Real Goods Solar Wins Multi-Site Solar Power Projects - Shares Down 1%

By Staff,

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Real Goods Solar Inc. ( RSOL ) is down 1.2% after securing more than 5 megawatts in solar power projects across Arizona and California for education, municipal and commercial market segments. These programs were won by RGS Energy, RSOL's commercial and utility division.

The project sites range from police and fire stations, city halls and community centers to educational facilities and a luxury resort. The installations will feature solar carports and rooftop arrays, with all the projects expected to be completed in the first half of 2013.

Financial details of the agreement were not disclosed.

RSOL is trading at $0.80 in a 52-week range of $0.40 - $1.80. Shares have fallen 29% in the last 12 months.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: RSOL

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