$$$ SunPower, die amerikanische SW $$$

Wedbush Morgan Securities - SunPower neutral

16:18 12.05.10

Rating-Update:

Los Angeles (aktiencheck.de AG) - Die Analysten von Wedbush Morgan Securities stufen die Aktie von SunPower (Profil) von "underperform" auf "neutral" hoch. Das Kursziel werde bei 15 USD gesehen. (12.05.2010/ac/a/u)  

UBS - SunPower neutral

14:20 12.05.10

Rating-Update:

Zürich (aktiencheck.de AG) - Die Analysten der UBS stufen die Aktie von SunPower (Profil) / (Profil) unverändert mit dem Rating "neutral" ein. Das Kursziel werde von 22,50 USD auf 17 USD gesenkt. (12.05.2010/ac/a/u)  

SunPower "overweight"


Rating-Update:

London (aktiencheck.de AG) - Vishal Shah, Analyst von Barclays Capital, stuft die Aktie von SunPower (ISIN US8676521094/ WKN A0HHD1) weiterhin mit dem Rating "overweight" ein. Das Kursziel werde von 28 USD auf 20 USD gesenkt. (12.05.2010/ac/a/u)

Offenlegung von möglichen Interessenskonflikten: Mögliche Interessenskonflikte können Sie auf der Site des Erstellers/ der Quelle der Analyse einsehen.  

SunPower - Kürzel: SPWRA - ISIN: US8676521094

Börse: Nasdaq in USD / Kursstand: vorbörslich 14,95 $

Rückblick: Die SunPower Aktie zeigt sich seit drei Jahren sehr schwach und befindet sich in einem starken Abwärtstrend. Von dem steigenden Gesamtmarkt des letzten Jahres konnte die Aktie kein bisschen profitieren.

Ende April rutschte sie nachhaltig unter das alte Allzeittief bei 18,50 $ zurück und fiel weiter bis auf 14,00 $. Heute notiert die Aktie nach der Erholung der letzten beiden Tage vorbörslich wieder im Minus bei aktuell 14,95 $. Grund ist der gestern nachbörslich vorgelegte Quartalsbericht. Das Chartbild ist durchweg bärisch zu werten.

Charttechnischer Ausblick: Die SunPower Aktie bleibt schwach und ist bis auf weiteres zu meiden. Der Abwärtstrend könnte sich in den kommenden Monaten noch weiter bis ca. 9,00 - 10,00 $ fortsetzen, genaue Kursziele sind momentan schwer auszumachen.

Interessant für Longpositionen wird die Aktie jetzt erst wieder bei einer nachhaltigen Rückkehr über 22,10 $. Erst dann wäre eine größere Kurserholung bis 26,35 und 34,00 $ möglich. Oberhalb von 34,00 $ entstehen mittelfristige Kaufsignale.

Meldung: SunPower Corp. warnt für 2Q

New York (BoerseGo.de) - Der Solarkonzern SunPower Corp. berichtet für das erste Quartal einen Gewinn von 0,05 Dollar pro Aktie und verfehlt damit die Erwartungen von Wall Street um 3 Cent. Der Umsatz klettert gegenüber dem entsprechenden Vorjahreszeitraum um 64,1 Prozent auf 347,1 Millionen Dollar, was knapp über den Konsensschätzungen der Analysten von 346,6 Millionen Dollar liegt.

Für das aktuelle zweite Quartal reduziert das Unternehmen seine Gewinnprognose von 0,25 Dollar auf 0,05 bis 0,12 Dollar pro Aktie und seine Umsatzprognose von 437,15 Millionen auf 380 bis 420 Millionen Dollar.

Für das Geschäftsjahr 2010 hält das Management an seiner Gewinnprognose von 1,25 bis 1,65 Dollar pro Aktie und seiner Umsatzschätzung von 2,0 bis 2,25 Milliarden Dollar fest. Wall Street rechnet für 2010 aktuell mit einem Gewinn von 1,43 Dollar pro Aktie und einem Umsatz von 2,08 Milliarden Dollar.

