Al Yousuf Acquires 50 Percent Interest in ZAP Recharge-It-All Battery Line
DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA, Jun 17, 2008 - Mr. Eqbal Al Yousuf has purchased a 50 percent interest of the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTCBB: ZAAP) for US$1 Million ($1,000,000).
Mr. Al Yousuf made the $1 million purchase personally following his announcement last week of his intentions. Eqbal Al Yousuf is the President of The Al Yousuf Group and was recently appointed Chairman of ZAP's Board of Directors.
According to officials from ZAP and Al Yousuf, samples of ZAP's Recharge-It-All technology have been shipped to Dubai for testing.
ZAP's Recharge-It-All is a new rechargeable battery system for mobile electronics that can power or recharge low voltage handheld devices from mobile phones, to smart phones, digital audio players, cameras, PDAs, laptops and more. To order, visit http://www.zapworld.com.
RX4-C AA Universal Battery Charger from ZAP can power a variety of low-voltage consumer electronics through a built-in USB adapter, but you can also remove the four rechargeable AA batteries for use in other electronics. Learn more at http://www.zapworld.com.
The Al Yousuf Group is one of the largest trading groups in The Middle East. Subsidiary Al Yousuf Electronics, established in 1977, operates six sales offices with a staff strength of over 230 employees. In 2005, Al Yousuf Electronics opened the largest-ever LG Electronics Showroom in Dubai. The subsidiary markets a variety of consumer products, including air conditioners, refrigerators, washing machines, freezers, and water coolers. A Gallup poll of UAE consumers recognized Al Yousuf Electronics as 'No. 1 customer satisfaction and after sales services provider.'
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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 , Middle East and Tech portal.
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact:
Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Al-Yousuf Group
Mansoor Ali
97150-4578130
mansoorali@alyousuf.com
Source: ZAP
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 .
Tuesday, June 17, 2008
Thursday, June 12, 2008
Renewable Energy Stocks Close-Up; The Carbon Footprint of Solar Stocks
Renewable Energy Stocks Close-Up; The Carbon Footprint of Solar Stocks
"PV Technologies Generate Far Less Life-Cycle Air Emissions Than Conventional Fossil-Fuel-Based Electricity Generation Technologies"
POINT ROBERTS, WA and DELTA, BC---Jun 12, 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 and their environmental impact.With the controversy faced over Ethanol stocks, investors can gain insight into their green portfolio of solar stocks.
RenewableEnergyStocks.com reports on environmental concerns associated with solar technology and how the industry is responding, featuring XsunX, Inc. (OTC BB:XSNX.OB - News) and First Solar.
The US Department of Energy reports, "Modern solar electric power-generation systems such as photovoltaics (or PV) are some of the most elegant and environmentally benign energy systems ever invented."
Quoting a report published in January 2008, 'Emissions from Photovoltaic Life Cycles,' "Photovoltaic (PV) technologies have shown remarkable progress recently in terms of annual production capacity and life-cycle environmental performances, which necessitate timely updates of environmental indicators." The report further states, "Overall, all PV technologies generate far less life-cycle air emissions per GWh than conventional fossil-fuel-based electricity generation technologies. At least 89% of air emissions associated with electricity generation could be prevented if electricity from photovoltaics displaces electricity from the grid."
Source: http://pubs.acs.org/cgi-bin/abstract.cgi/esthag/2008/42/i06/abs/es071763q.html
Keeping tabs on life-cycle emissions of carbon, chemicals and heavy metals used in products is nothing new, but the trend now appears to be accelerating which may force some "Green" technologies such as solar PV to revisit their environmental impact and overall carbon and environmental footprint.
Tom Djokovich, CEO, of XsunX, Inc. (OTC BB:XSNX.OB - News), a solar technology company engaged in the build-out of its multi-megawatt amorphous silicon thin film photovoltaic (TFPV) solar module manufacturing facilities, reports, "There's a growing interest within the sustainable energy industry in developing green credentials across the entire footprint of your brand. Here at XsunX we're working to balance our industrial manufacturing needs and product designs to minimize our impact on the environment we're working to improve."
He continued, "With XsunX, about half of the power our new 25 mega watt solar module manufacturing plant will use comes from renewable energy in the Pacific Northwest, we are recycling an existing building and numerous pieces of support equipment so as not to waste resources and the design of our thin film amorphous solar module does not transfer any toxic materials into the product or environment unlike the heavy metal concerns addressing some of the other module manufacturers in the industry."
As evidence of the growth in accessing long term environmental impact between various solar technologies the January 2008, 'Emissions from Photovoltaic Life Cycles,' report presents a comparative analysis between four PV technologies, "Based on PV production data of 2004-2006, this study presents the life-cycle greenhouse gas emissions, criteria pollutant emissions, and heavy metal emissions from four types of major commercial PV systems: multicrystalline silicon, monocrystalline silicon, ribbon silicon, and thin-film cadmium telluride. Life-cycle emissions were determined by employing average electricity mixtures in Europe and the United States during the materials and module production for each PV system. Among the current vintage of PV technologies, thin-film cadmium telluride (CdTe) PV emits the least amount of harmful air emissions as it requires the least amount of energy during the module production. However, the differences in the emissions between different PV technologies are very small in comparison to the emissions from conventional energy technologies that PV could displace."
Companies that make cadmium-telluride solar cells include Q-Cells and First Solar. According to First Solar's website, "First Solar's advanced CdTe technology is instrumental in accomplishing our environmental mission. CdTe is uniquely capable of producing low cost solar modules, making widespread, cost-effective solar electricity a reality. Its physical properties are optimal for converting sunlight into electricity, resulting in highly efficient photovoltaics with thin (< 3 micron) semiconductor layers. CdTe is a robust material with the demonstrated capacity for high volume, low cost production."
Policies related to the introduction of heavy metals and other hazardous chemicals into the environment differ from region to region with the European Union adopting some of the most stringent guidelines. The Restriction of Hazardous Substances Directive (RoHS) effective in July 2006, in the European Union has attracted concern about its impact on some of the companies in the sector. The restriction mandates a maximum content of 0.1wt % lead (Pb) and 0.01 wt % cadmium (Cd) is allowed in homogeneous materials. The restrictions currently exempt the solar industry but there is a push for the reduction or substitution of the heavy-metal content in the Photovoltaic market in the EU to maintain its green image.
Investors following solar stocks can research the sector using the Renewableenergystocks.com stock directory and also read recent and past columns by on-site solar expert, J. Peter Lynch.
Featured Solar Showcase Company:
Solar Company XsunX, (OTC BB:XSNX.OB - News) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. Visit Media showcase: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
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. For disclosure purposes, the site is currently compensated by featured showcase companies, news submissions and online advertising. XsunX solar showcase company compensates the website $5000 per month http://www.investorideas.com/About/Disclaimer.asp.
Contact: For more information contact: Dawn Van Zant 800.665.0411 Email: Email Contact
Source: Investorideas.com; RenewableEnergyStocks.com; XsunX
"PV Technologies Generate Far Less Life-Cycle Air Emissions Than Conventional Fossil-Fuel-Based Electricity Generation Technologies"
POINT ROBERTS, WA and DELTA, BC---Jun 12, 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 and their environmental impact.With the controversy faced over Ethanol stocks, investors can gain insight into their green portfolio of solar stocks.
RenewableEnergyStocks.com reports on environmental concerns associated with solar technology and how the industry is responding, featuring XsunX, Inc. (OTC BB:XSNX.OB - News) and First Solar.
The US Department of Energy reports, "Modern solar electric power-generation systems such as photovoltaics (or PV) are some of the most elegant and environmentally benign energy systems ever invented."
Quoting a report published in January 2008, 'Emissions from Photovoltaic Life Cycles,' "Photovoltaic (PV) technologies have shown remarkable progress recently in terms of annual production capacity and life-cycle environmental performances, which necessitate timely updates of environmental indicators." The report further states, "Overall, all PV technologies generate far less life-cycle air emissions per GWh than conventional fossil-fuel-based electricity generation technologies. At least 89% of air emissions associated with electricity generation could be prevented if electricity from photovoltaics displaces electricity from the grid."
Source: http://pubs.acs.org/cgi-bin/abstract.cgi/esthag/2008/42/i06/abs/es071763q.html
Keeping tabs on life-cycle emissions of carbon, chemicals and heavy metals used in products is nothing new, but the trend now appears to be accelerating which may force some "Green" technologies such as solar PV to revisit their environmental impact and overall carbon and environmental footprint.
Tom Djokovich, CEO, of XsunX, Inc. (OTC BB:XSNX.OB - News), a solar technology company engaged in the build-out of its multi-megawatt amorphous silicon thin film photovoltaic (TFPV) solar module manufacturing facilities, reports, "There's a growing interest within the sustainable energy industry in developing green credentials across the entire footprint of your brand. Here at XsunX we're working to balance our industrial manufacturing needs and product designs to minimize our impact on the environment we're working to improve."
He continued, "With XsunX, about half of the power our new 25 mega watt solar module manufacturing plant will use comes from renewable energy in the Pacific Northwest, we are recycling an existing building and numerous pieces of support equipment so as not to waste resources and the design of our thin film amorphous solar module does not transfer any toxic materials into the product or environment unlike the heavy metal concerns addressing some of the other module manufacturers in the industry."
As evidence of the growth in accessing long term environmental impact between various solar technologies the January 2008, 'Emissions from Photovoltaic Life Cycles,' report presents a comparative analysis between four PV technologies, "Based on PV production data of 2004-2006, this study presents the life-cycle greenhouse gas emissions, criteria pollutant emissions, and heavy metal emissions from four types of major commercial PV systems: multicrystalline silicon, monocrystalline silicon, ribbon silicon, and thin-film cadmium telluride. Life-cycle emissions were determined by employing average electricity mixtures in Europe and the United States during the materials and module production for each PV system. Among the current vintage of PV technologies, thin-film cadmium telluride (CdTe) PV emits the least amount of harmful air emissions as it requires the least amount of energy during the module production. However, the differences in the emissions between different PV technologies are very small in comparison to the emissions from conventional energy technologies that PV could displace."
Companies that make cadmium-telluride solar cells include Q-Cells and First Solar. According to First Solar's website, "First Solar's advanced CdTe technology is instrumental in accomplishing our environmental mission. CdTe is uniquely capable of producing low cost solar modules, making widespread, cost-effective solar electricity a reality. Its physical properties are optimal for converting sunlight into electricity, resulting in highly efficient photovoltaics with thin (< 3 micron) semiconductor layers. CdTe is a robust material with the demonstrated capacity for high volume, low cost production."
