NEW YORK, NY, Jun 04, 2012 (MARKETWIRE via COMTEX) -- Clean energy stocks have struggled recently as concerns about a loss of subsidies and tax credits have led to growth concerns. The PowerShares Wilderhill Clean Energy Portfolio (PBW) is down more than 17 percent over the last month. Cheap natural gas prices in 2012 have recently become a nuisance to the renewable energy industry. Five Star Equities examines the outlook for companies in the Renewable Energy Industry and provides equity research on Capstone Turbine Corporation CPST +1.72% and First Solar, Inc. FSLR -0.31% .
The emergence of "fracking" has led to abundant supplies and low prices for natural gas. This has put pressure on the renewable energy industry which by comparison is more costly. When burnt, natural gas produces roughly 50 percent of the carbon emissions of coal. "Renewable energy may be the victim of cheap gas prices if governments do not stick to their renewable support schemes," said Fatih Birol, chief economist for the IEA.
Five Star Equities releases regular market updates on the Renewable Energy Industry 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.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Capstone Turbine is the world's leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 6,500 Capstone MicroTurbine systems to customers worldwide. The company will release financial results for the fourth quarter and fiscal year ended March 31, 2012 at 1:45 p.m. Pacific Time (4:45 p.m. Eastern) on, June 14, 2012.
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. The Frank Lloyd Wright Foundation recently inaugurated a new 250-kilowatt solar photovoltaic (PV) power system donated by First Solar which will help power the historic Taliesin West campus.
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