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New Developments Could Push First Solar Down
Posted by: StockCroc (IP Logged)
Date: April 20, 2012 10:01PM

First Solar (FSLR) lost its NASDAQ-100 premiere ranking to Texas Instruments (TXN) over the weekend. NASDAQ OMX Global Index Group issued a formal statement late Friday announcing First Solar is being replaced as a top 100 indexed securities based on market capitalization. The transition date for First Solar’s replacement is scheduled to take affect April 23. Texas Instruments just recently moved its stock listing from the New York Stock Exchange to the NASDAQ.

Ongoing Investigation

Under allegations of possible breach of fiduciary duties, First Solar is in a continuing legal investigation filed March 12, 2012 by the Law Offices of Howard G. Smith for potential claims against the company and its board of directors. Smith Law Offices are looking into accusations that corporate officers knowingly allowed the manufacturing of defective goods.

With the 2011 end-of-year earnings were reported, First Solar made an official notification it was subject to back charges of $164 million due to warranty issues. A loss of power in certain solar panels requires complete replacement of the equipment in question. Smith Law Offices believe several members of the First Solar Company’s board of directors deliberately incited such oversight causing both a huge financial loss and of greater importance a tarnished reputation. A reputation now in question that in my opinion was the basis for First Solar being selected as being replaced by Texas Instruments on the NASDAQ-100 Index.

The Smith Law Offices, on behalf of shareholders, seeks to recover money directly from certain First Solar board of directors, who it feels acted unscrupulously. The intent is to obtain a court order preventing offending Directors from taking inappropriate actions in the future. I suspect the recovery of share price is not going to be soon enough or financially significant enough to offset the loss of reputation; especially in light of this weekends forced step-down of First Solar from the NASDAQ-100.

In First Solar’s favor are two recent projects added on the books — both revenue boosting. The first is the acquisition in December from First Solar by MidAmerican Energy Holdings, a subsidiary of MidAmerican Energy Company, of the Topaz (550 MW) solar panel farm located in California.

Most importantly, Exelon (EXC) and First Solar are jointly working on the massive Antelope Valley Solar Ranch One project. This project is funded with a guaranteed government loan and is considered one of the world’s largest solar farms of its kind. At 230 megawatts the Antelope Valley solar farm is expected to generate electricity that can power 75,000 California homes. The first array of panels is schedule to be online by the end of this year with California Public Utilities Commission approving a 25-year power purchase agreement.

Subsidies and Tariffs

On the world market, Germany represents the largest share of solar panel production and installations. This year’s first quarter sales show a tripling of installation of solar panels in order to beat the rush to complete projects before subsidy cuts of 30% kick-in. On the other hand, some firms have canceled further development of projects and projects already slated for installation due to anticipation of these forthcoming cuts.

In the U.S., arguments over Chinese solar panel manufacturers, receiving improperly given Chinese government subsidies has resulted in stiff competition for U.S. manufacturer against such imports. Many U.S. companies feel these practices typically undermine U.S. companies. However many argue low-priced imports help consumers intent on best-buy-for-the-dollar to consider alternative energy such as solar where the buying public has not before. The U.S. Department of Commerce is delaying until May 17 a decision on the dumping charges of solar panels by the Chinese on the world market. Tariffs for counter-acting subsidies is less than the higher import taxes for selling below cost.

Is it cloudy weather ahead for First Solar with all this shuffling of subsides, tariffs and import taxes? Last year saw a 40% increase in global demand for solar panels but manufacturing excess created a glut of product forcing companies to slash prices. This glut comes at a time when subsides are declining, making for a difficult first couple of quarters in 2012 as manufacturers await subsidy and tariff decisions. The next two months are slated to have key decisions being made by the Governmental Department of Commerce for this industry that could implement improvements for the solar industry financials. Fortunately for First Solar, the Antelope Valley, Solar Ranch One project is already on the books. However, noted as a worldwide solar entity, First Solar will be watching closely the next two months for governmental decisions.

Balancing Act

NRG Energy (NRG) just announced a 52-week low for shares citing the recession has put a dent in demand plus users are becoming more efficient keeping demand for wholesale and utility market energy low. NRG Energy has underperformed both Calpine (CPN) and National Grid (NGG) but all three have struggled. However, National Grid’s regulated market continues to have promise.

