Invest in Cleantech

Invest in Cleantech

Monday, July 30, 2007

Sector Close Up – Renewable Energy Stocks – Solar Stocks: First Solar, SunPower, Yingli Green Energy and Evergreen Solar Show Strong Gains

Evidence of Growth Seen through Expansion of Manufacturing Facilities, New Contracts and Additional Funding

POINT ROBERTS, Wash., Delta B.C., July 30, 2007 - InvestorIdeas.com, a leading global investor and industry research resource portal specialized in sector investing, issues Sector Close Up – Renewable Energy Stocks. As oil prices hold above $75 per barrel, renewable energy stocks are gaining momentum.

Evidence of growth is swarming the sector being led for the most part by solar stocks thanks to companies such as First Solar, Inc. (NASDAQ: FSLR), SunPower Corporation (NASDAQ: SPWR), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) and Evergreen Solar Inc. (NASDAQ: ESLR).

First Solar (NASDAQ: FSLR), the largest gainer in the solar market, has seen its share price increase a phenomenal 500% since it went public in November based on today’s close of $120.28. The company is positioning for additional growth, announcing that it is raising $1 billion in a secondary offering.

While solar is leading the way, other areas within the renewable energy industry are showing signs of significant growth. FPL Energy, a subsidiary of FPL Group Inc. (NYSE: FPL), despite revealing that poor wind conditions cut into profits by $50 million, has shown great confidence in wind energy as an alternative power source. The Company announced that it would add between 8,000 and 10,000 megawatts of wind power to its overall portfolio and use a diverse range of geographical locations to help offset the weather risks going forward. Investors seem to share the company’s optimism as shares of FPL were up nearly 5 ¼ % today.

FuelCell Energy Inc. (NASDAQ: FCEL), a manufacturer of ultra-clean power plants continues to expand, and recently announced $1.2 million in funding and scale-up approval for their Electrochemical Hydrogen Separation system, which separates hydrogen from a gas mixture while generating electricity enabling the extracted gas to be sold as fuel for hydrogen vehicles or for industrial uses.

Sector Close Up – Hot Renewable Energy Stocks
• FuelCell Energy Inc. (NASDAQ: FCEL) closed today’s trading at $7.49 up 4.17%.

• FPL Group, Inc. (NYSE: FPL), the U.S. leader in wind energy development and operations, traded up $2.87 today after their earnings report and wind expansion plans.

• First Solar, Inc. (NASDAQ: FSLR), showed a strong performance today up 8.66% or $9.59 closing at $120.28

• SunPower Corporation (NASDAQ: SPWR) closed up $4.50 to $72.34 a gain of 6.63% The company is in the midst of launching their new plant in the Philippines, a facility which has been recognized by the International Energy Agency for its superior energy-efficient design.

• Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) was up $6.39 for the day, closing at $18.16. The Company announced last week that it had completed of the first stage of its manufacturing expansion plan adding100MW of total production capacity of polysilicon wafers, PV cells and PV modules.

• Evergreen Solar Inc. (NASDAQ: ESLR) had a strong day up almost 6% to $8.65. The Company’s second quarter highlights include the raising of over $170 million in equity and the start of production at the second EverQ facility, Evergreen Solar's joint venture with Q-Cells AG and Renewable Energy Corporation ASA.

Green and Renewable Energy Stock Resources:
EnvironmentStocks.com - a leading global investor and industry research portal for the environmental and socially responsible investing sector

FuelCellCarNews.com® - a leading global investor and industry research portal for the fuel cell car sector

RenewableEnergyStocks.com® - a leading global investor and industry research portal for the environmental renewable energy sector including a list of ethanol stocks.
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3 comments:

JJ2000426 said...

Who SOLD OUT a piece of national treasure vital to our survival, to Russians, dirt cheap? On paragraph 4.

Watch out SWC on monday for earnings release after hour. Crooks knocked down SWC from $16.47 to $8.56 in less than 3 months, for no good reason. Maybe they want to sell the remainder to Russians cheap?

Deeply oversold, I expect a blowout SWC quarterly earning, and from here SWC MUST have a dramatic reversal and a great rally on the good earnings. Don't let go of the opportunity!

Gingersnap13 said...

Hey all…this is a little off the subject but I just found this brand new green and sustainable living concept on the market that was invented in Oregon. Have any of you heard about this? It’s called the NW Modern from ideabox and the man who created this home was also the brains behind the e-rated appliances, the predecessor to the Department of Energy’s Engery Star Program.

It's a sustainable and green in both building materials and construction. It’s the hippest and most resourceful thing I’ve seen since Bluetooth technology! This energy efficient pre-fab home is wrapped up in a cool, modern design that is actually affordable!

For the environmentally responsible consumer this cabin is cool and sleek. I mean we’re talking living large here in 400 sq. feet of luxury in a clever high end pre-fab home with a very intelligent design.

The research I’ve done shows that ideabox uses environmentally friendly products and construction with wireless technologies. Designed with the idea that you can live large in a small space, ideabox is attracting very posh customers. And hey…less can be more! My family is considering it for a vacation home on some land at the lake or the beach. Another thought I have is putting it on my property for when the kids come home. Once you’re in college, staying right with mom is tough. This way, they can have space but still be “home”.

Here is some more information I found on how environmentally friendly ideabox is…

· Wireless technology because power lines are SO last year.
· Standing seam metal roofing – sustainable and fire retardant
· Fiber-cement siding for low maintenance
· Galvalume corrugated metal siding for an industrial look and efficient construction.
· Bamboo flooring because it’s sleek and renewable
· Energy Star appliances and lighting for the best in energy efficiency
· Marmoleum countertops, made from renewable resources
· Fully insulated walls for maximum energy efficiency
· Energy-efficient ENERGY STAR labeled windows to regulate temperature
· Less than 2% construction waste because materials are ordered to size
· Low volatile organic compound paints for better, healthier indoor air
· Duo-flush toilets for water efficiency
· Day lighting; windows in all exterior walls and interior re-lite strategies
· Tankless water heaters to reduce electricity use

I haven’t seen anything like this before! Have any of you? If you want more information about these homes you can visit www.ideabox.us.

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