Items Tagged With Solar Energy

Good Energies, a Switzerland-based investor specializing in investments in the wind and solar segments, takes a different view. Good Energies has entered into an agreement to buy shares from SOLF's Chairman and other current shareholders to bring its stake in SOLF to 34.7% from 6.3%, making it the company's largest shareholder. The investment expands the relationship between Solarfun and Good Energies that began when Good Energies first invested in SOLF in 2006. The market loved the news: SOLF rocketed 27% in Tuesday's regular session, the day of the announcement. On Wednesday the shares traded higher in anticipation of the U.S. Congress approving an energy bill that is expected to be a big positive for renewable energy companies.