Clear Skies Solar Shines on Planet Green's Greenovate Program
NEW YORK, Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of turnkey solar electricity installations and renewable energy solutions, will shed light on the many benefits of solar energy on Planet Green’s new Greenovate program Saturday, June 7 – only days after the launch of the network itself.
The documentary-style show follows “greenovators” – or homeowners – as they make their houses environmentally friendly by implementing “green” designs and features from energy efficient appliances to residential-scale photovoltaic systems.
The episode followed Clear Skies Solar as they, in fewer than four hours, installed a residential solar system, which included upgrading the existing service panel from 100 amps to 200 amps in order to accommodate the new system.
Ezra Green, Chief Executive Officer and Chairman of Clear Skies Solar (CSS) is featured in the episode as a solar energy expert explaining to viewers, while perched atop the homeowner’s roof, the many financial and environmental benefits of solar power, including the homeowner’s anticipated annual savings of nearly 40% on energy bills.
“CSS’s participation in this project was truly exhilarating,” said Green. “It was a privilege to work with such a highly-revered company as Discovery Corp. to produce this forward-thinking show for such a unique and pioneering channel as Planet Green. We’re proud to be a part of this network in its infancy and hope all the viewers enjoy this episode as much as we enjoyed participating in it.”
This episode of Greenovate first premiered on The Learning Channel (TLC) last month as a teaser for Planet Green, the first and only 24-hour eco-lifestyle network launching this week (Wednesday, June 4).
“In addition to supporting the movement among homeowners transitioning from traditional energy to solar energy, our intention with Greenovate was to also educate Americans on the infinite benefits of this energy option,” added Green.
To view Clear Skies Solar in the upcoming Greenovate episode tune in on Saturday, June 7. Find your local area listing at http://planetgreen.channelfinder.net/.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
for Clear Skies Solar
Avalanche Strategic Communications
Laura Finlayson, 201-488-0049 (Media Inquiries)
laura@avalanchepr.com
or
PR Financial Marketing
Jim Blackman, 713-256-0369 (Investor Relations)
jim@prfmonline.com
Source: Clear Skies Solar, Inc.
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Showing posts with label solar technology. Show all posts
Showing posts with label solar technology. Show all posts
Tuesday, June 3, 2008
Wednesday, May 14, 2008
Sector Close-Up on Solar Stocks; J.Peter Lynch Reports, “Solar Stocks have Surprised the Street and Beaten Estimates, Some by a Wide Margin”
Renewable Energy Stocks Sector Close-Up on Solar Stocks; J.Peter Lynch Reports, “Solar Stocks have Surprised the Street and Beaten Estimates, Some by a Wide Margin”
Canadian Solar Inc. Leads Sector with Earnings Report and Robust Market Demand for Products
POINT ROBERTS, WA and DELTA, BC—May 14, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, presents a sector close-up on recent developments and trends in the solar industry and related solar stocks. Insight and commentary features: Canadian Solar Inc., Clear Skies Solar, Inc. (OTCBB: CSKH), XsunX Inc. (OTCBB: XSNX), J.Peter Lynch and Dr. Robert Wilder, CEO and Founder of The Wilderhill Clean Energy Index.
Solar Stocks Sector Close-Up:
*As of May 13, 2008
Canadian Solar Inc. was up $6.68 (19.59%) on reported preliminary unaudited US GAAP financial information for the first quarter ended March 31, 2008. Net revenues for the quarter were $171.2 million (including $2.2 million of silicon material sales), compared to net revenues of $17.5 million for the first quarter of 2007 (including $2.8 million of silicon materials sales) and $127.5 million for the fourth quarter of 2007 (including $2.4 million of silicon materials sales). Net income for the quarter was $19.0 million, or $0.61 per diluted share, compared to a net loss of $3.9 million, or $0.14 per diluted share, for the first quarter of 2007 and net income of $5.9 million, or $0.21 per diluted share, for the fourth quarter of 2007.
