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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Satcon Technology Corp. (MM) | NASDAQ:SATC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.4275 | 0 | 01:00:00 |
www.bedfordreport.com/PWER www.bedfordreport.com/SATC
Earlier this year Italy approved a decree that cuts spending on generous solar power incentives. Under the new solar decree, a transitional period with gradual cuts in incentives will start from June 1, 2011 and run to 2013, after which the incentives will automatically be linked to reaching a certain level of installed capacity.
Alternative energy in the US remains positioned for growth, however, as the Obama Administration has made it clear that green technologies such as wind and solar power will create the American jobs of the future.
The Bedford Report releases stock research on the alternative energy sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
Last month Power-One said the Company's Aurora PVI-3.0-OUTD-W 3kW inverter has been selected by WindTronics for use with the Honeywell Wind Turbine for on-grid installations. Power One recently forecast revenue of $250 million to $270 million for the second quarter..
Shares of SatCon Technology have been on the downswing after the company said it expects second-quarter revenue of between $45 million and $47 million, down from previously announced guidance of $50 million to $60 million. Satcon said demand for solar has dropped in recent months in some European markets, including Germany and Italy, as governments have changed policies the offered incentives for solar. SatCon had recently announced that it was selected to supply power inverter equipment to 65 megawatts of US solar projects.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer
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1 Year Satcon Technology Corp. (MM) Chart |
1 Month Satcon Technology Corp. (MM) Chart |
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