SOURCE: Wall Street News Alert

Wall Street News Alert

January 27, 2010 09:38 ET

Wednesday's Stock on the Move: Fidelis Energy Inc. -- January 27, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - January 27, 2010) - Wall Street News Alert's "stocks to watch" this morning are: Fidelis Energy Inc. (PINKSHEETS: FDEI), Suntech Power Holdings Co., Ltd. (NYSE: STP), SunPower Corp. (NASDAQ: SPWRA) and LDK Solar Co., Ltd. (NYSE: LDK).

Yesterday after the markets closed, Fidelis Energy Inc. (PINKSHEETS: FDEI) issued a press release announcing that company management will be in attendance at the 1st International Conference and Exhibition on Photovoltaics, Solar, Thermal, Solar Architecture, Equipment, Materials and Systems at the World Trade Centre, Mumbai, India, during March 4-6, 2010.

Fidelis Energy executives will meet to discuss the upcoming 2010 solar development projects, along with operators, and will also meet with various delegates representing local Indian governments. The Company aims to maximize the strategic opportunities available by participating at this significant event to enhance future business development.

Last week the company also reported the completion of new financing with total commitments of $30 million led by Swiss-based Empres Voss Capital (EVC). The proceeds from this financing will be drawn down in traunches as required during the process of building a solar power plant in India. The Solar facility is located in the Thar Desert near Jaisalmer, India. The region is destined to become the world's biggest solar powerhouse as it basks in an average of 330 days of sunshine per year and receives up to 6.2KW per hour of solar energy per square meter every day, which is the highest in the world. Further details of the financing will be released as they occur.

The stock closed yesterday at around Two cents a share.

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Suntech Power Holdings Co., Ltd. (NYSE: STP) up 0.5% on 6.5 million shares traded.

Suntech Power Holdings Co., Ltd. is the world's leading solar energy company as measured by production output of crystalline silicon solar modules.

SunPower Corp. (NASDAQ: SPWRA) up 0.8% on 4.9 million shares traded.

SunPower Corp. designs, manufactures and delivers the planet's most powerful solar technology broadly available today.

LDK Solar Co., Ltd. (NYSE: LDK) up 0.01% on 2.4 million shares traded.

LDK Solar Co., Ltd. is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells.

Market Commentary:

Gas prices fell 0.9 cent overnight to $2.70 per gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Prices fell 4 cents in the past week, but are still 10 cents above levels of a month ago and 85.8 cents above year-ago levels.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Fidelis Energy Inc. (PINKSHEETS: FDEI), WSCF has been compensated Ten Million shares, by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds Eight Million and One Hundred Thousand of those shares as of this release, but intends to immediately begin selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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