Solar News: First Solar, Inc. (FSLR) Sets to Gain from Obama’s Climate Rules, SunPower Corporation (SPWR) Partners with Collegiate Teams

Editor’s Note: Related Tickers: First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR)

First Solar, SunPower Set to Gain from Obama’s Climate Rules (Moneynews)
First Solar, Inc. (NASDAQ:FSLR), the world’s largest maker of solar power-plants, and SunPower Corporation (NASDAQ:SPWR) stand to gain from President Barack Obama’s proposal to curb emissions from coal-fired utilities. Obama directed the Interior Department Tuesday to issue permits for 10 gigawatts of renewable energy on public land, doubling renewable-energy generation by 2020. The Defense Department, the largest U.S. energy consumer, also plans to install three gigawatts of renewable energy by 2025, enough to power to 2.4 million homes. By focusing on power plants, Obama’s administration is confronting one of the largest contributors to greenhouse-gas emissions. Forty percent of U.S. carbon-dioxide emissions and one-third of all greenhouse gases come from electric power plants, according to the U.S. Energy Information Administration.

First Solar, Inc. (NASDAQ:FSLR)SunPower Partners with Nine of 12 Collegiate Teams Competing in the 2013 Formula Sun Grand Prix in Austin, Texas (Sacramento Bee)
SunPower Corporation (NASDAQ:SPWR), a global solar energy and technology provider, announced that nine of 12 university teams will race in the 2013 Formula Sun Grand Prix (FSGP) with solar vehicles powered by SunPower’s high efficiency, high reliability Maxeon® solar cells. The SunPower® all-back contact solar cells collect and convert more sunlight into energy when compared to cells with contacts on the front. This all-back contact allows SunPower cells to generate maximum solar power when applied to limited surface areas found on some rooftops, as well as on the hoods of FSGP racecars.

Modine Manufacturing Co. (MOD), Barnes & Noble, Inc. (NBKS), First Solar, Inc. (FSLR): Is There Value in These Stocks? (Insider Monkey)
First Solar, Inc. (NASDAQ:FSLR) is among the largest players in the solar module market and among a few profitable ones. It has reported profits in the last four quarters but it has a history of revisiting red ink. This is because its profitability is largely tied to government policies and incentives. Although there is little doubt governments world over will continue to support solar energy, small changes to financial incentives offered can make big changes to actual sales and implementation of solar products. The stock has lost 20% over the last month, but still trades with 52-week gains of 176%, which essentially means there is more downside than upside from here.

SunPower solar PV modules receive highest rating under Atlas 25+ testing program (solarserver.com)
SunPower Corporation (NASDAQ:SPWR) (San Jose, California, U.S.) and Atlas Material Testing Technology LLC (Chicago, Illinois, U.S.) have released performance results for SunPower’s solar photovoltaic (PV) modules under the Atlas 25+ Comprehensive Durability Testing Program. SunPower’s E20/327 PV modules showed less than two percent power degradation upon completion of the test, which it describes as an “outstanding” result for the program. Additionally, the modules showed no visual aesthetic changes and no change in electro-luminescence.

Solar Stocks to Watch, Trina Solar, Suntech, Yingli Green Energy, First Solar, JA Solar, SunPower, Canadian Solar, LDK Solar, JinkoSolar (PR Carbon)
Stock of First Solar, Inc. (NASDAQ:FSLR) advanced 1.44% in last trading session and is closed $ 44.48 with average volume 7.64 million shares, in After Hours trading FSLR stock increase 0.07%. First Solar Inc generated income of $ 412.20 million in last twelve months and sales of $ 3.63 billion. Analytic Ratios; Price to sales ratio of FSLR in past twelve months was calculated as 1.08 and price to cash ratio as 3.89+. First Solar, Inc. (NASDAQ:FSLR) return on equity ratio is recorded as 11.70% and its return on assets is 6.80%.

SunPower: Powering Up The Solar System (Seeking Alpha)
SunPower Corporation (NASDAQ:SPWR) is the initiator of solar business with silicon-based solar cells that dominate the industry in efficiency. SunPower rules the residential segment and is also delving into large commercial projects. The $2.22 billion company features amongst the top five leading publicly-traded energy companies in the world. SunPower Corporation (NASDAQ:SPWR) manufactures solar panels and systems under the SunPower, SunTile, and PowerGuard brands for residential, commercial, and utility-scale power plant customers across the globe. Total Gas & Power USA (Total) holds a controlling stake in the company.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
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

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

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

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!