12 Top Green Energy Stocks for 2009; Dream Dozen Clean Power Companies

Here are some major clean energy stocks, offering growth stock potential for years to come. They have been doubly hit by the equity markets crunch and the oil price slide, and though they appear to be bloodied, even wounded, many are among the finest publicly-traded companies on earth. A stock down two-thirds needs to triple to get back to where it was, yet for some of these companies sequential revenue growth will continue and others will regain recent levels within a year or two. Everyone is focusing on the oil price and has forgotten the crucial role clean energy plays in reducing global warming. The trend to cleaner, more decentralized power supplies will continue.

Individual investors should only consider investing a small portion of their portfolio in individual stocks, and even then only if you are a higher risk, longer term investor, as part of a widely diversified portfolio including bonds or bond funds and cash assets. If you are a medium risk investor with a longer term horizon, it is much more priudent to look for green energy funds and dollar cost average into positions. Those who have started these plans in the last few months are building sizable positions while the world panics, and they'll be systematically adding to these positions in the months and years ahead. Will you be doing the same, and perhaps most importantly in these low valuation days, are you?

Homework: Twelve Green Energy Stocks to Research, Listed By Market Cap

Renewable Power Companies Share Prices, Month-end November 2008

First Solar FSLR 124.83 10.12B




Vesta Wind ADR VWDRY 14.95 / 8.31B




Calpine Corp CPN 8.96 3.84B




MEMC Electronic Materials WFR 15.02 3.37




SunPower Corporation SPWRA 34.73 2.98B




LDK Solar LDK 15.48 1.75B




Ormat Technologies OR 30.10 1.36B




Suntech Power ADR STP8.54 1.32B




Energy Conversion Devices ENER 27.98 1.28B




American Superconductor AMSC 13.09 566.49M




GT Solar SOLR 3.52 502.88M




Fuel Cell Energy FCE 4.36 299.93M




Market Cap of This Basket of Twelve:



Market Cap of GE: At 17.17 share, 180.21B

Spectacular Revenue Growth in Photovoltaic Solar Energy Sector

Share prices as of November 21, 2008

TSL Trina Solar $6.36

Trina Solar recently announced their sensational Q3 numbers, including record revenue and profits. Some highlights:

Trian Solar Limited (TSL.NYSE) released its operating results in the third quarter of 2008 with net income hitting 32.1 million US dollars, up from 17.1 million US dollars in the second quarter this year.

Trina Solar posted 290.7 million US dollars of revenue and 252.7 MW of solar module shipments, increasing 252.1 percent and 213.7 percent on year, respectively.



FSLR First Solar $92.81

First solar reported revenue of 135 million in 2006 and 504 million in 2007, and the quarter ending in September brought in 348 million. Consistently profitable, FSLR is the thin film leader and one thing the bears may not have factored in is management's ability to secure long term raw materials during this lull in the commodity mania.



JASO JA Solar $2.10

Exponential revenue growth; if JASO starts reporting in US dollars more people will take notice.



SPWRA SunPower Corp $20.59

San Jose CA based American solar power company reported 2006 revenue of 236 mil, 2007 produced 775 mil, and the quarter ending in September brought in 377 mil.



YGE Yingli Green Energy ADR $2.89

YGE is another photovoltaic energy stock that would benefit from reporting in US dollars. 100% plus revenue growth.



STP Suntech Power $6.05

The world went in a tizzy over their warning that they were being hurt by a rising US dollar, and the overall panic in capital markets has hit this one from every other angle too. Reported 2006 revenue of 600 mil, did 1.35 bil in '07 and produced 480 mil in a recent quarter.



CSIQ Canadian Solar $4.06

What matters more, the record $252 mil in quarterly revenue (versus year earlier 97.4) and 11 mil in profit (vs. 0.5) for Q3, or the forecast 70 to 85 mil in total Q4 rev? I think management appears to be on top of things and conserving $100 mil in cash plus credit lines may provide merger and acquisition opportunities in early 2009.

Stock Bargains in the Solar Scrap Heap; PV stocks hit hard

I always caution that I am not publishing buy recommendations but rather suggesting companies that individual and professional investors may want to research further. The oil price shock lessons of the early 70s OPEC crisis are lost on today's media-addicted generation, who repeat their folly in tight cycles. The foolishness of "greed is good" prevails, the manipulation continues, and as the poor get squeezed out at the bottom, the rich begin to load up for the wild ride.

