SOURCE: Paragon Financial Limited

Paragon Financial Limited

October 05, 2011 08:16 ET

ReneSola and First Solar Struggle as Subsidy Worries Grow

The Paragon Report Provides Equity Research on ReneSola and First Solar

NEW YORK, NY--(Marketwire - Oct 5, 2011) - Alternative or renewable energies are fuel sources other than those derived from fossil fuels and are typically not as harmful to the environment. While skyrocketing gas prices have led to increased attention on renewable energy, changes in government incentives in Europe and delays for certain projects have caused a pullback for some companies. The Paragon Report examines investing opportunities in the Solar Industry and provides equity research on ReneSola Ltd. (NYSE: SOL) and First Solar, Inc. (NASDAQ: FSLR). Access to the full company reports can be found at:

www.paragonreport.com/SOL

www.paragonreport.com/FSLR

Recent data, courtesy of Reuters, shows that the renewable energy sector has lagged fossil fuel energy stocks over the past couple of months. Alternative energy stocks are considered exceptionally vulnerable during economic downturns as these companies are dependent on subsidy programs. In addition, with global economic concerns at a high, climate change worries have been pushed to the backburner.

HSBC hasn't lost all confidence in the renewable energy sector. In a recent note, HSBC analysts argued that Emerging Markets are boosting alternative energy demand. Analysts at S&P go on to note that the crisis at Japan's Fukushima nuclear plant created "tremendous potential" in the land of the rising sun.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the solar industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

Despite solar heavyweights Italy and Germany cutting back on solar support amid growing economic turbulence in the Eurozone, Europe continues to drive the solar industry. Based on a study looking at five major solar markets -- Germany, Italy, France, Spain and Britain -- the European Photovoltaic Industry Association (EPIA) said that power generated from solar modules in Europe could be competitive in relation to conventional forms of energy by the end of the decade. "Under the right policy and market conditions, PV competitiveness with grid electricity can be achieved in some markets as early as 2013, and then spread across the continent in the different market segments by 2020," EPIA said.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon 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.paragonreport.com/disclaimer.