JASO) announced disappointing financial results for its 1st quarter of 2009 ended March 31, 2009.Revenue in the reported quarter was $33.9 million, a decrease of 79.4% from $164.2 million in the comparable prior year 1st quarter of 2008, and a decrease of 76.3% from $143.3 million reported for the sequential 4th quarter of 2008.Likewise, total gross loss in the reported quarter was $20.9 million, significantly down compared to a gross profit of $34.5 million in the year ago 1st quarter of 2008, and gross profit of $1.4 million in the sequential 4th quarter of 2008.Total operating expenses in the 1st quarter of 2009 were $7.4 million, compared with $10.6 million in the 1st quarter of 2008 and $19.1 million in the 4th quarter of 2008. Stock-based compensation charged to the income statement amounted to $7.9 million ...

The Dow has been on a mini-roll. Therefore, most investors are thrilled to see battered stock portfolios recover even a smidgen of their massive losses. The problem is that these investors aren’t paying attention to what’s happening elsewhere around the globe. And they may be missing out on the opportunity of the decade! That’s because the morsels of good economic news coming out of the U.S. are completely overshadowing what’s happening in Asia. China: A Bright Spot in the Region And the Global Economy Just last week, a new report from the World Bank painted a very pretty picture about the economies of China, the world’s third-biggest economy, and its Asian neighbors …...

Trina Solar is recognized as a solar pioneer since it was founded in 1997. Their products provide reliable and environmentally-friendly electric power  and their fourth quater revenues  are about to beat expectations.

This from the editors at Investment U:

In the news this morning, Trina Solar (NYSE: TSL) announced that fourth quarter revenues would beat expectations.

It’s an unexpected bit of data when many were starting to count the solar sector out – and not for good reason. After our last energy crisis, many alternative energy producers, like solar, were simply forgotten about when gas prices came back down.

With the average price per gallon at around $1.96, who could blame them if they expected the same thing to happen? But the interesting thing is that it hasn’t.

Trinity Solar follows news from Suntech Power (NYSE: STP), the world’s largest solar module producer, that it expects production

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Sun Still Shines on Trina Solar (TSL)

In the news this morning, Trina Solar (NYSE: TSL) announced that fourth quarter revenues would beat expectations.

It’s an unexpected bit of data when many were starting to count the solar sector out – and not for good reason. After our last energy crisis, many alternative energy producers, like solar, were simply forgotten about when gas prices came back down.

With the average price per gallon at around $1.96, who could blame them if they expected the same thing to happen? But the interesting thing is that it hasn’t.

Trinity Solar follows news from Suntech Power (NYSE: STP), the world’s largest solar module producer, that it expects production to increase – almost 60%. That’s quite the opposite of a drop-off. 

Granted, there are just as many solar losers, as winners. Canadian Solar (Nasdaq:

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Monday:Economic: NoneEarnings: American International Group (AIG), Carmike Cinemas (CKEC), Cinemark Holdings (CNK), Dish Network (DISH), Fuel Tech Inc (FTEK), Globalstar (GSAT), Nortel Networks (NT), Plug Power (PLUG), Sirius Satellite Radio (SIRI), Starbucks (SBUX), Tyson Foods (TSN), Virgin Mobile (VM)Tuesday:Economic: None (Veteran’s Day)Earnings: Brooks Automation (BRKS), Energy Solutions (ES), Fossil (FOSL), Liz Clairborne (LIZ), Microsoft (MSFT), Petroleo Brasileiro (PBR), TJX Companies (TJX), Tyco International (TYC), Vodophone Group (VOD)Wednesday:Economic: MBA Purchase Applications, ICSC-Goldman Store Sales, RedbookEarnings: Applied Materials (AMAT), Charlotte Russe Holding (CHIC), Computer Sciences Corp (CSC), Crocs Inc (CROX), ING Group (ING), JA Solar Holdings (JASO), Macy’s Inc (M), NetApp (NTAP), NetEase.com (NTES), The Progressive Corp (PGR)Thursday:Economic: International Trade ($-57.0B), Jobless Claims (482K), Treasury Budget ($-92.0B)Earnings: Biofuel Energy (BIOF), Clean Energy Fuels Corp (CLNE), Compugen (CGEN), Dr Pepper Snapple Group (DPS), Image Entertainment (DISK), Keynote Systems ...

Evergreen Solar Inc (ESLR), JA Solar Holdings (JASO) and SunPower Corp (SPWR) are all feeling the Lehman bankruptcy pain due to their share loans they had with the 'Look Ma, No Hands' global finance innovator. JA Solar and SunPower ...