Alternative Energy

Ocean Power Technologies Inc (NASDAQ: OPTT) stock has caught fire this week after the company was granted a patent for a wave energy converter buoy on Tuesday. Ocean Power is an alternative energy company that specializes in harnessing the power of ocean waves via floating storage systems. The...

Industrial hemp is set to be a huge economic driver in the not-so-distant future, even more so than medical cannabis or even recreational marijuana, Cynthia Salarizadeh told Benzinga during a recent conversation – while discussing Salar Media Group and Civilized Media Group’s recent...

Gordon Johnson, Axiom's noted alternative energy analyst, said in an e-mail response to Benzinga that he sees a lot of similar characteristics among 8Point3 Energy Partners LP (NASDAQ: CAFD), the now bankrupt Sunedison Inc (OTC: SUNEQ) and SolarCity Corp (NASDAQ: SCTY), which would have gone...

Tesla Motors Inc (NASDAQ: TSLA) shares are down 5.1 percent since Election Day as the market weighs what could be an unpredictable Trump presidency for alternative energy stocks. However, according to Global Equities Research analyst Trip Chowdhry, Donald Trump is actually the perfect U.S....

It is a contrasting performance of the two companies that made debut on the two stock exchanges on Wednesday. While Azure Power Global Ltd (NYSE: AZRE) traded down below the IPO price, Extraction Oil & Gas, LLC (NASDAQ: XOG) traded well above the IPO price. Azure Power is a solar power seller...

One of Wall Street's biggest solar stock bears suddenly changed his tune Thursday. Axiom Capital Managing Director Gordon Johnson upgraded the entire alternative energy sector from Market Underweight to Market Overweight and upgraded SolarCity Corp (NASDAQ: SCTY) from Sell to Hold and Trina...

It may be time for solar stocks to emerge out of the doldrums and bask under the glorious sunshine. Gordon Johnson of Axiom Capital, who was decisively bearish on solar stocks, is revisiting his call and upgraded a few prominent names in the sector. Bear Way Back From 2008 Back in October 2008, the...

UBS’ Julien Dumoulin-Smith believes that despite earlier concerns, Xcel Energy Inc (NYSE: XEL) has proven successful at “ultimately arguing its case for not just added capex”, management has also successfully implemented a potential “rate stayout” in Minnesota....

Solar power faces demand risk, according to Goldman Sachs, as the supply is not reduced and, therefore, the average selling price is down. Analysts Brian Lee, Hank Elder and Candace Dechant do not see a turnaround of fortunes for the sector. Furthermore, prolonged cyclical pressure is expected to...

Barclays has started coverage of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE: HASI) with an Overweight rating and price target of $27, implying a potential upside of 8.5 percent. The brokerage's bullish stance is driven by core business growth and continued investor demand for low-risk exposure...