Be ready for Investing in 2009 with Water Stocks Directory, Renewable Energy Stocks Directory
POINT ROBERTS, Wash., Delta B.C., December 29, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides independent investors access to research tools for making investment decisions moving into 2009 with a new Obama administration.
With Obama’s mandate for renewable energy and infrastructure spending and job creation, investors researching the sectors can use the stock directories and resources at Investorideas.com to make their investment decisions.
Investors in Biotech are also anticipating an upbeat year in the sector in 2009. Investor Ideas has just added the updated Biotech Stocks Directory to the growing list of tools and resources for members.
Investorideas.com has upgraded memberships to include access to restricted content at the Water Stocks Directory, Renewable Energy Stocks Directory and the most recent addition; the Biotech Stocks Directory.
Investor Ideas research tools empower independent investors to facilitate their own research. The
Stock directories are also a useful tool for brokers, institutions and funds in the relative sectors.
The water stocks directory is part of the content at the Water-stocks.com portal at Investorideas.com that also features the Investing in Water Podcast.
Water stocks directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
The complete renewable energy stocks directory is now members only access page.
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and recently added Green Infrastructure Stocks.
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.
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Monday, December 29, 2008
Tuesday, December 23, 2008
First Solar Completes 10MW Thin Film Solar Power Plant for Sempra Generation
First Solar Completes 10MW Thin Film Solar Power Plant for Sempra Generation
TEMPE, Ariz.--Dec 22 2008 - First Solar, Inc. (Nasdaq: FSLR) today announced the completion of its first 10 megawatt (MW) ground-mounted photovoltaic power plant for Sempra Generation near Boulder City, Nevada. This project is the largest thin film solar power plant in North America. First Solar served as the engineering, procurement and construction (EPC) contractor for this PV power plant and will provide monitoring and maintenance services for the plant over its lifetime. This project was constructed in less than six months.
The project was developed by Sempra Generation, which will own and operate the PV power plant. First Solar constructed the 10 MW PV power plant adjacent to Sempra’s existing 480 MW El Dorado Energy power plant about 40 miles southeast of Las Vegas. The solar modules deployed in this ground-mount project were produced at First Solar's manufacturing facility in Perrysburg, Ohio.
First Solar is the world’s leading supplier of thin film PV modules, stemming largely from the superior product design and unique semiconductor technology that makes First Solar modules the most cost-effective on the market. Underlying First Solar’s success is a commitment to product life cycle management, as illustrated by the solar industry’s first comprehensive module collection and recycling program. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment.
“The build out of this 10MW solar power plant from start to finish in less than six months marks the successful completion of our first utility scale EPC project,” said John Carrington, First Solar executive vice president marketing and business development. “We applaud Sempra’s commitment to expand their renewable energy portfolio—investing in clean energy infrastructure while creating green jobs and addressing climate change and energy independence.”
“This is a significant step in the development and deployment of renewable solar power,” said Michael W. Allman, president and chief executive officer of Sempra Generation. “It reflects the commitment by Sempra Generation and western U.S. utilities to meet the challenges posed by climate change with reliable, renewable energy. The size and scope of this new solar generation facility clearly demonstrates that we can build projects on a scale that helps utilities meet their renewable energy goals.”
About First Solar
First Solar, Inc. (Nasdaq: FSLR) manufactures solar modules with an advanced thin film semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.Lisa Morse602-414-9361lmorse@firstsolar.com
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TEMPE, Ariz.--Dec 22 2008 - First Solar, Inc. (Nasdaq: FSLR) today announced the completion of its first 10 megawatt (MW) ground-mounted photovoltaic power plant for Sempra Generation near Boulder City, Nevada. This project is the largest thin film solar power plant in North America. First Solar served as the engineering, procurement and construction (EPC) contractor for this PV power plant and will provide monitoring and maintenance services for the plant over its lifetime. This project was constructed in less than six months.
The project was developed by Sempra Generation, which will own and operate the PV power plant. First Solar constructed the 10 MW PV power plant adjacent to Sempra’s existing 480 MW El Dorado Energy power plant about 40 miles southeast of Las Vegas. The solar modules deployed in this ground-mount project were produced at First Solar's manufacturing facility in Perrysburg, Ohio.
First Solar is the world’s leading supplier of thin film PV modules, stemming largely from the superior product design and unique semiconductor technology that makes First Solar modules the most cost-effective on the market. Underlying First Solar’s success is a commitment to product life cycle management, as illustrated by the solar industry’s first comprehensive module collection and recycling program. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment.
“The build out of this 10MW solar power plant from start to finish in less than six months marks the successful completion of our first utility scale EPC project,” said John Carrington, First Solar executive vice president marketing and business development. “We applaud Sempra’s commitment to expand their renewable energy portfolio—investing in clean energy infrastructure while creating green jobs and addressing climate change and energy independence.”
“This is a significant step in the development and deployment of renewable solar power,” said Michael W. Allman, president and chief executive officer of Sempra Generation. “It reflects the commitment by Sempra Generation and western U.S. utilities to meet the challenges posed by climate change with reliable, renewable energy. The size and scope of this new solar generation facility clearly demonstrates that we can build projects on a scale that helps utilities meet their renewable energy goals.”
About First Solar
First Solar, Inc. (Nasdaq: FSLR) manufactures solar modules with an advanced thin film semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.Lisa Morse602-414-9361lmorse@firstsolar.com
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Monday, December 22, 2008
Green Plains Renewable Energy, Inc. Announces Appointment of New Chief Executive
Green Plains Renewable Energy, Inc. Announces Appointment of New Chief Executive
OMAHA, NE--Dec 22, 2008 -- President and Chief Operating Officer Todd A. Becker has been named Chief Executive Officer of Green Plains Renewable Energy, Inc. (NasdaqGM:GPRE - News), effective January 1, 2009. Wayne B. Hoovestol, current Chairman and Chief Executive Officer, will remain as Chairman. Becker's appointment is consistent with the previously-announced transition plan following the closing of the merger with VBV LLC and its subsidiaries on October 15, 2008.
"In accepting the role of Chief Executive Officer," said Becker, "I am fortunate to be building upon a solid foundation and clear direction established by Wayne. Wayne's leadership moved Green Plains from construction and development of our ethanol plants to profitable operations and through several strategic acquisitions. Green Plains is establishing itself as a vertically-integrated, low-cost producer. We have a strong balance sheet and committed core of investors. My goal is to leverage these strengths to take advantage of new opportunities in the renewable energy space."
Becker joined Green Plains as President and Chief Operating Officer following completion of the VBV merger. He previously served as VBV's Chief Executive Officer and as Executive Vice President of Sales and Trading of Global Ethanol. Becker has more than 20 years of executive experience in agribusiness and renewable energy. He spent 10 years with ConAgra Foods in various management positions, including Vice President of International Marketing for ConAgra Trade Group and President of ConAgra Grain Canada.
"Todd is a talented executive with extensive experience running commodity-based businesses," said Hoovestol. "The Company has grown tremendously, and Becker has the skill, knowledge and know-how to lead Green Plains in the future."
"Ethanol is clean and green," continued Hoovestol. "And, ethanol is here, now, to help this nation address the critical issues of energy independence, climate change and economic stimulus. Green Plains is positioned to be an industry consolidator."
"Since the VBV merger closed, Mr. Becker has helped assemble a management team with risk management and operational expertise," concluded Hoovestol. "The shareholders should take comfort in knowing that the future of the Company is in such capable, competent hands."
About Green Plains
Green Plains, based in Omaha, Nebraska, is a vertically-integrated, low-cost ethanol producer. Green Plains' ethanol segment operates four ethanol plants in Iowa, Indiana and Tennessee with a combined expected operating capacity of 330 million gallons of ethanol per year. Green Plains' agribusiness segment operates grain storage facilities and complementary agronomy, feed, and fuel businesses. Green Plains has grain storage capacity of approximately 22 million bushels.
This news release may contain, among other things, certain forward-looking statements, with respect to Green Plains, as well as the goals, plans, objectives, intentions, expectations, financial condition, results of operations, future performance and business of Green Plains, including, without limitation, statements preceded by, followed by or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," "outlook" or similar expressions. Although we believe that our expectations regarding future events are based on reasonable assumptions, any or all forward-looking statements in this report may turn out to be incorrect. They may be based on inaccurate assumptions or may not account for known or unknown risks and uncertainties. Consequently, no forward-looking statement is guaranteed, and actual future results may vary materially from the results expressed or implied in our forward-looking statements. The cautionary statements in this report expressly qualify all of our forward-looking statements. In addition, the Company is not obligated, and does not intend, to update any of its forward-looking statements at any time unless an update is required by applicable securities laws.
Contact: Company Contact: Scott B. Poor Corporate Counsel / Director of Investor Relations Green Plains Renewable Energy, Inc. (402) 884-8700 http://www.gpreinc.com Investor Contact: John Baldissera BPC Financial Marketing (800) 368-1217
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OMAHA, NE--Dec 22, 2008 -- President and Chief Operating Officer Todd A. Becker has been named Chief Executive Officer of Green Plains Renewable Energy, Inc. (NasdaqGM:GPRE - News), effective January 1, 2009. Wayne B. Hoovestol, current Chairman and Chief Executive Officer, will remain as Chairman. Becker's appointment is consistent with the previously-announced transition plan following the closing of the merger with VBV LLC and its subsidiaries on October 15, 2008.
"In accepting the role of Chief Executive Officer," said Becker, "I am fortunate to be building upon a solid foundation and clear direction established by Wayne. Wayne's leadership moved Green Plains from construction and development of our ethanol plants to profitable operations and through several strategic acquisitions. Green Plains is establishing itself as a vertically-integrated, low-cost producer. We have a strong balance sheet and committed core of investors. My goal is to leverage these strengths to take advantage of new opportunities in the renewable energy space."
Becker joined Green Plains as President and Chief Operating Officer following completion of the VBV merger. He previously served as VBV's Chief Executive Officer and as Executive Vice President of Sales and Trading of Global Ethanol. Becker has more than 20 years of executive experience in agribusiness and renewable energy. He spent 10 years with ConAgra Foods in various management positions, including Vice President of International Marketing for ConAgra Trade Group and President of ConAgra Grain Canada.
"Todd is a talented executive with extensive experience running commodity-based businesses," said Hoovestol. "The Company has grown tremendously, and Becker has the skill, knowledge and know-how to lead Green Plains in the future."
"Ethanol is clean and green," continued Hoovestol. "And, ethanol is here, now, to help this nation address the critical issues of energy independence, climate change and economic stimulus. Green Plains is positioned to be an industry consolidator."
"Since the VBV merger closed, Mr. Becker has helped assemble a management team with risk management and operational expertise," concluded Hoovestol. "The shareholders should take comfort in knowing that the future of the Company is in such capable, competent hands."
About Green Plains
Green Plains, based in Omaha, Nebraska, is a vertically-integrated, low-cost ethanol producer. Green Plains' ethanol segment operates four ethanol plants in Iowa, Indiana and Tennessee with a combined expected operating capacity of 330 million gallons of ethanol per year. Green Plains' agribusiness segment operates grain storage facilities and complementary agronomy, feed, and fuel businesses. Green Plains has grain storage capacity of approximately 22 million bushels.
This news release may contain, among other things, certain forward-looking statements, with respect to Green Plains, as well as the goals, plans, objectives, intentions, expectations, financial condition, results of operations, future performance and business of Green Plains, including, without limitation, statements preceded by, followed by or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," "outlook" or similar expressions. Although we believe that our expectations regarding future events are based on reasonable assumptions, any or all forward-looking statements in this report may turn out to be incorrect. They may be based on inaccurate assumptions or may not account for known or unknown risks and uncertainties. Consequently, no forward-looking statement is guaranteed, and actual future results may vary materially from the results expressed or implied in our forward-looking statements. The cautionary statements in this report expressly qualify all of our forward-looking statements. In addition, the Company is not obligated, and does not intend, to update any of its forward-looking statements at any time unless an update is required by applicable securities laws.
