Solar, wind, and demand-response companies have been affected by global financial uncertainties, but strive to look at the bright side: growing pressures at home and abroad to curb greenhouse gases, fossil fuel use, and avoidable energy consumption. Here are the high- and lowlights of the most recent quarterly reports. SunPower Corp.--This solar company\u2019s earnings rose, but its stock fell drastically. When it reported its third quarter earnings October 16, it was riding the crest of the green power wave. The elation was related to the eight-year extension of the federal investment tax credit for qualifying solar power systems, as well as the company\u2019s entrance into the utility scale solar system market. For the first time, investor-owned utilities can reap the tax credit, making them more eager to embrace solar power. \u201cWe had a terrific third quarter,\u201d said Tom Werner, SunPower chief executive officer. \u201cGlobal demand remains strong for 2009 and beyond, and there is robust customer demand in every market we serve\u201d SunPower\u2019s net income in the third quarter 2008 was $22.4 million, which is lower than the $28.6 million in the second quarter this year. But, the three month income is nearly three times last year\u2019s third quarter gain, which was $8.4 million. At the same time, the price of its stock has been volatile, like that of many solar energy companies in today\u2019s topsy-turvy market. Share prices for the company dropped from a high over the past 12 months of $91 a share to the mid $20s--about a 74 percent fall, according to Morningstar. Much of the revenue reported in the mid-October earnings statement--$184 million--was attributed to the company\u2019s component and systems divisions. Part of the share dilution was because of Lehman Brothers\u2019 bankruptcy. SunPower lent Lehman 2.9 million shares, representing 3.5 percent of its stock. The shares are now tangled up in the fallen financial giant\u2019s bankruptcy proceeding. SunPower reported $431 million in cash on hand, which was up from $336 million in the second quarter of this year. SunPower bought the Berkeley-based PowerLight last year. FPL Group--The Florida-based company, which is California\u2019s primary wind developer, is scaling back its wind projects for 2009 because of severe credit constraints. It plans to build out 1,100 MW of wind projects instead of 1,300 MW across the country because of higher borrowing costs. Scaling back is expected to help cut expenses by about $1 billion. \u201cUntil confidence returns to the credit markets, we believe financing will be available for only the best projects, and even for those, the cost of credit will be higher than we have seen in the recent past,\u201d said Lew Hay, company chief executive officer. FPL\u2019s reported net earnings for the third quarter were $506 million, compared to $494 million the same quarter last year. Hay referred to the \u201cpowerful economic undercurrent,\u201d which has impacted the company\u2019s earnings. The credit crunch and housing crisis and resulting abandoned homes were blamed. In spite of scaling down its wind developments for next year, company executives say they plan to stick to their plan to build between 7,000 MW and 9,000 MW of new wind capacity in the U.S. by 2012. They did note, however, they will closely monitor the market. Comverge--This company that provides demand-response and energy curtailment services to utilities in California and elsewhere is struggling to bail out its boat. Its net loss for the third quarter of 2008 was $81.8 million, compared to a net loss of $5.3 million for the third quarter of 2007. Comverge shares have lost about 90 percent of their value over the last year; from a high of nearly $33 a share the price has dropped below $3 a share The company has 866 MW under long-term contract, expected to generate revenues of $445 million. Of these amounts, 165 MW await regulatory approval in California--for a Southern California Edison contract--and in Arizona for an Arizona Public Service demand-response deal. Robert Chiste, Comverge president and chief executive officer, sees a \u201chuge market opportunity\u201d with demand response given carbon and power price constraints. \u201cWe don\u2019t need subsidies to be successful,\u201d he added. EnerNoc--This energy curtailment company, saw its losses grow too. Its reported net loss for the third quarter of this year was $3.1 million, compared to a net loss of $2.5 million for the same period in 2007. The firm is banking that its finances will go from red to green in the near future. \u201cWe believe that the appeal of our solutions is even more evident in the current market environment as utilities seek capital-efficient resources and end-users look to reduce their energy costs and drive productivity,\u201d stated Tim Healy, EnerNoc chair and chief executive officer. Pacific Ethanol--While sales of corn-based ethanol from the West Coast\u2019s largest producer rose in the third quarter, the company got hit with the double whammy of lower prices at the pump and higher corn costs. The company\u2019s net loss for the quarter ending September 2008 totaled $54.9 million, compared to the same quarter in 2007, when its net profit was $4.8 million. \u201cThe production environment continues to be challenging,\u201d said Neil Koehler, Pacific Ethanol chief executive officer. The average price of corn soared 54 percent from July to September this year, the company\u2019s earnings report shows. Ethanol is considered to be an alternative transportation fuel that replaces gasoline in vehicle tanks. However, ethanol\u2019s greenhouse gas impacts are a subject of much debate. Pacific Ethanol\u2019s new Stockton facility passed its performance test and is said to have a 60 million gallon a year capacity. Pacific Ethanol says it\u2019s working to develop other alternative fuel technologies, including cellulose-based ethanol production and bio-diesel. Company executives expect California\u2019s low carbon fuel standard, which requires that fuels produce one tenth less carbon from cradle to grave than gasoline, will help bolster the industry. Development of the state standard has been stalled by controversy over the potential carbon impacts that arise from clearing land to expand corn production. The company also expects president-elect Barack Obama to push to expand the current national renewable fuels standards. The company announced this week it plans to delay filing its third quarter return with the Securities and Exchange Commission. It plans to file its 10 Q form November 17, according to a November 11 statement. Vera Sun--The firm, a major producer of E-85--an ethanol-gasoline blend, filed for Chapter 11 bankruptcy protection in Delaware October 31 because of significant cash flow problems. \u201cThe company suffered significant losses in the third quarter 2008 from a dramatic spike in corn costs reflecting in part costs attributable to its corn procurement and hedging arrangements, and historically unfavorable margins,\u201d stated the South Dakota-based company.