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Friday, March 27, 2009

Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Get A Boost from News on Chinese Subsidies

Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Get A Boost from News on Chinese Subsidies

Investors Have a Little Fun in the Sun; Yingli Green Energy (NYSE: YGE) Up 44.82%


POINT ROBERTS, WA —March 27, 2009 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks following news of China’s proposed subsidies for solar installations.

Several of the solar leaders had impressive gains, with Yingli Green Energy (NYSE: YGE) moving up 44.82% on the day.

Renewable Energy Stocks solar expert, J. Peter Lynch commented, “As I have said many times in the past, solar stocks are FAR MORE volatile than the average stock and that we can expect this above average volatility to continue because of the early stage of the industry and the general nature of the market we are in today. However, the past 4 trading days have been nothing less than spectacular for solar stocks. The 21 companies we track are up an AVERAGE of 42%, which to the best of my knowledge is an unprecedented move by any market sector in my experience. The average gain is close to 5 FOLD greater than the movement of the Dow, the S&P and the NASDAQ.”

Read the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/

Solar investors can also track the Ardour Solar Energy Index (^SOLRX) (Market, News), a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting for sector indications.

Solar Stocks Sector Close-Up as of Close of Trading March 26, 2009

Akeena Solar Inc. (NASDAQ:AKNS) closed up$ 0.28 (31.46%).
Entech Solar (OTCBB: ENSL) traded up $0.05 (16.20%).
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) was up 0.29 (16.57%) on the day.
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $16.41 (12.25%).
JA Solar (Nasdaq: JASO) ran up $ 1.11 (41.73%).
LDK Solar ADR (NYSE: LDK) (Market, News) closed up $ 1.87 (31.75%).
SunPower Corporation (NasdaqGS: SPWRA) (Market, News ) closed up $ 2.64 (10.98%).
Trina Solar Limited (NYSE: TSL) gained $3.53 (40.76%).
Yingli Green Energy (NYSE: YGE) (Market, News) had a massive run, closing up $ 1.86 (44.82%).
XsunX: (OTCBB: XSNX) closed up 12.67% at $0.17.

For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

Featured Showcase Solar Stock:

XsunX Inc. (OTCBB: XSNX)
Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts as soon as possible. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/


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For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.comSource: RenewableEnergyStocks.com, Investorideas.com

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