In a press release issued by the company, Dr. Shawn Qu, Chairman and CEO, commented,
" Our impressive performance in the first quarter was due to a result of robust market demand for our products, strong pricing, effective management of foreign exchange exposure, strong operational execution of our flexible vertical integration business model, and our balanced supply strategy, which allowed us to increase our product delivery despite a general market shortage of silicon materials.”
The Claymore/MAC Global Solar Energy ETF that tracks an index of 25 global solar companies was up $0.84 (3.16%) as of the end of trading.
Dr. Robert Wilder, CEO and Founder of the Wilderhill Clean Energy Index noted, “A couple of fairly different, conflicting factors are impacting solar power right now: in Europe the ongoing demand from Germany plus more recent entrants like Spain are helping push sales globally. On the other hand looking at the domestic picture, a key Federal tax credit for wind and solar that probably should have been passed in the U.S. some months ago has continued to be held up. Here the Bush Administration has opposed allowing the subsidies now given to oil, to instead be switched to renewables. So companies exporting solar panels from low-cost regions like China, to high demand Europe are faring rather well. By contrast the U.S., which once was the global leader in solar power continues to face headwinds with our domestic manufacturers finding better growth in technological innovation areas like thin films. There is some hope however that more favorable State policies, such as in California will begin to be embraced next year in a faster-evolving Federal solar policy at the national level. “
The Wilderhill Clean Energy Index was up $5.08 (2.30%) at the close May 13, 2008.
Tom Djokovich, CEO, of California based XsunX, Inc.(OTCBB: XSNX) reports , “This year we began executing plans developed last year, to build a thin film amorphous solar module manufacturing facility. Recently we secured a 90,000 sq. ft. facility in Portland OR, to house our first 25MW with over $1 million of nearly new manufacturing support infrastructure in place, and we’re working to finalizing several important material supply contracts. While we’ve been working to get our commercial production ready for first quarter 2009 it appears that the industry has begun to take notice of the superior solar absorbing qualities of amorphous silicon. Several other companies have begun announcing their move towards amorphous and I believe that this lends credibility to the path we have taken.”
CEO Ezra Green, provides insight from his solar company with, “At Clear Skies Solar (OTCBB:CSKH) we're seeing an increase in inquiries and business not only from large US Corporations who are looking for ways to minimize utility expenses, but also from countries such as Spain and Greece and developing countries like India seeking viable energy solutions. We are even being approached by commercial farmers trying to reduce their carbon footprints. In addition, with our own internal research and development department, we're also able to keep ahead of the curve in providing innovative technologies for solar energy users. Clear Skies Solar's XTRAX®, which delivers reliable autonomous data readings for solar energy systems around the United States, is just one example of the innovative new products we are bringing to market.”
Clear Skies Solar (OTCBB: CSKH) closed up 14.81 % at market close.
According to solar expert J.Peter Lynch, “Solar Stocks have again surprised the street and beaten estimates, some by a wide margin. I do expect that the industry will see some margin pressures in 2009, but for now solar stocks have regained momentum and are for the most part technically strong.”
“As you can see from the table below. Most of the stocks are above their short- term technical support (50 -day moving average) as well as, their longer term technical support (200 -day moving average). Momentum is strong and they appear to be coming back from their recent correction.”
US Photovoltaic Related Stocks:
*As of Market data May13, 2008
Name Recent Price 50 Day MA 200 Day MA
Akeena Solar, Inc. 5.2 6.658 6.797
Ascent Solar Technologies, Inc. 15.26 14.285 15.146
Canadian Solar Inc. 34.1 23.652 17.026
China Sunergy Company Ltd. 9.94 8.196 9.141
Distributed Energy Systems Corp. 0.44 0.478 0.601
DayStar Technologies Inc. 4.04 3.188 4.09
EMCORE Corporation 6.92 7.425 9.659
Energy Conversion Devices Inc 51.62 31.343 28.395
Evergreen Solar, Inc. 8.21 9.191 10.81
First Solar, Inc. 284.84 249.255 188.353
JA Solar Holdings Co., Ltd 22.1 19.963 17.732
LDK Solar Company Ltd. 37.46 29.619 40.254
ReneSola, Ltd. (United Kingdom) ADR 18.83 13.125 12.733
Solarfun Power Holdings Co. 14.94 12.925 15.319
Spire Corporation 13.71 14.753 15.806
Sunpower Corporation 84.4 78.013 89.574
Suntech Power Holdings 41.6 40.976 50.162
Trina Solar Limited 41.6 36.584 44.772
MEMC Electronic Materials, Inc. 67.44 74.049 70.417
Yingli Green Energy Holding Company Limited 22.58 19.429 24.074
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB: CSKH) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company: XsunX Inc.(OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.xsunx.com/.
