DALLAS, Texas 9/25/2008 2:25:02 AM
News / Business

Senate Finally Passes Energy Tax Bill; Suntech Power, First Solar & SunPower to Benefit

DALLAS, Texas - TwinTrader.com announces the publication of ‘Senate Finally Passes Energy Tax Bill; Suntech Power, First Solar & SunPower to Benefit

Investors can view all of the investment articles and publications for free by visiting:
http://www.TwinTrader.com

Senate Finally Passes Energy Tax Bill; Suntech Power, First Solar & SunPower to Benefit

The long awaited energy tax legislation passed the Senate by a 93-2 vote as part of a tax bill worth more than $100 billion.  The energy tax measure, pegged at $17 billion, comes after nearly a year of haggling over portions of the bill among some congressional members who insisted all provisions have offsetting equivalent revenue...

” ‘It is the most significant legislation ever introduced in Congress for solar,’ said Rhone Resch, president of the Solar Energy Industries Association (SEIA). ‘It will provide a stable market for businesses to grow over the next 10 years.’
...

”After failing eight times, the proposed energy legislation is seen as a boon to the nation’s employment in the coming years.  According to a study commissioned by the SEIA, companies such as First Solar Inc. (FSLR), Suntech Power Holdings Co. Ltd. (STP), SunPower Corp. (SPWR) and other benefiting companies would create approximately 441,000 jobs and provide $232 billion in spending into the U.S. economy by 2016
…”

To read the entire article visit http://www.TwinTrader.com

Join the fastest growing investor community at:
http://www.stockhideout.com

TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor.  No investor should base their investments decisions upon any act or omission of TT.  TT makes no representations or warranties, and none may be relied upon.  The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor.  TT may, and you should assume that TT does, own shares in the companies profiled on this site.  TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price.  TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time.  Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell.  Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees.  TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site.  Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only.  Short-term trading can be extremely risky.  As with any investment decision, careful research should be done before making any decision to invest.

 

TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.

 

Source: TwinTrader.com

TwinTrader.com

Scott Sanchez, (214)-317-5947
scott@twintrader.com