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Friday, December 31, 2010

2010 Great for the Stock Market and even better for certain Solar Stocks

The Market in 2010
Solar Stocks and Market Commentary with J Peter Lynch
Point Roberts, South Salem, New York � December 31, 2010 - Investorideas.com, a leader in cleantech stock research tools issues new solar stocks commentary from solar contributor, J. Peter Lynch.
Solar Stocks Commentary with J Peter Lynch -
Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com: http://www.renewableenergystocks.com/PL/

2010 was certainly a year to remember. It had its ups and it had it downs, but in the end it was up an average of 13.87% (averaging the three major indexes � see table below) that is a far better than the average year and despite a constant barrage of terrible news the market continued to climb its �wall of worry�.
With everyone worrying about jobs and the economy the year seemed to be a never ending sequence of one bad set of news after the other. But if there is one think I have learned over the years is NEVER to listen to the talking heads on TV or to the hundreds of �experts� all over the internet who tell you what is going to happen tomorrow based upon what has happened today. That is silly and also, more importantly, impossible. No one can know what is going to happen or why it is going to happen, if you pay close attention you will eventually see that everyone is clearly guessing and guessing is NOT one of the tools that a successful investor employs.
The Importance of seeing �What is� verses what we think �should� be
Let me give you a totally NON logical example that will make it clear that guessing and perhaps "logical" are not really good tools for an investor. I think I can safely say that the top topics for 2010 and the ones that are on everyone's mind are: jobs, the economy, the housing crisis and the persistent recession as it drags on. So, given that background, what do you think were the top 3 market sectors in 2010 in terms of returns for investors?
Give up? Can't even guess?
Well they were:
  1. Autos
  2. Restaurants
  3. Leisure
All of them are consumer related and we all KNOW (for sure?) that this is a terrible recession and that the economy is in bad shape and that it would be impossible for consumer related areas to do well, right?
Wrong! They not only did well they were the best 3 areas.
So what can we learn from this?
What we can learn is that an investor has to STOP thinking they KNOW what "should be" given the circumstances as the investor sees them and realize that the most important thing is NOT what you think should be but "WHAT IS". If umbrella sales are going thru the roof during a massive drought - forget about what you "know" - BUY umbrella stocks!
The Best and the Worst of 2010
Now that you know the three best areas for investors in 2010, what was the worst area for investors in 2011?
The worst area for investors in 2011 was the solar sector, specifically the PV sector that we follow closely it was down and average of 14.6% in a very good year (up 13.87% on average) for the market.
Based upon this fact, it would be terrible to invest in this area for any sane investor? Correct?
Well in general, yes. If you bought each of our solar stocks you would have been down approximately 14.6% for the year. However, if you bought the "best" of the solar stocks - our solar seven, you would have been up an average of 42.94% more than 300% better than the general market averages.
2010 Stock Returns Comparison
Current Price%Change 2010


Stock Symbol

JASO6.7117.72
JKS20.898
LDK10.1945.36
SOL8.5579.62
SOLF8.258.1258
SOLR9.2366.01
TSL23.13-14.29
Solar Seven 2010 +42.94%
All Solar PV Stocks 2010 -14.60%
S&P 500 1259.78 12.97
Dow Jones 11585.38 11.1
NASDAQ 2666.93 17.53
Major Indexes Average +13.87%
Solar Seven Selection Criteria
Back in the beginning of 2010 I explained that we were rating all of our solar stocks and that the seven strongest stocks – later named – “The Solar Seven” were the strongest stocks among the industry. My rating system is a proprietary combination of various relative strength measures, technical measures and some fundamental components.
What can we learn from this amazing performance in a terrible solar market?
What we can learn is that there are always stocks going up somewhere, even in a terrible market and if you select the “strongest” stocks in a given market segment you will, on average, do quite well. Even if, they are umbrella’s in a drought – regardless of what you “think” you know, always remember that “what is, is” and always buy the strongest stocks in a sector or market. You may not always know “why” something happens, but you will, on average, do much better than most investors and most likely better than the market.
Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst an investment banker and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and advisor to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy - www.sunseries.net
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Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com� or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.
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Thursday, December 30, 2010