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. Disclosure: XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: Investorideas.com, RenewableEnergyStocks.com, XsunX, Clear Skies Solar
Canadian Solar Inc. Leads Sector with Earnings Report and Robust Market Demand for Products
POINT ROBERTS, WA and DELTA, BC—May 14, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, presents a sector close-up on recent developments and trends in the solar industry and related solar stocks. Insight and commentary features: Canadian Solar Inc., Clear Skies Solar, Inc. (OTCBB: CSKH), XsunX Inc. (OTCBB: XSNX), J.Peter Lynch and Dr. Robert Wilder, CEO and Founder of The Wilderhill Clean Energy Index.
Solar Stocks Sector Close-Up:
*As of May 13, 2008
Canadian Solar Inc. was up $6.68 (19.59%) on reported preliminary unaudited US GAAP financial information for the first quarter ended March 31, 2008. Net revenues for the quarter were $171.2 million (including $2.2 million of silicon material sales), compared to net revenues of $17.5 million for the first quarter of 2007 (including $2.8 million of silicon materials sales) and $127.5 million for the fourth quarter of 2007 (including $2.4 million of silicon materials sales). Net income for the quarter was $19.0 million, or $0.61 per diluted share, compared to a net loss of $3.9 million, or $0.14 per diluted share, for the first quarter of 2007 and net income of $5.9 million, or $0.21 per diluted share, for the fourth quarter of 2007.
In a press release issued by the company, Dr. Shawn Qu, Chairman and CEO, commented,
" Our impressive performance in the first quarter was due to a result of robust market demand for our products, strong pricing, effective management of foreign exchange exposure, strong operational execution of our flexible vertical integration business model, and our balanced supply strategy, which allowed us to increase our product delivery despite a general market shortage of silicon materials.”
The Claymore/MAC Global Solar Energy ETF that tracks an index of 25 global solar companies was up $0.84 (3.16%) as of the end of trading.
Dr. Robert Wilder, CEO and Founder of the Wilderhill Clean Energy Index noted, “A couple of fairly different, conflicting factors are impacting solar power right now: in Europe the ongoing demand from Germany plus more recent entrants like Spain are helping push sales globally. On the other hand looking at the domestic picture, a key Federal tax credit for wind and solar that probably should have been passed in the U.S. some months ago has continued to be held up. Here the Bush Administration has opposed allowing the subsidies now given to oil, to instead be switched to renewables. So companies exporting solar panels from low-cost regions like China, to high demand Europe are faring rather well. By contrast the U.S., which once was the global leader in solar power continues to face headwinds with our domestic manufacturers finding better growth in technological innovation areas like thin films. There is some hope however that more favorable State policies, such as in California will begin to be embraced next year in a faster-evolving Federal solar policy at the national level. “
The Wilderhill Clean Energy Index was up $5.08 (2.30%) at the close May 13, 2008.
Tom Djokovich, CEO, of California based XsunX, Inc.(OTCBB: XSNX) reports , “This year we began executing plans developed last year, to build a thin film amorphous solar module manufacturing facility. Recently we secured a 90,000 sq. ft. facility in Portland OR, to house our first 25MW with over $1 million of nearly new manufacturing support infrastructure in place, and we’re working to finalizing several important material supply contracts. While we’ve been working to get our commercial production ready for first quarter 2009 it appears that the industry has begun to take notice of the superior solar absorbing qualities of amorphous silicon. Several other companies have begun announcing their move towards amorphous and I believe that this lends credibility to the path we have taken.”