Kursverlauf vom 27.11.2005 bis 11.05.2010 (log. Kerzenchartdarstellung / 1 Kerze = 1 Woche)  

trotz diesen Meldungen

 SunPower Corp (Nasdaq: SPWRA) is  supplying up to 200 MW of the solar panels for the program...

 http://www.sustainablebusiness.com/index.cfm/go/news.display/id/20308

 

SunPower Corp (Nasdaq: SPWRA) is  supplying up to 200 MW of the solar panels for the program

http://www.boursier.com/vals/ALL/...solaire-en-italie-news-383789.htm

 fällt die Aktie heute schon wieder um 8 %         !!??

 

wird's echt lächerlich hier! Die Shorties bringen das Schiff zum Sinken :(  

wie lange gehts denn noch hier runter???? Nicht mehr lange, dann haben wir hier Q-Cells -Niveau!!

ich denke, der Rebound wird umso heftiger ausfallen!

Hier kannst Du Dir ein Bild über die Lage bei SunPower machen...

http://investors.sunpowercorp.com/common/download/...ngs%20Slides.pdf

Ich finde, das Niveau des Kurse entspricht nicht mehr der Realität!  

Der momentane Kurs hat wohl rein GAR NICHTS mit der fundamentalen Situation bei SunPower zu tun!!

Was ich daraus lesen kann und gelesen habe, ist für mich alles im GRÜNEN !!

Am Kurs ist doch was faul....da stimmt doch irgendwas nicht!! Zumindest die Aussage....der Kurs hat immer recht wird hiermit widerlegt!!

Gruß male

Deutsche Bank Maintains Positive Stance On SunPower (SPWRA) After Meetings

May 19, 2010 7:30 AM EDT

Deutsche Bank maintains a 'Buy' rating and $25 price target on SunPower Corporation (Nasdaq: SPWRA) after hosting management in NYC yesterday.

Deutshe Bank analyst says, "We believe there is great (and unrealized) value in the company's downstream business. We believe that companies with these business models are far better positioned; there are very few such companies, and SunPower is one of them... However, until SunPower delivers on this downstream promise, investors will continue to look skeptically at the stock."

To see all the upgrades/downgrades on shares of SPWRA, visit our Analyst Ratings page.

SunPower Corporation, together with its subsidiaries, designs, manufactures, and markets solar electric power technologies

http://www.streetinsider.com/Analyst+Comments/...eetings/5653349.html  

SAN JOSE, Calif., May 26 /PRNewswire-FirstCall/ -- SunPower Corp. today announced the completion of the Shelby Solar Project, a 1-megawatt solar power plant in Shelby, N.C. that is owned and operated by Duke Energy Generation Services (DEGS), a Duke Energy commercial business unit.

Construction on the 10-acre plant began in March, and it is now producing clean, renewable solar power for North Carolina Municipal Power Agency Number 1 (NCMPA1), which serves Shelby. DEGS estimates that the plant will generate enough electricity to power approximately 140 homes annually.

NCMPA1 and its 19 member organizations will buy all of the output from the Shelby Solar Project for the next 20 years under the terms of its power purchase agreement with DEGS. NCMPA1 will also receive all associated renewable energy credits (RECs) from the project.

"This agreement is a great start to the development of our solar resource portfolio," said Graham Edwards, CEO of ElectriCities, the management services organization for NCMPA1. "Solar power complements our existing power supply portfolio by providing peak power during the daylight hours, while also helping to maintain our very small carbon footprint."

SunPower designed and built the solar system using SunPower Tracker® technology. The Tracker follows the sun's movement during the day, increasing sunlight capture by up to 25 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.

"SunPower sun-tracking technology is fast to install and reliably delivers clean power during peak demand periods, making solar a competitively-priced choice for power plant applications," said Tom Leyden, managing director at SunPower. "Forward-thinking organizations such as Duke Energy and their local partners are maximizing the production of emission-free, renewable solar power and the long-term benefits it delivers."  