Policies related to the introduction of heavy metals and other hazardous chemicals into the environment differ from region to region with the European Union adopting some of the most stringent guidelines. The Restriction of Hazardous Substances Directive (RoHS) effective in July 2006, in the European Union has attracted concern about its impact on some of the companies in the sector. The restriction mandates a maximum content of 0.1wt % lead (Pb) and 0.01 wt % cadmium (Cd) is allowed in homogeneous materials. The restrictions currently exempt the solar industry but there is a push for the reduction or substitution of the heavy-metal content in the Photovoltaic market in the EU to maintain its green image.
Investors following solar stocks can research the sector using the Renewableenergystocks.com stock directory and also read recent and past columns by on-site solar expert, J. Peter Lynch.
Featured Solar Showcase Company:
Solar Company XsunX, (OTC BB:XSNX.OB - News) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. Visit Media showcase: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
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. For disclosure purposes, the site is currently compensated by featured showcase companies, news submissions and online advertising. XsunX solar showcase company compensates the website $5000 per month http://www.investorideas.com/About/Disclaimer.asp.
Contact: For more information contact: Dawn Van Zant 800.665.0411 Email: Email Contact
Source: Investorideas.com; RenewableEnergyStocks.com; XsunX
Al Yousuf to Acquire 50 Percent Interest in ZAP Recharge-It-All Battery Line
Al Yousuf to Acquire 50 Percent Interest in ZAP Recharge-It-All Battery Line
DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA - Jun 12, 2008 -- Mr. Eqbal Al Yousuf will acquire a 50 percent interest in the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTCBB: ZAAP).
Mr. Al Yousuf was recently appointed Chairman of ZAP's Board of Directors and attended his first board meeting as Chairman on June 2 at ZAP's Santa Rosa headquarters. Mr. Al Yousuf is the President of The Al Yousuf Group, but intends to make his commitment towards ZAP Recharge-It-All his own personal investment.
"With my role as Chairman, I want to assist ZAP with the same success I have assisted with the Al Yousuf Group in streamlining and focusing the company on its core business," said Eqbal Al Yousuf. "We will start working globally to establish markets for ZAP's Recharge-It-All, which will allow ZAP to focus on advanced technology vehicles."
ZAP's many years working on better electric car batteries was the basis for the introduction of the Recharge-It-All line of mobile re-chargers. The battery systems were designed to power and recharge a wide range of mobile electronics. More than just a battery, the systems are designed with a smart sensor that allows them to deliver the appropriate voltage to a wide range of products, from cell phones, to digital audio players, digital cameras, video cameras and laptops. The batteries help solve the growing battery dilemma for mobile electronics, offering a rechargeable source of power out in the field or a way of extending the battery life for many different electronic devices.
"As a traveler I really believe in these batteries," said Al Yousuf. "They are essential to anyone using portable electronic devices. The market for this new technology is wide open and this particular division deserves more focus in order to achieve its potential in the marketplace."
The Al Yousuf Group is one of the largest trading groups in The Middle East. Over the past 55 years, the Al Yousuf Group has grown into a leading business conglomerate in the Gulf Region with operations ranging from Motor Vehicles, Boat Manufacturing, Auto Rental, Real Estate Development, Home Electrical Appliances, Computer Operating Systems, Electronics, Transportation and more.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=778155
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:
Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Al-Yousuf Group
Mansoor Ali
97150-4578130
mansoorali@alyousuf.com
Source: ZAP
DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA - Jun 12, 2008 -- Mr. Eqbal Al Yousuf will acquire a 50 percent interest in the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTCBB: ZAAP).
Mr. Al Yousuf was recently appointed Chairman of ZAP's Board of Directors and attended his first board meeting as Chairman on June 2 at ZAP's Santa Rosa headquarters. Mr. Al Yousuf is the President of The Al Yousuf Group, but intends to make his commitment towards ZAP Recharge-It-All his own personal investment.
"With my role as Chairman, I want to assist ZAP with the same success I have assisted with the Al Yousuf Group in streamlining and focusing the company on its core business," said Eqbal Al Yousuf. "We will start working globally to establish markets for ZAP's Recharge-It-All, which will allow ZAP to focus on advanced technology vehicles."
ZAP's many years working on better electric car batteries was the basis for the introduction of the Recharge-It-All line of mobile re-chargers. The battery systems were designed to power and recharge a wide range of mobile electronics. More than just a battery, the systems are designed with a smart sensor that allows them to deliver the appropriate voltage to a wide range of products, from cell phones, to digital audio players, digital cameras, video cameras and laptops. The batteries help solve the growing battery dilemma for mobile electronics, offering a rechargeable source of power out in the field or a way of extending the battery life for many different electronic devices.
"As a traveler I really believe in these batteries," said Al Yousuf. "They are essential to anyone using portable electronic devices. The market for this new technology is wide open and this particular division deserves more focus in order to achieve its potential in the marketplace."
The Al Yousuf Group is one of the largest trading groups in The Middle East. Over the past 55 years, the Al Yousuf Group has grown into a leading business conglomerate in the Gulf Region with operations ranging from Motor Vehicles, Boat Manufacturing, Auto Rental, Real Estate Development, Home Electrical Appliances, Computer Operating Systems, Electronics, Transportation and more.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=778155
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:
Contact:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Al-Yousuf Group
Mansoor Ali
97150-4578130
mansoorali@alyousuf.com
Source: ZAP
Tuesday, June 10, 2008
Arizona's Largest Renewable Energy Plant Commences Commercial Operations
Arizona's Largest Renewable Energy Plant Commences Commercial Operations
SRP, APS Customers Receive New Biomass Energy
SNOWFLAKE, Ariz., June 10, 2008 - Arizona's largest renewable energy facility to date -- a wood-fired biomass energy plant located near Snowflake, Ariz. -- today began providing commercial electricity to Arizona Public Service (APS) and Salt River Project (SRP) customers. Owned and operated by Renegy Holdings, Inc. (NasdaqCM:RNGY - News), the 24-megawatt (MW) plant will provide renewable energy to more than 9,000 Arizona homes. The Snowflake White Mountain Biomass Power Plant is generating electricity through a wood-burning boiler using forest thinning (wood-waste material from the area's forest industries) and waste recycled paper fibers from an existing newsprint paper mill located adjacent to the biomass facility.
Renegy Chairman and CEO Bob Worsley stated, ``We are very pleased to bring on line the largest biomass power generation facility in the state of Arizona, and to begin supplying clean, renewable power to APS and SRP. The commercial operation of our Snowflake plant is a significant milestone for our company, and marks the first of many more biomass plants we plan to own and operate as we seek to rapidly grow our portfolio of renewable energy assets.''
``This project not only increases the renewable energy that SRP is able to supply to our customers, but it also responds to the state's Healthy Forest Initiative,'' said Richard Hayslip, SRP's Associate General Manager.
Don Brandt, APS President and CEO said, ``APS is aggressively providing renewable energy to our customers. With the addition of the Snowflake biomass plant and the soon-to-be-built Solana Generating Station, APS' renewable energy portfolio will reach 420 MW -- enough to power more than 133,000 homes.''
Each utility has signed separate long-term purchase power agreements with Renegy to secure the entire electrical output of the plant.
At least 75 percent of the Snowflake plant's production will be generated by forest-thinning efforts occurring on U.S. forest lands surrounding the communities of Arizona's White Mountains. The thinning efforts are in support of the Healthy Forest Initiative, a 2003 federal law enacted following the Rodeo-Chediski fire. The law was designed to help protect forest lands against catastrophic fires by focusing on responsible clearing of dense undergrowth and brush in critical areas adjacent to private homes and property.
The remaining 25 percent of the plant's energy output will be generated from unusable, recycled paper fibers discarded by the Catalyst Paper Corp. mill. The mill produces 250 bone-dry tons of unusable paper fiber each day. Prior to being consumed by the Snowflake biomass plant for the production of electricity, the mill's waste material was stored in a nearby landfill.
Already, every APS customer receives a portion of their energy from renewable sources, including wind, concentrating solar power, photovoltaic solar power and geothermal. APS also offers a Green Choice program, which gives customers the opportunity to purchase additional renewable energy for only 1 cent per kilowatt hour. More information on APS' renewable programs, including Green Choice, is available at http://www.aps.com.
The commencement of commercial operation at the Snowflake plant marks SRP's entry into the biomass power generation market and will be the newest addition to SRP's EarthWise Energy Program, which consists of 529 megawatts of renewable energy. SRP's EarthWise Energy Program is electricity generated from clean energy sources such as solar, landfill gas, hydro (including low-impact hydro), wind, geothermal and now biomass. SRP customers can participate in SRP's EarthWise Energy Program by paying a small premium on their monthly electric bill to support the continued development of clean energy for future generations. For more information, visit http://www.srpnet.com/earthwise.
Phoenix-based Salt River Project is the largest provider of power and water to the greater Phoenix metropolitan area with more than 925,000 electricity customers.
APS, Arizona's largest and longest-serving electricity utility, serves about 1.1 million customers in 11 of the state's 15 counties. With headquarters in Phoenix, APS is the largest subsidiary of Pinnacle West Capital Corporation (NYSE:PNW - News).
Renegy, based in Tempe, Arizona, is a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass power generation facilities. Renegy's other business activities include an established fuel aggregation and wood products division, which collects and transports forest thinnings and woody waste biomass fuel to its power plants, and which sells logs, lumber, shaved wood products and other high value wood by-products to provide additional value to its primary business operations. Find Renegy on the Worldwide Web at http://www.renegy.com.
The Renegy Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4856
Contact: Renegy Holdings, Inc. Media Contact: Megan Meloni (650) 631-2847
Arizona Public Service Media Contact: Steven Gotfried (602) 250-3040
Salt River Project Media Contact: Patty Garcia-Likens (602) 236-2500
Source: Renegy Holdings, Inc.; Arizona Public Service; Salt River Project
SRP, APS Customers Receive New Biomass Energy
SNOWFLAKE, Ariz., June 10, 2008 - Arizona's largest renewable energy facility to date -- a wood-fired biomass energy plant located near Snowflake, Ariz. -- today began providing commercial electricity to Arizona Public Service (APS) and Salt River Project (SRP) customers. Owned and operated by Renegy Holdings, Inc. (NasdaqCM:RNGY - News), the 24-megawatt (MW) plant will provide renewable energy to more than 9,000 Arizona homes. The Snowflake White Mountain Biomass Power Plant is generating electricity through a wood-burning boiler using forest thinning (wood-waste material from the area's forest industries) and waste recycled paper fibers from an existing newsprint paper mill located adjacent to the biomass facility.
