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Monday, March 31, 2008

Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch

Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch

Foreign Investment in Thin Film Solar Stock Attributed to Momentum

POINT ROBERTS, WA and DELTA, BC –March 31, 2008,, a leading investor news and research portal for the renewable energy sector within, presents a sector close- up on solar stocks following last weeks surge.

Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities attributed some of the momentum to thin film solar company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an additional 2,341,897 shares with gross proceeds to the company of approximately $28.4 million. He reports in an audio commentary, “With a weak dollar, foreign companies may be looking at some of these smaller solar stocks as extremely cheap investments in terms of future performance.”
Hear the full Audio commentary recorded March 28, 2008: Play:

Other factors in the solar stocks spike include earnings from Solarfun beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt installation.

Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin,” In my opinion, one of the primary reasons for this solar rally is really quite simple – NO MORE SELLERS were left to drive solar stock down any further. In his recent column he goes on to say, “Last week, seemingly out of nowhere, solar stocks literally exploded (up over 15% for the week) catching almost everyone by total surprise. The general market has recently been in turmoil over the housing crisis, the credit crunch and the looming fear of an impending recession; not exactly a general market environment conducive for rallies in any sector. But in spite of this bleak backdrop the solar sector roared ahead regardless.”

In terms of future success in the solar sector he reports he looks for companies that are “ vertically integrated in the traditional silicon segment, have cost effective thin film products or are in higher margin areas such as building integrated photovoltaics (BIPV). “

Lux Research forecasts a shakeout in the solar industry, “We project that the supply of solar modules will exceed demand in 2009, leading to falling prices and a shake-out among companies that aren’t prepared to thrive in this new environment – particularly crystalline silicon players that haven’t invested in new thin-film technologies.”

Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
“Thin film solar technologies offer opportunities to deliver the lower cost per watt. This is due to lower material costs, and the ability to scale and automate manufacturing processes. I believe that these are among the reasons that analysts anticipate greater compounded growth rates for thin films than other solar technologies.”

XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile:

Solar Stocks Explode to the Upside:

Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %

ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15

Average Performance 3/24/08 to 3/28/08 +15.53

Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8 and recently hosted an online investor conference, March 20, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar (NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the recent online Greentech Conference, in addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter Lynch .
J Peter Lynch’s online media presentation for March Online Conference:
Brian C. Yerger:
Akeena Solar:
Clear Skies Solar Inc:

About Our Green Investor Portals:® is one of several green investor portals within and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar showcase company and compensate the website $5000 per month.

For more information contact:

Dawn Van Zant 800.665.0411
Source:, XsunX


David Kam said...

The green energy sector is growing by leaps and bounds.

We are setting up North America's first social stock exchange connected to a green social network, called the Green Stock Exchange (GREENSX) at:, which will be launched in the Summer of 2008 to begin trading. It will trade shares in social businesses, including green energy stocks. A social business is a business that makes a profit, but benefits society as well. We have a triple bottom line (economic + social + environmental).

Since all the listed companies on the exchange are pre-screened, evaluated, and audited according to social and sustainable guidelines set by the exchange, it will make it much easier for green investors to find and support social businesses. The GREENSX provides opportunities for small green Issuers to access public equity capital efficiently, while providing early stage investors, angel investors, and venture capitalists with greater liquidity.

This includes a trading system for carbon credits.

It is now in the beta stage testing. Check it out at:

Anonymous said...

We have the knowledge. We have the technology. What we lack is a government who seems capable of devising , supporting, and implementing a plan to free us from our dependence on foreign oil. American's also on the other hand seem to have a very short attention span. Our economy is going down the tubes and fast. This isn't the first time, we have been there before. Our memory seems to blot that all out when fuel prices drop we waste no time wasting, producing, buying and using cars that get low mpg etc. Only when it truly hurts us in the pocketbook do we suddenly switch into our conservation mode. We need to be in this for the long haul, permanently and totally. We need to elect a president who will commit to rapid deployment of a plan of energy independence. We need to use every resource available to us to reduce consumption of fossil fuels. We need to take full advantage of natural energy sources such as wind power and solar power. We need to use our technological knowledge of hybrid cars, v2g technologies etc. They all play a vital role in reducing our dependence on foreign oil and improving our environment not to mention relieving our suffering economy.