Editor’s Note: Related tickers: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR)
First Solar names chief commercial officer (PennEnergy)
First Solar, Inc. (NASDAQ:FSLR) has named Joe Kishkill as the company’s chief commercial officer. Kishkill will have comprehensive leadership responsibility for global business development, sales and international public affairs, with a primary focus on sustainable growth in emerging markets. Reporting to Kishkill will be regional business development and global public affairs teams. Most recently, Kishkill was eastern hemisphere president for Exterran, a global provider of natural gas, petroleum and water treatment production services. Prior to that, he led Exterran’s business in the Latin America region. He also served as Enron’s CEO for South America.
Mid Cap Losers To Watch – SunPower Corporation, Stratasys, Ciena Corporation (PRCarbon)
SunPower Corporation (NASDAQ:SPWR) stock traded lower following the disappointing LDK earnings. Stock of SunPower Corporation (NASDAQ:SPWR) fell -7.33% in last trading session and is closed $21.10 with average volume 4.10 million shares, in after hours trading SPWR stock down -0.47%. SunPower Corporation generated income of $-228.40 million in last twelve months and sales of $2.54 billion. Analytic Ratios; Price to sales ratio of SPWR in past twelve months was calculated as 1.00 and price to cash ratio as 3.75. SPWR return on equity ratio is recorded as -22.80% and its return on assets is -6.80%.
Abengoa completes first solar power tower in South Africa (CleanEnergyAuthority)
Abengoa Solar announced yesterday (Aug. 26) that it completed construction of its First Solar, Inc. (NASDAQ:FSLR) tower—if not the first solar tower—in South Africa. The Khi Solar One tower is a 50 megawatt concentrating solar power projects that will include 2 hours of thermal energy storage when completed. Given that South Africa started announcing projects in 2011, the pace at which the tower went up is far faster than in the U.S. where projects like BrightSources’ 392 megawatt Ivanpah Solar Electric Generating Station and Abengoa’s 280 megawatt Solana project—a solar trough project rather than a solar tower—are slated for completion this August. Solana was originally supposed to come online in 2011 and Ivanpah was also originally supposed to come online earlier.
First Solar, SunEdison See Surge In Short Interest (AEIS, FSLR, SUNE) (Benzinga)
Among U.S. solar-related stocks, Advanced Energy Industries (NASDAQ: AEIS), First Solar, Inc. (NASDAQ:FSLR) and SunEdison (NYSE: SUNE) saw significant swings in short interest in the most recent period. Real Goods Solar (NASDAQ: RSOL) and SunPower Corporation (NASDAQ:SPWR) saw short interest in their shares grow somewhat between the July 31 and August 15 settlement dates. However, the number of shares sold short in GT Advanced Technologies (NASDAQ: GTAT) and SolarCity Corp (NASDAQ:SCTY) decreased in the first weeks of August.
Front Runners: Google Inc (NASDAQ:GOOG), Lululemon Athletica inc. (NASDAQ:LULU), Ross Stores, Inc. (NASDAQ:ROST), SolarCity Corp (TechSonian)
VipStockReports.com screens the markets looking for Hot Emerging Micro-cap and Small cap stocks that look to Run High. …SolarCity Corp (NASDAQ:SCTY) traded with volume of 1.71 million shares and the average volume of the stock remained 1.92 million shares. The stock decreased-5.66% and finished the trading at $33.02. The market capitalization of the stock remained 2.49 million. Will SCTY Get Buyers Even After The Recent Rally? Find Out Here SolarCity Corp (NASDAQ:SCTY) is engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers.