Renegy Chairman and CEO Bob Worsley stated, ``We are very pleased to bring on line the largest biomass power generation facility in the state of Arizona, and to begin supplying clean, renewable power to APS and SRP. The commercial operation of our Snowflake plant is a significant milestone for our company, and marks the first of many more biomass plants we plan to own and operate as we seek to rapidly grow our portfolio of renewable energy assets.''
``This project not only increases the renewable energy that SRP is able to supply to our customers, but it also responds to the state's Healthy Forest Initiative,'' said Richard Hayslip, SRP's Associate General Manager.
Don Brandt, APS President and CEO said, ``APS is aggressively providing renewable energy to our customers. With the addition of the Snowflake biomass plant and the soon-to-be-built Solana Generating Station, APS' renewable energy portfolio will reach 420 MW -- enough to power more than 133,000 homes.''
Each utility has signed separate long-term purchase power agreements with Renegy to secure the entire electrical output of the plant.
At least 75 percent of the Snowflake plant's production will be generated by forest-thinning efforts occurring on U.S. forest lands surrounding the communities of Arizona's White Mountains. The thinning efforts are in support of the Healthy Forest Initiative, a 2003 federal law enacted following the Rodeo-Chediski fire. The law was designed to help protect forest lands against catastrophic fires by focusing on responsible clearing of dense undergrowth and brush in critical areas adjacent to private homes and property.
The remaining 25 percent of the plant's energy output will be generated from unusable, recycled paper fibers discarded by the Catalyst Paper Corp. mill. The mill produces 250 bone-dry tons of unusable paper fiber each day. Prior to being consumed by the Snowflake biomass plant for the production of electricity, the mill's waste material was stored in a nearby landfill.
Already, every APS customer receives a portion of their energy from renewable sources, including wind, concentrating solar power, photovoltaic solar power and geothermal. APS also offers a Green Choice program, which gives customers the opportunity to purchase additional renewable energy for only 1 cent per kilowatt hour. More information on APS' renewable programs, including Green Choice, is available at http://www.aps.com.
The commencement of commercial operation at the Snowflake plant marks SRP's entry into the biomass power generation market and will be the newest addition to SRP's EarthWise Energy Program, which consists of 529 megawatts of renewable energy. SRP's EarthWise Energy Program is electricity generated from clean energy sources such as solar, landfill gas, hydro (including low-impact hydro), wind, geothermal and now biomass. SRP customers can participate in SRP's EarthWise Energy Program by paying a small premium on their monthly electric bill to support the continued development of clean energy for future generations. For more information, visit http://www.srpnet.com/earthwise.
Phoenix-based Salt River Project is the largest provider of power and water to the greater Phoenix metropolitan area with more than 925,000 electricity customers.
APS, Arizona's largest and longest-serving electricity utility, serves about 1.1 million customers in 11 of the state's 15 counties. With headquarters in Phoenix, APS is the largest subsidiary of Pinnacle West Capital Corporation (NYSE:PNW - News).
Renegy, based in Tempe, Arizona, is a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass power generation facilities. Renegy's other business activities include an established fuel aggregation and wood products division, which collects and transports forest thinnings and woody waste biomass fuel to its power plants, and which sells logs, lumber, shaved wood products and other high value wood by-products to provide additional value to its primary business operations. Find Renegy on the Worldwide Web at http://www.renegy.com.
The Renegy Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4856
Contact: Renegy Holdings, Inc. Media Contact: Megan Meloni (650) 631-2847
Arizona Public Service Media Contact: Steven Gotfried (602) 250-3040
Salt River Project Media Contact: Patty Garcia-Likens (602) 236-2500
Source: Renegy Holdings, Inc.; Arizona Public Service; Salt River Project
Sunday, June 08, 2008
North American Biofuels Market Faces Best and Worst of Times
North American Biofuels Market Faces Best and Worst of Times
PALO ALTO, Calif.---Biofuels enjoy many inherent advantages such as regulatory, infrastructural, environmental, geopolitical, and agricultural support. However, their negative association with escalating food prices remains a major concern. To overcome this challenge, the North American market has adopted strategies such as improving yield, tie-ups with the developing world, and focus on alternative feedstock. Moreover, given the high feedstock prices for first-generation biofuels, next-generation biofuels have garnered increased attention and will likely be commercialized after 2012.
New analysis from Frost & Sullivan (http://www.financialservices.frost.com), North American Biofuels Market: Investment Analysis, reveals that the market earned revenues of $9.98 billion in 2007 and expects this to reach $18.52 billion in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the investment analysis and growth opportunities in the North American Biofuels Market, then send an e-mail to Johanna Haynes, Corporate Communications, at johanna.haynes@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state, and country. Upon receipt of the above information, an overview will be sent to you by e-mail.
“Regulatory support coupled with the need to address the geopolitical risk posed by relying on the turbulent Middle East and Venezuela is driving the growth of the North American biofuels market,” notes Frost & Sullivan Research Analyst Shrikanth S. “Furthermore, there is a strong venture capital investment climate in the next-generation biofuels, which are expected to be more efficient, using algae, waste, straw, wood, and other forest-based inputs that can be found in abundance in the United States.”
The expanded Renewable Fuel Standard, Volumetric 'Blender' Tax Credit, Small Agri-biodiesel Producer Tax Credit, and Alternative Fuel Refueling Infrastructure Tax Credit provide the necessary regulatory support for the North American biofuels industry. Currently, the dependence on foreign oil continues to increase, and costs approximately $1 billion per day. Oil from Venezuela and the Persian Gulf accounted for 26.3 percent of the total imports in 2007. By 2012, biofuels are expected to account for 15.20 billion gallons of the total fuel source in the United States, up from the estimated 9.00 billion gallons in 2008.
However, the debate on food versus fuel remains a major challenge for the biofuel industry. Many respected organizations and media outlets believe that the focus on biofuels increases food prices, especially that of corn and soybean. The volatility of feedstock prices and their unpredictable profit margins has diminished the attractiveness for the market participants and the institutional investors for the first-generation biofuels.
“In the period between September 2006 and February 2008, corn prices rose by 83.6 percent and the soybean oil prices increased by 135.0 percent,” says Shrikanth. “It has been noted that economically disadvantaged people spend approximately 50 percent to 70 percent of their income on food, compared to 1 percent to 10 percent on energy.”
In the short term, only a significant improvement in the average yield of feedstock, such as corn and soybean oils, will mitigate this problem. While alternative feedstock such as jatropha is expected to help in the medium term, the next-generation biofuels will play a vital role in addressing the challenge by 2012-2013.
North American Biofuels Market: Investment Analysis is part of the Financial Benchmarking in the Chemical Industry program, which also includes research services in the following markets: Europe and U.S. Food Additives and Ingredients Market: Investment Opportunities, North American Paints and Coatings Market: Investment Opportunities, North American Electronic Chemicals and Materials Market: Investment Opportunities, Asia Pacific Paints and Coatings: Investment Opportunities, Asia Pacific Electronic Chemicals and Materials: Investment Opportunities, European Biofuels Market: Investment Opportunities, World Orthopedics Market: Investment Opportunities, and North American Electronic Access Control Market: Investment Opportunities. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan's Business and Financial Services group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence, idea generation, opportunity analysis, investment valuation, and other proprietary research.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit http://www.frost.com.
North American Biofuels Market: Investment Analysis
N338
Contacts Frost & SullivanCorporate Communications – North AmericaJohanna Haynes, 210-247-3870Fax: 210-348-1003johanna.haynes@frost.com
PALO ALTO, Calif.---Biofuels enjoy many inherent advantages such as regulatory, infrastructural, environmental, geopolitical, and agricultural support. However, their negative association with escalating food prices remains a major concern. To overcome this challenge, the North American market has adopted strategies such as improving yield, tie-ups with the developing world, and focus on alternative feedstock. Moreover, given the high feedstock prices for first-generation biofuels, next-generation biofuels have garnered increased attention and will likely be commercialized after 2012.
New analysis from Frost & Sullivan (http://www.financialservices.frost.com), North American Biofuels Market: Investment Analysis, reveals that the market earned revenues of $9.98 billion in 2007 and expects this to reach $18.52 billion in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the investment analysis and growth opportunities in the North American Biofuels Market, then send an e-mail to Johanna Haynes, Corporate Communications, at johanna.haynes@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state, and country. Upon receipt of the above information, an overview will be sent to you by e-mail.
“Regulatory support coupled with the need to address the geopolitical risk posed by relying on the turbulent Middle East and Venezuela is driving the growth of the North American biofuels market,” notes Frost & Sullivan Research Analyst Shrikanth S. “Furthermore, there is a strong venture capital investment climate in the next-generation biofuels, which are expected to be more efficient, using algae, waste, straw, wood, and other forest-based inputs that can be found in abundance in the United States.”
The expanded Renewable Fuel Standard, Volumetric 'Blender' Tax Credit, Small Agri-biodiesel Producer Tax Credit, and Alternative Fuel Refueling Infrastructure Tax Credit provide the necessary regulatory support for the North American biofuels industry. Currently, the dependence on foreign oil continues to increase, and costs approximately $1 billion per day. Oil from Venezuela and the Persian Gulf accounted for 26.3 percent of the total imports in 2007. By 2012, biofuels are expected to account for 15.20 billion gallons of the total fuel source in the United States, up from the estimated 9.00 billion gallons in 2008.
However, the debate on food versus fuel remains a major challenge for the biofuel industry. Many respected organizations and media outlets believe that the focus on biofuels increases food prices, especially that of corn and soybean. The volatility of feedstock prices and their unpredictable profit margins has diminished the attractiveness for the market participants and the institutional investors for the first-generation biofuels.
“In the period between September 2006 and February 2008, corn prices rose by 83.6 percent and the soybean oil prices increased by 135.0 percent,” says Shrikanth. “It has been noted that economically disadvantaged people spend approximately 50 percent to 70 percent of their income on food, compared to 1 percent to 10 percent on energy.”
In the short term, only a significant improvement in the average yield of feedstock, such as corn and soybean oils, will mitigate this problem. While alternative feedstock such as jatropha is expected to help in the medium term, the next-generation biofuels will play a vital role in addressing the challenge by 2012-2013.