Nanotechnology Stocks; mPhase Technologies (OTC.BB:XDSL) Continues to Position Scalable Smart Reserve Cell Technology for 2011 Federal Funding

LITTLE FALLS, NJ - December 30, 2010 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB:XDSL) announced today that it will recommence active efforts in January of 2011 to secure federal funding for its scalable smart reserve cell technology, one of the line items included in the Fiscal Year 2011 Defense Appropriations bill that was passed in the United States House of Representatives. Scalable Smart Reserve Cell Technology was listed to receive funding as part of the omnibus appropriations bill that failed to achieve a bipartisan compromise in the United States Senate in December of 2010, as part of the budget for the current 2011 fiscal year. Nevertheless, the Company is actively seeking to have such line item funding reintroduced in January of 2011, as part of early consideration in a defense appropriations bill for the 2011 fiscal year, and it is anticipated that it should be a high-priority item for the next Congress to augment to the temporary resolution that is currently funding the U.S. government.
"We are encouraged that the prior Congress has recognized the importance of this technology," said Mr. Ronald Durando, mPhase's President and Chief Executive Officer. The bill that was passed by the House of Representative in the last Congressional session is the first time Congress specifically designated funding for this type of technology. The Company continues to believe that it will be well positioned for a defense appropriations line item in the next Congress that convenes in January of 2011, given the company's leadership in the field.
The company is a leader in developing new innovative products using micro fluid dynamics, MEMS and super-hydrophobic suspension and separation of liquids on micro structures of silicon, developed through the science of nanotechnology. mPhase began using nanotechnology to develop power cells in 2004 with the Bell Labs division of Alcatel-Lucent (formerly Lucent Technologies, Inc.)
The Company has successfully delivered to the United States Army under a Phase II STTR grant a prototype of its Smart NanoBattery. "We believe that the successful delivery of a prototype of a first of its kind reserve battery designed for backup power for critical mission computer memory is vital in strategic weapons systems and sensor networks," said Durando. The company is positioned to custom tailor its Smart NanoBattery for a variety of military subsystems and critical mission commercial products. The Company is in the process of applying for new Phase I grants under both STTR and SBIR programs promulgated by the United States Department of Defense and the United States Department of Energy, as well as National Science Foundation grants.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab on a chip analytic systems, self cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award winning product designed by PorscheDesign Studio and sold via the mPower website: http://www.mpowertech.com.
More information about the company can be found at http://www.mPhaseTech.com.
Forward Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company s products in the market; the Company s success in technology and product development; the Company s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company s SEC filings, including the financial statements and related information contained in the Company s SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
mPhase Technologies, Inc. 973 256 3737
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Wednesday, December 29, 2010

Green Car Stock News; EVCARCO's (OTC.BB: EVCA) New CEO Set to Implement Franchise Strategy

DALLAS, TX - December 29, 2010 (Investorideas.com renewable energy/green newswire) - EVCARCO (OTCBB: EVCA) is pleased to announce that the Company has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCARCO's board of directors. Mr. Sanders will be mainly responsible for the Company's roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of the Company.
Mr. Sanders comes to EVCARCO with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.
"I am excited to join EVCARCO and bring my knowledge and expertise in the retail and wholesale operations, inventory management and new car franchise business, which will enable EVCARCO to build its own franchise brand for environmentally friendly dealerships," stated Mack Sanders, CEO of EVCARCO.
"Mack Sanders brings a strong history of automotive expertise to our management team, which will enable us to quickly achieve key milestones in 2011," stated Nikolay Frolov, Chief Financial Officer and Director of EVCARCO.
About EVCARCO
EVCARCO (OTC.BB:EVCA) (Pinksheets:EVCA) (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact:
Richard Griffiths
Press and media
Email Contact
800-486-3404
Joshua Spivey
CIO/Investor Relations
800-960-1452
Visit the EVCA showcase profile at Investorideas.com
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Thursday, December 16, 2010

Green Car Stock News; EVCARCO (OTC.BB: EVCA) Announces the Appointment of Its New CEO

