November 20, 2009 ndash; Analyst Comments ndash; Cowenrsquo;s Rob Stone weighed in on Trina Solarrsquo;s (NYSE:TSL) Q3 financial results, noting that he sees 80%+ upside in the stock relative to the market in 12 months, reiterating an OUTPERFORM rating. Q3 Results Trina Solar reported a 14.1 Y/Y decline in Q3 revenues to $249.7 million, up 66.5% over Q2, on shipments of 122.6MW, compared with 66.4MW in Q308 and 63.8MW in Q209. Gross margin was 28.5% in Q3, compared with 22.4% in Q308 and 27.4% in Q209. Net income in Q3 was $40.1 million, or $1.29 per diluted ADS compared with $32.1 million for the same period last year, and $18.9 million in Q209. Net margin was 16.1% in Q309. Manufacturing costs for module production declined to about $0.82/watt. The companyrsquo;s cash and equivalent position as of September 30, 2009 was $384.9 million. In terms of guidance, management expects to ship ...

NEW YORK, Sept. 9 /PRNewswire/ — The Ardour Global Alternative Energy Index(SM) (TICKER: AGIGL) will add seven new components, effective 6:00 PM (EDT) Sunday, September 20, 2009. Three stocks will be deleted from the index, changing the number of index components to 113. The changes result from the quarterly rebalancing of the index.

Additions to AGIGL are: Ballard Power Systems Inc. (TICKER: BLD CN); UQM Technologies Inc. (TICKER: UQM US); US Geothermal Inc (TICKER: HTM US); Rino International Corp. (TICKER: RINO US); OPCON AB (TICKER: OPCO SS); Franklin Electric (TICKER: FELE US) and Green Plains Renewable Energy (TICKER: GPRE US).

The deletions from AGIGL are: Conergy AG (TICKER: CGY GR); Ocean Power Technologies (TICKER: OPTT US) and Plug Power Inc. (TICKER: PLUG US).

A complete list of constituents and weights will be posted on the AGI family of alternative energy indexes web site, (http://ardour.snetglobalindexes.com/about_the_indexes.php).

The Ardour Global Alternative Energy Index(SM)

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In the race toward a green-powered future, there is one entrant that is surprisingly among the leaders – China. China has conquered a third of the world market for solar cells. China is also racing along a course to build 100 gigawatts of wind turbines by 2020, doubling again the global capacity for wind power, across vast stretches of Inner Mongolia and Xinjiang.

Whether China is going full speed ahead with their green agenda because it believes in global warming is irrelevant to investors. What investors do need to know is that China fears being caught short as the global scramble for diminishing resources begins in earnest. Therefore, they are very serious about green energy.

There have been two factors behind the recent, much-needed boost for the green energy industry. One has been the rebound in oil prices. Higher oil prices benefits clean energy companies by making them more competitive with conventional

...

On May 14th, I tweeted:Since then, Trina Solar is up 23%.Now I don't always have time for the "why" so I tweet some of my "Quick Picks". Now mind you, some of my picks won't work out so act responsibly and don't trade unless you are convinced. The Quick Picks are more of an idea rather than a trade so it should prompt you to look into the stock and do some analysis before you pull the trigger.If div class="feedflare" a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:XhI0_UKdTUU"img src="http://feeds.feedburner.com/~ff/StocksAdvice?i=Za6r8c4Hdrk:COzMwJk1Yfk:XhI0_UKdTUU" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/StocksAdvice?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/StocksAdvice?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/StocksAdvice?i=Za6r8c4Hdrk:COzMwJk1Yfk:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/StocksAdvice?d=qj6IDK7rITs" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/StocksAdvice?i=Za6r8c4Hdrk:COzMwJk1Yfk:gIN9vFwOqvQ" border="0"/img/a a href="http://feeds.feedburner.com/~ff/StocksAdvice?a=Za6r8c4Hdrk:COzMwJk1Yfk:dnMXMwOfBR0"img src="http://feeds.feedburner.com/~ff/StocksAdvice?d=dnMXMwOfBR0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/StocksAdvice/~4/Za6r8c4Hdrk" height="1" width="1"/

April 6, 2009 ndash; Analyst Comments ndash; Cowen amp; Companyrsquo;s Rob Stone weighed in on the solar sector industryrsquo;s outlook this morning cutting estimates again across his solar coverage on further erosion in ASPs, noting that Q1 results could put some pressure on the group. As he noted, this shouldnrsquo;t be too much of a surprise to anyone, as prices have been on a steady decline over the past few quarters. Stone accordingly made adjustments on all companies he is following including: Key Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Spot prices on poly have fallen to $80-$100/kg while wafers are about $1.20/watt. Module prices are $2.60 -$2.80, and Stone thinks prices could fall another 5% in Q2. Expect another round of inventory write-downs; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Climate Bill which could include a national renewable electricity standard of as much as 25% by 2025 could be a catalyst for solar, but it could take a while to ...

March 4, 2009 ndash; Analyst Comments ndash; Cowen amp; Companyrsquo;s Rob Stone weighed in on Trina Solarrsquo;s (NYSE:TSL) financial results reported yesterday, reiterating an OUTPERFORM, stating that the ldquo;shares will likely track the market near-termrdquo; but that at 0.5x book value, the stock looks pretty attractive. Trina closed at $6.51 yesterday. Financial Results Trina Solar reported 113.4% Y/Y revenue growth in Q4 to $216.3 million, gross margin of 9.6% and a net loss of $0.7 million, or $0.03 per ADS. Earnings were impacted by a non-cash inventory provision of $17 million. Solar module shipments were 57.59MW for the quarter, a Y/Y increase of 140.9%. For the FY08, it reported a 175.6% Y/Y increase in revenue to $831.9 million, gross margin of $19.8% and net income of $61.4 million, or $2.37 per ADS. Solar module shipments for the year were 201.01MW, a Y/Y increase of 164.8%. In terms of outlook for ...

Tuesday March 3, 2009 Navivest

Yesterday, the Dow Jones Industrial Average lost 299.64, to close at 6,763.29, an 11 year low. This came on the back of three straight down days, so now the running total is four straight down days on the Dow. At some point, that has to give.

We understand the economy is in shambles, to paraphrase Warren Buffet, and that this is a bear market, but we continue to maintain that we won’t see a straight line downwards. In other words, there will be bear market rallies, and we are expecting one today.

On the earnings front, there aren’t any companies reporting today that could bear on the markets. We do get earnings releases from Autozone (AZO), bond insurer MBIA (MBI), Chinese solar company, Trina Solar (TSL) as well as Xilinx (XLNX), but none of these should impact the markets either way.

The economic calendar is light,

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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

...

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:

...

January 26, 2009 ndash; Suntech Power (NYSE:STP) has seen its stock decline to $8.87 on Fridayrsquo;s close from $11.80 at the outset of this yearrsquo;s trading session and from the $50 level this time last year. In the past couple months the stock has been seemingly downgraded by the world, which has been warranted in light of erosion in the companyrsquo;s near term outlook. On Friday, although management said revenues for the Q4 would come in higher than previously guided, the Street focused on downbeat margin guidance of -1% to 2% for the period due to an inventory and impairment charge resulting in one-time charges of about $100 million. The question at this point is whether all of the bad news has been priced into the stock. Our FY08 revenue expectations for the company are on the low end of guidance at $1.91 billion, and our income expectations are $86.9 ...