Green IPO Watch at Renewableenergystocks.com Reports; Electric Car Company Tesla (Nasdaq: TSLA) Announces Pricing of IPO
June 29,2010 -( Green IPO news at Investorideas.com ) www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, reports that electric vehicle company Tesla Motors, Inc, (Nasdaq: TSLA), announces the pricing of its IPO and commences trading.
(Nasdaq: TSLA) News :
Tesla Announces Pricing of Initial Public Offering
Tesla Motors, Inc. (Nasdaq: TSLA), a manufacturer of highway-capable fully electric vehicles and electric vehicle powertrain components, today announced its initial public offering of 13,300,000 shares of its common stock at a price to the public of $17.00 per share. The shares will begin trading on Tuesday, June 29, 2010 on the NASDAQ Global Select Market under the ticker symbol “TSLA.” Of the shares in the offering, 11,880,600 shares are being offered by the company and 1,419,400 shares are being offered by selling stockholders. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional aggregate of 1,995,000 shares of common stock to cover over-allotments, if any. Tesla will not receive any proceeds from the sale of shares by the selling stockholders.
Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com; or standard mail at Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282-2198; from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: prospectus@morganstanley.com; or standard mail at Morgan Stanley & Co. Incorporated, Attn: Prospectus Department, 180 Varick Street, New York, NY 10014; from J.P. Morgan Securities Inc., via telephone: (718) 242-8002; or standard mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; or from Deutsche Bank Securities Inc., via telephone: (800) 503-4611; or standard mail at 100 Plaza One, Jersey City, NJ 07311 Attn: Prospectus Department.
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tesla Motors, Inc.
Tesla designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
Subscribe to or add to your site – the Green IPO Watch News Feed: http://www.investorideas.com/RSS/feeds/GreenIPO.xml
About Our Green Investor Portals:
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com, www.Water-Stocks.com all within the Investorideas.com hub.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has and estimated 1100 stocks and new stocks are added each month for investors following the sector. The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory, environment stocks directory and fuel cell stocks directory. http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering multiple industry sectors including water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
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:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Tuesday, June 29, 2010
Monday, June 28, 2010
Renewable Energy Stocks; Energy Recovery, Inc. (NasdaqGS: ERII) and China Wind Systems, Inc. (NasdaqGM: CWS) Top Gainers at NASDAQ
Renewable Energy Stocks; Energy Recovery, Inc. (NasdaqGS: ERII) and China Wind Systems, Inc. (NasdaqGM: CWS) Top Gainers at NASDAQ
June 28, 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 green stock trading for June 28th. Two of the top gainers at NASDAQ include Energy Recovery, Inc. (NasdaqGS: ERII), trading at $4.47,
Up $0.67 (17.63%) at 1:38PM EDT and China Wind Systems, Inc. (NasdaqGM: CWS) trading at $ 4.72, up $ 0.66 (16.26%) at 1:39PM EDT.
Energy Recovery Inc (NASDAQ:ERII) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. Energy Recovery technologies include the PX Pressure Exchanger™ (PX™) device for desalination and the Turbocharger hydraulic turbine energy recovery device and pumps for desalination, gas and liquid processing applications. The company is headquartered in the San Francisco Bay Area with offices in Detroit and worldwide, including Madrid, Shanghai and the United Arab Emirates. For more information about Energy Recovery Inc.
China Wind Systems .(NasdaqGM: CWS) supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
Green and alternative energy investors can research wind stocks and energy efficient stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com
And www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
June 28, 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 green stock trading for June 28th. Two of the top gainers at NASDAQ include Energy Recovery, Inc. (NasdaqGS: ERII), trading at $4.47,
Up $0.67 (17.63%) at 1:38PM EDT and China Wind Systems, Inc. (NasdaqGM: CWS) trading at $ 4.72, up $ 0.66 (16.26%) at 1:39PM EDT.
Energy Recovery Inc (NASDAQ:ERII) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. Energy Recovery technologies include the PX Pressure Exchanger™ (PX™) device for desalination and the Turbocharger hydraulic turbine energy recovery device and pumps for desalination, gas and liquid processing applications. The company is headquartered in the San Francisco Bay Area with offices in Detroit and worldwide, including Madrid, Shanghai and the United Arab Emirates. For more information about Energy Recovery Inc.
China Wind Systems .(NasdaqGM: CWS) supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
Green and alternative energy investors can research wind stocks and energy efficient stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com
And www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Tuesday, June 22, 2010
Future of Global Cleantech Energy Investing Stabilized by Seven Pillars of Renewable Power, Lead by Activity in the U.S., China, and Europe
Future of Global Cleantech Energy Investing Stabilized by Seven Pillars of Renewable Power, Lead by Activity in the U.S., China, and Europe
New York, – SBI Energy, the leading industrial market research firm behind bestselling titles Clean Coal Energy Technologies: Markets and Trends Worldwide and Nuclear Energy Technologies Worldwide: Components and Manufacturing, has added Cleantech Energy Investing to its growing catalog of global reports covering alternative power resources.
Cleantech Energy Investing analyzes the global investment patterns dedicated to developing and commercializing cleantech energy. The report’s scope covers investment growth in seven energy producing technologies (solar, wind, biofuel, hydro, geothermal, nuclear and clean coal) and eleven geographies (the United States, Canada, Brazil, Spain, Germany, the United Kingdom, France, China, India, Japan and Australia). For each technology, the report provides a short technical background, defines market size and growth, and identifies trends and opportunities.
As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Most clean technologies are sound and are emerging as alternatives to fossil fuels. Nevertheless, investments remain a key growth factor. To compete, clean energy sources must advance to reach the same level of efficiency, maturity and practical use as traditional sources.
In the U.S., solar and wind energy are predicted to be the breakthrough powerhouses of the seven technologies profiled. SBI Energy forecasts domestic investment growth rates for solar energy could easily top 40% over the next four years. Meanwhile, wind energy projects are underway or planned by 79% of utilities in the U.S. within the next five years.
“Clean energy expansion is pegged to energy policy and federal stimulus funds in the U.S. Investment growth rates will increase slowly but steadily driven by both political and consumer pressure associated with the green agenda,” says Jean-Francois Denault, SBI Energy analyst and author of the report.
Globally, Europe is the region expected to generate the steadiest growth. Europe's overall investments in cleantech—estimated at $50 billion and with a yearly growth of 2%-3%—are expected to continue for the 2010-2014 period.
Meanwhile, Asia’s growth rate in energy consumption is phenomenal. Primary energy demand is expected to grow by almost 76% between 2007 and 2030. Growth in the region is driven mostly by China, India and Japan. In particular, China, as one of the world's most rapidly growing economies, is at the center of the action in the clean energy industry with goals to invest $22 billion in renewable energy by 2020.
Cleantech in South America is characterized by a potential for rapid growth, but fragile economies have more urgent priorities for the short term meaning most projects in the region are either biofuel-based (as is the case in Brazil) or use established technologies (such as hydro power). Without opportunities for important financial assistance, it is very hard to jumpstart hedgier technologies (such as solar, wave or tidal). While political risks hinder growth, privatization of large assets (such as hydro and nuclear facilities) provides big growth opportunities. SBI Energy expects regional growth in South America will vary substantially from one country to the next.
For further information, visit: http://www.sbireports.com/redirect.asp?progid=79202&productid=2573888.
About SBI EnergySBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
___________________________________________________________
Research the sector:The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
New York, – SBI Energy, the leading industrial market research firm behind bestselling titles Clean Coal Energy Technologies: Markets and Trends Worldwide and Nuclear Energy Technologies Worldwide: Components and Manufacturing, has added Cleantech Energy Investing to its growing catalog of global reports covering alternative power resources.
Cleantech Energy Investing analyzes the global investment patterns dedicated to developing and commercializing cleantech energy. The report’s scope covers investment growth in seven energy producing technologies (solar, wind, biofuel, hydro, geothermal, nuclear and clean coal) and eleven geographies (the United States, Canada, Brazil, Spain, Germany, the United Kingdom, France, China, India, Japan and Australia). For each technology, the report provides a short technical background, defines market size and growth, and identifies trends and opportunities.
As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Most clean technologies are sound and are emerging as alternatives to fossil fuels. Nevertheless, investments remain a key growth factor. To compete, clean energy sources must advance to reach the same level of efficiency, maturity and practical use as traditional sources.
In the U.S., solar and wind energy are predicted to be the breakthrough powerhouses of the seven technologies profiled. SBI Energy forecasts domestic investment growth rates for solar energy could easily top 40% over the next four years. Meanwhile, wind energy projects are underway or planned by 79% of utilities in the U.S. within the next five years.
“Clean energy expansion is pegged to energy policy and federal stimulus funds in the U.S. Investment growth rates will increase slowly but steadily driven by both political and consumer pressure associated with the green agenda,” says Jean-Francois Denault, SBI Energy analyst and author of the report.
Globally, Europe is the region expected to generate the steadiest growth. Europe's overall investments in cleantech—estimated at $50 billion and with a yearly growth of 2%-3%—are expected to continue for the 2010-2014 period.
Meanwhile, Asia’s growth rate in energy consumption is phenomenal. Primary energy demand is expected to grow by almost 76% between 2007 and 2030. Growth in the region is driven mostly by China, India and Japan. In particular, China, as one of the world's most rapidly growing economies, is at the center of the action in the clean energy industry with goals to invest $22 billion in renewable energy by 2020.
Cleantech in South America is characterized by a potential for rapid growth, but fragile economies have more urgent priorities for the short term meaning most projects in the region are either biofuel-based (as is the case in Brazil) or use established technologies (such as hydro power). Without opportunities for important financial assistance, it is very hard to jumpstart hedgier technologies (such as solar, wave or tidal). While political risks hinder growth, privatization of large assets (such as hydro and nuclear facilities) provides big growth opportunities. SBI Energy expects regional growth in South America will vary substantially from one country to the next.
For further information, visit: http://www.sbireports.com/redirect.asp?progid=79202&productid=2573888.
About SBI EnergySBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
___________________________________________________________
Research the sector:The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Solar in Space and Beyond, Wirelessly
Solar in Space and Beyond, Wirelessly
New York, June 17, 2010 – DK Matai, engineer turned entrepreneur, investor and philanthropist detailed Japan’s plan to send its first solar-panel-equipped satellite into space that could wirelessly beam gigawatt-strong streams of power down to earth. In the June 13th article posted on HuffPost Green, Matai explained that each solar stream from the Wireless Power Transmission (WPT) would produce enough energy to power nearly 300,000 homes eco-efficiently.
“The primary solar market in Japan currently resides with PV residential systems,” notes SBI Energy analyst Norman Deschamps in the 2nd edition solar report from SBI Energy. In 2009, 88% (429.1 MW) of 488.0 MW worth of domestic shipments were to the residential sector.
“Japan is experiencing a resurging interest in household PV installations due to a change in government policy that came into effect in 2009. The incentive provides a generous subsidy to households that install PV systems, replacing the previous incentive scheme which was removed in 2007. As a result of the new subsidies, PV installations grew an SBI Energy estimated 106% in 2009 to 464 MW installed for the year,” Deschamps comments. Considering the lackluster 201 MW and 225 MW installed in 2007 and 2008, the new subsidies are a clear example of how appropriate incentives can radically spur PV installations. Furthermore, the Japan Photovoltaic Energy Association reported sales of solar panels increased 21% in 2009 to 1.4 gigawatts – the highest since 1981, when the group started releasing data.
U.S. Solar Energy Market World Data, 2nd Edition from SBI Energy reports the world solar market is expected to grow 27.5% over the next five years, from $66 billion in 2010 to $173 billion in 2014. The lion’s share of that will come from the solar panel market, forecast to climb to $83 billion in 2014.
According to Matai the Wireless Power Transmission project will cost $21 billion and has already received strong financial support from Mitsubishi and designer IHI, in addition to research teams from 14 other countries. Jean-Francois Denault, SBI Energy analyst and author of Cleantech Energy Investing market study says, “Japan has re-emerged as a major investment bed. The return of feed-in tariffs has excited many projects developers, creating added incentive for growth.”
For further information, visit: http://www.sbireports.com/Cleantech-Energy-Investing-2573888/ and http://www.sbireports.com/Solar-Energy-Data-2385474/.
