Renewable Energy Stocks Trading Alert; Solar Stocks(NASDAQ:JASO), (OTCPK:PPRW), (SOLR) (NYSE:SOL) Get a Boost from Solar City’s Partnership Announcement with Google
June 14, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for solar and renewable energy stocks trading for June 14th featuring GT Solar International, Inc. (NASDAQ: SOLR), JA Solar Holdings, Co., Ltd. (NASDAQ: JASO), Premier Power Renewable Energy, Inc (OTCBB: PPRW) and Renesola Ltd. (NYSE: SOL).
Solar stocks were up with U.S. markets in general, getting an even bigger boost from news that SolarCity® and Google (NASDAQ:GOOG) announced the creation of a new $280 million fund to finance residential solar projects.
Renewable Energy Stocks Sector Snapshot for close June 14th
GT Solar International, Inc. (NASDAQ: SOLR) closed at $13.35, up $1.16 (9.52%)
JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) ended trading at $5.38, up 0.29 (5.70%)
Renesola Ltd. (NYSE: SOL) closed at $5.62, up 0.30 (5.64%)
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Solar Stocks Company Snapshots and Stock Charts;
Premier Power Renewable Energy, Inc (OTCBB: PPRW)
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.
GT Solar International, Inc. (NASDAQ: SOLR)
GT Solar International, Inc. is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets. The company's products and services allow its customers to optimize their manufacturing environments and lower their cost of ownership. GT Solar will be changing its name to GT Advanced Technologies as it establishes a new global brand. The new name reflects the broader range of markets and technologies the company now addresses since its acquisition of Crystal Systems in July of 2010. The transition to GT Advanced Technologies is expected to be completed in August 2011. For additional information about GT Solar, please visit www.gtsolar.com.
Google Partners with SolarCity to Create $280 Million Fund for Residential Solar Projects, Nation’s Largest to Date
Collaboration will enable thousands of new solar installations and create a new clean energy investment model for American companies
“SAN MATEO, Calif. & MOUNTAIN VIEW, Calif--SolarCity® and Google (NASDAQ:GOOG), today announced the creation of a new $280 million fund to finance residential solar projects. The Google-backed fund is the first collaboration between the Internet giant and the nation’s leading solar power and energy efficiency service provider, and represents Google’s largest investment to date in the clean energy sector. The fund is SolarCity’s largest project financing fund and the largest residential solar fund created in the U.S. SolarCity has now created 15 project funds with seven different partners to finance $1.28 billion in solar projects.
“Google is setting an example that other leading American companies can follow,” said Lyndon Rive, CEO of SolarCity. “The largest 200 corporations in the U.S. have more than $1 trillion in cash on their balance sheets. Investments in solar energy generate returns for corporate investors, offer cost savings for homeowners, create new, local jobs for jobseekers, and protect the environment from polluting power sources. If more companies follow Google’s lead, we can dramatically reduce our nation’s dependence on polluting power.”
Full News at: http://www.businesswire.com/news/home/20110614005937/en/Google-Partners-SolarCity-Create-280-Million-Fund
Premier Power (OTCBB: PPRW) Receives Strategic Investment from Genalta Power
EL DORADO HILLS, Calif. - June 14, 2011 (Investorideas.com renewable energy/green newswire) - Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets globally, announced today that Genalta Power Inc, a Canadian-based, clean power generation company leading the way in waste energy to power applications, has made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
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