Solar Stocks Positive; First Solar (NASDAQ:FSLR), On the Move Trading to $45.20

Posted on 2/20/2012 10:24:45 AM in #Stocks | 0 comments comments

New York, NY - February 17, 2012 - (Investorideas.com
renewable energy/green newswire) Investorideas.com, a leader in renewable
energy stock research for independent investors, issues an investor alert for
solar stock First Solar (NASDAQ:FSLR). The stock is currently trading at
$42.45, up2.74 (6.90%) 12:50PM EST, with a day’s range of $42.23 - $45.20.

Several solar stocks are up in today's session, following
positive news in the sector including fourth quarter results from SunPower
Corp. (NASDAQ: SPWR) announced yesterday on the close.

According to the company press release, "We finished
the year with a better than expected fourth quarter, as demand for SunPower's
differentiated technology sold through our diversified downstream channels
enabled us to reach annual records in both revenue and shipments," said
Tom Werner, SunPower president and CEO. "Operationally, we achieved both
our panel production cost target and accelerated manufacturing step reduction
program milestones. Research and development investment results included
initial volume production of our Maxeon Gen 3 next generation cell technology
with a maximum cell efficiency of 24 percent. As the market transitions, the
companies with the strongest balance sheets will gain share. Our strategic
partnership with Total SA solidifies SunPower as one of the leading companies
in the industry today."

Investorideas.com Newswire

About First Solar, Inc.

First Solar manufactures solar modules with an advanced
semiconductor technology, and is a premier provider of 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
value-driven renewable energy solutions that protect and enhance the
environment. For more information about First Solar, please visit
www.firstsolar.com.

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