TORONTO, ONTARIO and SAN JOSE, CALIFORNIA - November 20, 2009 - Etrion Corporation (TSX:ETX), a Canadian energy company, and SunPower Corp. (NASDAQ:SPWRA)(NASDAQ:SPWRB), a US-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced an agreement to build four solar power plants

Canadian energy company Etrion Corporation (TSX: ETX) and U.S.-based solar manufacturer SunPower Corp. (NASDAQ:SPWRA) (NASDAQ:SPWRB) today announced an agreement to build four solar power plants in the Puglia region of southern Italy.

SunPower has more than 500 megawatts of solar power plants installed or under contract around the world, including Italian power plants in Milan and Faenza. In regards to today’s announced projects, SunPower is responsible for the design and construction of the plants, and will provide operations and maintenance services as needed.

Entrion’s CEO Marco Northland said SunPower’s market experience will enable the companies to meet their goals and finish the projects.

“Solar power generation will play an increasingly vital role in our efforts to build more renewable, clean energy sources. SunPower’s experienced approach to solar power plant design and construction will allow us to quickly and reliably complete these important projects,” Northland stated in the press release.

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With the announcement that it intends to build the world’s largest solar power plant, China is rapidly evolving into the world’s largest market for solar energy. And with heavy government backing, Chinese solar companies are quickly becoming global leaders.

Fast-growing industry and a reliance on coal-fired power plants turned China into the world’s largest emitter of greenhouse gas a few years ago. Clouds of smog far thicker than that of Los Angeles hang over many of its cities and much of the water is densely polluted. But that’s something the central government aims to change.

China plans to reduce energy consumption per unit of its gross domestic product (GDP) by 20% of 2005 levels by the end of next year. It’s more immediate goal is to reduce reliance on coal-fired plants to 60% of its energy production from 70%, and replace with renewable energy sources like wind and solar.

Since 2007, about 54

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May 20 2009 -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the latest version of the SunPower 315 Solar Panel, the planet's most powerful solar panel for the residential and commercial markets.

For Immediate Release

Chicago, IL - May 13, 2009 - Zacks Equity Research picks SunPower Corp. (SPWRA) as Bull of the Day and Salix Pharmaceuticals (SLXP) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on Acadia Pharmaceuticals (ACAD), Biovail (BVF) and Allergan (AGN).

Full analysis of all these stocks is available at: http://at.zacks.com/?id=2678

Bull of the Day

SunPower Corp.'s (SPWRA) geographically diversified fortunes appear greener given the very high growth potential in the alternative energy industry -- specifically solar power energy, higher captive generation of panels, rising average conversion efficiency, declining silicon cost and assured silicon supply.

In addition, U.S. RPS requirements, the stimulus plan and an ITC grant will keep the growth story intact. In the short run, however, performance will be affected by tepid demand resulting in lower ASPs leading to higher inventory levels.

Accordingly, with a hybrid outlook

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SunPower Corp.'s (SPWRA) geographically diversified fortunes appear greener given the very high growth potential in the alternative energy industry -- specifically solar power energy, higher captive generation of panels, rising average conversion efficiency, declining silicon cost and assured silicon supply.

In addition, U.S. RPS requirements, the stimulus plan and an ITC grant will keep the growth story intact. In the short run, however, performance will be affected by tepid demand resulting in lower ASPs leading to higher inventory levels.

Accordingly, with a hybrid outlook and growth, we maintain our BUY recommendation on SPWRA common stock with a six-month target price of $33.50. Price appreciation to our near-term target price represents 21.0% upside potential.Zacks Investment Research

SunPower Corp. (SPWRA) announced financial results for its 2009 1st quarter which ended March 29, 2009.Revenue for the reported quarter was $214 million, compared to revenue of $401 million in the 4th quarter of 2008 and $274 million in the year-ago quarter. The Components and Systems segments each accounted for 50% of reported quarter 2009 revenue.On a GAAP basis for the reported quarter, SunPower reported gross margin of 22.3%, an operating loss of $2.5 million and a net loss per share of ($0.06). GAAP net loss per share for the 1st quarter of 2009 includes a $5.0 million expense, or $0.06 per share, for non-cash charges related to adoption of new FASB accounting rule FSP APB 14-1.On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets of $4.1 million, stock-based compensation of $9.5 million and non-cash interest expense ...

SunPower Corp. (SPWRA) fell 2% today on high volume of 3.7 million, against the average of 2 million.

SunPower cut its 2009 earnings guidance to a range of $1.25 to $1.75 per share, down from its March forecast of $2.20 to $2.80. It expects revenue between $1.3 billion and $1.7 billion.

The full-year average earnings estimate now stands at $1.58 per share, down from a 2 month-ago level of $1.86.

The company missed estimates in its first quarter by 100%. Revenue for the quarter declined 22% to $213.8 million.

SunPower is a Zacks #5 Rank ("Strong Sell") stock.

"SPWRA" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

AerCap Holdings NV (AER) Ametek Inc (AME) AptarGroup Inc (ATR) CKE Restaurants Inc (CKR) Frontline Ltd (FRO) Greenhill & Co Inc (GHL) II-VI Inc (IIVI) International Game Technology (IGT) KVH Industries Inc (KVHI) LeapFrog Enterprises Inc (LF) NCR Corp (NCR) Old Dominion Freight Line (ODFL) Penn Virginia GP Holdings LP (PVG) Stanley Furniture Company Inc (STLY) Strattec Security Corp (STRT) SunPower Corp (SPWRA) Transocean Ltd (RIG) Twin Disc Inc (TWIN) View the entire Zacks #5 Rank List.

Zacks Investment Research

JUNO BEACH, Fla -- April 23 2009 -- FPL Group (NYSE: FPL) and Silicon Valley's SunPower Corp. (NASDAQ: SPWRA) (NASDAQ: SPWRB) today announced a supply agreement for SunPower's high-efficiency solar panels and its SunPower Tracker technology beginning in 2010 through 2012.