U.S. Alternative Energy Correspondent
Nichola's Feed
Feb 25, 2011

First Solar weakens sales forecast, stock drops

LOS ANGELES, Feb 24 (Reuters) – U.S. solar company First
Solar Inc (FSLR.O: Quote, Profile, Research, Stock Buzz) lowered the top end of its 2011 sales
forecast and said it cut prices in anticipation of solar
subsidy cutbacks that could hamper demand in Europe, and its
stock fell 3.8 percent after hours.

The world’s biggest solar company by market value, First
Solar is creating a pipeline of solar power projects around the
world as a channel for its cadmium telluride panels, which are
the cheapest in the industry.

Feb 22, 2011

JA Solar, Trina results soar; JA margins disappoint

LOS ANGELES, Feb 22 (Reuters) – Chinese solar equipment
makers JA Solar Holdings Co Ltd (JASO.O: Quote, Profile, Research, Stock Buzz) and Trina Solar Ltd
(TSL.N: Quote, Profile, Research, Stock Buzz) reported sharply higher fourth-quarter earnings and
revenue on Tuesday, but increased raw material costs pressured
JA Solar’s gross margins and sent its shares down more than 7
percent.

The companies also said shipments would jump at least 50
percent in 2011, and Trina’s stock rose more than 1 percent.

Feb 17, 2011

SunPower raises forecasts, shares surge 6 percent

LOS ANGELES (Reuters) – Solar power company SunPower Corp posted better-than-expected earnings and raised its forecast for the current quarter and year on strong demand in both its rooftop and power plant businesses, pushing the company’s shares up more than 6 percent.

SunPower, which makes solar panels that turn sunlight into electricity and also builds solar power systems, said its order books are already full for the year due to a pipeline of projects in the United States and Italy.

Feb 17, 2011

EnerNOC: Grid operator wants power cuts for free

LOS ANGELES (Reuters) – Energy monitoring and efficiency company EnerNOC Inc said it never engaged in a practice known as double counting as it looked to assuage investor concerns that have sent its stock down nearly 20 percent in the last week.

EnerNOC executives, on a conference call with analysts, disagreed with grid operator PJM’s allegations of double counting, saying the issue was that PJM was not willing to give customers credit for reducing power usage beyond their agreed-upon amount.

Feb 16, 2011

Tesla net loss widens as revenue nearly doubles

LOS ANGELES, Feb 15 (Reuters) – Electric car maker Tesla
Motors Inc (TSLA.O: Quote, Profile, Research, Stock Buzz) on Tuesday reported a wider quarterly net
loss as higher expenses for research, development, sales and
marketing offset a 95 percent surge in revenue.

The company’s net loss was $51.4 million, or 54 cents per
share, for the fourth quarter ended Dec. 31, compared with a
net loss of $24.2 million, or $3.43 per share, in the same
quarter a year earlier.

Feb 15, 2011

Solar earnings may show demand fears are overblown

FRANKFURT/LOS ANGELES (Reuters) – Solar power companies are likely to surprise investors this earnings season with bright outlooks for 2011 as Italy and the United States ratchet up demand for panels following a cut in government support in the world’s largest solar market, Germany.

Fears of a deep regulatory overhaul in Europe have overshadowed solar stocks in recent months, pressuring valuations as investors fretted that subsidy cuts in Germany, France and other markets would cause an oversupply of solar panels that would send panel prices down dramatically and hurt manufacturers’ profits.

Feb 14, 2011

EnerNOC says broke no rules, shares slide again

NEW YORK/LOS ANGELES, Feb 14 (Reuters) – Electricity
demand-response company EnerNOC Inc (ENOC.O: Quote, Profile, Research, Stock Buzz) sought to dispel
concerns it had wrongly booked power savings, saying it was
“fully deserving of all payments” for its services, but its
shares extended their losses on Monday.

The company also said the abrupt departure of Chief
Operating Officer Darren Brady last week was unrelated to a
statement by grid operator PJM that accused companies of double
counting their power savings.

Feb 2, 2011

Analysis: LEDs companies’ rally dims as China beckons

LOS ANGELES (Reuters) – LED makers have defied the post-crisis market turmoil with off-the-charts share price gains reminiscent of the dot-com boom.

Now, the sudden rise of dozens of government-backed Chinese competitors threatens to steal the thunder of market leaders just as a global transition to super-efficient lighting gets under way.

Jan 25, 2011

Sulfurcell gets $25 million from Intel Capital and others

LOS ANGELES (Reuters) – German solar start-up Sulfurcell raised $25 million from Intel Capital and other investors to fund the development and production of its higher-efficiency solar cells.

The Berlin company is one of many small solar companies that make panels out of copper, indium gallium selenide (CIGS) cells instead of the polysilicon cells used in most solar equipment. CIGS cells are less efficient at turning sunlight into electricity, but cost less to manufacture.

Jan 24, 2011

Sulfurcell gets $25 mln from Intel Capital, others

LOS ANGELES, Jan 24 (Reuters) – German solar start-up Sulfurcell raised $25 million from Intel Capital and other
investors to fund the development and production of its
higher-efficiency solar cells.

The Berlin company is one of many small solar companies
that make panels out of copper, indium gallium selenide (CIGS)
cells instead of the polysilicon cells used in most solar
equipment. CIGS cells are less efficient at turning sunlight
into electricity, but cost less to manufacture.