CEO Ezra Green, provides insight from his solar company with, “At Clear Skies Solar (OTCBB:CSKH) we're seeing an increase in inquiries and business not only from large US Corporations who are looking for ways to minimize utility expenses, but also from countries such as Spain and Greece and developing countries like India seeking viable energy solutions. We are even being approached by commercial farmers trying to reduce their carbon footprints. In addition, with our own internal research and development department, we're also able to keep ahead of the curve in providing innovative technologies for solar energy users. Clear Skies Solar's XTRAX®, which delivers reliable autonomous data readings for solar energy systems around the United States, is just one example of the innovative new products we are bringing to market.”
Clear Skies Solar (OTCBB: CSKH) closed up 14.81 % at market close.
According to solar expert J.Peter Lynch, “Solar Stocks have again surprised the street and beaten estimates, some by a wide margin. I do expect that the industry will see some margin pressures in 2009, but for now solar stocks have regained momentum and are for the most part technically strong.”
“As you can see from the table below. Most of the stocks are above their short- term technical support (50 -day moving average) as well as, their longer term technical support (200 -day moving average). Momentum is strong and they appear to be coming back from their recent correction.”
US Photovoltaic Related Stocks:
*As of Market data May13, 2008
Name Recent Price 50 Day MA 200 Day MA
Akeena Solar, Inc. 5.2 6.658 6.797
Ascent Solar Technologies, Inc. 15.26 14.285 15.146
Canadian Solar Inc. 34.1 23.652 17.026
China Sunergy Company Ltd. 9.94 8.196 9.141
Distributed Energy Systems Corp. 0.44 0.478 0.601
DayStar Technologies Inc. 4.04 3.188 4.09
EMCORE Corporation 6.92 7.425 9.659
Energy Conversion Devices Inc 51.62 31.343 28.395
Evergreen Solar, Inc. 8.21 9.191 10.81
First Solar, Inc. 284.84 249.255 188.353
JA Solar Holdings Co., Ltd 22.1 19.963 17.732
LDK Solar Company Ltd. 37.46 29.619 40.254
ReneSola, Ltd. (United Kingdom) ADR 18.83 13.125 12.733
Solarfun Power Holdings Co. 14.94 12.925 15.319
Spire Corporation 13.71 14.753 15.806
Sunpower Corporation 84.4 78.013 89.574
Suntech Power Holdings 41.6 40.976 50.162
Trina Solar Limited 41.6 36.584 44.772
MEMC Electronic Materials, Inc. 67.44 74.049 70.417
Yingli Green Energy Holding Company Limited 22.58 19.429 24.074
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB: CSKH) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company: XsunX Inc.(OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.xsunx.com/.
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. Disclosure: XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: Investorideas.com, RenewableEnergyStocks.com, XsunX, Clear Skies Solar
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, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, 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:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
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: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
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
Investorideas.com and RenewableEnergyStocks.com 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 Investorideas.com 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: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com 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.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Foreign Investment in Thin Film Solar Stock Attributed to Momentum
POINT ROBERTS, WA and DELTA, BC –March 31, 2008, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, 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:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
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: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
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
Investorideas.com and RenewableEnergyStocks.com 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 Investorideas.com 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: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.
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Source: RenewableEnergyStocks.com, XsunX
Tuesday, March 25, 2008
Clear Skies Group Partners with SGFP2 on Solar-Powered Active-Living Community
Clear Skies Group Partners with SGFP2 on Solar-Powered Active-Living Community
$6,500,000 Solar-Powered Generation Facilities Will Help DeKalb County, Georgia Community Lead Drive to Smart Living
NEW YORK - Clear Skies Group, a wholly-owned subsidiary of Clear Skies Solar, Inc. (OTCBB: CSKH), today announced a partnership with SGFP 2 LLC, a SmartGrowth Opportunity Fund, LLC company ("SGFP"), to provide solar power to the real estate investment fund’s active-living community project in DeKalb County, Georgia, located outside of Atlanta.
