SOURCE: Wall Street News Alert

Wall Street News Alert

January 15, 2008 09:33 ET

Wall Street News Alert: CSKH Is on the Move! January 15, 2008

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

WESTON, FL--(Marketwire - January 15, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Clear Skies Holdings, Inc. (OTCBB: CSKH), Canadian Solar Inc. (NASDAQ: CSIQ), Spire Corporation (NASDAQ: SPIR) and SunPower Corporation (NASDAQ: SPWR).

Investors looking to possibly benefit from the alternative energy sector should be watching the Clear Skies Holdings, Inc. (OTCBB: CSKH) closely. This morning, the company, a leading developer of solar energy products and a full-service integration company specializing in the turnkey installation of commercial photovoltaic (PV) solar systems, issued a press release announcing an agreement with Hawthorne Machinery to install a solar energy system at the company's 25-acre headquarters in Rancho Bernardo, CA!

This is great news for the company! Under the agreement, Clear Skies will install a 159 kw solar photovoltaic (PV) system designed to offset the majority of building's current energy usage charges. The press release states that the contract price for the project is $1,281,800.

Wall Street News Alert continues to alert aggressive investors to watch this company closely. "This sale not only represents a major milestone for our company but also marks the beginning of a relationship with Hawthorne Machinery, a leader in providing heavy equipment to the construction industry," said Ezra Green, chief executive officer and chairman of the Clear Skies Group. "As their company continues to grow, the Clear Skies Group will be able to provide cost-effective energy solutions that suit their changing needs."

"Hawthorne Machinery will begin saving money the day the system is turned on," added Green. "In addition, over the working life of the system, the costs will not increase beyond the initial purchase price. The skyrocketing costs of traditional energy sources, coupled with an abundance of available rebates, makes the benefits of going solar not only feasible, but a smart financial investment for companies.

"After federal tax credits and a performance-based incentive (PBI) from the California Solar Initiative (CSI), Hawthorne Machinery is expected to incur an effective purchase price of only 20% of the cost of the system."

The stock closed Monday at $2.22 a share.

In case you are not familiar with the companies: Clear Skies Holdings, Inc. through its wholly owned subsidiary, Clear Skies Group, Inc. ("CSG"), provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country.

With over 850 employees worldwide, Hawthorne Machinery Co. is headquartered in Rancho Bernardo, California. Hawthorne's 25 acre campus includes a 150,000 square feet facility under one roof. The extensive commercial complex is home to global sales, product support, parts, and service and finance personnel. Hawthorne Machinery Co., is an authorized Caterpillar dealer, provides sales, rentals, parts and service to contractors worldwide. The Caterpillar product line currently consists of more than 300 machines that are being updated continually to respond to contractors' changing needs. Hawthorne Machinery's sales territory also includes Hawaii, Guam, Baja Mexico, Northern Baja California, Samoa, Saipan, and Tonga.

Canadian Solar Inc. (NASDAQ: CSIQ) up 0.1% on 1.6 million shares traded. Canadian Solar Inc. (CSI) is a vertically integrated manufacturer of solar cell, solar module and customer-designed solar application products serving worldwide customers.

Spire Corporation (NASDAQ: SPIR) up 1% on 148,000 shares traded. Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture photovoltaic modules worldwide. The company's Spire Solar subsidiary is the world's leading supplier of turnkey photovoltaic manufacturing lines and module manufacturing equipment. Spire Semiconductor develops and manufactures custom gallium arsenide solar cells and other related products for the commercial, biomedical and defense markets. The company's Spire Biomedical subsidiary is a leader in hemodialysis catheters and implantable device processing services.

SunPower Corporation (NASDAQ: SPWR) up 1.7% on 1.8 million shares traded. SunPower Corporation designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance.

Market Commentary:

"On Monday, oil prices settled higher, ending up more than a dollar, as forecasts for blustery weather nationwide raised expectations that demand for energy will surge in the coming days, as well as a weaker dollar and rising political tensions in the Middle East," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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