First Solar sells Canadian power plants to GE-Alterra Partnership (ClickOnline)
First Solar, Inc. (NASDAQ:FSLR) announced today that it has sold a collection of solar projects in Ontario, Canada, totaling 50 megawatts (MW) AC to an investment partnership led by General Electric Company (NYSE:GE) unit GE Energy Financial Services. Terms were not disclosed. It is the first project transaction between First Solar and GE since their solar technology and commercial partnership was announced August 6th.
SolarCity’s First San Fernando Valley Operations Center Opens to Customers (AzoCleanTech)
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. The 16,800 square-foot facility is staffed by 61 full-time employees today, and SolarCity currently has 15 job openings at this location. SolarCity Corp (NASDAQ:SCTY) already has approximately 2,000 customers in the San Fernando Valley. The company has also begun or completed projects to provide solar power to some 60 school facilities within the Los Angeles…
Hedge Funds Are Absolutely Nuts Over SunPower Corporation (SPWR) (InsiderMonkey)
Solar’s hot, that’s no doubt. The level of hedge funds’ interest in SunPower Corporation (NASDAQ:SPWR) will still surprise you though. In the 21st century investor’s toolkit, there are plenty of gauges shareholders can use to monitor the equity markets. A duo of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the elite money managers can outpace the market by a healthy margin (see just how much).
Alterra purchases Ontario solar power project (PennEnergy)
Alterra Power Group has completed the purchase of the 50 MW ABW Solar project in Ontario in partnership with GE Financial Services (NYSE: GE), the company announced Monday. The project, which commenced commercial operations earlier this year, was developed and sold by First Solar, Inc. (NASDAQ:FSLR). Alterra will be the managing partner for the facility and hold a 10 percent interest. Alterra CEO John Carson said the transaction opens the door for the company to pursue other solar opportunities while continuing its growth in wind, hydro and geothermal power.
Solar Panel Company Opens Chatsworth Warehouse (NorthRidge)
A grand opening ceremony was held Thursday for SolarCity Corp (NASDAQ:SCTY), a solar panel installation company that recently opened its sixth Southland branch at a 15,000-square-foot warehouse on Nordhoff Street. …While SolarCity has installed panels for Los Angeles Unified Schools and commercial properties like the Wal Mart in Porter Ranch, homeowners make up for most of his clients thanks to lower pricing.