A Quick Guide to Solar Energy Stocks

The Democrats' capture of a majority of both the House and Senate in the last election has led some analysts to believe that solar energy companies should do well. The following are a list of the pure plays and semi-pure plays in the solar energy fields. Companies which have a very small portion of their business in solar were excluded [e.g. GE, PG&E]. The list shows the name of the company, the stock market symbol, what exchange the stock is traded on, and their business:

• Akeena Solar, Inc. [AKNS OTC Bulletin Board] Designer, installer, marketer, and seller of solar power systems for residential and small commercial customers.

• ARISE Technologies Corporation [APV.V Canadian Venture Exchange] Exclusive Canadian distributor of the MSK Just Roof [TM] BIPV [Building Integrated Photovoltaic] system.

• Canadian Solar (CSIQ) [NASDAQ] Involved in the design, development, manufacture, and sale of solar module products

• Carmanah Technologies Corporation [CMH.TO Toronto Stock Exchange] Supplier of solar-powered LED lighting, solar power systems & equipment and LED-illuminated signage.

• DayStar Technologies (DSTI) [NASDAQ] Developer, manufacturer, and marketer of Photovoltaic Foil products that convert sunlight directly into electricity.

• Deli Solar [USA], Inc. (DLSL.OB) [OTC Bulletin Board] Designer, manufacturer, and seller of solar hot water heaters, coal-fired boilers, and space heating products.

• Energy Conversion Devices. (ENER) [NASDAQ] Designer, developer, and seller of materials, products, and production processes for the alternative energy generation, energy storage, and information technology markets.

• ErSol Solar Energy AG (ERSLF Pink Sheets) Producer of solar cells.

• Evergreen Solar (ESLR) [NASDAQ] Developer, manufacturer, and marketer of solar power products in Germany and the United States.

• First Solar (FSLR) [NASDAQ] Designs and manufactures solar modules through its proprietary thin film semiconductor technology.

• Hoku Scientific, Inc. (HOKU) [NASDAQ] develops polysilicon-based photovoltaic modules for solar power systems. Also develops other clean energy technologies.

• ICP Solar Technologies Inc. [ICPR OTCBB] Develops, manufactures and markets of solar cells and products.

• MEMC Electronic Materials Inc. (WFR) [NYSE] Produces wafers for the semiconductor and solar industries.

• SES Solar Inc. (SESI) [OTCBB] Involved in the production of solar photovoltaic modules and roof tiles from silicon cells.

• Solar Night Industries [SLND Pink Sheets] Global manufacturer and distributor of solar products.

• Solar Thin Films, Inc. [SLTF Pink Sheets] Develops industrial thin film solar cell manufacturing equipment.

• Spire (SPIR) [NASDAQ] Developer, manufacturer, and marketer of solar equipment, solar systems, biomedical, and optoelectronics.

• Sunpower Corporation (SPWR) [NASDAQ] Developer, manufacturer, and marketer of solar electric power products.

• Suntech Power Holdings Co. Ltd. (STP) [NYSE] Designs, develops, manufactures, and markets photovoltaic cells and modules.

• Sustainable Energy Tech. [STG.V Canadian Venture Exchange] Developer, manufacturer, and marketer of advanced power inverters for the renewable energy industry.

• TrendSetter Solar Products, Inc. (TSSP Pink Sheets) Manufacturer of solar hot water heating and storage systems in the United States.

• WorldWater & Power (WWAT.OB) [OTC Bulletin Board] Solar engineering and project management company.

• Xantrex Technology Inc. [XTX.TO Toronto Stock Exchange] Developer, manufacturer, and marketer of advanced power electronic products and systems for the renewable, portable, mobile, and programmable power markets.

• XSunX (XSNX) [OTC Bulletin Board] Developer of the commercialization and licensing of processes for the manufacture of semitransparent photovoltaic technologies.

NOTE: Updated 12/11/06

Comments

[HimanshuPandya]

You are missing a lot of key companies in your list. Suntech Power and MEMC Electronics are key companies in the solar energy sector.

1. SunTech Power (STP) - Biggest pure play out there.
2. MEMC Electronics (WFR) - Provides Polysilicon
3. First Solar (FSLR) - Recent IPO
4. Canadian Solar (CSIQ) - Recent IPO
5. HOKU

[stocker blog]

You are definitely right. I was working off a handwritten list and skipped several important ones when I was typing them on the computer (it was late at night). I am in the process of correcting and updating the list and will have it ready shortly.

[solarstockpicker]

wwat and fslr are the two stocks that are really making a huge run right now.

[solarstockpicker]

wwat and fslr are the two stocks that are really making a huge run right now.

[secondcousin]

I see you have not listed PacWind. There website has an investment link, but I haven't checked it out. Have you? Just curious, as their product is a turbine/cylindrical wind mill which can mounted atop a pole, or on the roof of a house/business. Looks awesome. Jay Leno actually is highlighted on the sight as he's had one added to his garage. Also, Ed Bagley is a spokesperson for PacWind. Would be curious on your take. THANKS