About SBI Energy
SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
________________________________________________________________________________
Research the sector:The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
New York, June 17, 2010 – DK Matai, engineer turned entrepreneur, investor and philanthropist detailed Japan’s plan to send its first solar-panel-equipped satellite into space that could wirelessly beam gigawatt-strong streams of power down to earth. In the June 13th article posted on HuffPost Green, Matai explained that each solar stream from the Wireless Power Transmission (WPT) would produce enough energy to power nearly 300,000 homes eco-efficiently.
“The primary solar market in Japan currently resides with PV residential systems,” notes SBI Energy analyst Norman Deschamps in the 2nd edition solar report from SBI Energy. In 2009, 88% (429.1 MW) of 488.0 MW worth of domestic shipments were to the residential sector.
“Japan is experiencing a resurging interest in household PV installations due to a change in government policy that came into effect in 2009. The incentive provides a generous subsidy to households that install PV systems, replacing the previous incentive scheme which was removed in 2007. As a result of the new subsidies, PV installations grew an SBI Energy estimated 106% in 2009 to 464 MW installed for the year,” Deschamps comments. Considering the lackluster 201 MW and 225 MW installed in 2007 and 2008, the new subsidies are a clear example of how appropriate incentives can radically spur PV installations. Furthermore, the Japan Photovoltaic Energy Association reported sales of solar panels increased 21% in 2009 to 1.4 gigawatts – the highest since 1981, when the group started releasing data.
U.S. Solar Energy Market World Data, 2nd Edition from SBI Energy reports the world solar market is expected to grow 27.5% over the next five years, from $66 billion in 2010 to $173 billion in 2014. The lion’s share of that will come from the solar panel market, forecast to climb to $83 billion in 2014.
According to Matai the Wireless Power Transmission project will cost $21 billion and has already received strong financial support from Mitsubishi and designer IHI, in addition to research teams from 14 other countries. Jean-Francois Denault, SBI Energy analyst and author of Cleantech Energy Investing market study says, “Japan has re-emerged as a major investment bed. The return of feed-in tariffs has excited many projects developers, creating added incentive for growth.”
For further information, visit: http://www.sbireports.com/Cleantech-Energy-Investing-2573888/ and http://www.sbireports.com/Solar-Energy-Data-2385474/.
About SBI Energy
SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
________________________________________________________________________________
Research the sector:The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Saturday, June 19, 2010
Solar Stocks; Natcore (TSX.V:NXT)(Featured on ABC World NewsCompany's Initiatives in China Now Gaining Global Attention
Natcore Featured on ABC World NewsCompany's Initiatives in China Now Gaining Global Attention
VANCOUVER, BRITISH COLUMBIA--(www.investorideas.com renewable energy blog ) - Natcore Technology Inc. (TSX.V:NXT)(PINK SHEETS:NTCXF) is pleased to inform shareholders and interested parties that the Company was featured in an ABC News story broadcast nationally Wednesday evening on "World News with Diane Sawyer".
The network's website, ABCnews.com, also published an extensive news story featuring Natcore. Both the video and the news story can be viewed via this link: http://abcnews.go.com/Technology/clean-energy-china-ahead-us/story?id=10934443&page=1
The Company encourages all shareholders to view this link to see how your company is now gaining global attention for its business initiatives in China.
On behalf of the Board of Directors,
Charles Provini, President and Chief Executive Officer
Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.
About Natcore Technology Inc.
Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company's LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today's most efficient devices.
Having been independently tested and verified by one of the world's most respected science and technology laboratories, Natcore's technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation.
This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
_______________________________________
Research the sector :
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
VANCOUVER, BRITISH COLUMBIA--(www.investorideas.com renewable energy blog ) - Natcore Technology Inc. (TSX.V:NXT)(PINK SHEETS:NTCXF) is pleased to inform shareholders and interested parties that the Company was featured in an ABC News story broadcast nationally Wednesday evening on "World News with Diane Sawyer".
The network's website, ABCnews.com, also published an extensive news story featuring Natcore. Both the video and the news story can be viewed via this link: http://abcnews.go.com/Technology/clean-energy-china-ahead-us/story?id=10934443&page=1
The Company encourages all shareholders to view this link to see how your company is now gaining global attention for its business initiatives in China.
On behalf of the Board of Directors,
Charles Provini, President and Chief Executive Officer
Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.
About Natcore Technology Inc.
Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company's LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today's most efficient devices.
Having been independently tested and verified by one of the world's most respected science and technology laboratories, Natcore's technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation.
This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
_______________________________________
Research the sector :
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Become a member and get even more : Investor Ideas members can login to access all 4 cleantech stock directories. Learn more : http://www.investorideas.com/membership/
Investorideas.com goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Future of Global Cleantech Energy Investing Stabilized by Seven Pillars of Renewable Power, Lead by Activity in the U.S., China, and Europe
Future of Global Cleantech Energy Investing Stabilized by Seven Pillars of Renewable Power, Lead by Activity in the U.S., China, and Europe
NEW YORK, NY-- Cleantech news -(www.investorideas.com renewable energy blog ) - SBI Energy, the leading industrial market research firm behind bestselling titles Clean Coal Energy Technologies: Markets and Trends Worldwide and Nuclear Energy Technologies Worldwide: Components and Manufacturing, has added Cleantech Energy Investing to its growing catalog of global reports covering alternative power resources.
Cleantech Energy Investing analyzes the global investment patterns dedicated to developing and commercializing cleantech energy. The report's scope covers investment growth in seven energy producing technologies (solar, wind, biofuel, hydro, geothermal, nuclear and clean coal) and eleven geographies (the United States, Canada, Brazil, Spain, Germany, the United Kingdom, France, China, India, Japan and Australia). For each technology, the report provides a short technical background, defines market size and growth, and identifies trends and opportunities.
As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Most clean technologies are sound and are emerging as alternatives to fossil fuels. Nevertheless, investments remain a key growth factor. To compete, clean energy sources must advance to reach the same level of efficiency, maturity and practical use as traditional sources.
In the U.S., solar and wind energy are predicted to be the breakthrough powerhouses of the seven technologies profiled. SBI Energy forecasts domestic investment growth rates for solar energy could easily top 40% over the next four years. Meanwhile, wind energy projects are underway or planned by 79% of utilities in the U.S. within the next five years.
"Clean energy expansion is pegged to energy policy and federal stimulus funds in the U.S. Investment growth rates will increase slowly but steadily driven by both political and consumer pressure associated with the green agenda," says Jean-Francois Denault, SBI Energy analyst and author of the report.
Globally, Europe is the region expected to generate the steadiest growth. Europe's overall investments in cleantech -- estimated at $50 billion and with a yearly growth of 2%-3% -- are expected to continue for the 2010-2014 period.
Meanwhile, Asia's growth rate in energy consumption is phenomenal. Primary energy demand is expected to grow by almost 76% between 2007 and 2030. Growth in the region is driven mostly by China, India and Japan. In particular, China, as one of the world's most rapidly growing economies, is at the center of the action in the clean energy industry with goals to invest $22 billion in renewable energy by 2020.
Cleantech in South America is characterized by a potential for rapid growth, but fragile economies have more urgent priorities for the short term meaning most projects in the region are either biofuel-based (as is the case in Brazil) or use established technologies (such as hydro power). Without opportunities for important financial assistance, it is very hard to jumpstart hedgier technologies (such as solar, wave or tidal). While political risks hinder growth, privatization of large assets (such as hydro and nuclear facilities) provides big growth opportunities. SBI Energy expects regional growth in South America will vary substantially from one country to the next.
For further information, visit: http://www.sbireports.com/redirect.asp?progid=79202&productid=2573888.
About SBI Energy
SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
_________________________________________
Research the sector :
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
NEW YORK, NY-- Cleantech news -(www.investorideas.com renewable energy blog ) - SBI Energy, the leading industrial market research firm behind bestselling titles Clean Coal Energy Technologies: Markets and Trends Worldwide and Nuclear Energy Technologies Worldwide: Components and Manufacturing, has added Cleantech Energy Investing to its growing catalog of global reports covering alternative power resources.
Cleantech Energy Investing analyzes the global investment patterns dedicated to developing and commercializing cleantech energy. The report's scope covers investment growth in seven energy producing technologies (solar, wind, biofuel, hydro, geothermal, nuclear and clean coal) and eleven geographies (the United States, Canada, Brazil, Spain, Germany, the United Kingdom, France, China, India, Japan and Australia). For each technology, the report provides a short technical background, defines market size and growth, and identifies trends and opportunities.
As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Most clean technologies are sound and are emerging as alternatives to fossil fuels. Nevertheless, investments remain a key growth factor. To compete, clean energy sources must advance to reach the same level of efficiency, maturity and practical use as traditional sources.
In the U.S., solar and wind energy are predicted to be the breakthrough powerhouses of the seven technologies profiled. SBI Energy forecasts domestic investment growth rates for solar energy could easily top 40% over the next four years. Meanwhile, wind energy projects are underway or planned by 79% of utilities in the U.S. within the next five years.
"Clean energy expansion is pegged to energy policy and federal stimulus funds in the U.S. Investment growth rates will increase slowly but steadily driven by both political and consumer pressure associated with the green agenda," says Jean-Francois Denault, SBI Energy analyst and author of the report.
Globally, Europe is the region expected to generate the steadiest growth. Europe's overall investments in cleantech -- estimated at $50 billion and with a yearly growth of 2%-3% -- are expected to continue for the 2010-2014 period.
Meanwhile, Asia's growth rate in energy consumption is phenomenal. Primary energy demand is expected to grow by almost 76% between 2007 and 2030. Growth in the region is driven mostly by China, India and Japan. In particular, China, as one of the world's most rapidly growing economies, is at the center of the action in the clean energy industry with goals to invest $22 billion in renewable energy by 2020.
Cleantech in South America is characterized by a potential for rapid growth, but fragile economies have more urgent priorities for the short term meaning most projects in the region are either biofuel-based (as is the case in Brazil) or use established technologies (such as hydro power). Without opportunities for important financial assistance, it is very hard to jumpstart hedgier technologies (such as solar, wave or tidal). While political risks hinder growth, privatization of large assets (such as hydro and nuclear facilities) provides big growth opportunities. SBI Energy expects regional growth in South America will vary substantially from one country to the next.
For further information, visit: http://www.sbireports.com/redirect.asp?progid=79202&productid=2573888.
About SBI Energy
SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
_________________________________________
Research the sector :
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Thursday, June 10, 2010
Renewable Energy Investing News; American Business Leaders Call for Revolution in Energy Technology
Renewable Energy Investing News; American Business Leaders Call for Revolution in Energy Technology
Innovation Group urges scale-up in investment, systemic reforms to create jobs, address national security, solve environmental challenges
Call for action in meetings with White House and Congressional leaders
WASHINGTON, June 10 ( Investorideas.com renewable energy/green newswire ) -- A group of America's top business executives today released a plan to make America a global leader in energy technology innovation, and in meetings at the White House and with Congressional leaders called for urgent action to begin the national transition to clean, affordable, and secure supplies of energy.
The American Energy Innovation Council (AEIC) -- whose members include Bill Gates, chairman and former chief executive of Microsoft; Norm Augustine, former chairman of Lockheed Martin; Ursula Burns, chairman and chief executive of Xerox; John Doerr, partner at Kleiner Perkins; Chad Holliday, chairman of Bank of America and former CEO of DuPont; Jeff Immelt, chief executive of GE; and Tim Solso, chairman and chief executive of Cummins -- said in its report, "A Business Plan for America's Energy Future," that reforming and strengthening U.S. investment in energy innovation is the most critical element to securing America's future.
The full report and supporting documents and other materials can be found at www.americanenergyinnovation.org.
"The world faces many challenges, but none more important than taking immediate and decisive action to develop new, inexpensive clean-energy sources that avoid the negative effects of climate change," Gates said in releasing the report today. "Low-cost clean energy is the single most important way to lift poor countries out of poverty and create more stable societies. The whole world would benefit from this, and the United States can and should lead the way. The time for action is now."
