YAHOO! LAUNCHES GLOBAL “FREE IS GOOD” REUSE CAMPAIGN FOR EARTH DAY
SUNNYVALE, CALIF. – APRIL 21, 2008 – In celebration of Earth Day, Yahoo! (NasdaqGS: YHOO) today announced the launch of a “Free Is Good” campaign aimed at motivating its online community of more than 500 million users worldwide to reduce their impact on the environment through reuse.
From April 20 through May 4, Yahoo! will help inspire people to join groups and recycle by placing eco-friendly prizes, such as a “Smart car”, eco-trips and green cleaning services, in randomly selected reuse groups. Yahoo! created a microsite to make it easy for users to find a reuse group in their community. The site will be promoted on Yahoo!’s homepage and throughout the network. Yahoo! will also host reuse events at many of its campuses worldwide for employees.
Yahoo! is teaming up with reuse groups like Freecycle, a grassroots community of 4.7 million members across 85 countries, and other popular online reuse groups, to inspire people around the world to think twice before throwing an item in a landfill. In addition to helping our planet, reusing helps people save money and give back to their community.
“Through Yahoo! Green, our Carbon Neutrality program and other green initiatives, Yahoo! is committed to empowering the largest online community in the world with the tools, tips and information to make a positive impact on the planet,” said David Filo, co-founder and Chief Yahoo!. “We’ve seen a grassroots surge in consumers looking for information about reuse so we’re using our network to help move consumers from awareness to action.”
Reuse groups such as Freecycle are the most trafficked on Yahoo! groups. “Freecycle” was the 3rd top green search in 2007. According to the US Environmental Protection Agency (EPA), the amount of waste each person creates has almost doubled from 2.7 to 4.4 pounds per day over the past 35 years. The EPA recommends source reduction, which includes reuse, as the most environmentally sound strategy for preventing waste. A recent online survey of 2,000 US adults conducted by Yahoo! and Decipher Inc. found that 90 percent of respondents said that they would consider product reuse if more education was done on the matter.
Yahoo!’s Earth Day Microsite can be found at http://green.yahoo.com/earth-day.
About Yahoo!
Yahoo! Inc.(NasdaqGS: YHOO) is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com or the company’s blog, Yodel Anecdotal.
Press contacts:
Yahoo!Kelley Benander, 408-349-4072, kelleyb@yahoo-inc.com OutCast CommunicationsKim Milosevich, 415-392-8282, kim@outcastpr.com
Amy Salek
OutCast Communications
asalek@outcastpr.com main: 415-392-8282
Get insight into cleantech and renewable energy stocks with news and the cleantech and climate change podcast. This blog is part of www.investorideas.com cleantech investor content .
Monday, April 21, 2008
To Commemorate Earth Day the World's Most Popular Board Game Announces the Addition of Renewable Energy Utilities on the MONOPOLY Here & Now
To Commemorate Earth Day the World's Most Popular Board Game Announces the Addition of Renewable Energy Utilities on the MONOPOLY Here & Now: The World Edition Game Board
PAWTUCKET, R.I.---April 21 2008 -(NYSE:HAS )Recognizing the increasing importance of renewable energy sources around the world, MONOPOLY announces that it will feature “Wind Energy” and “Solar Energy” as the utilities in the upcoming MONOPOLY Here & Now: The World Edition game. The new utilities will replace the “Water Works” and “Electric Company” spaces that traditionally appear on the MONOPOLY game board. “When creating this first-ever worldwide MONOPOLY game board, we reviewed all elements of the game to ensure that it reflects today’s global perspective. This included the utility property spaces,” said Phil Jackson, Group Executive, Hasbro Games(HAS). “In a nod to the efforts of countries worldwide to increase the effectiveness and availability of renewable energy sources, we decided to feature Solar Energy and Wind Energy on the game board.”
Globally, wind energy and solar energy are among the fastest growing renewable energy sources. According to the World Wind Energy Association, wind energy generates more than 1 percent of global electricity and is used in more than 70 countries. Solar power continues to grow in popularity as an energy source, with Germany, Japan and the United States leading the world in solar energy capacity. Additionally, rooftop solar heat collectors provide hot water to more than 50 million households worldwide.
In early 2008, MONOPOLY fans from around the world voted for the global cities that they would like to see represented on the first-ever World edition game board. More than 5 million votes were cast during the voting period to determine the 22 cities that will be featured on the game board. The results of the worldwide vote will be announced in August 2008. The new MONOPOLY Here & Now: The World Edition will be available in stores around the world in Autumn 2008.
The official MONOPOLY board has long represented elite locations in individual cities. However, recently Parker Brothers invited fans of the game to help update the board in their respective countries to reflect what the game board would look like if it were created today instead of in 1935. The votes resulted in the “Here & Now” versions of the game in each country. Previous “Here & Now” editions have featured “Cell Phone Service” and “Internet Service” instead of the Water Works and Electric Company utility spaces.
Since 1935, more than 250 million copies of the MONOPOLY game have been sold in 103 countries and 37 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. © 2008 Hasbro, All Rights Reserved.
Hasbro (NYSE:HAS ) is a worldwide leader in children's and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world. © 2008 Hasbro, Inc. All Rights Reserved.
Contact:Hunter Public RelationsDonetta Allen, 212-679-6600dallen@hunterpr.comorHasbro, Inc.Pat Riso, 413-526-2307priso@hasbro.com
Source: Hasbro, Inc.
PAWTUCKET, R.I.---April 21 2008 -(NYSE:HAS )Recognizing the increasing importance of renewable energy sources around the world, MONOPOLY announces that it will feature “Wind Energy” and “Solar Energy” as the utilities in the upcoming MONOPOLY Here & Now: The World Edition game. The new utilities will replace the “Water Works” and “Electric Company” spaces that traditionally appear on the MONOPOLY game board. “When creating this first-ever worldwide MONOPOLY game board, we reviewed all elements of the game to ensure that it reflects today’s global perspective. This included the utility property spaces,” said Phil Jackson, Group Executive, Hasbro Games(HAS). “In a nod to the efforts of countries worldwide to increase the effectiveness and availability of renewable energy sources, we decided to feature Solar Energy and Wind Energy on the game board.”
Globally, wind energy and solar energy are among the fastest growing renewable energy sources. According to the World Wind Energy Association, wind energy generates more than 1 percent of global electricity and is used in more than 70 countries. Solar power continues to grow in popularity as an energy source, with Germany, Japan and the United States leading the world in solar energy capacity. Additionally, rooftop solar heat collectors provide hot water to more than 50 million households worldwide.
In early 2008, MONOPOLY fans from around the world voted for the global cities that they would like to see represented on the first-ever World edition game board. More than 5 million votes were cast during the voting period to determine the 22 cities that will be featured on the game board. The results of the worldwide vote will be announced in August 2008. The new MONOPOLY Here & Now: The World Edition will be available in stores around the world in Autumn 2008.
The official MONOPOLY board has long represented elite locations in individual cities. However, recently Parker Brothers invited fans of the game to help update the board in their respective countries to reflect what the game board would look like if it were created today instead of in 1935. The votes resulted in the “Here & Now” versions of the game in each country. Previous “Here & Now” editions have featured “Cell Phone Service” and “Internet Service” instead of the Water Works and Electric Company utility spaces.
Since 1935, more than 250 million copies of the MONOPOLY game have been sold in 103 countries and 37 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. © 2008 Hasbro, All Rights Reserved.
Hasbro (NYSE:HAS ) is a worldwide leader in children's and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world. © 2008 Hasbro, Inc. All Rights Reserved.
Contact:Hunter Public RelationsDonetta Allen, 212-679-6600dallen@hunterpr.comorHasbro, Inc.Pat Riso, 413-526-2307priso@hasbro.com
Source: Hasbro, Inc.
Wednesday, April 16, 2008
RecycleBank Secures $30 Million in Series B Funding from Top Venture Capital Firms
RecycleBank Secures $30 Million in Series B Funding from Top Venture Capital Firms
Kleiner, Perkins, Caulfield and Byers and The Westly Group Join RRE Ventures and Sigma Partners in Funding Successful Recycling Reward Program
NEW YORK--April 15 2008 --RecycleBank, a rewards program that motivates households to recycle, announced today that it has secured $30 million in Series B funding from leading venture capital firms, Kleiner, Perkins, Caulfield and Byers (KPCB), RRE Ventures, Sigma Partners and The Westly Group. RecycleBank will be using this funding to rapidly scale in the United States and continue expansion into Europe in the next 24 months.
KPCB and The Westly Group join RecycleBank’s current investors, RRE Ventures and Sigma Partners in funding the growth and expansion of RecycleBank. KPCB has been an early investor in more than 300 information technology and biotech firms for more than 30 years, including Sun Microsystems, Google and Amazon.com. Today, KPCB is actively working with GreenTech innovators and entrepreneurs. Al Gore recently joined KPCB as a partner, securing a strategic alliance with Gore’s Generation Investment Management. By combining the network, vision, expertise and global reach of Al Gore and Generation Investment Management, KPCB’s goal is to help entrepreneurs change the world.
“Eighty percent of all garbage is recyclable, yet the average residential recycling rate is less than 20 percent. By simply measuring the amount of recycling and rewarding recyclers with real value, RecycleBank has more than doubled recycling rates in every community that’s deployed the program to-date,” said Trae Vassallo, partner at KPCB. “We’ve been searching hard for companies that provide real benefits to consumers through being green and we were delighted to find RecycleBank. RecycleBank reduces landfills, reduces energy use and rewards consumers for doing the right thing.”
The Westly Group invests in and advises leading CleanTech companies in an effort to accelerate the CleanTech revolution. The company was founded by Steve Westly, who most recently served as the controller and chief fiscal officer the state of California, the world’s sixth largest economy. With extensive operating experience in the private and public sectors, from Silicon Valley to Washington and beyond, The Westly Group uses its experiences to give firms the momentum they need to achieve their potential.
“I truly believe that while most people are focusing on biofuels and solar, recycling is on the cutting edge of clean technology – and RecycleBank is the future of recycling,” said Steve Westly, managing partner of The Westly Group.
In addition to receiving funding from both KPCB and The Westly Group, both RRE Ventures and Sigma Parthers invested in the Series B round. The two companies were part of RecycleBank’s round of Series A funding that was announced in May of 2007. Through the secured Series A funding, RecycleBank was able to expand quickly throughout the Northeast. With this round of Series B funding, RecycleBank will be expanding its program throughout the U.S., Europe and beyond.
“Over the past year, RecycleBank has achieved tremendous growth,” said Stuart Ellman, managing partner, RRE Ventures. “With this round of funding, RecycleBank will have the means to continue its expansion in the U.S. and to penetrate the European market as well.”
RecycleBank motivates households and communities to recycle by measuring the amount of recyclables from each home and converting the weight into RecycleBank Reward Points. These Points can be viewed and redeemed at www.recyclebank.com with more than 400 national RecycleBank Reward Partners such as Kraft Foods, Evian® Natural Spring Water, Dunkin’ Donuts, Stonyfield Farms, Green Mountain Coffee and Coca-Cola, as well as local reward partners like restaurants and grocery stores. Currently, RecycleBank is in more than 40 municipalities throughout Pennsylvania, Delaware, Massachusetts, Vermont, Connecticut and New Jersey. To date, RecycleBank households have already diverted more than 36 million tons of recyclables from landfills.
“Having an investment team that includes RRE Ventures, Sigma Partners, KPCB and The Westly Group is a great compliment to the exceptional team of people at RecycleBank, the value that we are building and our social mission,” said Ron Gonen, co-founder and CEO of RecycleBank.
About RecycleBank:
RecycleBank is a rewards program that motivates people to recycle. It does this by quickly and easily measuring the amount of material each home recycles and then converting that activity into RecycleBank Reward Points that can be used at hundreds of local and national rewards partners. RecycleBank is simple to implement, market-driven and proven to work, saving municipalities’ money and rewarding citizens for their environmental stewardship. RRE Ventures and Sigma Partners are the largest institutional shareholder group and Ron Gonen, the co-founder and CEO is the largest individual shareholder. RecycleBank is headquartered in New York City and also maintains an office in Philadelphia. Visit www.recyclebank.com for more information.
About Kleiner, Perkins, Caulfield and Byers:
Kleiner Perkins Caufield & Byers is leading the venture community to invest in and accelerate Green technology solutions and policy innovations. The firm has been active in GreenTech initiatives since 1999. KPCB has committed more than $200 million to ventures across the globe that offer green technology products and services, such as better biofuels, renewable energy generation, cleaner transportation, improved energy storage, and higher energy efficiency technologies. More than half the firm’s investing professionals are involved in GreenTech investments. www.kpcb.com/greentech Since its founding in 1972, KPCB has backed entrepreneurs in over 475 ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. The firm has offices in Menlo Park, California, Beijing, China and Shanghai, China.
About RRE Ventures:
Since its founding in 1994, RRE Ventures has been dedicated to helping talented management teams build leading companies in the software, communications, and financial services industries. With $850 million in assets, the firm backs entrepreneurs and management teams that possess the knowledge, vision, and discipline to create market-dominating companies. RRE’s team offers a unique combination of management, operations, and investment expertise, as well as an unrivaled network of relationships that has helped build over ninety companies. For more information, visit: www.rre.com.
About Sigma Partners:
Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit http://www.sigmapartners.com.
About The Westly Group:
The Westly Group is a clean technology-oriented venture capital firm located in Menlo Park, California. We focus primarily on companies with proven revenue streams but are open to investments in all stages of growth. We are looking for teams with innovative technologies to solve the world’s most pressing problems. We believe in the power of the passionate entrepreneur—whether sitting in a modern office tower or a dark Silicon Valley garage—to change the world. Our investments tend to be in later stage companies with existing revenue streams and proven technologies. To win in the clean technology space, a company must navigate the halls of government, build a team that knows how to move fast, and meet the modern regulatory standards required of public companies. We pride ourselves on our ability to help our portfolio companies grow and succeed under these conditions.
Contacts Press:Articulate Communications Inc.Kate Corcoran, 212-255-0080, ext. 18kcorcoran@articulatepr.com
Kleiner, Perkins, Caulfield and Byers and The Westly Group Join RRE Ventures and Sigma Partners in Funding Successful Recycling Reward Program
NEW YORK--April 15 2008 --RecycleBank, a rewards program that motivates households to recycle, announced today that it has secured $30 million in Series B funding from leading venture capital firms, Kleiner, Perkins, Caulfield and Byers (KPCB), RRE Ventures, Sigma Partners and The Westly Group. RecycleBank will be using this funding to rapidly scale in the United States and continue expansion into Europe in the next 24 months.
