Solar News: SolarCity Corp (SCTY)’s Accord, First Solar, Inc. (FSLR) & SunPower Corporation (SPWR)’s Customer Finance

Page 1 of 2

Editor’s Note: Related tickers: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), SunPower Corporation (NASDAQ:SPWR), Goldman Sachs Group, Inc. (NYSE:GS)

SolarCity acquires Paramount Solar (RenewableEnergyFocus)
Under the terms of the agreement, SolarCity Corp (NASDAQ:SCTY) will acquire the Paramount Solar business for US$116.3 million in stock, and the remainder in cash. Paramount Equity CEO Hayes Barnard will join SolarCity as chief revenue officer in charge of the company’s sales and marketing organizations upon closing of the acquisition. Paramount Solar, one of SolarCity Corp (NASDAQ:SCTY)’s most successful channel partners, is majority-owned by Guthy¦Renker, the company behind Proactiv Solution and one of the world’s leading direct marketing companies.

Tesla Motors Inc (TSLA) Gets Five-Star Rating: Should Ford Motor Company (F), Other Competitors Worry?

First Solar Rating Reiterated by TheStreet (FSLR) (DailyPolitical)
TheStreet reiterated their hold rating on shares of First Solar, Inc. (NASDAQ:FSLR) in a research note released on Monday morning, Stock Ratings Network reports. “First Solar (FSLR) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company’s earnings per share.,” TheStreet’s analyst commented.

SunPower Partners with Community First Credit Union to Offer Flexible Financing for Residential Solar Energy Solutions in Australia (SacBee)
SunPower Corporation (NASDAQ:SPWR), a leading solar technology and global energy solutions provider, today introduced the SunPower Solar Loan for homeowners in Australia. Affordable payment options are designed to help customers finance a high efficiency, residential SunPower solar system over time, as it simultaneously produces electricity from rooftops. In many cases, a system sized to closely match the homeowner’s energy needs is expected to generate savings in excess of monthly loan payments.

When Will We See the Next Big Solar IPO? (DailyFinance)
Earlier this month there were rumors floating through the industry that downstream solar company Sunrun was for sale. Power Intelligence reported that Goldman Sachs Group, Inc. (NYSE:GS) had been hired to do a “strategic evaluation” of the company, sparking hope that another downstream solar company may come public after the solid success SolarCity Corp (NASDAQ:SCTY) has had on the market. Alas, Sunrun isn’t for sale or planning an IPO. Yesterday, I had a chance to talk to co-CEO Edward Fenster about the rumors, what may prompt the company to go public in the future, and how the company is different from other companies participating in the residential solar market in the U.S. Let’s start with the beginning and learn a little bit about how Sunrun is — and isn’t — similar to its public competition.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!