"We must reinvent our energy future," said Chad Holliday, who serves as AEIC chairman. "A giant leap in energy technology investments and reform of our current system can make America a global leader in what will be the largest new market of the 21st Century. We have seen huge dividends from similar American investments before -- in information technology, defense technology, and medical technology. But up until now, energy investments have gotten short shrift. That has to change if we are to control our energy future. This has to be at the top of America's agenda."
The American Energy Innovation Council plan contains five recommendations:
1: Create an independent National Energy Strategy Board
The United States does not have a coherent national energy strategy. Without such a strategy, there is no way to assess the effectiveness of existing energy policies, nor is there a logical framework for the development of new energy technologies. The result of this neglect is reflected in our nation's history -- with oil-driven recessions, environmental degradation, trade deficits, national security problems, and increasing CO2 emissions.
In order to seriously address our energy future, the AEIC recommends the creation of a Congressionally mandated Energy Strategy Board charged with (1) developing and monitoring a National Energy Plan for Congress and the executive branch, and (2) oversight of a New Energy Challenge Program (see recommendation #5).
"Instead of a series of fractured challenges and solutions, we should manage the future of our energy system as an integrated whole, and build a pipeline of technologies that will solve the serious problems our world is facing," said Ursula Burns, chief executive of Xerox. "These recommendations are the beginning of such a solution. I urge Congress and the President to act on them."
2: Increase annual investments in clean energy RD&D by $11 billion, to $16 billion per year
The AEIC members recommend that sizable, sustained increases in spending on research, development and deployment (RD&D) of clean energy technologies are necessary to maintain our competitive edge and keep our economy strong. Government investments of $16 billion per year – an increase of $11 billion over current annual investments of about $5 billion – is the minimum level required. For comparison, the U.S. government currently spends approximately $30 billion each year on health research and more than $80 billion on defense research and development. The public investment called for by AEIC would bring U.S. energy investment in line with those of our trading partners and competitors.
John Doerr, partner at Kleiner Perkins, said, "When our company shifted our attention to clean energy, we found the innovation cupboard was close to bare. America has simply neglected to support serious energy innovation. My partners and I found the best fuel cells, the best energy storage, and the best wind technologies were all born outside of the United States. Other countries are investing huge amounts in these fields. Without innovation, we cannot build great energy companies. We need to restock the cupboard, or be left behind."
Recommendation 3: Create Centers of Excellence in Energy Innovation
In the healthcare, information technology, and defense fields, critical technologies have achieved large-scale market success through multi-disciplinary collaboration among institutions in the private and public sectors. Technology innovation requires expensive equipment, well-trained scientists, multi-year time horizons, and flexibility in allocating funds. This can be done most efficiently and effectively if the institutions engaged in innovation are located in close proximity to each other, share operational objectives, and are accountable to each other for results.
The AEIC recommends the creation of centers of excellence in energy innovation, structured along the lines described above. These centers can drive down the cost of technologies and accelerate their deployment. To function effectively and deliver real results, each of these centers will require annual funding in the range of $150 million to $250 million as a part of the $16 billion total.
Tim Solso, CEO of Cummins said, "Creating regional centers of excellence is central to incubating innovation across different fields and institutions. These can be our new hubs of invention. Our company has found that we win in the market by using our technical innovation to meet public standards while also developing products that meet the needs of our customers. The entire American economy can benefit from similar investments in innovation to help address our energy challenges."
Recommendation 4: Fund ARPA-E at $1 billion per year
The creation of ARPA-E has been a significant development for energy innovation. ARPA-E is challenging innovators to come up with truly novel ideas and "game changers." The program has high potential for long-term success, but only if it is given the autonomy, budget, clear signals of support, and ability to implement needed projects. It will need long-horizon funds on a scale commensurate with its goals, and a life extension beyond the current federal stimulus. AEIC recommend that a $1 billion annual commitment would be a wise investment as a part of the $16 billion total.
"Ultimately, energy innovation is a matter of national security, and must be treated that way by Congress and the Administration," said Norm Augustine, former chairman of Lockheed Martin and former Undersecretary of the Army. "This is true because disruptions in the supply of energy and environmental change are among the most likely causes of future military conflicts. DARPA was a huge success in creating high payoff returns on investments in military technologies. ARPA-E -- its energy equivalent -- can have a similar transformative impact on energy technology, but it must receive adequate funding."
Recommendation 5: Establish a New Energy Challenge Program for large-scale demonstration projects
America's energy innovation system lacks a mechanism to turn large-scale ideas or prototypes into commercial-scale facilities. AEIC recommends the creation of a program to fund, build, and accelerate the commercialization of advanced energy technologies.
This program should be structured as a joint venture between the federal government and the energy industry, and would operate as an independent corporation outside of the federal government. It would focus on the transition from pre-commercial, large-scale energy systems to integrated, full-size system tests. The program should be co-funded by the public and private sectors at an initial level of $20 billion over 10 years, with a single federal appropriation.
The Need for Complementary Policies
The AEIC plan also notes "the need for complementary energy policies to drive market adoption of new technologies. A vigorous demand signal will increase the intensity of research, add large private-sector commitments, reduce barriers between the lab and market, and ensure technologies perform better and cost less over time. The United States will not succeed in this field without policies to ensure there are vibrant markets for clean energy technologies. Those policies may include some combination of a price or a cap on CO2, a clean energy or renewable energy portfolio requirement, or technology performance standards. The effect of such policies should be to create a large, sustained market for new energy technology. Our nation cannot succeed without it."
The report states that increased investment for energy innovation is such a high national priority that it should be undertaken even in the midst of tight federal budgets. The group also notes that options for generating new revenue for energy innovation investment from the energy sector include reductions in subsidies for fossil fuels, license fees for offshore oil and natural gas production, creating an oil import fee, increasing the gas tax or putting a price on carbon emissions. The report does not specifically advocate any of these approaches.
"The U.S. is falling behind because we don't have the markets or the will - our policies are shortsighted and our markets aren't set up to reward energy innovation. We have the power to transform our energy future and address many of our economic, energy security and climate challenges with the right policy clarity and robust market demand. You have to do both to drive innovation and compete," said Jeff Immelt, CEO of GE.
"I am convinced that the right technologies and the right policies we can solve our energy and climate challenges," said Bill Gates. "But we need a much more serious commitment to do so."
AEIC Chair Chad Holliday said, "During my time at DuPont, when science linked CFC use and ozone depletion, we knew the world had to change the model. DuPont used this challenge to invent entire new businesses. The United States can do the same to meet our energy and climate challenges. But we must begin investing at a much larger scale now."
American Energy Innovation Council
SOURCE The American Energy Innovation Council
Back to top RELATED LINKShttp://www.americanenergyinnovation.org
end
__________________________
Published at Investorideas.com renewable energy stocks blog
Research green and renewable energy stocks at www.investorideas.com
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Innovation Group urges scale-up in investment, systemic reforms to create jobs, address national security, solve environmental challenges
Call for action in meetings with White House and Congressional leaders
WASHINGTON, June 10 ( Investorideas.com renewable energy/green newswire ) -- A group of America's top business executives today released a plan to make America a global leader in energy technology innovation, and in meetings at the White House and with Congressional leaders called for urgent action to begin the national transition to clean, affordable, and secure supplies of energy.
The American Energy Innovation Council (AEIC) -- whose members include Bill Gates, chairman and former chief executive of Microsoft; Norm Augustine, former chairman of Lockheed Martin; Ursula Burns, chairman and chief executive of Xerox; John Doerr, partner at Kleiner Perkins; Chad Holliday, chairman of Bank of America and former CEO of DuPont; Jeff Immelt, chief executive of GE; and Tim Solso, chairman and chief executive of Cummins -- said in its report, "A Business Plan for America's Energy Future," that reforming and strengthening U.S. investment in energy innovation is the most critical element to securing America's future.
The full report and supporting documents and other materials can be found at www.americanenergyinnovation.org.
"The world faces many challenges, but none more important than taking immediate and decisive action to develop new, inexpensive clean-energy sources that avoid the negative effects of climate change," Gates said in releasing the report today. "Low-cost clean energy is the single most important way to lift poor countries out of poverty and create more stable societies. The whole world would benefit from this, and the United States can and should lead the way. The time for action is now."
"We must reinvent our energy future," said Chad Holliday, who serves as AEIC chairman. "A giant leap in energy technology investments and reform of our current system can make America a global leader in what will be the largest new market of the 21st Century. We have seen huge dividends from similar American investments before -- in information technology, defense technology, and medical technology. But up until now, energy investments have gotten short shrift. That has to change if we are to control our energy future. This has to be at the top of America's agenda."
The American Energy Innovation Council plan contains five recommendations:
1: Create an independent National Energy Strategy Board
The United States does not have a coherent national energy strategy. Without such a strategy, there is no way to assess the effectiveness of existing energy policies, nor is there a logical framework for the development of new energy technologies. The result of this neglect is reflected in our nation's history -- with oil-driven recessions, environmental degradation, trade deficits, national security problems, and increasing CO2 emissions.
In order to seriously address our energy future, the AEIC recommends the creation of a Congressionally mandated Energy Strategy Board charged with (1) developing and monitoring a National Energy Plan for Congress and the executive branch, and (2) oversight of a New Energy Challenge Program (see recommendation #5).
"Instead of a series of fractured challenges and solutions, we should manage the future of our energy system as an integrated whole, and build a pipeline of technologies that will solve the serious problems our world is facing," said Ursula Burns, chief executive of Xerox. "These recommendations are the beginning of such a solution. I urge Congress and the President to act on them."
2: Increase annual investments in clean energy RD&D by $11 billion, to $16 billion per year
The AEIC members recommend that sizable, sustained increases in spending on research, development and deployment (RD&D) of clean energy technologies are necessary to maintain our competitive edge and keep our economy strong. Government investments of $16 billion per year – an increase of $11 billion over current annual investments of about $5 billion – is the minimum level required. For comparison, the U.S. government currently spends approximately $30 billion each year on health research and more than $80 billion on defense research and development. The public investment called for by AEIC would bring U.S. energy investment in line with those of our trading partners and competitors.
John Doerr, partner at Kleiner Perkins, said, "When our company shifted our attention to clean energy, we found the innovation cupboard was close to bare. America has simply neglected to support serious energy innovation. My partners and I found the best fuel cells, the best energy storage, and the best wind technologies were all born outside of the United States. Other countries are investing huge amounts in these fields. Without innovation, we cannot build great energy companies. We need to restock the cupboard, or be left behind."
Recommendation 3: Create Centers of Excellence in Energy Innovation
In the healthcare, information technology, and defense fields, critical technologies have achieved large-scale market success through multi-disciplinary collaboration among institutions in the private and public sectors. Technology innovation requires expensive equipment, well-trained scientists, multi-year time horizons, and flexibility in allocating funds. This can be done most efficiently and effectively if the institutions engaged in innovation are located in close proximity to each other, share operational objectives, and are accountable to each other for results.
The AEIC recommends the creation of centers of excellence in energy innovation, structured along the lines described above. These centers can drive down the cost of technologies and accelerate their deployment. To function effectively and deliver real results, each of these centers will require annual funding in the range of $150 million to $250 million as a part of the $16 billion total.
Tim Solso, CEO of Cummins said, "Creating regional centers of excellence is central to incubating innovation across different fields and institutions. These can be our new hubs of invention. Our company has found that we win in the market by using our technical innovation to meet public standards while also developing products that meet the needs of our customers. The entire American economy can benefit from similar investments in innovation to help address our energy challenges."
Recommendation 4: Fund ARPA-E at $1 billion per year
The creation of ARPA-E has been a significant development for energy innovation. ARPA-E is challenging innovators to come up with truly novel ideas and "game changers." The program has high potential for long-term success, but only if it is given the autonomy, budget, clear signals of support, and ability to implement needed projects. It will need long-horizon funds on a scale commensurate with its goals, and a life extension beyond the current federal stimulus. AEIC recommend that a $1 billion annual commitment would be a wise investment as a part of the $16 billion total.
"Ultimately, energy innovation is a matter of national security, and must be treated that way by Congress and the Administration," said Norm Augustine, former chairman of Lockheed Martin and former Undersecretary of the Army. "This is true because disruptions in the supply of energy and environmental change are among the most likely causes of future military conflicts. DARPA was a huge success in creating high payoff returns on investments in military technologies. ARPA-E -- its energy equivalent -- can have a similar transformative impact on energy technology, but it must receive adequate funding."
Recommendation 5: Establish a New Energy Challenge Program for large-scale demonstration projects
America's energy innovation system lacks a mechanism to turn large-scale ideas or prototypes into commercial-scale facilities. AEIC recommends the creation of a program to fund, build, and accelerate the commercialization of advanced energy technologies.
This program should be structured as a joint venture between the federal government and the energy industry, and would operate as an independent corporation outside of the federal government. It would focus on the transition from pre-commercial, large-scale energy systems to integrated, full-size system tests. The program should be co-funded by the public and private sectors at an initial level of $20 billion over 10 years, with a single federal appropriation.
The Need for Complementary Policies
The AEIC plan also notes "the need for complementary energy policies to drive market adoption of new technologies. A vigorous demand signal will increase the intensity of research, add large private-sector commitments, reduce barriers between the lab and market, and ensure technologies perform better and cost less over time. The United States will not succeed in this field without policies to ensure there are vibrant markets for clean energy technologies. Those policies may include some combination of a price or a cap on CO2, a clean energy or renewable energy portfolio requirement, or technology performance standards. The effect of such policies should be to create a large, sustained market for new energy technology. Our nation cannot succeed without it."
The report states that increased investment for energy innovation is such a high national priority that it should be undertaken even in the midst of tight federal budgets. The group also notes that options for generating new revenue for energy innovation investment from the energy sector include reductions in subsidies for fossil fuels, license fees for offshore oil and natural gas production, creating an oil import fee, increasing the gas tax or putting a price on carbon emissions. The report does not specifically advocate any of these approaches.
"The U.S. is falling behind because we don't have the markets or the will - our policies are shortsighted and our markets aren't set up to reward energy innovation. We have the power to transform our energy future and address many of our economic, energy security and climate challenges with the right policy clarity and robust market demand. You have to do both to drive innovation and compete," said Jeff Immelt, CEO of GE.
"I am convinced that the right technologies and the right policies we can solve our energy and climate challenges," said Bill Gates. "But we need a much more serious commitment to do so."
AEIC Chair Chad Holliday said, "During my time at DuPont, when science linked CFC use and ozone depletion, we knew the world had to change the model. DuPont used this challenge to invent entire new businesses. The United States can do the same to meet our energy and climate challenges. But we must begin investing at a much larger scale now."
American Energy Innovation Council
SOURCE The American Energy Innovation Council
Back to top RELATED LINKShttp://www.americanenergyinnovation.org
end
__________________________
Published at Investorideas.com renewable energy stocks blog
Research green and renewable energy stocks at www.investorideas.com
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Wind Stocks News; A-Power Energy Generation Systems (NasdaqGS: APWR) up $1.66 (22.52%)
Wind Stocks News; A-Power Energy Generation Systems (NasdaqGS: APWR) up $1.66 (22.52%)
June 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 green stock trading for June 9th. A-Power Energy Generation Systems (NasdaqGS: APWR) is trading at $9.03, up $1.66 (22.52%) on
News .
A-Power Energy Generation Systems Ltd. Reports Unaudited Financial Results for First Quarter of 2010
Full news release :
http://www.investorideas.com/news/renewable-energy/6102.asp
The green stock sector is also getting additional momentum from the Government’s push towards clean energy in the wake of the BP oil spill.
Green and alternative energy investors can research wind stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages : http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com
And www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
June 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 green stock trading for June 9th. A-Power Energy Generation Systems (NasdaqGS: APWR) is trading at $9.03, up $1.66 (22.52%) on
News .
A-Power Energy Generation Systems Ltd. Reports Unaudited Financial Results for First Quarter of 2010
Full news release :
http://www.investorideas.com/news/renewable-energy/6102.asp
The green stock sector is also getting additional momentum from the Government’s push towards clean energy in the wake of the BP oil spill.
Green and alternative energy investors can research wind stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages : http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com
And www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Wednesday, June 02, 2010
Green Investors Take Note as Maxwell Technologies, Inc. (Nasdaq: MXWL) trades up over 14% on the Day
Green Investors Take Note as Maxwell Technologies, Inc. (Nasdaq: MXWL) trades up over 14% on the Day
Global Green and Renewable Energy Stocks Directory Update for June 2010; How to Research Green Stocks
June 2, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector updates the global green stocks directory for June 2010 , now featuring 1095 green publicly traded stocks. The directory is one of several research tools provided by Investor Ideas for independent investors to initiate their own research .
Investors are seeing green as Maxwell Technologies, Inc. (NASDAQ: MXWL) is one of the most advanced gainers on the NASDAQ today, trading at $ 13.44, up $1.67 or 14.19% on volume of 228,074 .
Maxwell (NASDAQ: MXWL) is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. http://www.maxwell.com/
Green and alternative energy investors can research stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Global Green and Renewable Energy Stocks Directory Update for June 2010; How to Research Green Stocks
June 2, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector updates the global green stocks directory for June 2010 , now featuring 1095 green publicly traded stocks. The directory is one of several research tools provided by Investor Ideas for independent investors to initiate their own research .
Investors are seeing green as Maxwell Technologies, Inc. (NASDAQ: MXWL) is one of the most advanced gainers on the NASDAQ today, trading at $ 13.44, up $1.67 or 14.19% on volume of 228,074 .
Maxwell (NASDAQ: MXWL) is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. http://www.maxwell.com/
Green and alternative energy investors can research stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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. Disclosure: Investorideas is compensated by featured green companies, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Sunday, May 30, 2010
Renewable Energy Investment Has Never Been More Critical
Renewable Energy Investment Has Never Been More Critical
“More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy”- President Barack Obama
May 31, 2010 (Investorideas.com renewable energy/green newswire) Investor Ideas global investor research portal covering leading sectors, focusing on environment and water, updates investors in the cleantech sector following recent remarks from President Barack Obama regarding the BP Oil Spill.
Remarks by the President on the Gulf Oil Spill May 27, 2010
Excerpt:
“Let me make one final point. More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy. Doing so will not only reduce threats to our environment, it will create a new, homegrown, American industry that can lead to countless new businesses and new jobs.
We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jumpstart a permanent transition to a clean energy economy, and there is currently a plan in the Senate –- a plan that was developed with ideas from Democrats and Republicans –- that would achieve the same goal.
If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China, who have already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.”
Source : http://www.whitehouse.gov/the-press-office/remarks-president-gulf-oil-spill
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links.
In January, Investorideas.com launched a campaign for “One Million Members Stronger’ with a goal to empower one million investors to invest in innovation and technology for a better world. - Investorideas.com Goal is to drive membership to include One Million Cleantech Investors in 2010, as a result of research on Investorideas.com including the stock directories, news and other research tools.
With institutional research not being available to investors, the stock directories were created for investors to begin due diligence into leading sectors. Investorideas.com researches the sector each month for investors, adding new green stocks as they enter the space in Green IPO’s or reverses mergers.
Investor Ideas Members currently get login access to 11 stock directories including all of the cleantech stock directories. Other sectors included- biotech, defense, nanotech, energy and mining. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/
Current list of cleantech stock directories available to members or individually :
Renewable Energy Stocks Directory –
Use our Green Stocks and Renewable Energy Stocks directory to Research Renewable Energy Stocks and Alternative Energy Stocks, Solar Stocks, Wind Stocks, Biofuels, Green Stocks, Green Funds and more. Our Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Our green stocks directory has over 1000 stocks and is growing each month! - Even the industry experts use our directory!
Water Stocks Directory – (http://investorideas.com/Water-Stocks/Stock_List.asp ) Global Water Stocks Directory of publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description. For investors following water stocks this is one of the most comprehensive directories in the sector available.
Environment/ Lohas Stocks Directory – also includes a new LOHAS investor section (http://www.investorideas.com/Enviro_Stocks/Stock_List.asp )
Global Green Stocks Directory of Publicly traded Environmental Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description.
Fuel Cell Stocks Directory – (http://www.investorideas.com/FCCN/Stock_List.asp ) Global Directory of Publicly traded Fuel Cell Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. For green investors looking for opportunities in the fuel cell sector, the comprehensive global directory in PDF format provides a great research tool with hyperlinks to stocks symbol(s), company's URL and company's description.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com,
www.FuelCellCarNews.com, www.EnvironmentStocks.com and www.Water-Stocks.com all within the Investorideas.com hub.
Visit and Join the Investorideas.com cleantech social network- share and exchange green and cleantech investing ideas: http://investorideas.socialgo.com/
About InvestorIdeas.com:
More about us: http://www.investorideas.com/About/
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Cali cvanzant@investorideas.com
Source – Investorideas.com
“More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy”- President Barack Obama
May 31, 2010 (Investorideas.com renewable energy/green newswire) Investor Ideas global investor research portal covering leading sectors, focusing on environment and water, updates investors in the cleantech sector following recent remarks from President Barack Obama regarding the BP Oil Spill.
Remarks by the President on the Gulf Oil Spill May 27, 2010
Excerpt:
“Let me make one final point. More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy. Doing so will not only reduce threats to our environment, it will create a new, homegrown, American industry that can lead to countless new businesses and new jobs.
We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jumpstart a permanent transition to a clean energy economy, and there is currently a plan in the Senate –- a plan that was developed with ideas from Democrats and Republicans –- that would achieve the same goal.
If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China, who have already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.”
Source : http://www.whitehouse.gov/the-press-office/remarks-president-gulf-oil-spill
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links.
In January, Investorideas.com launched a campaign for “One Million Members Stronger’ with a goal to empower one million investors to invest in innovation and technology for a better world. - Investorideas.com Goal is to drive membership to include One Million Cleantech Investors in 2010, as a result of research on Investorideas.com including the stock directories, news and other research tools.
With institutional research not being available to investors, the stock directories were created for investors to begin due diligence into leading sectors. Investorideas.com researches the sector each month for investors, adding new green stocks as they enter the space in Green IPO’s or reverses mergers.
Investor Ideas Members currently get login access to 11 stock directories including all of the cleantech stock directories. Other sectors included- biotech, defense, nanotech, energy and mining. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/
Current list of cleantech stock directories available to members or individually :
Renewable Energy Stocks Directory –
Use our Green Stocks and Renewable Energy Stocks directory to Research Renewable Energy Stocks and Alternative Energy Stocks, Solar Stocks, Wind Stocks, Biofuels, Green Stocks, Green Funds and more. Our Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Our green stocks directory has over 1000 stocks and is growing each month! - Even the industry experts use our directory!
Water Stocks Directory – (http://investorideas.com/Water-Stocks/Stock_List.asp ) Global Water Stocks Directory of publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description. For investors following water stocks this is one of the most comprehensive directories in the sector available.
Environment/ Lohas Stocks Directory – also includes a new LOHAS investor section (http://www.investorideas.com/Enviro_Stocks/Stock_List.asp )
Global Green Stocks Directory of Publicly traded Environmental Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description.
Fuel Cell Stocks Directory – (http://www.investorideas.com/FCCN/Stock_List.asp ) Global Directory of Publicly traded Fuel Cell Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. For green investors looking for opportunities in the fuel cell sector, the comprehensive global directory in PDF format provides a great research tool with hyperlinks to stocks symbol(s), company's URL and company's description.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com,
www.FuelCellCarNews.com, www.EnvironmentStocks.com and www.Water-Stocks.com all within the Investorideas.com hub.
Visit and Join the Investorideas.com cleantech social network- share and exchange green and cleantech investing ideas: http://investorideas.socialgo.com/
About InvestorIdeas.com:
More about us: http://www.investorideas.com/About/
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Cali cvanzant@investorideas.com
Source – Investorideas.com
Thursday, May 20, 2010
Inch Cape Offshore Wind Farm - Development Update
Inch Cape Offshore Wind Farm - Development Update
20 May 2010
The Crown Estate and SeaEnergy PLC are pleased to confirm developments concerning SeaEnergy Renewables Limited's (SERL) interest in the Inch Cape Offshore Wind Farm (Inch Cape).