DALLAS, TX and FORT WORTH, TX - December 16, 2010 (Investorideas.com renewable energy/green newswire) - EVCARCO (OTCBB: EVCA) (Pinksheets:EVCA) and its Board of Directors today announces the appointment of Mack Sanders as the new Chief Executive Officer (CEO). Mr. Sanders, a 28 year veteran of the automobile industry, will help the company in its efforts to facilitate future acquisitions, franchise development, and its growth potential in the United States.
EVCARCO is being publicly traded on the (OTC.BB:EVCA) (Pinksheets:EVCA).
About EVCARCO
EVCARCO (OTC.BB:EVCA) (Pinksheets:EVCA) (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
Forward-Looking Statement
This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Contact:
Richard Griffiths
Press and media
Email Contact
800-486-3404
Joshua Spivey
CIO/Investor Relations
800-960-1452
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Wednesday, December 15, 2010

Solar Stocks News ; NRG (NYSE:NRG) to Acquire 290-Megawatt Agua Caliente Solar Project from First Solar (Nasdaq:FSLR )

Solar Stocks News ; NRG (NYSE:NRG) to Acquire 290-Megawatt Agua Caliente Solar Project from First Solar (Nasdaq:FSLR )



Project will be the largest photovoltaic solar field in the world when completed; Enhances NRG’s growing Arizona business
PRINCETON, N.J. & TEMPE, Ariz.--(www.investorideas.com renewable energy/green newswire ) -- NRG Energy, Inc. (NYSE:NRG) and First Solar, Inc. (Nasdaq:FSLR ) announced that NRG, through its wholly owned subsidiary, NRG Solar, has agreed to acquire the 290-megawatt (MW) Agua Caliente solar project from First Solar. The project is scheduled to be completed by 2014 and has a 25-year power purchase agreement with Pacific Gas and Electric Company. When completed, Agua Caliente is expected to be the largest operational photovoltaic (PV) site in the world.


Located in Yuma County, AZ, the Agua Caliente project is expected to generate state and local tax revenues, provide wages for up to 400 construction jobs and create economic benefits for many local businesses.
“Solar power is critical to transitioning our nation to having a greater emphasis on large-scale clean energy technologies and it is going to be projects of the scale of Agua Caliente that will help us achieve this ambitious goal,” said David Crane, President and CEO of NRG Energy. “This investment significantly increases our presence in the state and benefits the residents of Arizona while providing attractive returns to NRG’s stakeholders.”


At full capacity, NRG estimates the 290 MW project will provide clean, zero-emission electricity for more than 225,000 homes. The project is expected to offset approximately 5.5 million metric tons of CO2 over 25 years, the equivalent of taking over 40,000 cars off the road annually. Agua Caliente will generate electricity with no air emissions, no waste production and no water consumption.
“Agua Caliente is representative of our mission to provide clean, affordable, sustainable solar energy, capitalizing on our advanced thin-film technology and the tremendous solar resource of Arizona,” said Rob Gillette, CEO of First Solar. “We are very pleased to further expand our relationship with NRG as the owner of Agua Caliente, the first of our multi-hundred-megawatt utility-scale projects to begin construction.”


An application has been submitted to the U.S. Department of Energy for a federal loan guarantee in connection with the financing of the project, which is expected to be one of the first in the U.S. to start construction under the program. Closing of the acquisition is contingent on receiving the federal loan guarantee. NRG plans to invest up to $800 million of equity in the project through 2014 through a potential combination of cash on hand in addition to third-party investor equity.


Situated on 2,400 acres of land between Yuma and Phoenix, AZ, the Agua Caliente project has secured all necessary permits for construction and the early construction phases have begun. First Solar has developed the project and is the engineering, procurement and construction contractor, using its advanced thin-film PV modules. First Solar will provide operations and maintenance services.


The Agua Caliente solar project is the latest in a series of clean energy advancements NRG has made in Arizona this year. In June, NRG purchased the district energy system in Phoenix, NRG Energy Center Phoenix, that produces and distributes chilled water to customers in the Phoenix central business district as well as operating and maintaining district energy/combined heat and power plants for Arizona State University and in Tucson. In September, NRG began an initiative with Kennedy Partners to develop solar arrays for Arizona schools to meet their own electricity needs while providing new teaching tools and shade for parking. NRG is also developing a 25 MW solar photovoltaic project for Tucson Electric Power to help meet the energy demands of the state with renewable energy.