 

27.05.2010 12:07
SunPower Completes Euro 44.5 Million Financing for Expanding Italy's Largest Solar Power Park / Montalto di Castro solar park grows to 32.8 megawatts

ROME, May 27 /PRNewswire-FirstCall/ -- SunPower Corp. today announced that financing of euro 44.5 million, made up of a term loan of euro 40 million and a short-term VAT facility of euro 4.5 million, has been finalized for the second phase of the Montalto di Castro solar photovoltaic (PV) power park, the largest in Italy. With the first 24 megawatts (DC) of the park completed ahead of schedule at the end of 2009, this second phase includes an additional 8.8 megawatts (DC) that began construction in February and is expected to be complete in July. The entire 85-megawatt (DC) Montalto di Castro park, located approximately 100 kilometers north of Rome in the province of Viterbo (region of Lazio), is planned to be built and fully operational by the end of this year.

"The Montalto park is the first and largest solar project of its kind in Italy, and we are very pleased to have completed the financing on this second phase," said Dennis Arriola, SunPower CFO. "The demand for solar in Italy is strong today and growing because solar is a quickly installed, cost-competitive, reliable source of power. Financiers understand that these parks make good business sense while serving local communities with clean, renewable power."

The sole lending bank for the second phase of the project is Barclays Bank PLC, which is acting as mandated lead arranger, agent and account bank.

"Barclays's offered attractive debt terms early on in the bank selection process and they remained impressively professional and dedicated to the transaction even through the volatile market conditions of the past few weeks. This is testament to the creditworthiness of a well-executed utility scale PV power park from the SunPower team," said Tim Corfield, head of project finance for SunRay Group, a SunPower company.

Construction of the first phase of the Montalto park was completed in eight months and required more than 250 workers and the services of ten skilled local companies employed for civil, mechanical and electrical services. A dedicated 150-megawatt substation was designed and constructed by Terna SpA. A visitor center is also planned for the site to provide education on solar power and other renewable energy sources.

The Montalto di Castro park uses high-efficiency SunPower solar panels, the most efficient panels commercially available, installed on a SunPower® Tracker system. The Tracker follows the sun during the day and delivers up to 25 percent more energy than fixed-tilt systems, while significantly reducing land use requirements.

Worldwide, SunPower has more than 550 megawatts of solar power systems installed or under contract, including more than 200 megawatts of operational power plants in Europe.  

SunPower and AUO to Form Joint Venture to Accelerate Fab 3 Ramp and Lower Manufacturing Costs / Conference Call for Investors at 8:15 a.m. Eastern Today

SAN JOSE, Calif., May 27 /PRNewswire-FirstCall/ -- SunPower Corp. , a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced a definitive agreement to form a joint venture (JV) with AU Optronics Corp. (TAIEX: 2409; NYSE: AUO), a leading global manufacturer of thin-film transistor liquid-crystal displays (TFT-LCD) based in Taiwan. The JV will own and operate SunPower's 1.4 gigawatt third solar cell fabrication facility (Fab 3), now under construction in Malaysia. SunPower and AUO will equally own the JV and contribute equal capital funding.

"AUO's proven ability to rapidly scale advanced manufacturing technology while driving consistent, aggressive cost reduction makes them the ideal partner to help SunPower ramp Fab 3," said Tom Werner, SunPower's CEO. "We expect this JV will reduce our effective Fab 3 capital expense per watt by more than 35 percent while capitalizing on AUO's world-class manufacturing expertise to reduce solar cell manufacturing costs. As a result of SunPower's downstream channel investments, demand has been rapidly increasing for our differentiated high-efficiency solar panels and systems. We believe that this JV will enable us to produce more megawatts faster, at lower cost, with substantially less cash contribution from SunPower."

"It is our great pleasure to work with SunPower," said K.Y. Lee, Chairman of AUO. "This joint venture sets a remarkable milestone for AUO's solar business. SunPower leads the solar industry with the world's highest efficiency technology for solar cells. With the Fab 3 JV, we will join our strengths to maximize our competitiveness and long-term benefits. Customers worldwide will profit from the synergy of vertical integration and scale for their solar investments."