Contact: Company Contact: Scott B. Poor Corporate Counsel / Director of Investor Relations Green Plains Renewable Energy, Inc. (402) 884-8700 http://www.gpreinc.com Investor Contact: John Baldissera BPC Financial Marketing (800) 368-1217
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Friday, December 19, 2008
Chevron Energy Solutions Awarded U.S. DOE Contract for Energy Efficiency and Renewable Power Projects
Chevron Energy Solutions Awarded U.S. DOE Contract for Energy Efficiency and Renewable Power Projects
Master Contract for Energy Projects at U.S. Federal Agency Facilities Nationally and Internationally
SAN RAMON, Calif.--Dec 19 2008 --Chevron Energy Solutions (CES), a unit of Chevron Corporation (NYSE: CVX), has been awarded a master contract by the U.S. Department of Energy (DOE) to work with federal agencies to reduce energy and water consumption and increase the use of renewable energy at agency facilities. The Energy Savings Performance Contracts (ESPC), awarded to 16 qualified energy contractors, are intended to ensure quality design, implementation, operation and maintenance services for federal agency energy projects.
Each of these new DOE contracts, which have a minimum five year term with the option to increase up to a total of 11 years, provides for a maximum individual contract value of $5 billion over the life of the contract. Federal agencies are allowed to use these contracts for federal facility energy efficiency projects, both nationally and internationally.
The Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007 require federal agencies to achieve a 30 percent reduction in energy intensity and a 16 percent reduction in water use by 2015. They also require an increase in renewable energy use by federal facilities to 7.5 percent of electricity needs by 2013. The new DOE contracts are intended to help federal agencies achieve these mandated targets by working in partnership with the private sector.
The DOE contract is part of the ESPC program authorized by Congress, which allows energy efficiency projects at federal agencies to be funded by guaranteed energy cost savings and, therefore, requiring no capital expenditures up front. Energy contractors, such as CES, obtain financing to fund energy efficiency upgrades and renewable power systems and are repaid for these improvements by the agencies over a period of years through the savings generated by the project.
“We are extremely pleased to be awarded one of the Department of Energy’s new master energy performance contracts,” said Jim Davis, president of Chevron Energy Solutions. “This contract is expected to allow CES to expand our partnership with federal agencies to help them become more energy efficient, use more renewable energy and achieve taxpayer savings.”
Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business across the globe. The company's success is driven by the ingenuity and commitment of approximately 59,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops and commercializes the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, Calif. More information about Chevron is available at http://www.chevron.com/.
Cautionary Statement Relevant to Forward-Looking Information for the Purpose of "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995.
Some of the items discussed in this press release are forward-looking statements about the activities of Chevron Energy Solutions, a unit of Chevron Corporation. Words such as "anticipates," "expects," "projects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward- looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:Chevron CorporationAlex Yelland, 925-942-0456Juliet Don, 415-733-4673
Source: Chevron Corporation
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Master Contract for Energy Projects at U.S. Federal Agency Facilities Nationally and Internationally
SAN RAMON, Calif.--Dec 19 2008 --Chevron Energy Solutions (CES), a unit of Chevron Corporation (NYSE: CVX), has been awarded a master contract by the U.S. Department of Energy (DOE) to work with federal agencies to reduce energy and water consumption and increase the use of renewable energy at agency facilities. The Energy Savings Performance Contracts (ESPC), awarded to 16 qualified energy contractors, are intended to ensure quality design, implementation, operation and maintenance services for federal agency energy projects.
Each of these new DOE contracts, which have a minimum five year term with the option to increase up to a total of 11 years, provides for a maximum individual contract value of $5 billion over the life of the contract. Federal agencies are allowed to use these contracts for federal facility energy efficiency projects, both nationally and internationally.
The Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007 require federal agencies to achieve a 30 percent reduction in energy intensity and a 16 percent reduction in water use by 2015. They also require an increase in renewable energy use by federal facilities to 7.5 percent of electricity needs by 2013. The new DOE contracts are intended to help federal agencies achieve these mandated targets by working in partnership with the private sector.
The DOE contract is part of the ESPC program authorized by Congress, which allows energy efficiency projects at federal agencies to be funded by guaranteed energy cost savings and, therefore, requiring no capital expenditures up front. Energy contractors, such as CES, obtain financing to fund energy efficiency upgrades and renewable power systems and are repaid for these improvements by the agencies over a period of years through the savings generated by the project.
“We are extremely pleased to be awarded one of the Department of Energy’s new master energy performance contracts,” said Jim Davis, president of Chevron Energy Solutions. “This contract is expected to allow CES to expand our partnership with federal agencies to help them become more energy efficient, use more renewable energy and achieve taxpayer savings.”
Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business across the globe. The company's success is driven by the ingenuity and commitment of approximately 59,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops and commercializes the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, Calif. More information about Chevron is available at http://www.chevron.com/.
Cautionary Statement Relevant to Forward-Looking Information for the Purpose of "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995.
Some of the items discussed in this press release are forward-looking statements about the activities of Chevron Energy Solutions, a unit of Chevron Corporation. Words such as "anticipates," "expects," "projects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward- looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:Chevron CorporationAlex Yelland, 925-942-0456Juliet Don, 415-733-4673
Source: Chevron Corporation
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Thursday, December 18, 2008
Balqon Corporation Installs AeroVironment’s PosiCharge™ Fast Charge System at Port of Los Angeles to Power Electric Trucks
Balqon Corporation Installs AeroVironment’s PosiCharge™ Fast Charge System at Port of Los Angeles to Power Electric Trucks
MONROVIA, Calif.--Dece 18 2008 --AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV’s PosiCharge™ fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles.
Yard tractors, or “hostlers”, are used by the Port of L.A. and other ports around the world to move containers from docks to on-site storage yards where the containers await transportation to their ultimate destinations. The high-volume flow of containers through ports often requires that hostlers operate with only limited breaks. PosiCharge™ fast charge systems support electric material handling vehicles used in high velocity factories, distribution centers and airports to support mission-critical operations. The PosiCharge™ fast charge system developed for heavy-duty electric yard tractors can charge up to four heavy-duty Balqon electric trucks at a time and provide enough energy during short periods of time to enable the productive flow of containers through the port while eliminating emissions.
“Studies show that sea ports are significant contributors of emissions and carbon into the atmosphere,” said Mike Bissonette, senior vice president and general manager, AV Efficient Energy Systems. “The Port of L.A. is at the forefront of a movement to reduce these emissions. Our fast charge systems are used around the world and can help ports, like L.A., clean the air and reduce operating costs. It’s a winning combination for all.”
The fast charge system operating at the Port of L.A. is based on AeroVironment’s PosiCharge™ industrial fast charge systems, which power thousands of electric material handling vehicles in airports, factories, and distribution centers throughout North America. AV’s PosiCharge fast charge systems serve eight of the top automotive manufacturers, seven of food and beverage’s largest companies, nine of 10 leading airlines, and 15 of Fortune and Global 500’s top 100 companies.
About PosiCharge™
PosiCharge™ fast charge systems allow industrial and heavy-duty electric vehicle operators to eliminate battery swapping, thereby recovering run time, enhancing productivity, optimizing assets, and improving worker safety. PosiCharge™ systems fast charge battery packs in the vehicle during scheduled breaks, so the battery pack never leaves the vehicle. The result is instant productivity improvement, a cleaner and safer work environment, and a streamlined workflow that no longer stops for battery changing. With proprietary technology that safeguards batteries by customizing each charge, PosiCharge™ systems can actually extend a battery’s useful life compared to traditional charging solutions, further optimizing operations. PosiCharge™ has been supporting high-velocity Fortune and Global 500 facilities for more than six years. For more information about PosiCharge™, please visit www.posicharge.com.
About AeroVironment, Inc. (AV)
Building on a history of technological innovation, AV designs, develops, produces, and supports an advanced portfolio of Unmanned Aircraft Systems (UAS) and efficient electric energy systems. Agencies of the U.S. Department of Defense and allied military services use the company’s hand-launched UAS to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition. Commercial and governmental entities use AV’s clean transportation solutions such as electric vehicle test systems and electric vehicle fast charge systems, as well as its clean energy solutions such as Architectural Wind™. More information about AV is available at www.avinc.com.
About Balqon
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector control technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities. For information about Balqon Corporation and its product offerings, visit www.balqon.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Additional AV News: http://www.avinc.com/News.asp
AV Media Gallery: http://www.avinc.com/media_gallery.asp
Contacts AeroVironment, Inc.Steven Gitlin, 626-357-9983pr@avinc.comorfor AeroVironment, Inc.Mark Boyer, 310-229-5956mark@boyersyn.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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MONROVIA, Calif.--Dece 18 2008 --AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV’s PosiCharge™ fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles.
Yard tractors, or “hostlers”, are used by the Port of L.A. and other ports around the world to move containers from docks to on-site storage yards where the containers await transportation to their ultimate destinations. The high-volume flow of containers through ports often requires that hostlers operate with only limited breaks. PosiCharge™ fast charge systems support electric material handling vehicles used in high velocity factories, distribution centers and airports to support mission-critical operations. The PosiCharge™ fast charge system developed for heavy-duty electric yard tractors can charge up to four heavy-duty Balqon electric trucks at a time and provide enough energy during short periods of time to enable the productive flow of containers through the port while eliminating emissions.
“Studies show that sea ports are significant contributors of emissions and carbon into the atmosphere,” said Mike Bissonette, senior vice president and general manager, AV Efficient Energy Systems. “The Port of L.A. is at the forefront of a movement to reduce these emissions. Our fast charge systems are used around the world and can help ports, like L.A., clean the air and reduce operating costs. It’s a winning combination for all.”
The fast charge system operating at the Port of L.A. is based on AeroVironment’s PosiCharge™ industrial fast charge systems, which power thousands of electric material handling vehicles in airports, factories, and distribution centers throughout North America. AV’s PosiCharge fast charge systems serve eight of the top automotive manufacturers, seven of food and beverage’s largest companies, nine of 10 leading airlines, and 15 of Fortune and Global 500’s top 100 companies.
About PosiCharge™
PosiCharge™ fast charge systems allow industrial and heavy-duty electric vehicle operators to eliminate battery swapping, thereby recovering run time, enhancing productivity, optimizing assets, and improving worker safety. PosiCharge™ systems fast charge battery packs in the vehicle during scheduled breaks, so the battery pack never leaves the vehicle. The result is instant productivity improvement, a cleaner and safer work environment, and a streamlined workflow that no longer stops for battery changing. With proprietary technology that safeguards batteries by customizing each charge, PosiCharge™ systems can actually extend a battery’s useful life compared to traditional charging solutions, further optimizing operations. PosiCharge™ has been supporting high-velocity Fortune and Global 500 facilities for more than six years. For more information about PosiCharge™, please visit www.posicharge.com.
About AeroVironment, Inc. (AV)
Building on a history of technological innovation, AV designs, develops, produces, and supports an advanced portfolio of Unmanned Aircraft Systems (UAS) and efficient electric energy systems. Agencies of the U.S. Department of Defense and allied military services use the company’s hand-launched UAS to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition. Commercial and governmental entities use AV’s clean transportation solutions such as electric vehicle test systems and electric vehicle fast charge systems, as well as its clean energy solutions such as Architectural Wind™. More information about AV is available at www.avinc.com.
About Balqon
Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector control technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities. For information about Balqon Corporation and its product offerings, visit www.balqon.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Additional AV News: http://www.avinc.com/News.asp
AV Media Gallery: http://www.avinc.com/media_gallery.asp
Contacts AeroVironment, Inc.Steven Gitlin, 626-357-9983pr@avinc.comorfor AeroVironment, Inc.Mark Boyer, 310-229-5956mark@boyersyn.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and the complete renewable energy stocks directory.
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InvestorIdeas.com Disclaimer: Issuers of press releases and articles are solely responsible for the accuracy of the content
Wednesday, December 17, 2008
Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector
Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector
Sector Confidence for New Year Could Result in Significant Upward Trends
POINT ROBERTS, WA —December 17, 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 renewable energy and solar stocks based on overall upward trends in the market that reflected strong gains in some of the sector leaders. First Solar, Inc. (NasdaqGS: FSLR) was up $15.41 (13.86%) on the close.
