Renewable Energy Stocks Sector Close-Up; Investors See Green in North American Stocks as well as German Solar Stocks
POINT ROBERTS, WA —January 28, 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 renewable energy stocks trading as of January 27th, 2009.
Sector Close-Up as of Trading Close January 27, 2009:
Akeena Solar Inc. (NASDAQ:AKNS) closed down on the day, but up in after market hours.
Archer-Daniels-Midland Co. (NYSE:ADM) had gains of $0.29.
Canadian Solar Inc. (NasdaqGM: CSIQ) increased $0.12 (2.30%).
Carbon Sciences, Inc. (OTCBB: CABN) closed unchanged on the day.
China Technology Development (NASDAQ: CTDC) closed up $ 0.05 (2.24 %),
Clean Energy Fuels Corp. (NASDAQ:CLNE) closed down $0.02 but up in after hours trading.
Energy Conversion Devices, Inc. (NasdaqNM: ENER) was up $ 0.71 (2.86%) and continued gains in after hours trading.
Evergreen Solar Inc (NASDAQ:ESLR) closed up $0.09 (4.25%).
First Solar, Inc. (NASDAQ: FSLR) had gains of $2.03.
GWS TECHNOLOGIES INC (OTCBB: GWSC) closed down at $0.26.
ICP Solar Technologies Inc. (OTCBB: ICPR) traded up $ 0.02 (15.03%).
Mantra Venture Group Ltd. (OTCBB: MVTG) closed at $0.359.
OriginOil, Inc (OTCBB: OOIL) closed up $0.01 (2.78%).
SunPower Corporation (NasdaqGS: SPWRA) had gains of $0.75 (2.60%).
Suntech Power Holdings Co. Ltd. (NYSE: STP) moved up $0.55 (6.21%).
Sustainable Energy Technologies Ltd (TSX.V: STG) closed unchanged.
Westport Innovations Inc. (WPT.TO) was up $ 0.03 (0.45%)
Yingli Green Energy (NYSE: YGE) closed up $0.06 (1.14%) and another $0.12 (2.25%) after hours.
XsunX Inc. (OTCBB: XSNXE) closed at $0.175.
German solar stocks saw gains with: Phoenix Solar AG (PS4 GY) up 11%,
Q-Cells SE (QCE GY) up 4.3 percent to 19.93 euro and Solarworld AG (SWV GY) gaining 7.3 % 16.27 euros.
Investor Ideas solar expert J. Peter Lynch noted, “German solar stocks showed some life yesterday after two of the strongest German PV companies Q-Cells and Solarworld confirmed strong outlooks for 2009. Both companies are close to giving technical buy signals, especially Solarworld, which is close to breaking through upside resistance. I consider both of these companies to be the leaders of the German PV industry group.”
Read Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/
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 Renewable Energy Stocks:
XsunX Inc.: (OTCBB: XSNX)
Recent News: XsunX Announces Sales Contract to Supply 4 Megawatts of its ASI-120 Thin Film Solar Modules
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 by 2010. 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/
OriginOil, Inc: (OTCBB: OOIL)
Watch video: CEO Riggs Eckelberry discusses algae as a reliable source for biofuel production and its future under a new administration. “This is the beginning of a new industry for investors he comments.”
http://www.emergingcompany.com/volume13week3f.htm
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. http://www.investorideas.com/CO/OOIL/Default.asp and www.originoil.com.
Carbon Sciences, Inc. (OTCBB: CABN)
Recent news: Carbon Sciences Readies for Growth as Obama Inauguration Marks Dramatic Shift in U.S. Policy and Federal Support for Renewable Energy
Carbon Sciences, Inc. is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/ and http://www.carbonsciences.com/
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Compensation disclosure for XSNX, CABN, OOIL, MVTG:
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For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
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