The coming Obama Gravy Train will likely run from next week when the month end rally will start forming, through the tax-loss selling of early December, into the year-end rebalancing and January rebalancing that will shift global capital into equities, then carry on through 2009 before reaching a temporary peak in the spring of 2010; at least that is a scenario that history suggests is plausible.

So who will be the stars of this rally? Some are yet to be known, but you can make a case that clean energy stocks will be among market leaders. Here are some significant solar energy companies that have been hit hard by the twin terrors of falling oil prices and falling stock markets, both of which could easily reverse in the near term.

Joe Trainor
PVintell.com


Solar Energy Stocks Down More Than Two-Thirds

Quotes as of November 12th, 2008


JA Solar JASO

The stock plummeted further today on the quarterly earnings report and 4th quarter forecast, but you'd think investors would have already discounted the $100 million Lehman Brothers writedown.

At $2.38 a share and market cap of $400 mil, eqivalent to about two quarters of revenue, many seem to think this one is terminal, while the problems may well be temporal. An established global customer base leaves them well positioned for any global economic upturn. The stock is down from $27.



Yingli Green Energy YGE

At $4.18 this China-based producer of polysilicon ingots and wafers, PV cells and PV modules now has a market cap of 530 mil, about two quarters of revenue. YGE’s end-products include PV modules and PV systems. The stock is down 90% (from 41.50) but with customers in the USA, Europe and around the world, the future for Yingli may still be bright.



SunPower SPWRA

The stock was smashed mercilesslessly last week after the firm announced its earnings could be adversely affected by a rising US dollar, as if that was an inevitability considering the pristine and prudent state of Washington's finances, and then got caught again in the general correction this week. At 24.72, the shares are down from 144.49, but the market cap of 2.12 bil is valued at almost 3 times last year's revenue and 30 times earnings. San Jose company still has big potential.



LDK Solar LDK

Major supplier of multicrystalline solar wafers to the global photovoltaics energy industry. With the shares at 13.12, down from 75.65, there seems to be a belief that the entire solar electricity sector is down for the count, but here's another view. Even as silicon is eclipsed by thin film, and concentrated photovoltics also enters the fray, each of the 3 generations of solar electric technology will find its own niche and continue to exhibit double digit growth. If the solar electric pie of annual revenue were to grow from ten billion to a hundred billion over the next seven to eight years, there will be room for a wide variety of technologies and management teams. LDK is worth looking into ... they may no longer grow at 300% per year, but that's no longer required.



MEMC Electronic Materials WFR

Silicon wafer producer has diverse customer base and steady revenue growth. How often do you get a chance to buy quality companies like St. Peters, MO-based WFR at 80% off the 52 week high? Perhaps once, maybe twice per decade, and if history repeats as she so often does, then the November 2008 lows for alternative energy stocks will seem like some of the best bargains in the history of growth stock investing. At 15.02 (down from 96) the market cap is 3.37 bil, less than twice last year's revenue.



Q-Cells 555866

At 20.52, the shares are off around 80% from the high of 101.15. High quality German solar power company is major player in silicon photovoltaics.



Energy Conversion Devices ENER

An American tale, a quality diversified technology company with solar photovoltaic and high performance battery products. At 25.92, down almost 70% from high of 83.33.



First Solar FSLR

At 110.06 FSLR stock is off two-thirds from the high of 317. Number one company in top solar power sector: photovoltaic thin-film solar energy.

Privately-held Solar Photovoltaic Energy Companies Push Technology Forward

Here are some private solar power companies involved in thin-film solar energy, concentrated photovoltaic (CVP) power, nanotechnology and related alternative energy and green power technologies and systems.

Privately-owned Solar Power Companies

Cyrium Technologies


Energy Innovations


GreenVolts


Konarka Technologies


Menova Energy


Morgan Solar


Nanosolar


OptiSolar Inc


SolFocus


SpectroLab

(A Boeing Company)

Photovoltaic Stocks seem oversold in post-election consolidation

Although thin-film solar energy stocks and other photovoltaic power companies have risen sharply in recent days, today's sell-off reflected the overall profit-taking but was accentuated by the SunPower announcement of a revenue and earnings warning based on the rising US currency.

Here are some solar energy stocks that seem to be a bit oversold, at about 1.45PM on November 5, 2008:


SunPower Corporation SPWRA 38.90 -11.60 (-22.97%)


Q-CELLS AG ORD QCLSF 41.25* -11.75 (-22.17%)


First Solar Inc. FSLR 159.93 -17.59 (-9.91%)