$$$ SunPower, die amerikanische SW $$$
SunPower Signs Definitive Sale Agreement for Italian Power Plants / Etrion Acquires 28-Megawatt Montalto di Castro Solar Park
ROME, Aug. 9 /PRNewswire-FirstCall/ -- SunPower Corp. today announced that Etrion Corporation (TSX: ETX), an independent solar power producer, has signed a euro 48 million definitive sale and purchase agreement to acquire the equity in the first two phases of the Montalto di Castro solar photovoltaic (PV) power park, the largest in Italy.
The acquisition of the 20-megawatt (MW) first phase of the project for euro 36 million has been completed. The acquisition of the 8 MW second phase for euro 12 million remains subject to standard closing conditions and is expected to close by the end of the third quarter, 2010. SunPower will recognize the sale of the first phase of the project as a return of capital, and will recognize revenue on the sale of the second phase, including previously deferred EPC revenue, upon close of sale, which is expected by the end of the third quarter, 2010.
SunPower designed and built the 28 MW power plant in the Lazio region of Italy near Rome, and will provide ongoing operations and maintenance services. The first 20 MW were connected to the grid in November 2009, several weeks ahead of schedule. The 8 MW second phase was commissioned this month. An incremental 44 MW is planned to be completed and sold by the end of this year, bringing the total to 72 MW. The Montalto solar park's first and second phases are rated at 28 MW on an AC basis and 33 MW on a DC basis.
"The successful sale of the first phases of the Montalto solar park is an important milestone for SunPower," said SunPower President Howard Wenger. "The sale demonstrates our progress monetizing SunPower's European power plant pipeline of more than 1,200 MW that we acquired with the purchase of SunRay Energy in March 2010, and it helps validate our model of building and selling first-class solar power parks. Our expanding utility and power plant business provides us with strong revenue visibility in Europe, the Middle East and North America through 2014."
"Successful closure of this transaction is a tribute to the professional skills of our project sales team," said Yoram Amiga, CEO of SunRay Energy, a SunPower company. "Financiers recognize SunPower's superior quality, reliability and performance as we serve local communities with clean, renewable power. We intend to complete construction of an incremental 280 MW of Italian power plants by the end of 2011."
The Montalto di Castro park uses high-efficiency SunPower solar panels, the most efficient panels commercially available, installed on a SunPower® Tracker system. The Tracker follows the sun during the day and delivers up to 25 percent more energy than fixed-tilt systems, while significantly reducing land use requirements.
Worldwide, SunPower has more than 600 megawatts of solar power systems installed or under contract, including more than 225 megawatts of operational power plants in Europe.
http://www.finanznachrichten.de/...solar-power-plant-in-italy-256.htm
Press Release Source: SunPower Corp. On Tuesday August 10, 2010, 8:00 am
SAN JOSE, Calif., Aug. 10 /PRNewswire-FirstCall/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced it has signed an agreement with Arizona Public Service (APS) to design and construct a 15-megawatt (AC) solar photovoltaic power system at Luke Air Force Base in Glendale, Arizona. Scheduled for completion in the summer of 2011, it is expected to be the largest solar power installation at a U.S. government facility. Approximately 550 local jobs will be created during construction.
"Installed on 101 acres of underutilized land, this system will generate the equivalent of 50 percent of the annual energy requirements for Luke Air Force Base," said Air Force Lt. Col. John Thomas, 56th Civil Engineer Squadron commander at Luke. "Benefits of the project to the American taxpayers include no initial out-of-pocket expenses to the Air Force, significant long-term savings on electricity costs, and the increased energy independence associated with using reliable, emission-free solar power."
"APS is committed to building a sustainable future, which includes the expansion of our renewable energy portfolio," said Brad Albert, general manager of Renewable Energy and Resource Acquisition of APS. "This plant will not only bring more clean renewable energy to the grid, but will also create jobs during its construction."
APS will own the system that SunPower designs, builds and maintains, and sell electricity to Luke Air Force Base under a long-term agreement. The system will use high-efficiency SunPower solar panels, the most efficient solar panels on the market, with the SunPower Tracker® system. The Tracker follows the sun's movement during the day, increasing sunlight capture by up to 25 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.
The system will generate the equivalent energy required for 3,750 Arizona homes, avoiding more than 19,000 metric tons of carbon dioxide emissions each year, according the U.S. Environmental Protection Agency estimates.
"As a result of our previous experience working with the U.S. Air Force at Nellis Air Force Base in Nevada, as well as with other government agencies such as the General Services Administration and the U.S. Navy, SunPower has developed federal procurement capabilities that help agencies procure reliable, high performance solar systems utilizing a variety of mechanisms," said Karen Butterfield, SunPower's director of federal accounts. "Reliability and quality are the hallmarks of SunPower systems. We look forward to working with the APS and Luke teams on this very exciting project."
Construction is expected to commence in January once environmental assessments, permitting and site preparation is complete
SunPower (SPWRA) posted better-than-expected Q2 results.
