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Renewable Energy Stocks Sector Close-Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch Foreign Investment in Thin Film Solar Stock Attributed to Moment

SOURCE:; XsunX, Inc.; Akeena Solar

2008-03-31 05:15:00

Renewable Energy Stocks Sector Close-Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch

Foreign Investment in Thin Film Solar Stock Attributed to Moment

POINT ROBERTS, WA and DELTA, BC–( EMWNews – March 31, 2008) –, a leading investor news and research portal

for the renewable energy sector within, presents a sector

close-up on solar stocks following last week’s surge.

Commenting on recent solar stock activity, Brian C. Yerger, Research

Analyst at Jesup & Lamont Securities attributed some of the momentum to

thin film solar company, Ascent Solar Technologies

(News, Market). Norsk Hydro

ASA increased ownership in ASTI by purchasing an additional 2,341,897

shares with gross proceeds to the company of approximately $28.4 million.

He reports in an audio commentary, “With a weak dollar, foreign companies

may be looking at some of these smaller solar stocks as extremely cheap

investments in terms of future performance.”

Hear the full Audio commentary recorded March 28, 2008: Play:

Other factors in the solar stocks spike include earnings from Solarfun

beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt


Renewable Energy Stocks solar expert J Peter Lynch gives a different spin,

“In my opinion, one of the primary reasons for this solar rally is really

quite simple — NO MORE SELLERS were left to drive solar stock down any

further.” In his recent column he goes on to say, “Last week, seemingly out

of nowhere, solar stocks literally exploded (up over 15% for the week)

catching almost everyone by total surprise. The general market has

recently been in turmoil over the housing crisis, the credit crunch and the

looming fear of an impending recession; not exactly a general market

environment conducive for rallies in any sector. But in spite of this

bleak backdrop the solar sector roared ahead regardless.”

In terms of future success in the solar sector he reports he looks for

companies that are “vertically integrated in the traditional silicon

segment, have cost effective thin film products or are in higher margin

areas such as building integrated photovoltaics (BIPV).”

Lux Research forecasts a shakeout in the solar industry, “We project that

the supply of solar modules will exceed demand in 2009, leading to falling

prices and a shake-out among companies that aren’t prepared to thrive in

this new environment — particularly crystalline silicon players that

haven’t invested in new thin-film technologies.”

Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX)


“Thin film solar technologies offer opportunities to deliver the lower cost

per watt. This is due to lower material costs, and the ability to scale and

automate manufacturing processes. I believe that these are among the

reasons that analysts anticipate greater compounded growth rates for thin

films than other solar technologies.”

XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film

photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV

solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up

10.00% on over 460,000 shares.

Showcase Profile:

Solar Stocks Explode to the Upside:

Solar Stocks Sector Close-Up Trading:

Company Name                                  Performance %

Ascent Solar Technologies, Inc.                      73.3

Canadian Solar Inc.                                  21.3

China Sunergy Company Ltd.                            4.7

Distributed Energy Systems Corp.                       15

DayStar Technologies Inc.                            18.4

EMCORE Corporation                                  -14.5

Energy Conversion Devices Inc                        12.2

Evergreen Solar, Inc.                                 8.3

First Solar, Inc.                                     9.2

JA Solar Holdings Co., Ltd                             18

LDK Solar Company Ltd.                               20.4

Solarfun Power Holdings Co.                          20.3

Spire Corporation                                    35.7

Sunpower Corporation                                  7.9

Suntech Power Holdings ADR                           18.9

Trina Solar Limited                                  11.4

MEMC Electronic Materials, Inc.                       -16

Yingli Green Energy Holding Company Limited            15

Average Performance 3/24/08 to 3/28/08             +15.53

Major Indexes

Dow Jones                                            -2.7

S&P 500                                              -2.6

NASDAQ                                               -2.8 and recently hosted an online

investor conference, March 20, 2008, giving investors free online access to

industry and investing perspective in the greentech sector. Solar companies

Akeena Solar (NASDAQ: AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX)

presented in the recent online Greentech Conference, in

addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont

Securities and solar expert, J.Peter Lynch.

J Peter Lynch's online media presentation for March Online Conference:

Brian C. Yerger:

Akeena Solar:

Clear Skies Solar Inc:


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