In February 2009, The Crown Estate awarded the Inch Cape site to a consortium comprised of SERL, SeaEnergy's 80% owned subsidiary, and RWE npower renewables as a part of the Scottish Territorial Waters leasing round conducted by The Crown Estate in association with the Scottish Government. In connection with the site award, the consortium entered into an Exclusivity Agreement with The Crown Estate providing the exclusive right for the consortium to negotiate an agreement for lease (AFL) for a term of 50 years. The Exclusivity Agreement also provided the right to undertake further studies into the feasibility of the 905MW offshore wind farm, 15.5 kilometres east of the Angus coastline. Entry into the AFL is scheduled to follow the completion of a Strategic Environmental Assessment by the Scottish Government which is expected later this year.
RWE npower renewables has notified SERL and The Crown Estate of its desire to exit the Inch Cape project. This is due to the considerable size of its other onshore and offshore renewable generation commitments.
The Crown Estate views the Inch Cape project as being important to the delivery of the Scottish Territorial Waters leasing round and to the UK in maintaining the delivery of the Offshore Wind Energy Programme.
To demonstrate their joint commitment to the project The Crown Estate and SERL have entered into discussions with the aim of ensuring that the site's development schedule and activities can progress as expeditiously as possible. These discussions are intended to lead to the establishment of a Memorandum of Understanding between The Crown Estate and SERL that will provide terms for the delivery of Inch Cape and may increase SERL's interest in the project.
SERL CEO Joel Staadecker said: "Inch Cape is an important site for Scotland, which expects to benefit from the construction and operation of offshore wind farms off the coast of central Scotland. We are delighted that The Crown Estate shares our commitment to the project and look forward to successful discussions to agree terms for its delivery. We are also very pleased at the prospect of potentially increasing our equity stake in what is a great project."
It is envisaged that a further announcement will be made when the negotiations have concluded.
www.seaenergy-plc.com
NOTES TO EDITORS
SeaEnergy PLC
SeaEnergy PLC is the only listed pure play offshore wind energy company in the UK. SeaEnergy Renewables Limited (SERL) is a subsidiary of the Company and is made up of the team which conceived, developed and delivered the world's first deep water wind farm development - the Beatrice Demonstrator offshore wind farm (10MW) (the "Beatrice Demonstrator Project") which is owned and operated by Talisman Energy. The Beatrice Demonstrator Project involved the installation of the two largest wind turbines (5MW each) ever deployed offshore, at water depths of 45 metres. This, combined with the SERL team's expertise in delivering deep water offshore developments in the oil and gas industry, puts SeaEnergy in an unrivalled position at the vanguard of the emerging offshore renewables industry.
Prior to the UK Round 3 award SeaEnergy had secured a 25% interest in two Scottish offshore farms, Beatrice and Inch Cape. The recent award of UK Round 3 of Zone 1 with partners EDPR takes SeaEnergy's net capacity in the UK to over 780MW, SeaEnergy has also signed a Heads of Terms Agreement to develop offshore wind farms in Taiwan with Taiwan Generations Corporation.
The Crown Estate
On behalf of the nation, The Crown Estate manages a highly diverse £6 billion property portfolio across the UK. Our objectives, which are laid down by Parliament under The Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.
Every year we pay all of our surplus revenue to the UK Treasury for the benefit of all UK taxpayers: in 2008/09 this was £226.5 million. £15.5 million of this came from Scotland.
Our core values of commercialism, integrity and stewardship, guide and inform all our business activities.
The Crown Estate is committed to working in partnership with the Scottish Government and members of the Scottish Parliament, local authorities and a wide range of other stakeholders to safeguard the long term interests of the environment and the communities with which we work.
In Scotland, The Crown Estate includes:
- The marine estate consists of over half the foreshore and the seabed out to the 12 nautical mile territorial limit. The Crown Estate has the right to explore and utilise the resources of the UK continental shelf (excluding oil, gas and coal), including the right to license renewable energy in the form of offshore wind, wave and tidal power. We are working with our partners to ensure that Scotland is well placed to take advantage of the benefits that renewables will bring through employment and by reducing carbon emissions.
- The rural estate in Scotland comprises 43,000 hectares and includes the Glenlivet, Fochabers, Applegirth, Stirling and Whitehill estates. It includes 185 agricultural tenancies and 102 residential properties.
- The urban estate includes retail property in Edinburgh.
In 1999 The Crown Estate established its programme of Marine Stewardship to provide funding to support practical projects, relevant research, and other initiatives that improve the status and management of the marine estate.
The Crown Estate in Scotland is managed from its Edinburgh Office at 6 Bells Brae, Edinburgh, EH4 3BJ.
www.thecrownestate.co.uk/scotland
_____________________________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
20 May 2010
The Crown Estate and SeaEnergy PLC are pleased to confirm developments concerning SeaEnergy Renewables Limited's (SERL) interest in the Inch Cape Offshore Wind Farm (Inch Cape).
In February 2009, The Crown Estate awarded the Inch Cape site to a consortium comprised of SERL, SeaEnergy's 80% owned subsidiary, and RWE npower renewables as a part of the Scottish Territorial Waters leasing round conducted by The Crown Estate in association with the Scottish Government. In connection with the site award, the consortium entered into an Exclusivity Agreement with The Crown Estate providing the exclusive right for the consortium to negotiate an agreement for lease (AFL) for a term of 50 years. The Exclusivity Agreement also provided the right to undertake further studies into the feasibility of the 905MW offshore wind farm, 15.5 kilometres east of the Angus coastline. Entry into the AFL is scheduled to follow the completion of a Strategic Environmental Assessment by the Scottish Government which is expected later this year.
RWE npower renewables has notified SERL and The Crown Estate of its desire to exit the Inch Cape project. This is due to the considerable size of its other onshore and offshore renewable generation commitments.
The Crown Estate views the Inch Cape project as being important to the delivery of the Scottish Territorial Waters leasing round and to the UK in maintaining the delivery of the Offshore Wind Energy Programme.
To demonstrate their joint commitment to the project The Crown Estate and SERL have entered into discussions with the aim of ensuring that the site's development schedule and activities can progress as expeditiously as possible. These discussions are intended to lead to the establishment of a Memorandum of Understanding between The Crown Estate and SERL that will provide terms for the delivery of Inch Cape and may increase SERL's interest in the project.
SERL CEO Joel Staadecker said: "Inch Cape is an important site for Scotland, which expects to benefit from the construction and operation of offshore wind farms off the coast of central Scotland. We are delighted that The Crown Estate shares our commitment to the project and look forward to successful discussions to agree terms for its delivery. We are also very pleased at the prospect of potentially increasing our equity stake in what is a great project."
It is envisaged that a further announcement will be made when the negotiations have concluded.
www.seaenergy-plc.com
NOTES TO EDITORS
SeaEnergy PLC
SeaEnergy PLC is the only listed pure play offshore wind energy company in the UK. SeaEnergy Renewables Limited (SERL) is a subsidiary of the Company and is made up of the team which conceived, developed and delivered the world's first deep water wind farm development - the Beatrice Demonstrator offshore wind farm (10MW) (the "Beatrice Demonstrator Project") which is owned and operated by Talisman Energy. The Beatrice Demonstrator Project involved the installation of the two largest wind turbines (5MW each) ever deployed offshore, at water depths of 45 metres. This, combined with the SERL team's expertise in delivering deep water offshore developments in the oil and gas industry, puts SeaEnergy in an unrivalled position at the vanguard of the emerging offshore renewables industry.
Prior to the UK Round 3 award SeaEnergy had secured a 25% interest in two Scottish offshore farms, Beatrice and Inch Cape. The recent award of UK Round 3 of Zone 1 with partners EDPR takes SeaEnergy's net capacity in the UK to over 780MW, SeaEnergy has also signed a Heads of Terms Agreement to develop offshore wind farms in Taiwan with Taiwan Generations Corporation.
The Crown Estate
On behalf of the nation, The Crown Estate manages a highly diverse £6 billion property portfolio across the UK. Our objectives, which are laid down by Parliament under The Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.
Every year we pay all of our surplus revenue to the UK Treasury for the benefit of all UK taxpayers: in 2008/09 this was £226.5 million. £15.5 million of this came from Scotland.
Our core values of commercialism, integrity and stewardship, guide and inform all our business activities.
The Crown Estate is committed to working in partnership with the Scottish Government and members of the Scottish Parliament, local authorities and a wide range of other stakeholders to safeguard the long term interests of the environment and the communities with which we work.
In Scotland, The Crown Estate includes:
- The marine estate consists of over half the foreshore and the seabed out to the 12 nautical mile territorial limit. The Crown Estate has the right to explore and utilise the resources of the UK continental shelf (excluding oil, gas and coal), including the right to license renewable energy in the form of offshore wind, wave and tidal power. We are working with our partners to ensure that Scotland is well placed to take advantage of the benefits that renewables will bring through employment and by reducing carbon emissions.
- The rural estate in Scotland comprises 43,000 hectares and includes the Glenlivet, Fochabers, Applegirth, Stirling and Whitehill estates. It includes 185 agricultural tenancies and 102 residential properties.
- The urban estate includes retail property in Edinburgh.
In 1999 The Crown Estate established its programme of Marine Stewardship to provide funding to support practical projects, relevant research, and other initiatives that improve the status and management of the marine estate.
The Crown Estate in Scotland is managed from its Edinburgh Office at 6 Bells Brae, Edinburgh, EH4 3BJ.
www.thecrownestate.co.uk/scotland
_____________________________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Investor Ideas members can login to access all 4 cleantech stock directories.
http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Monday, May 10, 2010
Raser Technologies (NYSE: RZ) Announces First Quarter Update and Financial Results
Raser Technologies Announces First Quarter Update and Financial Results
PROVO, Utah-Raser Technologies, Inc. (NYSE: RZ), an energy technology company, today announced financial results for the first quarter 2010, the period ended March 31, 2010.
“We had some significant accomplishments during the first quarter”
.Recent Highlights:
•Announced that it completed installation of the bottom cycle project at its Thermo No. 1 plant in southern Utah ahead of schedule. Raser anticipates utilizing the bottom cycle process within the next few days; the bottom cycle process re-directs a portion of the geothermal water coming out of the top cycle units and runs it through PureCycle units currently sitting idle allowing additional energy to be utilized from the geothermal water and converted to electricity.
•Raser has also replaced 18 out of 50 recirculation pumps on the 50 PureCycle units with more efficient pumps, with full replacement of all pumps expected by the end of May 2010. Utilizing the bottom cycle process and the replacement of the 50 recirculation pumps with more efficient pumps should enhance the overall output at the Thermo No. 1 plant to a range of 7-8.5 MW; $30 million of the grant proceeds the Thermo No. 1 plant received from the U.S. Treasury currently are in an escrow account, which will be used to fund obligations under the amended financing arrangements for the Thermo No. 1 plant. Final test scheduled to be completed by June 30, 2010.
•Engaged a placement agent to monetize the remaining tax benefits from the Thermo No. 1 project with a new tax equity partner, replacing Merrill Lynch who was redeemed out of the project in December of 2009. The tax benefits result primarily from accelerated depreciation Raser is not in a position to fully utilize in the near term. These proceeds would be in addition to the $33 million the project received early this year as part of the U.S. Treasury grant program for the benefit of Raser.
•Released a video update on its relationship with Hyundai Heavy Industries, a global leader in grid-electrical equipment and renewable energy generation equipment. The two companies recently completed meetings to further discussions for greater cooperation in the production of clean, renewable energy and manufacturing of plug-in electric vehicles.
•Selected Barbour Well, Inc., of Henderson, Nevada to begin drilling in May 2010 on the Lightning Dock, New Mexico project; a drilling rig has been mobilized. The Lightning Dock resource, located in southwest New Mexico, is one of the most studied, undeveloped resources in the country. It is a shallow resource, with primary production expected from depths of less than 3,000 feet and at temperatures between 285 and 310 degrees Fahrenheit. Phase 1 is for 15MW’s and Raser has entered into a power purchase agreement with the Salt River Project.
•Raised approximately $1.7 million gross proceeds through a Controlled Equity Offeringsm, or “at-the-market,” program announced on April 8, 2010. Raser later terminated the offering on May 10, 2010.