KPCB and The Westly Group join RecycleBank’s current investors, RRE Ventures and Sigma Partners in funding the growth and expansion of RecycleBank. KPCB has been an early investor in more than 300 information technology and biotech firms for more than 30 years, including Sun Microsystems, Google and Amazon.com. Today, KPCB is actively working with GreenTech innovators and entrepreneurs. Al Gore recently joined KPCB as a partner, securing a strategic alliance with Gore’s Generation Investment Management. By combining the network, vision, expertise and global reach of Al Gore and Generation Investment Management, KPCB’s goal is to help entrepreneurs change the world.
“Eighty percent of all garbage is recyclable, yet the average residential recycling rate is less than 20 percent. By simply measuring the amount of recycling and rewarding recyclers with real value, RecycleBank has more than doubled recycling rates in every community that’s deployed the program to-date,” said Trae Vassallo, partner at KPCB. “We’ve been searching hard for companies that provide real benefits to consumers through being green and we were delighted to find RecycleBank. RecycleBank reduces landfills, reduces energy use and rewards consumers for doing the right thing.”
The Westly Group invests in and advises leading CleanTech companies in an effort to accelerate the CleanTech revolution. The company was founded by Steve Westly, who most recently served as the controller and chief fiscal officer the state of California, the world’s sixth largest economy. With extensive operating experience in the private and public sectors, from Silicon Valley to Washington and beyond, The Westly Group uses its experiences to give firms the momentum they need to achieve their potential.
“I truly believe that while most people are focusing on biofuels and solar, recycling is on the cutting edge of clean technology – and RecycleBank is the future of recycling,” said Steve Westly, managing partner of The Westly Group.
In addition to receiving funding from both KPCB and The Westly Group, both RRE Ventures and Sigma Parthers invested in the Series B round. The two companies were part of RecycleBank’s round of Series A funding that was announced in May of 2007. Through the secured Series A funding, RecycleBank was able to expand quickly throughout the Northeast. With this round of Series B funding, RecycleBank will be expanding its program throughout the U.S., Europe and beyond.
“Over the past year, RecycleBank has achieved tremendous growth,” said Stuart Ellman, managing partner, RRE Ventures. “With this round of funding, RecycleBank will have the means to continue its expansion in the U.S. and to penetrate the European market as well.”
RecycleBank motivates households and communities to recycle by measuring the amount of recyclables from each home and converting the weight into RecycleBank Reward Points. These Points can be viewed and redeemed at www.recyclebank.com with more than 400 national RecycleBank Reward Partners such as Kraft Foods, Evian® Natural Spring Water, Dunkin’ Donuts, Stonyfield Farms, Green Mountain Coffee and Coca-Cola, as well as local reward partners like restaurants and grocery stores. Currently, RecycleBank is in more than 40 municipalities throughout Pennsylvania, Delaware, Massachusetts, Vermont, Connecticut and New Jersey. To date, RecycleBank households have already diverted more than 36 million tons of recyclables from landfills.
“Having an investment team that includes RRE Ventures, Sigma Partners, KPCB and The Westly Group is a great compliment to the exceptional team of people at RecycleBank, the value that we are building and our social mission,” said Ron Gonen, co-founder and CEO of RecycleBank.
About RecycleBank:
RecycleBank is a rewards program that motivates people to recycle. It does this by quickly and easily measuring the amount of material each home recycles and then converting that activity into RecycleBank Reward Points that can be used at hundreds of local and national rewards partners. RecycleBank is simple to implement, market-driven and proven to work, saving municipalities’ money and rewarding citizens for their environmental stewardship. RRE Ventures and Sigma Partners are the largest institutional shareholder group and Ron Gonen, the co-founder and CEO is the largest individual shareholder. RecycleBank is headquartered in New York City and also maintains an office in Philadelphia. Visit www.recyclebank.com for more information.
About Kleiner, Perkins, Caulfield and Byers:
Kleiner Perkins Caufield & Byers is leading the venture community to invest in and accelerate Green technology solutions and policy innovations. The firm has been active in GreenTech initiatives since 1999. KPCB has committed more than $200 million to ventures across the globe that offer green technology products and services, such as better biofuels, renewable energy generation, cleaner transportation, improved energy storage, and higher energy efficiency technologies. More than half the firm’s investing professionals are involved in GreenTech investments. www.kpcb.com/greentech Since its founding in 1972, KPCB has backed entrepreneurs in over 475 ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. The firm has offices in Menlo Park, California, Beijing, China and Shanghai, China.
About RRE Ventures:
Since its founding in 1994, RRE Ventures has been dedicated to helping talented management teams build leading companies in the software, communications, and financial services industries. With $850 million in assets, the firm backs entrepreneurs and management teams that possess the knowledge, vision, and discipline to create market-dominating companies. RRE’s team offers a unique combination of management, operations, and investment expertise, as well as an unrivaled network of relationships that has helped build over ninety companies. For more information, visit: www.rre.com.
About Sigma Partners:
Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit http://www.sigmapartners.com.
About The Westly Group:
The Westly Group is a clean technology-oriented venture capital firm located in Menlo Park, California. We focus primarily on companies with proven revenue streams but are open to investments in all stages of growth. We are looking for teams with innovative technologies to solve the world’s most pressing problems. We believe in the power of the passionate entrepreneur—whether sitting in a modern office tower or a dark Silicon Valley garage—to change the world. Our investments tend to be in later stage companies with existing revenue streams and proven technologies. To win in the clean technology space, a company must navigate the halls of government, build a team that knows how to move fast, and meet the modern regulatory standards required of public companies. We pride ourselves on our ability to help our portfolio companies grow and succeed under these conditions.
Contacts Press:Articulate Communications Inc.Kate Corcoran, 212-255-0080, ext. 18kcorcoran@articulatepr.com
Wednesday, April 09, 2008
Cleantech Group Reports Cleantech Investments Up 42 Percent in 1Q08 From Prior Year, Despite Recent Peak of Ethanol, Wind and Thin Film Solar Waves
Cleantech Group Reports Cleantech Investments Up 42 Percent in 1Q08 From Prior Year, Despite Recent Peak of Ethanol, Wind and Thin Film Solar Waves
Long-term trend remains positive, even in face of second sequential quarter decline
SAN FRANCISCO, April 9, 2008 -- The Cleantech Group(TM), founders of the cleantech investment category and providers of leading global market research, released today 1Q08 results for cleantech investments in North America, Europe and Israel totaling $1.25 billion, up 42 percent from the same period a year ago.
1Q08 represents the second consecutive quarterly decline since the record third quarter of 2007, yet is an all-time record for a first quarter period in the cleantech category, and also the first time a first quarter has exceeded the $1 billion mark.
Cleantech Group recorded 79 transactions in 1Q08, averaging $15.8 million per round, up 53 percent from the $10.3 million average a year ago. The increase represents the 4th consecutive quarter of double-digit growth on a year-over-year basis. On a sequential basis, the $1.25 billion invested in 1Q08 was down 20 percent from what was a very strong 4Q07, reflecting possible seasonality in the sector.
"While the long-term investment trend shows continued expansion of the category as a whole, we are seeing contraction in what had been the market-leading sectors of first generation biofuels and second generation solar," said John Balbach, Managing Partner, Cleantech Group. "This healthy minor correction indicates exuberance is giving way to tempered optimism."
Cleantech Group's data suggests two high profile investment waves have peaked:
-- ETHANOL AND WIND (2005-2006): Powered by investments in US ethanol and European wind energy companies, the wave peaked in 3Q06 at $1.52 billion and has steadily declined since.
-- THIN FILM SOLAR (2007): Driven by investments in US and European thin-film solar companies, this wave peaked in 3Q07 at $1.83 billion invested, and has since contracted for two consecutive quarters, to $1.56 billion 4Q07 and $1.25 billion in 1Q08. Thin-film technologies accounted for approximately two-thirds of investments in solar, while crystalline technologies accounted for one-third.
Top Five Global Venture Investors (by number of participations):
Company Deals Amount $(mil)
Khosla Ventures 9 deals, including 3 undisclosed deals 205 New Enterprise Associates 4 deals, total of the rounds 84.4 Kleiner Perkins Caufield 4 deals, including 1 & Byers undisclosed deal 80 Element Partners 4 deals, total of the rounds 68.9 Israel Cleantech Ventures 4 deals, total of the rounds 16.6 Source: Cleantech Group, LLC (TM)
North America
In North America, $873 million was invested in 50 companies. North American cleantech investing increased by 35 percent year-over-year, up from 20 percent growth between 1Q07 and 1Q06. Investment in 1Q08 was lower than the record-breaking 3Q07 and 4Q07, while average deal size has continued to increase for six straight quarters.
Top Five North American Investments (by round size)
Company State Type Amount $(mil)
Range Fuels Colorado Thermochemical cellulosic ethanol $100 Luminus Massachusetts Solid state lighting $72 Infinia Washington Stirling engines $50 Suniva Georgia Crystalline silicon solar cell production $50 Boston Power Massachusetts Li-ion batteries $45 Source: Cleantech Group, LLC (TM)
Top Five North American Sectors
Sector Category Amount $(mil) Number of Deals
Biofuels Energy Generation $195 5 Solar Energy Generation $119 8 LED lighting Energy Efficiency $100 5 Materials Materials $96 3 Li-ion Batteries Energy Storage $58 3 Source: Cleantech Group, LLC (TM)
Energy-related cleantech (energy generation, storage, efficiency and infrastructure) in North America received $678 million, 77.6 percent of the investment total, across 37 companies. Energy has represented at least two-thirds the number of North American cleantech deals for the last eight quarters.
Top Five North American Regions
Region Category Amount $(mil) Number of Companies West Coast (CA) $282 30 Northeast (MA,PA,VT, DC) $223 15 Rockies/Plains (CO) $113 3 Southeast (GA,VA,FL) $9 4 Northwest (WA) $67M 2 Source: Cleantech Group, LLC (TM)
Both Silicon Valley and Canada exhibited seasonal dips, with relatively low $116 million and $43 million invested respectively. California accounted for 32.3 percent of total investments, compared to the previous six quarters of at least 40 percent. The Boston tech cluster hit a high mark of $165 million invested.
Europe & Israel
European and Israeli cleantech companies received USD $377 million in 29 transactions. The quarter was up 63.8 percent year-over-year, a record first quarter, and up 4 percent quarter-over-quarter. The top five investments accounted for 75 percent of the total, including three solar companies in Israel and Germany, one wave energy company in the UK, and one materials company in Sweden. Excluding Israel, European cleantech companies raised $245 million, representing a lowered 7 percent growth versus a year ago.
Western Europe, including the UK, was tracked at $217 million invested in 18 transactions. Israel had a breakout quarter with $132 million across nine companies, the highest ever for the country, driven mainly by a $105 million investment in solar thermal concentrator company Solel Solar Systems. This is a 75 percent increase from the previous quarter. Energy Generation continues to dominate European cleantech investing, accounting for 80 percent of the $377 million total, and up 75 percent from 4Q07.
M&A and IPOs
Cleantech M&A amounted to 47 transactions completed in 1Q08, up from 39 in 1Q07, but less activity versus the previous three quarters. Airtricity was the top acquisition, valuing the wind farm company at approximately $2.1B. Over half of M&As were in energy generation. Cleantech IPOs hit an all-time low with four recorded, the largest being Shenzhen Topray Solar listing on the Shenzhen Stock Exchange generating $60M.
Cleantech Index (CTIUS) Performed Well Despite Current Economic Conditions
The Cleantech Index (CTIUS), composed of 46 companies with a combined market capitalization of approximately $340 billion, was not immune from downward pressures on public equities. Despite sliding 13.6 percent in 1Q08, CTIUS outperformed the NASDAQ Composite Index (down 14.1 percent) and outperformed nearly all the alternative energy indices, which fell in the 18-30 percent range. The S&P 500 was down 9.9 percent and the Russell 2000 Index fell 10.2 percent.
About Cleantech Group, LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers, and entrepreneurs to facilitate the growth of cleantech globally. Visit http://www.cleantech.com.
Source: The Cleantech Group,
Long-term trend remains positive, even in face of second sequential quarter decline
SAN FRANCISCO, April 9, 2008 -- The Cleantech Group(TM), founders of the cleantech investment category and providers of leading global market research, released today 1Q08 results for cleantech investments in North America, Europe and Israel totaling $1.25 billion, up 42 percent from the same period a year ago.
1Q08 represents the second consecutive quarterly decline since the record third quarter of 2007, yet is an all-time record for a first quarter period in the cleantech category, and also the first time a first quarter has exceeded the $1 billion mark.
Cleantech Group recorded 79 transactions in 1Q08, averaging $15.8 million per round, up 53 percent from the $10.3 million average a year ago. The increase represents the 4th consecutive quarter of double-digit growth on a year-over-year basis. On a sequential basis, the $1.25 billion invested in 1Q08 was down 20 percent from what was a very strong 4Q07, reflecting possible seasonality in the sector.
"While the long-term investment trend shows continued expansion of the category as a whole, we are seeing contraction in what had been the market-leading sectors of first generation biofuels and second generation solar," said John Balbach, Managing Partner, Cleantech Group. "This healthy minor correction indicates exuberance is giving way to tempered optimism."
Cleantech Group's data suggests two high profile investment waves have peaked:
-- ETHANOL AND WIND (2005-2006): Powered by investments in US ethanol and European wind energy companies, the wave peaked in 3Q06 at $1.52 billion and has steadily declined since.
-- THIN FILM SOLAR (2007): Driven by investments in US and European thin-film solar companies, this wave peaked in 3Q07 at $1.83 billion invested, and has since contracted for two consecutive quarters, to $1.56 billion 4Q07 and $1.25 billion in 1Q08. Thin-film technologies accounted for approximately two-thirds of investments in solar, while crystalline technologies accounted for one-third.
Top Five Global Venture Investors (by number of participations):
Company Deals Amount $(mil)
Khosla Ventures 9 deals, including 3 undisclosed deals 205 New Enterprise Associates 4 deals, total of the rounds 84.4 Kleiner Perkins Caufield 4 deals, including 1 & Byers undisclosed deal 80 Element Partners 4 deals, total of the rounds 68.9 Israel Cleantech Ventures 4 deals, total of the rounds 16.6 Source: Cleantech Group, LLC (TM)
North America
In North America, $873 million was invested in 50 companies. North American cleantech investing increased by 35 percent year-over-year, up from 20 percent growth between 1Q07 and 1Q06. Investment in 1Q08 was lower than the record-breaking 3Q07 and 4Q07, while average deal size has continued to increase for six straight quarters.