SunPower will host a conference call to discuss this announcement today, Thursday, May 27 at 8:15 a.m. Eastern Time. The call-in number is 517-623-4618, passcode SunPower. The event will also be webcast and can be accessed live or via archive from SunPower's website at: http://investors.sunpowercorp.com/events.cfm.

http://www.finanznachrichten.de/...rs-at-8-15-a-m-eastern-tod-008.htm  

AU OPTRONICS SAYS TO SET UP $700 MLN SOLAR JV WITH U.S. COMPANY SUNPOWER

http://www.finanznachrichten.de/...-with-u-s-company-sunpower-020.htm

SAN JOSE, Calif., May 27, 2010 /PRNewswire via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced a definitive agreement to form a joint venture (JV) with AU Optronics Corp. (TAIEX: 2409; NYSE: AUO), a leading global manufacturer of thin-film transistor liquid-crystal displays (TFT-LCD) based in Taiwan. The JV will own and operate SunPower's 1.4 gigawatt third solar cell fabrication facility (Fab 3), now under construction in Malaysia. SunPower and AUO will equally own the JV and contribute equal capital funding.

"AUO's proven ability to rapidly scale advanced manufacturing technology while driving consistent, aggressive cost reduction makes them the ideal partner to help SunPower ramp Fab 3," said Tom Werner, SunPower's CEO. "We expect this JV will reduce our effective Fab 3 capital expense per watt by more than 35 percent while capitalizing on AUO's world-class manufacturing expertise to reduce solar cell manufacturing costs. As a result of SunPower's downstream channel investments, demand has been rapidly increasing for our differentiated high-efficiency solar panels and systems. We believe that this JV will enable us to produce more megawatts faster, at lower cost, with substantially less cash contribution from SunPower."

"It is our great pleasure to work with SunPower," said K.Y. Lee, Chairman of AUO. "This joint venture sets a remarkable milestone for AUO's solar business. SunPower leads the solar industry with the world's highest efficiency technology for solar cells. With the Fab 3 JV, we will join our strengths to maximize our competitiveness and long-term benefits. Customers worldwide will profit from the synergy of vertical integration and scale for their solar investments."

SunPower will host a conference call to discuss this announcement today, Thursday, May 27 at 8:15 a.m. Eastern Time. The call-in number is 517-623-4618, passcode SunPower. The event will also be webcast and can be accessed live or via archive from SunPower's website at: http://investors.sunpowercorp.com/events.cfm.  

das ist mal ne Hausnummer! Kein Wunder, daß Ende des Jahres der Umsatz so ansteigen soll!

Mal sehen, wie sich das JV nun auf die Margen niederschlagen wird! Ich denke SP könnte mit den nächsten Quartalszahlen durchaus mal wieder überraschen und vielleicht sogar den Ausblick anheben.

Let's wait and see! Der Kurs ist im Tal der Tränen und völlig indiskutabel!  

San Ramon Valley schools solar plan, calendar with furloughs approved
By Eric Louie
Contra Costa Times
Posted: 05/26/2010 01:05:49 PM PDT

The San Ramon Valley school board has approved a $23.2 million solar panel project it believes will lead to substantial energy savings.

The board voted unanimously Tuesday to approve the project with San Jose-based SunPower Corp., said district spokesman Terry Koehne. The panels would be put in the parking lots at each comprehensive high school ? Dougherty Valley and California in San Ramon and Monte Vista and San Ramon Valley in Danville ? and two middle schools ? Diablo Vista in Danville and Gale Ranch in San Ramon.

Construction would happen in summer 2011 and the panels would be ready by the 2011-12 school year, Koehne said.

The district is paying for the project through a low-interest federal stimulus loan known as "qualified school construction bonds." The district, one of 43 in the state that through a lottery each won the opportunity to take up to $25 million in loan money, chose to pursue solar.

Consultants hired by the district have projected a net $7 million to $10 million in energy savings after 16 years, that figure reflects savings after expenses during that time period. After 25 years, which is considered the life of the equipment, savings would equate to a net $23 million to $30 million.

There project roused opposition from some in the community. Concerns included taking on more debt in a bad economy and concerns over what could happen if the district does not save as much as projected.

Koehne
Advertisement
said the district will be take the full $25 million loan, with the remainder going towards security cameras and interest on the bonds.

Also Tuesday, the school board voted 5-0 to adopt a calender for the 2010-11 school year that reflects furloughs due to budget cuts.

