POINT ROBERTS, WA and DELTA, BC tracks an index comprised of 25
global solar companies.
Renewable Energy Stocks' solar expert, J Peter Lynch, commented,
"There is always the chance that the solar tax credit extensions
will fail again given the dysfunctional politics currently in
operation in the U.S. But even if this most negative of outcomes
should come to pass, it will only delay the inevitable. The solar
giant will sleep a bit longer -- but not for very much longer.
"Once America awakens, you can take all the current supply and
demand projections and throw them out the window. America's active
entrance into the world solar market will dramatically ramp up the
demand side of the equation and mark the beginning of a massive
renewable transition."
"According to the U.S. Department of Energy's international
energy outlook report, worldwide demand for electricity is expected
to nearly double over the next two decades," stated Tom Djokovich,
CEO of XsunX, Inc (OTCBB: XSNX). "When we stop for a moment on
Earth Day to picture a world demanding twice the electrical power
that we consume today I think it provides a sobering moment to
realize that we can not continue to use our air and water supplies
as a dumping ground. Alternatives such as solar power provide a
solution and a clear path to helping solve our energy demand needs
while creating a safer environment for all of us. This growth in
demand is why XsunX is working to help fill the need for solar
power alternatives. We've been working on the build-out of our
first 25mega-watt thin-film solar module manufacturing facility and
we're making consistent progress. We hope to announce soon the
completion of several of our material supply agreements to ensure
access to the materials we will need to manufacture our solar
modules. Today global electricity generation represents about $1
trillion in revenues and as demand grows we plan to play a part in
the long-term growth of solar and the broader electrical power
industry."
In comparing renewable current energy sources, Brian C. Yerger,
Research Analyst at Jesup & Lamont Securities, remarks, "We
have 2 primary energy needs: Oil/gasoline used for transportation
needs does not directly compete with solar, wind, and geothermal
despite the (incorrect) strong market correlation. The other is
coal and natural gas for electricity needs which does compete with
solar, wind, geothermal and those prices, not oil, would be the
better fossil fuel pricing indicators renewable energy investors
should be aware of."
"As the solar industry continues to evolve, solar will become a
key energy source providing not only to our homes and businesses
with earth-friendly power but also providing power on a larger
scale to municipalities and developing areas where electricity is
limited," said Ezra Green, Chief Executive Officer of Clear Skies
Solar. "At Clear Skies Solar (OTCBB: CSKH), we are working to find
new and unique ways to harness the power of the sun. In just the
last two months we've launched our patented XTRAX� Solar Monitoring
System, a proprietary Solar Power Supply (SPS) Vehicle Data
Monitoring Device and the TetraPort Solar Energy Carport System
that even includes independent AC power outlets to charge electric
or hybrid automobiles. Our in-house research and development
department will continue to work each day to find new uses for
solar energy or enhance existing solar solutions in an effort to
limit fossil fuel use and make solar energy a viable alternative
for everyone."
Sector Close-Up as of Trading April 22, 2008: Stocks to
Watch
The Claymore/MAC Global Solar Energy ETF (Market, News)
Akeena Solar Inc. (NASDAQ: AKNS) has grown to become one of the
largest national installers of residential and commercial solar
power systems in the United States.
Evergreen Solar Inc. (Market, News) develops, manufactures, and
markets solar power products primarily in Europe and the United
States.
LDK Solar ADR (Market, News) recently completed a $400 million
offering of 4.75 percent convertible senior notes.
Canadian Solar Inc. (Market, News)
China Sunergy Company Ltd. (Market, News)
First Solar (Market, News) gave investors impressive gains as
everyone think green for Earth Day.
SunPower Corporation (Market, News)
Yingli Green Energy Holding Company Limited (Market, News)
For investors following solar stocks, the
RenewableEnergyStocks.com website provides a comprehensive list of
photovoltaic and solar stocks to research.
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTCBB:
CSKH) through its wholly owned subsidiary, Clear Skies Group, Inc.,
provides full-service renewable energy solutions to commercial,
industrial, and agricultural clients across the country. CSG was
incorporated in 2003 and launched formal operations in 2005. During
that time period, CSG developed its proprietary systems, obtained
licenses and certifications, and acquired technologies that could
maximize the impact of its construction expertise on the renewable
energy sector. CSG has become one of the premier solar electric
installation companies in the country. More info can be found on
the Investorideas.com Company Showcase, or
www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (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 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/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com� is one of several green investor
portals within Investorideas.com and provides investors with stock
news, exclusive articles and financial columnists, audio
interviews, investor conferences, Blogs, and a directory of stocks
within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on
our sites should be construed as an offer or solicitation to buy or
sell products or securities. We attempt to research thoroughly, but
we offer no guarantees as to the accuracy of information presented.
All Information relating to featured companies is sourced from
public documents and/ or the company and is not the opinion of our
web sites. This site is currently compensated by featured
companies, news submissions and online advertising. XsunX and Clear
Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
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