Top Five North American Investments (by round size)
Company State Type Amount $(mil)
Range Fuels Colorado Thermochemical cellulosic ethanol $100 Luminus Massachusetts Solid state lighting $72 Infinia Washington Stirling engines $50 Suniva Georgia Crystalline silicon solar cell production $50 Boston Power Massachusetts Li-ion batteries $45 Source: Cleantech Group, LLC (TM)
Top Five North American Sectors
Sector Category Amount $(mil) Number of Deals
Biofuels Energy Generation $195 5 Solar Energy Generation $119 8 LED lighting Energy Efficiency $100 5 Materials Materials $96 3 Li-ion Batteries Energy Storage $58 3 Source: Cleantech Group, LLC (TM)
Energy-related cleantech (energy generation, storage, efficiency and infrastructure) in North America received $678 million, 77.6 percent of the investment total, across 37 companies. Energy has represented at least two-thirds the number of North American cleantech deals for the last eight quarters.
Top Five North American Regions
Region Category Amount $(mil) Number of Companies West Coast (CA) $282 30 Northeast (MA,PA,VT, DC) $223 15 Rockies/Plains (CO) $113 3 Southeast (GA,VA,FL) $9 4 Northwest (WA) $67M 2 Source: Cleantech Group, LLC (TM)
Both Silicon Valley and Canada exhibited seasonal dips, with relatively low $116 million and $43 million invested respectively. California accounted for 32.3 percent of total investments, compared to the previous six quarters of at least 40 percent. The Boston tech cluster hit a high mark of $165 million invested.
Europe & Israel
European and Israeli cleantech companies received USD $377 million in 29 transactions. The quarter was up 63.8 percent year-over-year, a record first quarter, and up 4 percent quarter-over-quarter. The top five investments accounted for 75 percent of the total, including three solar companies in Israel and Germany, one wave energy company in the UK, and one materials company in Sweden. Excluding Israel, European cleantech companies raised $245 million, representing a lowered 7 percent growth versus a year ago.
Western Europe, including the UK, was tracked at $217 million invested in 18 transactions. Israel had a breakout quarter with $132 million across nine companies, the highest ever for the country, driven mainly by a $105 million investment in solar thermal concentrator company Solel Solar Systems. This is a 75 percent increase from the previous quarter. Energy Generation continues to dominate European cleantech investing, accounting for 80 percent of the $377 million total, and up 75 percent from 4Q07.
M&A and IPOs
Cleantech M&A amounted to 47 transactions completed in 1Q08, up from 39 in 1Q07, but less activity versus the previous three quarters. Airtricity was the top acquisition, valuing the wind farm company at approximately $2.1B. Over half of M&As were in energy generation. Cleantech IPOs hit an all-time low with four recorded, the largest being Shenzhen Topray Solar listing on the Shenzhen Stock Exchange generating $60M.
Cleantech Index (CTIUS) Performed Well Despite Current Economic Conditions
The Cleantech Index (CTIUS), composed of 46 companies with a combined market capitalization of approximately $340 billion, was not immune from downward pressures on public equities. Despite sliding 13.6 percent in 1Q08, CTIUS outperformed the NASDAQ Composite Index (down 14.1 percent) and outperformed nearly all the alternative energy indices, which fell in the 18-30 percent range. The S&P 500 was down 9.9 percent and the Russell 2000 Index fell 10.2 percent.
About Cleantech Group, LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers, and entrepreneurs to facilitate the growth of cleantech globally. Visit http://www.cleantech.com.
Source: The Cleantech Group,
Tuesday, April 08, 2008
Clear Skies Solar Signs LOA for $20 Million Solar Energy Deal in India
Clear Skies Solar Signs LOA for $20 Million Solar Energy Deal in India
Five Megawatt Solar Power Facility Marks Company's Entrance to International Market
NEW YORK & INDIA - Clear Skies Solar, Inc. (OTCBB: CSKH) today announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India to develop and construct the first of several solar energy projects in India.
In this project, which is Clear Skies Solar’s first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel mill and support the community’s energy grid system, providing much-needed energy on this particular line.
“We recognize that the continued use of fossil fuels negatively impacts both the economy and the environment,” said Power Cube Chairman Mohan Kejriwal. “As such, Power Cube is determined to meet a portion of India’s energy requirements by developing several large solar photovoltaic projects (PV Projects) which will generate electricity from sunlight.”
“India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs.”
“While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed,” added Green. “Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs.”
“Clear Skies Solar has shown that it has the ability and innovative construction techniques to execute this contract, and we look forward to this project beginning in October of 2008,” added Kejriwal. “It is the goal of both parties to complete the construction of the five megawatt PV Project and for it to be operational before March of 2009.”
Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc
Five Megawatt Solar Power Facility Marks Company's Entrance to International Market
NEW YORK & INDIA - Clear Skies Solar, Inc. (OTCBB: CSKH) today announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India to develop and construct the first of several solar energy projects in India.
In this project, which is Clear Skies Solar’s first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel mill and support the community’s energy grid system, providing much-needed energy on this particular line.
“We recognize that the continued use of fossil fuels negatively impacts both the economy and the environment,” said Power Cube Chairman Mohan Kejriwal. “As such, Power Cube is determined to meet a portion of India’s energy requirements by developing several large solar photovoltaic projects (PV Projects) which will generate electricity from sunlight.”
“India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs.”
“While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed,” added Green. “Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs.”
“Clear Skies Solar has shown that it has the ability and innovative construction techniques to execute this contract, and we look forward to this project beginning in October of 2008,” added Kejriwal. “It is the goal of both parties to complete the construction of the five megawatt PV Project and for it to be operational before March of 2009.”
Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc
Monday, April 07, 2008
Biofuel Market Benefits from China's Multi-pronged Efforts toward the Development of Renewable Energy
Biofuel Market Benefits from China's Multi-pronged Efforts toward the Development of Renewable Energy
April 7 2008 Research and Markets (http://www.researchandmarkets.com/reports/c87786) has announced the addition of "Strategic Analysis of the Chinese Biofuel Market" to their offering. The rapidly developing Chinese biofuel market is expected to gain momentum with the Chinese Government's move to assign top priority to renewable energy. Challenges thrown up by agricultural, energy, and environmental considerations have stimulated increasing interest in renewable energy sources, primarily biofuel. Although the market is still in the embryonic stage, the potential it offers is enormous. Since 2001, China has been actively propagating the utilization of environmental-friendly energies. Since biofuel is a low-pollution fuel compared to mineral petroleum or diesel, it has proved to be the best option among these new energies. The Renewable Energy Act, 2006 defines the scope of biofuel and acknowledges its strategic position in China's economic growth. The Government has introduced a special fund for the development of renewable energy. Producing far less pollution than mineral petroleum or diesel, biofuel also helps to bolster China's strategies to promote an inherently cleaner economy.
Since the 1990s, China has been witnessing increased growth in energy consumption. Domestic sources are unable to cope with the rising demands from the industry and transportation sectors, consequently forcing China to depend heavily on imported petroleum. To implement its long-term development plans to boost biofuel production, the Government offers tax exemption and financial subsidies for rural residents engaged in the cultivation of biofuel energy crops. By promoting the cultivation of energy crops and providing working opportunities in the biofuel industry, China is helping the development of the rural economy. The Government is also following a policy of protectionism and creating an advantageous market environment for domestic manufacturers. "At present, most biofuel manufacturers are domestic participants," notes the analyst of this research service. "In fact, all four bioethanol factories are large-sized state-owned enterprises."
Increased Production of Crop-based Energy Alternatives and Tighter Legislation to Boost Biofuel Market Initiatives
The shortage of feedstock, especially in the wake of the increased demand for biofuels, is a major constraint to the development of the bioethanol as well as the biodiesel segments. As biofuel feedstock cultivation is still in the development stages, large-scale supply is lacking at this juncture. "Whether the feedstock supply can satisfy the need of the biofuel industry is determined by the land availability for energy crop and the security status of food in China," says the analyst. According to the Biomass Industry Development Plan, arable land was not allowed to be used for the cultivation of non-food crop; instead, feedstock cultivators could only use wasteland, alkaline, or saline land. The National Development and Reform Commission has outlined a detailed plan of action for the bioethanol industry, wherein the production of bioethanol is expected to reach 200,000 tons by 2010. China has also commissioned four pilot projects dedicated to the production of bioethanol to augment its efforts to step up production.
A series of guidelines, plans, and strategies were undertaken to invigorate the production of biomass energy since 2005. To ensure the steady development of the domestic biodiesel industry, China is likely to continue having a stern regulatory control on the biodiesel industry from 2007 to 2010, while the more advanced bioethanol segment already has regulations governing it," says the analyst. This stringent national control over the bioethanol industry has dissuaded foreign investment." However, investors could gain favourable policy outcomes and government support by liaising extensively with government branches. They also need to conform to the Chinese regulatory environment and establish alliances with local manufacturers instead of setting up wholly funded branches.
This Frost & Sullivan research service titled Strategic Analysis of the Chinese Biofuel Market provides an overview of the Chinese biofuel market size and structure as a whole, along with the complete analysis of key market drivers, restraints, and trends that are impacting the market growth of key engineering plastics. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: biodiesel and bioethanol.
Key Topics:
- Executive Summary
- Strategic Analysis of the Total Biofuel Market in China
- Strategic Analysis of the Chinese Biodiesel Market
- Strategic Analysis of the Chinese Bioethanol Market
- Regulatory and Legislatory Analysis
- Appendix
For more information visit http://www.researchandmarkets.com/reports/c87786
Contact:
Research and MarketsLaura WoodSenior ManagerFax: +353 1 4100 980press@researchandmarkets.com
April 7 2008 Research and Markets (http://www.researchandmarkets.com/reports/c87786) has announced the addition of "Strategic Analysis of the Chinese Biofuel Market" to their offering. The rapidly developing Chinese biofuel market is expected to gain momentum with the Chinese Government's move to assign top priority to renewable energy. Challenges thrown up by agricultural, energy, and environmental considerations have stimulated increasing interest in renewable energy sources, primarily biofuel. Although the market is still in the embryonic stage, the potential it offers is enormous. Since 2001, China has been actively propagating the utilization of environmental-friendly energies. Since biofuel is a low-pollution fuel compared to mineral petroleum or diesel, it has proved to be the best option among these new energies. The Renewable Energy Act, 2006 defines the scope of biofuel and acknowledges its strategic position in China's economic growth. The Government has introduced a special fund for the development of renewable energy. Producing far less pollution than mineral petroleum or diesel, biofuel also helps to bolster China's strategies to promote an inherently cleaner economy.
Since the 1990s, China has been witnessing increased growth in energy consumption. Domestic sources are unable to cope with the rising demands from the industry and transportation sectors, consequently forcing China to depend heavily on imported petroleum. To implement its long-term development plans to boost biofuel production, the Government offers tax exemption and financial subsidies for rural residents engaged in the cultivation of biofuel energy crops. By promoting the cultivation of energy crops and providing working opportunities in the biofuel industry, China is helping the development of the rural economy. The Government is also following a policy of protectionism and creating an advantageous market environment for domestic manufacturers. "At present, most biofuel manufacturers are domestic participants," notes the analyst of this research service. "In fact, all four bioethanol factories are large-sized state-owned enterprises."
Increased Production of Crop-based Energy Alternatives and Tighter Legislation to Boost Biofuel Market Initiatives
The shortage of feedstock, especially in the wake of the increased demand for biofuels, is a major constraint to the development of the bioethanol as well as the biodiesel segments. As biofuel feedstock cultivation is still in the development stages, large-scale supply is lacking at this juncture. "Whether the feedstock supply can satisfy the need of the biofuel industry is determined by the land availability for energy crop and the security status of food in China," says the analyst. According to the Biomass Industry Development Plan, arable land was not allowed to be used for the cultivation of non-food crop; instead, feedstock cultivators could only use wasteland, alkaline, or saline land. The National Development and Reform Commission has outlined a detailed plan of action for the bioethanol industry, wherein the production of bioethanol is expected to reach 200,000 tons by 2010. China has also commissioned four pilot projects dedicated to the production of bioethanol to augment its efforts to step up production.
A series of guidelines, plans, and strategies were undertaken to invigorate the production of biomass energy since 2005. To ensure the steady development of the domestic biodiesel industry, China is likely to continue having a stern regulatory control on the biodiesel industry from 2007 to 2010, while the more advanced bioethanol segment already has regulations governing it," says the analyst. This stringent national control over the bioethanol industry has dissuaded foreign investment." However, investors could gain favourable policy outcomes and government support by liaising extensively with government branches. They also need to conform to the Chinese regulatory environment and establish alliances with local manufacturers instead of setting up wholly funded branches.
This Frost & Sullivan research service titled Strategic Analysis of the Chinese Biofuel Market provides an overview of the Chinese biofuel market size and structure as a whole, along with the complete analysis of key market drivers, restraints, and trends that are impacting the market growth of key engineering plastics. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: biodiesel and bioethanol.
Key Topics:
- Executive Summary
- Strategic Analysis of the Total Biofuel Market in China
- Strategic Analysis of the Chinese Biodiesel Market
- Strategic Analysis of the Chinese Bioethanol Market
- Regulatory and Legislatory Analysis
- Appendix
For more information visit http://www.researchandmarkets.com/reports/c87786
Contact:
Research and MarketsLaura WoodSenior ManagerFax: +353 1 4100 980press@researchandmarkets.com
Monday, March 31, 2008
Yahoo! Survey of Consumers for Earth Day
Yahoo! recently completed a survey of U.S. consumers to find out how they plan to celebrate Earth Day, what environmental issues are top of mind, and how much recycling and reusing are a part of daily life. The answers may surprise you – more than half of all those surveyed didn’t even know that April 22nd was Earth Day.
Consumer knowledge of key ‘environmental terms”
The word global warming, reuse and carbon neutral can mean many things to many individuals. Most Americans claim to know how to define global warming and understand the concept of reuse. However, only a third of all Americans can define the word carbon neutral.
Impacting The Environment
Consumers believe that reuse, recycling and curbing car use is the most effective way to positively impact the environment. However, education about global warming is still needed as less than half believe that Global warming is bad for their personal health, and only one in ten believe that eating meat might be bad for the environment.
Interestingly enough, only ½ of all consumers believe that their individual contribution has any impact on the earth as a whole.