North American Biofuels Market: Investment Analysis is part of the Financial Benchmarking in the Chemical Industry program, which also includes research services in the following markets: Europe and U.S. Food Additives and Ingredients Market: Investment Opportunities, North American Paints and Coatings Market: Investment Opportunities, North American Electronic Chemicals and Materials Market: Investment Opportunities, Asia Pacific Paints and Coatings: Investment Opportunities, Asia Pacific Electronic Chemicals and Materials: Investment Opportunities, European Biofuels Market: Investment Opportunities, World Orthopedics Market: Investment Opportunities, and North American Electronic Access Control Market: Investment Opportunities. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan's Business and Financial Services group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence, idea generation, opportunity analysis, investment valuation, and other proprietary research.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit http://www.frost.com.
North American Biofuels Market: Investment Analysis
N338
Contacts Frost & SullivanCorporate Communications – North AmericaJohanna Haynes, 210-247-3870Fax: 210-348-1003johanna.haynes@frost.com
Transportation Fuel Prices Hit New Records in May 2008, According to OPIS
Transportation Fuel Prices Hit New Records in May 2008, According to OPIS
WALL, N.J.----The OPIS monthly Transportation Fuel Index (TFI), http://www.opisnet.com/tfi.asp, shows that Americans spent more than $41.5 billion on motor gasoline in May 2008. That is an increase of almost $4.1 billion from the previous month and nearly 7.1 billion more than what was spent in May 2007. Five years ago in May 2003 motorists spent just $15.6 billion, a staggering $25.9 billion less than what consumers are currently paying.
Crude was the force that continued to push prices higher. The benchmark WTI started the month at $112 per bbl and reached a high of $132 per bbl just prior to Memorial Day.
Retail gasoline prices climbed to $3.96 per gal on May 30th, a 9.5% increase over where it closed on April 30th. It was 24.7% higher than the same time last year and a whopping 170% more than what consumers paid just 5 years ago.
Diesel prices continued their upward trajectory on strong global demand. Truckers were paying $4.78 per gal at the end of May a 12.6% increase from the end of April. Last year truckstops around the country had average pump prices of $2.91 per gal and over the past 5 years truckers saw an increase of 216% in the cost to fuel their rigs.
Wholesale jet fuel prices averaged $3.77 per gal in May an increase of more than 37.3 cts per gal over last month and $1.70 per gal over last year. Jet fuel prices increased 418% over the past 5 years.
OPIS tracks real-time retail gasoline and diesel prices at more than 110,000 locations around the country. OPIS is the leading provider of dynamic fuel price information to navigation and onboard device companies. No other source offers more timely petroleum information than OPIS.
For more information on the OPIS TFI or real-time fuel prices contact Fred Rozell, Director of Retail Pricing, 732-730-2568.
OPIS (http://www.opisnet.com), a UCG company based in Gaithersburg, MD., is the most widely accepted U.S. fuel price benchmark for supply contracts and competitive positioning. OPIS covers pricing, analysis and news for gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, propane, feedstocks, resid, and kerosene.
Contacts OPISFred Rozell, 732-730-2568Director of Retail Pricing
WALL, N.J.----The OPIS monthly Transportation Fuel Index (TFI), http://www.opisnet.com/tfi.asp, shows that Americans spent more than $41.5 billion on motor gasoline in May 2008. That is an increase of almost $4.1 billion from the previous month and nearly 7.1 billion more than what was spent in May 2007. Five years ago in May 2003 motorists spent just $15.6 billion, a staggering $25.9 billion less than what consumers are currently paying.
Crude was the force that continued to push prices higher. The benchmark WTI started the month at $112 per bbl and reached a high of $132 per bbl just prior to Memorial Day.
Retail gasoline prices climbed to $3.96 per gal on May 30th, a 9.5% increase over where it closed on April 30th. It was 24.7% higher than the same time last year and a whopping 170% more than what consumers paid just 5 years ago.
Diesel prices continued their upward trajectory on strong global demand. Truckers were paying $4.78 per gal at the end of May a 12.6% increase from the end of April. Last year truckstops around the country had average pump prices of $2.91 per gal and over the past 5 years truckers saw an increase of 216% in the cost to fuel their rigs.
Wholesale jet fuel prices averaged $3.77 per gal in May an increase of more than 37.3 cts per gal over last month and $1.70 per gal over last year. Jet fuel prices increased 418% over the past 5 years.
OPIS tracks real-time retail gasoline and diesel prices at more than 110,000 locations around the country. OPIS is the leading provider of dynamic fuel price information to navigation and onboard device companies. No other source offers more timely petroleum information than OPIS.
For more information on the OPIS TFI or real-time fuel prices contact Fred Rozell, Director of Retail Pricing, 732-730-2568.
OPIS (http://www.opisnet.com), a UCG company based in Gaithersburg, MD., is the most widely accepted U.S. fuel price benchmark for supply contracts and competitive positioning. OPIS covers pricing, analysis and news for gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, propane, feedstocks, resid, and kerosene.
Contacts OPISFred Rozell, 732-730-2568Director of Retail Pricing
Friday, June 06, 2008
Renewable Energy Stocks Sector Close-UP; Tracking the Sector with Indices
Renewable Energy Stocks Sector Close-UP; Tracking the Sector with Indices
Investors Can Track Sector with the Ludlow Energy SmallCap Index, Ludlow Alternative Energy Index, WilderHill Clean Energy Index; Global RENIXX® (Renewable Energy Industrial Index)
POINT ROBERTS, WA and DELTA, BC—June 6 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks and some of the Indices tracking the sector.
The Ludlow Energy SmallCap Index, one of the only Indices tracking some of the small cap players, is currently made up of the following companies: Ascent Solar Technologies, Advanced Battery Tech, Alternative Energy Sources, Akeena Solar Inc (NasdaqCM:AKNS - News), American Sec Res Corp, Clear Skies Solar, Inc (OTC BB:CSKH.OB - News), Convergence Ethanol Inc, Capstone Turbine Corp, Composite Technology Corp, Better Biodiesel Inc, Biofuel Energy Corp, Bluefire Ethanol Fuels Inc, Biosolar Inc, Daystar Technologies Inc, Deli Solar Usa Inc, Dynamotive Energy Sys Corp, Earth Biofuels Inc, Ener1 Inc, Enova Systems Inc, Girasolar Inc, Green Energy Resources Inc, Hoku Scientific Inc, Hybrid Technologies Inc, HydroGen Corporation Comm, Hydrogen Engine Ctr Inc, Icp Solar Technologies Inc, Intrepid Technolog & Res Inc, Millennium Cell Inc, Mass Megawatts Wind Power, Newgen Technologies Inc, Nevada Geothermal Power Inc, Open Energy Corp, 02diesel Corp, Plug Power Inc, Startech Environmental Corp, Energy Quest Inc, W2 Energy Inc, Welwind, Energy International, Inc, Worldwater & Power Corp and XsunX, Inc. (OTC BB:XSNX.OB - News)
"We are extremely pleased to have XsunX selected to be listed on the Ludlow Energy Ventures renewable energy index, which as a reputable index, attracts long term investors with a buoyant viewpoint on alternative energy", said Tom Djokovich, CEO of XsunX, Inc.
The Ludlow Small Cap Energy Index is a basket of small cap alternative energy stocks. Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of renewable energy solutions, recently announced it was added to the Ludlow Energy Small-Cap Index.
“It’s truly an honor to have Clear Skies Solar added to the much-respected Ludlow Energy Ventures renewable energy index,” said Ezra Green, Chairman and CEO of Clear Skies Solar.
The Index provides both institutional and individual investors a tool for tracking the day to day performance of a number of small cap alternative energy stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on alternative energy, and may be seeking a diversified portfolio within the sector. http://www.ludlowenergy.com/indices/smallcap.html
The Ludlow Alternative Energy Index tracks some of the top alternative energy stocks. The Index provides both institutional and individual investors a tool for tracking the day to day performance of the alternative energy sector in a diversified basket. http://www.ludlowenergy.com/indices/
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) reports, "I'm delighted our WilderHill Clean Energy Index (^ECO) was first to capture this new theme, and its tracking PowerShares ETF (symbol: PBW) too was an original investment product in this space. Having a lead of a few years also let us help define what investing in clean energy should look like, and in that time we've seen more than a billion dollars have come into that independent tracking fund, PBW. On the other hand I am also gratified to see so many new Indexes and trackers move into this space lately; a few are pretty close replicas to ECO, while others add interesting new dynamics such as an ability to invest in solar alone. In the meantime since 2004 we've also produced the first Index capturing opportunities found in a response to climate change and for improving dominant energy sources: its tracker is the PowerShares WilderHill Progressive Energy Portfolio (PUW). And most recently partnering with New Energy Finance in London, and Josh Landess in the U.S., we together co-produced the first Global Index for stocks around the world in the clean & new energy space: a tracker for this is the PowerShares Global Clean Energy Portfolio (PBD) and all three now capture key stocks worldwide. I'm excited by the progress made here as well as encouraged by the fact so many new Indexes have since entered this space, which I think reflects this is no longer seen as a niche or unimportant arena. Today, some of the world's biggest corporations are taking clean, new and progressive energy technologies all very seriously, and I believe 'alternative energy' may soon simply become just energy."
For investors following solar stocks in particular, The Claymore ETF (TAN) tracks the MAC Global Solar Energy Index, and the Market Vectors ETF (KWT) tracks the Ardour Solar Energy Index.
For investors tracking the global market, The RENIXX® (Renewable Energy Industrial Index) World is the first global stock index, which comprises the performance of the world’s 30 largest companies of the renewable energy industry whose weighting in the index is based on the market capitalization.
The www.RenewableEnergyStocks.com home page features a comprehensive directory of Indices and ETF’s for investors to research.
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 at http://www.investorideas.com/CO/CSG/
Or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising. XsunX and Clear Skies Holdings compensate the website $5000 per month. In addition, Investorideas.com has been granted options in CSKH at $1.50.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc, WilderHill Clean Energy Index
Investors Can Track Sector with the Ludlow Energy SmallCap Index, Ludlow Alternative Energy Index, WilderHill Clean Energy Index; Global RENIXX® (Renewable Energy Industrial Index)
POINT ROBERTS, WA and DELTA, BC—June 6 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy stocks and some of the Indices tracking the sector.
