SOURCE: Wall Street News Alert

Wall Street News Alert

January 15, 2008 08:43 ET

Wall Street News Alert issues Special Alert on CSKH! 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), Akeena Solar, Inc. (NASDAQ: AKNS), Energy Conversion Devices, Inc. (NASDAQ: ENER) and First Solar, Inc. (NASDAQ: FSLR).

Investors looking to possibly benefit from the alternative energy sector should be watching the Clear Skies Holdings, Inc. (OTCBB: CSKH) closely. This morning, 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, C.A!

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.

Akeena Solar, Inc. (NASDAQ: AKNS) down 6.6% on 2.8 million shares traded. Founded in 2001, Akeena Solar's AKNS philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installer of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania.

Energy Conversion Devices, Inc. (NASDAQ: ENER) up 2.5% on 737,000 shares traded. Energy Conversion Devices, Inc. manufactures and sells thin-film solar laminates that convert sunlight to energy. Distributed globally under the UNI-SOLAR® brand by its subsidiary, United Solar Ovonic, the company's products are based on proprietary technology and offer superior cost-effective solutions for roofing applications because they are lightweight, durable, flexible, can be integrated directly with building materials, and generate more energy in real-world conditions.

First Solar, Inc. (NASDAQ: FSLR) up 1.7% on 4.1 million shares traded. First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.

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: http://www.WallStreetNewsAlert.com.

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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. WSCF has been compensated Four Thousand services performed for Clear Skies Holdings, Inc. (OTCBB: CSKH), by the company. WSCF holds no shares of the stock. 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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