May, 2011Archive for

FPL to Offer Solar Energy Rebates Through New Pilot Program

JUNO BEACH, Fla., May 31, 2011 /PRNewswire/ -- Florida Power & Light Company customers who are interested in installing solar-powered upgrades to their homes and businesses can apply for rebates starting June 21 through a new pilot program approved by the Florida Public Service Commission. Logo:  http://photos.prnewswire.com/prnh/20110301/FL56993LOGO Rebates will be available on a first-come, first-served basis for residential and business customers who install solar water heating or ...

MEMC, First Solar up on clean-energy hopes

Few alternative-energy firms tip the scales as large-cap companies, but First Solar Inc. /quotes/comstock/15*!fslr/quotes/nls/fslr FSLR +2.37% and MEMC Electronics Materials Inc. /quotes/comstock/13*!wfr/quotes/nls/wfr WFR +3.95% ranked among the top performers among components of the S&P 500 Index /quotes/comstock/21z!i1:in\x SPX +1.06% Tuesday, with gains of 1.9% and 2.6% respectively. Both MEMC and First Solar make solar-power technology, with the latter company having a big f...

Nuclear's downfall props up renewables

Germany shocked the world with its announcement on Monday that it would close all of its nuclear power facilities by 2022. Shortly after the shock and awe wore off, most people considered what it would mean for nuclear stocks. They fell, as expected. An equally important question is what this means for renewable energy names. Solar energy companies in particular are under the spotlight because Germany dominates the solar panel installation market. About 7.5 gigawatts of the 18 gigawatts insta...

LDK Solar: A Tremendous Buying Opportunity

LDK Solar LDK shares have dropped sharply for the past 10 days, along with the solar sector. Most of the drop appears to be over fresh concerns on its debt, since LDK recently announced it postponed a recent bond offering which you can read about here. This appears to be more of a perceived debt problem rather than a real one, as I will explain.

DreamWorks, FuelCell, RealD, Travelzoo: US Equity Movers

By Inyoung Hwang May 31 Bloomberg -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 1:40 p.m. in New York. Solar shares advanced after the German government said it plans to exit atomic energy by 2022. MEMC Electronic Materials Inc. WFR US added 2 percent to $10.32. First Solar Inc. FSLR US rose 1.4 percent to $123.01. Agilysys Inc. AGYS US jumped 42 percent to $6.78, the most intraday since at least January 1...

solar eclipse starts Thursday, ends Wednesday

Wednesday brings a partial solar eclipse to parts of Asia and North America, but it comes with an odd twist: At one point, the eclipse will be occurring at "midnight" between the two days this week. During the eclipse, the outer shadow of the moon called the penumbra will first fall on northeast Asia as the eclipse begins, and then work its way east across the International Date Line. Because of that timing, this eclipse will have the quirky circumstance of beginning on the morning of Thursday...

Bloor West gets new solar lamps

Bloor Street West is in the midst of a makeover that will last until the fall, and along with new sidewalks residents can expect a brand new atmosphere. Sixty solar-powered street lamps are being installed along the stretch between South Kingsway and Glendonwynne Road, designed to look like candlelight and to run at no cost. "This is just to give us the village effect - it doesn't cost anything to operate because it's solar," said Alex Ling, past chair of the Bloor West Village Business Improvem...

Canadian Solar Surges on Wafer Production Joint Venture in China

Canadian Solar Inc. CSIQ , a Chinese maker of solar panels, rose the most in more than two months after it formed a joint venture with GCL-Poly Energy Holdings Inc. to build a 600-megawatt solar wafer plant. Canadian Solar rose 62 cents, or 6.7 percent, to $9.90 at 10:06 a.m. in Nasdaq Stock Market trading, the biggest intra-day gain since March 15. The plant, which can be expanded to 1.2 gigawatts of annual capacity, will cost $77 million and will be financed 33.3 percent in registered capita...

Book Review ?Switching to Solar

I’m writing this post, sitting outside, overlooking a pool sparkling in the sunshine. OK, not really but it gets your mind in the right place – a sunny day. Solar energy has been gaining ground in both the U.S. and especially Europe so I thought it was high-time I learn more about the history of solar. “Switching to Solar,” by Bob Johnstone should become the industry and consumer reference to the worldwide solar story. I have to admit that reading books on energy, environ...

Questions raised about solar deal for West End Community Centre

By Carol MartinSooToday.comTuesday, May 31, 2011Sault Ste. Marie PUC Inc. has won permission to lease the roof of the currently-under-construction West End Community Centre.Under the deal, PUC will install and operate rooftop photovoltaic solar cells.But some City councillors had issues with the agreement, or more specifically, how it came to be.City Council awarded the contract to the PUC last night but not before some discussion about the transparency of the bidding and awards recommendation p...