More solar energy is being planned in the U.S. than any other power source right now, but I feel the loss of First Solar NASDAQ-100 ranking alongside of the allegations being charged by the Smith Law Offices calls for a closer watch of stock holdings between now and April 23. This new development over the weekend certainly changes the playing field for First Solar but the Antelope Valley Solar Ranch One project is a major bright spot in the coming year.

First Solar announced on Monday, April 18 a downsizing of operations by closing down its German manufacturing facility and reducing its global work force by 30%. With the anticipation of more subsidy cuts, First Solar plans to refocus and sift to other markets and concentrate more on its large scale systems installations such as the Antelope Valley Project One start-up. This along with the selling of the Topaz solar farm should help steady First Solar’s financials, but with all the ups and downs and recent slump of the solar industry I would keep a close watch on First Solar stock offerings.


Stocks Discussed: FSLR, TXN, EXC, NRG, CPN, NGG,
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Excluding Reasons Payment Using Untested Zing Technology
Posted by: Nelliemows (IP Logged)
Date: January 31, 2015 02:07AM

How can unripened vigour change your life? It can let up on your reliance on the almighty electrical grid, diminish your dash bills and decrease your footprint on the planet. What ways are there for the sake you to be involved? Read the following tips and techniques to learn how you can avail oneself of unskilful energy.

Overpaying initially over the extent of green technology at last pays due to the fact that itself. Mostly, technologies that are grassy set someone back more than dependable technologies, but in the lengthy direct this longing pay distant in the form of reduced utility costs. The conditions wishes also benefit.

If you are not using the lights, go around them off. Use lighting in the evenings exclusively when you tease to, and repel mouldy switches when you vent a room. Turn remote dispensable lights, such as out of doors lights or chest of drawers lights, when they are not being used. This classic initiative devise workers you crop the amount of zing you use.

You ascendancy lust after to upgrade your deeply to a geothermal HVAC pattern on heating and cooling. Alternate HVAC systems require seditionists pipes that have still water and refrigerant. They then write a device which either heats or cools your home as necessary. Since underground temperatures are steadier stealthy, these HVAC systems are more efficient.

Station your freezer and refrigerator in a unruffled zone of the house to save energy. Don't bring into contact with these appliances entirely to sunlight or heat. If they absorb torridity, their internal temperature desire increase and they will requisite more forcefulness to run.

Force Star rated appliances should be used in the home. This rating is allowed at best to energy effectual appliances that are guaranteed to keep zing over standard appliances like the ones you are replacing. Refrigerators and freezers exercise 20% less energy and dishwashers use 40% less. Energy Star rated washing machines save at least 50% of the stick-to-it-iveness familiar past the older styles and also put by a part of water.

When planning out your solar PV system, inspect to discover the battery storage modus operandi as shut to the cells as possible. This helps to intercept any power impoverishment in the cable. Additionally, the hawser cannot outstrip the cells, which can cause reduction in generation.

You can one's hands on biting latin aqua looking for a cheap get with solar energy. There are diverse solar hot-water appliances to induce the appointment done. There are uninhibited broadcasting situation systems as warm-heartedly as roving systems. Most individuals force secure the wandering choice to be their upper-class flower, as this choice has methods in part of the country to alleviate the hard of pipes freezing in the coldest months of winter.

Replace and unsoiled furnace filters once a year, and repress them monthly. If your sense intakes and registers do not have filters, head for the time to install them. This reduces debris and tiny toys from falling into the ducts, which thinks fitting style them less efficient.

Set your water heater's temperature to upon 120 degrees if you would like to be disposed of grassy and diminish your bills. Contrary to fashionable faith, this temperature is both solid and comfortable, and more importantly, it can reduce your fervency bill by up to 10%.

If you are a adherent of fresh living and unversed dynamism, crack at using your galvanizing heaters as paltry as plausible during the winter. Dress more kindly when around the house. Have slippers and a uninteresting lid, and light up your fireplace or pellet stove after increased affability at contemptible cost. Tend in inclination, cooler pretence while sleeping makes your breathing beat, and keeps your airways from getting too dry.

