Editor’s Note: Related tickers: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR)
SolarCity Corp (NASDAQ:SCTY) (San Mateo, California, US) plans to build 12.8 MW of solar photovoltaic (PV) systems on up to 7,500 military homes in the U.S. state of Hawaii, as the latest installment of its SolarStrong program. The systems will be installed at six locations throughout Lend-Lease’s Palm Island Communities on the island of Oahu. …SolarCity Corp (NASDAQ:SCTY) notes that in addition to SolarStrong, it is pursuing a veteran hiring initiative as part of its workforce development program, and currently employs more than 100 U.S. veterans in various positions.
First Solar adds new power plant to New Mexico portfolio (BizJournals)
First Solar, Inc. (NASDAQ:FSLR) is putting in three new solar power plants totaling 23 megawatts in New Mexico as part of a new deal with a utility there. The deal with Public Service Co. of New Mexico would have Tempe-based First Solar, Inc. (NASDAQ:FSLR) develop and build the power plants. Financial terms of the deal were not disclosed. …Overall, PNM has about 67 megawatts of solar. First Solar, Inc. (NASDAQ:FSLR)’s plants contracted last year should be operational by the end of 2013. The three new plants will be online by the end of 2014.
SunPower Corporation (SPWR) Trader Braces for a Steep Drop (SchaeffersResearch)
SunPower Corporation (NASDAQ:SPWR) has a busy two weeks ahead of it, with its annual shareholders’ meeting scheduled for this Wednesday, and its quarterly earnings report due out after the July 31 close. With a number of scheduled events on the horizon, option activity accelerated on Friday, namely on the put side of the aisle. Around 13,000 puts changed hands on the day, representing roughly six times the average daily volume, and nearly three times the number of calls that were exchanged.
SolarCity Announces Second Quarter 2013 Earnings Release Date and Conference Call Details (Nasdaq)
SolarCity Corp (NASDAQ:SCTY), a leading provider of clean, distributed energy, today announced that it will issue its second quarter 2013 earnings report after the market’s close on Wednesday, August 7, 2013. …SolarCity Corp (NASDAQ:SCTY) provides clean energy. The company is disrupting the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills.
First Solar Given “Hold” Rating at TheStreet (FSLR) (WatchListNews)
TheStreet reiterated their hold rating on shares of First Solar, Inc. (NASDAQ:FSLR) in a research report released on Tuesday morning, Analyst Ratings.Net reports. “First Solar, Inc. (NASDAQ:FSLR) has been reiterated by TheStreet Ratings as a hold with a ratings score of C+. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company’s profit margins have been poor overall.,” TheStreet’s analyst commented.
First Solar, Inc. to Announce Second Quarter 2013 Financial Results on Tuesday, August 6, 2013 (DailyFinance)
First Solar, Inc. (NASDAQ:FSLR) to Announce Second Quarter 2013 Financial Results on Tuesday, August 6, 2013… First Solar, Inc. (NASDAQ:FSLR) is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and systems technology. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today.