Under the $6,500,000 agreement, Clear Skies will provide a 900kW solar power generation facility, which is expected to save community residents approximately 80% on their anticipated utility costs.
Contingent on obtaining financing, the project is in the final stages of permitting. Construction, anticipated to commence in early 2009, will consist of two phases. The first phase will include construction of a 330kW installation with the capacity to serve 55 ranch-style town homes. Phase Two will incorporate another 570kW to serve an additional 95 town homes.
“CSG is proud to work with forward-thinking home developers like SGFP to bring the benefits of solar energy to homeowners who are concerned about rising energy costs and a cleaner environment,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “We recognize that solar energy will play an integral role in the future of the global energy market and applaud companies like SGFP that are helping us to make great strides in bringing solar to the masses in the form of sustainable and eco-friendly communities. Like SGFP, CSG is committed to the concept of ‘smart growth’ and to achieving the highest-quality living experience for its residents.”
About Clear Skies Group
Clear Skies Solar, Inc. through its wholly owned subsidiary, Clear Skies Group, Inc. ("CSG"), provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. For more information about CSG, visit www.ClearSkiesGroup.com.
About SGFP 2, LLC
SGFP 2, LLC is a SmartGrowth Opportunity Fund, LLC company ("SGFP"). SGFP is a real estate investment fund that invests in housing, retail, and commercial projects in urban communities. The Fund engages primarily in rehabilitation and repositioning of projects. Its mission is to help rebuild America's cities through prudent investment and management of urban in-fill development projects.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals. For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact: Avalanche Strategic Communications Media Inquiries: Laura Finlayson, 201-488-0049 laura@avalanchepr.com or PR Financial Marketing Investor Relations: Jim Blackman, 713-256-0369 jim@prfmonline.com
Source: Clear Skies Holdings, Inc.
$6,500,000 Solar-Powered Generation Facilities Will Help DeKalb County, Georgia Community Lead Drive to Smart Living
NEW YORK - Clear Skies Group, a wholly-owned subsidiary of Clear Skies Solar, Inc. (OTCBB: CSKH), today announced a partnership with SGFP 2 LLC, a SmartGrowth Opportunity Fund, LLC company ("SGFP"), to provide solar power to the real estate investment fund’s active-living community project in DeKalb County, Georgia, located outside of Atlanta.
Under the $6,500,000 agreement, Clear Skies will provide a 900kW solar power generation facility, which is expected to save community residents approximately 80% on their anticipated utility costs.
Contingent on obtaining financing, the project is in the final stages of permitting. Construction, anticipated to commence in early 2009, will consist of two phases. The first phase will include construction of a 330kW installation with the capacity to serve 55 ranch-style town homes. Phase Two will incorporate another 570kW to serve an additional 95 town homes.
“CSG is proud to work with forward-thinking home developers like SGFP to bring the benefits of solar energy to homeowners who are concerned about rising energy costs and a cleaner environment,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “We recognize that solar energy will play an integral role in the future of the global energy market and applaud companies like SGFP that are helping us to make great strides in bringing solar to the masses in the form of sustainable and eco-friendly communities. Like SGFP, CSG is committed to the concept of ‘smart growth’ and to achieving the highest-quality living experience for its residents.”
About Clear Skies Group
Clear Skies Solar, Inc. through its wholly owned subsidiary, Clear Skies Group, Inc. ("CSG"), provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. For more information about CSG, visit www.ClearSkiesGroup.com.
About SGFP 2, LLC
SGFP 2, LLC is a SmartGrowth Opportunity Fund, LLC company ("SGFP"). SGFP is a real estate investment fund that invests in housing, retail, and commercial projects in urban communities. The Fund engages primarily in rehabilitation and repositioning of projects. Its mission is to help rebuild America's cities through prudent investment and management of urban in-fill development projects.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals. For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact: Avalanche Strategic Communications Media Inquiries: Laura Finlayson, 201-488-0049 laura@avalanchepr.com or PR Financial Marketing Investor Relations: Jim Blackman, 713-256-0369 jim@prfmonline.com
Source: Clear Skies Holdings, Inc.
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