“Arizona is a key area of growth for NRG where our investment is creating local jobs and building infrastructure,” said Tom Doyle, president of NRG Solar and a Phoenix resident. “It is very gratifying to be able to see the benefits of our partnerships with local schools, providing cooling and heating for local businesses and universities and developing solar fields like Agua Caliente and our project for Tucson Electric Power. This is a relationship that will benefit all Arizona residents for a very long time.”


About NRG Solar
NRG Solar is a subsidiary of NRG Energy, Inc., a Fortune 500 and S&P 500 Index company that owns and operates one of the country’s largest and most diverse power generation portfolios. Headquartered in Princeton, NJ, the Company’s power plants provide nearly 26,000 megawatts of generation capacity—enough to supply nearly 21 million homes. NRG’s retail businesses, Reliant Energy and Green Mountain Energy Company, combined serve more than 1.8 million residential, business, commercial and industrial customers. With investments in solar, wind and nuclear power, as well as electric vehicle infrastructure, NRG is working to help America transition to a clean energy economy. More information is available at http://www.nrgenergy.com/.


Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding the Agua Caliente Solar Project and forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, weather conditions, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, unanticipated outages at our generation facilities, the failure to receive a loan guarantee from the U.S. Department of Energy or the inability to access other financing arrangements, the inability to implement value enhancing improvements to plant operations and companywide processes, our ability to create and maintain successful partnering relationships.


NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.


About First Solar
First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic (PV) system solutions. The company is delivering an economically viable alternative to fossil-fuel generation today. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective, renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit http://www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.



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Green Stocks; Westinghouse Solar (Nasdaq:WEST ) Fourth Quarter 2010 Update

Green  Stocks; Westinghouse Solar (Nasdaq:WEST ) Fourth Quarter 2010 Update
CAMPBELL, Calif., Dec. 15, 2010 (www.investorideas.com renewable energy/green newswire ) -- Akeena Solar, Inc. d/b/a Westinghouse Solar, (Nasdaq:WEST ), a manufacturer and distributor of solar power systems, today provided a fourth quarter 2010 business update.
On September 10, 2010 Westinghouse Solar announced it would be expanding its distribution business to include sales of its Westinghouse Solar Power Systems directly to dealers in California, and exiting its solar panel installation business. The company provided guidance on October 28 that it anticipated sequential revenue growth for its distribution business of approximately 40-50% in the fourth quarter of 2010 as compared to the third quarter.

"We are encouraged by the pace of sales in the fourth quarter and we are confident that we will see sequential revenue growth in excess of 50%," said Barry Cinnamon, CEO of Westinghouse Solar. "Our agreement with Real Goods Solar to become an authorized Westinghouse Solar installer jump-started our California distribution business as they are installing Westinghouse Solar systems in the fourth quarter on projects we transferred to them, and are selling new systems that will be installed in 2011. We continue to add new dealers both within California and in the rest of the country, and our network of installers is now over 130 independent solar dealers extending into 34 states plus Canada.

"So far, we are seeing positive signs that the distribution business should prove to be as scalable as we anticipated when we made the decision to exit the installation business. We are also continuing discussions with new strategic distribution partners to increase our top line sales, and supplier partners to reduce our costs. We continue to anticipate that our cash operating expenses for continuing operations will be approximately $1.5 -- 1.6 million in the fourth quarter. In addition, our efforts to protect our solar panel installation technology are evidenced by the latest patent we received from the U.S. Patent and Trademark Organization," concluded Cinnamon.

About Akeena Solar, Inc. d/b/a Westinghouse Solar (Nasdaq:WEST )
Westinghouse Solar is a manufacturer and distributor of solar power systems. Award winning Westinghouse Solar Power Systems provide a leading combination of safety, performance and reliability, while backed by the proven quality of the Westinghouse name. For more information on Westinghouse Solar, visit http://www.westinghousesolar.com/.


