Utility pull drives US solar market to new high (Optics)
Nearly a gigawatt of solar photovoltaic (PV) generating capacity was added to the US electrical grid during the second quarter of 2013, according to the latest report from market analyst NPD Solarbuzz. …Despite its strategic move towards unsubsidized markets, First Solar, Inc. (NASDAQ:FSLR) is still the leading PV module supplier in the US by some distance, with a market share of 22 percent. Next comes Total-owned SunPower with 12 percent, with four Chinese suppliers including troubled Suntech taking the next four spots and a collective 27 percent of US market demand.
NASDAQ Gainers Watch List: SunPower Corporation (NASDAQ:SPWR) and Wynn Resorts Ltd. (NASDAQ:WYNN) Added to Growing Stock Report’s NASDAQ Gainers Watch List. (SBWire)
Growing Stock Report expands its NASDAQ Gainers Weekly Watch List adding SunPower Corporation (NASDAQ:SPWR) and Wynn Resorts Ltd. (NASDAQ:WYNN). SunPower Corporation (NASDAQ:SPWR) an integrated solar products and solutions company that designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide is currently up (+3.38%) on 2,628,301 shares traded. SunPower Corporation (NASDAQ:SPWR) is currently up (+517.95%) from its recent 52-week low which has prompted Growing Stock Report to add the stock to their NASDAQ Gainers Watch List.
Solar energy comes to East Bridgewater, Massachusetts (HydrogenFuelNews)
SolarCity Corp (NASDAQ:SCTY), a leading solar energy company, has begun providing electrical power directly to the city of East Bridgewater in Massachusetts. This initiative is expected to significantly reduce the cost of electricity in the town and provide residents with a relief from some financial burdens associated with power acquired directly from utilities. This could be a major breakthrough concerning support for solar energy as SolarCity Corp (NASDAQ:SCTY) shows that it can provide power directly to consumers rather than providing this power through third parties…
SEC charges former VP in fair disclosure rules violations (InsideCounsel)
Here’s a hint for future VPs: if you’re going to say publicly that your company is getting $4.5 billion from the government, then you better make sure it comes through. And if it doesn’t come through, tipping off select investors while leaving others in the dark is an easy way to have the SEC on your back. Lawrence Polizzotto, a former vice president at Arizona-based First Solar, Inc. (NASDAQ:FSLR), is learning this lesson the hard way. On Friday, the SEC charged Polizzotto with violating fair disclosure rules, claiming he illegally tipped off investors about the status of key government contracts.