Thinking And Action
63% of consumers recycle and 57% reuse products every chance they get. Many are also using energy efficient appliances and light bulbs around the home. However, apart from recycling, consumers are significantly less likely to give up red meat, take public transportation, carpool and even buy environmentally friendly cleaning supplies.
Boomers have an elevated sense of urgency when it comes to the environment. They feel significantly more positive about their individual contribution maybe because of their elevated belief that global warming will impact them in their lifetime. That train of thought and thinking leads significantly greater action in recycling, reuse, and green clean product buying. This thinking translates into advocacy, as a quarter will convince friends to buy eco-friendly products when they ask my opinion on purchases.
However, not even they are more likely to take more public transportation, carpool or abstain from meat.
Even with all these initiatives around the environment, nearly half believe Global Warming won’t impact their generation or lifetime and 1/5 believe it is a sensationalized story by the media.
Recycling and reusing, why not?
Among those who don’t recycle, the biggest reason is difficulty where they live, simply forgetting and not knowing where to go to recycle. Nearly 4 in 10 don’t know why they don’t reuse more. Lack of knowledge is the biggest barrier to reusing different products.
The biggest driver to product reuse is cost savings which is at parity with the positive environmental impact. A functional cost savings message tied with the positive impact on environment may most appeal when talking about reuse to consumers.
One very positive outcome is that nearly 90% of Americans would consider product reuse products if more education was done on the matter. In fact, a third of Boomers are ready to make a change to reuse products every chance they get if provided with the right information.
39% of all consumers will pay a little extra for environmentally friendly products
Earth Day
More than half didn’t know that April 22 is Earth Day. 44% of all consumers have no plans to do anything during Earth Day. However, among those who do know about earth day, almost seven in ten will participate in an earth day event. Most will participate in recycling or tree planting. A quarter will participate in an earth day event.
Consumer knowledge of key ‘environmental terms”
The word global warming, reuse and carbon neutral can mean many things to many individuals. Most Americans claim to know how to define global warming and understand the concept of reuse. However, only a third of all Americans can define the word carbon neutral.
Impacting The Environment
Consumers believe that reuse, recycling and curbing car use is the most effective way to positively impact the environment. However, education about global warming is still needed as less than half believe that Global warming is bad for their personal health, and only one in ten believe that eating meat might be bad for the environment.
Interestingly enough, only ½ of all consumers believe that their individual contribution has any impact on the earth as a whole.
Thinking And Action
63% of consumers recycle and 57% reuse products every chance they get. Many are also using energy efficient appliances and light bulbs around the home. However, apart from recycling, consumers are significantly less likely to give up red meat, take public transportation, carpool and even buy environmentally friendly cleaning supplies.
Boomers have an elevated sense of urgency when it comes to the environment. They feel significantly more positive about their individual contribution maybe because of their elevated belief that global warming will impact them in their lifetime. That train of thought and thinking leads significantly greater action in recycling, reuse, and green clean product buying. This thinking translates into advocacy, as a quarter will convince friends to buy eco-friendly products when they ask my opinion on purchases.
However, not even they are more likely to take more public transportation, carpool or abstain from meat.
Even with all these initiatives around the environment, nearly half believe Global Warming won’t impact their generation or lifetime and 1/5 believe it is a sensationalized story by the media.
Recycling and reusing, why not?
Among those who don’t recycle, the biggest reason is difficulty where they live, simply forgetting and not knowing where to go to recycle. Nearly 4 in 10 don’t know why they don’t reuse more. Lack of knowledge is the biggest barrier to reusing different products.
The biggest driver to product reuse is cost savings which is at parity with the positive environmental impact. A functional cost savings message tied with the positive impact on environment may most appeal when talking about reuse to consumers.
One very positive outcome is that nearly 90% of Americans would consider product reuse products if more education was done on the matter. In fact, a third of Boomers are ready to make a change to reuse products every chance they get if provided with the right information.
39% of all consumers will pay a little extra for environmentally friendly products
Earth Day
More than half didn’t know that April 22 is Earth Day. 44% of all consumers have no plans to do anything during Earth Day. However, among those who do know about earth day, almost seven in ten will participate in an earth day event. Most will participate in recycling or tree planting. A quarter will participate in an earth day event.
Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch
Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch
Foreign Investment in Thin Film Solar Stock Attributed to Momentum
POINT ROBERTS, WA and DELTA, BC –March 31, 2008, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks following last weeks surge.
Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities attributed some of the momentum to thin film solar company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an additional 2,341,897 shares with gross proceeds to the company of approximately $28.4 million. He reports in an audio commentary, “With a weak dollar, foreign companies may be looking at some of these smaller solar stocks as extremely cheap investments in terms of future performance.”
Hear the full Audio commentary recorded March 28, 2008: Play:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
Other factors in the solar stocks spike include earnings from Solarfun beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt installation.
Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin,” In my opinion, one of the primary reasons for this solar rally is really quite simple – NO MORE SELLERS were left to drive solar stock down any further. In his recent column he goes on to say, “Last week, seemingly out of nowhere, solar stocks literally exploded (up over 15% for the week) catching almost everyone by total surprise. The general market has recently been in turmoil over the housing crisis, the credit crunch and the looming fear of an impending recession; not exactly a general market environment conducive for rallies in any sector. But in spite of this bleak backdrop the solar sector roared ahead regardless.”
In terms of future success in the solar sector he reports he looks for companies that are “ vertically integrated in the traditional silicon segment, have cost effective thin film products or are in higher margin areas such as building integrated photovoltaics (BIPV). “
Lux Research forecasts a shakeout in the solar industry, “We project that the supply of solar modules will exceed demand in 2009, leading to falling prices and a shake-out among companies that aren’t prepared to thrive in this new environment – particularly crystalline silicon players that haven’t invested in new thin-film technologies.”
Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
“Thin film solar technologies offer opportunities to deliver the lower cost per watt. This is due to lower material costs, and the ability to scale and automate manufacturing processes. I believe that these are among the reasons that analysts anticipate greater compounded growth rates for thin films than other solar technologies.”
XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %
ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15
Average Performance 3/24/08 to 3/28/08 +15.53
Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8
Investorideas.com and RenewableEnergyStocks.com recently hosted an online investor conference, March 20, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar (NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the recent online Greentech Investorideas.com Conference, in addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter Lynch .
J Peter Lynch’s online media presentation for March Online Conference: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar showcase company and compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Foreign Investment in Thin Film Solar Stock Attributed to Momentum
POINT ROBERTS, WA and DELTA, BC –March 31, 2008, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks following last weeks surge.
Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities attributed some of the momentum to thin film solar company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an additional 2,341,897 shares with gross proceeds to the company of approximately $28.4 million. He reports in an audio commentary, “With a weak dollar, foreign companies may be looking at some of these smaller solar stocks as extremely cheap investments in terms of future performance.”
Hear the full Audio commentary recorded March 28, 2008: Play:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
Other factors in the solar stocks spike include earnings from Solarfun beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt installation.
Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin,” In my opinion, one of the primary reasons for this solar rally is really quite simple – NO MORE SELLERS were left to drive solar stock down any further. In his recent column he goes on to say, “Last week, seemingly out of nowhere, solar stocks literally exploded (up over 15% for the week) catching almost everyone by total surprise. The general market has recently been in turmoil over the housing crisis, the credit crunch and the looming fear of an impending recession; not exactly a general market environment conducive for rallies in any sector. But in spite of this bleak backdrop the solar sector roared ahead regardless.”
In terms of future success in the solar sector he reports he looks for companies that are “ vertically integrated in the traditional silicon segment, have cost effective thin film products or are in higher margin areas such as building integrated photovoltaics (BIPV). “
Lux Research forecasts a shakeout in the solar industry, “We project that the supply of solar modules will exceed demand in 2009, leading to falling prices and a shake-out among companies that aren’t prepared to thrive in this new environment – particularly crystalline silicon players that haven’t invested in new thin-film technologies.”
Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
“Thin film solar technologies offer opportunities to deliver the lower cost per watt. This is due to lower material costs, and the ability to scale and automate manufacturing processes. I believe that these are among the reasons that analysts anticipate greater compounded growth rates for thin films than other solar technologies.”
XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %
ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15
Average Performance 3/24/08 to 3/28/08 +15.53
Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8
Investorideas.com and RenewableEnergyStocks.com recently hosted an online investor conference, March 20, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar (NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the recent online Greentech Investorideas.com Conference, in addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter Lynch .
J Peter Lynch’s online media presentation for March Online Conference: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar showcase company and compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Friday, March 28, 2008
Renewable Energy Stocks Audio Interview; Ezra Green, CEO & Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH) Discusses Business Model
Renewable Energy Stocks Audio Interview; Ezra Green, CEO & Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH) Discusses Business Model and Development of New Solar Technologies
“We are very similar to SunEdison, with the structure of doing installations internally”
POINT ROBERTS, WA and DELTA, BC - March 27, 2008 - http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up audio interview on solar stocks featuring Ezra Green, CEO and Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH).
When asked what larger company Clear Skies Solar, Inc. (OTCBB: CSKH) could be comparable to, strictly from a business model, Mr. Green responded, “We are very similar to the SunEdisons, (http://www.sunedison.com/ ) with the structure of doing installations internally. We have all the talent in-house, with the exception of contract labor. We are project managers and we have the experience to install and completely manage large scale projects.”
Clear Skies Solar, Inc. (OTCBB: CSKH) is also developing technology, to stay ahead of their competition. Mr. Green goes on to discuss the company’s X-Trax™ Solar monitoring system that was developed in- house and the development of new technologies moving forward. “If we need a specific tool for the industry to give us an edge over the competition, we need to develop it in- house so we can be more expeditious in our installations, be more competitive in our pricing, and of course add to the speed of the installations while maintaining high quality. We are always developing new products and filing patents to make sure we are leading and cutting edge in the industry. “
Following up on the X-Trax™ news, the company recently announced a new proprietary TetraPort Solar Energy Carport System, the third solar technology solution developed exclusively by Clear Skies Solar.
In terms of new markets, Mr. Green went on to say the company is exploring Asian Markets, as well as Australia and South Africa.
To hear the full Audio/Podcast click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/030408a.mp3
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.clearskiesgroup.com/.
Clear Skies Solar, Inc. (OTC BB: CSKH.OB) presented in the Investorideas.com online Greentech investor conference, March 20, 2008. To play presentation: /Forums/Media/Green2/cskh/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Clear Skies Holdings, Inc
“We are very similar to SunEdison, with the structure of doing installations internally”
POINT ROBERTS, WA and DELTA, BC - March 27, 2008 - http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up audio interview on solar stocks featuring Ezra Green, CEO and Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH).
When asked what larger company Clear Skies Solar, Inc. (OTCBB: CSKH) could be comparable to, strictly from a business model, Mr. Green responded, “We are very similar to the SunEdisons, (http://www.sunedison.com/ ) with the structure of doing installations internally. We have all the talent in-house, with the exception of contract labor. We are project managers and we have the experience to install and completely manage large scale projects.”
Clear Skies Solar, Inc. (OTCBB: CSKH) is also developing technology, to stay ahead of their competition. Mr. Green goes on to discuss the company’s X-Trax™ Solar monitoring system that was developed in- house and the development of new technologies moving forward. “If we need a specific tool for the industry to give us an edge over the competition, we need to develop it in- house so we can be more expeditious in our installations, be more competitive in our pricing, and of course add to the speed of the installations while maintaining high quality. We are always developing new products and filing patents to make sure we are leading and cutting edge in the industry. “
Following up on the X-Trax™ news, the company recently announced a new proprietary TetraPort Solar Energy Carport System, the third solar technology solution developed exclusively by Clear Skies Solar.
In terms of new markets, Mr. Green went on to say the company is exploring Asian Markets, as well as Australia and South Africa.
To hear the full Audio/Podcast click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/030408a.mp3
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.clearskiesgroup.com/.
Clear Skies Solar, Inc. (OTC BB: CSKH.OB) presented in the Investorideas.com online Greentech investor conference, March 20, 2008. To play presentation: /Forums/Media/Green2/cskh/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Clear Skies Holdings, Inc
Thursday, March 27, 2008
Credit Suisse to Make Strategic Investment in Renewable Energy Sector Through Hudson Clean Energy Partners
Credit Suisse to Make Strategic Investment in Renewable Energy Sector Through Hudson Clean Energy Partners
John Cavalier, Top Alternative Energy Banker, to Join Hudson from Credit Suisse
NEW YORK--March 27 2008 --Hudson Clean Energy Partners and Credit Suisse announced today that they have reached an agreement in principle whereby Credit Suisse, together with its clients and affiliates, will commit at least USD 300 million to make principal investments in the renewable energy sector through Hudson. As part of this, John Cavalier, Head of Credit Suisse’s Renewable Energy investment banking practice, will join Hudson as a Partner. In his new capacity, Mr. Cavalier will join Neil Auerbach, Hudson’s founder, as Co-Managing Partner of the investment platform. Mr. Cavalier was formerly Chairman of the Energy Group and Vice Chairman of Investment Banking Department Americas within Credit Suisse’s Investment Banking division. Under the leadership of Mr. Cavalier, Credit Suisse’s Alternative Renewable Energy investment banking practice has become Wall Street’s leading clean energy franchise.
Prior to founding Hudson, Mr. Auerbach was a Partner at Goldman Sachs, where he created and led Goldman’s U.S. Alternative Energy investment business and managed over USD 3 billion in assets for the firm. Auerbach launched Hudson with Daniel Gross and Joseph Slamm, former Goldman colleagues from the U.S. Alternative Energy investment business who are also Partners at Hudson.
Mr. Cavalier said, “Credit Suisse has been looking to invest its own capital in renewable energy for a long time, and the firm has been supportive of my desire to transition from investment banking to principal investing in the sector. We were highly selective in searching for the right team. Hudson’s principals have an unparalleled track record of successfully backing the leading companies in the industry. I am highly confident that Hudson will become the premier private equity firm in the clean energy sector for years to come.”
Mr. Auerbach said, “We are thrilled to receive such a resounding endorsement through this investment from the leading investment bank in the industry, and I am delighted that John Cavalier has decided to join me in managing the firm. As the leading banker in the renewable energy industry, John brings a wealth of experience and relationships to Hudson that will accelerate our ability to identify and create the best investment opportunities and deliver outstanding investment returns to our limited partners. Our strategic relationship with Credit Suisse promises to be hugely accretive to Hudson. We have already begun to see their impressive pipeline of deal flow.”