For the quarter, the solar company reported revenue of $384 million and non-GAP profits of 15 cents a share, ahead of the Street at $401.2 million and 10 cents.
For Q3, the company expects revenue of $450 million to $490 million, with non-GAAP EPS of 8-15 cents; the Street has been projecting $458.2 million and 13 cents a share.
For Q4, the company sees revenue of $825 million to $1.025 billion, with profits of $1.05 to $1.35 a share. For the full year, SPWRA sees revenue of $2 billion to $2.5 billion, with profits of $1.35 to $1.65 a share; the Street has been forecasting $2.1 billion in revenue and profits of $1.28 a share.
SPWRA in late trading is up 42 cents, or 3.3%, to $13.35.
http://blogs.barrons.com/techtraderdaily/2010/08/...?mod=yahoobarrons
After Hours up... Die Prognoseanhebung gefällt mir!
16:49 11.08.10
Rating-Update:
New York (aktiencheck.de AG) - Die Analysten von Kaufman Brothers stufen die Aktie von SunPower (Profil) unverändert mit dem Rating "hold" ein. Das Kursziel werde von 11 USD auf 13 USD erhöht. (11.08.2010/ac/a/u)
17:00 11.08.10
Rating-Update:
Zürich (aktiencheck.de AG) - Satya Kumar, Analyst der Credit Suisse, stuft die Aktie von SunPower (Profil) mit dem Rating "neutral" ein. Das Kursziel werde von 16,30 USD auf 16,50 USD angehoben. (11.08.2010/ac/a/u)
16:34 11.08.10
Rating-Update:
Toronto (aktiencheck.de AG) - Die Analysten von RBC Capital Markets stufen die Aktie von SunPower (Profil) unverändert mit dem Rating "sector perform" ein. Das Kursziel werde von 20 USD auf 13 USD gesenkt. (11.08.2010/ac/a/u)
Schliesslich will ja ein jeder dieser Vögel seinen Daseinsberechtigung unter Beweis stellen......meist kommt dabei nur Müll heraus....siehe Deine letzten 3 Postings, die Du reingestellt hast.
Von daher stufe ich die Aktie von SunPower unverändert mit "buy" ein. Das Kurziel wird von 13 USD auf 24 USD erhöht. (13.08.2010/ac/a/u)
09:55 25.08.10
Rating-Update:
Paris (aktiencheck.de AG) - Didier Laurens und Colin Campbell, Analysten der Société Générale, stufen den Anteilschein von SunPower (Profil) mit dem Rating "buy" ein . Das 12-Monats-Kursziel werde von 31 USD auf 12,70 USD gesenkt. (25.08.2010/ac/a/u)
Naja, bin aber zuversichtlich, dass die Seitwärtsbewegung abrupt mit dem Auftreffen auf die aufsteigende Linie aushört und in einen massiven Sprung nach oben überläuft.
Seit dem ich investiert bin, ist zwar der Kurs schön gestiegen, aber hier ist richtig langweilig geworden! :o(
SunPower will install SunPower(R) Tracker(R) systems at the 103-acre site, with SunPower E19 solar panels, the most efficient solar panels on the market today. The Tracker follows the sun's movement during the day, increasing sunlight capture by up to 25 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.
Piper Jaffray initiated coverage on ten solar stocks with "Overweight" ratings on Friday, and while it would appear that the analyst is bullish on the sector, a look at the respective price targets shows a wide range of upside expectations. While the firm's $9 Suntech Power Holdings Co (NYSE: STP - News) price target actually represents a -4% discount to Thursday's closing value, Piper sees ReneSola (NYSE: SOL - News) surging by more than 80% to $20 per share.
Over the last month, ReneSola is leading the Solar Stocks Index with a 45% rally. Meanwhile, JA Solar Holdings (NASDAQ: JASO - News) and domestic player SunPower (NASDAQ: SPWRA - News) have added more than 35% for the period, and Piper sees the stocks gaining another 53% and 46% respectively based on price targets of $12 and $20 per share.
Domestic solar giant First Solar (NASDAQ: FSLR - News) got a $200 price target from the analyst, representing a 40% premium to Thursday's closing value. The stock has gained 14% over the last month, but is among solar laggards over the past five sessions. Merrimack, New Hampshire-based GT Solar International (NASDAQ: SOLR - News) got started with a $10 price target, representing a 30% premium to Thursday's closing value.
Among other Chinese Solar Stocks Index components, Piper started Yingli Green Energy (NYSE: YGE - News) with a $14 target, Trina Solar (NYSE: TSL - News) with a $35 target, Canadian Solar (NASDAQ: CSIQ - News) with a $14 target, and LDK Solar (NYSE: LDK - News) with a $12 target.
It will be interesting to see whether solar stocks can outperform moving forward, and whether Piper Jaffray is accurately forecasting respective firms' upside potential. Investors can track the Solar Stocks Index for performance trends and a suite of other metrics at tickerspy.com.
Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from dividends to ETFs to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
16:28 06.10.10
New York (aktiencheck.de AG) - Steven Milunovich, Analyst von Banc of America Securities-Merrill Lynch Research, stuft die Aktie von SunPower (Profil) von "underperform" auf "neutral" hoch, bestätigt aber das Kursziel von 16,00 USD.
Das Unternehmen leide weiterhin unter seiner hohen Kostenstruktur und dem negativen Cash flow.
Ein verbesserter Branchenausblick zusammen mit einer soliden Projektpipeline signalisiere aber, dass das Schlimmste vorüber sein könnte.
SunPower habe Maßnahmen ergriffen, um die Kostennachteile gegenüber chinesischen Konkurrenten abzubauen.
Vor diesem Hintergrund lautet die Einschätzung der Analysten von Banc of America Securities-Merrill Lynch Research für die Aktie von SunPower nunmehr "neutral". (Analyse vom 06.10.10) (06.10.2010/ac/a/a)
Members of this new SIG will create and drive standards between the rapidly evolving DPCS field, which includes DC/AC microinverters and DC/DC system optimizers, and module manufacturers. In addition, the group will establish a common industry platform for advanced electronics integration, including a plug and play criterion for mechanical connections and communications protocols between the solar panels and distributed control systems. A compatibility roadmap and implementation plan that addresses existing complexities, such as lowering costs and ease of field serviceability, will also be developed.
"As a technology leader, SunPower is pleased to spearhead this much needed leadership, establishing a protocol that will help to drive down total system costs and ensure a level of universal compatibility," said Jim Pape, SunPower president, residential and commercial business group. "We welcome our founding partners, SolarBridge and Tigo, and look forward to other companies joining this new industry cooperative."
http://finance.yahoo.com/news/...-prnews-3652888347.html?x=0&.v=1
http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=517229
Expected to Provide 70 Percent of Center's Electricity Demand; Largest Single-Rooftop Solar System in US
SAN JOSE, Calif., Oct 12, 2010 /PRNewswire via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that construction is underway on a 3.5-megawatt SunPower solar power system at Macy's, Inc. online fulfillment center in Goodyear, Ariz. The system will deliver the equivalent of 70 percent of the 600,000-square-foot building's electricity demand, and is expected to be the largest solar system on a single rooftop in the U.S. when it is completed in March of 2011.
Since 2007, Macy's has partnered with SunPower to install solar power systems on 31 Macy's facilities. These systems include a 1-megawatt installation that was recently completed on the retailer's distribution center in City of Industry, Calif. that generates the equivalent of half the power used at the facility. Upon completion of the solar power system in Goodyear, Macy's will have more than 12 megawatts of SunPower systems installed at its facilities.
SunPower is designing and installing the Goodyear system, and will provide ongoing operations and maintenance services. SunPower's E19 solar panels, the most powerful solar panels on the market today, will be installed at the site. The solar panels will be mounted using SunPower rooftop technology, including the SunPower(R) T5 Solar Roof Tile system, which approximately doubles the energy generated per square meter compared to systems that are mounted flat onto commercial rooftops.
According to estimates provided by the U.S. Environmental Protection Agency, the Goodyear system is expected to offset more than 3,500 tons of carbon dioxide emissions per year, which is equivalent to removing more than 600 cars from Arizona's highways each year.
"We applaud Macy's for its forward-thinking approach to environmental sustainability and corporate responsibility," said Jim Pape, president of SunPower's residential and commercial group. "SunPower's reliable, high quality solar technology will deliver emission-free solar power and significant operational savings for Macy's in Arizona for the next 25 years or more."
Arizona Public Service, the regional utility serving the Goodyear area, is buying the renewable energy credits associated with the system.
SAN JOSE, Calif., Oct. 14 /PRNewswire/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that AUO SunPower Sdn. Bhd., its joint venture (JV) solar cell fabrication facility (Fab 3) in Malaysia with AU Optronics Corp. (TAIEX: 2409; NYSE: AUO), has successfully manufactured the first 100 solar cells, yielding a minimum conversion efficiency of 22.2 percent.
"Our initial production runs at Fab 3 exceeded 22 percent conversion efficiency, a truly remarkable achievement," said Tom Werner, SunPower CEO. "This milestone positions AUO SunPower to meet the strong, global demand for our leading solar technology in 2011 and beyond. The combined AUO SunPower team has hit the ground running and is demonstrating our ability to attain our collective high standards of quality and reliability, while meeting our planned production schedules."
Construction and ramp of manufacturing in Fab 3 will continue through 2013 and, when complete, will generate more than 1,400 megawatts per year of high-efficiency solar cells. The company anticipates commercial production to ramp up later this year.
"The AUO SunPower JV combines SunPower's leading solar cell technology with AUO's advanced manufacturing technology and efficient management," said Mr. Feng Liang Chiu, President of AUO SunPower Sdn. Bhd., appointed by AUO. "The AUO SunPower JV is a win-win alliance that provides customers the maximum value."
http://www.prnewswire.com/news-releases/...-efficiency-104935544.html