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) noted, "Stocks across the board showed up green today after the Fed's announcement targeting a rate cut, so there was little to differentiate clean energy, which also gained, from the rest. Clean energy clearly was hit much harder than most sectors over 2008 however, and so whether credit frees up boosting expansion of solar power, wind, electric cars, and the like which all demand readily available capital, remains to be seen. I think what happens the next few months will be telling. Clean energy could move up, very smartly off deep 75% declines for the year... or, it could revert to 2008's downward trend. The greatest single thing missing is probably “confidence”. Restore that, and clean energy could perhaps re-climb farther upwards than most sectors in reverting to mean."
The WilderHill Clean Energy Index (^ECO) was up 5.61 (6.77%).
In terms of confidence within the sector, industry participants are betting on Obama.” Technology breakthroughs are fueling a surge in new energy development that is no longer hostage to the ups and downs of petroleum", said Riggs Eckelberry, CEO of OriginOil (OTCBB: OOIL). He added, "The incoming Administration’s unqualified support is a key factor. We are very optimistic about New Energy's prospects for 2009."
According to Tom Djokovich, CEO of XsunX (OTCBB:XSNX),“The failure for the US government to pass an extension to the 30% Federal Investment Tax Credit (ITC) earlier this year placed downward pressure on solar stocks. By the time an eight year extension to the ITC was passed, as part of the TARP legislation, the economy had fallen into tremendous disarray.
In reality the underlying fundamentals associated with the need and demand for electricity and solar have and continue to be very strong. You have the ITC now allowing utilities to monetize the 30% tax credits which is huge, we’re seeing increased legislation requiring and expanding renewable portfolio minimums on utilities here in the USA and abroad, and for the first time the US Environmental Protection Agency (EPA) appeals panel rejected a federal permit for a newly planned coal fired electrical production plant in Utah requiring that the EPA consider CO2 emissions when issuing permits. This could place in jeopardy nearly 100 planned coal fired plants.
We even have a President elect committing to build a new clean energy economy, and the scope of this endeavor is beyond comprehension for most citizens. The economic situation may be causing investors to look the other way but I think they are ignoring a freight train of opportunity headed their way in the form of solar sector opportunities. I know XsunX is working hard to deliver solar products to help fill the demand for solar,” concluded Djokovich.
Sector Close-Up as of Trading Close December 16, 2008:
Akeena Solar Inc. (NASDAQ:AKNS) (Market, News) closed up $0.12 (7.14%).
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) had gains of $2.34 (8.89%).
Carbon Sciences, Inc. (OTCBB: CABN) (Market, News) closed up $0.02 (11.11%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $0.40 (8.62%) on the day.
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) moved up $ 0.15 (5.62%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $15.41 (13.86%).
ICP Solar Technologies Inc. (OTCBB: ICPR) was up $0.02 (8.70%).
Mantra Venture Group Ltd. (OTCBB: MVTG) (Market, News) was unchanged at $0.36.
OriginOil, Inc (OTCBB: OOIL) (Market, News) had gains of $0.05 (20.00%).
Smartcool Systems Inc. (TSXV: SSC) (Market, News) was unchanged on the day.
SunPower Corporation (SPWRA) (Market, News ) was up $1.71 (5.60%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) moved up $0.40 (4.21%).
Westport Innovations Inc. (WPT.TO) (Market, News) closed up $0.16 (3.31%).
Yingli Green Energy (YGE) (Market, News) was up $0.46 (8.95%).
XsunX Inc. (OTCBB: XSNX) (Market, News) closed at $0.20.
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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 Stocks Directory:
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: 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: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN, OOIL, MVTG:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Sector Confidence for New Year Could Result in Significant Upward Trends
POINT ROBERTS, WA —December 17, 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 renewable energy and solar stocks based on overall upward trends in the market that reflected strong gains in some of the sector leaders. First Solar, Inc. (NasdaqGS: FSLR) was up $15.41 (13.86%) on the close.
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) noted, "Stocks across the board showed up green today after the Fed's announcement targeting a rate cut, so there was little to differentiate clean energy, which also gained, from the rest. Clean energy clearly was hit much harder than most sectors over 2008 however, and so whether credit frees up boosting expansion of solar power, wind, electric cars, and the like which all demand readily available capital, remains to be seen. I think what happens the next few months will be telling. Clean energy could move up, very smartly off deep 75% declines for the year... or, it could revert to 2008's downward trend. The greatest single thing missing is probably “confidence”. Restore that, and clean energy could perhaps re-climb farther upwards than most sectors in reverting to mean."
The WilderHill Clean Energy Index (^ECO) was up 5.61 (6.77%).
In terms of confidence within the sector, industry participants are betting on Obama.” Technology breakthroughs are fueling a surge in new energy development that is no longer hostage to the ups and downs of petroleum", said Riggs Eckelberry, CEO of OriginOil (OTCBB: OOIL). He added, "The incoming Administration’s unqualified support is a key factor. We are very optimistic about New Energy's prospects for 2009."
According to Tom Djokovich, CEO of XsunX (OTCBB:XSNX),“The failure for the US government to pass an extension to the 30% Federal Investment Tax Credit (ITC) earlier this year placed downward pressure on solar stocks. By the time an eight year extension to the ITC was passed, as part of the TARP legislation, the economy had fallen into tremendous disarray.
In reality the underlying fundamentals associated with the need and demand for electricity and solar have and continue to be very strong. You have the ITC now allowing utilities to monetize the 30% tax credits which is huge, we’re seeing increased legislation requiring and expanding renewable portfolio minimums on utilities here in the USA and abroad, and for the first time the US Environmental Protection Agency (EPA) appeals panel rejected a federal permit for a newly planned coal fired electrical production plant in Utah requiring that the EPA consider CO2 emissions when issuing permits. This could place in jeopardy nearly 100 planned coal fired plants.
We even have a President elect committing to build a new clean energy economy, and the scope of this endeavor is beyond comprehension for most citizens. The economic situation may be causing investors to look the other way but I think they are ignoring a freight train of opportunity headed their way in the form of solar sector opportunities. I know XsunX is working hard to deliver solar products to help fill the demand for solar,” concluded Djokovich.
Sector Close-Up as of Trading Close December 16, 2008:
Akeena Solar Inc. (NASDAQ:AKNS) (Market, News) closed up $0.12 (7.14%).
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) had gains of $2.34 (8.89%).
Carbon Sciences, Inc. (OTCBB: CABN) (Market, News) closed up $0.02 (11.11%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $0.40 (8.62%) on the day.
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) moved up $ 0.15 (5.62%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $15.41 (13.86%).
ICP Solar Technologies Inc. (OTCBB: ICPR) was up $0.02 (8.70%).
Mantra Venture Group Ltd. (OTCBB: MVTG) (Market, News) was unchanged at $0.36.
OriginOil, Inc (OTCBB: OOIL) (Market, News) had gains of $0.05 (20.00%).
Smartcool Systems Inc. (TSXV: SSC) (Market, News) was unchanged on the day.
SunPower Corporation (SPWRA) (Market, News ) was up $1.71 (5.60%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) moved up $0.40 (4.21%).
Westport Innovations Inc. (WPT.TO) (Market, News) closed up $0.16 (3.31%).
Yingli Green Energy (YGE) (Market, News) was up $0.46 (8.95%).
XsunX Inc. (OTCBB: XSNX) (Market, News) closed at $0.20.
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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 Stocks Directory:
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: 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: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN, OOIL, MVTG:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector
Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector
Sector Confidence for New Year Could Result in Significant Upward Trends
POINT ROBERTS, WA —December 17, 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 renewable energy and solar stocks based on overall upward trends in the market that reflected strong gains in some of the sector leaders. First Solar, Inc. (NasdaqGS: FSLR) was up $15.41 (13.86%) on the close.
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) noted, "Stocks across the board showed up green today after the Fed's announcement targeting a rate cut, so there was little to differentiate clean energy, which also gained, from the rest. Clean energy clearly was hit much harder than most sectors over 2008 however, and so whether credit frees up boosting expansion of solar power, wind, electric cars, and the like which all demand readily available capital, remains to be seen. I think what happens the next few months will be telling. Clean energy could move up, very smartly off deep 75% declines for the year... or, it could revert to 2008's downward trend. The greatest single thing missing is probably “confidence”. Restore that, and clean energy could perhaps re-climb farther upwards than most sectors in reverting to mean."
The WilderHill Clean Energy Index (^ECO) was up 5.61 (6.77%).
In terms of confidence within the sector, industry participants are betting on Obama.” Technology breakthroughs are fueling a surge in new energy development that is no longer hostage to the ups and downs of petroleum", said Riggs Eckelberry, CEO of OriginOil (OTCBB: OOIL). He added, "The incoming Administration’s unqualified support is a key factor. We are very optimistic about New Energy's prospects for 2009."
According to Tom Djokovich, CEO of XsunX (OTCBB:XSNX),“The failure for the US government to pass an extension to the 30% Federal Investment Tax Credit (ITC) earlier this year placed downward pressure on solar stocks. By the time an eight year extension to the ITC was passed, as part of the TARP legislation, the economy had fallen into tremendous disarray.
In reality the underlying fundamentals associated with the need and demand for electricity and solar have and continue to be very strong. You have the ITC now allowing utilities to monetize the 30% tax credits which is huge, we’re seeing increased legislation requiring and expanding renewable portfolio minimums on utilities here in the USA and abroad, and for the first time the US Environmental Protection Agency (EPA) appeals panel rejected a federal permit for a newly planned coal fired electrical production plant in Utah requiring that the EPA consider CO2 emissions when issuing permits. This could place in jeopardy nearly 100 planned coal fired plants.
We even have a President elect committing to build a new clean energy economy, and the scope of this endeavor is beyond comprehension for most citizens. The economic situation may be causing investors to look the other way but I think they are ignoring a freight train of opportunity headed their way in the form of solar sector opportunities. I know XsunX is working hard to deliver solar products to help fill the demand for solar,” concluded Djokovich.
Sector Close-Up as of Trading Close December 16, 2008:
Akeena Solar Inc. (NASDAQ:AKNS) (Market, News) closed up $0.12 (7.14%).
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) had gains of $2.34 (8.89%).
Carbon Sciences, Inc. (OTCBB: CABN) (Market, News) closed up $0.02 (11.11%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $0.40 (8.62%) on the day.
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) moved up $ 0.15 (5.62%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $15.41 (13.86%).
ICP Solar Technologies Inc. (OTCBB: ICPR) was up $0.02 (8.70%).
Mantra Venture Group Ltd. (OTCBB: MVTG) (Market, News) was unchanged at $0.36.
OriginOil, Inc (OTCBB: OOIL) (Market, News) had gains of $0.05 (20.00%).
Smartcool Systems Inc. (TSXV: SSC) (Market, News) was unchanged on the day.
SunPower Corporation (SPWRA) (Market, News ) was up $1.71 (5.60%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) moved up $0.40 (4.21%).
Westport Innovations Inc. (WPT.TO) (Market, News) closed up $0.16 (3.31%).
Yingli Green Energy (YGE) (Market, News) was up $0.46 (8.95%).
XsunX Inc. (OTCBB: XSNX) (Market, News) closed at $0.20.
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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 Stocks Directory:
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: 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: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN, OOIL, MVTG:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Sector Confidence for New Year Could Result in Significant Upward Trends
POINT ROBERTS, WA —December 17, 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 renewable energy and solar stocks based on overall upward trends in the market that reflected strong gains in some of the sector leaders. First Solar, Inc. (NasdaqGS: FSLR) was up $15.41 (13.86%) on the close.
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) noted, "Stocks across the board showed up green today after the Fed's announcement targeting a rate cut, so there was little to differentiate clean energy, which also gained, from the rest. Clean energy clearly was hit much harder than most sectors over 2008 however, and so whether credit frees up boosting expansion of solar power, wind, electric cars, and the like which all demand readily available capital, remains to be seen. I think what happens the next few months will be telling. Clean energy could move up, very smartly off deep 75% declines for the year... or, it could revert to 2008's downward trend. The greatest single thing missing is probably “confidence”. Restore that, and clean energy could perhaps re-climb farther upwards than most sectors in reverting to mean."