Brian Finn, Chairman of Alternative Investments at Credit Suisse, said, “We are excited about making this strategic investment in Hudson and believe there is a real untapped opportunity in this attractive asset class. The Hudson team brings deep industry experience and an extraordinary investment track record. Offering Hudson Credit Suisse’s expertise in developed and emerging markets, alternative investments, and renewable energy investment banking, as well as deal flow, adds a significant dimension.”
This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.
About Hudson Clean Energy Partners
Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com.
About Credit Suisse
Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Asset Management
In its Asset Management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as private equity, real estate, hedge funds, and volatility management. Credit Suisse’s Asset Management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 23 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
The Asset Management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.
Credit Suisse Alternative Investments (“CSAI”) is a leading global alternative asset manager involved in private equity, hedge funds and related activities. The CSAI businesses include Funds and Alternative Solutions, Leveraged Investments, Quantitative Strategies, and Volaris as well as a diverse family of private equity funds, including leveraged buyout funds, mezzanine funds, core and opportunity real estate funds, secondary funds and private equity fund of fund businesses. With over $155 billion in managed assets and exceptional investment performance, Credit Suisse is one of the world's largest and most successful managers of alternatives. CS AI is also the world's leading placement agent in alternative assets, raising capital for third-party managers through its Private Fund Group and Real Estate Private Fund Group. The CS AI businesses have more than a 20-year history of strong investment performance, with leading market share positions.
Contact:HudsonNeil Auerbach, +1-201-287-4100neil.auerbach@hudsoncep.comorCredit SuisseSuzanne Fleming, +1-212-325-7396suzanne.fleming@credit-suisse.com
Source: Credit Suisse
John Cavalier, Top Alternative Energy Banker, to Join Hudson from Credit Suisse
NEW YORK--March 27 2008 --Hudson Clean Energy Partners and Credit Suisse announced today that they have reached an agreement in principle whereby Credit Suisse, together with its clients and affiliates, will commit at least USD 300 million to make principal investments in the renewable energy sector through Hudson. As part of this, John Cavalier, Head of Credit Suisse’s Renewable Energy investment banking practice, will join Hudson as a Partner. In his new capacity, Mr. Cavalier will join Neil Auerbach, Hudson’s founder, as Co-Managing Partner of the investment platform. Mr. Cavalier was formerly Chairman of the Energy Group and Vice Chairman of Investment Banking Department Americas within Credit Suisse’s Investment Banking division. Under the leadership of Mr. Cavalier, Credit Suisse’s Alternative Renewable Energy investment banking practice has become Wall Street’s leading clean energy franchise.
Prior to founding Hudson, Mr. Auerbach was a Partner at Goldman Sachs, where he created and led Goldman’s U.S. Alternative Energy investment business and managed over USD 3 billion in assets for the firm. Auerbach launched Hudson with Daniel Gross and Joseph Slamm, former Goldman colleagues from the U.S. Alternative Energy investment business who are also Partners at Hudson.
Mr. Cavalier said, “Credit Suisse has been looking to invest its own capital in renewable energy for a long time, and the firm has been supportive of my desire to transition from investment banking to principal investing in the sector. We were highly selective in searching for the right team. Hudson’s principals have an unparalleled track record of successfully backing the leading companies in the industry. I am highly confident that Hudson will become the premier private equity firm in the clean energy sector for years to come.”
Mr. Auerbach said, “We are thrilled to receive such a resounding endorsement through this investment from the leading investment bank in the industry, and I am delighted that John Cavalier has decided to join me in managing the firm. As the leading banker in the renewable energy industry, John brings a wealth of experience and relationships to Hudson that will accelerate our ability to identify and create the best investment opportunities and deliver outstanding investment returns to our limited partners. Our strategic relationship with Credit Suisse promises to be hugely accretive to Hudson. We have already begun to see their impressive pipeline of deal flow.”
Brian Finn, Chairman of Alternative Investments at Credit Suisse, said, “We are excited about making this strategic investment in Hudson and believe there is a real untapped opportunity in this attractive asset class. The Hudson team brings deep industry experience and an extraordinary investment track record. Offering Hudson Credit Suisse’s expertise in developed and emerging markets, alternative investments, and renewable energy investment banking, as well as deal flow, adds a significant dimension.”
This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.
About Hudson Clean Energy Partners
Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com.
About Credit Suisse
Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Asset Management
In its Asset Management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as private equity, real estate, hedge funds, and volatility management. Credit Suisse’s Asset Management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 23 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
The Asset Management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.
Credit Suisse Alternative Investments (“CSAI”) is a leading global alternative asset manager involved in private equity, hedge funds and related activities. The CSAI businesses include Funds and Alternative Solutions, Leveraged Investments, Quantitative Strategies, and Volaris as well as a diverse family of private equity funds, including leveraged buyout funds, mezzanine funds, core and opportunity real estate funds, secondary funds and private equity fund of fund businesses. With over $155 billion in managed assets and exceptional investment performance, Credit Suisse is one of the world's largest and most successful managers of alternatives. CS AI is also the world's leading placement agent in alternative assets, raising capital for third-party managers through its Private Fund Group and Real Estate Private Fund Group. The CS AI businesses have more than a 20-year history of strong investment performance, with leading market share positions.
Contact:HudsonNeil Auerbach, +1-201-287-4100neil.auerbach@hudsoncep.comorCredit SuisseSuzanne Fleming, +1-212-325-7396suzanne.fleming@credit-suisse.com
Source: Credit Suisse
The Cleantech Index (CTIUS) Adds IT and Energy Efficiency Leaders to PortfolioTelvent (TLVT) and Power Integrations (POWI) Join Cleantech Index
The Cleantech Index (CTIUS) Adds IT and Energy Efficiency Leaders to PortfolioTelvent (TLVT) and Power Integrations (POWI) Join Cleantech Index
NEW YORK, March 27 2008 -- Cleantech Indices, LLC, in conjunction with the American Stock Exchange (AMEX), today announced the quarterly rebalancing of The Cleantech Index (Amex: CTIUS - News), effective March 29, 2008. Spain's Telvent GIT S.A. (Nasdaq: TLVT - News) and California-based Power Integrations (Nasdaq: POWI) will join The Cleantech Index and replace International Rectifier (NYSE: IRF - News), Power-One (Nasdaq: PWER ) and EnerNOC, Inc. (Nasdaq: ENOC ).
The changes will also be reflected in the exchange-traded funds (ETFs) based upon CTIUS: the PowerShares Cleantech Portfolio ETF (Amex: PZD ) and the KSM Cleantech ETF (Bloomberg ticker: KSMCLNT) in Israel.
"We selected Telvent and Power Integrations for their strong growth potential, technology, impact, sector representation and leadership," said managing partner and index advisor, Rafael Coven of Cleantech Indices. "Both companies excel at applying innovative cleantech solutions to a broad array of applications that millions of people use everyday: from appliances, lighting and telecom networks to public transport and highways systems."
Telvent, a global information technology company, provides real-time services and products to customers in energy and energy transmission and for intelligent transportation systems for roadways and public transport networks. Telvent also provides IT solutions for water and wastewater management, and continuous monitoring of emissions, air & water quality and weather conditions.
Power Integrations Inc. is a leading developer and manufacturer of proprietary high-voltage analog integrated circuits (ICs) used in power conversion. Utilizing its Eco-Smart® technology, the company's ICs have enabled compact, lightweight power supplies that are more energy-efficient and reliable for a broad range of consumer and industrial products.
About The Cleantech Index(TM) (CTIUS)
The Cleantech Index is the first, and only, equity index intended to reflect the surging global demand for clean technology products and services. CTIUS is comprised of 46 public companies that are leaders in cleantech innovation and commercial deployment across a broad range of industry sectors: from energy efficiency and renewables to advanced materials, air & water purification, eco-friendly agriculture/nutrition, etc.
By tracking the market performance of the premier cleantech companies, CTIUS is the industry standard index used for a growing range of financial products. Investors now have an easy, cost-effective, and liquid means to invest in the broad cleantech investment category -- and do so with less risk than previously possible.
For more information visit: http://www.cleantechindex.com.
About Cleantech Group(TM), LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group family of companies founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers and entrepreneurs to facilitate the growth of cleantech globally.
Source: Cleantech Group, LLC
NEW YORK, March 27 2008 -- Cleantech Indices, LLC, in conjunction with the American Stock Exchange (AMEX), today announced the quarterly rebalancing of The Cleantech Index (Amex: CTIUS - News), effective March 29, 2008. Spain's Telvent GIT S.A. (Nasdaq: TLVT - News) and California-based Power Integrations (Nasdaq: POWI) will join The Cleantech Index and replace International Rectifier (NYSE: IRF - News), Power-One (Nasdaq: PWER ) and EnerNOC, Inc. (Nasdaq: ENOC ).
The changes will also be reflected in the exchange-traded funds (ETFs) based upon CTIUS: the PowerShares Cleantech Portfolio ETF (Amex: PZD ) and the KSM Cleantech ETF (Bloomberg ticker: KSMCLNT) in Israel.
"We selected Telvent and Power Integrations for their strong growth potential, technology, impact, sector representation and leadership," said managing partner and index advisor, Rafael Coven of Cleantech Indices. "Both companies excel at applying innovative cleantech solutions to a broad array of applications that millions of people use everyday: from appliances, lighting and telecom networks to public transport and highways systems."
Telvent, a global information technology company, provides real-time services and products to customers in energy and energy transmission and for intelligent transportation systems for roadways and public transport networks. Telvent also provides IT solutions for water and wastewater management, and continuous monitoring of emissions, air & water quality and weather conditions.
Power Integrations Inc. is a leading developer and manufacturer of proprietary high-voltage analog integrated circuits (ICs) used in power conversion. Utilizing its Eco-Smart® technology, the company's ICs have enabled compact, lightweight power supplies that are more energy-efficient and reliable for a broad range of consumer and industrial products.
About The Cleantech Index(TM) (CTIUS)
The Cleantech Index is the first, and only, equity index intended to reflect the surging global demand for clean technology products and services. CTIUS is comprised of 46 public companies that are leaders in cleantech innovation and commercial deployment across a broad range of industry sectors: from energy efficiency and renewables to advanced materials, air & water purification, eco-friendly agriculture/nutrition, etc.
By tracking the market performance of the premier cleantech companies, CTIUS is the industry standard index used for a growing range of financial products. Investors now have an easy, cost-effective, and liquid means to invest in the broad cleantech investment category -- and do so with less risk than previously possible.
For more information visit: http://www.cleantechindex.com.
About Cleantech Group(TM), LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group family of companies founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers and entrepreneurs to facilitate the growth of cleantech globally.
Source: Cleantech Group, LLC
Monday, March 24, 2008
Hi-Lites of Greentech online conference - Hear Presentations Online
"Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," is now archived and accessible
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
Not registered? Click here : http://www.investorideas.com/forums/Register.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
Here are a few links for review of just a few of the presentations - to hear all the industry speakers - register free and access at your convenience
http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
http://www.investorideas.com/Forums/Media/Green2/zaap/default.aspx
http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
http://www.investorideas.com/Forums/Media/Green2/mnichols/default.aspx
http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
Not registered? Click here : http://www.investorideas.com/forums/Register.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
Here are a few links for review of just a few of the presentations - to hear all the industry speakers - register free and access at your convenience
http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
http://www.investorideas.com/Forums/Media/Green2/zaap/default.aspx
http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
http://www.investorideas.com/Forums/Media/Green2/mnichols/default.aspx
http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
New ZAP (OTCBB: ZAAP) Electric Truck Offers More Payload Capacity
New ZAP (OTCBB: ZAAP) Electric Truck Offers More Payload Capacity
SANTA ROSA, Calif., March 24, 2008 - With gasoline prices predicted to reach new records in 2008 and government and corporate fleets scrambling to reduce costs, electric car pioneer ZAP (OTCBB: ZAAP) is introducing a new electric truck for fleets with a greater payload rating.
A prototype of the ZAP XL Truck has been completed and production models are expected for delivery to customers by the fall of this year. In the United States, the XL Truck will meet full Department of Transportation requirements for Low Speed Vehicles with a top speed of 25 MPH. As part of ZAP's global distribution strategy, the ZAP Truck XL will be designed to meet or exceed government certifications that would allow for distribution throughout most of the world.
ZAP has delivered hundreds of its city-speed vehicle called the Xebra for fleet applications, but fleet managers are also searching for larger electric vehicles that can handle heavier payloads. Both the Xebra and the XL Truck have a two-passenger capacity, but while the payload rating for the Xebra is 500 pounds, the payload for the XL Truck is rated at 770 pounds. The cargo bed of the XL Truck is also larger at 58" long X 53" wide and 11.5" deep.
California-based ZAP has executed an electric vehicle development and worldwide exclusive distribution agreement with a vehicle manufacturer in China. The two companies began development of the XL Truck last year and have finalized an agreement to enter production. ZAP is now accepting reservations for the XL Truck at its website http://www.zapworld.com.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal. For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact: ZAP Alex Campbell 707-525-8658 ext. 241 acampbell@zapworld.com
Source: ZAP
SANTA ROSA, Calif., March 24, 2008 - With gasoline prices predicted to reach new records in 2008 and government and corporate fleets scrambling to reduce costs, electric car pioneer ZAP (OTCBB: ZAAP) is introducing a new electric truck for fleets with a greater payload rating.
A prototype of the ZAP XL Truck has been completed and production models are expected for delivery to customers by the fall of this year. In the United States, the XL Truck will meet full Department of Transportation requirements for Low Speed Vehicles with a top speed of 25 MPH. As part of ZAP's global distribution strategy, the ZAP Truck XL will be designed to meet or exceed government certifications that would allow for distribution throughout most of the world.
ZAP has delivered hundreds of its city-speed vehicle called the Xebra for fleet applications, but fleet managers are also searching for larger electric vehicles that can handle heavier payloads. Both the Xebra and the XL Truck have a two-passenger capacity, but while the payload rating for the Xebra is 500 pounds, the payload for the XL Truck is rated at 770 pounds. The cargo bed of the XL Truck is also larger at 58" long X 53" wide and 11.5" deep.
California-based ZAP has executed an electric vehicle development and worldwide exclusive distribution agreement with a vehicle manufacturer in China. The two companies began development of the XL Truck last year and have finalized an agreement to enter production. ZAP is now accepting reservations for the XL Truck at its website http://www.zapworld.com.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal. For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact: ZAP Alex Campbell 707-525-8658 ext. 241 acampbell@zapworld.com
Source: ZAP
Thursday, March 20, 2008
Preview the Online Event with Solar Expert, J. Peter Lynch, as he Discusses Solar Market Trends, Thin Film, BIPV and Solar Stocks: Conergy, First Sola
Preview the Online Event with Solar Expert, J. Peter Lynch, as he Discusses Solar Market Trends, Thin Film, BIPV and Solar Stocks: Conergy, First Solar and Q-Cells
POINT ROBERTS, WA and DELTA, BC---March 20, 2008 -- www.InvestorIdeas.com and Renewableenergystocks.com, global green investor portals, remind investors of the Investorideas.com Global Greentech Online Investor Conference, live today. The free audio conference will be uploaded and accessible online, to registered users starting at 9:00 a.m. Eastern.