The Ludlow Energy SmallCap Index, one of the only Indices tracking some of the small cap players, is currently made up of the following companies: Ascent Solar Technologies, Advanced Battery Tech, Alternative Energy Sources, Akeena Solar Inc (NasdaqCM:AKNS - News), American Sec Res Corp, Clear Skies Solar, Inc (OTC BB:CSKH.OB - News), Convergence Ethanol Inc, Capstone Turbine Corp, Composite Technology Corp, Better Biodiesel Inc, Biofuel Energy Corp, Bluefire Ethanol Fuels Inc, Biosolar Inc, Daystar Technologies Inc, Deli Solar Usa Inc, Dynamotive Energy Sys Corp, Earth Biofuels Inc, Ener1 Inc, Enova Systems Inc, Girasolar Inc, Green Energy Resources Inc, Hoku Scientific Inc, Hybrid Technologies Inc, HydroGen Corporation Comm, Hydrogen Engine Ctr Inc, Icp Solar Technologies Inc, Intrepid Technolog & Res Inc, Millennium Cell Inc, Mass Megawatts Wind Power, Newgen Technologies Inc, Nevada Geothermal Power Inc, Open Energy Corp, 02diesel Corp, Plug Power Inc, Startech Environmental Corp, Energy Quest Inc, W2 Energy Inc, Welwind, Energy International, Inc, Worldwater & Power Corp and XsunX, Inc. (OTC BB:XSNX.OB - News)
"We are extremely pleased to have XsunX selected to be listed on the Ludlow Energy Ventures renewable energy index, which as a reputable index, attracts long term investors with a buoyant viewpoint on alternative energy", said Tom Djokovich, CEO of XsunX, Inc.
The Ludlow Small Cap Energy Index is a basket of small cap alternative energy stocks. Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of renewable energy solutions, recently announced it was added to the Ludlow Energy Small-Cap Index.
“It’s truly an honor to have Clear Skies Solar added to the much-respected Ludlow Energy Ventures renewable energy index,” said Ezra Green, Chairman and CEO of Clear Skies Solar.
The Index provides both institutional and individual investors a tool for tracking the day to day performance of a number of small cap alternative energy stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on alternative energy, and may be seeking a diversified portfolio within the sector. http://www.ludlowenergy.com/indices/smallcap.html
The Ludlow Alternative Energy Index tracks some of the top alternative energy stocks. The Index provides both institutional and individual investors a tool for tracking the day to day performance of the alternative energy sector in a diversified basket. http://www.ludlowenergy.com/indices/
Dr. Robert Wilder, of the WilderHill Clean Energy Index (^ECO) reports, "I'm delighted our WilderHill Clean Energy Index (^ECO) was first to capture this new theme, and its tracking PowerShares ETF (symbol: PBW) too was an original investment product in this space. Having a lead of a few years also let us help define what investing in clean energy should look like, and in that time we've seen more than a billion dollars have come into that independent tracking fund, PBW. On the other hand I am also gratified to see so many new Indexes and trackers move into this space lately; a few are pretty close replicas to ECO, while others add interesting new dynamics such as an ability to invest in solar alone. In the meantime since 2004 we've also produced the first Index capturing opportunities found in a response to climate change and for improving dominant energy sources: its tracker is the PowerShares WilderHill Progressive Energy Portfolio (PUW). And most recently partnering with New Energy Finance in London, and Josh Landess in the U.S., we together co-produced the first Global Index for stocks around the world in the clean & new energy space: a tracker for this is the PowerShares Global Clean Energy Portfolio (PBD) and all three now capture key stocks worldwide. I'm excited by the progress made here as well as encouraged by the fact so many new Indexes have since entered this space, which I think reflects this is no longer seen as a niche or unimportant arena. Today, some of the world's biggest corporations are taking clean, new and progressive energy technologies all very seriously, and I believe 'alternative energy' may soon simply become just energy."
For investors following solar stocks in particular, The Claymore ETF (TAN) tracks the MAC Global Solar Energy Index, and the Market Vectors ETF (KWT) tracks the Ardour Solar Energy Index.
For investors tracking the global market, The RENIXX® (Renewable Energy Industrial Index) World is the first global stock index, which comprises the performance of the world’s 30 largest companies of the renewable energy industry whose weighting in the index is based on the market capitalization.
The www.RenewableEnergyStocks.com home page features a comprehensive directory of Indices and ETF’s for investors to research.
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 at http://www.investorideas.com/CO/CSG/
Or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising. XsunX and Clear Skies Holdings compensate the website $5000 per month. In addition, Investorideas.com has been granted options in CSKH at $1.50.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc, WilderHill Clean Energy Index
Thursday, June 05, 2008
Solar Power, Inc. Closes Hardware Sale for More Than $20 Million With South Korean Based Solar Distributor/Installer
Solar Power, Inc. Closes Hardware Sale for More Than $20 Million With South Korean Based Solar Distributor/Installer
Roseville-based Solar Power, Inc. Ramping Factory Output Through International Business Growth Strategy
advertisement
ROSEVILLE, Calif. Solar Power, Inc. (“SPI”) (OTCBB: SOPW) has entered into an agreement to provide a large Korean distributor/installer with 5 megawatts of the Company’s SP200 solar modules. The modules will be used as part of a 10 MW solar park currently under development North East of Seoul, Korea and will be delivered in a series of shipments beginning in June and concluding in August, 2008. SPI has received a letter of credit underlying the financial terms of this transaction and has commenced processing the first scheduled shipment.
Solar Power, Inc. designs and manufactures its own line of photovoltaic modules and racking systems. Additionally, in the United States, SPI designs and installs commercial systems and serves the U.S. residential market through its growing Yes! Solar Solutions franchise network. “As we continue to grow our business, working with a select group of companies, like our Korean partner, will allow us to further ramp factory output,” said Steve Kircher, CEO of Solar Power, Inc. “Working directly with distribution and integration companies across Asia and Europe is a complement to our U.S. business plan and a key part of our long-term business growth strategy,” Mr. Kircher further commented.
About Solar Power, Inc.:
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.
Safe Harbor Statement:
This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as “believes, expects” or similar expressions. The forward looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.
Contact:Solar Power, Inc.Mike Anderson, Vice President Marketing, 916-745-0916Manderson@solarpowerinc.net orHC International, Inc.Ted Haberfield, Executive VP, 760-775-2716thaberfield@hcinternational.net
Source: Solar Power, Inc.
Roseville-based Solar Power, Inc. Ramping Factory Output Through International Business Growth Strategy
advertisement
ROSEVILLE, Calif. Solar Power, Inc. (“SPI”) (OTCBB: SOPW) has entered into an agreement to provide a large Korean distributor/installer with 5 megawatts of the Company’s SP200 solar modules. The modules will be used as part of a 10 MW solar park currently under development North East of Seoul, Korea and will be delivered in a series of shipments beginning in June and concluding in August, 2008. SPI has received a letter of credit underlying the financial terms of this transaction and has commenced processing the first scheduled shipment.
Solar Power, Inc. designs and manufactures its own line of photovoltaic modules and racking systems. Additionally, in the United States, SPI designs and installs commercial systems and serves the U.S. residential market through its growing Yes! Solar Solutions franchise network. “As we continue to grow our business, working with a select group of companies, like our Korean partner, will allow us to further ramp factory output,” said Steve Kircher, CEO of Solar Power, Inc. “Working directly with distribution and integration companies across Asia and Europe is a complement to our U.S. business plan and a key part of our long-term business growth strategy,” Mr. Kircher further commented.
About Solar Power, Inc.:
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American residential, commercial and public sector building markets a complete solution through a single brand. Solar Power, Inc. provides turnkey design-build solutions through its Roseville, California headquarters and a growing retail distribution network.
Safe Harbor Statement:
This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as “believes, expects” or similar expressions. The forward looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.
Contact:Solar Power, Inc.Mike Anderson, Vice President Marketing, 916-745-0916Manderson@solarpowerinc.net orHC International, Inc.Ted Haberfield, Executive VP, 760-775-2716thaberfield@hcinternational.net
Source: Solar Power, Inc.
ZAP: Former President of Pirelli Tire North America Asks Corporate America to "Walk the Talk"
ZAP: Former President of Pirelli Tire North America Asks Corporate America to "Walk the Talk"
ROME, GA., Jun 5, 2008 - Guy Mannino, former president and CEO of Pirelli Tire North America (PTNA), at least agrees with the current presidential candidates on one thing... it's time for a change. In his own words, Mannino is "calling on all retired and current CEOs of corporate America to join with me and just stop talking 'green' and start driving 'green'!"
"Now is the time for corporate America, as well as Federal, State and local governments, to take action and proclaim our independence from oil and gas," he continues. "Now is the time for electric vehicles that lower fuel costs, as well as combat pollution and global warming."
Strange for a man who has spent the better part of the past 25 years driving high-performance cars on road and track.
Mannino, a veteran executive with 28 years of international sales, marketing and manufacturing experience, has a degree in Chemical Engineering from the University of Rome and a Masters in e-Business. Mannino's career with Pirelli spanned three continents (Europe, South America and North America) where he managed multi-million-dollar investment projects, including site definitions for manufacturing, warehousing and distribution centers. His tenure at PTNA was highlighted by skyrocketing sales and a strong brand image. In addition, Mannino developed outstanding relationships with state and local governments.
Mannino's commitment to "clean and green technology" is so strong that he left Pirelli last fall to found Verdek, a consulting and trading company with corporate headquarters in Rome and offices in Connecticut and Rome, Italy. Verdek-EV, the e-commerce division, was created to market and sell a line of ZAP electric vehicles and portable energy devices to help businesses and consumers become more efficient.
"We need to stop blaming the oil companies and start taking action ourselves," commented Mannino. "If every corporate fleet in America would make the decision to convert 20% of their fleets to electric, the impact would be significant and immediate."
Based in Santa Rosa, Calif., ZAP (OTCBB: ZAAP) stands for 'Zero Air Pollution' and offers a full line of Xebra electric cars and trucks, Zapino scooters and off-road vehicles, as well as charging accessories.
"We fully agreed that the time is now to make the switch from gas to electric," said ZAP CEO Steven Schneider. "This is the easiest way to start saving money on gas and, at the same time, helping the environment."
"I have done the research and am convinced that the technology is here; the price point is right," states Mannino. "ZAP Xebras and the Zapino are truly cost-competitive alternatives that can meet a myriad of fleet and corporate applications today."