The WilderHill Clean Energy Index (^ECO) was up 5.61 (6.77%).
In terms of confidence within the sector, industry participants are betting on Obama.” Technology breakthroughs are fueling a surge in new energy development that is no longer hostage to the ups and downs of petroleum", said Riggs Eckelberry, CEO of OriginOil (OTCBB: OOIL). He added, "The incoming Administration’s unqualified support is a key factor. We are very optimistic about New Energy's prospects for 2009."
According to Tom Djokovich, CEO of XsunX (OTCBB:XSNX),“The failure for the US government to pass an extension to the 30% Federal Investment Tax Credit (ITC) earlier this year placed downward pressure on solar stocks. By the time an eight year extension to the ITC was passed, as part of the TARP legislation, the economy had fallen into tremendous disarray.
In reality the underlying fundamentals associated with the need and demand for electricity and solar have and continue to be very strong. You have the ITC now allowing utilities to monetize the 30% tax credits which is huge, we’re seeing increased legislation requiring and expanding renewable portfolio minimums on utilities here in the USA and abroad, and for the first time the US Environmental Protection Agency (EPA) appeals panel rejected a federal permit for a newly planned coal fired electrical production plant in Utah requiring that the EPA consider CO2 emissions when issuing permits. This could place in jeopardy nearly 100 planned coal fired plants.
We even have a President elect committing to build a new clean energy economy, and the scope of this endeavor is beyond comprehension for most citizens. The economic situation may be causing investors to look the other way but I think they are ignoring a freight train of opportunity headed their way in the form of solar sector opportunities. I know XsunX is working hard to deliver solar products to help fill the demand for solar,” concluded Djokovich.
Sector Close-Up as of Trading Close December 16, 2008:
Akeena Solar Inc. (NASDAQ:AKNS) (Market, News) closed up $0.12 (7.14%).
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) had gains of $2.34 (8.89%).
Carbon Sciences, Inc. (OTCBB: CABN) (Market, News) closed up $0.02 (11.11%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $0.40 (8.62%) on the day.
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) moved up $ 0.15 (5.62%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $15.41 (13.86%).
ICP Solar Technologies Inc. (OTCBB: ICPR) was up $0.02 (8.70%).
Mantra Venture Group Ltd. (OTCBB: MVTG) (Market, News) was unchanged at $0.36.
OriginOil, Inc (OTCBB: OOIL) (Market, News) had gains of $0.05 (20.00%).
Smartcool Systems Inc. (TSXV: SSC) (Market, News) was unchanged on the day.
SunPower Corporation (SPWRA) (Market, News ) was up $1.71 (5.60%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) moved up $0.40 (4.21%).
Westport Innovations Inc. (WPT.TO) (Market, News) closed up $0.16 (3.31%).
Yingli Green Energy (YGE) (Market, News) was up $0.46 (8.95%).
XsunX Inc. (OTCBB: XSNX) (Market, News) closed at $0.20.
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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 Stocks Directory:
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: 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: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN, OOIL, MVTG:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Tuesday, December 16, 2008
Investorideas.com Announces New Renewable Energy Stock Showcase Company, GWS Technologies, Inc. (OTCBB: GWSC)
Investorideas.com Announces New Renewable Energy Stock Showcase Company, GWS Technologies, Inc. (OTCBB: GWSC)
Microgeneration Technologies for CO2 reduction
POINT ROBERTS, WA –December 16, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company, GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing “microgeneration” solar and wind-powered renewable energy products and solutions.
Microgeneration technologies can be used individually or in combination to provide energy and heat to homes and businesses. According to a report by, www.datamonitor.com/energy, “with greater commercialization, microgeneration has the potential to become part of a commercial mass market decentralized energy system.”
About GWS Technologies, Inc. (OTCBB: GWSC)
GWS stands for GreenWindSolar. We are an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions. Products and solutions are part of the new “microgeneration” movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is positioning in the emerging microgeneration marketplace.
Company Showcase Profile page: http://www.investorideas.com/co/gwsc/
Company Website: http://www.greenwindsolar.com/
Company Products: http://www.greenwindsolar.com/store/
About InvestorIdeas.com:
InvestorIdeas.com is one of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
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.
Become an Investorideas.com Member
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/
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: GWSC compensates Investorideas.com 50,000 144 Shares for 12 months advertising. 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, Investorideas.com, GWS
Microgeneration Technologies for CO2 reduction
POINT ROBERTS, WA –December 16, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company, GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing “microgeneration” solar and wind-powered renewable energy products and solutions.
Microgeneration technologies can be used individually or in combination to provide energy and heat to homes and businesses. According to a report by, www.datamonitor.com/energy, “with greater commercialization, microgeneration has the potential to become part of a commercial mass market decentralized energy system.”
About GWS Technologies, Inc. (OTCBB: GWSC)
GWS stands for GreenWindSolar. We are an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions. Products and solutions are part of the new “microgeneration” movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is positioning in the emerging microgeneration marketplace.
Company Showcase Profile page: http://www.investorideas.com/co/gwsc/
Company Website: http://www.greenwindsolar.com/
Company Products: http://www.greenwindsolar.com/store/
About InvestorIdeas.com:
InvestorIdeas.com is one of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
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.
Become an Investorideas.com Member
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/
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: GWSC compensates Investorideas.com 50,000 144 Shares for 12 months advertising. 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, Investorideas.com, GWS
Satcon Announces 40 Megawatt Supply Agreement with Siliken Renewable Energy
Satcon Announces 40 Megawatt Supply Agreement with Siliken Renewable Energy
BOSTON--Dec 16 2008 Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has signed a strategic supply agreement with Siliken Renewable Energy USA, the North American subsidiary of Spanish-based system integrator Siliken SA. As part of the agreement, Satcon will deliver 40 megawatts (MW) of its next generation PowerGate® Plus PV power conditioning solutions to Siliken over the next 12 months.
“Our focus is to grow profitably while delivering reliable and cost effective renewable energy to our customers,” said Leonard Fernandez, Vice President and General Manager of Siliken Renewable Energy. “The combination of Satcon’s best in class power conditioning solutions and their commitment to partner with us to drive value over the entire lifespan of our projects were key components in our decision to partner with them.”
Siliken will utilize the full portfolio of PowerGate® Plus solutions as well as Satcon’s industry leading 20 year warranty and service plan programs. With 11 power ratings ranging from 30 kW to 1 MW (UL and CE certified), Satcon offers the most field-tested and proven utility ready power conditioning systems in the industry. Engineered from the ground up to meet the demands of large-scale installations, Satcon PV inverters feature an outdoor-rated enclosure, advanced monitoring and control capabilities, and Edge™, Satcon’s next-generation MPPT solution.
“As a world leader in delivering efficient and price competitive energy through large scale solar power projects, Siliken is a strong partner for Satcon,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “Our proven advanced feature, utility ready PowerGate Plus solutions are specifically designed to provide consistent and reliable value for these more complex systems. We are pleased to have this opportunity to partner with Siliken to achieve the next wave of large scale solar power innovation.”
About Satcon
Satcon Technology Corporation is a leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced, reliable and proven clean energy alternatives. For over 22 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.
About Siliken Renewable Energy
Siliken Renewable Energy, who has exclusive availability to Siliken modules, provides complete system integration services for large-scale solar farms located throughout the North American Market. Siliken S.A., the parent company, has extensive vertical integration by manufacturing their own silicon, inverters and PV panels in both commercial and building-integrated versions.
Safe Harbor
Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contacts Satcon Technology CorporationLeah Gibson, 617-897-2400Investor Relations Managerleah.gibson@Satcon.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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BOSTON--Dec 16 2008 Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has signed a strategic supply agreement with Siliken Renewable Energy USA, the North American subsidiary of Spanish-based system integrator Siliken SA. As part of the agreement, Satcon will deliver 40 megawatts (MW) of its next generation PowerGate® Plus PV power conditioning solutions to Siliken over the next 12 months.
“Our focus is to grow profitably while delivering reliable and cost effective renewable energy to our customers,” said Leonard Fernandez, Vice President and General Manager of Siliken Renewable Energy. “The combination of Satcon’s best in class power conditioning solutions and their commitment to partner with us to drive value over the entire lifespan of our projects were key components in our decision to partner with them.”
Siliken will utilize the full portfolio of PowerGate® Plus solutions as well as Satcon’s industry leading 20 year warranty and service plan programs. With 11 power ratings ranging from 30 kW to 1 MW (UL and CE certified), Satcon offers the most field-tested and proven utility ready power conditioning systems in the industry. Engineered from the ground up to meet the demands of large-scale installations, Satcon PV inverters feature an outdoor-rated enclosure, advanced monitoring and control capabilities, and Edge™, Satcon’s next-generation MPPT solution.
“As a world leader in delivering efficient and price competitive energy through large scale solar power projects, Siliken is a strong partner for Satcon,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “Our proven advanced feature, utility ready PowerGate Plus solutions are specifically designed to provide consistent and reliable value for these more complex systems. We are pleased to have this opportunity to partner with Siliken to achieve the next wave of large scale solar power innovation.”
About Satcon
Satcon Technology Corporation is a leading provider of utility scale distributed power solutions for the renewable energy market, enabling the industry’s most advanced, reliable and proven clean energy alternatives. For over 22 years, Satcon has designed and delivered the next generation of efficient energy systems for solar photovoltaic, stationary fuel cells, wind-turbines, and energy storage systems. To learn more about Satcon, please visit www.Satcon.com.
About Siliken Renewable Energy
Siliken Renewable Energy, who has exclusive availability to Siliken modules, provides complete system integration services for large-scale solar farms located throughout the North American Market. Siliken S.A., the parent company, has extensive vertical integration by manufacturing their own silicon, inverters and PV panels in both commercial and building-integrated versions.
Safe Harbor
Statements made in this press release that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the company's expectation. Additional information concerning risk factors is contained from time to time in the company's SEC filings, including its Annual Report on Form 10-K and other periodic reports filed with the SEC. Forward-looking statements contained in this press release speak only as of the date of this release. Subsequent events or circumstances occurring after such date may render these statements incomplete or out of date. The company expressly disclaims any obligation to update the information contained in this release.
Contacts Satcon Technology CorporationLeah Gibson, 617-897-2400Investor Relations Managerleah.gibson@Satcon.com
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Monday, December 15, 2008
Raser Technologies Files for Listing on the NYSE "Big Board"
Raser Technologies Files for Listing on the NYSE "Big Board"
Trading Expected to Transfer from NYSE Arca to NYSE in First Quarter 2009
PROVO, Utah, Dec 15, 2008 -- Raser Technologies, Inc. (NYSE Arca:RZ), a leader in geothermal power development, announced that it has received confirmation from the New York Stock Exchange that Raser has been cleared by NYSE Regulation to file an Original Listing Application to move from the NYSE Arca and list on the New York Stock Exchange. Upon approval of its application and satisfaction of the NYSE listing requirements, Raser expects to begin trading on the NYSE "Big Board" under the ticker symbol RZ in the first quarter of 2009. Until that time, Raser will continue to trade on the NYSE Arca under the ticker symbol RZ.
"The New York Stock Exchange remains the world's premier market for publicly traded companies," said Brent M. Cook, CEO of Raser Technologies. "We believe the increased exposure to a broader investment community provided by the NYSE will be in the best long-term interests of our stockholders."