Statements made in this release that are not historical in nature, including those related to future revenue, revenue growth, operating expense rates and cost reductions, and product offerings in future periods, constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "expects," "projects," "plans," "will," "may," "anticipates," believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified, and our actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks associated with the inherent uncertainty of future financial results, additional capital financing requirements, development of new products by us or our competitors, the effectiveness, profitability, and marketability of such products, our ability to protect proprietary rights and information, the impact of current, pending, or future legislation, regulation and incentive programs on the solar power industry, the impact of competitive products or pricing, technological changes, our ability to identify and successfully acquire and grow distribution customers, and the effect of general economic and business conditions. All forward-looking statements included in this release are made as of the date of this press release, and Akeena Solar assumes no obligation to update any such forward-looking statements.

Contact:Westinghouse SolarBarry Cinnamon, Chief Executive Officer(408) 402-9400
bcinnamon@westinghousesolar.com

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Cleantech Stock News; OPEL Solar Launches OPEL Solar Asia, Ltd.

Cleantech Stock News; OPEL Solar Launches OPEL Solar Asia, Ltd.

–OPEL Forges into Growing CPV Solar Market in Asia in Joint Venture with Ecotech–
-Relationship Starts with 2 Megawatt Product Order-
Shelton, CT and Toronto, ON, December 15, 2010 – ( http://www.investorideas.com/ cleantech stocks blog ) OPEL Solar, Inc. (TSX-V: OPL) (“OPEL” or “the Company”), a leading global supplier of high concentration photovoltaic (“HCPV”) solar panels and other solar products including ground-based and rooftop tracker systems, today announced the formation of OPEL Solar Asia Ltd (“OSA”) in Hong Kong. OPEL Solar, Inc. in the U.S. and Ecotech Environmental Technology Ltd (“Ecotech”) based in Hong Kong, are the two partners in the joint venture (“JV”). For OPEL this represents the beginning of a long-term goal to position OPEL to enter East Asia, developing the HCPV market. In signing the agreement, OPEL Solar’s advanced HCPV technology moves into what has been deemed the fastest growing solar market in the world with years of strong growth projections ahead.
The mission of OPEL Solar Asia Ltd. is to market OPEL HCPV products throughout East Asia. The primary country targeted for CPV market penetration is China. “With Ecotech, OPEL Solar found a well-established partner to advance our business into East Asia. In fact, according to a recent posting on New Energy World Network, China’s photovoltaic market is one of the largest in the world and has a robust growth projection,” said Frank Middleton, COO of OPEL Solar, Inc. “OPEL chose to enter this market with Ecotech because of their profound regional knowledge and client base, with the added advantage that since Ecotech is established, it serves to minimize our start-up expense,” Frank added.



The creation of OSA includes an initial purchase order for two megawatts (“MW”) of OPEL Solar’s HCPV system products both the solar modules and tracker models. This order is an example of the rising demand for HPCV systems in China. Getting more specific, Middleton continued, “These products are expected to fulfill immediate contracts Ecotech has secured within the People’s Republic of China, and it represents a multimillion dollar revenue opportunity for OPEL Solar, which results in revenue during the first year of operations of the JV.”



In addition to the initial 2MW order for OPEL Solar’s HCPV products, it is anticipated that OPEL Solar Asia will continue a vigorous ordering stream. “The establishment of OPEL Solar Asia with its anticipated order projection represents significant value growth for OPEL Solar’s stakeholders,” said Leon M. Pierhal, CEO of OPEL Solar Inc. “Such a burgeoning CPV solar market in East Asia may bring to OPEL revenues approaching $100 million over the next four to five years. The decision to pursue a joint venture strategy to enter East Asia is one of the most important decisions we have made to support the rapid growth of the Company,” Pierhal further stated other worldwide joint ventures are in various stages of negotiations for 2011.



“We believe OPEL Solar has proven technology and a good product for the CPV market in East Asia. Ecotech is honored to be OPEL Solar’s JV partner in penetrating this market. There are challenges ahead but the chance of capturing market opportunities in this region is very real. We will work hand in hand with OPEL Solar and our strategic partners and customers in China to realize these goals,” said Michael Lam, Chairman of Ecotech and Chairman & CEO of the E&K Holdings Group.

The OPEL Solar products shipped for the 2MW order will open the door for local manufacturing by OSA, as Ecotech has an established network of local manufacturers. Once the manufacturing processes attain solid efficiency, OSA will assume the full manufacturing process to install complete HCPV utility grade solar farms.

