All posts tagged ‘solar’
by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
Shares of solar power technology provider Trina Solar (TSL) fell as much as 5.4 percent today after the company this morning announced sales and profit that missed estimates despite a big jump in sales and profit, year-over-year. The selloff may be overdone, opined Raymond James analyst Pavel Molchanov in a chat I had with him by phone this afternoon.
Trina sales of $204.2 million nearly tripled from the prior-year period, beating the average $202.5 million estimate, while profit of 68 cents was short of an 81-cent estimate, in large part because of a $6.1 million foreign exchange loss owing to the rise in the Chinese Renminbi against the dollar.
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Posted at 3:27 PM PT
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Tagged: Barron's, Chinese Renminbi, Pavel Molchanov, Raymond James, Tech Trader Daily, Tiernan Ray, Trina Solar, Voices, dollar, frontpage, solar | permalink
by John Murrell, Blogger, Good Morning Silicon Valley
It’s difficult for us layfolk to gauge the real implications of breakthrough research announcements, but when the scientists start throwing around words like “nirvana,” it does catch the attention. And from the description of the latest work of MIT’s Daniel Nocera, the Henry Dreyfus Professor of Energy, it’s easy to get excited. Nocera and team say they’ve come up with an answer to the dark side of solar energy–the difficulty of storing it for when the sun isn’t shining.
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by Therese Poletti, Senior Columnist, MarketWatch, Tech Tales
As companies like Intel Corp., IBM Corp. and Hewlett-Packard Co. have made moves in the solar power space, many have wondered if these high-tech heavyweights could use either their manufacturing or intellectual muscle to push down costs and thereby lower the price of solar power. Perhaps eventually, but not quite so fast.
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by Joseph Romm, Senior Fellow, Center for American Progress
One of oldest forms of energy used by humans–sunlight concentrated by mirrors–is poised to make an astonishing comeback. I believe it will be the most important form of carbon-free power in the 21st century. That’s because it’s the only form of clean electricity that can meet all the demanding requirements of this century.
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by Katie Fehrenbacher, Editor, Earth2Tech
Israel’s growing solar industry, early moves on electric vehicles (the home to Shai Agassi’s first electric-vehicle infrastructure project) and recently funded water start-ups are making the state one of the front-runners of the cleantech revolution. And Israel keeps churning out new solar start-ups; on Monday a solar photovoltaic company called Pythagoras Solar said it had raised a Series A round of $10 million.
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by Katie Fehrenbacher, Editor, Earth2Tech
British Telecom made a major bet on renewable energy last October, saying it planned to invest close to half a billion dollars in wind farms to meet 25% of the company’s U.K. power needs by 2016. Now BT’s clean energy goals are crossing the pond, to its U.S. headquarters. The company said today at a press conference in El Segundo, Calif., where company executives, Prince Andrew Duke of York and the mayor of El Segundo spoke, that it’s building a 500-kilowatt solar photovoltaic system for its North American HQ.
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