About Raser Technologies Raser (NYSE Arca:RZ) is a publicly traded, environmentally focused technology licensing and development company operating in two business segments. Raser's Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser's Symetron(TM) technology developed internally by its Transportation and Industrial Technology segment. Raser's Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser's award-winning Symetron(TM) technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about the benefits to our stockholders of listing on the NYSE and our ability to meet the listing requirements for the NYSE to successfully list our common stock on the NYSE. These forward-looking statements are subject to a number of risks and uncertainties, including the risks identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. SOURCE: Raser Technologies, Inc. Raser Technologies, Inc. Investor Relations Richard Putnam, 801-765-1200 investorrelations@rasertech.com or Hayden Communications, Inc. Cameron Donahue, 651-653-1854 cameron@haydenir.com or Public Relations contact: Stern & Co. Richard Stern, 212-888-0044 richstern@sternco.com or Alison Simard, 323-650-7117 arsimard@sternco.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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InvestorIdeas.com Disclaimer: Issuers of press releases and articles are solely responsible for the accuracy of the content
Trading Expected to Transfer from NYSE Arca to NYSE in First Quarter 2009
PROVO, Utah, Dec 15, 2008 -- Raser Technologies, Inc. (NYSE Arca:RZ), a leader in geothermal power development, announced that it has received confirmation from the New York Stock Exchange that Raser has been cleared by NYSE Regulation to file an Original Listing Application to move from the NYSE Arca and list on the New York Stock Exchange. Upon approval of its application and satisfaction of the NYSE listing requirements, Raser expects to begin trading on the NYSE "Big Board" under the ticker symbol RZ in the first quarter of 2009. Until that time, Raser will continue to trade on the NYSE Arca under the ticker symbol RZ.
"The New York Stock Exchange remains the world's premier market for publicly traded companies," said Brent M. Cook, CEO of Raser Technologies. "We believe the increased exposure to a broader investment community provided by the NYSE will be in the best long-term interests of our stockholders."
About Raser Technologies Raser (NYSE Arca:RZ) is a publicly traded, environmentally focused technology licensing and development company operating in two business segments. Raser's Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser's Symetron(TM) technology developed internally by its Transportation and Industrial Technology segment. Raser's Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser's award-winning Symetron(TM) technology to improve the torque density and efficiency of the electric motors and drive systems used in electric and hybrid-electric vehicle powertrains and industrial applications. Further information on Raser may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about the benefits to our stockholders of listing on the NYSE and our ability to meet the listing requirements for the NYSE to successfully list our common stock on the NYSE. These forward-looking statements are subject to a number of risks and uncertainties, including the risks identified in our quarterly report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings.
All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. SOURCE: Raser Technologies, Inc. Raser Technologies, Inc. Investor Relations Richard Putnam, 801-765-1200 investorrelations@rasertech.com or Hayden Communications, Inc. Cameron Donahue, 651-653-1854 cameron@haydenir.com or Public Relations contact: Stern & Co. Richard Stern, 212-888-0044 richstern@sternco.com or Alison Simard, 323-650-7117 arsimard@sternco.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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Sunday, December 14, 2008
Argan, Inc. Reports Diluted EPS of $0.19 for the Third Quarter; Backlog Exceeds $505 Million
Argan, Inc. Reports Diluted EPS of $0.19 for the Third Quarter; Backlog Exceeds $505 Million
ROCKVILLE, Md.--December 12,2008 Argan, Inc. (NYSE Alternext U.S.: AGX) today announced financial results for the three and nine months ended October 31, 2008.
For the nine months ended October 31, 2008, net revenues were $164.9 million compared to $152.8 million in the nine months ended October 31, 2007. Gemma contributed $151.0 million, or 91.6% of total revenues, in the first nine months of fiscal 2009 compared to $131.0 million, or 85.7% of total revenues in the first nine months of fiscal 2008. Combined revenues from Argan’s other wholly-owned subsidiaries decreased to $13.9 million, or 8.4% of total revenues in the first nine months of fiscal 2009 compared to $21.9 million, or 14.3% of total revenues in the first nine months of fiscal 2008. Net income for the first nine months ended October 31, 2008 was $5.0 million, or $0.40 per fully diluted share based on 12,480,000 fully diluted shares outstanding compared to a net loss of $2.6 million or ($0.24) per fully diluted share based on 11,095,000 fully diluted shares outstanding for the first nine months ended October 31, 2007.
Net revenues for the three months ended October 31, 2008 were $41.4 million compared to $49.3 million for the three months ended October 31, 2007. Argan’s wholly-owned subsidiary, Gemma Power Systems (Gemma), contributed $36.4 million, or 87.9% of total revenues, for the quarter ended October 31, 2008 compared to $42.0 million, or 85.3% of total revenues, for the quarter ended October 31, 2007. Combined revenues for the quarter ended October 31, 2008 at Argan’s other wholly-owned subsidiaries decreased to $5.0 million or 12.1% of total revenues from $7.2 million, or 14.7% of total revenues, in the quarter ended October 31, 2007. Net income for the third quarter ended October 31, 2008 was $2.6 million, or $0.19 per fully diluted share based on 13,730,000 fully diluted shares outstanding compared to a net loss of $2.0 million, or ($0.18) per fully diluted share based on 11,096,000 fully diluted shares outstanding in the quarter ended October 31, 2007.
The Company reported consolidated EBITDA (Earnings before interest, taxes, depreciation and amortization) of $13.3 million and $4.5 million, respectively, for the nine months and three months ended October 31, 2008.
On a segment basis, Gemma reported income before income taxes of $16 million for the nine months and $5.9 million for the three months ended October 31, 2008.
Argan had cash of $93.1 million and escrowed cash of $10.3 as of October 31, 2008. The Company’s backlog as of October 31, 2008 was $505 million.
Included in the backlog is Gemma’s engineering, procurement and construction agreement with Competitive Power Ventures (CPV), signed in October and valued at $211 million, to design and build eight simple cycle gas-fired peaking plants with a total power rating of 800 megawatts, to be located in southern California. Additionally in the three months ended October 31, 2008, Gemma received a full notice to proceed from Pacific Gas & Electric on the design and construction of a natural gas-fired power plant in Colusa, California. The Company previously announced that it had signed an engineering, procurement and construction agreement for the Colusa project.
Gemma’s backlog does not include projects associated with Gemma Renewable Power, its business partnership with Invenergy Wind Management. During the quarter, Gemma Renewable Power received an initial limited notice to proceed on a project with an estimated contract value of $50 million, to design and build the expansion of a wind farm in LaSalle County, Illinois.
Commenting on Argan’s results, Rainer Bosselmann, Chairman and Chief Executive Officer stated, “We achieved strong EBITDA margin and improved net income year-to-date and for the quarter. Gemma continues to perform very well and benefits from its reputation as a leading designer and builder of power plants. Year-to-date revenue at Gemma increased 15% and year-to-date pretax income increased by 147%. During the quarter, Gemma was successfully completing the final phases of several renewable energy projects and was in the early stages of two substantial traditional power projects.”
Mr. Bosselmann concluded, “In addition to Gemma’s strong existing backlog, we are encouraged by potential opportunities for the design and construction of wind farms through Gemma Renewable Power, our joint venture with Invenergy. Gemma has been very successful in the design and construction of traditional energy plants and we believe that expertise will translate well to the efficient design and development of wind energy facilities.”
About Argan, Inc.
Argan’s primary business is designing and building energy plants through its Gemma Power Systems subsidiary. These energy plants include traditional gas as well as alternative energy including biodiesel, ethanol, and renewable energy sources such as wind power and solar. Argan also owns Southern Maryland Cable, Inc. and Vitarich Laboratories, Inc.
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to; (1) the Company’s ability to achieve its business strategy while effectively managing costs and expenses; (2) the Company’s ability to successfully and profitably integrate acquisitions; and (3) the continued strong performance of the energy sector. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in Argan’s filings with the Securities and Exchange Commission. In addition, reference is hereby made to cautionary statements with respect to risk factors set forth in the Company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.
Contacts Argan, Inc.Rainer Bosselmann/Arthur Trudel301-315-0027orInvestor Relations:Institutional Marketing Services (IMS)John Nesbett/Jennifer Belodeau203-972-9200
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ROCKVILLE, Md.--December 12,2008 Argan, Inc. (NYSE Alternext U.S.: AGX) today announced financial results for the three and nine months ended October 31, 2008.
For the nine months ended October 31, 2008, net revenues were $164.9 million compared to $152.8 million in the nine months ended October 31, 2007. Gemma contributed $151.0 million, or 91.6% of total revenues, in the first nine months of fiscal 2009 compared to $131.0 million, or 85.7% of total revenues in the first nine months of fiscal 2008. Combined revenues from Argan’s other wholly-owned subsidiaries decreased to $13.9 million, or 8.4% of total revenues in the first nine months of fiscal 2009 compared to $21.9 million, or 14.3% of total revenues in the first nine months of fiscal 2008. Net income for the first nine months ended October 31, 2008 was $5.0 million, or $0.40 per fully diluted share based on 12,480,000 fully diluted shares outstanding compared to a net loss of $2.6 million or ($0.24) per fully diluted share based on 11,095,000 fully diluted shares outstanding for the first nine months ended October 31, 2007.
Net revenues for the three months ended October 31, 2008 were $41.4 million compared to $49.3 million for the three months ended October 31, 2007. Argan’s wholly-owned subsidiary, Gemma Power Systems (Gemma), contributed $36.4 million, or 87.9% of total revenues, for the quarter ended October 31, 2008 compared to $42.0 million, or 85.3% of total revenues, for the quarter ended October 31, 2007. Combined revenues for the quarter ended October 31, 2008 at Argan’s other wholly-owned subsidiaries decreased to $5.0 million or 12.1% of total revenues from $7.2 million, or 14.7% of total revenues, in the quarter ended October 31, 2007. Net income for the third quarter ended October 31, 2008 was $2.6 million, or $0.19 per fully diluted share based on 13,730,000 fully diluted shares outstanding compared to a net loss of $2.0 million, or ($0.18) per fully diluted share based on 11,096,000 fully diluted shares outstanding in the quarter ended October 31, 2007.
The Company reported consolidated EBITDA (Earnings before interest, taxes, depreciation and amortization) of $13.3 million and $4.5 million, respectively, for the nine months and three months ended October 31, 2008.
On a segment basis, Gemma reported income before income taxes of $16 million for the nine months and $5.9 million for the three months ended October 31, 2008.
Argan had cash of $93.1 million and escrowed cash of $10.3 as of October 31, 2008. The Company’s backlog as of October 31, 2008 was $505 million.
Included in the backlog is Gemma’s engineering, procurement and construction agreement with Competitive Power Ventures (CPV), signed in October and valued at $211 million, to design and build eight simple cycle gas-fired peaking plants with a total power rating of 800 megawatts, to be located in southern California. Additionally in the three months ended October 31, 2008, Gemma received a full notice to proceed from Pacific Gas & Electric on the design and construction of a natural gas-fired power plant in Colusa, California. The Company previously announced that it had signed an engineering, procurement and construction agreement for the Colusa project.
Gemma’s backlog does not include projects associated with Gemma Renewable Power, its business partnership with Invenergy Wind Management. During the quarter, Gemma Renewable Power received an initial limited notice to proceed on a project with an estimated contract value of $50 million, to design and build the expansion of a wind farm in LaSalle County, Illinois.
Commenting on Argan’s results, Rainer Bosselmann, Chairman and Chief Executive Officer stated, “We achieved strong EBITDA margin and improved net income year-to-date and for the quarter. Gemma continues to perform very well and benefits from its reputation as a leading designer and builder of power plants. Year-to-date revenue at Gemma increased 15% and year-to-date pretax income increased by 147%. During the quarter, Gemma was successfully completing the final phases of several renewable energy projects and was in the early stages of two substantial traditional power projects.”
Mr. Bosselmann concluded, “In addition to Gemma’s strong existing backlog, we are encouraged by potential opportunities for the design and construction of wind farms through Gemma Renewable Power, our joint venture with Invenergy. Gemma has been very successful in the design and construction of traditional energy plants and we believe that expertise will translate well to the efficient design and development of wind energy facilities.”
About Argan, Inc.
Argan’s primary business is designing and building energy plants through its Gemma Power Systems subsidiary. These energy plants include traditional gas as well as alternative energy including biodiesel, ethanol, and renewable energy sources such as wind power and solar. Argan also owns Southern Maryland Cable, Inc. and Vitarich Laboratories, Inc.
