Released on: June 24, 2008, 10:28 am

Press Release Author: InvestorIdeas.com

Industry: Environment

Press Release Summary: Raised Targets, Japan Reinstating Solar Subsidies and
Technical Trading Incite Run

Press Release Body: POINT ROBERTS, WA and DELTA, BC-June 24, 2008 --
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 with commentary from
solar expert J. Peter Lynch, Adam Krop, Vice President-Equity Research at Ardour
Capital Investments and Robert Wilder, Manager of the WilderHill Clean Energy Index.

Solar stocks were given a boost as Lehman Brothers raised targets on Evergreen Solar
Inc. and First Solar Inc. First Solar was up $19.78 (7.37%) on the day following
Lehman's analyst, Vishal Shah,
increasing his price target to $335 from $280.

Renewable Energy Stocks solar expert, J. Peter Lynch, commented, "Solar stocks are
beginning to come back from their recent correction. About half of the stocks I
follow have broken above their 50- day moving averages. If the tax credits get
extended the whole sector will run up, but it will require a close eye and the
ability to exit quickly if the extension fails."

According to Adam Krop, Vice President-Equity Research at Ardour Capital
Investments, LLC,
"In addition to Lehman upgrade, solar stocks are moving higher on chatter that Japan
may be on the verge of reinstating solar subsidies to make up for lost market share
in the past two and a half years."

The Ardour Solar Energy Index (Market, News), a compilation of global solar energy
stocks
in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar
Lighting was up $9.20 at the close.

Robert Wilder, Manager of the WilderHill Clean Energy Index (^ECO) noted, "One
needn\'t look very far to see why several solar stocks have seen increasing
valuations lately. With oil around unprecedented highs, Saudis unable to calm
concerns they cannot make up for growing depletion of existing supply, natural gas
demand outstripping supply, and coal costs rising to boot, there\'s an environment of
new attention to alternatives." Full quote click here:
http://www.investorideas.com/Articles/062408.asp

\"Solar could make up 10% of U.S. generation by 2025 according to a recent utility
solar assessment study by Clean Edge and Co-op America. This kind of projection
evidences the growth potential of the Solar Industry to its participants, and we
feel privileged to be a part of it,\" said Tom Djokovich, CEO of XsunX, Inc. (OTCBB:
XSNX).

Sector Close-Up as of Trading June 23, 2008:

First Solar, Inc. (Market, News) closed at $288.00 US, up $19.78 (7.37%) following
Lehman's upgrade.
Akeena Solar Inc. (NASDAQ:AKNS) was down $0.02 on the day but up in after markets $
0.12 (2.06%).
Evergreen Solar Inc (Market, News) closed up 3.52%.
LDK Solar ADR (Market, News) increased $1.80 (4.80%) with additional gains after hours.
SunPower Corporation (Market, News ) had gains of $1.29 (1.59%).
Yingli Green Energy (Market, News) was down $0.48 (2.46%) with after market gains
of$0.15 (0.79%).
Clear Skies Solar Inc. (OTCBB: CSKH) closed down $0.08.
XsunX: (OTCBB: XSNX) closed down $0.01 (1.27%).
ICP SOLAR (Market, News ) ended down$ 0.02 (3.23%).
WorldWater & Solar Technologies (Market, News) traded volume of 925,958.

For investors following solar stocks, the RenewableEnergyStocks.com website provides
a comprehensive list of photovoltaic and solar stocks to research.

Coming soon to Investorideas.com - InvestorIdeas.com Green Investor:
Follow well- known financial columnist Michael Brush, who also writes the Insiders
Corner for Investorideas.com, in a series of interviews with some of the leading
CEOs, investment banking and financial leaders in the sector.

Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTCBB: CSKH). Clear Skies
Solar, Inc. (CSS) through its wholly owned subsidiary provides full-service
renewable energy solutions to commercial, industrial, and agricultural clients
across the country. CSS was incorporated in 2003 and launched formal operations in
2005. During that time period, CSS developed its proprietary systems, obtained
licenses and certifications, and acquired technologies that could maximize the
impact of its construction expertise on the renewable energy sector.

Leading the charge among the Clear Skies technologies is their patented XTRAXR, the
first of its kind to handle the trading of carbon credits and its comprehensive
billing procedures, designed and developed entirely by Clear Skies Group\'s in-house
research and development department. XTRAXR will deliver reliable autonomous data
readings for solar energy systems around the United States. Additionally, the XTRAXR
system can also provide monitoring of energy production from wind, solar-thermal,
geo-thermal, tidal and other types of facilities and installations that are
fossil-fuel independent.

CSS has become one of the premier solar electric installation companies in the
country. More info can be found on the Investorideas.com Company Showcase
http://www.investorideas.com/CO/CSG/
or the company website at www.clearskiesgroup.com.


Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif.,
XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell
manufacturing processes to produce TFPV solar modules. To deliver its products the
Company has begun to build a multi- megawatt TFPV solar module production facility
in the United States to meet the growing demand for solar cell products used in
large scale commercial projects, utility power fields, and other on-grid
applications. Employing a phased roll out of production capacity, it plans to grow
manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can
be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp
or http://www.xsunx.com/


About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within
Investorideas.com and provides investors with stock news, exclusive articles and
financial columnists, audio interviews, investor conferences and a directory of
stocks within the renewable energy sector.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities. We
attempt to research thoroughly, but we offer no guarantees as to the accuracy of
information presented. All Information relating to featured companies is sourced
from public documents and/ or the company and is not the opinion of our web sites.
This site is currently compensated by featured companies, news submissions and
online advertising. Disclosure: XsunX and Clear Skies Holdings compensate the
website $5000 per month. In addition CSKH has issued options. More info:
www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, WilderHill Clean Energy Index ,XsunX, Clear Skies
Solar


Web Site: http://www.renewableenergystocks.com

Contact Details: Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,