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Solar Power Company Altus Power Lands SPAC Deal With CBRE Group: What Investors Should Know
Tuesday, July 13, 2021 - 11:37am | 556Read More...A leading solar power and energy storage company is going public with a SPAC partner that could help cross-sell its products across the country. The SPAC Deal: Altus Power announced a SPAC merger with CBRE Acquisition Holdings Inc (NYSE: CBAH), a SPAC from CBRE Group Inc (NYSE: CBRE). The...
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Square Invests $5 Million To Build Solar-Powered Bitcoin Mine With Blockstream: Here's What You Need To Know
Tuesday, June 8, 2021 - 10:31am | 555Read More...What Happened: Jack Dorsey’s digital payments company Square Inc (NASDAQ: SQ) and Bitcoin infrastructure startup Blockstream have joined forces to build a 100% solar-powered Bitcoin mine. According to a press release shared by Blockstream earlier this week, Square will invest $5 million in...
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Sunrun Shares Rise On Ford F-150 Lightning Partnership: What Investors Should Know
Thursday, May 20, 2021 - 12:12pm | 401Read More...One of the features unveiled for the upcoming all-electric Ford Motor Company (NYSE: F) F-150 Lightning was a home backup energy source. Ford is partnering with a leader in the home solar energy market on the project. What Happened: The Ford F-150 Lightning offers its owners the ability...
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Is Tesla Testing New Solar Roof Panels?
Tuesday, March 2, 2021 - 6:30pm | 614Read More...After Tesla Inc (NASDAQ: TSLA) released its first solar tile roof, the V3, in 2016 there was an expectation other tile designs would follow. On Tuesday, new tiles were seen according to an Electrek report. What Happened: Aerial photographs were taken of what looks...
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Goldman Downgrades First Solar To Sell Despite Positive Stance On Industry
Tuesday, January 5, 2021 - 11:45am | 297Read More...The solar industry has several encouraging catalysts ahead, including attractive financing conditions and renewed policy support. The thesis apparently doesn't apply equally to all companies, however, as Goldman Sachs turned bearish on First Solar, Inc. (NASDAQ: FSLR). The First Solar Analyst:...
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TerraForm Power Upgraded By Goldman Sachs: 'We See Strong Visibility To Hit Growth Expectations'
Wednesday, September 12, 2018 - 2:23pm | 317Read More...Goldman Sachs is optimistic on the future of wind and solar power company TerraForm Power Inc. (NASDAQ: TERP) as regulatory and funding risks continue to fade. The Analyst Analyst Brian Lee upgraded TerraForm from Sell to Neutral and maintained an $11 price target. The Thesis TerraForm...
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TerraForm Power's Q2 Print Energizes Oppenheimer
Wednesday, August 15, 2018 - 2:33pm | 395Read More...Solar and wind operator TerraForm Power Inc (NASDAQ: TERP) reported second-quarter results Monday that convinced Oppenheimer to turn bullish on the stock. The Analyst Oppenheimer's Colin Rusch upgraded TerraForm Power from Perform to Outperform with a new $14 price target. The Thesis...
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Powering Down: Morgan Stanley Cites Valuation Concerns In Sunrun Downgrade
Friday, August 3, 2018 - 11:36am | 357Read More...With the stock up more than 150 percent since the start of 2018 and 60 percent since April alone, the bullish case for Sunrun Inc (NASDAQ: RUN) is over, according to Morgan Stanley. The Analyst Analyst Stephen Byrd downgraded Sunrun from Overweight to Equal-weight with a price...
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Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy
Monday, June 4, 2018 - 4:04pm | 337Read More...Chinese solar stocks were under heavy selling pressure Monday in reaction to the government's decision to suspend the construction of new solar farms and cut subsidies to solar companies. One of the most impacted companies is Daqo New Energy Corp (NYSE: DQ), according to Roth Capital Partners...
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First Solar Trades Higher After Strong Guidance Report
Tuesday, December 5, 2017 - 5:38pm | 313Read More...First Solar, Inc. (NASDAQ: FSLR) shares spiked up nearly 8 percent Tuesday after the company issued strong fiscal 2018 guidance at its analyst day in Perrysburg, Ohio. First Solar is expecting fiscal 2017 sales in the $2.3-2.25 billion range against analyst estimates of $2.38 billion. Solar power...
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Elon Musk Offers To Rebuild Puerto Rico's Energy Infrastructure
Friday, October 6, 2017 - 8:14am | 507Read More...Puerto Rico is looking for answers to its devastating blackouts and leveled energy infrastructure. And Tesla Inc (NASDAQ: TSLA), the world’s panacea, is as eager as ever to be the solution. CEO Elon Musk responded Thursday to calls for intervention by confirming Tesla’s capacity to meet...
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Real Goods Solar Triples In Value After Licensing Deal With Dow Chemical
Wednesday, October 4, 2017 - 10:15am | 419Read More...Shares of Real Goods Solar, Inc. (NASDAQ: RGSE) surged in value after Wednesday's market open and were trading higher by more than 240 percent 40 minutes after the opening bell. The surge is attributed to the $6 million market cap company's announcement it has entered into a new license...
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First Solar Traders Buy The Rumor, Sell The News
Tuesday, September 26, 2017 - 3:39pm | 382Read More...First Solar, Inc. (NASDAQ: FSLR) stock jumped 5.4 percent Sept. 22 to a new 52-week high of $53.00 after a positive ruling from the U.S. International Trade Commission. The ruling left the door open for President Donald Trump to potentially restrict solar imports, a move that would likely support...
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Here's How The States With The Cheapest Electricity Are Generating Their Power
Sunday, August 13, 2017 - 5:21pm | 608Read More...Considering the generally high cost of air conditioning, the fact that New Mexico has the lowest average monthly energy bill of any state may come as a surprise. But perhaps more surprising is that its trick isn’t living by candlelight or killing the cooling system. It’s living by coal...
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Why Solar Stocks Were Down Sharply Monday
Tuesday, March 7, 2017 - 4:28pm | 573Read More...India’s Central Electricity Regulatory Commission proposed a 70-percent cut Monday in the cost of renewable energy certificates from $0.05 per kilowatt-hour to $0.015 per kilowatt-hour — and Axiom Capital’s Gordon Johnson said it’s not necessarily good news. “Given...