The district, which has separate calenders for Del Amigo Continuation High School, Venture Independent Study and adult and toddler/infant special education students, will have a general calender of 178 instructional days from Aug. 23 to June 15, 2011. The two lost instructional days will be Friday, Sept. 3 during Labor Day weekend and Friday, Feb. 18 during the President's Day weekend. Also, two nonteaching, staff development days in which students would not have attended school were cut. All teachers will be off March 21. Middle and high school teachers will be off Nov. 5, while elementary teachers will be off Jan. 24.

http://www.insidebayarea.com/trivalleyherald/localnews/ci_15166629  

wird ja auch mal zeit das die in gang kommt...

Na leckomio! Das ist Balsam auf die Wunde ;)  

LOS ANGELES, May 27 (Reuters) - SunPower Corp (SPWRA.O) and Taiwan's AU Optronics Corp (2409.TW) (AUO.N) have agreed to set up a $700 million joint venture to own and operate a 1.4-gigawatt solar cell plant in Malaysia, sending shares in the U.S. company soaring.

The two companies will contribute $350 million each to build a solar cell manufacturing facility, and will own and operate the facility together.

"We view this as a significant positive for SunPower, as it results in improved liquidity, lower manufacturing cost and faster ramp for SunPower, and creates an industry leading solar manufacturing platform," said Lazard Capital Markets analyst Sanjay Shrestha.

Shares of the California-based SunPower were up 20.2 percent to $12.98 in early afternoon trading on Nasdaq. (Reporting by Dana Ford; Editing by  

27.05.2010 20:36
UPDATE 2-SunPower, AU Optronics in Malaysian venture

By Dana Ford

LOS ANGELES, May 27 (Reuters) - Shares of SunPower Corp soared 23 percent on Thursday after it and Taiwan's AU Optronics Corp agreed to set up a $700 million joint venture to own and operate a 1.4-gigawatt solar cell plant in Malaysia, shaving costs for the U.S. company.

Sunpower said the move will help lower the expense of building and operating the plant.

'We view this as a significant positive for SunPower, as it results in improved liquidity, lower manufacturing cost and faster ramp for SunPower, and creates an industry leading solar manufacturing platform,' said Lazard Capital Markets analyst Sanjay Shrestha.

SunPower and AU Optronics -- Taiwan's No. 2 maker of liquid crystal displays -- will contribute $350 million each to build a solar cell manufacturing plant, and will own and operate the facility together. Construction of the plant began last year.

'We expect this JV will reduce our effective Fab 3 capital expense per watt by more than 35 percent while capitalizing on AUO's world-class manufacturing expertise to reduce solar cell manufacturing costs,' said SunPower's Chief Executive Tom Werner, using the name of the fabrication facility already under construction.

SunPower, a leading manufacturer of high-efficiency solar cells, is working to ramp up its production throughout the world to meet an expected growth in demand. The company said the plant in Malaysia will hit its 1.4 GW capacity in 2014.

It assembles solar panels in Mexico, the Philippines and China. Last month, it announced it would open a manufacturing facility in the United States, near its headquarters in San Jose, California.

Shares of the California-based company were up 18 percent to $12.70 in afternoon trade on the Nasdaq, after earlier climbing to $13.25. The stock is down some 45 percent for the year, as uncertainty and a weak euro have dragged on most stocks in the sector.

AU Optronics has invested in the solar space before, holding a majority stake in the Japanese silicon wafer maker M.Setek.  

UPDATE 3-SunPower, AU sign Asia venture, solar shares soar

By Dana Ford

LOS ANGELES, May 27 (Reuters) - Shares of SunPower Corp soared on Thursday after the solar panel maker agreed to set up a $700 million venture with Taiwan's AU Optronics Corp to own and operate a 1.4-gigawatt solar cell plant in Malaysia, shaving costs for the U.S. company.

News of the deal on a day that Wall Street rallied helped lift shares across the solar sector, which has been struggling because of uncertainty and weakness in European markets.

Trina Solar Ltd climbed 8.3 percent, while Suntech Power Holdings Co Ltd and First Solar rose 9 percent and 4.9 percent, respectively.

SunPower shares rose $2.40 or 22.2 percent to end at $13.20 on the Nasdaq.

SunPower said the move will help lower the expense of building and operating the plant, as well as reduce debt.