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to; (1) the Company’s ability to achieve its business strategy while effectively managing costs and expenses; (2) the Company’s ability to successfully and profitably integrate acquisitions; and (3) the continued strong performance of the energy sector. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in Argan’s filings with the Securities and Exchange Commission. In addition, reference is hereby made to cautionary statements with respect to risk factors set forth in the Company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.
Contacts Argan, Inc.Rainer Bosselmann/Arthur Trudel301-315-0027orInvestor Relations:Institutional Marketing Services (IMS)John Nesbett/Jennifer Belodeau203-972-9200
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Independent Investor Research Tools; Be ready for 2009 with Water Stocks Directory, Renewable Energy Stocks Directory, Insiders Corner
Independent Investor Research Tools; Be ready for 2009 with Water Stocks Directory, Renewable Energy Stocks Directory, Insiders Corner and Weekly Top 25 Search Trends
POINT ROBERTS, Wash., Delta B.C., December 15, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides independent investors access to research tools for making investment decisions moving into 2009 with a new Obama administration.
With Obama’s mandate for renewable energy and infrastructure spending and job creation, investors researching the sectors can use the stock directories and resources at Investorideas.com to make their investment decisions.
Investorideas.com has upgraded memberships to include access to restricted content at the water stocks directory, the Michael Brush Insider’s Corner, the Complete Renewable Energy Stocks Directory and inside access to weekly top 25 investor search trends.
The water stocks directory is part of the content at the Water-stocks.com portal at Investorideas.com that also features the Investing in Water Podcast.
Water stocks directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
The complete renewable energy stocks directory is now members only access page.
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks.
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.
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“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. 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.
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"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.
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
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Source – Investorideas.com
POINT ROBERTS, Wash., Delta B.C., December 15, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides independent investors access to research tools for making investment decisions moving into 2009 with a new Obama administration.
With Obama’s mandate for renewable energy and infrastructure spending and job creation, investors researching the sectors can use the stock directories and resources at Investorideas.com to make their investment decisions.
Investorideas.com has upgraded memberships to include access to restricted content at the water stocks directory, the Michael Brush Insider’s Corner, the Complete Renewable Energy Stocks Directory and inside access to weekly top 25 investor search trends.
The water stocks directory is part of the content at the Water-stocks.com portal at Investorideas.com that also features the Investing in Water Podcast.
Water stocks directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
The complete renewable energy stocks directory is now members only access page.
The directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks.
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.
Subscribe to the Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. 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.
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/
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.
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:
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Source – Investorideas.com
Wednesday, December 10, 2008
SMARTCOOL'S RECEIVES ORDER FOR ENERGY SAVINGS MODULET FROM SMARTCOOL S.E. ASIA, DISTRIBUTOR IN THE PHILIPPINES
SMARTCOOL'S RECEIVES ORDER FOR ENERGY SAVINGS MODULET FROM SMARTCOOL S.E. ASIA, DISTRIBUTOR IN THE PHILIPPINES
Property management company recognizes benefits of Smartcool's green technology, adopts ESMT in Makati City location
Vancouver, Dec. 9, 2008/ Smartcool Systems Inc. (TSXV: SSC), is pleased to announce that the Company's distributor in the Philippines, Smartcool S.E. Asia Inc., has entered into a sales agreement with Ayala Property Management Corporation ("APMC") in the Philippines, to install Smartcool's Energy Savings Module (ESMT) in the entertainment wing of their Greenbelt 3 Mall located in the Ayala Center in Makati City.
This adoption of Smartcool's green technology by APMC, a wholly owned subsidiary of Ayala Land, Inc., is the initial installation of a more extensive roll-out within their property management portfolio that is made up of shopping malls, residential and office towers and industrial/commercial facilities within the Philippines premier business district, Makati City.
Management has committed to expanding Smartcool's global presence and the Philippines represents an ideal region in which the ESMT can be implemented. South East Asia has high temperatures and high humidity which requires significant power requirements for air-conditioning and refrigeration. In addition, consumers in this region are paying high rates for electricity further supporting the requirement for energy efficiency technologies such as Smartcool's ESMT.
"Major advancements have been made by our distributor, Smartcool S.E. Asia Inc.," states George Burnes, President of Smartcool Systems Inc. "This particular installation is extremely encouraging as we have entered into an arrangement with a p roperty group that has a significant portfolio and is committed to environmental management, which we feel Smartcool's technology can be an integral part of."
David Verlee, President of Smartcool S.E. Asia Inc adds, "This initiative represents one of many that we have been developing in this region. We are exploring opportunities in several vertical markets such as cold storage, manufacturing plants and supermarkets, and the relationships that we have developed make the outlook very encouraging. There is no doubt that the requirement for energy efficiency in this region is great and with our technical expertise we feel we can provide a service to our clients that will deliver significant economic benefits."
About Ayala Property Management Corporation:
Ayala Property Management Corporation (APMC) is a wholly owned subsidiary of Ayala Land, Inc. engaged in integrated property management services including building administration and maintenance, lease administration activities, commercial center and subdivision maintenance, and special technical services. It continues to provide property management services for shopping centers, subdivision, parking structures, waterworks operations and other properties developed by Ayala Land and its subsidiaries. APMC is best known for managing strategic parking facilities, office and residential towers in the Philippines' premier business district, Makati City. It pioneered in automating parking operations and continues to introduce similar innovations in its other areas of operation such as recycling water from households for non-potable uses. For more information please visit www.ayalaproperty.com.
About Smartcool S.E. Asia:
Smartcool S.E. Asia was incorporated for the purpose of selling, marketing and distributing Smartcool's technologies in Asia. The management group has vast experience assisting companies to develop strategies for entry into the Asian market place by offering professional market research and competiti ve analysis enabling the implementation of well thought-out development plans. With engineers, sales people and technicians working from offices in Manila, and a solid reputation within the energy efficiency/environmental community, Smartcool S.E. Asia is well positioned to take advantage of opportunities in this region.
About Smartcool Systems Inc.
Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the Smartcool Energy Saving Module (ESM)T, which makes refrigeration and air conditioning systems more efficient, resulting in proven cost savings, reduced energy consumption, and a smaller carbon footprint. The Smartcool ESMT can be retrofitted to existing refrigeration and air conditioning systems and is compatible with all known control systems. More than 25,000 units have been installed in North America, Asia, Europe and Australia for Smartcool customers such as supermarkets, food distributors, telecommunications companies, hospitals, hotels, universities and energy companies.
For additional information contact:
I.R - Allan Thompson, 604-669-1388 or 1-888-669-1388 or allant@smartcool.netMedia - Sunny McKechnie - Phone: 604-623-3007 - Email: sunny.mckechnie@karyo-edelman.comMedia - Ian Noble - Phone: 604-623-3007 - Email: ian.noble@karyo-edelman.com
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
News at the Investor Ideas Newswire : http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Disclaimer: The following news is paid for and /or published as information only for our readers. Investorideas.com is a third party publisher of news and research .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. This site is currently compensated by featured companies, news submissions and online advertising.Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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Property management company recognizes benefits of Smartcool's green technology, adopts ESMT in Makati City location
Vancouver, Dec. 9, 2008/ Smartcool Systems Inc. (TSXV: SSC), is pleased to announce that the Company's distributor in the Philippines, Smartcool S.E. Asia Inc., has entered into a sales agreement with Ayala Property Management Corporation ("APMC") in the Philippines, to install Smartcool's Energy Savings Module (ESMT) in the entertainment wing of their Greenbelt 3 Mall located in the Ayala Center in Makati City.
This adoption of Smartcool's green technology by APMC, a wholly owned subsidiary of Ayala Land, Inc., is the initial installation of a more extensive roll-out within their property management portfolio that is made up of shopping malls, residential and office towers and industrial/commercial facilities within the Philippines premier business district, Makati City.
Management has committed to expanding Smartcool's global presence and the Philippines represents an ideal region in which the ESMT can be implemented. South East Asia has high temperatures and high humidity which requires significant power requirements for air-conditioning and refrigeration. In addition, consumers in this region are paying high rates for electricity further supporting the requirement for energy efficiency technologies such as Smartcool's ESMT.
"Major advancements have been made by our distributor, Smartcool S.E. Asia Inc.," states George Burnes, President of Smartcool Systems Inc. "This particular installation is extremely encouraging as we have entered into an arrangement with a p roperty group that has a significant portfolio and is committed to environmental management, which we feel Smartcool's technology can be an integral part of."
David Verlee, President of Smartcool S.E. Asia Inc adds, "This initiative represents one of many that we have been developing in this region. We are exploring opportunities in several vertical markets such as cold storage, manufacturing plants and supermarkets, and the relationships that we have developed make the outlook very encouraging. There is no doubt that the requirement for energy efficiency in this region is great and with our technical expertise we feel we can provide a service to our clients that will deliver significant economic benefits."
About Ayala Property Management Corporation:
Ayala Property Management Corporation (APMC) is a wholly owned subsidiary of Ayala Land, Inc. engaged in integrated property management services including building administration and maintenance, lease administration activities, commercial center and subdivision maintenance, and special technical services. It continues to provide property management services for shopping centers, subdivision, parking structures, waterworks operations and other properties developed by Ayala Land and its subsidiaries. APMC is best known for managing strategic parking facilities, office and residential towers in the Philippines' premier business district, Makati City. It pioneered in automating parking operations and continues to introduce similar innovations in its other areas of operation such as recycling water from households for non-potable uses. For more information please visit www.ayalaproperty.com.
About Smartcool S.E. Asia:
Smartcool S.E. Asia was incorporated for the purpose of selling, marketing and distributing Smartcool's technologies in Asia. The management group has vast experience assisting companies to develop strategies for entry into the Asian market place by offering professional market research and competiti ve analysis enabling the implementation of well thought-out development plans. With engineers, sales people and technicians working from offices in Manila, and a solid reputation within the energy efficiency/environmental community, Smartcool S.E. Asia is well positioned to take advantage of opportunities in this region.
About Smartcool Systems Inc.
Smartcool Systems Inc. (SSC: TSX.V) manufactures and distributes the Smartcool Energy Saving Module (ESM)T, which makes refrigeration and air conditioning systems more efficient, resulting in proven cost savings, reduced energy consumption, and a smaller carbon footprint. The Smartcool ESMT can be retrofitted to existing refrigeration and air conditioning systems and is compatible with all known control systems. More than 25,000 units have been installed in North America, Asia, Europe and Australia for Smartcool customers such as supermarkets, food distributors, telecommunications companies, hospitals, hotels, universities and energy companies.
For additional information contact:
I.R - Allan Thompson, 604-669-1388 or 1-888-669-1388 or allant@smartcool.netMedia - Sunny McKechnie - Phone: 604-623-3007 - Email: sunny.mckechnie@karyo-edelman.comMedia - Ian Noble - Phone: 604-623-3007 - Email: ian.noble@karyo-edelman.com
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
News at the Investor Ideas Newswire : http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Disclaimer: The following news is paid for and /or published as information only for our readers. Investorideas.com is a third party publisher of news and research .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. This site is currently compensated by featured companies, news submissions and online advertising.Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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Seven New Alternative Energy Stocks Added, 21 Stocks Deleted from Ardour Global Alternative Energy Index(SM) in Quarterly Rebalancing
Seven New Alternative Energy Stocks Added, 21 Stocks Deleted from Ardour Global Alternative Energy Index(SM) in Quarterly Rebalancing --Two New Stocks in Ardour Global Index(SM) (Extra Liquid)
The Ardour Global Alternative Energy Index(SM) (TICKER: GIGL) will add 7 new components, effective 9:00 AM (EST) Monday, December 22, 2008. 21 stocks will be deleted from the index, changing the number of index components to 109. The changes result from the index's quarterly rebalancing.
NEW YORK, Dec 09, 2008 -- The Ardour Global Alternative Energy IndexSM (TICKER: GIGL) will add 7 new components, effective 9:00 AM (EST) Monday, December 22, 2008. 21 stocks will be deleted from the index, changing the number of index components to 109. The changes result from the index's quarterly rebalancing.
