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Towards a Better Solar Business Model

Small Cap Pulse (August 28th, 2009) Writes:
August 27, 2009 ndash; LDK Solar (NYSE:LDK) announced an agreement with Yancheng City of Jiangsu Province for the development of a number of PV projects (ground-mount, roof and BIPV) totaling up to 500MW over the next five years. And Canadian Solar (Nasdaq:CSIQ) said it has signed a LOI with the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone in Baotou, Inner Mongolia, for rights to design, install, operate and maintain a 500MW solar facilitynbsp; in Baotou. The three-phase project is expected to start in September 2009 and run through December 2011 (phase 1: 100MW; phase 2 and 3: 200MW). These announcements mark an important trend in the solar markets and one that we have been commentating on a lot lately ndash; the further move by midstream solar firms to vertically integrate downstream and even moving into operations of solar facilities. Cowenrsquo;s Raj Seth this morning commented on the ...

The Solar Industry Puzzle is Missing a Few Pieces

Andrew Snyder (June 16th, 2009) Writes:

The solar industry is taking a hit as Washington moves on to fight battles on Wall Street and in the healthcare sector. Many solar investors are wondering what happened. Is there still time to cash in your profits?

Hype helps and hype hurts. It is time to get ready for the pain.

After months of waiting for Obama’s “golden touch” to save Wall Street and the world, sentiment is turning against him and his plans.

The market is reacting sharply to the President’s moves today.

Investors woke to news of major Wall Street reforms coming later this week. As Washington tightens the screws on runaway prosperity, the average investor had better be prepared for less-than-stellar gains.

For my thoughts on the administration’s tweaking of the risk/reward system, see my earlier article.

But Obama likes to spread his attacks on multiple fronts. A divided enemy, he feels, is easier to defeat. By creating a buzz about

...

Renewable Energy Stocks Sector Close-Up on Solar Stocks, Solar Stocks Gain Friday; Leader Real Goods Solar (NASDAQ: RSOL)

Dawn Van Zant (June 8th, 2009) Writes:
POINT ROBERTS, WA - June 8, 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 June 5th. One of the notable leaders in the solar stocks group was Real Goods Solar (NASDAQ:RSOL) closed at$ 3.20, up $1.12 (53.85%).

Solar Stocks News: Real Goods Solar (NASDAQ:RSOL) to Install $30 Million Solar Power Program for Fremont Union High School District

Dawn Van Zant (June 5th, 2009) Writes:
CAMPBELL, Calif. -- June 5 -- Real Goods Solar (NASDAQ:RSOL) announced today it has signed a contract to design and install solar electric systems totaling 3.65 megawatts for the Fremont Union High School District in Sunnyvale, Cupertino and west San Jose, California.

Global Hunter’s Justin Cable Drops Altair and Lowers Price Target on Real Goods

Small Cap Pulse (March 12th, 2009) Writes:
March 11, 2009 ndash; Analyst Comments ndash; Global Hunterrsquo;s Justin Cable weighed in on Altair Nano (Nasdaq:ALTI) and Real Goods Solar (Nasdaq:RSOL) this afternoon, reiterating a SELL recommendation on Altair and a NEUTRAL rating on Real Goods. Altair reported FY08 revenues of $5.7 million, down from $9.1 million for FY07, and a net loss of $29.1 million, or $0.34 per share, compared to a net loss of $31.5 million, or $0.45 per share. Cash and cash equivalents as of December 31, 2008 were $28.1 million, and management expects to maintain a burn at about $1.62 per month going forward, which should take the company into the first half of 2010. Altair Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; With Q4 revenues were under $1 million and net losses which were $6 million, Cable noted surprise at the fact that Altairrsquo;s market cap is still $60 million; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Cable noted that there is some blue sky ...

Global Hunter’s Justin Cable Weighs in on Real Goods Solar (Nasdaq:RSOL) & Solar Power (OTCBB:SOPW)

Small Cap Pulse (November 11th, 2008) Writes:
November 11, 2008 – Analyst Notes – Global Hunter’s Justin Cable commented on financial results for Solar Power (OTCBB:SOPW) and Real Goods Solar (Nasdaq:RSOL), maintaining a neutral and $2.00 price target on Solar Power and a Neutral, with a lowered price target to $5.00 on Real Goods Solar. The stocks closed at $1.29 and $4.25, respectively, in yesterday’s session. Here are Cable’s takeaways: Solar Power – ·         Q3 revenues of $19.6 million beat previous Q3 revenue projection of $10.3 million. Revenues increased 135% Y/Y, driven by direct panel sales to third parties, but gross margins remain weak, at 9.5%; ·         FY08 guidance of $48 million led to adjusted estimates higher for Q408 and FY09, with projected profitability in the Q4, 2009; ·         $3 million in cash with existing cash burn remain a concern leading to maintained NEUTRAL rating. Real Goods Solar – ·         Q3 revenues of $10.3 million beat estimates ...

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