For more information about Verdek and Verdek-EV, please visit the tri-lingual (English, Spanish and Italian) web sites at www.Verdek.com and www.Verdek-EV.com. Photographs of Mannino and ZAP vehicles are available at 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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=773585
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:
Jack Gerken
Verdek
714-436-9900
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
ROME, GA., Jun 5, 2008 - Guy Mannino, former president and CEO of Pirelli Tire North America (PTNA), at least agrees with the current presidential candidates on one thing... it's time for a change. In his own words, Mannino is "calling on all retired and current CEOs of corporate America to join with me and just stop talking 'green' and start driving 'green'!"
"Now is the time for corporate America, as well as Federal, State and local governments, to take action and proclaim our independence from oil and gas," he continues. "Now is the time for electric vehicles that lower fuel costs, as well as combat pollution and global warming."
Strange for a man who has spent the better part of the past 25 years driving high-performance cars on road and track.
Mannino, a veteran executive with 28 years of international sales, marketing and manufacturing experience, has a degree in Chemical Engineering from the University of Rome and a Masters in e-Business. Mannino's career with Pirelli spanned three continents (Europe, South America and North America) where he managed multi-million-dollar investment projects, including site definitions for manufacturing, warehousing and distribution centers. His tenure at PTNA was highlighted by skyrocketing sales and a strong brand image. In addition, Mannino developed outstanding relationships with state and local governments.
Mannino's commitment to "clean and green technology" is so strong that he left Pirelli last fall to found Verdek, a consulting and trading company with corporate headquarters in Rome and offices in Connecticut and Rome, Italy. Verdek-EV, the e-commerce division, was created to market and sell a line of ZAP electric vehicles and portable energy devices to help businesses and consumers become more efficient.
"We need to stop blaming the oil companies and start taking action ourselves," commented Mannino. "If every corporate fleet in America would make the decision to convert 20% of their fleets to electric, the impact would be significant and immediate."
Based in Santa Rosa, Calif., ZAP (OTCBB: ZAAP) stands for 'Zero Air Pollution' and offers a full line of Xebra electric cars and trucks, Zapino scooters and off-road vehicles, as well as charging accessories.
"We fully agreed that the time is now to make the switch from gas to electric," said ZAP CEO Steven Schneider. "This is the easiest way to start saving money on gas and, at the same time, helping the environment."
"I have done the research and am convinced that the technology is here; the price point is right," states Mannino. "ZAP Xebras and the Zapino are truly cost-competitive alternatives that can meet a myriad of fleet and corporate applications today."
For more information about Verdek and Verdek-EV, please visit the tri-lingual (English, Spanish and Italian) web sites at www.Verdek.com and www.Verdek-EV.com. Photographs of Mannino and ZAP vehicles are available at 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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=773585
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:
Jack Gerken
Verdek
714-436-9900
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
Environmental Engine Developer Rotoblock Inc. (OTCBB: ROTB) Names Richard H. DiStefano COO
Environmental Engine Developer Rotoblock Inc. (OTCBB: ROTB) Names Richard H. DiStefano COO
New Management Addition Facilitates Company's US-China Expansion
SANTA ROSA, Calif., Environmental engine technology firm Rotoblock Inc. (OTCBB: ROTB) announces the appointment of Richard H. DiStefano as Chief Operating Officer. The recent addition is integral to the company’s business plan and its US-China expansion.
Mr. DiStefano is a business strategist with 13 years experience managing multiple product lines in both the corporate and entrepreneurial environments. He has broad-based experience with companies like IAC, match.com, Premier Wireless, and Hansen Beverage Company involved in management, planning, business development, product development and marketing.
According to Rotoblock CEO Mr. Chien Chih Liu, “The addition of Mr. DiStefano as COO will help with the Company's recently planned expansion." In May Rotoblock agreed to acquire controlling interest in Hikom Gottell Corporation for US $25 Million. The US-China venture intends to develop and manufacture small engines, air-conditioning systems and other consumer and industrial equipment.
"Mr. DiStefano has a balanced background with a proven track record in business development," said Mr. Liu. "I believe he will be an excellent addition to Rotoblock, bringing new ideas that will be of strategic importance to future growth."
In February DiStefano was promoted to Senior Director for IAC (InterActive Corp.). Prior to this, he spent the past three years as Director of Mobile Products for match.com, which was acquired by IAC in 1999. DiStefano was instrumental in developing and launching SMS alerts, an integrated WAP site and Brew downloadable client applications with AT&T, Sprint, Virgin, Alltel and Telefonica in Spain. He led the global on-deck expansion into the UK and Spain with Vodafone and Orange. He also created and launched an off-deck model for match and MSN dating and personals in the US and 14 additional countries.
"Rotoblock is in a very dynamic situation internationally with its business focus of energy efficiency and advanced technology," said DiStefano. "I think the opportunity and timing is critical with all of the changes taking place throughout the world, and in particular China."
Mr. DiStefano is also an entrepreneur, founding San Francisco-based Premier Wireless in 2003, which now operates 12 outlets that have formed dealer relationships with Sprint, Verizon, Cingular, T-Mobile and Metro PCS. In 1994, he was the founder of Video City in Davis, California which he turned to profitability in its first year and led the sale to new ownership 10 years later.
Mr. DiStefano has a diverse business background. From 1998 to 2001, he was Regional Manager for Hansen Beverage Company, involved in marketing and distribution and helping to launch the energy drink segment in the US. From 2001 to 2004, he served as Vice President, Products for Intercontinental Nail Products.
Mr. DiStefano has a Law Degree from Lincoln Law School in Sacramento, California and studied Communications and Rhetoric at the University of California, Davis.
About Rotoblock Corporation -- Rotoblock is focused on the development and manufacturing of small engines and other energy-efficient and environmental equipment in China for distribution worldwide. The Company was incorporated in Nevada and is headquartered in Santa Rosa, California. Rotoblock has full rights to the patents of the Oscillating Piston Engine and believes the OPE technology has useful applications in an endless number of areas where its powerful, lightweight, efficient design are in ever-increasing demand. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbour For Forward-Looking Statements
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
Rotoblock Corporation is a featured Company on RenewableEnergyStocks.com, EnvironmentStocks.com and IndiaStockMarket.com
For full details, click here: http://www.renewableenergystocks.com/CO/ROTB/Default.asp
Contact:
Rotoblock Corporation
Tony R. Collins, 877-511-0110 (Toll Free)
Shawn Balaghi, 877-511-0110 (Toll Free)
Source: Rotoblock Corporation
New Management Addition Facilitates Company's US-China Expansion
SANTA ROSA, Calif., Environmental engine technology firm Rotoblock Inc. (OTCBB: ROTB) announces the appointment of Richard H. DiStefano as Chief Operating Officer. The recent addition is integral to the company’s business plan and its US-China expansion.
Mr. DiStefano is a business strategist with 13 years experience managing multiple product lines in both the corporate and entrepreneurial environments. He has broad-based experience with companies like IAC, match.com, Premier Wireless, and Hansen Beverage Company involved in management, planning, business development, product development and marketing.
According to Rotoblock CEO Mr. Chien Chih Liu, “The addition of Mr. DiStefano as COO will help with the Company's recently planned expansion." In May Rotoblock agreed to acquire controlling interest in Hikom Gottell Corporation for US $25 Million. The US-China venture intends to develop and manufacture small engines, air-conditioning systems and other consumer and industrial equipment.
"Mr. DiStefano has a balanced background with a proven track record in business development," said Mr. Liu. "I believe he will be an excellent addition to Rotoblock, bringing new ideas that will be of strategic importance to future growth."
In February DiStefano was promoted to Senior Director for IAC (InterActive Corp.). Prior to this, he spent the past three years as Director of Mobile Products for match.com, which was acquired by IAC in 1999. DiStefano was instrumental in developing and launching SMS alerts, an integrated WAP site and Brew downloadable client applications with AT&T, Sprint, Virgin, Alltel and Telefonica in Spain. He led the global on-deck expansion into the UK and Spain with Vodafone and Orange. He also created and launched an off-deck model for match and MSN dating and personals in the US and 14 additional countries.
"Rotoblock is in a very dynamic situation internationally with its business focus of energy efficiency and advanced technology," said DiStefano. "I think the opportunity and timing is critical with all of the changes taking place throughout the world, and in particular China."
Mr. DiStefano is also an entrepreneur, founding San Francisco-based Premier Wireless in 2003, which now operates 12 outlets that have formed dealer relationships with Sprint, Verizon, Cingular, T-Mobile and Metro PCS. In 1994, he was the founder of Video City in Davis, California which he turned to profitability in its first year and led the sale to new ownership 10 years later.
Mr. DiStefano has a diverse business background. From 1998 to 2001, he was Regional Manager for Hansen Beverage Company, involved in marketing and distribution and helping to launch the energy drink segment in the US. From 2001 to 2004, he served as Vice President, Products for Intercontinental Nail Products.
Mr. DiStefano has a Law Degree from Lincoln Law School in Sacramento, California and studied Communications and Rhetoric at the University of California, Davis.
About Rotoblock Corporation -- Rotoblock is focused on the development and manufacturing of small engines and other energy-efficient and environmental equipment in China for distribution worldwide. The Company was incorporated in Nevada and is headquartered in Santa Rosa, California. Rotoblock has full rights to the patents of the Oscillating Piston Engine and believes the OPE technology has useful applications in an endless number of areas where its powerful, lightweight, efficient design are in ever-increasing demand. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbour For Forward-Looking Statements
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
Rotoblock Corporation is a featured Company on RenewableEnergyStocks.com, EnvironmentStocks.com and IndiaStockMarket.com
For full details, click here: http://www.renewableenergystocks.com/CO/ROTB/Default.asp
Contact:
Rotoblock Corporation
Tony R. Collins, 877-511-0110 (Toll Free)
Shawn Balaghi, 877-511-0110 (Toll Free)
Source: Rotoblock Corporation
Renewable Energy Stocks Sector Close-Up on Geothermal Stocks; SPX Corporation Heats Up Geothermal Sector with $100 Million Icelandic Utility Agreement
Renewable Energy Stocks Sector Close-Up on Geothermal Stocks; SPX Corporation Heats Up Geothermal Sector with $100 Million Icelandic Utility Supply Agreement
POINT ROBERTS, WA and DELTA, BC June 5, 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 Geothermal stocks and why the sector is heating up.
According to the US Department of Energy online, “Direct use of geothermal energy in homes and commercial operations is much less expensive than using traditional fuels. Savings can be as much as 80% over fossil fuels. Direct use is also very clean, producing only a small percentage (and in many cases none) of the air pollutants emitted by burning fossil fuels.”