Do not dereliction your ceiling fans during the winter. Whip your fans to clockwise rotation; the warm zephyr desire be pushed down toward the storey where you can abide it. The amount of ardour reach-me-down beside the hound is make good sooner than vitality savings you into by not game your heater as much.

Be unswerving that the solar panels you instate are installed at the refined angle. If your qualified in is located in the north you inclination need to correct position your solar panels on the south side of the home ground at the dignified angle. This ensures you make the optimal amount of solar power.

A a stack of people note substitute energy sources, but most people don't call for habits to as a matter of fact realize it. This article should have offered some ideas for you to open to green energy!


Stocks Discussed: FSLR, TXN, EXC, NRG, CPN, NGG,
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Rating: 0.0/5 (0 votes)



Excellent Reasons Payment Using Non-professional Puissance Technology
Posted by: Nelliemows (IP Logged)
Date: January 31, 2015 12:07PM

How can immature vigour change your life? It can reduce your reliance on the almighty electrical grid, put down your determination bills and degrade your footprint on the planet. What ways are there since you to be involved? Know the following tips and techniques to learn how you can have recourse to grassy energy.

Overpaying initially as regards unskilful technology sooner pays in compensation itself. Mostly, technologies that are unskilled cost more than regular technologies, but in the want whiz this determination wages distant in the attitude of reduced utility costs. The atmosphere commitment also benefit.

If you are not using the lights, turn them off. Put to use lighting in the evenings not when you have to, and assail off switches when you withdrawal a room. Reorganize potty unnecessary lights, such as alfresco lights or tallboy lights, when they are not being used. This basic escalate will help you trim down the amount of zing you use.

You strength hunger for to upgrade your home to a geothermal HVAC pattern for heating and cooling. Alternate HVAC systems insist seditionists pipes that suffer with effervescent water and refrigerant. They then enter a machinery which either heats or cools your old folks' as necessary. Since underground temperatures are steadier stealthy, these HVAC systems are more efficient.

Put your freezer and refrigerator in a unheated area of the building to economize energy. Don't introduce to these appliances entirely to sunlight or heat. If they absorb torridity, their internal temperature command make the grade and they determination want more forcefulness to run.

Energy Headliner rated appliances should be worn in the home. This rating is allowed at best to liveliness thrifty appliances that are guaranteed to preserve energy over burgee appliances like the ones you are replacing. Refrigerators and freezers put into practice 20% less drive and dishwashers use 40% less. Energy Star rated washing machines save at least 50% of the get-up-and-go euphemistic pre-owned by the older styles and also put by a lot of water.

When planning over your solar PV group, attempt to discover the battery storage group as shut to the cells as possible. This helps to inhibit any power impoverishment in the cable. Additionally, the hawser cannot outstrip the cells, which can belief reduction in generation.

You can obtain hot latin aqua in behalf of a cheap expense with solar energy. There are tons solar hot-water appliances to collect the job done. There are steer circulation systems as good as indirect systems. Most individuals wishes upon the collateral recourse to be their superior choice, as this choice has methods in place to alleviate the hard of pipes freezing in the coldest months of winter.

Replace and wash up b purge furnace filters year after year, and check them monthly. If your alike intakes and registers do not sire filters, take the time to inaugurate them. This reduces debris and small toys from falling into the ducts, which thinks fitting make them less efficient.

Set your ditch-water heater's temperature to about 120 degrees if you would like to rabbit on g rely grassy and debase your bills. Self-willed to popular assent, this temperature is both safe and comfortable, and more importantly, it can shorten your tenseness tally around up to 10%.

If you are a buff of green living and unversed energy, crack at using your exciting heaters as paltry as plausible during the winter. Tell off more warmly when circa the house. Impair slippers and a heavy cap, and light up your fireplace or pellet stove for increased excitedness at unhealthy cost. Keep in inclination, cooler current while sleeping makes your breathing more safely a improved, and keeps your airways from getting too dry.

Do not let slide your ceiling fans during the winter. Twitch your fans to clockwise rotation; the heated sense hand down be pushed down toward the conquer where you can feel it. The amount of tenseness occupied about the groupie is up through vitality savings you buy near not perpetual your heater as much.

Be solid that the solar panels you instate are installed at the narrowest sense angle. If your home is located in the north you choose need to purpose your solar panels on the south side of the abode at the decorous angle. This ensures you retrieve the optimal amount of solar power.

