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One Megawatt Solar Power System Unveiled at Gap Inc.'s West Coast Distribution Center

MMA Renewable Ventures and SunPower Corporation joined representatives from Gap, Inc. on Tuesday to unveil a one megawatt solar power system at the Gap’s West Coast Distribution Center in Fresno. The five-acre installation is one of the largest in northern California. Designed bySunPower, the system features SunPower Tracker technology that tracks the sun’s movements throughout the day. The system...

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Was Solyndra the Reason Goldman Sachs Threw First Solar Under the Bus? (FSLR; GS; SPWRA)

Goldman Sachs' downgrade of Sunpower and more particularly First Solar, with which Goldman was underwriter, major shareholder and best buds, got the investoblogs humming yesterday. GS owned 4,300,000 shares of FSLR as recently as August, 2007. The Walmart heirs were original funders of FSLR (and the largest holders). One of the things brought up on the blogs is a passage from a Fortune article we linked...

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Analyst Actions: IBM, Sunpower, G&K Services

While it may be reasonable to assume that the credit window will reopen in the months to follow on improved sentiment from government bailouts and lower Fed rates, Pichel thinks the cost of capital on renewable projects will increase by about 100 basis points due to higher bank financed interest rates, larger spreads and more upfront fees as loan syndicates "flex up" pricing.

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Analyst Actions: IBM, Sunpower - BusinessWeek

While it may be reasonable to assume that the credit window will reopen in the months to follow on improved sentiment from government bailouts and lower Fed rates, Pichel thinks the cost of capital on renewable projects will increase by about 100 basis points due to higher bank financed interest rates, larger spreads and more upfront fees as loan syndicates "flex up" pricing.

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Analyst Actions: IBM, Sunpower, G&K Services - BusinessWeek

While it may be reasonable to assume that the credit window will reopen in the months to follow on improved sentiment from government bailouts and lower Fed rates, Pichel thinks the cost of capital on renewable projects will increase by about 100 basis points due to higher bank financed interest rates, larger spreads and more upfront fees as loan syndicates "flex up" pricing.

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First Solar, SunPower downgraded by Goldman on solar fears (FSLR; SPWRB)

Goldman was a major holder of FSLR and acted as bookrunner on the last stock offering. I'm guessing they sold somewhere closer to last spring's all time high of $317.00 than to the current $140.00, down $19.71. The Billion dollars of insider selling up around $300.00 is looking pretty smart too. From MarketWatch : Goldman Sachs took a "cautious" stance on solar, lowering First Solar to conviction sell...

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First Solar, SunPower downgraded by Goldman on solar fears

LONDON (MarketWatch) -- Goldman Sachs took a "cautious" stance on solar, lowering First Solar to conviction sell from buy and SunPower to sell from buy. "The risk of oversupply in the solar market will soon become a reality as considerably less generous demand subsidies take hold just as a wave of supply and tight financing hit the market. We believe that liberal subsidies of the past in markets like...

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Goldman Sachs Cuts Solar Stock Benchmarks (FSLR, SPWRA, CSIQ, LDK))

Two key solar stocks are being hit hard in early indications. First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation (NASDAQ: SPWRA) have both been... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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SunPower to add U.S. solar jobs

SunPower Corp. will add jobs to it U.S. operations "immediately" because of the eight-year extension in solar power tax credits passed by the government last week, CEO Tom Werner said.

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Ogilvy Public Relations Worldwide: SunPower Selects Ogilvy Public Relations Worldwide as Agency of Record for Global Public Relations Support

SAN FRANCISCO, CA (MARKET WIRE) Following a competitive pitch process, SunPower Corp. (NASDAQ: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, has announced the selection of Ogilvy Public Relations Worldwide (Ogilvy PR) as its new agency of record for public relations.

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SunPower to Announce Third Quarter Results on Oct. 16, 2008

SAN JOSE, Calif., Oct. 2 -- SunPower Corp. (Nasdaq: SPWRA, SPWRB) will announce its third quarter earnings in a conference call on Thursday, October 16th at 10:30 a.m. Pacific Time. The call-in number is 5...

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AT&T Installing 1 Megawatt Solar System

AT&T has announced that it is working with SunPower , Pacific Gas and Electric , Morgan Stanley and CH2M HILL to install and operate a 1-megawatt solar power system at AT&T’s facility in San Ramon. The system is expected to generate up to 25 percent of peak power and 5.5 percent of the facility’s annual electricity [...]

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AT&T Switches to Renewable Energy

AT&T announced a partnership with SunPower Corporation, CH2M HILL, Pacific Gas and Electric Company (PG&E) and Morgan Stanley to create a solar power system for the company's San Ramon campus. The California installation will be used to cover up to 25 percent of the campus' peak power needs and 5.5 percent of its annual electricity needs. The San Ramon solar installation will be approximately one...