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Renewable Energy Projects Supported by State Clean Energy Funds Increased by 18% in 2011

NEW YORK, NY--(Marketwire - Nov 8, 2012) - The United States has been one of the largest supporters of renewable energy as it continues to look for ways to reduce dependence on foreign oil. According to the Energy Information Administration (EIA) in 2011 renewable energy accounted for 13 percent of total electricity generation in the U.S. Five Star Equities examines the outlook for companies in the Renewable Energy Industry and provides equity research on First Solar, Inc. ( NASDAQ : FSLR ) and MEMC Electronic Materials, Inc. ( NYSE : WFR ).

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According to the Clean Energy States Alliance there are currently clean energy funds now in over 20 states. The funds have supported a total of 32,734 projects in 2011, an increase of 18 percent when compared to 2010, and nearly twice the amount seen in 2009.

"Despite the economic climate, state clean energy funds have continued to demonstrate innovation, support emerging technologies, and advance clean energy markets," says Mark Sinclair, Executive Director of the Clean Energy States Alliance. "The better news is that, after 13 years of data collection, we feel confident that these industry trends are here to stay."

Five Star Equities releases regular market updates on the Renewable Energy Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

First Solar modules have a proven performance advantage over conventional solar modules. Due to a superior temperature coefficient, First Solar modules produce more energy in real-world environments. Shares of the company have surged over 20 percent in the last month as they have recently announced agreements for solar projects in Dubai and Indonesia.

MEMC is a global leader in semiconductor and solar technology. With R&D and manufacturing facilities in the U.S., Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells. The company has recently reported that it expects to sell between 90 MW to 120 MW in solar systems in the fourth quarter, an increase from the 74 MW sold in the third quarter.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer