Renewable Energy Stocks Investor Portal Updates Directory of Renewable Energy and Green Stocks; Global Solar Stocks, Wind Stocks, Biofuels
POINT ROBERTS, WA and DELTA, BC –November 27 , 2008 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, has updated its directory of publicly traded stocks in the sector. The directory will be updated once a month with new additions, stock symbol changes, name changes and more. Pending additions include green infrastructure stocks.
Renewableenergysstocks.com is one of the first online investor resources providing in-depth information on renewable energy and the public companies in the sector.
Renewable Energy Stock Directory – Visit here
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges reflecting the global participation and growth in renewable energy and green stocks.
The renewable energy portal provides a valuable resource for investors and alternative energy public companies and industry participants. RenewableEnergyStocks.com® features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.
The RenewableEnergyStocks.com portal currently features a directory with 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.
The complete directory is restricted to access by Investorideas.com members. Learn more about becoming a member : http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investorideas.com Green Investor Awareness: http://www.investorideas.com/About/company_showcase.asp
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Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
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 companies, news submissions and online advertising. XsunX compensate the website $5000 per month. www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com
Wednesday, November 26, 2008
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Get a Two Day Run with General Markets
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Get a Two Day Run with General Markets
POINT ROBERTS, WA and DELTA, BC—November 26, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks following a two day run for some of the leaders. Solar stocks traded up with the general markets but investors are cautiously optimistic following the recent speech from President-elect Obama, discussing job creation in the sector.
Renewable Energy Stocks solar expert, J. Peter Lynch commented in his most recent column, that this market may represent a generational buying opportunity, “I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.”
Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/
XsunX, Inc.(OTC Bulletin Board: XSNX), a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, announced that it had entered into a two-year supply contract for the sale of fifteen (15) megawatts of it ASI-120 TFPV solar modules (representing approximately $37 million dollars in total contract value ) to a full service solar power company specializing in commercial and solar farm projects located in the California and Hawaiian markets. The stock traded volume of 1,672,300 and was up on the day, closing at just under $0.25, from its opening of $0.19 on the news.
Investors can also track the Ardour Solar Energy Index (^SOLRX) (Market, News), a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting for sector indications.
Sector Close-Up as of Trading November 25, 2008:
First Solar, Inc. (BASDAQ: FSLR) (Market, News) closed at $117.19
Akeena Solar Inc. (NASDAQ:AKNS) closed at $1.79
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed at $2.38
LDK Solar ADR (LDK) (Market, News) closed at $12.73
SunPower Corporation (SPWRA) (Market, News ) closed at $30.57
Yingli Green Energy (YGE) (Market, News) closed at $4.49
XsunX: (OTCBB: XSNX) closed up at $0.245 on significant volume on news.
ICP SOLAR (OTCBB: ICPR) (Market, News ) closed at $0.211
WorldWater & Solar Technologies (OTCBB: WWAT) (Market, News) traded at $0.271.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Green News Feeds:
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml
Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX compensate the website $5000 per month www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
POINT ROBERTS, WA and DELTA, BC—November 26, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks following a two day run for some of the leaders. Solar stocks traded up with the general markets but investors are cautiously optimistic following the recent speech from President-elect Obama, discussing job creation in the sector.
Renewable Energy Stocks solar expert, J. Peter Lynch commented in his most recent column, that this market may represent a generational buying opportunity, “I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.”
Renewable and Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/
XsunX, Inc.(OTC Bulletin Board: XSNX), a solar technology company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, announced that it had entered into a two-year supply contract for the sale of fifteen (15) megawatts of it ASI-120 TFPV solar modules (representing approximately $37 million dollars in total contract value ) to a full service solar power company specializing in commercial and solar farm projects located in the California and Hawaiian markets. The stock traded volume of 1,672,300 and was up on the day, closing at just under $0.25, from its opening of $0.19 on the news.
Investors can also track the Ardour Solar Energy Index (^SOLRX) (Market, News), a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting for sector indications.
Sector Close-Up as of Trading November 25, 2008:
First Solar, Inc. (BASDAQ: FSLR) (Market, News) closed at $117.19
Akeena Solar Inc. (NASDAQ:AKNS) closed at $1.79
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed at $2.38
LDK Solar ADR (LDK) (Market, News) closed at $12.73
SunPower Corporation (SPWRA) (Market, News ) closed at $30.57
Yingli Green Energy (YGE) (Market, News) closed at $4.49
XsunX: (OTCBB: XSNX) closed up at $0.245 on significant volume on news.
ICP SOLAR (OTCBB: ICPR) (Market, News ) closed at $0.211
WorldWater & Solar Technologies (OTCBB: WWAT) (Market, News) traded at $0.271.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Green News Feeds:
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml
Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory and the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX compensate the website $5000 per month www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Monday, November 24, 2008
The Market and Solar Stocks-Renewable and Solar Energy Perspectives with J. Peter Lynch
The Market and Solar Stocks-Renewable and Solar Energy Perspectives with J. Peter Lynch
By Peter Lynch Exclusively for InvestorIdeas.com
http://www.renewableenergystocks.com/PL/
New York, Point Roberts WA, Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/: First of all, the market has simply put, been terrible. This is certainly shaping up to be a year for the record books. In fact, as of the close Friday (8-21-08) the Dow Jones is having the SECOND WORST year in its history, with 1931 being the worst year with a yearly loss of -52.67%. The numbers below reflect the performance of the three main market indexes since June 1 2008.
DJIA Dow Jones Industrials -36.3SPX Standard and Poor’s 500 -42.9NASD NASDAQ -45.1 As to my opinion of this general market situation, I think it is either the beginning of very bad times or a generational buying opportunity in the market.
There is really no way to tell for sure, but based upon my experience in the market over the past 30 years and the opinions of numerous others that I respect, I believe we are very close to a great buying opportunity. It is impossible to ever “catch” the exact bottom, but I do feel that most of potential future bad times have already been incorporated into current stock prices by the market. Therefore, barring a financial Armageddon, I think that prices will be significantly higher in 6 months than they are now.
Regarding my opinion on solar stocks, the numbers below reflect the performance of solar stocks since June 1 2008. Obviously there has been a near total collapse of the average stock which was brought on by a combination of: sky high P/E multiples, an insanely volatile general stock market and dire predictions of future industry progress.
Symbol Name Performance %AKNS Akeena Solar, Inc. -73.9ASTI Ascent Solar Technologies, Inc. -77.9CSIQ Canadian Solar Inc. -89.8CSUN China Sunergy Company Ltd. -87.1DSTI DayStar Technologies Inc. -78.1EMKR EMCORE Corporation -85.6ENER Energy Conversion Devices Inc -66.9ESLR Evergreen Solar, Inc. -77.4FSLR First Solar, Inc. -65.3JASO JA Solar Holdings Co., Ltd -90.1LDK LDK Solar Company Ltd. -76.1RSOL Real Goods Solar, Inc. -44.6SOL ReneSola, Ltd. (United Kingdom) ADR -90.6SOLF Solarfun Power Holdings Co. -85.8SOLR GT Solar International Inc -83.38SPIR Spire Corporation -77.1SPWRA Sunpower Corporation -74.8STP Suntech Power Holdings (China) ADR -85.8TSL Trina Solar Limited -85.9WFR MEMC Electronic Materials, Inc. -83.4YGE Yingli Green Energy Holding Company Limited (China) ADR -86 Average Loss = -79.31%I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.A great degree (a vast majority in my opinion) of this current activity in the market and in solar stocks is principally driven by FEAR. People are afraid NOT to sell because stocks are going to ZERO and people are afraid to buy because stocks are going to ZERO. Obviously BOTH cannot be correct. But the point is that the market is currently in the phase of market dynamics that is totally dominated by emotions. These emotions are rampant and further fueled by the silly people in the media jumping on every tidbit of information and trying to draw a conclusion from each of them (which is impossible), thereby helping, in a way, to compound and extend the panic underlying this this crisis.With this said is there a way to look at solar stocks today and try to “pick” the ones that have the most potential? Once again, it is impossible to accurately determine which will be the winners and which will be the losers. However I think that there are at least three of areas an investor should look at that I would consider to be critically important. If a company possesses ALL three of these characteristics it would have much higher probability that it will be a leader in the next phase of the emerging solar boom.First: CASH. During times like this CASH IS KING. So an investor will have to make sure to check each potential company’s balance sheet and insure that they have adequate cash reserves to carry them through at least 2009 without need of further financing.Second: RELATIVE STRENGTH. In periods like this good stocks and bad stocks BOTH are carried down with the general market. However, the better stocks generally drop last and come back (when the tide changes positive) first. These stocks will also most likely be the ones with the most cash (best financial shape) therefore with the best future prospects. As a result, an investor should look for the solar stocks with the highest relative strength compared to the general market - they will be the early leaders in the next market stage.Third: PRODUCT DIFFERENTIATION. With a new industry like solar the longer term leaders are generally the companies with some form of competitive advantage or product differentiation. Remember these companies may have innovative products, but they must also pass the first two hurdles (cash and relative strength) in order to warrant further consideration as an investment. Five examples of this (not necessarily “official” recommendations) are listed below with their respective “differentiator” to give you a better idea of what I am referring to: First Solar (FSLR) – low cost market leader in the thin film sector SunPower (SPWRA) - highest efficiency product, therefore potential leader in the space constrained residential market segment. Energy Conversion Devices (ENER) – unique product, with high margins in the flexible PV market segment. SunTech (STP) – low cost producer in the crystalline PV market segment. Emcore (EMKR) – one of only two producers of very high efficiency PV cells for the Concentrating PV (CPV) market segment.Remember that even though this MAY BE a generational buying opportunity in the general market and the solar sector you should always consider this as higher risk money and money that you can afford to potential lose and also be money that you can be patient with and allow the situation to work itself out over time.
Mr. Lynch has worked, for 31 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: www.sunseries.net.
About Our Green Investor Portals:http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.Become an Investorideas.com MemberWith markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
By Peter Lynch Exclusively for InvestorIdeas.com
http://www.renewableenergystocks.com/PL/
New York, Point Roberts WA, Solar Energy Perspectives with J. Peter Lynch http://www.renewableenergystocks.com/PL/: First of all, the market has simply put, been terrible. This is certainly shaping up to be a year for the record books. In fact, as of the close Friday (8-21-08) the Dow Jones is having the SECOND WORST year in its history, with 1931 being the worst year with a yearly loss of -52.67%. The numbers below reflect the performance of the three main market indexes since June 1 2008.
DJIA Dow Jones Industrials -36.3SPX Standard and Poor’s 500 -42.9NASD NASDAQ -45.1 As to my opinion of this general market situation, I think it is either the beginning of very bad times or a generational buying opportunity in the market.
There is really no way to tell for sure, but based upon my experience in the market over the past 30 years and the opinions of numerous others that I respect, I believe we are very close to a great buying opportunity. It is impossible to ever “catch” the exact bottom, but I do feel that most of potential future bad times have already been incorporated into current stock prices by the market. Therefore, barring a financial Armageddon, I think that prices will be significantly higher in 6 months than they are now.
Regarding my opinion on solar stocks, the numbers below reflect the performance of solar stocks since June 1 2008. Obviously there has been a near total collapse of the average stock which was brought on by a combination of: sky high P/E multiples, an insanely volatile general stock market and dire predictions of future industry progress.
Symbol Name Performance %AKNS Akeena Solar, Inc. -73.9ASTI Ascent Solar Technologies, Inc. -77.9CSIQ Canadian Solar Inc. -89.8CSUN China Sunergy Company Ltd. -87.1DSTI DayStar Technologies Inc. -78.1EMKR EMCORE Corporation -85.6ENER Energy Conversion Devices Inc -66.9ESLR Evergreen Solar, Inc. -77.4FSLR First Solar, Inc. -65.3JASO JA Solar Holdings Co., Ltd -90.1LDK LDK Solar Company Ltd. -76.1RSOL Real Goods Solar, Inc. -44.6SOL ReneSola, Ltd. (United Kingdom) ADR -90.6SOLF Solarfun Power Holdings Co. -85.8SOLR GT Solar International Inc -83.38SPIR Spire Corporation -77.1SPWRA Sunpower Corporation -74.8STP Suntech Power Holdings (China) ADR -85.8TSL Trina Solar Limited -85.9WFR MEMC Electronic Materials, Inc. -83.4YGE Yingli Green Energy Holding Company Limited (China) ADR -86 Average Loss = -79.31%I agree that solar P/E’s and expectations were FAR too optimistic and missed a number of rather obvious problems that were rapidly approaching (i.e. coming silicon over supply), however, at this time I believe that current expectations have moved equally to the opposite extreme with FAR too much pessimism.A great degree (a vast majority in my opinion) of this current activity in the market and in solar stocks is principally driven by FEAR. People are afraid NOT to sell because stocks are going to ZERO and people are afraid to buy because stocks are going to ZERO. Obviously BOTH cannot be correct. But the point is that the market is currently in the phase of market dynamics that is totally dominated by emotions. These emotions are rampant and further fueled by the silly people in the media jumping on every tidbit of information and trying to draw a conclusion from each of them (which is impossible), thereby helping, in a way, to compound and extend the panic underlying this this crisis.With this said is there a way to look at solar stocks today and try to “pick” the ones that have the most potential? Once again, it is impossible to accurately determine which will be the winners and which will be the losers. However I think that there are at least three of areas an investor should look at that I would consider to be critically important. If a company possesses ALL three of these characteristics it would have much higher probability that it will be a leader in the next phase of the emerging solar boom.First: CASH. During times like this CASH IS KING. So an investor will have to make sure to check each potential company’s balance sheet and insure that they have adequate cash reserves to carry them through at least 2009 without need of further financing.Second: RELATIVE STRENGTH. In periods like this good stocks and bad stocks BOTH are carried down with the general market. However, the better stocks generally drop last and come back (when the tide changes positive) first. These stocks will also most likely be the ones with the most cash (best financial shape) therefore with the best future prospects. As a result, an investor should look for the solar stocks with the highest relative strength compared to the general market - they will be the early leaders in the next market stage.Third: PRODUCT DIFFERENTIATION. With a new industry like solar the longer term leaders are generally the companies with some form of competitive advantage or product differentiation. Remember these companies may have innovative products, but they must also pass the first two hurdles (cash and relative strength) in order to warrant further consideration as an investment. Five examples of this (not necessarily “official” recommendations) are listed below with their respective “differentiator” to give you a better idea of what I am referring to: First Solar (FSLR) – low cost market leader in the thin film sector SunPower (SPWRA) - highest efficiency product, therefore potential leader in the space constrained residential market segment. Energy Conversion Devices (ENER) – unique product, with high margins in the flexible PV market segment. SunTech (STP) – low cost producer in the crystalline PV market segment. Emcore (EMKR) – one of only two producers of very high efficiency PV cells for the Concentrating PV (CPV) market segment.Remember that even though this MAY BE a generational buying opportunity in the general market and the solar sector you should always consider this as higher risk money and money that you can afford to potential lose and also be money that you can be patient with and allow the situation to work itself out over time.
Mr. Lynch has worked, for 31 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: www.sunseries.net.
About Our Green Investor Portals:http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.Become an Investorideas.com MemberWith markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com Member -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
Friday, November 21, 2008
Driving Green; Electric Cars on the Rise at LA Auto Show – Oil Prices Might Be Down But Need to Reduce CO2 Emissions Still Driving Force
Driving Green; Electric Cars on the Rise at LA Auto Show – Oil Prices Might Be Down But Need to Reduce CO2 Emissions Still Driving Force
November 21, 2008 - Point Roberts, InvestorIdeas.com and its green investor portal Renewableenergystocks.com announce the most recent Podcast of Driving Green, discussing some of the new electric and green cars featured at the LA Auto show.
As oil and gas prices drop in the short term, the driving force behind electric cars has not diminished. Environmental impact, global warming and CO2 emissions are still concerns for consumers, industry and government. The new Obama administration has pledged to make fuel efficient cars part of their mandate. Just this week, a group of leaders called for 10% of cars to be electric by 2020, increasing to 50% by 2030 to reduce greenhouse gas emissions.
To listen to the Podcast: click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/dg112108.mp3
Podcast Transcript:
This is Driving Green at Investorideas.com http://www.investorideas.com/dg/
The Los Angeles auto show showcased the future of electric cars with some new and old players in the game .Nissan Motor Co., Ltd., announced a new electric-vehicle partnership with the state of Oregon, based on Nissan’s commitment to begin offering pure electric cars in 2010 in the United States and Japan.
Carlos Ghosn, president and CEO said “We see in Oregon the vision that is evident in all the places that are eager for sustainable mobility," said Mr. Ghosn. "Demonstrating their care for the environment, the state and its partners are creating the conditions that will promote zero-emission vehicles as an attractive choice for consumers."
He also announced plans to have 10 per cent of his cars with battery electric drivelines by 2010.
BMW also showcased their new line of electric minis. The company has built 500 minis that will be leased to select customers in LA and New York prior to a larger release.
Chrysler also displayed three advanced production-intent electric vehicle prototype vehicles where they will be making their worldwide auto show debut. Chrysler's Electric Vehicles utilize three primary components- an electric motor to drive the wheels, an advanced lithium-ion battery system to power the electric-drive motor, and a controller that manages energy flow. The electric-drive system is being developed for front-wheel-drive, rear-wheel-drive, and body-on-frame four-wheel-drive vehicle applications.
Surprisingly the green car of the year at the LA auto show was not electric or hybrid – it was Volkswagen's new Jetta TDI- a sporty diesel-powered sedan. The Jetta came in ahead of the Ford Fusion gasoline-electric hybrid and the Saturn Vue hybrid.
So with the US auto industry in a state of fear and uncertainty, it is clear that from Obama’s plan for a more fuel efficient auto industry to the LA auto show winners – green is still the color of money for the future .
To research our full list of Green Automotive Stocks - visit our stock directory at RenewableEnergyStocks.com
http://www.renewableenergystocks.com/Companies/RenewableEnergy/stock_list.asp
To research Fuel cell cars – visit Fuelcellcarnews.com within Investorideas.com
Sponsors - Featured Showcase Green Companies at Investorideas.com
OriginOil, Inc. (OTCBB: OOIL) is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum.
Carbon Sciences, Inc. (OTCBB:CABN) is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels.
About Our Green Investor Portals:
http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites!
http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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. (OOIL and CABN-$4000 month as green showcase company)
http://www.investorideas.com/About/Disclaimer.asp
To sponsor the Driving Green Podcast or send ideas, suggestions and feedback:
Contact: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
November 21, 2008 - Point Roberts, InvestorIdeas.com and its green investor portal Renewableenergystocks.com announce the most recent Podcast of Driving Green, discussing some of the new electric and green cars featured at the LA Auto show.
As oil and gas prices drop in the short term, the driving force behind electric cars has not diminished. Environmental impact, global warming and CO2 emissions are still concerns for consumers, industry and government. The new Obama administration has pledged to make fuel efficient cars part of their mandate. Just this week, a group of leaders called for 10% of cars to be electric by 2020, increasing to 50% by 2030 to reduce greenhouse gas emissions.
To listen to the Podcast: click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/dg112108.mp3
Podcast Transcript:
This is Driving Green at Investorideas.com http://www.investorideas.com/dg/
The Los Angeles auto show showcased the future of electric cars with some new and old players in the game .Nissan Motor Co., Ltd., announced a new electric-vehicle partnership with the state of Oregon, based on Nissan’s commitment to begin offering pure electric cars in 2010 in the United States and Japan.
Carlos Ghosn, president and CEO said “We see in Oregon the vision that is evident in all the places that are eager for sustainable mobility," said Mr. Ghosn. "Demonstrating their care for the environment, the state and its partners are creating the conditions that will promote zero-emission vehicles as an attractive choice for consumers."
He also announced plans to have 10 per cent of his cars with battery electric drivelines by 2010.
BMW also showcased their new line of electric minis. The company has built 500 minis that will be leased to select customers in LA and New York prior to a larger release.
Chrysler also displayed three advanced production-intent electric vehicle prototype vehicles where they will be making their worldwide auto show debut. Chrysler's Electric Vehicles utilize three primary components- an electric motor to drive the wheels, an advanced lithium-ion battery system to power the electric-drive motor, and a controller that manages energy flow. The electric-drive system is being developed for front-wheel-drive, rear-wheel-drive, and body-on-frame four-wheel-drive vehicle applications.
Surprisingly the green car of the year at the LA auto show was not electric or hybrid – it was Volkswagen's new Jetta TDI- a sporty diesel-powered sedan. The Jetta came in ahead of the Ford Fusion gasoline-electric hybrid and the Saturn Vue hybrid.
So with the US auto industry in a state of fear and uncertainty, it is clear that from Obama’s plan for a more fuel efficient auto industry to the LA auto show winners – green is still the color of money for the future .
To research our full list of Green Automotive Stocks - visit our stock directory at RenewableEnergyStocks.com
http://www.renewableenergystocks.com/Companies/RenewableEnergy/stock_list.asp
To research Fuel cell cars – visit Fuelcellcarnews.com within Investorideas.com
Sponsors - Featured Showcase Green Companies at Investorideas.com
OriginOil, Inc. (OTCBB: OOIL) is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum.
Carbon Sciences, Inc. (OTCBB:CABN) is developing a breakthrough technology to transform carbon dioxide (CO2) emissions into the basic fuel building blocks required to produce gasoline, diesel fuel, jet fuel and other portable fuels.
About Our Green Investor Portals:
http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites!
http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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. (OOIL and CABN-$4000 month as green showcase company)
http://www.investorideas.com/About/Disclaimer.asp
To sponsor the Driving Green Podcast or send ideas, suggestions and feedback:
Contact: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Thursday, November 20, 2008
CEO Carlos Ghosn Gives Keynote Speech on Company's Electric Vehicle Future
Nissan Introduces All-New 2009 cube and 370Z at Los Angeles Auto ShowWednesday - Nissan CEO Carlos Ghosn Gives Keynote Speech on Company's Electric Vehicle Future -
LOS ANGELES, Nov. 19 / -- Carlos Ghosn, president and CEO, Nissan Motor Co., Ltd., today announced a new electric-vehicle partnership with the state of Oregon, in line with Nissan's commitment to begin offering pure electric cars in 2010 in the United States and Japan. The announcement came in a keynote address at the opening of the 2008 Los Angeles Auto Show.(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/NISSANBADGELOGO )
(Photos: http://www.newscom.com/cgi-bin/prnh/20081119/CLW095-a
http://www.newscom.com/cgi-bin/prnh/20081119/CLW095-b )
"We see in Oregon the vision that is evident in all the places that are eager for sustainable mobility," said Mr. Ghosn. "Demonstrating their care for the environment, the state and its partners are creating the conditions that will promote zero-emission vehicles as an attractive choice for consumers."
Nissan will launch its first electric vehicle in Oregon in late 2010. Oregon Gov. Ted Kulongoski is proposing replacing the current $1,500 tax credit on hybrid vehicles with a $5,000 credit on all-electric cars.
Mr. Ghosn's presentation was followed by the North American debuts of two all-new 2009 Nissan vehicles - the Nissan 370Z sports car and the Nissan cube. The Los Angeles Auto Show is open to the public from Nov. 21-30 at the Los Angeles Convention Center.
The iconic 2009 Nissan 370Z, the first full redesign of the Nissan Z® since its reintroduction as a 2003 model, is scheduled to go on sale in North America in January 2009.
Nearly every piece and component of the current Nissan 350Z has been rethought or redesigned resulting in a more refined, more powerful, better handling 370Z - a shorter wheelbase, greater use of lightweight body materials, larger 332-horsepower 3.7-liter DOHC V6 engine with Variable Valve Event and Lift Control (VVEL), a new 7-speed automatic transmission, a world's first synchronized downshift rev matching system for the 6-speed manual transmission, a new high quality interior design and new available technology features.
The 2009 370Z has a starting Manufacturer's Suggested Retail Price (MSRP)* of $29,990, providing passionate performance at an excellent value. At this price the new 370Z is about $280 less than a comparably priced 2008 350Z Enthusiast model - yet it offers more standard equipment, such as Nissan Intelligent Key(TM), side and curtain supplemental air bags and Vehicle Dynamic Control (VDC). The new Z® is available in two models: 370Z and 370Z Touring.
The boxy yet stylish Nissan cube, known in the Japanese market for its unique combination of fashion and functionality, will be available for the first time in the United States beginning in spring 2009.
The 2009 Nissan cube provides the utility and dependability consumers expect in a small car wrapped in a package that is anything but square. It's unique, non-traditional design features an asymmetrical body, a stout "bulldog-like" stance, wide doors, a large greenhouse with wraparound rear window, and a refrigerator-style rear door.
Inside, the new cube's interior is a roomy social space, designed to be a destination rather than a way to get to get one. Capable of seating up to five passengers, the new cube offers a plethora of innovative storage solutions ideal for storing cell phones, MP3 players and other personal items. To accommodate its occupants, the new cube provides comfortable front seating with a three-position sliding, reclining theater-style rear seat.
The front-wheel-drive cube is available with a standard 122-horsepower 1.8-liter DOHC 4-cylinder engine and a choice of Nissan's advanced, smooth- shifting Xtronic CVT(TM) (Continuously Variable Transmission) or 6-speed manual transmission. Fuel efficiency is expected to be over 30 mpg highway with the CVT transmission (actual EPA estimates not available at this time). Cube is offered in three well-equipped models: cube 1.8, cube 1.8 S and cube 1.8 SL. A long list of safety features are standard on the cube, including six air bags. Accessories will also be offered, allowing cube owners to personalize their vehicles to reflect their own tastes and needs.
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at http://www.nissanusa.com/ and http://www.infiniti.com/ .
* MSRP excludes applicable tax, title and license fees. Dealer sets actual price. Prices and specs are subject to change without notice.
--------------------------------------------------------------------------------Source: Nissan North America, Inc.
LOS ANGELES, Nov. 19 / -- Carlos Ghosn, president and CEO, Nissan Motor Co., Ltd., today announced a new electric-vehicle partnership with the state of Oregon, in line with Nissan's commitment to begin offering pure electric cars in 2010 in the United States and Japan. The announcement came in a keynote address at the opening of the 2008 Los Angeles Auto Show.(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/NISSANBADGELOGO )
(Photos: http://www.newscom.com/cgi-bin/prnh/20081119/CLW095-a
http://www.newscom.com/cgi-bin/prnh/20081119/CLW095-b )
"We see in Oregon the vision that is evident in all the places that are eager for sustainable mobility," said Mr. Ghosn. "Demonstrating their care for the environment, the state and its partners are creating the conditions that will promote zero-emission vehicles as an attractive choice for consumers."
Nissan will launch its first electric vehicle in Oregon in late 2010. Oregon Gov. Ted Kulongoski is proposing replacing the current $1,500 tax credit on hybrid vehicles with a $5,000 credit on all-electric cars.
Mr. Ghosn's presentation was followed by the North American debuts of two all-new 2009 Nissan vehicles - the Nissan 370Z sports car and the Nissan cube. The Los Angeles Auto Show is open to the public from Nov. 21-30 at the Los Angeles Convention Center.
The iconic 2009 Nissan 370Z, the first full redesign of the Nissan Z® since its reintroduction as a 2003 model, is scheduled to go on sale in North America in January 2009.
Nearly every piece and component of the current Nissan 350Z has been rethought or redesigned resulting in a more refined, more powerful, better handling 370Z - a shorter wheelbase, greater use of lightweight body materials, larger 332-horsepower 3.7-liter DOHC V6 engine with Variable Valve Event and Lift Control (VVEL), a new 7-speed automatic transmission, a world's first synchronized downshift rev matching system for the 6-speed manual transmission, a new high quality interior design and new available technology features.
The 2009 370Z has a starting Manufacturer's Suggested Retail Price (MSRP)* of $29,990, providing passionate performance at an excellent value. At this price the new 370Z is about $280 less than a comparably priced 2008 350Z Enthusiast model - yet it offers more standard equipment, such as Nissan Intelligent Key(TM), side and curtain supplemental air bags and Vehicle Dynamic Control (VDC). The new Z® is available in two models: 370Z and 370Z Touring.
The boxy yet stylish Nissan cube, known in the Japanese market for its unique combination of fashion and functionality, will be available for the first time in the United States beginning in spring 2009.
The 2009 Nissan cube provides the utility and dependability consumers expect in a small car wrapped in a package that is anything but square. It's unique, non-traditional design features an asymmetrical body, a stout "bulldog-like" stance, wide doors, a large greenhouse with wraparound rear window, and a refrigerator-style rear door.
Inside, the new cube's interior is a roomy social space, designed to be a destination rather than a way to get to get one. Capable of seating up to five passengers, the new cube offers a plethora of innovative storage solutions ideal for storing cell phones, MP3 players and other personal items. To accommodate its occupants, the new cube provides comfortable front seating with a three-position sliding, reclining theater-style rear seat.
The front-wheel-drive cube is available with a standard 122-horsepower 1.8-liter DOHC 4-cylinder engine and a choice of Nissan's advanced, smooth- shifting Xtronic CVT(TM) (Continuously Variable Transmission) or 6-speed manual transmission. Fuel efficiency is expected to be over 30 mpg highway with the CVT transmission (actual EPA estimates not available at this time). Cube is offered in three well-equipped models: cube 1.8, cube 1.8 S and cube 1.8 SL. A long list of safety features are standard on the cube, including six air bags. Accessories will also be offered, allowing cube owners to personalize their vehicles to reflect their own tastes and needs.
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at http://www.nissanusa.com/ and http://www.infiniti.com/ .
* MSRP excludes applicable tax, title and license fees. Dealer sets actual price. Prices and specs are subject to change without notice.
--------------------------------------------------------------------------------Source: Nissan North America, Inc.
Wednesday, November 19, 2008
The Future of Renewable Energy and Cleantech under an Obama Administration; Investorideas.com Themes Online Investor Conference for 2009
The Future of Renewable Energy and Cleantech under an Obama Administration; Investorideas.com Themes Online Investor Conference for 2009
Investing in Renewable Energy Stocks for 2009- Solar Stocks, Wind Stocks, Biofuel and Energy Efficiency
POINT ROBERTS, WA –Nov 19, 2008, Investorideas.com, one of the first online investor resources providing in-depth information on renewable energy, cleantech and water sectors
announces initial plans for a 2009 online investor conference themed, The Future of Renewable Energy and Cleantech Under an Obama Administration. Investorideas.com and its green investor portals have hosted several online green investor conferences in the past, featuring some of the industry’s leading experts.
The conference format is a one day presentation of leading experts and CEO’s providing insight into the industry with audio/ slide flash media presentations averaging 15 minutes each. The conferences are free to investors, requiring online registration. Tentative dates are late January, early February. Investorideas.com will announce dates and speakers as the conference progresses. To view previous conference formats and speakers: Forums/Conferences Page: http://www1.investorideas.com/Forums/
About Our Green Investor Portals:
http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites!
http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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.
Industry Speakers and Public Companies can request info on presenting :
For more information contact: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
Investing in Renewable Energy Stocks for 2009- Solar Stocks, Wind Stocks, Biofuel and Energy Efficiency
POINT ROBERTS, WA –Nov 19, 2008, Investorideas.com, one of the first online investor resources providing in-depth information on renewable energy, cleantech and water sectors
announces initial plans for a 2009 online investor conference themed, The Future of Renewable Energy and Cleantech Under an Obama Administration. Investorideas.com and its green investor portals have hosted several online green investor conferences in the past, featuring some of the industry’s leading experts.
The conference format is a one day presentation of leading experts and CEO’s providing insight into the industry with audio/ slide flash media presentations averaging 15 minutes each. The conferences are free to investors, requiring online registration. Tentative dates are late January, early February. Investorideas.com will announce dates and speakers as the conference progresses. To view previous conference formats and speakers: Forums/Conferences Page: http://www1.investorideas.com/Forums/
About Our Green Investor Portals:
http://www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com: http://www.investorideas.com/RSS/feeds/RES.xml
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites!
http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: "One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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.
Industry Speakers and Public Companies can request info on presenting :
For more information contact: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
Sunday, November 16, 2008
China Clean Energy ()TCBB:CCGY) Announces Third Quarter 2008 Results
China Clean Energy ()TCBB:CCGY) Announces Third Quarter 2008 Results
FUQING CITY, China, Nov. 14 2008 -- China Clean Energy Inc. (OTC Bulletin Board: CCGY.OB) ("China Clean Energy", the "Company"), a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in The People's Republic of China ("PRC"), today reported results for the third quarter ended on September 30, 2008.
Third Quarter 2008 Highlights -- Revenue totaled $4.1 million, down 24.9% from the third quarter of 2007 -- Gross Profits totaled $ 0.9 million, down 39.1% from the third quarter of 2007 -- Operating Income totaled $262,452 down 72.4% from the third quarter of 2007 -- Net Income during the third quarter of 2008 was $401,699, or $0.01 per share
"We are disappointed with our results for the quarter as our revenue, which was 100% generated from specialty chemicals, declined sequentially and year over year primarily due to slower production and sales driven by restrictions placed on the transportation of chemical products during the Beijing Olympics, as well as the temporary halt in our biodiesel production," commented Mr. Tai-ming Ou, Chairman and CEO of China Clean Energy. "Subsequent to the end of the quarter we were very pleased to announce the resumption of our biodiesel production, which may help compensate for slower demand for specialty chemicals due to global slowdown."
Third Quarter 2008 Results
Net revenue for the third quarter of 2008 was $4.1 million, down 24.9% from $5.5 million reported in the third quarter of 2007. Specialty chemical accounted for 100% of total revenue compared to approximately 70.7% in the same period of last year, as the Company's biodiesel production remained temporarily halted during the quarter. The Company shipped 1,989 tons of specialty chemicals in the third quarter of 2008, compared to 3,540 tons in the same period of last year. Exports accounted for 40.0% of the Company's specialty chemicals shipment and 42.0% of revenues in this quarter.
Gross profit for the third quarter of 2008 was $0.9 million, down 39.1% from $1.4 million in the third quarter of 2007. Gross margin for the third quarter of 2008 was 21.2%, down from 26.1% in the same period of last year, and down from 24.8% in second quarter of 2008. The decrease in gross margin was due to the significant increase in feedstock costs which averaged RMB 4,000 per ton in the third quarter of 2008 compared to RMB 2,600 in the comparable period of last year.
Operating expenses totaled $606,078 for the third quarter of 2008, up 27.5% from $475,478 in the third quarter of 2007, and down 1.2% from $613,651 in the second quarter of 2008. General and administrative expenses were up due to expenses related to employee stock based compensation of $251,103 in the quarter, offset by lower marketing and sales expenses resulting from lower export volume.
Operating income was $262,452 with operating margin of 6.4% for the third quarter of 2008 compared to $950,808 and 17.4% in the third quarter of 2007, and $774,802 and 13.6% in the second quarter of 2008 respectively.
During the third quarter of 2008, the Company recorded a tax benefit of $61,074. The Company's Fujian Zhongde Technology Co. Ltd. subsidiary received official approval from the Chinese tax authority for corporate income tax exemption and reduction status. As a result the Company will be subject to the income tax rate of 12% (versus a normal 25% rate) between January 1, 2008 and December 31, 2010.
Net income for the third quarter of 2008 was $401,699 or $0.01 per basic share compared to $834,586 or $0.04 per basic share in the comparable period of last year, and $557,690 or $0.02 per basic and diluted share in the second quarter of 2008.
Nine-Month Results
Revenue for the nine months ended September 30, 2008 was down 5.4% over the comparable period in 2007 to $14.1 million. Gross profit was down 18.3% in the same period to $3.3 million, with gross margin coming in at 23.3%. Operating expenses for the nine months ended September 30, 2008 increased 7.7% to $2.0 million compared from $1.8 million during the same period in 2007. Operating profits in the first nine months of 2008 were down 39.9% over the comparable period in 2007 to $1.3 million, with operating margins coming in at 9.4%. Net income for the nine months ended September 30, 2008 was $1.2 million or $0.04 per basic and diluted shares, compared to $2.0 million or $0.09 per basic and diluted share in the first nine months of 2007. Cash flow from operations for the nine months ended September 30, 2008 totaled $4.2 million, compared to $1.2 million in the comparable period in 2007. Capital expenditures for the nine months ended September 30, 2008 totaled $12 million, which was primarily for additions to the Company's new Jiangyin plant, purchases and advances for equipment, as well as property.
Financial Condition
As of September 30, 2008, China Clean Energy had $6.4 million in total cash, approximately $8.3 million in working capital, and $0.3 million in debt. Shareholder's equity at the end of the third quarter stood at $32.3 million, compared to $14.8 million recorded at the end of 2007.
Business Outlook
The recent drop in commodity prices, combined with an increase in retail and wholesale diesel prices mandated by the Chinese government in June 2008, has allowed China Clean Energy to resume biodiesel production at its existing plant in November 2008. The Company expects to produce about 800 tons of biodiesel per month, which, at current prices and margin structure, is expected to improve results with expected gross profit contribution of 23%.
China Clean Energy expects its new plant to be ready for production start- up in the second quarter of 2009, which will add 100,000 tons capacity of biodiesel or specialty chemicals to its existing capacity. As previously disclosed, the new plant will have the flexibility to produce 100,000 tons of biodiesel per year, or 100,000 tons specialty chemicals per year, or a combination of biodiesel and specialty chemicals for a total output of 100,000 tons per year. Assuming the current margin structure remains unchanged, the Company hopes to produce up to 50,000 tons of biodiesel from the new plant in the second half of 2009. These projections are preliminary and subject to risks including construction delays, operating risks, feedstock availability at economical prices, as well as diesel wholesale price, which is regulated by the Chinese government.
"We remain cautiously optimistic that the margin structure for our biodiesel business will remain stable in the quarters ahead, allowing us to focus our efforts on ramping up our biodiesel production once our new plant comes online to deliver positive results to our shareholders," stated Mr. Ou. "We are currently seeing the impact of the global economic slowdown on the demand for our specialty chemicals both in China and abroad, but we are hopeful that our biodiesel product will make up for the slack in our specialty chemicals business"
Conference Call
China Clean Energy will hold its third quarter conference call for all interested persons at 9:00 a.m. Eastern Time on Monday, November 17, 2008 to discuss its results. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 1-800-688-0796. International callers should dial +1-617-614-4070. When prompted by the operator, mention conference passcode 77660400. If you are unable to participate in the call at this time, a replay will be available for seven days starting on November 17, 2008 at 11:00 a.m. Eastern Time. To access the replay, dial 1-888-286-8010 and International callers should dial +1-617-801-6888 and enter the passcode 68223323.
About China Clean Energy:
China Clean Energy, through its wholly-owned subsidiary, Fujian Zhongde Technology Co., Ltd., is engaged in the development, manufacturing, and distribution of biodiesel fuel and specialty chemical products made from renewable resources. Since its inception, the Company has been engaged in the manufacture of high-quality specialty chemical products from renewable resources. Through its research and development efforts, the Company developed a proprietary process for refining biodiesel fuel from waste grease and certain vegetable oil-based waste. Using this proprietary process, China Clean Energy began producing biodiesel in 2005 and commenced selling biodiesel commercially starting in December 2005.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the availability of raw material feedstock at economical prices to support the profitable operation of the Company's biodiesel and specialty chemical plants; legal and regulatory risks associated with the share exchange; the future trading of the common stock of the Company; the ability of the Company to expand its production capacity; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
FUQING CITY, China, Nov. 14 2008 -- China Clean Energy Inc. (OTC Bulletin Board: CCGY.OB) ("China Clean Energy", the "Company"), a producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in The People's Republic of China ("PRC"), today reported results for the third quarter ended on September 30, 2008.
Third Quarter 2008 Highlights -- Revenue totaled $4.1 million, down 24.9% from the third quarter of 2007 -- Gross Profits totaled $ 0.9 million, down 39.1% from the third quarter of 2007 -- Operating Income totaled $262,452 down 72.4% from the third quarter of 2007 -- Net Income during the third quarter of 2008 was $401,699, or $0.01 per share
"We are disappointed with our results for the quarter as our revenue, which was 100% generated from specialty chemicals, declined sequentially and year over year primarily due to slower production and sales driven by restrictions placed on the transportation of chemical products during the Beijing Olympics, as well as the temporary halt in our biodiesel production," commented Mr. Tai-ming Ou, Chairman and CEO of China Clean Energy. "Subsequent to the end of the quarter we were very pleased to announce the resumption of our biodiesel production, which may help compensate for slower demand for specialty chemicals due to global slowdown."
Third Quarter 2008 Results
Net revenue for the third quarter of 2008 was $4.1 million, down 24.9% from $5.5 million reported in the third quarter of 2007. Specialty chemical accounted for 100% of total revenue compared to approximately 70.7% in the same period of last year, as the Company's biodiesel production remained temporarily halted during the quarter. The Company shipped 1,989 tons of specialty chemicals in the third quarter of 2008, compared to 3,540 tons in the same period of last year. Exports accounted for 40.0% of the Company's specialty chemicals shipment and 42.0% of revenues in this quarter.
Gross profit for the third quarter of 2008 was $0.9 million, down 39.1% from $1.4 million in the third quarter of 2007. Gross margin for the third quarter of 2008 was 21.2%, down from 26.1% in the same period of last year, and down from 24.8% in second quarter of 2008. The decrease in gross margin was due to the significant increase in feedstock costs which averaged RMB 4,000 per ton in the third quarter of 2008 compared to RMB 2,600 in the comparable period of last year.
Operating expenses totaled $606,078 for the third quarter of 2008, up 27.5% from $475,478 in the third quarter of 2007, and down 1.2% from $613,651 in the second quarter of 2008. General and administrative expenses were up due to expenses related to employee stock based compensation of $251,103 in the quarter, offset by lower marketing and sales expenses resulting from lower export volume.
Operating income was $262,452 with operating margin of 6.4% for the third quarter of 2008 compared to $950,808 and 17.4% in the third quarter of 2007, and $774,802 and 13.6% in the second quarter of 2008 respectively.
During the third quarter of 2008, the Company recorded a tax benefit of $61,074. The Company's Fujian Zhongde Technology Co. Ltd. subsidiary received official approval from the Chinese tax authority for corporate income tax exemption and reduction status. As a result the Company will be subject to the income tax rate of 12% (versus a normal 25% rate) between January 1, 2008 and December 31, 2010.
Net income for the third quarter of 2008 was $401,699 or $0.01 per basic share compared to $834,586 or $0.04 per basic share in the comparable period of last year, and $557,690 or $0.02 per basic and diluted share in the second quarter of 2008.
Nine-Month Results
Revenue for the nine months ended September 30, 2008 was down 5.4% over the comparable period in 2007 to $14.1 million. Gross profit was down 18.3% in the same period to $3.3 million, with gross margin coming in at 23.3%. Operating expenses for the nine months ended September 30, 2008 increased 7.7% to $2.0 million compared from $1.8 million during the same period in 2007. Operating profits in the first nine months of 2008 were down 39.9% over the comparable period in 2007 to $1.3 million, with operating margins coming in at 9.4%. Net income for the nine months ended September 30, 2008 was $1.2 million or $0.04 per basic and diluted shares, compared to $2.0 million or $0.09 per basic and diluted share in the first nine months of 2007. Cash flow from operations for the nine months ended September 30, 2008 totaled $4.2 million, compared to $1.2 million in the comparable period in 2007. Capital expenditures for the nine months ended September 30, 2008 totaled $12 million, which was primarily for additions to the Company's new Jiangyin plant, purchases and advances for equipment, as well as property.
Financial Condition
As of September 30, 2008, China Clean Energy had $6.4 million in total cash, approximately $8.3 million in working capital, and $0.3 million in debt. Shareholder's equity at the end of the third quarter stood at $32.3 million, compared to $14.8 million recorded at the end of 2007.
Business Outlook
The recent drop in commodity prices, combined with an increase in retail and wholesale diesel prices mandated by the Chinese government in June 2008, has allowed China Clean Energy to resume biodiesel production at its existing plant in November 2008. The Company expects to produce about 800 tons of biodiesel per month, which, at current prices and margin structure, is expected to improve results with expected gross profit contribution of 23%.
China Clean Energy expects its new plant to be ready for production start- up in the second quarter of 2009, which will add 100,000 tons capacity of biodiesel or specialty chemicals to its existing capacity. As previously disclosed, the new plant will have the flexibility to produce 100,000 tons of biodiesel per year, or 100,000 tons specialty chemicals per year, or a combination of biodiesel and specialty chemicals for a total output of 100,000 tons per year. Assuming the current margin structure remains unchanged, the Company hopes to produce up to 50,000 tons of biodiesel from the new plant in the second half of 2009. These projections are preliminary and subject to risks including construction delays, operating risks, feedstock availability at economical prices, as well as diesel wholesale price, which is regulated by the Chinese government.
"We remain cautiously optimistic that the margin structure for our biodiesel business will remain stable in the quarters ahead, allowing us to focus our efforts on ramping up our biodiesel production once our new plant comes online to deliver positive results to our shareholders," stated Mr. Ou. "We are currently seeing the impact of the global economic slowdown on the demand for our specialty chemicals both in China and abroad, but we are hopeful that our biodiesel product will make up for the slack in our specialty chemicals business"
Conference Call
China Clean Energy will hold its third quarter conference call for all interested persons at 9:00 a.m. Eastern Time on Monday, November 17, 2008 to discuss its results. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 1-800-688-0796. International callers should dial +1-617-614-4070. When prompted by the operator, mention conference passcode 77660400. If you are unable to participate in the call at this time, a replay will be available for seven days starting on November 17, 2008 at 11:00 a.m. Eastern Time. To access the replay, dial 1-888-286-8010 and International callers should dial +1-617-801-6888 and enter the passcode 68223323.
About China Clean Energy:
China Clean Energy, through its wholly-owned subsidiary, Fujian Zhongde Technology Co., Ltd., is engaged in the development, manufacturing, and distribution of biodiesel fuel and specialty chemical products made from renewable resources. Since its inception, the Company has been engaged in the manufacture of high-quality specialty chemical products from renewable resources. Through its research and development efforts, the Company developed a proprietary process for refining biodiesel fuel from waste grease and certain vegetable oil-based waste. Using this proprietary process, China Clean Energy began producing biodiesel in 2005 and commenced selling biodiesel commercially starting in December 2005.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the availability of raw material feedstock at economical prices to support the profitable operation of the Company's biodiesel and specialty chemical plants; legal and regulatory risks associated with the share exchange; the future trading of the common stock of the Company; the ability of the Company to expand its production capacity; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
Friday, November 14, 2008
CEO of Algae-to-Oil Technology Company, OriginOil, Inc. (OTCBB: OOIL) Reminds Investors of the Bright Future for Advanced Biofuels
CEO of Algae-to-Oil Technology Company, OriginOil, Inc. (OTCBB: OOIL) Reminds Investors of the Bright Future for Advanced Biofuels
POINT ROBERTS, WA --November 14, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company OriginOil, Inc: (OTCBB: OOIL), an algae-to-oil technology company.
The company’s technology is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests. According to the company, growing and harvesting algae on a high volume production basis is the key breakthrough that will allow algae to compete with petroleum.
The US Department of Energy, Energy Efficiency and Renewable Energy reports, “Algal biofuels are generating considerable interest around the world. They may represent a sustainable pathway for helping to meet the U.S. biofuel production targets set by the Energy Independence and Security Act of 2007.” http://www1.eere.energy.gov/biomass/pdfs/algalbiofuels.pdf
Petroleum is a depleting resource. Future sources of oil, the cost of producing it and the price consumers will have to pay for it are extremely uncertain. According to a recent report from the International Energy Agency, “there are growing fears the simultaneous plunge in oil prices and a pullback in spending on exploration and production will result in another massive energy price spike.”
One week earlier, Riggs Eckelberry, President & CEO of OriginOil, Inc. had made the same case. In his presentation to California lawmakers, he noted, “Energy demand is embedded and oil demand will return. If oil investment is neglected now, there will be new scarcity, driving prices much higher.”
“Climate change and CO2 emissions are also driving trends for renewable energy. These factors, as well as future oil shortages, have created excitement in the algae sector, in spite of the recent decline in oil prices”, Mr. Eckelberry went on to state.
“Current trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially – they can and must be altered”, said Nobuo Tanaka, Executive Director of the International Energy Agency. “Rising imports of oil and gas into OECD regions and developing Asia, together with the growing concentration of production in a small number of countries, would increase our susceptibility to supply disruptions and sharp price hikes. At the same time, greenhouse-gas emissions would be driven up inexorably, putting the world on track for an eventual global temperature increase of up to 6°C.”
Company Showcase Profile page: http://www.investorideas.com/co/ooil/
About OriginOil, Inc: (OTCBB: OOIL)
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. www.originoil.com.
About InvestorIdeas.com: One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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: OOIL is a featured showcase company and compensates Investor Ideas $4000 month .www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, OriginOil, Inc: (OTCBB: OOIL)
POINT ROBERTS, WA --November 14, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company OriginOil, Inc: (OTCBB: OOIL), an algae-to-oil technology company.
The company’s technology is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests. According to the company, growing and harvesting algae on a high volume production basis is the key breakthrough that will allow algae to compete with petroleum.
The US Department of Energy, Energy Efficiency and Renewable Energy reports, “Algal biofuels are generating considerable interest around the world. They may represent a sustainable pathway for helping to meet the U.S. biofuel production targets set by the Energy Independence and Security Act of 2007.” http://www1.eere.energy.gov/biomass/pdfs/algalbiofuels.pdf
Petroleum is a depleting resource. Future sources of oil, the cost of producing it and the price consumers will have to pay for it are extremely uncertain. According to a recent report from the International Energy Agency, “there are growing fears the simultaneous plunge in oil prices and a pullback in spending on exploration and production will result in another massive energy price spike.”
One week earlier, Riggs Eckelberry, President & CEO of OriginOil, Inc. had made the same case. In his presentation to California lawmakers, he noted, “Energy demand is embedded and oil demand will return. If oil investment is neglected now, there will be new scarcity, driving prices much higher.”
“Climate change and CO2 emissions are also driving trends for renewable energy. These factors, as well as future oil shortages, have created excitement in the algae sector, in spite of the recent decline in oil prices”, Mr. Eckelberry went on to state.
“Current trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially – they can and must be altered”, said Nobuo Tanaka, Executive Director of the International Energy Agency. “Rising imports of oil and gas into OECD regions and developing Asia, together with the growing concentration of production in a small number of countries, would increase our susceptibility to supply disruptions and sharp price hikes. At the same time, greenhouse-gas emissions would be driven up inexorably, putting the world on track for an eventual global temperature increase of up to 6°C.”
Company Showcase Profile page: http://www.investorideas.com/co/ooil/
About OriginOil, Inc: (OTCBB: OOIL)
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. www.originoil.com.
About InvestorIdeas.com: One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. 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: OOIL is a featured showcase company and compensates Investor Ideas $4000 month .www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, OriginOil, Inc: (OTCBB: OOIL)
Tuesday, November 11, 2008
Investorideas.com Green Investor Podcast Series; Interview with CEO of Solar Company, BrightSource Energy, Inc.
Investorideas.com Green Investor Podcast Series; Interview with CEO of Solar Company, BrightSource Energy, Inc.
POINT ROBERTS, Wash. November 11, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides an audio interview/Podcast with John Woolard, CEO of a private California-based solar energy company called BrightSource Energy.
The Green Investor Audio series, hosted by well- known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, is a series of audio interviews/Podcasts with some of the leading CEO's, investment banking and industry leaders in the sector.
The interview took place at the ACORE conference in New York earlier this year.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Podcast Summary:
An Insider’s Outlook on the Potential for Solar Energy: John Woolard, CEO of a private California-based solar energy company called BrightSource Energy, offers his outlook on solar energy.
Listen to Podcast:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi111108.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About BrightSource Energy, Inc.
BrightSource Energy, Inc. designs, builds, finances and operates utility-scale solar power plants
that deliver clean, low-cost solar energy to utility and industrial customers worldwide at prices
that compete with fossil fuels. BrightSource was formed with seed capital from VantagePoint
Venture Partners, which has increased its investment steadily over time. Privately held,
BrightSource is headquartered in Oakland, California.
Luz II Ltd. is a wholly owned subsidiary of BrightSource Energy, Inc. Based in Israel, Luz II is
responsible for solar technology development, plant design and engineering.
Further information about BrightSource Energy and Luz II may be found at
www.brightsourceenergy.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Submit green, cleantech and renewable energy news & press releases
News is featured on Investorideas.com Newswire, Renewable RSS Feeds, and Greentechinvestor.com & Renewablenergystocks.com - click here
http://www.renewableenergystocks.com/NewsUploader/Default.aspx
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
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
Source – Investorideas.com
POINT ROBERTS, Wash. November 11, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides an audio interview/Podcast with John Woolard, CEO of a private California-based solar energy company called BrightSource Energy.
The Green Investor Audio series, hosted by well- known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, is a series of audio interviews/Podcasts with some of the leading CEO's, investment banking and industry leaders in the sector.
The interview took place at the ACORE conference in New York earlier this year.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Podcast Summary:
An Insider’s Outlook on the Potential for Solar Energy: John Woolard, CEO of a private California-based solar energy company called BrightSource Energy, offers his outlook on solar energy.
Listen to Podcast:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi111108.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About BrightSource Energy, Inc.
BrightSource Energy, Inc. designs, builds, finances and operates utility-scale solar power plants
that deliver clean, low-cost solar energy to utility and industrial customers worldwide at prices
that compete with fossil fuels. BrightSource was formed with seed capital from VantagePoint
Venture Partners, which has increased its investment steadily over time. Privately held,
BrightSource is headquartered in Oakland, California.
Luz II Ltd. is a wholly owned subsidiary of BrightSource Energy, Inc. Based in Israel, Luz II is
responsible for solar technology development, plant design and engineering.
Further information about BrightSource Energy and Luz II may be found at
www.brightsourceenergy.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Submit green, cleantech and renewable energy news & press releases
News is featured on Investorideas.com Newswire, Renewable RSS Feeds, and Greentechinvestor.com & Renewablenergystocks.com - click here
http://www.renewableenergystocks.com/NewsUploader/Default.aspx
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
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
Source – Investorideas.com
Thursday, November 06, 2008
Akeena Solar Announces Third Quarter 2008 Results-second best revenue quarter ever
Akeena Solar Announces Third Quarter 2008 Results
LOS GATOS, Calif., Nov. 6, 2008 -- Akeena Solar, Inc. (NasdaqCM:AKNS - News), a leading designer and installer of solar power systems, today announced results for the third quarter of 2008. ``Akeena bounced back in the third quarter with our second best revenue quarter ever,'' said Barry Cinnamon, president and chief executive officer. ``Revenue rose 31% from last year's third quarter and 50% from the second quarter on the strength of commercial installations. In fact, commercial revenues quadrupled versus the third quarter a year ago and more than doubled from the second quarter as installation crews focused on commercial jobs with year end deadlines.''
``Our transition to Andalay is nearly complete, and demand for our proprietary panels continues to expand in both residential and commercial markets. As a result, we ended the quarter with a record backlog of $16.7 million,'' Cinnamon added. ``With the passage of the ITC, many commercial jobs are progressing to the installation stage. Residential customers are contracting with us now before state rebates decline, then they are simply interconnecting their systems in 2009 so that they are eligible for the uncapped 30% ITC. These factors support our expectation that we will generate revenue growth this year in the range of 30% to 40%, consistent with prior guidance.''
``As we begin planning for 2009 with an uncapped ITC for residential customers, a restoration of the commercial tax credit and new utility opportunities, we're anticipating substantial growth in the U.S. market. We are laying the groundwork for significant sales in the burgeoning utility market now that utilities can take advantage of the 30% ITC. Since our Andalay flat roof system is both light-weight and non-penetrating, it is ideally suited for flat rooftops leased by utilities,'' added Cinnamon. ``Our gross margins are expected to improve as we gain greater operational efficiency with the installation of Andalay and we achieve Andalay cost reductions in the second year of production from our OEM partners. We also expect to reduce our operational expenses in 2009 as we improve our sales and marketing efficiencies, and reduce our customer acquisition costs.''
Cinnamon concluded, ``Worldwide conditions in the solar industry have put us in an enviable position in the solar value chain. Supply of solar modules exceeds demand, especially since manufacturing capacity continues to increase and shipments to Europe have slowed down. As a result, module manufacturers are now looking towards the U.S., which is expected to be the largest worldwide market. There are only three ways to differentiate solar modules: low price (which generally is an unprofitable strategy), high efficiency (which is expensive and technically challenging), or superior aesthetics, reliability and fast installation times. Our patented Andalay technology excels in these latter dimensions, and our current OEM partners Suntech and Kyocera understand these benefits.''
Financial Results
Net sales for the third quarter of 2008 were $10.6 million, an increase of 31% compared to $8.1 million in net sales in the third quarter of 2007 and an increase of 50% compared to $7.1 million of net sales in the second quarter of 2008. Commercial installations in the third quarter of 2008 more than quadrupled over the same quarter last year and more than doubled from the second quarter of 2008. Residential installations were down 10.9% compared to the third quarter of 2007, but increased 16.6% from the second quarter of 2008.
