Etrion Closes Acquisition of Second Portion of 33 MW Solar Power Plant in Italy

Etrion Corporation ("Etrion" or the "Company") (TSX:ETX), an independent solar power producer, has closed the second and last portion of the previously announced acquisition of the 33 megawatt ("MW") Montalto solar power plant from US-based SunPower Corp. ("SunPower") (NASDAQ:SPWRA)(NASDAQ:SPWRB). The total cash consideration for the 33 MW solar plant was approximately 49 million euros plus the assumption of the related non-recourse loan facilities. The Montalto plant is currently the largest operating solar power park in Italy.

Marco Northland, the Company's CEO, commented, "We are delighted to finalize this transaction. We now have 40 MW of operating assets in Italy and are on track to reach critical mass. We expect to benefit from economies of scale and increase the yield for each of these projects by implementing operational efficiencies. In a short period of time, Etrion has become one of the largest solar power producers in Italy."

September 24, 2010, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close up on solar stocks trading .As California announced a new standard of: 33% of electricity from renewable sources by 2020, several leading solar stocks including FSLR see gains.

 According to Thursday’s release – “The regulation establishing the 33 percent renewable electricity standard was adopted today unanimously by the California Air Resources Board. The standard will promote green jobs to construct and run renewable facilities in California, reduce hundreds of tons of harmful air pollution, insulate California’s economy from the shock of volatile natural gas prices and help establish the state as a global leader in the research, development and manufacturing of clean, renewable energy sources.”

 September 17, 2010 - ( Investorideas.com renewable energy/green newswire ) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector, reports on solar stocks trading for September 17th, 2010. Solar stocks were a mixed bag of gainers and losers, with headlines mostly bullish for the sector on the day.  

 Solar Stocks Trading September 17th 

Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading at $3.0401 USD, up  0.0801 (2.71%)

Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $13.07 USD, down  0.02 (0.15%)

First Solar, Inc. (NasdaqGS: FSLR) trading at $ 144.35 USD, down 0.39 (0.27%)

 September 10, 2010 - (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector, reports on solar stocks trading for September 10th, 2010. Several of the leading solar stocks realized gains in morning trading, as investors see another positive trading day in the markets.

Solar expert and columnist at Investorideas.com, J. Peter Lynch, noted in his September 2nd column, “quietly behind the scenes the solar sector has started to come alive and a number of stocks have been showing strength and have moved above their 50 day moving averages.”