Solar Updates: SunPower Corporation (SPWR) CFO Unloads Shares, First Solar, Inc. (FSLR) Signs Power Supply Contract & SolarCity Corp (SCTY)’s Goal

Editor’s Note: SunPower Corporation (NASDAQ:SPWR), First Solar, Inc. (NASDAQ:FSLR), SolarCity Corp (NASDAQ:SCTY)

SunPower Corp. CFO Unloads $106,900 in Stock (SPWR) (Zolmax News)
SunPower Corporation (NASDAQ:SPWR) CFO Charles Boynton unloaded 5,000 shares of SunPower Corp. stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $21.38, for a total value of $106,900.00. Following the completion of the transaction, the chief financial officer now directly owns 33,018 shares in the company. The sale was disclosed in a legal filing with the SEC, which is available at this link. A number of research firms have recently commented on SPWR. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of SunPower Corporation (NASDAQ:SPWR) in a research note to investors on Thursday, August 1st.

First Solar, Inc. (FSLR) Signs Power Supply Contract With Calif. City (Insider Monkey)
Tempe, Ariz.-based First Solar, Inc. (NASDAQ:FSLR) is continuing its transition to being a power producer. On Tuesday, First Solar announced the signing of a power purchase agreement with the City of Roseville, Calif., whereby First Solar agreed to provide power from its 32 MW Lost Hills solar electricity plant after it has been built in Kern County, Calif., next year. 32 MW is, according to First Solar, Inc. (NASDAQ:FSLR), sufficient to power 11,000 homes. The supply agreement, which goes into effect in 2015, will run for 10 years. Roseville Electric has purchased 325,000 MWH of renewable energy for $24 million for 10 years.

SolarCity Corp (NASDAQ:SCTY)

SolarCity establishes ambitious goal for the solar energy market (Hydrogen FuelNews)
SolarCity Corp (NASDAQ:SCTY), a company specializing in bringing solar energy to homes throughout the U.S., has established an ambitious new target for itself. The company is already considered one of the largest and most successful solar energy developers in the country and has helped bring solar power to many communities throughout the U.S. While SolarCity Corp (NASDAQ:SCTY) has seen a significant degree of success with its endeavors, the company has high hopes for the future and intends to see these hopes become a reality.

SunPower, Maker Of Solar Gear, Has Field Covered (Investors.com)
When looking at solar companies, it’s often a question of which side of the electric meter a solar power provider sits on. Does it deliver power to the grid operator like a large power plant does? Or do its products get distributed to commercial and residential users?
For SunPower Corporation (NASDAQ:SPWR), the answer is simple: It sells to both sides. The San Jose, Calif.-based firm makes high-performance solar cell panels, inverters and large systems. Its global customer base includes grid operators as well as residential and commercial users who buy or lease its systems.

First Solar names Saudi supremo (Recharge)
First Solar, Inc. (NASDAQ:FSLR) has named Raed Bkayrat its top man in Saudi Arabia, as the US solar giant continues fleshing out its team across the key emerging markets of the Middle East, North Africa and sub-Saharan Africa. Bkayrat – a Siemens veteran – joins First Solar as vice president of business development for Saudi Arabia from his current role at the King Abdullah University of Science and Technology, where he created a demonstration and testing programme for solar energy.

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 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!