•Announced that it will hold the 2010 annual meeting of stockholders on June 9, 2010 for stockholders of record as of April 19, 2010. The meeting will be held at 2:30 p.m. at the Provo Marriott Hotel and Conference Center, 101 West 100 North, Provo, Utah.
First Quarter of 2010 Highlights
•Selected as sole-source contractor under $1 million U.S. grant for geothermal study by Indonesia Power; awarded by U.S. Trade and Development Agency; study will assess the technical, economic, and financial feasibility of the geothermal resource, including the potential impact and opportunity the project will have for Raser and other U.S. suppliers in the Indonesian market. The feasibility study began in April 2010 and covers a 100,000 acre concession, jointly owned by Raser and Indonesia Power.
•Raser Chairman Kraig Higginson testified before the United States Senate Appropriations Subcommittee on Energy and Water Development, as part of testimony from industry leaders and the Department of Energy regarding the opportunities and challenges presented in increasing the number of electric vehicles in the light duty automotive sector.
•Named Nicholas (Nick) Goodman Chief Executive Officer. Mr. Goodman has 15 years of extensive experience growing companies through project development and acquisition. He most recently served as Chief Executive Officer of TDX Power, an electric utility holding company and power generation project developer. Under his leadership, TDX Power grew from $3 million to over $60 million in annual recurring revenues.
•John T. Perry was named Chief Financial Officer of Raser, effective March 22, 2010. Mr. Perry has more than 20 years of experience in the mining and metals industry.
•Received $33 million renewable energy grant funded by the U.S. Treasury for Raser’s Thermo No. 1 geothermal power plant. The grant was provided by the U.S. Treasury Department under the Section 1603 renewable energy grant program created by the American Recovery and Reinvestment Act of 2009. Section 1603 grants cover approximately 30% of the total cost of the project and are available for projects started in 2010 and placed in service by 2014, for Raser this potentially includes Lightning Dock & Thermo 2 projects.
•Reached an agreement with project financing partners to extend the final performance and completion test of the Thermo No. 1 project to June 30, 2010. Output of the plant continues to increase as certain modifications are made. Raser recently recompleted four wells to reduce the inflow of water from the coolest formations and increase the average temperature of water entering the plant. Raser has also made changes to the plant generators to improve efficiency as well as other modifications to increase the overall output of the plant.
•Sold $5 million of convertible preferred stock and issued warrants to acquire an additional $14 million in preferred stock to Fletcher International, Ltd., an affiliate of Fletcher Asset Management, Inc., in a transaction that closed on February 3, 2010. The financing is part of a broader strategic relationship between Raser and Fletcher.
“We had some significant accomplishments during the first quarter,” said Nick Goodman, Raser CEO. “Once the final performance test of Thermo No. 1 is complete, we expect the project to be cash flow positive. That is a good position to be in as we move on to our next geothermal project in New Mexico.”
Financial Results
During the three months ended March 31, 2010, Raser reported revenue of approximately $1.0 million compared to $0 in the three months ended March 31, 2009. During the second quarter of 2009, Raser began selling electricity generated from its Thermo No. 1 plant to the City of Anaheim, California. During the first quarter of 2010, Raser generated approximately 11,543 MW hours of electricity, which was sold at a price of $79.56 per MW.
Cost of sales for the first quarter of 2010 were $2.0 million compared to $0 in the three months ended March 31, 2009. Gross margin was approximately $(1.0) million for the first quarter compared to gross margin of $0 during the same period in 2009.
Total operating expenses decreased to $4.0 million for the first quarter of 2010 compared to $5.3 million for the first quarter of 2009. Included in the operating expenses were:
•General and administrative expenses were approximately $2.5 million during the first quarter of 2010 as compared to approximately $2.5 million for the first quarter of 2009. Equity-based non-cash employee and service provider compensation expense was approximately $0.4 million in the first quarter of 2010 compared to $0.6 million during the same period in 2009. Other employment related costs during the first quarter of 2010 increased by $0.2 million over first quarter of 2009 primarily reflecting executive search fees that were not incurred during the prior year.
•Power project development expenses during the first quarter of 2010 totaled $1.3 million as compared to $2.1 million for the first quarter of 2009. During the first quarter of 2010, professional services decreased by approximately $0.4 million and employment related costs also decreased approximately $0.4 million due primarily to a difference in the classification of employment and direct consulting costs from power project development costs to cost of revenues beginning in the second quarter of 2009. The change in classification resulted from the Thermo No. 1 plant beginning operations in the second quarter of 2009. Equity based non-cash employee compensation associated with power project development employees and other operating costs for the three months ended March 31, 2010 remained relatively flat as compared to the first quarter of 2009.
•Research and Development expense decreased from $658,000 in the three months ended March 31, 2009 to $257,000 for the three months ended March 31, 2010. Equity based non-cash employee compensation associated with research and development employees decreased by $0.2 million during the three months ended March 31, 2010 compared to the same period in 2009. This was due primarily to decreased headcount as a result of our decision to reduce the cash requirements associated with the research and development activities at our design center. Because we reduced employment levels at the design center, cash based employee compensation associated with research and development employees decreased $0.3 million during the three months ended March 31, 2010 from the first quarter of 2009. This decrease was partially offset by increased professional services of approximately $0.1 million during the three months ended March 31, 2010 compared to the same period in 2009 due primarily to additional consulting work relating to enhancements of our PHEV Hummer demonstration vehicle. The portion of engineering expenses relating to testing of materials remained relatively flat during the three months ended March 31, 2010 over the comparable 2009 period.
•Non-controlling interest decreased by $1.0 million during the three months ended March 31, 2010 compared to the three months ended March 31, 2009. The decrease resulted from the withdrawal of Merrill Lynch as Class A Member from the Thermo Subsidiary and the redemption of its interest in the Thermo Subsidiary in connection with amendments to the Thermo No. 1 financing arrangements in December 2009. As a result, we own 100% of the Thermo Subsidiary thereby eliminating the non-controlling interest.
•During the first quarter of 2010, we sold 5,000 shares of our Series A-1 Cumulative Convertible Preferred Stock (the “Preferred Stock”) and paid a dividend to the holder of the Preferred Stock in shares of our common stock on March 31, 2010 totaling $0.1 million. We also recorded a deemed dividend relating to the accretion of the discount of the Preferred Stock totaling $1.1 million. No Preferred Stock dividends or deemed dividends were recorded for the three months ended March 31, 2009.
•In aggregate, non-cash, equity-based expenses and equity-based compensation totaled $0.6 million during the first quarter of 2010, a decrease of $0.6 million from $1.2 million in the first quarter of 2009.
Raser’s net loss applicable to common stockholders for the three months ended March 31, 2010 was $8.8 million, or $(0.11) per basic and diluted share (based on 79.6 million weighted-average shares outstanding) compared to a net loss of $6.7 million, or $(0.10) per basic and diluted share (based on 64.3 million weighted-average shares outstanding) for the three months ended March 31, 2009.
Conference Call with Investors
Management will host a conference call at 5 p.m. Eastern Time on Monday, May 10, 2010 to discuss Raser’s results with the investment community. Anyone interested in participating should call 877-407-0784, if calling within the United States, or 201-689-8560, if calling internationally. A replay will be available until May 17, 2010, which can be accessed by dialing 877-660-6853 if calling within the United States or 201-612-7415 if calling internationally. Please enter account #3055 and conference ID #350372 to access the replay. The call will also be accompanied by a live webcast over the Internet and will be accessible at http://www.talkpoint.com/viewer/starthere.asp?Pres=130899.
About Raser Technologies
Raser (NYSE: RZ) is an environmental energy technology company focused on geothermal power development and technology licensing. Raser’s Power Systems segment develops clean, renewable geothermal electric power plants with one operating plant in southern Utah and eight active and early stage projects in four western states: Utah, New Mexico, Nevada and Oregon, as well as a concession for 100,000 acres in Indonesia. Raser’s Transportation and Industrial segment focuses on extended-range plug-in-hybrid vehicle solutions using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, our beliefs about preliminary drilling results; our beliefs about the potential for power generation on our leased properties; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the expected timing relating to the completion of our geothermal power projects; our beliefs about our ability to obtain adequate development funding; our beliefs about our ability to utilize available technologies to produce electric power from the available resources; our beliefs about the geothermal market in general; our beliefs about the performance and market applicability of our products; our beliefs about the strength and enforceability of our agreements, our beliefs about the performance capabilities of our technology; our beliefs about the capabilities, expertise and intentions of our partners; our ability to hire, train and retain key personnel. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology for geothermal applications; our ability to secure necessary permits; the strength of our intellectual property; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended March 31, 2010, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
_____________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Investor Ideas members can login to access all 4 cleantech stock directories.http://www.investorideas.com/membership/.
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
PROVO, Utah-Raser Technologies, Inc. (NYSE: RZ), an energy technology company, today announced financial results for the first quarter 2010, the period ended March 31, 2010.
“We had some significant accomplishments during the first quarter”
.Recent Highlights:
•Announced that it completed installation of the bottom cycle project at its Thermo No. 1 plant in southern Utah ahead of schedule. Raser anticipates utilizing the bottom cycle process within the next few days; the bottom cycle process re-directs a portion of the geothermal water coming out of the top cycle units and runs it through PureCycle units currently sitting idle allowing additional energy to be utilized from the geothermal water and converted to electricity.
•Raser has also replaced 18 out of 50 recirculation pumps on the 50 PureCycle units with more efficient pumps, with full replacement of all pumps expected by the end of May 2010. Utilizing the bottom cycle process and the replacement of the 50 recirculation pumps with more efficient pumps should enhance the overall output at the Thermo No. 1 plant to a range of 7-8.5 MW; $30 million of the grant proceeds the Thermo No. 1 plant received from the U.S. Treasury currently are in an escrow account, which will be used to fund obligations under the amended financing arrangements for the Thermo No. 1 plant. Final test scheduled to be completed by June 30, 2010.
•Engaged a placement agent to monetize the remaining tax benefits from the Thermo No. 1 project with a new tax equity partner, replacing Merrill Lynch who was redeemed out of the project in December of 2009. The tax benefits result primarily from accelerated depreciation Raser is not in a position to fully utilize in the near term. These proceeds would be in addition to the $33 million the project received early this year as part of the U.S. Treasury grant program for the benefit of Raser.
•Released a video update on its relationship with Hyundai Heavy Industries, a global leader in grid-electrical equipment and renewable energy generation equipment. The two companies recently completed meetings to further discussions for greater cooperation in the production of clean, renewable energy and manufacturing of plug-in electric vehicles.
•Selected Barbour Well, Inc., of Henderson, Nevada to begin drilling in May 2010 on the Lightning Dock, New Mexico project; a drilling rig has been mobilized. The Lightning Dock resource, located in southwest New Mexico, is one of the most studied, undeveloped resources in the country. It is a shallow resource, with primary production expected from depths of less than 3,000 feet and at temperatures between 285 and 310 degrees Fahrenheit. Phase 1 is for 15MW’s and Raser has entered into a power purchase agreement with the Salt River Project.
•Raised approximately $1.7 million gross proceeds through a Controlled Equity Offeringsm, or “at-the-market,” program announced on April 8, 2010. Raser later terminated the offering on May 10, 2010.
•Announced that it will hold the 2010 annual meeting of stockholders on June 9, 2010 for stockholders of record as of April 19, 2010. The meeting will be held at 2:30 p.m. at the Provo Marriott Hotel and Conference Center, 101 West 100 North, Provo, Utah.
First Quarter of 2010 Highlights
•Selected as sole-source contractor under $1 million U.S. grant for geothermal study by Indonesia Power; awarded by U.S. Trade and Development Agency; study will assess the technical, economic, and financial feasibility of the geothermal resource, including the potential impact and opportunity the project will have for Raser and other U.S. suppliers in the Indonesian market. The feasibility study began in April 2010 and covers a 100,000 acre concession, jointly owned by Raser and Indonesia Power.
•Raser Chairman Kraig Higginson testified before the United States Senate Appropriations Subcommittee on Energy and Water Development, as part of testimony from industry leaders and the Department of Energy regarding the opportunities and challenges presented in increasing the number of electric vehicles in the light duty automotive sector.