Investorideas.com features solar expert J. Peter Lynch’s online presentation as a preview of the event, showing the quality and depth of information you can expect to hear. Mr. Lynch comments, “The current trend is towards thin film “, as he hi-lites three of his favorite stocks in the space: Conergy, First Solar and Q-Cells. He goes on to say, “The solar industry is in its infancy and just in the beginning of a long term growth phase.”
Play: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
The online conference themed: "Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," features industry leaders and participants including: Christina Page, Yahoo!’s Director of Climate and Energy Strategy, Mary Nichols, appointed by Governor Schwarzenegger in July 2007 to lead California in its efforts to reduce greenhouse gases, Akeena Solar, Inc. (NasdaqCM:AKNS ),Robert Wilder, WilderHill Clean Energy Index and Neil Berlant, Manager of the PFW Water Fund.
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
About Our Green Investor Portals and Renewableenergystocks.com
Investorideas.com green investor content covers renewable energy, water, environment and fuel cells, featuring news, articles, financial columnists, audio interviews and Podcasts, investor conferences, industry links and resources, a comprehensive global directory of publicly traded stocks, as well as featured showcase companies.
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. 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: Presenting public companies, other than featured companies which compensate Investorideas.com on a monthly basis, pay a one time fee of $1000 to present. For disclosure and disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Contact:
Dawn Van Zant
800.665.0411
Email: dvanzant@investorideas.com
Source: Investorideas.com; Renewableenergystocks.com; Akeena Solar, Inc, Medis Technologies Ltd., XsunX and Clear Skies Solar, Inc
POINT ROBERTS, WA and DELTA, BC---March 20, 2008 -- www.InvestorIdeas.com and Renewableenergystocks.com, global green investor portals, remind investors of the Investorideas.com Global Greentech Online Investor Conference, live today. The free audio conference will be uploaded and accessible online, to registered users starting at 9:00 a.m. Eastern.
Investorideas.com features solar expert J. Peter Lynch’s online presentation as a preview of the event, showing the quality and depth of information you can expect to hear. Mr. Lynch comments, “The current trend is towards thin film “, as he hi-lites three of his favorite stocks in the space: Conergy, First Solar and Q-Cells. He goes on to say, “The solar industry is in its infancy and just in the beginning of a long term growth phase.”
Play: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
The online conference themed: "Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," features industry leaders and participants including: Christina Page, Yahoo!’s Director of Climate and Energy Strategy, Mary Nichols, appointed by Governor Schwarzenegger in July 2007 to lead California in its efforts to reduce greenhouse gases, Akeena Solar, Inc. (NasdaqCM:AKNS ),Robert Wilder, WilderHill Clean Energy Index and Neil Berlant, Manager of the PFW Water Fund.
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
About Our Green Investor Portals and Renewableenergystocks.com
Investorideas.com green investor content covers renewable energy, water, environment and fuel cells, featuring news, articles, financial columnists, audio interviews and Podcasts, investor conferences, industry links and resources, a comprehensive global directory of publicly traded stocks, as well as featured showcase companies.
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. 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: Presenting public companies, other than featured companies which compensate Investorideas.com on a monthly basis, pay a one time fee of $1000 to present. For disclosure and disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Contact:
Dawn Van Zant
800.665.0411
Email: dvanzant@investorideas.com
Source: Investorideas.com; Renewableenergystocks.com; Akeena Solar, Inc, Medis Technologies Ltd., XsunX and Clear Skies Solar, Inc
Wednesday, March 19, 2008
March 20th Online Greentech Investor Conference Schedule of Times for Presenters
http://www.investorideas.com/Forums/Portals/Green2.aspx- register and login -
Time
Presenter
Listen
6:00 am pst
Christina Page, Yahoo!’s Director of Climate and Energy Strategy
6:20 am pst
Robert Wilder - WilderHill Clean Energy Index
6:40 am pst
Peter C. Fusaro - Chairman & Founder of Global Change Associates
7:00 am pst
Akeena Solar, Inc.
7:20 am pst
Jamie Wimberly - Distributed Energy Financial Group (DEFG) LLC
7:40 am pst
Matthew Sant - Partner, Irell & Manella LLP
8:00 am pst
XsunX, Inc.
8:20 am pst
Rafael Coven - Managing Partner, Cleantech Indices™
8:40 am pst
Adam Krop - Vice President-Equity Research, Ardour Capital Investments, LLC
9:00 pm pst
Medis Technologies Ltd.
9:20 pm pst
Estelle Lloyd - Venture Business Research Ltd.
9:40 pm pst
Brian C. Yerger - CFA Research Analyst
10:00 pm pst
ZAP
10:20 pm pst
J. Peter Lynch - Solar Expert
10:40 pm pst
Telkonet SmartEnergy
11:00 pm pst
Neil D. Berlant - Senior Vice President Managing Director – Water Group Crowell, Weedon & Co.
11:20 pm pst
Clear Skies Solar, Inc.
11:40 pm pst
Neal M Dikeman - Jane Capital Partners LLC
12:00 pm pst
Mary D. Nichols - Chairman, California Air Resources Board
12:20 pm pst
Joshua Levine - Editor, ChangeWave Investing and ChangeWave MicroCap Investor
12:40 pm pst
Yeves Perez - CEO & CGO, Eco Investment Club
1:00 pm pst
Mark Henwood, Founder - Camino Energy
Time
Presenter
Listen
6:00 am pst
Christina Page, Yahoo!’s Director of Climate and Energy Strategy
6:20 am pst
Robert Wilder - WilderHill Clean Energy Index
6:40 am pst
Peter C. Fusaro - Chairman & Founder of Global Change Associates
7:00 am pst
Akeena Solar, Inc.
7:20 am pst
Jamie Wimberly - Distributed Energy Financial Group (DEFG) LLC
7:40 am pst
Matthew Sant - Partner, Irell & Manella LLP
8:00 am pst
XsunX, Inc.
8:20 am pst
Rafael Coven - Managing Partner, Cleantech Indices™
8:40 am pst
Adam Krop - Vice President-Equity Research, Ardour Capital Investments, LLC
9:00 pm pst
Medis Technologies Ltd.
9:20 pm pst
Estelle Lloyd - Venture Business Research Ltd.
9:40 pm pst
Brian C. Yerger - CFA Research Analyst
10:00 pm pst
ZAP
10:20 pm pst
J. Peter Lynch - Solar Expert
10:40 pm pst
Telkonet SmartEnergy
11:00 pm pst
Neil D. Berlant - Senior Vice President Managing Director – Water Group Crowell, Weedon & Co.
11:20 pm pst
Clear Skies Solar, Inc.
11:40 pm pst
Neal M Dikeman - Jane Capital Partners LLC
12:00 pm pst
Mary D. Nichols - Chairman, California Air Resources Board
12:20 pm pst
Joshua Levine - Editor, ChangeWave Investing and ChangeWave MicroCap Investor
12:40 pm pst
Yeves Perez - CEO & CGO, Eco Investment Club
1:00 pm pst
Mark Henwood, Founder - Camino Energy
Everything an investor needs to learn about renewable energy investing - all in one place in one day and its free
Online Greentech Investor Conference - Live Online March 20, 2008 9:00 a.m. ET , Archived Minimum 3 months
The Investorideas.com Global Greentech Online Investor ConferenceInsight Into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, Water and More...
Brought to you by our Green Investor Portals - The ultimate in green conferences - why fly on a plane, take a taxi to a green conference when you can participate in our global online conferences with minimum carbon footprint and maximum greentech insight!
Investor Registration
The conference format will consist of an audio presentation (average 15 minutes) with images in a slideshow presentation, in flash format.Pre-Register Today - Free Online Investor Registration : click here
Online Greentech Conference - Present Your Public Company Story with some of the Industry's best expertsFor companies wanting to participate, click on the link for the contracts and fax back to 866-735-3518 Canadian Companies - click here US and Foreign Companies - click here
ContactDawn Van ZantToll free: 800-665-0411Email: dvanzant@investorideas.com
We make it easy for you to participate - we record your audio presentation over the phone and take your PDF or PowerPoint and put into our own unique flash player. We can record you anytime up to an including one week before the conference goes live. Our last 2 online conferences - we had over 50,000 visitors the first three days.
InvestorIdeas.com® Online Audio Investor Conferences are Eco - Friendly. Our Online Audio Conferences Featuring CEO's and Industry Experts have minimal carbon footprint with No Travel Required! How our conferences work: click here
Presenting Greentech Industry , Government and Investment Experts - Hear what the experts have to say!
Neil D. BerlantFund Manager of the PFW Water FundSince 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and is a frequent water expert on CNBC.
click here for more
Rafael CovenManaging Partner, Cleantech Indices™ Rafael Coven has an ideal combination of extensive cleantech industry and institutional investor experience. He has spent most of the last 23 years in cleantech as a manager, entrepreneur, equity investor, and management consultant.Rafael has global experience working with or consulting to such leading cleantech firms as Abengoa, Dynatech, Philips Lighting, Siemens, and numerous private equity and venture capital investors in the sector. During the 1990s, Rafael was an international equity analyst at Dietche & Field Advisors where he evaluated, made, and managed a $700 million segment of the firm's $5.6 billion equity holdings (including many cleantech companies). He has also founded three cleantech companies and still actively reviews numerous cleantech businesses. He has lived and worked in numerous countries and speaks Italian and Spanish.
click here for more
Neal M DikemanJane Capital Partners LLCNeal is one of the founding partners of Jane Capital Partners LLC, an energy and technology merchant bank whose clients have included the technology arms of multinational energy companies. He has launched several startups, including Carbonflow in carbon credit IT. He previously cofounded SC Power Systems, Inc. and its successor Zenergy Power plc (AIM:ZEN) in superconductor technology, helped launch WaiterPad POS Systems, Inc. in wireless hospitality POS solutions, and led the spin-out of Fideris, Inc. in fuel cell test & measurement. He has served as a director of several technology companies, edits the Cleantech Blog, named one of the 50 Best Business Blogs by London Times, and chairs Cleantech.org. Before entering private equity, he began his career in energy investment banking at Bankers Trust, and has a B.A. from Texas A&M University.
Peter C. FusaroChairman, Global Change AssociatesPeter C. Fusaro is Chairman of Global Change Associates in New York and is the best selling author of What Went Wrong at Enron and 12 other books on energy and the environment. Peter is an energy industry thought leader noted for his keen insights in emerging energy and environmental financial markets. He has been on the forefront of energy and environmental change for over 30 years focusing on oil, gas, power, coal, emissions, carbon trading and renewable energy markets. Peter is currently advising on carbon trading and clean energy technology arena to financial services companies. Peter was selected for Who’s Who in America for 2007 and 2008. He coined the term “Green Trading” and holds the Wall Street Green Trading Summit with Reuters in New York each spring. He is also a well known expert on Asia Pacific energy and environmental markets. He co-founded the Energy Hedge Fund Center LLC (www.energyhedgefunds.com) in 2004. Peter graduated with an MA in international relations from Tufts University and a BA from Carnegie-Mellon University.
Mark Henwood, FounderCamino EnergyMark Henwood founded and directs Camino Energy. Previously, Mark grew Henwood Energy Services, Inc. into one of the premier providers of software, information, and consulting services to the global power industry. After selling the company to form Global Energy Decisions, Mark started Camino because of his long term interest in sustainable energy and the need for information to help guide investment in this vital and growing sector. In addition to his activities at Camino, Mark is the CEO of Henwood Associates (a Sustainable Energy Business), serves on the boards of PowerLytix, LLC and PLEXOS Solutions LLC., and manages a diversified portfolio of equities and fixed income. He is also active in promoting sustainable energy businesses in Sacramento, CA through his involvement with CleanStart where he is Vice Chairman and with start-ups as a venture partner at Velocity Ventures LLC. Camino Energy provides comprehensive global tracking and accurate segmentation of publicly-traded sustainable energy businesses. Our PurePlaytm Indices allow focused investment in companies pursuing specific business activities. Current coverage includes Solar, Renewable Electricity, Biofuels, and Fuel Cells.
Adam KropVice President-Equity Research, Ardour Capital Investments, LLCAdam Krop is responsible for equity research coverage within the solar sector. Prior to joining Ardour Capital as a senior analyst, he was an associate analyst with AG Edwards covering the household products industry from 2005 - 2007. Adam received his M.B.A. in Finance from Fordham University in 2004 while working in Ardour Capital’s equity research training program. He holds a B.S. in Biology from James Madison University.
Joshua LevineEditor, ChangeWave Investing and ChangeWave MicroCap InvestorMr. Levine has more than 20 years of experience researching technology trends and analyzing and investing in micro- and small-cap stocks. In 2002 he joined ChangeWave Research -- an independent investment research firm -- as a technology analyst. As the editor of two ChangeWave advisory services, he guides investors through the analytical process of stock selection and managing a high-performance growth portfolio. He also works closely with the ChangeWave Alliance, an intelligence network of 13,000 credentialed professionals, including CIOs, IT managers, executive management, scientists and engineers, from a broad cross section of 20 markets. Alternative Energy and Cleantech are two primary industries targeted by the Alliance's research activities. www.Changewave.com
J. Peter LynchSolar ExpertMr. J. Peter Lynch has worked, for 31 years as a Wall Street security analyst, an independent investment/merchant banker and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy area since 1977 and is regarded as a leading expert in this field.He is one of the few people with a through understand of each of the critical areas involved: finance, the equity markets and the renewable energy industry. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world.He has been a speaker and presenter at numerous financial conferences on a variety of topics, including solar energy and solar energy related stocks. He is currently a private investor and financial/technology consultant to a number of companies. He can be reached via e-mail at: solarjpl@aol.com.
