ABB (ABB) $ 18.29 Canadian Solar (CSIQ) $ 19.42 Capstone Turbine (CPST) $ 0.25 Chipotle Mexican Grill (CMG) $ 713.25 Daqo New Energy (DQ) $ 18.15 First Solar (FSLR) $ 48.88 General Electric (GE) $ 27.29 Hannon Armstrong (HASI) $ 17.92 Hanwha SolarOne (HSOL) $ 1.10 iPatch DJ-UBS Coffee (JO) $ 20.82 iPath Pure Beta Coffee (CAFE) $ 14.30 JA Solar (JASO) $ 8.38 Maxwell Technologies (MXWL) $ 5.88 NRG, Inc. (NRG) $ 15.78 NRG Yield, Inc. (NYLD) $ 14.37 Ormat (ORA) $ 36.05 Pattern Energy Group (PEGI) $ 21.25 SolarCity (SCTY) $ 47.28 SunEdison (SUNE) $ 8.69 SunPower (SPWR) $ 23.35 TerraForm Power (TERP) $ 17.88 Tesla (TSLA) $ 241.46 TransAlta Renewables (RNW) $ 11.34 Trina Solar (TSL) $ 10.23 U.S. Geothermal (HTM) $ 0.62 Whole Foods Market (WFM) $ 33.53 Yingli Green Energy (YGE) $ 0.46

Siemens (NYSE:SI) Lands $54 Million Rail Deal

Modern Energy Roundup - April 11, 2012

Written by Jeff Siegel
Posted April 11, 2012 at 1:11PM

  • Siemens (NYSE:SI) has announced that it has won a $54 million contract to provide signaling technology for an extension of a subway system in Athens. Apparently, this deal came to fruition about a week after Greece's Parliament ended a dispute over an alleged bribe scandal involving the company. As part of a deal to end the dispute, Siemens said it would spend more than $131 million to “enhance activities in Greece.” Despite the irony of the “bribery” agreement, this is yet another example of how Siemens is a global leader in the rail space. I'm bullish on Siemens, and currently have a $114 price target on the stock.
  • Just days after landing its high-performance battery deal with Chery Automobile, China BAK Battery (NASDAQ:CBAK) has announced that it has regained compliance with the NASDAQ minimum bid price requirement. I imagine this will offer further support for the stock going forward. Especially today, if the market really does prove to shake off the stink of 5 straight days of losses.

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