•Named Nicholas (Nick) Goodman Chief Executive Officer. Mr. Goodman has 15 years of extensive experience growing companies through project development and acquisition. He most recently served as Chief Executive Officer of TDX Power, an electric utility holding company and power generation project developer. Under his leadership, TDX Power grew from $3 million to over $60 million in annual recurring revenues.
•John T. Perry was named Chief Financial Officer of Raser, effective March 22, 2010. Mr. Perry has more than 20 years of experience in the mining and metals industry.
•Received $33 million renewable energy grant funded by the U.S. Treasury for Raser’s Thermo No. 1 geothermal power plant. The grant was provided by the U.S. Treasury Department under the Section 1603 renewable energy grant program created by the American Recovery and Reinvestment Act of 2009. Section 1603 grants cover approximately 30% of the total cost of the project and are available for projects started in 2010 and placed in service by 2014, for Raser this potentially includes Lightning Dock & Thermo 2 projects.
•Reached an agreement with project financing partners to extend the final performance and completion test of the Thermo No. 1 project to June 30, 2010. Output of the plant continues to increase as certain modifications are made. Raser recently recompleted four wells to reduce the inflow of water from the coolest formations and increase the average temperature of water entering the plant. Raser has also made changes to the plant generators to improve efficiency as well as other modifications to increase the overall output of the plant.
•Sold $5 million of convertible preferred stock and issued warrants to acquire an additional $14 million in preferred stock to Fletcher International, Ltd., an affiliate of Fletcher Asset Management, Inc., in a transaction that closed on February 3, 2010. The financing is part of a broader strategic relationship between Raser and Fletcher.
“We had some significant accomplishments during the first quarter,” said Nick Goodman, Raser CEO. “Once the final performance test of Thermo No. 1 is complete, we expect the project to be cash flow positive. That is a good position to be in as we move on to our next geothermal project in New Mexico.”
Financial Results
During the three months ended March 31, 2010, Raser reported revenue of approximately $1.0 million compared to $0 in the three months ended March 31, 2009. During the second quarter of 2009, Raser began selling electricity generated from its Thermo No. 1 plant to the City of Anaheim, California. During the first quarter of 2010, Raser generated approximately 11,543 MW hours of electricity, which was sold at a price of $79.56 per MW.
Cost of sales for the first quarter of 2010 were $2.0 million compared to $0 in the three months ended March 31, 2009. Gross margin was approximately $(1.0) million for the first quarter compared to gross margin of $0 during the same period in 2009.
Total operating expenses decreased to $4.0 million for the first quarter of 2010 compared to $5.3 million for the first quarter of 2009. Included in the operating expenses were:
•General and administrative expenses were approximately $2.5 million during the first quarter of 2010 as compared to approximately $2.5 million for the first quarter of 2009. Equity-based non-cash employee and service provider compensation expense was approximately $0.4 million in the first quarter of 2010 compared to $0.6 million during the same period in 2009. Other employment related costs during the first quarter of 2010 increased by $0.2 million over first quarter of 2009 primarily reflecting executive search fees that were not incurred during the prior year.
•Power project development expenses during the first quarter of 2010 totaled $1.3 million as compared to $2.1 million for the first quarter of 2009. During the first quarter of 2010, professional services decreased by approximately $0.4 million and employment related costs also decreased approximately $0.4 million due primarily to a difference in the classification of employment and direct consulting costs from power project development costs to cost of revenues beginning in the second quarter of 2009. The change in classification resulted from the Thermo No. 1 plant beginning operations in the second quarter of 2009. Equity based non-cash employee compensation associated with power project development employees and other operating costs for the three months ended March 31, 2010 remained relatively flat as compared to the first quarter of 2009.
•Research and Development expense decreased from $658,000 in the three months ended March 31, 2009 to $257,000 for the three months ended March 31, 2010. Equity based non-cash employee compensation associated with research and development employees decreased by $0.2 million during the three months ended March 31, 2010 compared to the same period in 2009. This was due primarily to decreased headcount as a result of our decision to reduce the cash requirements associated with the research and development activities at our design center. Because we reduced employment levels at the design center, cash based employee compensation associated with research and development employees decreased $0.3 million during the three months ended March 31, 2010 from the first quarter of 2009. This decrease was partially offset by increased professional services of approximately $0.1 million during the three months ended March 31, 2010 compared to the same period in 2009 due primarily to additional consulting work relating to enhancements of our PHEV Hummer demonstration vehicle. The portion of engineering expenses relating to testing of materials remained relatively flat during the three months ended March 31, 2010 over the comparable 2009 period.
•Non-controlling interest decreased by $1.0 million during the three months ended March 31, 2010 compared to the three months ended March 31, 2009. The decrease resulted from the withdrawal of Merrill Lynch as Class A Member from the Thermo Subsidiary and the redemption of its interest in the Thermo Subsidiary in connection with amendments to the Thermo No. 1 financing arrangements in December 2009. As a result, we own 100% of the Thermo Subsidiary thereby eliminating the non-controlling interest.
•During the first quarter of 2010, we sold 5,000 shares of our Series A-1 Cumulative Convertible Preferred Stock (the “Preferred Stock”) and paid a dividend to the holder of the Preferred Stock in shares of our common stock on March 31, 2010 totaling $0.1 million. We also recorded a deemed dividend relating to the accretion of the discount of the Preferred Stock totaling $1.1 million. No Preferred Stock dividends or deemed dividends were recorded for the three months ended March 31, 2009.
•In aggregate, non-cash, equity-based expenses and equity-based compensation totaled $0.6 million during the first quarter of 2010, a decrease of $0.6 million from $1.2 million in the first quarter of 2009.
Raser’s net loss applicable to common stockholders for the three months ended March 31, 2010 was $8.8 million, or $(0.11) per basic and diluted share (based on 79.6 million weighted-average shares outstanding) compared to a net loss of $6.7 million, or $(0.10) per basic and diluted share (based on 64.3 million weighted-average shares outstanding) for the three months ended March 31, 2009.
Conference Call with Investors
Management will host a conference call at 5 p.m. Eastern Time on Monday, May 10, 2010 to discuss Raser’s results with the investment community. Anyone interested in participating should call 877-407-0784, if calling within the United States, or 201-689-8560, if calling internationally. A replay will be available until May 17, 2010, which can be accessed by dialing 877-660-6853 if calling within the United States or 201-612-7415 if calling internationally. Please enter account #3055 and conference ID #350372 to access the replay. The call will also be accompanied by a live webcast over the Internet and will be accessible at http://www.talkpoint.com/viewer/starthere.asp?Pres=130899.
About Raser Technologies
Raser (NYSE: RZ) is an environmental energy technology company focused on geothermal power development and technology licensing. Raser’s Power Systems segment develops clean, renewable geothermal electric power plants with one operating plant in southern Utah and eight active and early stage projects in four western states: Utah, New Mexico, Nevada and Oregon, as well as a concession for 100,000 acres in Indonesia. Raser’s Transportation and Industrial segment focuses on extended-range plug-in-hybrid vehicle solutions using Raser’s award-winning Symetron™ technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, our beliefs about preliminary drilling results; our beliefs about the potential for power generation on our leased properties; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the expected timing relating to the completion of our geothermal power projects; our beliefs about our ability to obtain adequate development funding; our beliefs about our ability to utilize available technologies to produce electric power from the available resources; our beliefs about the geothermal market in general; our beliefs about the performance and market applicability of our products; our beliefs about the strength and enforceability of our agreements, our beliefs about the performance capabilities of our technology; our beliefs about the capabilities, expertise and intentions of our partners; our ability to hire, train and retain key personnel. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology for geothermal applications; our ability to secure necessary permits; the strength of our intellectual property; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended March 31, 2010, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
_____________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
Investor Ideas members can login to access all 4 cleantech stock directories.http://www.investorideas.com/membership/.
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Publicly Traded Electric Vehicle and Natural Gas Companies Working on a Cleaner Port of Los Angeles
Publicly Traded Electric Vehicle and Natural Gas Companies Working on a Cleaner Port of Los Angeles
BYD Auto (BYD Company: HKG: 1211), Balqon Corporation (OTCBB: BLQN),
Westport Innovations Inc. (TSX: WPT/ NASDAQ:WPRT) Showcase Green Auto Technology
Point Roberts WA/ Los Angeles CA- May 10, 2010 - www.InvestorIdeas.com reports on publicly traded electric Vehicle ( EV) and natural gas companies that are participating in the greening of the Port of Los Angeles. Players including BYD Auto (BYD Company: HKG: 1211), Balqon Corporation (OTCBB: BLQN), Westport Innovations Inc. (TSX:WPT; NASDAQ:WPRT) and Vision Industries Corp. (OTCBB: VIIC) all have a stake in the future of the Port, but for the companies involved, it represents just a fraction of their vision for a global green automotive market.
On May 4th the Port of Los Angeles announced plans to become the world’s first port to offer a reduced tariff for zero-emission vehicles imported into the United States through the Port. The reduced-fee incentive proposal was announced Friday, April 30, as Chinese manufacturer BYD Auto Company Limited (BYD) said it will locate its North American headquarters in Los Angeles and use the Port of Los Angeles to import its vehicles.
BYD Auto is a Chinese automobile manufacturer based in Shenzhen, Guangdong Province, China, established in 2003 and is a wholly owned subsidiary of BYD Company, listed on the Hong Kong Exchange (BYD Company: HKG:1211).
Another publicly traded EV company at the Port is Balqon Corporation (OTCBB: BLQN), a company that produces heavy duty electric trucks, tractors and electric drive systems.
As of November, Balqon Corporation (OTCBB: BLQN) had delivered 12 Nautilus E20s to the City of Los Angeles and one Nautilus E20 to the AQMD. All of the Nautilus E20s were delivered during the third quarter of 2009 were equipped with lithium-ion battery packs.
The company anticipates that future sales of the heavy-duty electric vehicles will be made directly to end users, such as large terminal operators, shipping companies and OEMs, rather than directly to governmental agencies such as the AQMD and the City of Los Angeles.
Westport Innovations Inc. (TSX:WPT; NASDAQ:WPRT), a provider of natural gas engines, in its April 2010 investor presentation, updates LNG clean truck program deals with the Port of Los Angeles and the Port of Long Beach. “Despite economic turmoil, over 500 LNG trucks have been deployed to date, the infrastructure is in place and the feedback from the fleets is excellent. “
http://www.westport.com/pdf/2010-04-12_Westport_Securities_Presentation.pdf
According to the Port of Los Angeles, since its commencement on October 1, 2008, the Clean Truck Program (CTP) has delivered an estimated more than 70-percent reduction in the rate of truck emissions compared to 2007 average air emissions data.
On April 5th the Port of Los Angeles announced it awarded Vision Industries Corp. (OTCBB: VIIC), producers of the zero emission electric/hydrogen hybrid Tyrano™ truck, a purchase order for a zero emission Class 8 hybrid electric truck. The cost to purchase the zero emission truck will not exceed $280,000 including sales tax.
Electric vehicle companies and green auto companies that can demonstrate successful deployment are fighting for global market share. Investors are encouraged to perform due diligence in researching and investing in the sector.
Research renewable energy stocks and green automotive stocks with the global green stock directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Showcase Renewable Energy Stock- Balqon Corporation (OTCBB:BLQN) http://www.balqon.com/
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities.
Recent Media Coverage:
New Trucks Aim To Keep the Docks Humming In Los Angeles
04/06/2010
The Port of Los Angeles and Balqon Corp were showing off their first production XE20 electric, zero-emission yard tractors on Wednesday at an all-day Ride and Drive event at Berth 87. Balqon is getting ready to deliver 20 of the new heavy-duty trucks to a container terminal for a real-world debut.
The port ordered the lithium-ion battery-powered vehicles to be built almost a year ago, along with five XE30 trucks designed for short-haul, on-road drayage. The XE30s will be used to shuttle containers from the port to a near-dock rail yard about five miles north of the harbor.
Full article: http://www.cunninghamreport.com/news_item.php?id=1235
Investors can view the full company profile for Balqon Corporation at:
http://www.investorideas.com/CO/BLQN/
Request news and stock alerts from Balqon Corporation
http://www.investorideas.com/Resources/Newsletter.asp
Balqon Corporation (OTCBB: BLQN) is a featured showcase green stock on our green investor portals:
www.RenewableEnergyStocks.com, www.FuelCellCarNews.com
and www.EnvironmentStocks.com
"Antonio Villaraigosa, Mayor of Los Angeles, tests drives the Balqon Nautilus E30."
