On Friday, Shares of First Solar, Inc. (NASDAQ:FSLR), lost -2.80% to $46.94.
Marking a major milestone in the planned expansion of one of the nation’s leading renewable generation portfolios, Southern Company partner Southern Power declared the acquisition of a controlling interest in the company’s largest solar asset – the 300-megawatt (MW) Desert Stateline Facility in California – from First Solar Inc., which will retain the remaining interest in the project. This project represents Southern Power’s and First Solar’s fourth shared acquisition.
“The acquisition of our system’s largest solar facility builds on our proven reputation as a national renewable energy leader,” said Southern Company Chairman, President, and CEO Thomas A. Fanning. “By ongoing to leverage Southern Company’s and First Solar’s complementary strengths, we are accelerating the development of solar as an important component of a diverse fuel mix now and in the future.”
Southern Power’s seventh solar acquisition in California, the Desert Stateline Facility, will be located on 1,685 acres of federally managed public land in San Bernardino County and is predictable to comprise of about 3.2 million of First Solar’s thin-film photovoltaic (PV) solar modules mounted on fixed-tilt tables. Once operational, the Desert Stateline Facility is predictable to be capable of generating enough electricity to assist meet the energy needs of nearly 100,000 average homes.
First Solar, Inc. provides solar energy solutions worldwide. The company operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity.
Shares of Violin Memory Inc (NYSE:VMEM), declined -0.62% to $1.60, during its last trading session.
Violin Memory, declared that Kevin DeNuccio, president and chief executive officer, will present at the Deutsche Bank Technology Conference, to be held at The Cosmopolitan in Las Vegas on Thursday, September 17, 2015 at 11:00 am pacific time.
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide.
At the end of Friday’s trade, Shares of Skechers USA Inc (NYSE:SKX), gained 0.26% to $137.12.
LA MARATHON LLC and Skechers Performance, declared a multi-year partnership, with Skechers Performance becoming the official title sponsor of the Los Angeles Marathon. The two Los Angeles-based companies have teamed up for the city’s biggest running event, now the Skechers Performance Los Angeles Marathon, which will be held on Sunday, February 14, 2016. Registration for the race will open on Tuesday, September 1, 2015.
As title sponsor of the race, Skechers Performance will have a prominent presence at all marathon week activities counting the Los Angeles Marathon Health & Fitness Expo, where Skechers Performance will sell official race merchandise featuring the newly created Skechers Performance Los Angeles Marathon event logo. Additionally, Skechers Performance will outfit course volunteers and staff, and provide finishers’ shirts for all runners. Comprehensive and integrated Skechers Performance Los Angeles Marathon marketing and communications initiatives leading up to and during the race will comprise the Skechers Performance Los Angeles Marathon website (lamarathon.com) and app.
“Partnering with the Los Angeles Marathon is a planned step forward for our company and the Performance Division,” said Michael Greenberg, president of SKECHERS. “As a Los Angeles-based business, we have always wanted to be a part of this iconic race since we began developing our performance footwear division and we could not be more thrilled to join the Los Angeles Marathon as title sponsor.”
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, in addition to performance footwear for men and women under the Skechers GO brand name worldwide.
Finally, Alaska Air Group, Inc. (NYSE:ALK), ended its last trade with 0.65% gain, and closed at $78.58.
Alaska Air Group, declared it will webcast a presentation by Brandon Pedersen, Alaska’s executive vice president, finance and chief financial officer, at the Cowen & Company 8th Annual Global Transportation Conference at 9:20 a.m. Eastern Daylight Time on Wed., Sept. 9, 2015 in Boston.
Alaska Airlines, a partner of Alaska Air Group (ALK), together with its partner regional airlines, serves more than 100 cities through an expansive network in the United States, Canada and Mexico. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North American Airline Satisfaction Study for eight successive years from 2008 to 2015. Alaska Airlines’ Mileage Plan also ranked “Highest in Customer Satisfaction with Airline Loyalty Rewards Programs” in the J.D. Power 2014 and 2015 Airline Loyalty/Rewards Program Satisfaction Report.
Alaska Air Group, Inc., through its auxiliaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments.
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