Additions to AGIGL are: 5N Plus (TICKER: VNP CN); Badger Meter Inc. (TICKER: BMI US); Energy Recovery Inc. (ERII US); Consolidated Water (TICKER: CWCO US); Covanta (TICKER: CVA US); Iberdrola Renovables (TICKER: IBR SM); Manz Automation AG (TICKER: M5Z GR).
Deletions from AGIGL are: Arise Technologies Corp (TICKER: APV CN); Aventine Renewable Energy Holding (TICKER: AVR US); Bioteq Environmental Tech Inc (TICKER: BQE CN); C&D Technologies Inc. (TICKER: CHP US); Clean Diesel Technologies (TICKER: CDTI US); Day 4 Energy Inc (TICKER: DFE CN); DayStar Technologies Inc (TICKER: DSTI US); Evergreen Energy (TICKER: EEE US); Hydrogenics Corp. (TICKER: HYG CN); Kemet Corp. (TICKER: KEM US); Medis Technologies Ltd. (TICKER: MDTL US); Pecific Ethanol Inc. (TICKER: PEIX US); Spire Corp. (TICKER: SPIR US); Sunways AG (TICKER: SWW GR); Syntroleum Corp. (TICKER: SYNM US); US Geothermal Inc (TICKER: GHT CN); Brasil Ecodiesel (TICKER: ECOD3 BZ); Geodynamics Ltd. (TICKER: GDY AU); Powertech Industrial Co Ltd (TICKER: 3296 TT); Topco Scientific Co Ltd (TICKER: 5434 TT); Companhia Energetica de Minas Gerais (TICKER: CMIG4 BZ).
A complete list of constituents and weights will be posted on the AGI family of alternative energy indexes web site, ( http://ardour.snetglobalindexes.com/about_the_indexes.php). The Ardour Global Alternative Energy Index(SM) is a capitalization-weighted, float-adjusted index of the most prominent alternative energy stocks in the world. To be included in the AGIGL index, companies must be pure-play and the stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover. The Ardour Global Index(SM) (Extra Liquid) (TICKER: AGIXL), which contains a fixed number of 30 stocks, had two additions against two deletions. Covanta (TICKER: CVA US) and Iberdrola Renovables (TICKER: IBR SM) replace FuelCell Energy Inc. (TICKER: FCEL US) and Solaria Energia Y Medio Ambi (TICKER: AOR GR) Detailed information, including constituent data, rules and price information, on the AGI family of alternative energy indexes is available at www.ardourglobalindexes.com. Data is also available through most vendors of financial data. Index: Ardour Global Alternative Energy Index(SM) Ticker: AGIGL Index: Ardour Global Index(SM) (Extra Liquid) Ticker: AGIXL SOURCE: The Ardour Global Alternative Energy Index Ardour Capital Investments, LLC Walter Nasdeo, 212-375-2958 or Ardour Global Indexes, LLC Joseph LaCorte, 646-467-7927 www.ardourglobalindexes.comjlacorte@snetworkllc.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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The Ardour Global Alternative Energy Index(SM) (TICKER: GIGL) will add 7 new components, effective 9:00 AM (EST) Monday, December 22, 2008. 21 stocks will be deleted from the index, changing the number of index components to 109. The changes result from the index's quarterly rebalancing.
NEW YORK, Dec 09, 2008 -- The Ardour Global Alternative Energy IndexSM (TICKER: GIGL) will add 7 new components, effective 9:00 AM (EST) Monday, December 22, 2008. 21 stocks will be deleted from the index, changing the number of index components to 109. The changes result from the index's quarterly rebalancing.
Additions to AGIGL are: 5N Plus (TICKER: VNP CN); Badger Meter Inc. (TICKER: BMI US); Energy Recovery Inc. (ERII US); Consolidated Water (TICKER: CWCO US); Covanta (TICKER: CVA US); Iberdrola Renovables (TICKER: IBR SM); Manz Automation AG (TICKER: M5Z GR).
Deletions from AGIGL are: Arise Technologies Corp (TICKER: APV CN); Aventine Renewable Energy Holding (TICKER: AVR US); Bioteq Environmental Tech Inc (TICKER: BQE CN); C&D Technologies Inc. (TICKER: CHP US); Clean Diesel Technologies (TICKER: CDTI US); Day 4 Energy Inc (TICKER: DFE CN); DayStar Technologies Inc (TICKER: DSTI US); Evergreen Energy (TICKER: EEE US); Hydrogenics Corp. (TICKER: HYG CN); Kemet Corp. (TICKER: KEM US); Medis Technologies Ltd. (TICKER: MDTL US); Pecific Ethanol Inc. (TICKER: PEIX US); Spire Corp. (TICKER: SPIR US); Sunways AG (TICKER: SWW GR); Syntroleum Corp. (TICKER: SYNM US); US Geothermal Inc (TICKER: GHT CN); Brasil Ecodiesel (TICKER: ECOD3 BZ); Geodynamics Ltd. (TICKER: GDY AU); Powertech Industrial Co Ltd (TICKER: 3296 TT); Topco Scientific Co Ltd (TICKER: 5434 TT); Companhia Energetica de Minas Gerais (TICKER: CMIG4 BZ).
A complete list of constituents and weights will be posted on the AGI family of alternative energy indexes web site, ( http://ardour.snetglobalindexes.com/about_the_indexes.php). The Ardour Global Alternative Energy Index(SM) is a capitalization-weighted, float-adjusted index of the most prominent alternative energy stocks in the world. To be included in the AGIGL index, companies must be pure-play and the stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover. The Ardour Global Index(SM) (Extra Liquid) (TICKER: AGIXL), which contains a fixed number of 30 stocks, had two additions against two deletions. Covanta (TICKER: CVA US) and Iberdrola Renovables (TICKER: IBR SM) replace FuelCell Energy Inc. (TICKER: FCEL US) and Solaria Energia Y Medio Ambi (TICKER: AOR GR) Detailed information, including constituent data, rules and price information, on the AGI family of alternative energy indexes is available at www.ardourglobalindexes.com. Data is also available through most vendors of financial data. Index: Ardour Global Alternative Energy Index(SM) Ticker: AGIGL Index: Ardour Global Index(SM) (Extra Liquid) Ticker: AGIXL SOURCE: The Ardour Global Alternative Energy Index Ardour Capital Investments, LLC Walter Nasdeo, 212-375-2958 or Ardour Global Indexes, LLC Joseph LaCorte, 646-467-7927 www.ardourglobalindexes.comjlacorte@snetworkllc.com
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Kopin Receives NASA Award to Develop Nanostructured Indium Gallium Phosphide Solar Cell
Kopin Receives NASA Award to Develop Nanostructured Indium Gallium Phosphide Solar Cell
Technology Company’s Proprietary Single-Junction III-V Structures Have the Potential to Achieve Higher Efficiency than Current Multi-junction Solar Cells
TAUNTON, Mass.--Dec 10 -Kopin® Corp. (NASDAQ: KOPN) today announced that it has been selected for award of a $600,000 NASA contract to produce nanostructured solar cells comprised of indium gallium phosphide (InGaP) materials. The goal of this two-year project, a NASA Phase II Small Business Innovation Research (SBIR) program, is to develop a solar cell design that is more efficient and less expensive than conventional multi-junction technology.
“The material structures used in conventional solar cell designs significantly limit their power conversion efficiency and performance, requiring a trade-off between current and voltage,” said Dr. Roger E. Welser, Kopin’s Director of New Product Development. “For this SBIR program, we are employing a proprietary, patent-pending structure incorporating InGaP barriers, the same material used in our HBT (heterojunction bipolar transistor) wafers for billions of cell phones. In the Phase I program, Kopin produced several InGaP-based test structures that demonstrated a significant increase in the open-circuit voltage without any degradation in current. In this follow-up Phase II program, we aim to further enhance performance while maintaining our long-term objective to produce high-efficiency photovoltaic cells with low cost and good stability.”
Dr. John C.C. Fan, Kopin’s President and Chief Executive Officer stated, “This SBIR program is part of Kopin’s strategy to leverage our unique expertise in nanostructured III-V materials to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market. For unconcentrated sunlight, we believe our innovative approach in this SBIR program has the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device, approximately 20% higher than the current efficiencies of today’s best multi-junction solar cells.”
This is the second NASA contract awarded to Kopin in 2008 for the development of nanostructured solar cell technology. In May, the Company received a two-year, $600,000 award for the development of indium nitride (InN)-based solar cells. This project is focused on producing high-efficiency solar cells that are resistant to extreme conditions such as those found near the sun.
About Kopin
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.
Kopin and The NanoSemiconductor Company are trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release about the award of a NASA solar cell development contract to Kopin may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the potential performance of indium gallium phosphide-based and indium nitride-based nanostructured solar cells; the potential to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market; and the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that might affect the actual results, performance or achievements include, among other things, negotiation with NASA to complete the contract award; technical, manufacturing or other issues that may prevent the indium gallium phosphide-based and indium nitride-based solar cells from achieving the desired performance; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 29, 2007, and the Company's subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstance occurring after the date of this report.
Kopin - The NanoSemiconductor Company®
Contacts Investor RelationsKopin CorporationRichard Sneider, CFO, 508-824-6696rsneider@kopin.comorNews Media RelationsJim Pontarelli, 401-553-5109jpontarelli@rdwgroup.com
Technology Company’s Proprietary Single-Junction III-V Structures Have the Potential to Achieve Higher Efficiency than Current Multi-junction Solar Cells
TAUNTON, Mass.--Dec 10 -Kopin® Corp. (NASDAQ: KOPN) today announced that it has been selected for award of a $600,000 NASA contract to produce nanostructured solar cells comprised of indium gallium phosphide (InGaP) materials. The goal of this two-year project, a NASA Phase II Small Business Innovation Research (SBIR) program, is to develop a solar cell design that is more efficient and less expensive than conventional multi-junction technology.
“The material structures used in conventional solar cell designs significantly limit their power conversion efficiency and performance, requiring a trade-off between current and voltage,” said Dr. Roger E. Welser, Kopin’s Director of New Product Development. “For this SBIR program, we are employing a proprietary, patent-pending structure incorporating InGaP barriers, the same material used in our HBT (heterojunction bipolar transistor) wafers for billions of cell phones. In the Phase I program, Kopin produced several InGaP-based test structures that demonstrated a significant increase in the open-circuit voltage without any degradation in current. In this follow-up Phase II program, we aim to further enhance performance while maintaining our long-term objective to produce high-efficiency photovoltaic cells with low cost and good stability.”
Dr. John C.C. Fan, Kopin’s President and Chief Executive Officer stated, “This SBIR program is part of Kopin’s strategy to leverage our unique expertise in nanostructured III-V materials to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market. For unconcentrated sunlight, we believe our innovative approach in this SBIR program has the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device, approximately 20% higher than the current efficiencies of today’s best multi-junction solar cells.”
This is the second NASA contract awarded to Kopin in 2008 for the development of nanostructured solar cell technology. In May, the Company received a two-year, $600,000 award for the development of indium nitride (InN)-based solar cells. This project is focused on producing high-efficiency solar cells that are resistant to extreme conditions such as those found near the sun.
About Kopin
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company's unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin's proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin's website at www.kopin.com.
Kopin and The NanoSemiconductor Company are trademarks of Kopin Corporation.
Safe Harbor Statement
Statements in this news release about the award of a NASA solar cell development contract to Kopin may be considered "forward-looking" under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the potential performance of indium gallium phosphide-based and indium nitride-based nanostructured solar cells; the potential to create high-efficiency solar cells at low cost for the emerging terrestrial renewable energy market; and the potential to achieve conversion efficiencies exceeding 40% with a single p-n junction device. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that might affect the actual results, performance or achievements include, among other things, negotiation with NASA to complete the contract award; technical, manufacturing or other issues that may prevent the indium gallium phosphide-based and indium nitride-based solar cells from achieving the desired performance; and other risk factors and cautionary statements listed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the 12 months ended December 29, 2007, and the Company's subsequent filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstance occurring after the date of this report.