About the Port of Los Angeles
The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovative strategic and sustainable operations that benefit the economy as well as the quality of life for the region and the nation it serves. As the leading seaport in North America in terms of shipping container volume and cargo value, the Port generates 919,000 regional jobs and $39.1 billion in annual wages and tax revenues. A proprietary department of the City of Los Angeles, the Port is self-supporting and does not receive taxpayer dollars. The Port of Los Angeles – A cleaner port. A brighter future. For more information, please visit www.portoflosangeles.org.
About InvestorIdeas.com:
Investor Ideas is a global investor research portal specialized in sector investing. Investor Ideas was one of the first online investing and business resources providing in-depth research, news, investor tools and stock directories for renewable energy, homeland security and water.
About Our Green and Cleantech Investor Portals:
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com,
www.FuelCellCarNews.com, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
Disclaimer: / disclosure: The following company profile news for BLQN is a paid for submission. BLQN is a paid advertising showcase company. 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, company profile submissions and online advertising. Read more disclaimer and disclosure/ compensation disclosure at:
http://www.investorideas.com/About/Disclaimer.asp
http://www.investorideas.com/About/News/Clientspecifics.asp
Disclosure: Investorideas.com president, D Van Zant is long Westport Innovations .
For Additional Information:
Contact Balqon - http://www.balqon.com/
For investorideas.com contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Follow Investorideas.com On Twitter.com
http://twitter.com/Investorideas
___________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.Investor Ideas members can login to access all 4 cleantech stock directories.http://www.investorideas.com/membership/.Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
BYD Auto (BYD Company: HKG: 1211), Balqon Corporation (OTCBB: BLQN),
Westport Innovations Inc. (TSX: WPT/ NASDAQ:WPRT) Showcase Green Auto Technology
Point Roberts WA/ Los Angeles CA- May 10, 2010 - www.InvestorIdeas.com reports on publicly traded electric Vehicle ( EV) and natural gas companies that are participating in the greening of the Port of Los Angeles. Players including BYD Auto (BYD Company: HKG: 1211), Balqon Corporation (OTCBB: BLQN), Westport Innovations Inc. (TSX:WPT; NASDAQ:WPRT) and Vision Industries Corp. (OTCBB: VIIC) all have a stake in the future of the Port, but for the companies involved, it represents just a fraction of their vision for a global green automotive market.
On May 4th the Port of Los Angeles announced plans to become the world’s first port to offer a reduced tariff for zero-emission vehicles imported into the United States through the Port. The reduced-fee incentive proposal was announced Friday, April 30, as Chinese manufacturer BYD Auto Company Limited (BYD) said it will locate its North American headquarters in Los Angeles and use the Port of Los Angeles to import its vehicles.
BYD Auto is a Chinese automobile manufacturer based in Shenzhen, Guangdong Province, China, established in 2003 and is a wholly owned subsidiary of BYD Company, listed on the Hong Kong Exchange (BYD Company: HKG:1211).
Another publicly traded EV company at the Port is Balqon Corporation (OTCBB: BLQN), a company that produces heavy duty electric trucks, tractors and electric drive systems.
As of November, Balqon Corporation (OTCBB: BLQN) had delivered 12 Nautilus E20s to the City of Los Angeles and one Nautilus E20 to the AQMD. All of the Nautilus E20s were delivered during the third quarter of 2009 were equipped with lithium-ion battery packs.
The company anticipates that future sales of the heavy-duty electric vehicles will be made directly to end users, such as large terminal operators, shipping companies and OEMs, rather than directly to governmental agencies such as the AQMD and the City of Los Angeles.
Westport Innovations Inc. (TSX:WPT; NASDAQ:WPRT), a provider of natural gas engines, in its April 2010 investor presentation, updates LNG clean truck program deals with the Port of Los Angeles and the Port of Long Beach. “Despite economic turmoil, over 500 LNG trucks have been deployed to date, the infrastructure is in place and the feedback from the fleets is excellent. “
http://www.westport.com/pdf/2010-04-12_Westport_Securities_Presentation.pdf
According to the Port of Los Angeles, since its commencement on October 1, 2008, the Clean Truck Program (CTP) has delivered an estimated more than 70-percent reduction in the rate of truck emissions compared to 2007 average air emissions data.
On April 5th the Port of Los Angeles announced it awarded Vision Industries Corp. (OTCBB: VIIC), producers of the zero emission electric/hydrogen hybrid Tyrano™ truck, a purchase order for a zero emission Class 8 hybrid electric truck. The cost to purchase the zero emission truck will not exceed $280,000 including sales tax.
Electric vehicle companies and green auto companies that can demonstrate successful deployment are fighting for global market share. Investors are encouraged to perform due diligence in researching and investing in the sector.
Research renewable energy stocks and green automotive stocks with the global green stock directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Showcase Renewable Energy Stock- Balqon Corporation (OTCBB:BLQN) http://www.balqon.com/
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities.
Recent Media Coverage:
New Trucks Aim To Keep the Docks Humming In Los Angeles
04/06/2010
The Port of Los Angeles and Balqon Corp were showing off their first production XE20 electric, zero-emission yard tractors on Wednesday at an all-day Ride and Drive event at Berth 87. Balqon is getting ready to deliver 20 of the new heavy-duty trucks to a container terminal for a real-world debut.
The port ordered the lithium-ion battery-powered vehicles to be built almost a year ago, along with five XE30 trucks designed for short-haul, on-road drayage. The XE30s will be used to shuttle containers from the port to a near-dock rail yard about five miles north of the harbor.
Full article: http://www.cunninghamreport.com/news_item.php?id=1235
Investors can view the full company profile for Balqon Corporation at:
http://www.investorideas.com/CO/BLQN/
Request news and stock alerts from Balqon Corporation
http://www.investorideas.com/Resources/Newsletter.asp
Balqon Corporation (OTCBB: BLQN) is a featured showcase green stock on our green investor portals:
www.RenewableEnergyStocks.com, www.FuelCellCarNews.com
and www.EnvironmentStocks.com
"Antonio Villaraigosa, Mayor of Los Angeles, tests drives the Balqon Nautilus E30."
About the Port of Los Angeles
The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovative strategic and sustainable operations that benefit the economy as well as the quality of life for the region and the nation it serves. As the leading seaport in North America in terms of shipping container volume and cargo value, the Port generates 919,000 regional jobs and $39.1 billion in annual wages and tax revenues. A proprietary department of the City of Los Angeles, the Port is self-supporting and does not receive taxpayer dollars. The Port of Los Angeles – A cleaner port. A brighter future. For more information, please visit www.portoflosangeles.org.
About InvestorIdeas.com:
Investor Ideas is a global investor research portal specialized in sector investing. Investor Ideas was one of the first online investing and business resources providing in-depth research, news, investor tools and stock directories for renewable energy, homeland security and water.
About Our Green and Cleantech Investor Portals:
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com,
www.FuelCellCarNews.com, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
Disclaimer: / disclosure: The following company profile news for BLQN is a paid for submission. BLQN is a paid advertising showcase company. 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, company profile submissions and online advertising. Read more disclaimer and disclosure/ compensation disclosure at:
http://www.investorideas.com/About/Disclaimer.asp
http://www.investorideas.com/About/News/Clientspecifics.asp
Disclosure: Investorideas.com president, D Van Zant is long Westport Innovations .
For Additional Information:
Contact Balqon - http://www.balqon.com/
For investorideas.com contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Follow Investorideas.com On Twitter.com
http://twitter.com/Investorideas
___________________________________________________
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.Investor Ideas members can login to access all 4 cleantech stock directories.http://www.investorideas.com/membership/.Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010!
Monday, May 03, 2010
Envision Solar Goes Public, Unveils Ticker Symbol
Envision Solar Goes Public, Unveils Ticker Symbol
Shares in leading solar developer publicly traded as of May 3, 2010
SAN DIEGO (May 3, 2010) – ( Investorideas.com renewable energy/green newswire) Envision Solar International, Inc., (www.envisionsolar.com) (OTCBB:EVSI), a leading solar planner, architect and inventor designing and deploying clean energy systems globally, joins the Over the Counter (OTC) Bulletin Board, effective today. The company’s stock will be traded under the symbol EVSI.
Envision Solar works with such notable companies as Chevron Energy, Sun Edison, Dell, Centocor, University of California and others, and is the first company to invent and build structures for solar that address the unused millions of acres of parking spaces. The company has designed and/or installed more than nine megawatts of solar arrays for commercial, residential, and public entities worldwide.
“We’re happy to announce that Envision Solar is now a publicly traded company. This event provides the public markets a tangible way to participate in our company’s growth,” said Robert Noble, CEO of Envision Solar. “We are committed to sustainable growth for our company and believe this is a step in the right direction to bring our vision of ‘solar you can see’ to a wider market.”
For more information on Envision Solar, visit www.envisionsolar.com or call 1-866-746-0514. For investor inquiries, contact investor@envisionsolar.com or call 1-866-635-0011.
###
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading solar planner, architect and inventor designing and deploying clean energy systems globally. The solar master planning firm provides strategic long-term solutions conducting comprehensive sustainability planning and optimizing locations for solar array structures. It is the first to invent and build structures for solar that address the unused millions of acres of parking spaces. Its innovative systems include commercial, residential, and public entities with products such as the Solar Tree®, Solar Row™, LifePort™, LifePod™, LifeVillage™ and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB:EVSI]. For more information on the company, contact 1-866-746-0514.
Safe Harbor Statement
This news release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed or anticipated. For a more detailed discussion of these and associated risks, see the company's most recent document filed with the Securities and Exchange Commission.
___________________________________________
Research Renewable Energy Stocks at Investorideas.com
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : Investor Ideas members can login to access all 4 cleantech stock directories. http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010! join us and become a member today
Shares in leading solar developer publicly traded as of May 3, 2010
SAN DIEGO (May 3, 2010) – ( Investorideas.com renewable energy/green newswire) Envision Solar International, Inc., (www.envisionsolar.com) (OTCBB:EVSI), a leading solar planner, architect and inventor designing and deploying clean energy systems globally, joins the Over the Counter (OTC) Bulletin Board, effective today. The company’s stock will be traded under the symbol EVSI.
Envision Solar works with such notable companies as Chevron Energy, Sun Edison, Dell, Centocor, University of California and others, and is the first company to invent and build structures for solar that address the unused millions of acres of parking spaces. The company has designed and/or installed more than nine megawatts of solar arrays for commercial, residential, and public entities worldwide.
“We’re happy to announce that Envision Solar is now a publicly traded company. This event provides the public markets a tangible way to participate in our company’s growth,” said Robert Noble, CEO of Envision Solar. “We are committed to sustainable growth for our company and believe this is a step in the right direction to bring our vision of ‘solar you can see’ to a wider market.”
For more information on Envision Solar, visit www.envisionsolar.com or call 1-866-746-0514. For investor inquiries, contact investor@envisionsolar.com or call 1-866-635-0011.
###
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading solar planner, architect and inventor designing and deploying clean energy systems globally. The solar master planning firm provides strategic long-term solutions conducting comprehensive sustainability planning and optimizing locations for solar array structures. It is the first to invent and build structures for solar that address the unused millions of acres of parking spaces. Its innovative systems include commercial, residential, and public entities with products such as the Solar Tree®, Solar Row™, LifePort™, LifePod™, LifeVillage™ and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB:EVSI]. For more information on the company, contact 1-866-746-0514.
Safe Harbor Statement
This news release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed or anticipated. For a more detailed discussion of these and associated risks, see the company's most recent document filed with the Securities and Exchange Commission.
___________________________________________
Research Renewable Energy Stocks at Investorideas.com
The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM, Hong Kong and China markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.The renewable energy stocks directory can be previewed at : Investor Ideas members can login to access all 4 cleantech stock directories. http://www.investorideas.com/membership/
Our goal - One Million More Investors Investing in Green Technology and Water Technology in 2010! join us and become a member today
Subscribe to:
Posts (Atom)
Posts