Gross profit for the third quarter 2008 was $1.3 million, or 12.7% of sales, compared to $1.7 million, or 21.0% of sales, in the third quarter of 2007 and compared to $1.0 million, or 14.8% of sales, in the second quarter of 2008. Gross margin declined over the prior year third quarter and from the second quarter due to: a higher mix of commercial installations in the third quarter; liquidation of non-Andalay panels at a 9.7% margin and start-up costs associated with the transition to Andalay for residential installations.
Total operating expenses for the third quarter of 2008 were $6.8 million compared to $5.4 million for the same period last year and $6.2 million in the second quarter of 2008. Compared to the third quarter of 2007, the $1.4 million variance was due to sales-related compensation and higher customer acquisition costs in connection with serving more customers, higher general and administrative expenses including $151,000 in non-recurring costs associated with terminating certain employment agreements and severance and a $297,000 increase in stock-based compensation. Compared to the second quarter of 2008, operating expenses were higher primarily due to $151,000 in non-recurring costs associated with terminating certain employment agreements and severance. Excluding these expenses, stock-based compensation costs and depreciation and amortization, cash operating costs were up $106,000, or 2.0%, from the second quarter of 2008, with sales and marketing expenses up $66,000, or 3.3%, and general and administrative expenses up $40,000, or 1.2%. On this same basis, cash operating expenses were 51.5% of revenue in the third quarter of 2008, down from 75.8% in the second quarter of 2008 and from 55.6% in the third quarter of 2007.
Net loss for the third quarter of 2008 was $5.5 million, or $0.19 per share, compared to a net loss of $3.7 million, or $0.16 per share, in the third quarter of 2007 and a net loss of $5.1 million, or $0.18 per share in the second quarter of 2008.
Installations for the quarter amounted to approximately 1,290 kilowatts compared to approximately 989 kilowatts last year and approximately 854 kilowatts in the second quarter of 2008. Backlog as of September 30, 2008 was $16.7 million.
Outlook
Management continues to anticipate 2008 revenue will increase by 30% to 40% over 2007. With the recent passage of the ITC, management also continues to expect to achieve EBITDA breakeven, adjusted for stock-based compensation expense, in the second half of 2009.
Conference Call Information
Akeena Solar will host an earnings conference call today at 11:00 a.m. Pacific Time (2:00 p.m. Eastern Time) to discuss its third quarter 2008 earnings results. Management will discuss strategy, review quarterly activity, provide industry commentary and answer questions.
The call is being webcast and can be accessed from the ``Investor Relations'' section of the company's website at http://www.akeena.com. If you do not have Internet access, please dial 877-225-1676 (706-643-9669 for international callers). The passcode is 69299817. If you are unable to participate in the call at this time, the webcast will be archived on the company's website. In addition, a telephonic replay will be available for two weeks, beginning two hours after the call. To listen to the replay, in the U.S., please dial 800-642-1687. International callers should dial 706-645-9291. The passcode is 69299817
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installers of residential and commercial solar power systems in the United States. The company's new integrated solar panel system, Andalay, is the only solar panel system with integrated racking, wiring and grounding. Andalay panels offer unprecedented reliability, performance and aesthetics. For more information, visit Akeena Solar's website at http://www.akeena.com.
LOS GATOS, Calif., Nov. 6, 2008 -- Akeena Solar, Inc. (NasdaqCM:AKNS - News), a leading designer and installer of solar power systems, today announced results for the third quarter of 2008. ``Akeena bounced back in the third quarter with our second best revenue quarter ever,'' said Barry Cinnamon, president and chief executive officer. ``Revenue rose 31% from last year's third quarter and 50% from the second quarter on the strength of commercial installations. In fact, commercial revenues quadrupled versus the third quarter a year ago and more than doubled from the second quarter as installation crews focused on commercial jobs with year end deadlines.''
``Our transition to Andalay is nearly complete, and demand for our proprietary panels continues to expand in both residential and commercial markets. As a result, we ended the quarter with a record backlog of $16.7 million,'' Cinnamon added. ``With the passage of the ITC, many commercial jobs are progressing to the installation stage. Residential customers are contracting with us now before state rebates decline, then they are simply interconnecting their systems in 2009 so that they are eligible for the uncapped 30% ITC. These factors support our expectation that we will generate revenue growth this year in the range of 30% to 40%, consistent with prior guidance.''
``As we begin planning for 2009 with an uncapped ITC for residential customers, a restoration of the commercial tax credit and new utility opportunities, we're anticipating substantial growth in the U.S. market. We are laying the groundwork for significant sales in the burgeoning utility market now that utilities can take advantage of the 30% ITC. Since our Andalay flat roof system is both light-weight and non-penetrating, it is ideally suited for flat rooftops leased by utilities,'' added Cinnamon. ``Our gross margins are expected to improve as we gain greater operational efficiency with the installation of Andalay and we achieve Andalay cost reductions in the second year of production from our OEM partners. We also expect to reduce our operational expenses in 2009 as we improve our sales and marketing efficiencies, and reduce our customer acquisition costs.''
Cinnamon concluded, ``Worldwide conditions in the solar industry have put us in an enviable position in the solar value chain. Supply of solar modules exceeds demand, especially since manufacturing capacity continues to increase and shipments to Europe have slowed down. As a result, module manufacturers are now looking towards the U.S., which is expected to be the largest worldwide market. There are only three ways to differentiate solar modules: low price (which generally is an unprofitable strategy), high efficiency (which is expensive and technically challenging), or superior aesthetics, reliability and fast installation times. Our patented Andalay technology excels in these latter dimensions, and our current OEM partners Suntech and Kyocera understand these benefits.''
Financial Results
Net sales for the third quarter of 2008 were $10.6 million, an increase of 31% compared to $8.1 million in net sales in the third quarter of 2007 and an increase of 50% compared to $7.1 million of net sales in the second quarter of 2008. Commercial installations in the third quarter of 2008 more than quadrupled over the same quarter last year and more than doubled from the second quarter of 2008. Residential installations were down 10.9% compared to the third quarter of 2007, but increased 16.6% from the second quarter of 2008.
Gross profit for the third quarter 2008 was $1.3 million, or 12.7% of sales, compared to $1.7 million, or 21.0% of sales, in the third quarter of 2007 and compared to $1.0 million, or 14.8% of sales, in the second quarter of 2008. Gross margin declined over the prior year third quarter and from the second quarter due to: a higher mix of commercial installations in the third quarter; liquidation of non-Andalay panels at a 9.7% margin and start-up costs associated with the transition to Andalay for residential installations.
Total operating expenses for the third quarter of 2008 were $6.8 million compared to $5.4 million for the same period last year and $6.2 million in the second quarter of 2008. Compared to the third quarter of 2007, the $1.4 million variance was due to sales-related compensation and higher customer acquisition costs in connection with serving more customers, higher general and administrative expenses including $151,000 in non-recurring costs associated with terminating certain employment agreements and severance and a $297,000 increase in stock-based compensation. Compared to the second quarter of 2008, operating expenses were higher primarily due to $151,000 in non-recurring costs associated with terminating certain employment agreements and severance. Excluding these expenses, stock-based compensation costs and depreciation and amortization, cash operating costs were up $106,000, or 2.0%, from the second quarter of 2008, with sales and marketing expenses up $66,000, or 3.3%, and general and administrative expenses up $40,000, or 1.2%. On this same basis, cash operating expenses were 51.5% of revenue in the third quarter of 2008, down from 75.8% in the second quarter of 2008 and from 55.6% in the third quarter of 2007.
Net loss for the third quarter of 2008 was $5.5 million, or $0.19 per share, compared to a net loss of $3.7 million, or $0.16 per share, in the third quarter of 2007 and a net loss of $5.1 million, or $0.18 per share in the second quarter of 2008.
Installations for the quarter amounted to approximately 1,290 kilowatts compared to approximately 989 kilowatts last year and approximately 854 kilowatts in the second quarter of 2008. Backlog as of September 30, 2008 was $16.7 million.
Outlook
Management continues to anticipate 2008 revenue will increase by 30% to 40% over 2007. With the recent passage of the ITC, management also continues to expect to achieve EBITDA breakeven, adjusted for stock-based compensation expense, in the second half of 2009.
Conference Call Information
Akeena Solar will host an earnings conference call today at 11:00 a.m. Pacific Time (2:00 p.m. Eastern Time) to discuss its third quarter 2008 earnings results. Management will discuss strategy, review quarterly activity, provide industry commentary and answer questions.
The call is being webcast and can be accessed from the ``Investor Relations'' section of the company's website at http://www.akeena.com. If you do not have Internet access, please dial 877-225-1676 (706-643-9669 for international callers). The passcode is 69299817. If you are unable to participate in the call at this time, the webcast will be archived on the company's website. In addition, a telephonic replay will be available for two weeks, beginning two hours after the call. To listen to the replay, in the U.S., please dial 800-642-1687. International callers should dial 706-645-9291. The passcode is 69299817
About Akeena Solar, Inc.
Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national installers of residential and commercial solar power systems in the United States. The company's new integrated solar panel system, Andalay, is the only solar panel system with integrated racking, wiring and grounding. Andalay panels offer unprecedented reliability, performance and aesthetics. For more information, visit Akeena Solar's website at http://www.akeena.com.
Tuesday, November 04, 2008
Juhl Wind Acquires Next Generation Power Systems
Juhl Wind Acquires Next Generation Power Systems
WOODSTOCK, Minn.--Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced that it has completed its acquisition of Next Generation Power Systems – a company that specializes in community scale wind turbine and solar systems. The acquisition of Next Generation Power Systems (“NextGen”) brings smaller wind turbine and solar expertise to Juhl Wind to enhance and expand its existing community wind power product and service offerings.
“The acquisition of Next Generation Power Systems is a perfect fit for Juhl Wind,” stated Dan Juhl, CEO of Juhl Wind. “NextGen extends our area of expertise into smaller scale community wind and solar projects - which is an area practically untouched by the wind development industry and an area in which we continue to pick up business. For example, NextGen wind turbine systems have been applied directly to serve large farming and livestock operations and NextGen’s solar systems have been installed at residential sites, a municipal utility application and bank branches. Both types of systems are designed to serve a wide spectrum of applications from farming to commercial sites to universities and other institutions.” Additional information on Next Generation Power Systems can be found at www.nexgenpowersystems.com.
“As we announced recently, we are experiencing strong growth in our university and college business along with other site-specific government and commercial customer projects,” added John Mitola, President of Juhl Wind. “NextGen extends our service offerings to better serve this area of our business with smaller wind turbines and now, solar systems. Given that the U.S. bailout package included an extension of solar tax credits and a lifting of any caps on such credits, we believe we will be matching solar systems more frequently with our wind systems for these types of customers.”
Juhl Wind acquired Next Generation Power Systems for 92,143 shares of unregistered Juhl Wind common stock, valued at $3.50 per share. The transaction also included Juhl Wind’s purchase of a commercial building in Pipestone, Minnesota, from a related company, Next Generation Power Properties, for a purchase price of $144,000 payable by delivery of an aggregate of 41,070 unregistered common shares in Juhl Wind allocated among certain selling shareholders (who are also NextGen selling shareholders). Therefore, the amount of stock the sellers of NextGen and Next Generation Power Properties obtained in Juhl Wind is 133,213 shares – or less than 1% of Juhl Wind’s total outstanding stock. Dan Juhl, one of the owners of NextGen and Next Generation Power Properties, contributed his shares from both of the selling companies in the transaction at no additional cost to Juhl Wind. In 2007, Next Generation Power Systems generated approximately $850,000 in revenue and is expected to see solid growth in 2009. The NextGen financial results will only be included in Juhl Wind’s fourth quarter financial results for 2008.