Geothermal Stocks Sector Close-Up
SPX Corporation (NYSE: SPW) recently announced its thermal equipment and services business has agreed to supply critical components worth approximately $100 million to Orkuveita Reykjavikur (OR), an Iceland utility. The announcement was made at a formal ceremony at the Hellisheidi geothermal power plant in Iceland on Friday, May 30, 2008.
"Our products will help create one of the most modern and efficient geothermal facilities in the world," said Drew Ladau, President of SPX Thermal Equipment and Services. "Iceland is a world leader in geothermal power generation and we're pleased to play a role in helping build their energy infrastructure."
Calpine Corporation (NYSE: CPN) recently rejected NRG Energy Inc.'s proposed all-stock merger, valued at $9.56 billion, as inadequate. Calpine, a major U.S. power company owns, leases, and operates low-carbon, natural gas-fueled, and renewable geothermal power plants.
Essential Innovations Technology Corp. (OTCBB: ESIV) recently announced that the Company has signed on with a number of agents for product representation, having exclusive or non-exclusive right to the ESIV product- line in North America and certain parts of Asia, while it further states that it has additionally engaged with other parties under corporate representation agreements for the promotion and execution of overall business and financing objectives.
Nevada Geothermal Power, Inc. (CDNX: NGP.V; OTCBB: NGLPF) was up 0.15 (13.39%) on trading June 4th on news that Ross Glanville, B.A.Sc., P. Eng., MBA, has been appointed to NGP's Board of Directors. Mr. Glanville has over 35 years experience in mining, exploration, finance, marketing and management, with 20 years experience in senior executive positions within major and junior mining companies.Mr. Glanville has been director, president, and founder of public companies (listed on the Toronto Stock Exchange, NASDAQ, Australian Stock Exchange, and TSX Venture Exchange) involved in mine operations, research and development, and exploration for a wide variety of mineral commodities.
Ormat Technologies Inc. (NYSE: ORA) with a 52 week range of $33.52 - $57.93, closed at $51.24 as of trading close June 4th.
Sierra Geothermal Power Corp (TSX.V:SRA) issued news on June 3rd, with results of an independent report by GeothermEx Inc. which significantly increases the resource estimate on its Barren Hills project in Lyon County, Nevada. GeothermEx estimates a 90% probability (confidence level) of generating at least 55 megawatts and a 50% probability that the reserve can support a plant of 117 megawatts.
US Geothermal (Amex: HTM, TSX: GTH) closed up 0.05 (1.89%).
LSB Industries, Inc. (AMEX: LXU) recently announced that it has again been named to Business Week’s annual list of Hot Growth Companies. LSB’s principal business activities consist of the manufacture and sale of commercial and residential climate control products, such as geothermal and water source heat pumps.
For investors following the sector, Renewableenergystocks.com features a global directory of publicly traded geothermal stocks at: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
About Featured Geoexchange Showcase Company:
Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S) provides cutting-edge Geoexchange solutions for residential, commercial and industrial applications as both a manufacturer of proprietary geothermal heat pump technology and as a Geoexchange energy service company. The Company was incorporated in April 2001, and it has four wholly owned subsidiaries located in British Columbia, Canada and in Hong Kong, SAR, and China.
More info can be found on the Investorideas.com Showcase page at: http://www.investorideas.com/CO/ESIV/Default.asp
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 global stocks within the renewable energy sector.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Essential Innovations Technology compensates Investorideas.com as a showcase company with 375,000 144 shares for a 3 month period.
Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Essential Innovations
POINT ROBERTS, WA and DELTA, BC June 5, 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 Geothermal stocks and why the sector is heating up.
According to the US Department of Energy online, “Direct use of geothermal energy in homes and commercial operations is much less expensive than using traditional fuels. Savings can be as much as 80% over fossil fuels. Direct use is also very clean, producing only a small percentage (and in many cases none) of the air pollutants emitted by burning fossil fuels.”
Geothermal Stocks Sector Close-Up
SPX Corporation (NYSE: SPW) recently announced its thermal equipment and services business has agreed to supply critical components worth approximately $100 million to Orkuveita Reykjavikur (OR), an Iceland utility. The announcement was made at a formal ceremony at the Hellisheidi geothermal power plant in Iceland on Friday, May 30, 2008.
"Our products will help create one of the most modern and efficient geothermal facilities in the world," said Drew Ladau, President of SPX Thermal Equipment and Services. "Iceland is a world leader in geothermal power generation and we're pleased to play a role in helping build their energy infrastructure."
Calpine Corporation (NYSE: CPN) recently rejected NRG Energy Inc.'s proposed all-stock merger, valued at $9.56 billion, as inadequate. Calpine, a major U.S. power company owns, leases, and operates low-carbon, natural gas-fueled, and renewable geothermal power plants.
Essential Innovations Technology Corp. (OTCBB: ESIV) recently announced that the Company has signed on with a number of agents for product representation, having exclusive or non-exclusive right to the ESIV product- line in North America and certain parts of Asia, while it further states that it has additionally engaged with other parties under corporate representation agreements for the promotion and execution of overall business and financing objectives.
Nevada Geothermal Power, Inc. (CDNX: NGP.V; OTCBB: NGLPF) was up 0.15 (13.39%) on trading June 4th on news that Ross Glanville, B.A.Sc., P. Eng., MBA, has been appointed to NGP's Board of Directors. Mr. Glanville has over 35 years experience in mining, exploration, finance, marketing and management, with 20 years experience in senior executive positions within major and junior mining companies.Mr. Glanville has been director, president, and founder of public companies (listed on the Toronto Stock Exchange, NASDAQ, Australian Stock Exchange, and TSX Venture Exchange) involved in mine operations, research and development, and exploration for a wide variety of mineral commodities.
Ormat Technologies Inc. (NYSE: ORA) with a 52 week range of $33.52 - $57.93, closed at $51.24 as of trading close June 4th.
Sierra Geothermal Power Corp (TSX.V:SRA) issued news on June 3rd, with results of an independent report by GeothermEx Inc. which significantly increases the resource estimate on its Barren Hills project in Lyon County, Nevada. GeothermEx estimates a 90% probability (confidence level) of generating at least 55 megawatts and a 50% probability that the reserve can support a plant of 117 megawatts.
US Geothermal (Amex: HTM, TSX: GTH) closed up 0.05 (1.89%).
LSB Industries, Inc. (AMEX: LXU) recently announced that it has again been named to Business Week’s annual list of Hot Growth Companies. LSB’s principal business activities consist of the manufacture and sale of commercial and residential climate control products, such as geothermal and water source heat pumps.
For investors following the sector, Renewableenergystocks.com features a global directory of publicly traded geothermal stocks at: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp.
About Featured Geoexchange Showcase Company:
Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S) provides cutting-edge Geoexchange solutions for residential, commercial and industrial applications as both a manufacturer of proprietary geothermal heat pump technology and as a Geoexchange energy service company. The Company was incorporated in April 2001, and it has four wholly owned subsidiaries located in British Columbia, Canada and in Hong Kong, SAR, and China.
More info can be found on the Investorideas.com Showcase page at: http://www.investorideas.com/CO/ESIV/Default.asp
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 global stocks within the renewable energy sector.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Essential Innovations Technology compensates Investorideas.com as a showcase company with 375,000 144 shares for a 3 month period.
Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Essential Innovations
Tuesday, June 03, 2008
Clear Skies Solar Shines on Planet Green's Greenovate Program
Clear Skies Solar Shines on Planet Green's Greenovate Program
NEW YORK, Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of turnkey solar electricity installations and renewable energy solutions, will shed light on the many benefits of solar energy on Planet Green’s new Greenovate program Saturday, June 7 – only days after the launch of the network itself.
The documentary-style show follows “greenovators” – or homeowners – as they make their houses environmentally friendly by implementing “green” designs and features from energy efficient appliances to residential-scale photovoltaic systems.
The episode followed Clear Skies Solar as they, in fewer than four hours, installed a residential solar system, which included upgrading the existing service panel from 100 amps to 200 amps in order to accommodate the new system.
Ezra Green, Chief Executive Officer and Chairman of Clear Skies Solar (CSS) is featured in the episode as a solar energy expert explaining to viewers, while perched atop the homeowner’s roof, the many financial and environmental benefits of solar power, including the homeowner’s anticipated annual savings of nearly 40% on energy bills.
“CSS’s participation in this project was truly exhilarating,” said Green. “It was a privilege to work with such a highly-revered company as Discovery Corp. to produce this forward-thinking show for such a unique and pioneering channel as Planet Green. We’re proud to be a part of this network in its infancy and hope all the viewers enjoy this episode as much as we enjoyed participating in it.”
This episode of Greenovate first premiered on The Learning Channel (TLC) last month as a teaser for Planet Green, the first and only 24-hour eco-lifestyle network launching this week (Wednesday, June 4).
“In addition to supporting the movement among homeowners transitioning from traditional energy to solar energy, our intention with Greenovate was to also educate Americans on the infinite benefits of this energy option,” added Green.
To view Clear Skies Solar in the upcoming Greenovate episode tune in on Saturday, June 7. Find your local area listing at http://planetgreen.channelfinder.net/.
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:
for Clear Skies Solar
Avalanche Strategic Communications
Laura Finlayson, 201-488-0049 (Media Inquiries)
laura@avalanchepr.com
or
PR Financial Marketing
Jim Blackman, 713-256-0369 (Investor Relations)
jim@prfmonline.com
Source: Clear Skies Solar, Inc.
NEW YORK, Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of turnkey solar electricity installations and renewable energy solutions, will shed light on the many benefits of solar energy on Planet Green’s new Greenovate program Saturday, June 7 – only days after the launch of the network itself.
The documentary-style show follows “greenovators” – or homeowners – as they make their houses environmentally friendly by implementing “green” designs and features from energy efficient appliances to residential-scale photovoltaic systems.
The episode followed Clear Skies Solar as they, in fewer than four hours, installed a residential solar system, which included upgrading the existing service panel from 100 amps to 200 amps in order to accommodate the new system.
Ezra Green, Chief Executive Officer and Chairman of Clear Skies Solar (CSS) is featured in the episode as a solar energy expert explaining to viewers, while perched atop the homeowner’s roof, the many financial and environmental benefits of solar power, including the homeowner’s anticipated annual savings of nearly 40% on energy bills.