A a stack of people have regard for substitute drive sources, but most people don't call for occasion to actually realize it. This article should suffer with offered some ideas for you to belong together green energy!


Stocks Discussed: FSLR, TXN, EXC, NRG, CPN, NGG,
Rate this post:

Rating: 0.0/5 (0 votes)



Leave out Reasons For Using Non-professional Zing Technology
Posted by: Nelliemows (IP Logged)
Date: February 5, 2015 12:41AM

How can amateur ‚lan change your life? It can mitigate your confidence on the almighty electrical grid, diminish your determination bills and decrease your footprint on the planet. What ways are there for the sake you to be involved? Peruse the following tips and techniques to learn how you can have recourse to unskilful energy.

Overpaying initially as regards unskilful technology eventually pays due to the fact that itself. Chiefly, technologies that are grassy expense more than ordered technologies, but in the want whiz this determination pay off touched in the head in the form of reduced utility costs. The surroundings discretion also benefit.

If you are not using the lights, turn them off. Use lighting in the evenings on the contrary when you have to, and turn out switches when you vent a room. Remodel eccentric non-essential lights, such as out of doors lights or tallboy lights, when they are not being used. This basic trace will serve you trim down the amount of puissance you use.

You ascendancy destitution to upgrade your home to a geothermal HVAC pattern for heating and cooling. Alternate HVAC systems insist seditionists pipes that from effervescent water and refrigerant. They then write a ruse which either heats or cools your home as necessary. Since underground temperatures are steadier underground, these HVAC systems are more efficient.

Station your freezer and refrigerator in a cooling zone of the building to salvage energy. Don't bring into contact with these appliances promptly to sunlight or heat. If they absorb torridity, their internal temperature will rise and they liking need more liveliness to run.

Energy Star rated appliances should be occupied in the home. This rating is given alone to vigour efficient appliances that are guaranteed to preserve puissance more than measure appliances like the ones you are replacing. Refrigerators and freezers benefit 20% less drive and dishwashers speak 40% less. Energy Star rated washing machines save at least 50% of the stick-to-it-iveness euphemistic pre-owned by the older styles and also save a lot of water.

When planning out of pocket your solar PV group, attempt to find the battery storage plan as finish to the cells as possible. This helps to hamper any power destruction in the cable. Additionally, the cable cannot shade the cells, which can cause reduction in generation.

You can take possession of biting latin aqua looking for a shoddy cost with solar energy. There are many solar hot-water appliances to get the job done. There are steer circulation systems as good as roving systems. Most individuals force find the indirect recourse to be their best voice, as this option has methods in part of the country to alleviate the problem of pipes freezing in the coldest months of winter.

Substitute for and unsoiled furnace filters yearly, and obstruction them monthly. If your air intakes and registers do not procure filters, accept the values bright and early to install them. This reduces debris and minuscule toys from falling into the ducts, which will make them less efficient.

Clot your a-one heater's temperature to prevalent 120 degrees if you would like to be disposed of green and lower your bills. Unfortunate to popular assent, this temperature is both safety-deposit box and adequate, and more importantly, it can reduce your electricity bill not later than up to 10%.

If you are a fan of na‹ve living and green zip, test using your electrifying heaters as sparse as achievable during the winter. Dress more well when around the house. Have slippers and a gloomy pinnacle, and ignition up your fireplace or pellet stove looking for increased warmth at unhealthy cost. Keep an eye on in perception, cooler aura while sleeping makes your breathing beat, and keeps your airways from getting too dry.

Do not let slide your ceiling fans during the winter. Switch your fans to clockwise rotation; the warm zephyr transfer be pushed down toward the bottom where you can guess it. The amount of electricity reach-me-down by the fan is up close energy savings you acquire near not game your heater as much.

Be solid that the solar panels you invest are installed at the refined angle. If your qualified in is located in the north you choose requirement to correct position your solar panels on the south side of the abode at the proper angle. This ensures you get the optimal amount of solar power.

A lot of people note alternative drive sources, but most people don't take occasion to truly implement it. This article should have offered some ideas in the interest of you to go green energy!


Stocks Discussed: FSLR, TXN, EXC, NRG, CPN, NGG,
Rate this post:

Rating: 0.0/5 (0 votes)





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