“The acquisition of NextGen was always part of our plan to expand our business rapidly after going public,” continued Dan Juhl. “We think this sends a strong message that we want to be the leader in the community energy and small scale wind/solar arena. The growth opportunities in this sector are enormous and there are very few, credible entities with the capabilities that are brought to customers by Juhl Wind. Going forward, we will continue to consider opportunities to expand our business and will certainly be opportunistic when the right strategic fit presents itself. This acquisition demonstrates our wherewithal to get deals done to expand our business in the right way.”
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 11 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its acquisition of Next Generation Power Systems, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL.OB. Additional information is available at the Company’s website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind’s current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “hope,” or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind’s actual results, performance, prospects or opportunities in the remainder of 2008 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks are referenced in Juhl Wind’s current 8K or as may be described from time to time in Juhl Wind’s subsequent SEC filings; and such factors as incorporated by reference.
Contacts
Juhl Wind Investor RelationsJody Janson, 888-438-JUHL (5845)iStockDaily, Inc.Fax: 585-232-5457Email: jody@istockdaily.com
WOODSTOCK, Minn.--Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced that it has completed its acquisition of Next Generation Power Systems – a company that specializes in community scale wind turbine and solar systems. The acquisition of Next Generation Power Systems (“NextGen”) brings smaller wind turbine and solar expertise to Juhl Wind to enhance and expand its existing community wind power product and service offerings.
“The acquisition of Next Generation Power Systems is a perfect fit for Juhl Wind,” stated Dan Juhl, CEO of Juhl Wind. “NextGen extends our area of expertise into smaller scale community wind and solar projects - which is an area practically untouched by the wind development industry and an area in which we continue to pick up business. For example, NextGen wind turbine systems have been applied directly to serve large farming and livestock operations and NextGen’s solar systems have been installed at residential sites, a municipal utility application and bank branches. Both types of systems are designed to serve a wide spectrum of applications from farming to commercial sites to universities and other institutions.” Additional information on Next Generation Power Systems can be found at www.nexgenpowersystems.com.
“As we announced recently, we are experiencing strong growth in our university and college business along with other site-specific government and commercial customer projects,” added John Mitola, President of Juhl Wind. “NextGen extends our service offerings to better serve this area of our business with smaller wind turbines and now, solar systems. Given that the U.S. bailout package included an extension of solar tax credits and a lifting of any caps on such credits, we believe we will be matching solar systems more frequently with our wind systems for these types of customers.”
Juhl Wind acquired Next Generation Power Systems for 92,143 shares of unregistered Juhl Wind common stock, valued at $3.50 per share. The transaction also included Juhl Wind’s purchase of a commercial building in Pipestone, Minnesota, from a related company, Next Generation Power Properties, for a purchase price of $144,000 payable by delivery of an aggregate of 41,070 unregistered common shares in Juhl Wind allocated among certain selling shareholders (who are also NextGen selling shareholders). Therefore, the amount of stock the sellers of NextGen and Next Generation Power Properties obtained in Juhl Wind is 133,213 shares – or less than 1% of Juhl Wind’s total outstanding stock. Dan Juhl, one of the owners of NextGen and Next Generation Power Properties, contributed his shares from both of the selling companies in the transaction at no additional cost to Juhl Wind. In 2007, Next Generation Power Systems generated approximately $850,000 in revenue and is expected to see solid growth in 2009. The NextGen financial results will only be included in Juhl Wind’s fourth quarter financial results for 2008.
“The acquisition of NextGen was always part of our plan to expand our business rapidly after going public,” continued Dan Juhl. “We think this sends a strong message that we want to be the leader in the community energy and small scale wind/solar arena. The growth opportunities in this sector are enormous and there are very few, credible entities with the capabilities that are brought to customers by Juhl Wind. Going forward, we will continue to consider opportunities to expand our business and will certainly be opportunistic when the right strategic fit presents itself. This acquisition demonstrates our wherewithal to get deals done to expand our business in the right way.”
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 11 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its acquisition of Next Generation Power Systems, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL.OB. Additional information is available at the Company’s website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind’s current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “hope,” or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind’s actual results, performance, prospects or opportunities in the remainder of 2008 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks are referenced in Juhl Wind’s current 8K or as may be described from time to time in Juhl Wind’s subsequent SEC filings; and such factors as incorporated by reference.
Contacts
Juhl Wind Investor RelationsJody Janson, 888-438-JUHL (5845)iStockDaily, Inc.Fax: 585-232-5457Email: jody@istockdaily.com
RenewableEnergyStocks.com Updates Directory of Renewable Energy and Green Stocks; Global Solar Stocks, Wind Stocks, Biofuels and More
RenewableEnergyStocks.com Updates Directory of Renewable Energy and Green Stocks; Global Solar Stocks, Wind Stocks, Biofuels and More
POINT ROBERTS, WA and DELTA, BC –November 5 , 2008 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, has updated its directory of publicly traded stocks in the sector.
Renewableenergysstocks.com was one of the first online investor resources providing in-depth information on renewable energy and the public companies in the sector.
Renewable Energy Stock Directory – Visit here
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges reflecting the global participation and growth in renewable energy and green stocks.
The renewable energy portal provides a valuable resource for investors and alternative energy public companies and industry participants. RenewableEnergyStocks.com® features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.
The RenewableEnergyStocks.com portal currently features a directory with 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.
The complete directory is restricted to access by Investorideas.com members.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investorideas.com Green Investor Awareness:
Green and Renewable Companies can gain exposure in the sector by becoming a featured green showcase company or submitting news to the Investorideas.com hub.
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites! Submit News
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
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 companies, news submissions and online advertising. XsunX compensate the website $5000 per month. www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com
POINT ROBERTS, WA and DELTA, BC –November 5 , 2008 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, has updated its directory of publicly traded stocks in the sector.
Renewableenergysstocks.com was one of the first online investor resources providing in-depth information on renewable energy and the public companies in the sector.
Renewable Energy Stock Directory – Visit here
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges reflecting the global participation and growth in renewable energy and green stocks.
The renewable energy portal provides a valuable resource for investors and alternative energy public companies and industry participants. RenewableEnergyStocks.com® features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.
The RenewableEnergyStocks.com portal currently features a directory with 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.
The complete directory is restricted to access by Investorideas.com members.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investorideas.com Green Investor Awareness:
Green and Renewable Companies can gain exposure in the sector by becoming a featured green showcase company or submitting news to the Investorideas.com hub.
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites! Submit News
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
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 companies, news submissions and online advertising. XsunX compensate the website $5000 per month. www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com
Renewable Energy Stocks Sector Close-UP; Renewable Energy Stocks Trading Up in Anticipation of an Obama Win?
Renewable Energy Stocks Sector Close-UP; Renewable Energy Stocks Trading Up in Anticipation of an Obama Win?
POINT ROBERTS, WA and DELTA, BC—November 4, 2008 -- http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks and the recent trading activity pending the election. As the sector trades up, two experts comment on the future of renewable energy.
According to solar expert Peter Lynch, feature writer of the Renewable and Solar Energy Perspectives at Investorideas.com http://www.renewableenergystocks.com/PL/ ,
"Senator Obama truly understands that energy is the greatest problem that he will face as President. He realizes that the age of oil and fossil fuels are drawing to a necessary close. He also realizes that Global Warming is one of the greatest hazards of our time. Most thinking people realize this too, but to date, we have had no leadership capable of leading the world in a new direction. As President Obama can be this leader, he will be the catalyst for the dawn of the solar revolution.”
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) comments , “ Like a rubber band that's been stretched quite far, the fact the U.S. fell behind other nations in clean energy the past eight years now looks like it may snap back the other way. Combining a fresh new White House outlook that's positive on green jobs, with a Congress led by a pro-renewable outlook in the House and possibly even 60 vote majority in the Senate means new thinking becomes possible. Old dominance by fossil fuels may even wane: the many harms from coal and oil for instance might be treated for the first time as the problems they are. And better energy independence too could be taken seriously. Whether by cap and trade, or a carbon tax, those carbon laden fuels may even help generate the revenues for new U.S. clean energy, and green jobs here at home.”
Solar Stocks Sector Close-Up as of Trading November 3, 2008:
First Solar, Inc. (NASDAQ:FSLR) (Market, News) closed up $18.21 (12.67%).
Akeena Solar Inc. (NASDAQ:AKNS) was up$ 0.20 (7.12%)
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed up 0.90 (23.75%)
LDK Solar ADR (LDK) (Market, News) increased $4.22 (23.20%)
SunPower Corporation (SPWRA) (Market, News ) spiked $5.02 (12.85%)
Clear Skies Solar Inc. (OTCBB: CSKH) was up $0.05 (16.67%)
Ascent Solar Technologies, Inc. (NASDAQ: ASTI) was up $0.68 (13.08%)
Yingli Green Energy (YGE) was up $0.99 (18.79%)
The WilderHill Clean Energy Index (^ECO) was up 4.31 (4.22%).
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
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 companies, news submissions and online advertising. XsunX compensate the website $5000 per month. www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, WilderHill Clean Energy Index
POINT ROBERTS, WA and DELTA, BC—November 4, 2008 -- http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks and the recent trading activity pending the election. As the sector trades up, two experts comment on the future of renewable energy.
According to solar expert Peter Lynch, feature writer of the Renewable and Solar Energy Perspectives at Investorideas.com http://www.renewableenergystocks.com/PL/ ,
"Senator Obama truly understands that energy is the greatest problem that he will face as President. He realizes that the age of oil and fossil fuels are drawing to a necessary close. He also realizes that Global Warming is one of the greatest hazards of our time. Most thinking people realize this too, but to date, we have had no leadership capable of leading the world in a new direction. As President Obama can be this leader, he will be the catalyst for the dawn of the solar revolution.”
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) comments , “ Like a rubber band that's been stretched quite far, the fact the U.S. fell behind other nations in clean energy the past eight years now looks like it may snap back the other way. Combining a fresh new White House outlook that's positive on green jobs, with a Congress led by a pro-renewable outlook in the House and possibly even 60 vote majority in the Senate means new thinking becomes possible. Old dominance by fossil fuels may even wane: the many harms from coal and oil for instance might be treated for the first time as the problems they are. And better energy independence too could be taken seriously. Whether by cap and trade, or a carbon tax, those carbon laden fuels may even help generate the revenues for new U.S. clean energy, and green jobs here at home.”
Solar Stocks Sector Close-Up as of Trading November 3, 2008:
First Solar, Inc. (NASDAQ:FSLR) (Market, News) closed up $18.21 (12.67%).
Akeena Solar Inc. (NASDAQ:AKNS) was up$ 0.20 (7.12%)
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed up 0.90 (23.75%)
LDK Solar ADR (LDK) (Market, News) increased $4.22 (23.20%)
SunPower Corporation (SPWRA) (Market, News ) spiked $5.02 (12.85%)
Clear Skies Solar Inc. (OTCBB: CSKH) was up $0.05 (16.67%)
Ascent Solar Technologies, Inc. (NASDAQ: ASTI) was up $0.68 (13.08%)
Yingli Green Energy (YGE) was up $0.99 (18.79%)
The WilderHill Clean Energy Index (^ECO) was up 4.31 (4.22%).
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory.
