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Technical Trade Alerts on Solar Technology Stocks: AKNS, SOLF, LDK, SOL, STP, FSLR

Akeena Solar Inc. (AKNS) shares closed yesterday at $4.47, down 4.68% from the previous close of $4.27. Akeena Solar engages in the design, integration, installation, marketing and sale of solar power systems for residential and small commercial customers

(EMAILWIRE.COM, September 25, 2008 ) DALLAS, Texas - Today’s Trade Alerts include: Akeena Solar Inc. (Nasdaq: AKNS), Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF), LDK Solar Co. Ltd. (NYSE: LDK), ReneSola Ltd. (NYSE: SOL), Suntech Power Holdings Co. Ltd. (NYSE: STP) and First Solar Inc. (Nasdaq: FSLR).

“Akeena Solar Inc. (AKNS) shares closed yesterday at $4.47, down 4.68% from the previous close of $4.27. Akeena Solar engages in the design, integration, installation, marketing and sale of solar power systems for residential and small commercial customers in the United States...

“The company recently announced the launch of several new community initiatives in Orange County designed to meet market demand in Newport Beach, Laguna Beach, Huntington Beach and the surrounding communities. The programs build on Akeena Solar's proven community program model that recently saw more than 30 new residential installations in less than 60 days in the Northern California city of Livermore…

“The company said these new programs are in response to Southern California's rising concern over skyrocketing electricity costs this summer and looming utility rate hikes this winter...”

“Solarfun Power Holdings Co. Ltd. (SOLF) shares closed yesterday at $12.98, up 2.69% from the previous close $12.64. Solarfun, through its subsidiaries, engages in the development, manufacture and sale of photovoltaic (PV) cells and PV modules. It offers monocrystalline and multicrystalline silicon cells and modules, monocrystalline ingots, and raw materials…

“The company recently reported a sound quarter, with net income of $11.4 million, or 23 cents per American depository share, while revenue was recorded at $197.1 million. PV module shipments reached 43.1 MW in the second quarter, an increase of 162% from the same period last year. The company raised 2008 shipments guidance to 175-190 MW from previous 160-180 MW.…

“Solarfun also recently entered into a three-year supply agreement with Q-Cells International, a subsidiary of solar cell provider Q-Cells AG. The Q-Cells agreement just signed was an important beginning of what both parties hope to be a solid and growing relationship, including technology cooperation. The letter-of-intent specifies a three-year agreement, whereby Solarfun will provide a minimum of 100 MW of modules per year, using cells supplied by Q-Cells. This transaction supports the company's ability to make high quality PV modules at competitive prices…”

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

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Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
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stock market, investment ideas, market activity, small caps, micro caps, search engines, technology stocks, blue chips, marketing solutions, beaconequity.com, akeena solar inc., solarfun power holdings co. ltd., ldk solar co. ltd., renesola ltd

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