CFA Commentary on Solar Stock XsunX (OTCBB: XSNX); Hybrid Manufacturing Solution May Lower Solar Costs
August 12, 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com and its renewable energy investor portal, www.renewableenergystocks.com, release CFA commentary on XsunX, Inc. (OTCBB: XSNX), a solar stock developing CIGSolar™ Technology. Lisa Springer, CFA, is an Equity research analyst and financial writer.
CFA Commentary on Solar Stock XsunX (OTCBB: XSNX) Hybrid Manufacturing Solution May Lower Solar Costs
Stocks in this article include: XsunX (OTCBB: XSNX), Intevac (NASDAQ:IVAC), Sunpower (NASDAQ: SPWRA, SPWRB), Chevron Energy (NYSE: CVX)
Lisa Springer, CFA
Equity research analyst and financial writer
The US solar module market grew 36% in 2009, according to market research firm Solarbuzz, fueled by lower cost photovoltaic (PV) cell modules, government incentives and increased use of solar energy by the utilities sector. Solar energy incentives at the state level supported approximately 30% of PV installations, but experts expect federal government incentives to be the primary driver of demand over the next two years. Solarbuzz forecasts 10-fold growth in the solar market growth by 2015, which is equivalent to 30% annual growth.
Market leaders in solar installations include Sunpower (NASDAQ: SPWRA, SPWRB), Chevron Energy (NYSE: CVX) and SPG Solar. In addition, REC Solar and Solar City are big beneficiaries of rising residential demand.
Read full article: http://www.investorideas.com/news/renewable-energy/8111.asp
Lisa Springer, CFA
Bio and disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
The author, Lisa Springer, was compensated for writing this article and doesn't own shares of any of the companies mentioned in this article.
About XsunX, Inc. - Solar Products for Life on Earth
XsunX, Inc. (OTCBB:XSNX) is working to provide a clean and capital efficient solution for the mass production of the highest efficiency, lowest cost CIGS thin-film solar cells using our new CIGSolar™ technology.
Website: http://www.xsunx.com/
Twitter: http://twitter.com/XsunXINC
See the XsunX, Inc. Flash Video - The CIGSolar Difference
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