Real Goods Solar, Inc. (RSOL) News: Deal With Lennar Corporation (LEN), Pre-Engineered PV Systems, Global Solar Market & More

Related Tickers: Real Goods Solar, Inc. (NASDAQ:RSOL), Lennar Corporation (NYSE:LEN)

A Solar Energy Secret Uncovered: Real Goods Solar (24/7 Wall St.)
Last Friday shares of Real Goods Solar, Inc. (NASDAQ:RSOL) virtually doubled. Shares are up another 50% so far today and have been trading around $6 a share after posting a new 52-week high of $6.43 earlier. That’s still about 30% below the solar PV installer’s 2008 IPO price of $9.25, but after languishing below $2 a share for more than a year, no one’s complaining. Real Goods has signed a deal with homebuilder Lennar Corporation (NYSE:LEN) to install solar PV at some of the homebuilder’s new communities in California, with a potential to expand to other areas of the country. Both Real Goods and SolarCity operate exclusively in the U.S., so neither is taking advantage of the expanding solar market in Japan.

Lennar Corporation (NYSE:LEN)Real Goods Solar launches pre-engineered PV systems for US residential customers (solarserver.com)
Real Goods Solar, Inc. (NASDAQ:RSOL) (Louisville, Colorado, US) has unveiled a line of complete, pre-engineered solar photovoltaic (PV) systems for residential customers in the United States. Systems are available with prices starting at less than USD 6,000. Real Goods notes that its PowerOn offering can be used in conjunction with its leasing and financing options. “These convenient solutions are part of Real Goods Solar, Inc. (NASDAQ:RSOL)’s vision and commitment to bring solar to the mainstream by continuously improving upon the economic benefits of going solar for our customers,” stated Real Goods Solar CEO Kam Mofid.

Stocks with Breaking News (RSOL, WBSN) (SBWire)
No Colorado-based company has been able to hold a match to Real Goods Solar, Inc. (NASDAQ:RSOL)’s stellar performance. A more than 100% rise is definitely worth a mention. The very high trading saw the stock hitting the roof. Real Goods Solar, Inc. is a company that deals in the solar energy sector. It serves residential, commercial and utility customers. As of 5 February 2013, it had installed in excess of 14,500 solar power systems. This number represented more than 100 megawatts of 100eprcent- clean renewable energy. Real Goods Solar, Inc. (NASDAQ:RSOL), Inc provides its customers with complete solar solutions. This starts from the designing, financing, and permission and installation right upto to continuous monitoring, maintenance services and support. The Company services the utility and commercial markets via its RGS Energy division.

A Hidden Gem In The Solar Industry? (Seeking Alpha)
Real Goods Solar, Inc. (NASDAQ:RSOL) is an installer based in Louisville, Colorado and operating in eleven states; they have deployed over 100 MW of solar since 2008. They have found particular success with the educational market. Big institutions such as Wal-Mart (WMT) and the military seem to be deploying more solar because it saves them money, and schools and universities are no exception. I was pleased to hear, on the May 9 earnings release conference call, that the company has cut operating expenses by 6% in the past year.

Global Solar Market Could Be ‘Carved Up’; US, EU, China in Negotiations (StreetInsider.com)
According to reports in the New York Times, the US, EU, and China are in negotiations over solar panel anti-dumping cases. A plan is taking shape that would “carve up the global solar panel market into a series of regional markets.” If negations are successful, tariffs in the U.S. could be replaced. The news comes amid a massive rally in solar stocks today. First Solar, Inc. (Nasdaq: FSLR), SolarCity Corporation (Nasdaq: SCTY), LDK Solar Co., Ltd. (NYSE: LDK), JA Solar Holdings Co., Ltd. (Nasdaq: JASO), and Real Goods Solar, Inc. (NASDAQ:RSOL) are among gainers.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!