Editor’s Note: Related tickers: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR)
Wilshire Homes Partners with SolarCity to Offer Solar on New Homes at Woodside Village (ITBusinessNet)
Wilshire Homes is expanding its green building practices by partnering with SolarCity Corp (NASDAQ:SCTY), a leading provider of clean energy, to offer solar panels for its range of LEED-certified homes in downtown Boernes Woodside Village, giving homebuyers an easy way to make the switch to clean, renewable energy for their homes and help them save money on their electric bills. The builder is celebrating the opening of its Woodside Village model home at 199 Autumn Ridge in traditional Texas manner, with a barbecue 11:30 a.m. to 1:30 p.m. Wednesday, Aug. 28.
First Solar Desert Sunlight workers die in plane crash (PV-Tech)
Two engineers working on First Solar, Inc. (NASDAQ:FSLR)‘s Desert Sunlight Solar Farm were killed yesterday when their plane crashed near the construction site close to Joshua Tree National Park. Mike Cyr and Jeff Randall, civil supervisors at the project, were flying in a single-engine 1971 Model AA-1A fixed wing aircraft over the project about 1:30pm on Monday when it crashed. Both of the men were direct First Solar employees. A Colorado River Station sheriff’s deputy and a Bureau of Land Management ranger who were patrolling the area saw the crash. Jim Hughes, chief executive of First Solar, Inc. (NASDAQ:FSLR) said: “The First Solar community was deeply saddened to learn of the deaths of two associates in an accident near the Desert Sunlight Solar Project Monday afternoon.
Solexel Gets Funding for Silicon-Gas Wafer Technology, CFO Says (BusinessWeek)
Solexel Inc., a closely held U.S. solar manufacturer backed by SunPower Corporation (NASDAQ:SPWR), received about $5.5 million in equity in July and August from new and existing investors. The company has raised $56.8 million since last year, Mark Kerstens, chief financial officer of the Milpitas, California-based company, said today in a phone interview. He declined to name the new backers. SunPower Corporation (NASDAQ:SPWR) invested in Solexel last year. The company makes solar cells using silicon gas instead of growing silicon ingots in furnaces and slicing them into wafers like other companies.
First Solar (FSLR) Shares Cross Below 200 DMA (Forbes)
In trading on Tuesday, shares of First Solar, Inc. (NASDAQ:FSLR) crossed below their 200 day moving average of $37.18, changing hands as low as $37.09 per share. First Solar Inc shares are currently trading off about 3% on the day. The chart below shows the one year performance of FSLR shares, versus its 200 day moving average: …Looking at the chart above, FSLR’s low point in its 52 week range is $18.30 per share, with $59.00 as the 52 week high point — that compares with a last trade of $37.60.
Stocks to Watch- SolarCity Corp., LSI Corp, GT Advanced Technologies Inc, ReneSola Ltd. (ADR), Altera Corporation (CrazyJoys)
SolarCity Corp (NASDAQ:SCTY), a leading provider of clean energy, has opened its first operations center in the San Fernando Valley to accommodate customers as far north as Santa Barbara County. SolarCity Corp (NASDAQ:SCTY)’s stock traded at beginning with a price of $34.49 and throughout the trading session climbed at a high of $35.68 and later when day-trade ended the stock finally advanced 2.01% to end at $35.00. Stock showed weekly performance of -1.19%. LSI Corporation (LSI) announced it has started delivering the Axxia(R) 5500 communication processor family to key OEM customers. The Axxia 5500 with 16 ARM cores is designed to meet the performance, integration, cost and power demands of mobile and fixed networks.
First Solar sells Canadian solar power projects totaling 50 MW (PennEnergy)
First Solar, Inc. (NASDAQ:FSLR) has sold a collection of solar power projects in Ontario, Canada, totaling 50 megawatts (MW) AC to an investment partnership led by GE Energy Financial Services (NYSE: GE). Terms were not disclosed. It is the first project transaction between First Solar and GE since their solar technology and commercial partnership was announced Aug. 6. The ABW Partnership, originally announced in 2011, consists of majority owner GE Energy Financial Services and Alterra Power Corp. (TSX: AXY), which made an equity contribution and will serve as the projects’ managing partner.