About Ecotech Environmental Technology Ltd., a Division of E&K Holdings Group
Ecotech Environmental Technology Ltd. "Ecotech" has three business units in Cleantech Energy, LED Lighting, and Solar Applications and Devices. It is a vertically integrated solutions provider spanning product development, system design, manufacturing, assembly and test, project management, installation, commissioning, and after-sales services. Its vision is to contribute to greening of global environment through solar and wind energy generation, and energy-saving LED lighting solutions. Ecotech is owned by E&K Holdings Group, which is established in 1999 and based in Hong Kong. E&K Holdings Group has four core businesses both in Hong Kong and in the Mainland China, with more than 1,000 employees. For more information, please visit www.ekgroup.com.hk and www.ecotech-sz.com.cn,



About OPEL Solar International Inc. and OPEL Solar, Inc.
With OPEL Solar, Inc. operations headquartered in Shelton, CT and the headquarters office in Toronto, Ontario, Canada, OPEL designs, manufactures and markets high performance concentrating photovoltaic (“HCPV”) panels to transform solar energy into electricity for worldwide application. OPEL’s high performance photovoltaic concentrating panels generate up to 40% more kilowatt-hours than conventional flat plate silicon solar panels, resulting in more cost effective electricity generated from the sun. OPEL also markets a complete line of dual and single axis solar trackers to mount solar panels for the optimum power output. OPEL designs infrared sensor type products for military, consumer, industrial and commercial applications.

A leader in gallium arsenide and solar concentrating photovoltaic technology, the Company has been awarded 33 patents and has 17 more patents pending. OPEL’s common shares trade on the TSX Venture Exchange under the symbol “OPL”. For more information about OPEL, please visit the Company’s website at www.opelinc.com.
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Friday, December 03, 2010

Solar Stocks; XsunX (OTCBB: XSNX) MoneyTV with Donald Baillargeon

LOS ANGELES, CA- December 3, 2010 (Investorideas.com renewable energy/green newswire) - New solar power technologies, reopening closed oil wells, advanced algae center, register your Twitter name; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.
Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's program include:
Solar3D, Inc. (OTC.BB:SLTD) CEO James Nelson talked about the amount of solar power conventional solar panels lose and how his company's 3D design provides superior capture technology.
GoIP Global, Inc. CEO Ike Sutton announced a new program aimed at Twitter users.
OriginOil, Inc. (OTC.BB:OOIL) CEO Riggs Eckelberry announced the company has been selected to build an advanced algae center in New Mexico.
Lucas Energy, Inc. (AMEX:LEI) CEO William Sawyer announced new developments which he said would result in enhanced revenue.
XsunX, Inc. (OTC.BB:XSNX) CEO Tom Djokovich displayed a new CIGS solar cell and explained the company's advantages to potential manufacturing licensees.
RBC Wealth Management Senior VP Irwin Shapiro analyzed the bond market.
MoneyTV debuted in 1996 and is broadcast internationally in more than 170 million TV households in over 60 countries.
A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net.
MoneyTV Executive Producer and Anchor Don Baillargeon is also the host of MoneyRap Radio, http://www.moneyrap.com and the television program Health This Week, http://www.healththisweek.com.
MoneyTV television program, Copyright MMX, all rights reserved. MoneyTV does not provide an analysis of companies' financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,500.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by Donald Baillargeon, the producers, publisher or parent company of MoneyTV.
Contact:
Donald Baillargeon
Executive Producer
MoneyTV
949 388 5267
Info@moneytv.net
About XsunX
XsunX is pioneering a new manufacturing process to produce low cost, high efficiency thin-film CIGS solar cells through the combination of thin-film photovoltaic (TFPV) process knowledge with select magnetic media thin-film manufacturing technologies pioneered in the hard disc drive industries. The company believes that leveraging small area and high rate production methods will reduce the processing defects plaguing large-scale production processes currently implemented in the marketplace.
The Company's offering license manufacturing opportunities for this technology to regional manufacturers.
For more information please call XsunX at 888-797-4527, or visit the company's website at www.xsunx.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company
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Disclosure, Disclaimer/ XSNX is a paid advertising client on Investorideas.com and our renewable energy portals.