'We view this as a significant positive for SunPower, as it results in improved liquidity, lower manufacturing cost and faster ramp for SunPower, and creates an industry leading solar manufacturing platform,' said Lazard Capital Markets analyst Sanjay Shrestha.

SunPower and AU Optronics -- Taiwan's No. 2 maker of liquid crystal displays -- will contribute $350 million each to build the cell manufacturing plant, and will own and operate the facility together. Construction began last year.

Both companies will also arrange debt, SunPower's chief executive, Tom Werner, told Reuters, in order to pay the plant's total $1.2 billion price tag.

'It's going to be an intensely competitive market in that part of the value chain,' Werner said in response to why SunPower brought in a partner for its Malaysian plant.

He added the joint venture would cut SunPower's capital expense per watt at the new facility by more than 35 percent, from $0.85 per watt to less than $0.55 per watt in 2014.


ALWAYS EVALUATING OPTIONS

SunPower, a leading manufacturer of high-efficiency solar cells, is working to ramp up production throughout the world to meet an expected growth in demand. The company said the plant in Malaysia would start production this year and hit its 1.4 GW capacity in 2014.

SunPower will retain a substantial majority of the forecast output, starting with 95 percent this year and falling to 80 percent in 2013 and after, the company said.

Despite Thursday's strong stock rise, SunPower stock is down some 45 percent for the year, as are several stocks in the solar sector.

Demand for solar equipment that turns sunlight into electricity has surged in recent months, but stocks have not followed. Investors are worried about subsidy cuts in Germany, the world's No. 1 solar market, and have general concerns about the strength of European markets, where most sales are made.

SunPower's Werner has previously said he sees prices for solar panels falling this year, which could cause high-cost supply to fall off and create tougher competition.

As chief executive, he said he is always looking at points along the value chain to improve and did not rule out additional joint ventures.

'We have nothing imminent, but we're always evaluating options,' he said.

Shares of AU Optronics, which holds a majority stake in the Japanese silicon wafer maker M.Setek, ended 5.4 percent higher at $9.75 on the New York Stock Exchange.  

85 Megawatt für Sunpower
"...L impianto avrà una potenza complessiva di 85  megawatt, sarà il più grande in Italia..."

http://www.clickutility.it/italian/news.php?idnews=4331

 

Macquarie Research - SunPower "outperform"

09:23 27.05.10

Sydney (aktiencheck.de AG) - Kelly Dougherty, Analyst von Macquarie Research, stuft die Aktie von SunPower (Profil) von "neutral" auf "outperform" hoch, bestätigt aber das Kursziel von 15,00 USD.

Das Joint Venture mit AU Optronics sollte SunPower dabei helfen, die dringend benötigten Kostensenkungen zu beschleunigen. Zudem werde die Bilanz gestärkt.

Zwar gebe es noch nicht allzu viele Details zu der neuen Einheit. Das Management scheine aber bei der Suche, die Kostennachteile gegenüber den chinesischen Wettbewerbern aufzuholen, proaktiv zu sein.

Vor diesem Hintergrund lautet die Einschätzung der Analysten von Macquarie Research für die Aktie von SunPower nunmehr "outperform". (Analyse vom 27.05.10)
(27.05.2010/ac/a/a)  

Citigroup - SunPower Upgrade

11:33 28.05.10

New York (aktiencheck.de AG) - Timothy M. Arcuri, Analyst der Citigroup, stuft die Aktie von SunPower (Profil) von "sell" auf "hold" hoch.

Auf Grund des neuen Joint Ventures mit AU Optronics und deren Produktionserfahrungen sollten der Kapitalverzehr reduziert und die Kosteneinsparungen beschleunigt werden können.

Die Schätzungen zum Ergebnis je Aktie seien für 2011 von 0,73 auf 0,94 USD und für 2012 von 1,05 auf 1,39 USD angehoben worden. Das Kursziel werde von 12,00 auf 15,00 USD heraufgesetzt.

Vor diesem Hintergrund empfehlen die Analysten der Citigroup die Aktie von SunPower nunmehr zu halten. (Analyse vom 28.05.10)
(28.05.2010/ac/a/a)