Learn more: - click here http://www.investorideas.com/membership/
Peter Lynch RSS Feed: http://www.investorideas.com/RSS/feeds/PL.xml, Renewable Energy and GreenTech Business and Stock News RSS Feed: http://www.investorideas.com/RSS/feeds/RES.xml
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 companies, news submissions and online advertising. XsunX compensate the website $5000 per month. www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, WilderHill Clean Energy Index
Monday, November 03, 2008
VeraSun Energy Corporation Launches Chapter 11 Case to Enhance Liquidity While It ReorganizesFriday October 31, 10:00 pm ET Production Facilities Expected to Continue Operations
SIOUX FALLS, S.D., Oct. 31 -- VeraSun Energy Corporation (NYSE: VSE - News), one of the nation's largest ethanol producers announced today the Company and 24 of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to enhance liquidity while they reorganize.ADVERTISEMENT The filing was precipitated by a series of events that led to a contraction in VeraSun's liquidity, impairing its ability to operate its business and invest in production facilities. The Company suffered significant losses in the third quarter of 2008 from a dramatic spike in its corn costs, reflecting in part costs attributable to its corn procurement and hedging arrangements, and historically unfavorable margins. Beginning in the third quarter, worsening capital market conditions and a tightening of trade credit resulted in severe constraints on the Company's liquidity position. Faced with these constraints, VeraSun and 24 of its subsidiaries filed their chapter 11 petitions to facilitate access to additional liquidity while they reorganize to take better advantage of VeraSun's position as one of the nation's largest producers of ethanol.
Company Intends To Maintain Operations
During the chapter 11 proceedings, VeraSun plans to resume normal operations. The Company has taken steps to ensure continued supply of product to its customers and to fulfill all customer obligations. In that regard, VeraSun is working closely with its lenders and expects to reach an agreement before the "first day" hearing on Monday for additional committed financing to provide adequate liquidity to fund operations in the normal course.
The Company expects that it will not scale back its purchases of raw materials, and corn and other suppliers will continue to be paid in full for all goods and services furnished after the filing date as required by the Bankruptcy Code. The Company has also sought authority from the bankruptcy court to pay for goods delivered to the Company on or after October 11, 2008.
VeraSun has also requested the bankruptcy court's approval to continue to pay employees in the ordinary course without interruption, and expects the request to be granted as part of the court's "first day" orders.
"Today's filing allows VeraSun to address its short-term liquidity constraints as we navigate historically challenging market conditions while we focus on restructuring to address the company's long-term future," Don Endres CEO said. "We appreciate the loyalty of our employees, customers and suppliers during this challenging time."
About VeraSun Energy Corporation
VeraSun Energy Corp. (NYSE: VSE - News), headquartered in Sioux Falls, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which one is still under construction. VeraSun Energy is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than 5 million tons of distillers grains by the end of 2008.
VeraSun also markets E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuel retailers under the brand VE85®. For more information, please visit VeraSun Energy's websites at http://www.verasun.com or http://www.VE85.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In particular, statements by VeraSun and its subsidiaries (the "Company") regarding future events and developments and the Company's future performance, including statements regarding proceedings relating to the Company's petitions for relief under Chapter 11 of Title 11 of the United States Code and the Company's operations and funding during the chapter 11 process, as well as other statements of management's expectations, anticipations, beliefs, plans, intentions, targets, estimates, or projections and similar expressions relating to the future, are forward-looking statements within the meaning of these laws. Forward-looking statements in some cases can be identified by their being preceded by, followed by or containing words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target" and other similar expressions. Forward-looking statements are based on assumptions and assessments made by the Company's management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Any forward-looking statements are not guarantees of the Company's future performance and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements. Except as required by law, the Company undertakes no obligation to update any forward-looking statements.
Some of the factors that may cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements include the following: the ability of the Company to continue as a going concern; the ability of the Company to obtain debtor-in-possession financing and to operate pursuant to the terms of any debtor-in-possession financing; the Company's ability to obtain court approval with respect to motions in the chapter 11 proceeding prosecuted by it from time to time, including approval of motions relating to the priority of the lender's security interest under any debtor-in-possession financing; the ability of the Company to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the chapter 11 cases; risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan; the ability of the Company to attract, motivate and/or retain key executives and employees; the ability of the Company to attract and retain customers; the volatility and uncertainty of corn, natural gas, ethanol, unleaded gasoline and other commodities prices; the Company's ability to generate sufficient liquidity to fund its operations and capital expenditures; the results of the Company's hedging transactions and other risk mitigation strategies; risk of potential goodwill and other intangible impairment; operational disruptions at the Company's facilities; the effects of vigorous competition and excess capacity in the industries in which the Company operates; the costs and business risks associated with developing new products and entering new markets; the development of infrastructure related to the sale and distribution of ethanol; the effects of other mergers and consolidations in the biofuels industry and unexpected announcements or developments from others in the biofuels industry; the uncertainties related to the Company's acquisitions of US BioEnergy Corporation, ASA OpCo Holdings, LLC and other businesses, including the Company's ability to achieve the expected benefits from these acquisitions; the impact of any new, emerging and competing technologies on the Company's business; the possibility of one or more of the markets in which the Company competes being impacted by political, legal and regulatory changes or other external factors over which the Company has no control; changes in or elimination of governmental laws, credits, tariffs, trade or other controls or enforcement practices; the impact of any potential Renewable Fuel Standards waiver; the Company's ability to comply with various environmental, health, and safety laws and regulations; the success of the Company's marketing and sales efforts; the Company's reliance on key management personnel; the Company's ability to secure additional financing; the volatility of the market price of VeraSun's stock; the Company's ability to implement additional financial and management controls, reporting systems and procedures and continue to comply with Section 404 of the Sarbanes-Oxley Act, as amended; and the risk factors described in VeraSun's filings with the Securities and Exchange Commission, including the prospectus supplement filed on September 16, 2008. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various pre-petition liabilities and VeraSun's common stock. No assurance can be given as to what values, if any, will be ascribed in the chapter 11 proceeding to each of these constituencies. Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities.
VeraSun Contacts: Media: Mike Lockrem 605-978-7055 mlockrem@verasun.com
Investors: Patty Dickerson 605-978-7137 pdickerson@verasun.com
--------------------------------------------------------------------------------Source: VeraSun Energy Corporation
SIOUX FALLS, S.D., Oct. 31 -- VeraSun Energy Corporation (NYSE: VSE - News), one of the nation's largest ethanol producers announced today the Company and 24 of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to enhance liquidity while they reorganize.ADVERTISEMENT The filing was precipitated by a series of events that led to a contraction in VeraSun's liquidity, impairing its ability to operate its business and invest in production facilities. The Company suffered significant losses in the third quarter of 2008 from a dramatic spike in its corn costs, reflecting in part costs attributable to its corn procurement and hedging arrangements, and historically unfavorable margins. Beginning in the third quarter, worsening capital market conditions and a tightening of trade credit resulted in severe constraints on the Company's liquidity position. Faced with these constraints, VeraSun and 24 of its subsidiaries filed their chapter 11 petitions to facilitate access to additional liquidity while they reorganize to take better advantage of VeraSun's position as one of the nation's largest producers of ethanol.
Company Intends To Maintain Operations
During the chapter 11 proceedings, VeraSun plans to resume normal operations. The Company has taken steps to ensure continued supply of product to its customers and to fulfill all customer obligations. In that regard, VeraSun is working closely with its lenders and expects to reach an agreement before the "first day" hearing on Monday for additional committed financing to provide adequate liquidity to fund operations in the normal course.
The Company expects that it will not scale back its purchases of raw materials, and corn and other suppliers will continue to be paid in full for all goods and services furnished after the filing date as required by the Bankruptcy Code. The Company has also sought authority from the bankruptcy court to pay for goods delivered to the Company on or after October 11, 2008.
VeraSun has also requested the bankruptcy court's approval to continue to pay employees in the ordinary course without interruption, and expects the request to be granted as part of the court's "first day" orders.
"Today's filing allows VeraSun to address its short-term liquidity constraints as we navigate historically challenging market conditions while we focus on restructuring to address the company's long-term future," Don Endres CEO said. "We appreciate the loyalty of our employees, customers and suppliers during this challenging time."
About VeraSun Energy Corporation
VeraSun Energy Corp. (NYSE: VSE - News), headquartered in Sioux Falls, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which one is still under construction. VeraSun Energy is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than 5 million tons of distillers grains by the end of 2008.
VeraSun also markets E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuel retailers under the brand VE85®. For more information, please visit VeraSun Energy's websites at http://www.verasun.com or http://www.VE85.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In particular, statements by VeraSun and its subsidiaries (the "Company") regarding future events and developments and the Company's future performance, including statements regarding proceedings relating to the Company's petitions for relief under Chapter 11 of Title 11 of the United States Code and the Company's operations and funding during the chapter 11 process, as well as other statements of management's expectations, anticipations, beliefs, plans, intentions, targets, estimates, or projections and similar expressions relating to the future, are forward-looking statements within the meaning of these laws. Forward-looking statements in some cases can be identified by their being preceded by, followed by or containing words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target" and other similar expressions. Forward-looking statements are based on assumptions and assessments made by the Company's management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Any forward-looking statements are not guarantees of the Company's future performance and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements. Except as required by law, the Company undertakes no obligation to update any forward-looking statements.
Some of the factors that may cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements include the following: the ability of the Company to continue as a going concern; the ability of the Company to obtain debtor-in-possession financing and to operate pursuant to the terms of any debtor-in-possession financing; the Company's ability to obtain court approval with respect to motions in the chapter 11 proceeding prosecuted by it from time to time, including approval of motions relating to the priority of the lender's security interest under any debtor-in-possession financing; the ability of the Company to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the chapter 11 cases; risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan; the ability of the Company to attract, motivate and/or retain key executives and employees; the ability of the Company to attract and retain customers; the volatility and uncertainty of corn, natural gas, ethanol, unleaded gasoline and other commodities prices; the Company's ability to generate sufficient liquidity to fund its operations and capital expenditures; the results of the Company's hedging transactions and other risk mitigation strategies; risk of potential goodwill and other intangible impairment; operational disruptions at the Company's facilities; the effects of vigorous competition and excess capacity in the industries in which the Company operates; the costs and business risks associated with developing new products and entering new markets; the development of infrastructure related to the sale and distribution of ethanol; the effects of other mergers and consolidations in the biofuels industry and unexpected announcements or developments from others in the biofuels industry; the uncertainties related to the Company's acquisitions of US BioEnergy Corporation, ASA OpCo Holdings, LLC and other businesses, including the Company's ability to achieve the expected benefits from these acquisitions; the impact of any new, emerging and competing technologies on the Company's business; the possibility of one or more of the markets in which the Company competes being impacted by political, legal and regulatory changes or other external factors over which the Company has no control; changes in or elimination of governmental laws, credits, tariffs, trade or other controls or enforcement practices; the impact of any potential Renewable Fuel Standards waiver; the Company's ability to comply with various environmental, health, and safety laws and regulations; the success of the Company's marketing and sales efforts; the Company's reliance on key management personnel; the Company's ability to secure additional financing; the volatility of the market price of VeraSun's stock; the Company's ability to implement additional financial and management controls, reporting systems and procedures and continue to comply with Section 404 of the Sarbanes-Oxley Act, as amended; and the risk factors described in VeraSun's filings with the Securities and Exchange Commission, including the prospectus supplement filed on September 16, 2008. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various pre-petition liabilities and VeraSun's common stock. No assurance can be given as to what values, if any, will be ascribed in the chapter 11 proceeding to each of these constituencies. Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities.
VeraSun Contacts: Media: Mike Lockrem 605-978-7055 mlockrem@verasun.com
Investors: Patty Dickerson 605-978-7137 pdickerson@verasun.com
--------------------------------------------------------------------------------Source: VeraSun Energy Corporation
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