Estelle Lloyd Founder and COO, Venture Business Research Estelle Lloyd is the founder and COO of Venture Business Research a leading global source of research and deal intelligence on venture capital and private equity funds and their investments, M&A and the public capital markets. Their customer product and service span four major areas of innovation: Clean Technologies and Renewable Energy, Security (Homeland & IT) and Defense, Healthcare Innovations, Health, Wellness and Better Nutrition. By focusing on fundraisings currently marketed, acquisition targets, M&A opportunities and upcoming IPOs they deliver actionable intelligence that provides insight into tomorrow's industry leading companies. In addition, VBR's research platform offers the most accurate and comprehensive databases of deals and investors analyzed by private placements, buyouts, PIPEs, M&A and IPOs to facilitate corporate finance decision-making. Venture Business research services range from governments and multinational companies to investment banks, venture capitalists, private equity funds, hedge funds and law firms in over 55 countries. Venture Business Research was founded in 2005 and employs 20 analysts and journalists in various locations around the globe.Estelle has worked in Venture Capital and Investment Banking for the past 12 years. She is an MBA graduate from the dual international MBA program of Columbia Graduate School of Business in New York and London Business School. www.vbresearch.com.
Mary D. NicholsChairman, California Air Resources BoardMary D. Nichols, JD, was appointed Chair of the California Air Resources Board in July 2007, a post she held previously under Gov. Edmund H, Brown Jr. from 1979 to 1983. At CARB she is responsible for implementing California's landmark greenhouse gas emissions legislation as well as setting air pollution standards for motor vehicles and fuels.After graduating from Cornell University and Yale Law School Ms. Nichols practiced environmental law in Los Angeles, bringing cases on behalf of environmental and public health organizations to enforce state and federal clean air legislation. President Clinton appointed her to head the Office of Air and Radiation at US EPA, where she was responsible for, among many other regulatory breakthroughs, the acid rain trading program and setting the first air quality standard for fine particles. She also served as California's Secretary for Natural Resources from 1999 to 2003. Prior to her return to the ARB, Ms. Nichols was Professor of Law and Director of the Institute of the Environment at UCLA.
Yeves PerezCEO & CGO, Eco Investment ClubEco Investment Network International, Inc. (EINI) was founded in 2007 in order to achieve our mission, which is to support the progression of the Green Movement. It is evident that there has been an inevitable shift in social consciousness towards things that are Eco-friendly, Sustainable, or "Green". This new market has emerged in the business world, both nationally and internationally, and corresponding technological, economical, and political trends have indicated that this market will continue to grow at an unprecedented rate. This global shift in social consciousness has created a worldwide demand for "Green". http://www.ecoinvestmentclub.com
Matthew SantPartner, Irell & Manella LLPMatthew Sant is a partner at Irell & Manella LLP, and practices in the firm's Newport Beach, California office. Mr. Sant represents some of the most exciting and innovative companies in the global economy. Matthew Sant's practice focuses on the structure and negotiation of complex licensing, development and commercial transactions involving intellectual property assets and emerging technologies. His experience also includes debt and equity financing, mergers and acquisitions, and public and private corporate securities. Among his clients are several companies and funds exploring "green" technologies, including the developer of hybrid and electric vehicles, the developer of proprietary "waste to energy" technologies for producing biofuels, and a fund that has invested in solar and other renewable energy technologies. www.Irell.com.
click here for more
Robert Wilder, J.D., Ph.D.WilderHill Clean Energy IndexDr. Rob Wilder is Founder and the Manager of the WilderHill Clean Energy Index (ECO), the first and leading Index on Wall Street for renewables & clean solutions. The Index is tracked by a PowerShares WilderHill Clean Energy Portfolio (symbol PBW) which has grown to over $1.75 billion in assets within its first three years. www.wildershares.com
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Jamie Wimberly, CEODistributed Energy Financial Group (DEFG)Jamie Wimberly founded and currently serves as CEO of the Distributed Energy Financial Group (DEFG, www.defgllc.com), a holding company with three branded entities, including: DEFG LLC, EcoAlign, DEFG Ventures.
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Brian C. Yerger CFAResearch AnalystBrian Yerger is responsible for covering the Alternative Energy industry for Jesup & Lamont. Mr. Yerger has almost 15 years of experience on Wall Street in sales, trading and investment banking prior to joining the research department in 2007.Brian holds a Bachelor of Science in Business Administration from the University of Delaware. He is a Chartered Financial Analyst (CFA™) and a member of the CFA Society of Philadelphia. He holds the following series registrations: 7, 63, 65, 86 & 87.He is frequently quoted in such financial media outlets as AP™, Barron’s™, Bloomberg™, BusinessWeek™, and Forbes™ as well as a presenting expert on the industry at such forums as the CFA of Philadelphia and will be presenting at the upcoming CompositesWorld conference. Currently, Brian publishes from our Mid Atlantic regional office in Wilmington, Delaware.
Participating Public Companies
Keynote:
Yahoo! Inc.YHOOInterview with Christina Page, Yahoo!’s Director of Climate and Energy Strategy
Akeena Solar, Inc.NasdaqCM: AKNSBarry Cinnamon, CEO “The Path of Solar to Grid Parity an End Users Perspective” Barry Cinnamon, is a widely recognized expert and long-time advocate of solar power. He began his career in solar energy at the Massachusetts Institute of Technology (MIT). During the late 1970s and early 1980s, he designed and installed active solar, passive solar and ground coupled heat pump systems. He served as CEO of Software Publishing Corporation, and founded Allegro New Media. Mr. Cinnamon earned a BS Degree in Mechanical Engineering from MIT and an MBA degree in Marketing from Wharton. He is a NABCEP Certified Solar Installer, a licensed California C-46 Solar Contractor, an active member of the Silicon Valley Leadership Group and a member of the Board of Directors of the national Solar Energy Industries Association and California Solar Energy Industry Association.
Clear Skies Solar, Inc.(OTCBB: CSKH)Clear Skies Solar, Inc. ("CSG") delivers turnkey Solar Electricity Installations and Renewable Energy Technology Solutions to commercial and residential customers across the United States. Since its launch, Clear Skies Group has installed solar power systems for municipalities, real estate developers, agricultural locations, office and residential complexes, storage facilities, manufacturing plants, schools, and more. www.ClearSkiesGroup.com
Essential Innovations Technology( OTCBB:ESIV ) http://www.eitechcorp.com
Medis Technologies Ltd. (NASDAQ:MDTL)Medis Technologies’ primary focus is on its fuel cell technology. Its business strategy is to sell its products to end users through OEM partnerships, retail outlets, service providers and to the military and other markets. Medis’ indirect majority-owned subsidiary, Cell Kinetics Ltd., is engaged in the development and commercialization of the CKChip, a unique cell carrier platform intended for simultaneous fluoroscopic monitoring and analysis of thousands of individual living cells over time. www.medistechnologies.com
Telkonet SmartEnergy and Telkonet, Inc.(AMEX: TKO)Telkonet SmartEnergy (TSE) is an intelligent, occupancy-driven in-room energy management system, providing an economic, green approach to controlling HVAC usage and improving energy efficiency. It incorporates a patented technology – Recovery Time™ (RT) that performs constant real-time calculations to adjust and maintain a room’s temperature based on occupancy. Unlike conventional fixed-setback systems, where the temperature is often forced to one fixed temperature in all rooms, RT takes into account a diverse range of factors to determine each room’s energy efficient temperature, restoring the temperature to the users’ desired comfort setting within minutes of returning to a room. TSE has been proven to deliver a rapid return on investment, often achieving quantifiable savings of approximately 30% by eliminating the wasteful heating and cooling of unoccupied rooms. Operating on an individual room-by-room basis, the system uses a combination of occupancy sensors, along with intelligent programmable thermostats or PTAC controllers, underpinned by RT’s unique functionality that ensures rooms are never excessively hot or cold when an occupant returns to the room.
click here for more
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. www.XsunX.com
ZAP(OTCBB: ZAAP)ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. www.ZapWorld.com
The Investorideas.com Global Greentech Online Investor ConferenceInsight Into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, Water and More...
Brought to you by our Green Investor Portals - The ultimate in green conferences - why fly on a plane, take a taxi to a green conference when you can participate in our global online conferences with minimum carbon footprint and maximum greentech insight!
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The conference format will consist of an audio presentation (average 15 minutes) with images in a slideshow presentation, in flash format.Pre-Register Today - Free Online Investor Registration : click here
Online Greentech Conference - Present Your Public Company Story with some of the Industry's best expertsFor companies wanting to participate, click on the link for the contracts and fax back to 866-735-3518 Canadian Companies - click here US and Foreign Companies - click here
ContactDawn Van ZantToll free: 800-665-0411Email: dvanzant@investorideas.com
We make it easy for you to participate - we record your audio presentation over the phone and take your PDF or PowerPoint and put into our own unique flash player. We can record you anytime up to an including one week before the conference goes live. Our last 2 online conferences - we had over 50,000 visitors the first three days.
InvestorIdeas.com® Online Audio Investor Conferences are Eco - Friendly. Our Online Audio Conferences Featuring CEO's and Industry Experts have minimal carbon footprint with No Travel Required! How our conferences work: click here
Presenting Greentech Industry , Government and Investment Experts - Hear what the experts have to say!
Neil D. BerlantFund Manager of the PFW Water FundSince 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and is a frequent water expert on CNBC.
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Rafael CovenManaging Partner, Cleantech Indices™ Rafael Coven has an ideal combination of extensive cleantech industry and institutional investor experience. He has spent most of the last 23 years in cleantech as a manager, entrepreneur, equity investor, and management consultant.Rafael has global experience working with or consulting to such leading cleantech firms as Abengoa, Dynatech, Philips Lighting, Siemens, and numerous private equity and venture capital investors in the sector. During the 1990s, Rafael was an international equity analyst at Dietche & Field Advisors where he evaluated, made, and managed a $700 million segment of the firm's $5.6 billion equity holdings (including many cleantech companies). He has also founded three cleantech companies and still actively reviews numerous cleantech businesses. He has lived and worked in numerous countries and speaks Italian and Spanish.
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Neal M DikemanJane Capital Partners LLCNeal is one of the founding partners of Jane Capital Partners LLC, an energy and technology merchant bank whose clients have included the technology arms of multinational energy companies. He has launched several startups, including Carbonflow in carbon credit IT. He previously cofounded SC Power Systems, Inc. and its successor Zenergy Power plc (AIM:ZEN) in superconductor technology, helped launch WaiterPad POS Systems, Inc. in wireless hospitality POS solutions, and led the spin-out of Fideris, Inc. in fuel cell test & measurement. He has served as a director of several technology companies, edits the Cleantech Blog, named one of the 50 Best Business Blogs by London Times, and chairs Cleantech.org. Before entering private equity, he began his career in energy investment banking at Bankers Trust, and has a B.A. from Texas A&M University.
Peter C. FusaroChairman, Global Change AssociatesPeter C. Fusaro is Chairman of Global Change Associates in New York and is the best selling author of What Went Wrong at Enron and 12 other books on energy and the environment. Peter is an energy industry thought leader noted for his keen insights in emerging energy and environmental financial markets. He has been on the forefront of energy and environmental change for over 30 years focusing on oil, gas, power, coal, emissions, carbon trading and renewable energy markets. Peter is currently advising on carbon trading and clean energy technology arena to financial services companies. Peter was selected for Who’s Who in America for 2007 and 2008. He coined the term “Green Trading” and holds the Wall Street Green Trading Summit with Reuters in New York each spring. He is also a well known expert on Asia Pacific energy and environmental markets. He co-founded the Energy Hedge Fund Center LLC (www.energyhedgefunds.com) in 2004. Peter graduated with an MA in international relations from Tufts University and a BA from Carnegie-Mellon University.
Mark Henwood, FounderCamino EnergyMark Henwood founded and directs Camino Energy. Previously, Mark grew Henwood Energy Services, Inc. into one of the premier providers of software, information, and consulting services to the global power industry. After selling the company to form Global Energy Decisions, Mark started Camino because of his long term interest in sustainable energy and the need for information to help guide investment in this vital and growing sector. In addition to his activities at Camino, Mark is the CEO of Henwood Associates (a Sustainable Energy Business), serves on the boards of PowerLytix, LLC and PLEXOS Solutions LLC., and manages a diversified portfolio of equities and fixed income. He is also active in promoting sustainable energy businesses in Sacramento, CA through his involvement with CleanStart where he is Vice Chairman and with start-ups as a venture partner at Velocity Ventures LLC. Camino Energy provides comprehensive global tracking and accurate segmentation of publicly-traded sustainable energy businesses. Our PurePlaytm Indices allow focused investment in companies pursuing specific business activities. Current coverage includes Solar, Renewable Electricity, Biofuels, and Fuel Cells.
Adam KropVice President-Equity Research, Ardour Capital Investments, LLCAdam Krop is responsible for equity research coverage within the solar sector. Prior to joining Ardour Capital as a senior analyst, he was an associate analyst with AG Edwards covering the household products industry from 2005 - 2007. Adam received his M.B.A. in Finance from Fordham University in 2004 while working in Ardour Capital’s equity research training program. He holds a B.S. in Biology from James Madison University.
Joshua LevineEditor, ChangeWave Investing and ChangeWave MicroCap InvestorMr. Levine has more than 20 years of experience researching technology trends and analyzing and investing in micro- and small-cap stocks. In 2002 he joined ChangeWave Research -- an independent investment research firm -- as a technology analyst. As the editor of two ChangeWave advisory services, he guides investors through the analytical process of stock selection and managing a high-performance growth portfolio. He also works closely with the ChangeWave Alliance, an intelligence network of 13,000 credentialed professionals, including CIOs, IT managers, executive management, scientists and engineers, from a broad cross section of 20 markets. Alternative Energy and Cleantech are two primary industries targeted by the Alliance's research activities. www.Changewave.com
J. Peter LynchSolar ExpertMr. J. Peter Lynch has worked, for 31 years as a Wall Street security analyst, an independent investment/merchant banker and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy area since 1977 and is regarded as a leading expert in this field.He is one of the few people with a through understand of each of the critical areas involved: finance, the equity markets and the renewable energy industry. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world.He has been a speaker and presenter at numerous financial conferences on a variety of topics, including solar energy and solar energy related stocks. He is currently a private investor and financial/technology consultant to a number of companies. He can be reached via e-mail at: solarjpl@aol.com.