Kopin - The NanoSemiconductor Company®
Contacts Investor RelationsKopin CorporationRichard Sneider, CFO, 508-824-6696rsneider@kopin.comorNews Media RelationsJim Pontarelli, 401-553-5109jpontarelli@rdwgroup.com
Tuesday, December 09, 2008
Renewable Energy Stocks Sector Close-Up; Renewable Energy and Green Stocks up on Obama Optimism
Renewable Energy Stocks Sector Close-Up; Renewable Energy and Green Stocks up on Obama Optimism
Overall Markets Up Monday on Obama’s Planned Infrastructure Spending
POINT ROBERTS, WA —December 9, 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 renewable energy and green stocks following a general rally in the market Monday, incited by President-elect Obama’s discussion on the weekend of proposed significant infrastructure spending moving forward.
President-elect Obama has aggressive plans for the greentech and tech sectors as well, which has investors looking at the stocks with renewed optimism. According to www.change.gov, The Obama-Biden New Energy for America plan has goals to “create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.”
Energy and Environment http://change.gov/agenda/energy_and_environment_agenda/
Renewable Energy Stocks solar expert, J. Peter Lynch noted,” I think that solar stocks have moved to an extremely oversold position and certain companies (ones with management, strong cash positions and some form of product differentiation) will be positioned to take advantage of the long range planning of the Obama administration in the area of renewables.”
Sector Close-Up as of Trading December 8, 2008:
The WilderHill Clean Energy Index (^ECO) was up $ 6.99 (8.48%). ECO was the first Index for clean renewable energy and has since become a benchmark Index for the sector. http://www.wildershares.com/.
The First Trust Global Wind Energy (FAN) ETF was up $ 0.90 (8.08%) and the Claymore/MAC Global Solar Energy (TAN) was up 0.4537 (6.11%). The Claymore ETF (TAN) tracks the MAC Global Solar Energy Index (^SUNIDX) that was up 6.61 % on the day.
Akeena Solar Inc. (NASDAQ:AKNS) was up over 4%.
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) was up$ 0.98 (3.79%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $ 0.26 (5.32%).
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed with gains of $0.18 (7.29%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $6.30 (4.90%).
SunPower Corporation (SPWRA) (Market, News ) closed up $ 2.19 (6.70%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) closed up $1.54 (18.12%).
Yingli Green Energy (YGE) (Market, News) ended the day up $0.76 (17.47%).
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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.
Become an Investorideas.com Member
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/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN and OOIL:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Overall Markets Up Monday on Obama’s Planned Infrastructure Spending
POINT ROBERTS, WA —December 9, 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 renewable energy and green stocks following a general rally in the market Monday, incited by President-elect Obama’s discussion on the weekend of proposed significant infrastructure spending moving forward.
President-elect Obama has aggressive plans for the greentech and tech sectors as well, which has investors looking at the stocks with renewed optimism. According to www.change.gov, The Obama-Biden New Energy for America plan has goals to “create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.”
Energy and Environment http://change.gov/agenda/energy_and_environment_agenda/
Renewable Energy Stocks solar expert, J. Peter Lynch noted,” I think that solar stocks have moved to an extremely oversold position and certain companies (ones with management, strong cash positions and some form of product differentiation) will be positioned to take advantage of the long range planning of the Obama administration in the area of renewables.”
Sector Close-Up as of Trading December 8, 2008:
The WilderHill Clean Energy Index (^ECO) was up $ 6.99 (8.48%). ECO was the first Index for clean renewable energy and has since become a benchmark Index for the sector. http://www.wildershares.com/.
The First Trust Global Wind Energy (FAN) ETF was up $ 0.90 (8.08%) and the Claymore/MAC Global Solar Energy (TAN) was up 0.4537 (6.11%). The Claymore ETF (TAN) tracks the MAC Global Solar Energy Index (^SUNIDX) that was up 6.61 % on the day.
Akeena Solar Inc. (NASDAQ:AKNS) was up over 4%.
Archer-Daniels-Midland Co. (NYSE:ADM) (Market, News) was up$ 0.98 (3.79%).
Clean Energy Fuels Corp. (NASDAQ:CLNE) (Market, News) was up $ 0.26 (5.32%).
Evergreen Solar Inc (NASDAQ:ESLR) (Market, News) closed with gains of $0.18 (7.29%).
First Solar, Inc. (NASDAQ: FSLR) (Market, News) closed up $6.30 (4.90%).
SunPower Corporation (SPWRA) (Market, News ) closed up $ 2.19 (6.70%).
Suntech Power Holdings Co. Ltd. (STP) (Market, News) closed up $1.54 (18.12%).
Yingli Green Energy (YGE) (Market, News) ended the day up $0.76 (17.47%).
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 Renewable Energy Stocks:
XsunX Inc. : (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/
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.
Carbon Sciences, Inc. (OTCBB: CABN)
Carbon Sciences, Inc. 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. Innovating at the intersection of chemical engineering and bio-engineering disciplines, we are developing a highly scalable biocatalytic process to meet the fuel needs of the world. Company Showcase Profile page: http://www.investorideas.com/co/cabn/
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.
Become an Investorideas.com Member
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/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX, CABN and OOIL:
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, OriginOil, Inc, Carbon Sciences, Inc
Monday, December 08, 2008
Octillion Bolsters Team - Accelerates Development of Technologies to Generate Electricity from Moving Vehicles
Octillion Bolsters Team - Accelerates Development of Technologies to Generate Electricity from Moving Vehicles
Octillion Expands Engineering Efforts to Develop Devices Capable of Capturing Wasted Kinetic Energy from Moving Vehicles and Converting It into Useable Electricity
WASHINGTON- Octillion Corp. (Symbol: OCTL), a next-generation alternative and renewable energy technology developer, today announced immediate expansion of the Company’s engineering team in order to aggressively pursue development of first-generation devices capable of generating electricity by harvesting energy from vehicles in motion.
“We’re working to creatively, quickly, and cost-effectively develop brand new technologies to generate usable electricity from the estimated 6,000,000 trucks and 250,000,000 cars on America’s roadways,” stated Mr. Meetesh V. Patel, Esq., President and CEO of Octillion Corp. “I’m confident that today’s addition of V2G Enterprises LLC, an innovative engineering and prototyping firm, will help us achieve these goals.”
Based in Mount Laurel, New Jersey, the V2G team brings more than fifty years of combined mechanical engineering, prototyping, and electronics experience spanning across North America, Europe, and Asia.
V2G engineers have worked with the Burroughs Corporation (now Unysis Corporation), the prestigious Alfred I. DuPont Institute, and notably, the New Jersey Turnpike Authority to develop technologies related to toll-booth systems. Engineers anticipate targeting toll-booths and highway exit ramps among potential high-traffic installations for Octillion’s vehicle-driven electricity generation devices.
Today’s announcement marks rapid expansion of the Company’s engineering efforts, and comes on the heels of Octillion’s agreement announced last month with Veryst Engineering LLC, a respected Boston-based engineering firm with expertise in energy capture technologies.
Working with the Office of Naval Research, recent advances by Veryst engineers in harvesting energy from motion were featured in the September 2008 issue of Mechanical Engineering Magazine, an award-winning publication of the American Society of Mechanical Engineers, published since 1880.
In an article titled, “Harvest of Motion”, Veryst Managing Principal, Dr. Stuart Brown, and Engineer, Mr. Brian S. Hendrickson, highlighted their unique skills in energy harvesting by way of the development of a small-scale device which uses human motion to generate five-times greater power output (per volume) than conventional energy harvesting systems. Rather than human motion, Veryst engineers are now working to develop Octillion’s large-scale energy capture technologies using the motion of cars and trucks to generate electricity.
“It’s truly exciting to think that in the not-too-distant future we could be generating usable electricity by exploiting wasted kinetic energy from the movement of millions of vehicles,” concluded Mr. Patel. “I’m especially eager to aggressively move these first-generation technologies along the product prototyping path and position Octillion as an early innovator, one of the first companies to truly work towards commercializing a new and novel transformational technology for generating electricity from wasted energy.”
About Octillion Corp.
Octillion Corp., together with its wholly owned subsidiaries, is a developer of next generation alternative and renewable energy technologies.
Among our activities is the development of new technologies which can: (1) Harness the kinetic energy of vehicles to generate electricity; and (2) Adapt home and office glass windows, skylights, and building facades into products capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.
For additional information, please visit: www.octillioncorp.com
To receive future press releases via email, please visit:
http://www.octillioncorp.com/contact.html
To view the full HTML text of this release, please visit:
http://www.octillioncorp.com/OCTL 20081208.html
Legal Notice Regarding Forward-Looking Statements
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although Octillion Corp. (the “Company” or “Octillion”) believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. There can be no assurance that further research and development will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that Octillion will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts Octillion Corp.Meetesh Patel, 800-213-0689www.octillioncorp.com
Octillion Expands Engineering Efforts to Develop Devices Capable of Capturing Wasted Kinetic Energy from Moving Vehicles and Converting It into Useable Electricity
WASHINGTON- Octillion Corp. (Symbol: OCTL), a next-generation alternative and renewable energy technology developer, today announced immediate expansion of the Company’s engineering team in order to aggressively pursue development of first-generation devices capable of generating electricity by harvesting energy from vehicles in motion.
“We’re working to creatively, quickly, and cost-effectively develop brand new technologies to generate usable electricity from the estimated 6,000,000 trucks and 250,000,000 cars on America’s roadways,” stated Mr. Meetesh V. Patel, Esq., President and CEO of Octillion Corp. “I’m confident that today’s addition of V2G Enterprises LLC, an innovative engineering and prototyping firm, will help us achieve these goals.”
Based in Mount Laurel, New Jersey, the V2G team brings more than fifty years of combined mechanical engineering, prototyping, and electronics experience spanning across North America, Europe, and Asia.
V2G engineers have worked with the Burroughs Corporation (now Unysis Corporation), the prestigious Alfred I. DuPont Institute, and notably, the New Jersey Turnpike Authority to develop technologies related to toll-booth systems. Engineers anticipate targeting toll-booths and highway exit ramps among potential high-traffic installations for Octillion’s vehicle-driven electricity generation devices.
Today’s announcement marks rapid expansion of the Company’s engineering efforts, and comes on the heels of Octillion’s agreement announced last month with Veryst Engineering LLC, a respected Boston-based engineering firm with expertise in energy capture technologies.
Working with the Office of Naval Research, recent advances by Veryst engineers in harvesting energy from motion were featured in the September 2008 issue of Mechanical Engineering Magazine, an award-winning publication of the American Society of Mechanical Engineers, published since 1880.
In an article titled, “Harvest of Motion”, Veryst Managing Principal, Dr. Stuart Brown, and Engineer, Mr. Brian S. Hendrickson, highlighted their unique skills in energy harvesting by way of the development of a small-scale device which uses human motion to generate five-times greater power output (per volume) than conventional energy harvesting systems. Rather than human motion, Veryst engineers are now working to develop Octillion’s large-scale energy capture technologies using the motion of cars and trucks to generate electricity.
“It’s truly exciting to think that in the not-too-distant future we could be generating usable electricity by exploiting wasted kinetic energy from the movement of millions of vehicles,” concluded Mr. Patel. “I’m especially eager to aggressively move these first-generation technologies along the product prototyping path and position Octillion as an early innovator, one of the first companies to truly work towards commercializing a new and novel transformational technology for generating electricity from wasted energy.”
About Octillion Corp.
Octillion Corp., together with its wholly owned subsidiaries, is a developer of next generation alternative and renewable energy technologies.
Among our activities is the development of new technologies which can: (1) Harness the kinetic energy of vehicles to generate electricity; and (2) Adapt home and office glass windows, skylights, and building facades into products capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.
For additional information, please visit: www.octillioncorp.com
To receive future press releases via email, please visit:
http://www.octillioncorp.com/contact.html
To view the full HTML text of this release, please visit:
http://www.octillioncorp.com/OCTL 20081208.html
Legal Notice Regarding Forward-Looking Statements
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although Octillion Corp. (the “Company” or “Octillion”) believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. There can be no assurance that further research and development will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that Octillion will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts Octillion Corp.Meetesh Patel, 800-213-0689www.octillioncorp.com
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