First Solar, Roseville Enter into PPA - Analyst Blog (NASDAQ) Under a 10-year power purchase agreement ("PPA"), First Solar, Inc. (NASDAQ:FSLR) will sell the electricity generated from the Lost Hills photovoltaic power plant to the City of Roseville, Calif., once the plant comes online. First Solar will begin the construction of this power plant in Kern County, Calif. in early 2014. This agreement is the first agreement for First Solar with a municipality and will be effective from 2015.
SunPower Corp. SVP Eric Branderiz Sells 2,704 Shares (SPWR) (Zolmax) SunPower Corp. (NASDAQ:SPWR) SVP Eric Branderiz sold 2,704 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $21.50, for a total transaction of $58,136.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. A number of research firms have recently commented on SunPower Corporation (NASDAQ:SPWR). Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of SunPower Corp. in a research note to investors on Thursday, August 1st.
Record quarterly shipment numbers for Trina Solar (PV Magazine) Chinese module manufacturer Trina Solar Limited (ADR) (NYSE:TSL) reported a 64.6% increase in second-quarter module shipments compared to the first quarter while nearly halving its net loss. Trina Solar saw a more positive second quarter this year with dramatic increases in module shipments and revenue and a significant reduction in net loss compared to the first quarter of the year.
First Solar, Sharp defend turf against China's global PV domination (PV Magazine) While First Solar, Inc. (NASDAQ:FSLR) remains the leading PV module supplier in the U.S. and India and Sharp in Japan, Chinese rivals, benefitting from the wave of insolvencies in the West, have dominated the rest of the globe over the past year. Chinese photovoltaic manufacturers have become the leading module suppliers to seven of the top ten geographic regions, according to market research firm NPD Solarbuzz.
Solar losing out as Vivint not coming to Arizona and SunPower pulling back (Business Journal) Solar proponents in Arizona have long said scaling back on incentives and programs at the state level to propagate the industry was like death by a thousand paper cuts. Enter Vivint Solar Inc., the Utah-based installer and energy services company that has told Arizona officials it would love to come to the state to set up a shop with hundreds of jobs, but frankly, the state isn’t exactly enticing.