Estelle Lloyd Founder and COO, Venture Business Research Estelle Lloyd is the founder and COO of Venture Business Research a leading global source of research and deal intelligence on venture capital and private equity funds and their investments, M&A and the public capital markets. Their customer product and service span four major areas of innovation: Clean Technologies and Renewable Energy, Security (Homeland & IT) and Defense, Healthcare Innovations, Health, Wellness and Better Nutrition. By focusing on fundraisings currently marketed, acquisition targets, M&A opportunities and upcoming IPOs they deliver actionable intelligence that provides insight into tomorrow's industry leading companies. In addition, VBR's research platform offers the most accurate and comprehensive databases of deals and investors analyzed by private placements, buyouts, PIPEs, M&A and IPOs to facilitate corporate finance decision-making. Venture Business research services range from governments and multinational companies to investment banks, venture capitalists, private equity funds, hedge funds and law firms in over 55 countries. Venture Business Research was founded in 2005 and employs 20 analysts and journalists in various locations around the globe.Estelle has worked in Venture Capital and Investment Banking for the past 12 years. She is an MBA graduate from the dual international MBA program of Columbia Graduate School of Business in New York and London Business School. www.vbresearch.com.
Mary D. NicholsChairman, California Air Resources BoardMary D. Nichols, JD, was appointed Chair of the California Air Resources Board in July 2007, a post she held previously under Gov. Edmund H, Brown Jr. from 1979 to 1983. At CARB she is responsible for implementing California's landmark greenhouse gas emissions legislation as well as setting air pollution standards for motor vehicles and fuels.After graduating from Cornell University and Yale Law School Ms. Nichols practiced environmental law in Los Angeles, bringing cases on behalf of environmental and public health organizations to enforce state and federal clean air legislation. President Clinton appointed her to head the Office of Air and Radiation at US EPA, where she was responsible for, among many other regulatory breakthroughs, the acid rain trading program and setting the first air quality standard for fine particles. She also served as California's Secretary for Natural Resources from 1999 to 2003. Prior to her return to the ARB, Ms. Nichols was Professor of Law and Director of the Institute of the Environment at UCLA.
Yeves PerezCEO & CGO, Eco Investment ClubEco Investment Network International, Inc. (EINI) was founded in 2007 in order to achieve our mission, which is to support the progression of the Green Movement. It is evident that there has been an inevitable shift in social consciousness towards things that are Eco-friendly, Sustainable, or "Green". This new market has emerged in the business world, both nationally and internationally, and corresponding technological, economical, and political trends have indicated that this market will continue to grow at an unprecedented rate. This global shift in social consciousness has created a worldwide demand for "Green". http://www.ecoinvestmentclub.com
Matthew SantPartner, Irell & Manella LLPMatthew Sant is a partner at Irell & Manella LLP, and practices in the firm's Newport Beach, California office. Mr. Sant represents some of the most exciting and innovative companies in the global economy. Matthew Sant's practice focuses on the structure and negotiation of complex licensing, development and commercial transactions involving intellectual property assets and emerging technologies. His experience also includes debt and equity financing, mergers and acquisitions, and public and private corporate securities. Among his clients are several companies and funds exploring "green" technologies, including the developer of hybrid and electric vehicles, the developer of proprietary "waste to energy" technologies for producing biofuels, and a fund that has invested in solar and other renewable energy technologies. www.Irell.com.
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Robert Wilder, J.D., Ph.D.WilderHill Clean Energy IndexDr. Rob Wilder is Founder and the Manager of the WilderHill Clean Energy Index (ECO), the first and leading Index on Wall Street for renewables & clean solutions. The Index is tracked by a PowerShares WilderHill Clean Energy Portfolio (symbol PBW) which has grown to over $1.75 billion in assets within its first three years. www.wildershares.com
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Jamie Wimberly, CEODistributed Energy Financial Group (DEFG)Jamie Wimberly founded and currently serves as CEO of the Distributed Energy Financial Group (DEFG, www.defgllc.com), a holding company with three branded entities, including: DEFG LLC, EcoAlign, DEFG Ventures.
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Brian C. Yerger CFAResearch AnalystBrian Yerger is responsible for covering the Alternative Energy industry for Jesup & Lamont. Mr. Yerger has almost 15 years of experience on Wall Street in sales, trading and investment banking prior to joining the research department in 2007.Brian holds a Bachelor of Science in Business Administration from the University of Delaware. He is a Chartered Financial Analyst (CFA™) and a member of the CFA Society of Philadelphia. He holds the following series registrations: 7, 63, 65, 86 & 87.He is frequently quoted in such financial media outlets as AP™, Barron’s™, Bloomberg™, BusinessWeek™, and Forbes™ as well as a presenting expert on the industry at such forums as the CFA of Philadelphia and will be presenting at the upcoming CompositesWorld conference. Currently, Brian publishes from our Mid Atlantic regional office in Wilmington, Delaware.
Participating Public Companies
Keynote:
Yahoo! Inc.YHOOInterview with Christina Page, Yahoo!’s Director of Climate and Energy Strategy
Akeena Solar, Inc.NasdaqCM: AKNSBarry Cinnamon, CEO “The Path of Solar to Grid Parity an End Users Perspective” Barry Cinnamon, is a widely recognized expert and long-time advocate of solar power. He began his career in solar energy at the Massachusetts Institute of Technology (MIT). During the late 1970s and early 1980s, he designed and installed active solar, passive solar and ground coupled heat pump systems. He served as CEO of Software Publishing Corporation, and founded Allegro New Media. Mr. Cinnamon earned a BS Degree in Mechanical Engineering from MIT and an MBA degree in Marketing from Wharton. He is a NABCEP Certified Solar Installer, a licensed California C-46 Solar Contractor, an active member of the Silicon Valley Leadership Group and a member of the Board of Directors of the national Solar Energy Industries Association and California Solar Energy Industry Association.
Clear Skies Solar, Inc.(OTCBB: CSKH)Clear Skies Solar, Inc. ("CSG") delivers turnkey Solar Electricity Installations and Renewable Energy Technology Solutions to commercial and residential customers across the United States. Since its launch, Clear Skies Group has installed solar power systems for municipalities, real estate developers, agricultural locations, office and residential complexes, storage facilities, manufacturing plants, schools, and more. www.ClearSkiesGroup.com
Essential Innovations Technology( OTCBB:ESIV ) http://www.eitechcorp.com
Medis Technologies Ltd. (NASDAQ:MDTL)Medis Technologies’ primary focus is on its fuel cell technology. Its business strategy is to sell its products to end users through OEM partnerships, retail outlets, service providers and to the military and other markets. Medis’ indirect majority-owned subsidiary, Cell Kinetics Ltd., is engaged in the development and commercialization of the CKChip, a unique cell carrier platform intended for simultaneous fluoroscopic monitoring and analysis of thousands of individual living cells over time. www.medistechnologies.com
Telkonet SmartEnergy and Telkonet, Inc.(AMEX: TKO)Telkonet SmartEnergy (TSE) is an intelligent, occupancy-driven in-room energy management system, providing an economic, green approach to controlling HVAC usage and improving energy efficiency. It incorporates a patented technology – Recovery Time™ (RT) that performs constant real-time calculations to adjust and maintain a room’s temperature based on occupancy. Unlike conventional fixed-setback systems, where the temperature is often forced to one fixed temperature in all rooms, RT takes into account a diverse range of factors to determine each room’s energy efficient temperature, restoring the temperature to the users’ desired comfort setting within minutes of returning to a room. TSE has been proven to deliver a rapid return on investment, often achieving quantifiable savings of approximately 30% by eliminating the wasteful heating and cooling of unoccupied rooms. Operating on an individual room-by-room basis, the system uses a combination of occupancy sensors, along with intelligent programmable thermostats or PTAC controllers, underpinned by RT’s unique functionality that ensures rooms are never excessively hot or cold when an occupant returns to the room.
click here for more
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. www.XsunX.com
ZAP(OTCBB: ZAAP)ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. www.ZapWorld.com
GE–Transportation Endorses New Tier 3 and 4 Emission Regulations
GE–Transportation Endorses New Tier 3 and 4 Emission Regulations
Company Welcomes EPA’s Ambitious Targets and Balanced Approach to Lower Emissions of Diesel Locomotive and Marine Engines
ERIE, Pa GE – Transportation, a global technology innovator and supplier to the railroad, marine, mining and wind industries, welcomed the new Tier 3 and 4 emission regulations issued by the United States’ Environmental Protection Agency (EPA) today. The new rules govern the emissions of particulate matter (PM) and nitrogen oxides (NOx) generated by new diesel engines in rail and marine applications starting in 2012.
Tier 3 emission standards will take effect in 2012 followed by Tier 4 in 2015. Tier 4 locomotive emission standards will start two years earlier than outlined in previous proposals and thereby lead to significant environmental benefits sooner.
“GE - Transportation welcomes the new and well-conceived Tier 3 and 4 emissions standards,” said John M. Dineen, President and CEO of GE- Transportation, a leading manufacturer of diesel locomotives and marine engines. “The EPA set ambitious targets to lower emissions of particulate matter and nitrogen oxides. We value the EPA’s comprehensive and balanced approach which represents wins for all stakeholders involved.”
Added Dineen: “The EPA’s new and tough emission standards will drive technological innovation in our industry to significantly lower emissions.”
GE’s transportation business joined an inclusive stakeholder group consisting of government and industry, as well as environmental and community organizations to assist in the development of the new Tier 3 and 4 emission standards.
GE – Transportation expects that the EPA’s new emission standards will spawn innovation and benefit its railroad customers and communities worldwide – as much as past regulatory efforts have. In response to the EPA’s Tier 0 through Tier 2 regulations, GE’s transportation business invested approximately $400 million to develop the Evolution® Series locomotive over an eight-year period. Entering the market in 2005, the Evolution® Series locomotive is now the most technologically advanced, fuel-efficient and eco-friendly diesel-electric locomotive in history. It delivers up to 5% higher fuel efficiency and a 40% reduction in emissions over its predecessor. If every freight locomotive in North America were as clean as GE’s Evolution®, the annual reduction of emissions would compare to removing 48 million cars from the road each year.
Today, the Evolution® Series locomotive is one of GE - Transportation’s best-selling products in markets worldwide. More than 2,400 Evolution® Series locomotives are in use today proving that fuel efficient, low emissions, eco-friendly transportation solutions and global business growth go hand in hand. The Evolution® Series locomotive serves as one of GE’s first products to be certified as part of its “Ecomagination” initiative. Ecomagination is a company wide commitment to developing technology designed to help customers satisfy environmental challenges, to maximize performance and reduce cost.
GE – Transportation’s commitment to green technologies did not end with the Evolution® Series locomotive. The company developed a diesel-electric hybrid prototype. Bearing road number 2010, the 4,400 horsepower Evolution® Hybrid locomotive will feature a series of innovative batteries which will capture and store energy dissipated during dynamic braking. The energy generated by braking a 207-ton locomotive during the course of one year is enough to power 160 households for that year. Battery technology will reduce fuel consumption upwards of 30,000 gallons per year per locomotive and emissions by up to 10 percent when compared to the existing Evolution® Series locomotive.
About GE Transportation
Established more than 100 years ago, GE – Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, mining and wind industries. GE provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services. With sales in excess of $4.5 billion, GE - Transportation is headquartered in Erie, PA, and employs approximately 10,000 employees worldwide. For more information visit www.getransportation.com.
Contacts GE – TransportationStephan Koller, 814-875-3457Cell: 814-431-3150stephan.koller@ge.com
Company Welcomes EPA’s Ambitious Targets and Balanced Approach to Lower Emissions of Diesel Locomotive and Marine Engines
ERIE, Pa GE – Transportation, a global technology innovator and supplier to the railroad, marine, mining and wind industries, welcomed the new Tier 3 and 4 emission regulations issued by the United States’ Environmental Protection Agency (EPA) today. The new rules govern the emissions of particulate matter (PM) and nitrogen oxides (NOx) generated by new diesel engines in rail and marine applications starting in 2012.
Tier 3 emission standards will take effect in 2012 followed by Tier 4 in 2015. Tier 4 locomotive emission standards will start two years earlier than outlined in previous proposals and thereby lead to significant environmental benefits sooner.
“GE - Transportation welcomes the new and well-conceived Tier 3 and 4 emissions standards,” said John M. Dineen, President and CEO of GE- Transportation, a leading manufacturer of diesel locomotives and marine engines. “The EPA set ambitious targets to lower emissions of particulate matter and nitrogen oxides. We value the EPA’s comprehensive and balanced approach which represents wins for all stakeholders involved.”
Added Dineen: “The EPA’s new and tough emission standards will drive technological innovation in our industry to significantly lower emissions.”
GE’s transportation business joined an inclusive stakeholder group consisting of government and industry, as well as environmental and community organizations to assist in the development of the new Tier 3 and 4 emission standards.
GE – Transportation expects that the EPA’s new emission standards will spawn innovation and benefit its railroad customers and communities worldwide – as much as past regulatory efforts have. In response to the EPA’s Tier 0 through Tier 2 regulations, GE’s transportation business invested approximately $400 million to develop the Evolution® Series locomotive over an eight-year period. Entering the market in 2005, the Evolution® Series locomotive is now the most technologically advanced, fuel-efficient and eco-friendly diesel-electric locomotive in history. It delivers up to 5% higher fuel efficiency and a 40% reduction in emissions over its predecessor. If every freight locomotive in North America were as clean as GE’s Evolution®, the annual reduction of emissions would compare to removing 48 million cars from the road each year.
Today, the Evolution® Series locomotive is one of GE - Transportation’s best-selling products in markets worldwide. More than 2,400 Evolution® Series locomotives are in use today proving that fuel efficient, low emissions, eco-friendly transportation solutions and global business growth go hand in hand. The Evolution® Series locomotive serves as one of GE’s first products to be certified as part of its “Ecomagination” initiative. Ecomagination is a company wide commitment to developing technology designed to help customers satisfy environmental challenges, to maximize performance and reduce cost.
GE – Transportation’s commitment to green technologies did not end with the Evolution® Series locomotive. The company developed a diesel-electric hybrid prototype. Bearing road number 2010, the 4,400 horsepower Evolution® Hybrid locomotive will feature a series of innovative batteries which will capture and store energy dissipated during dynamic braking. The energy generated by braking a 207-ton locomotive during the course of one year is enough to power 160 households for that year. Battery technology will reduce fuel consumption upwards of 30,000 gallons per year per locomotive and emissions by up to 10 percent when compared to the existing Evolution® Series locomotive.
About GE Transportation
Established more than 100 years ago, GE – Transportation, a unit of General Electric Company (NYSE: GE), is a global technology leader and supplier to the railroad, marine, drilling, mining and wind industries. GE provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value added services. With sales in excess of $4.5 billion, GE - Transportation is headquartered in Erie, PA, and employs approximately 10,000 employees worldwide. For more information visit www.getransportation.com.
Contacts GE – TransportationStephan Koller, 814-875-3457Cell: 814-431-3150stephan.koller@ge.com
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