“CSS’s participation in this project was truly exhilarating,” said Green. “It was a privilege to work with such a highly-revered company as Discovery Corp. to produce this forward-thinking show for such a unique and pioneering channel as Planet Green. We’re proud to be a part of this network in its infancy and hope all the viewers enjoy this episode as much as we enjoyed participating in it.”
This episode of Greenovate first premiered on The Learning Channel (TLC) last month as a teaser for Planet Green, the first and only 24-hour eco-lifestyle network launching this week (Wednesday, June 4).
“In addition to supporting the movement among homeowners transitioning from traditional energy to solar energy, our intention with Greenovate was to also educate Americans on the infinite benefits of this energy option,” added Green.
To view Clear Skies Solar in the upcoming Greenovate episode tune in on Saturday, June 7. Find your local area listing at http://planetgreen.channelfinder.net/.
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:
for Clear Skies Solar
Avalanche Strategic Communications
Laura Finlayson, 201-488-0049 (Media Inquiries)
laura@avalanchepr.com
or
PR Financial Marketing
Jim Blackman, 713-256-0369 (Investor Relations)
jim@prfmonline.com
Source: Clear Skies Solar, Inc.
eSolar and Southern California Edison to Produce 245 MW of Solar Power Series of Pre-Fab Solar Plants
eSolar and Southern California Edison to Produce 245 MW of Solar Power Series of Pre-Fab Solar Plants To Provide Clean Electricity to Communities in Southern California
PASADENA, Calif.--June 3 2008 --Today, eSolar™, a producer of scalable solar thermal power plants, announced that it has signed a power purchase agreement with Southern California Edison (SCE) to build a total of 245 megawatts (MW) of concentrating solar plants in the Antelope Valley region of Southern California. The series of fully operational plants will begin production in 2011.
“SCE is committed to providing renewable energy generation at competitive costs – to this end, we review all of the possible sources to meet the growing demand for clean power,” said Stuart Hemphill, SCE vice president, Renewable and Alternative Power. “eSolar’s proposed solar projects promise to be modular, scalable, and easily and rapidly deployed. SCE is excited about the prospects of eSolar’s unique solar technology and the potential benefits it can bring for our customers.”
On the heels of its $130 million funding round in April led by Idealab, Google.org, and Oak Investment Partners, eSolar is aggressively pursuing a novel approach to large or utility-scale solar projects. Leveraging a proprietary combination of optics and software in a pre-fabricated form factor, eSolar achieves economies of scale with a modular design that focuses on the key business obstacles that have characterized large solar installations – price, scalability, speed of deployment and grid impact.
“eSolar’s proprietary approach to solar thermal generation can be designed to meet the needs of utilities large and small – a smarter-sized footprint and variable configurations ensure power can be delivered where it is needed most,” said Asif Ansari, CEO of eSolar. “We are proud to be supporting SCE in its commitment to delivering clean, reliable electricity to its customers.”
About eSolar
eSolar is an Idealab company founded by CEO Asif Ansari in 2007 to develop, construct and deploy modular, scalable solar thermal power plants. eSolar’s approach marries a low-impact, pre-fabricated form factor with advanced optics and computer software engineering to meet the demands of utilities of any size for clean, renewable and cost-competitive solar energy. By focusing on the key business obstacles that have characterized large solar installations – price, scalability, speed of deployment and grid impact – eSolar has developed a proprietary solution to make a dramatic reduction in the cost of solar thermal technology. eSolar is based in Pasadena, California and has 76 employees. For more information please visit http://www.esolar.com/.
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is the largest electric utility in California, serving a population of more than 13 million via 4.8 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.
Contacts Antenna Group for eSolarCasey Cronin, 415-977-1912casey@antennagroup.comorSouthern California EdisonVanessa McGrady, 626-302-2255vanessa.mcgrady@sce.com
PASADENA, Calif.--June 3 2008 --Today, eSolar™, a producer of scalable solar thermal power plants, announced that it has signed a power purchase agreement with Southern California Edison (SCE) to build a total of 245 megawatts (MW) of concentrating solar plants in the Antelope Valley region of Southern California. The series of fully operational plants will begin production in 2011.
“SCE is committed to providing renewable energy generation at competitive costs – to this end, we review all of the possible sources to meet the growing demand for clean power,” said Stuart Hemphill, SCE vice president, Renewable and Alternative Power. “eSolar’s proposed solar projects promise to be modular, scalable, and easily and rapidly deployed. SCE is excited about the prospects of eSolar’s unique solar technology and the potential benefits it can bring for our customers.”
On the heels of its $130 million funding round in April led by Idealab, Google.org, and Oak Investment Partners, eSolar is aggressively pursuing a novel approach to large or utility-scale solar projects. Leveraging a proprietary combination of optics and software in a pre-fabricated form factor, eSolar achieves economies of scale with a modular design that focuses on the key business obstacles that have characterized large solar installations – price, scalability, speed of deployment and grid impact.
“eSolar’s proprietary approach to solar thermal generation can be designed to meet the needs of utilities large and small – a smarter-sized footprint and variable configurations ensure power can be delivered where it is needed most,” said Asif Ansari, CEO of eSolar. “We are proud to be supporting SCE in its commitment to delivering clean, reliable electricity to its customers.”
About eSolar
eSolar is an Idealab company founded by CEO Asif Ansari in 2007 to develop, construct and deploy modular, scalable solar thermal power plants. eSolar’s approach marries a low-impact, pre-fabricated form factor with advanced optics and computer software engineering to meet the demands of utilities of any size for clean, renewable and cost-competitive solar energy. By focusing on the key business obstacles that have characterized large solar installations – price, scalability, speed of deployment and grid impact – eSolar has developed a proprietary solution to make a dramatic reduction in the cost of solar thermal technology. eSolar is based in Pasadena, California and has 76 employees. For more information please visit http://www.esolar.com/.
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is the largest electric utility in California, serving a population of more than 13 million via 4.8 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.
Contacts Antenna Group for eSolarCasey Cronin, 415-977-1912casey@antennagroup.comorSouthern California EdisonVanessa McGrady, 626-302-2255vanessa.mcgrady@sce.com
Monday, June 02, 2008
ZAP Acquires Interest in Electric Wheel Motor Company
ZAP Acquires Interest in Electric Wheel Motor Company
SANTA ROSA, CA, Jun 2, 2008 - Electric transportation pioneer ZAP (OTCBB: ZAAP) announced today that it has acquired an ownership interest in an electric motor company to develop and manufacture a new line of wheel motors for future vehicle developments and global distribution.
Under the agreement, ZAP is collaborating and investing in the development of a line of wheel motors for various types of electric vehicles, from an electric bike or scooter to an electric car. ZAP and its partner have also agreed to work together on the optimum process for manufacturing all motors and controllers. ZAP has been granted exclusive rights to the wheel motors under the agreement for international distribution.
"So many have focused on batteries as a way to improve the performance of electric vehicles, but wheel motors are truly a giant leap forward," said Gary Starr, who manages product development for ZAP. "Today's ZAP wheel motor vehicles can nearly double the range of similar vehicles we brought to market ten years ago."
ZAP and their partner expect to increase the power, performance and efficiency of wheel motors through the use of a proprietary, brushless, multi-pole wheel-motor technology. ZAP is developing a 7000-watt wheel motor for larger vehicle applications.
ZAP was one of the first electric vehicle companies to market wheel motor powered vehicles with its ZAPPY3 electric scooter, which uses a 350-watt motor. Last year, ZAP introduced the Zapino scooter with its 3000-watt wheel motor, which ZAP says is one of the most powerful systems available on the market today.
Wheel motors can significantly increase the power-to-weight ratio of electric drivetrains. Having motors built into the wheels decreases the weight, eliminates the transmission, and saves space inside the vehicle for more battery capacity and features. Eliminating a chain or belt transmission increases the efficiency and can result in less noise, vibration and overall maintenance.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=770382
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:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
SANTA ROSA, CA, Jun 2, 2008 - Electric transportation pioneer ZAP (OTCBB: ZAAP) announced today that it has acquired an ownership interest in an electric motor company to develop and manufacture a new line of wheel motors for future vehicle developments and global distribution.
Under the agreement, ZAP is collaborating and investing in the development of a line of wheel motors for various types of electric vehicles, from an electric bike or scooter to an electric car. ZAP and its partner have also agreed to work together on the optimum process for manufacturing all motors and controllers. ZAP has been granted exclusive rights to the wheel motors under the agreement for international distribution.
"So many have focused on batteries as a way to improve the performance of electric vehicles, but wheel motors are truly a giant leap forward," said Gary Starr, who manages product development for ZAP. "Today's ZAP wheel motor vehicles can nearly double the range of similar vehicles we brought to market ten years ago."
ZAP and their partner expect to increase the power, performance and efficiency of wheel motors through the use of a proprietary, brushless, multi-pole wheel-motor technology. ZAP is developing a 7000-watt wheel motor for larger vehicle applications.
ZAP was one of the first electric vehicle companies to market wheel motor powered vehicles with its ZAPPY3 electric scooter, which uses a 350-watt motor. Last year, ZAP introduced the Zapino scooter with its 3000-watt wheel motor, which ZAP says is one of the most powerful systems available on the market today.
Wheel motors can significantly increase the power-to-weight ratio of electric drivetrains. Having motors built into the wheels decreases the weight, eliminates the transmission, and saves space inside the vehicle for more battery capacity and features. Eliminating a chain or belt transmission increases the efficiency and can result in less noise, vibration and overall maintenance.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=770382
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:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
Friday, May 30, 2008
Ludlow Energy SmallCap Index
Ludlow Energy SmallCap Index
Small Cap Alt. Energy Index Components
http://www.ludlowenergy.com/indices/historic/smallcap.html
ASTIZ
Ascent Solar Technologies In Wt B Ex 071011
7.08
0.22
19840
3.21%
ABAT
Advanced Battery Technolog I
4.00
0.04
70268
1.01%
AENS
Alternative Energy Sources I Com New
0.06
0.00
14346
0.00%
AKNS
Akeena Solar Inc De
6.64
0.20
717301
3.11%
ARSC
American Sec Res Corp
0.04
0.00
1384605
10.83%
CSKH
Clear Skies Solar, Inc.
1.09
0.02
24420
1.87%
CETH
Convergence Ethanol Inc
0.00
0.00
0
0.00%
CPST
Capstone Turbine Corp
3.81
0.01
2417938
0.26%
BBDS
Better Biodiesel Inc
0.60
0.00
0
0.00%
BIOF
Biofuel Energy Corp
4.42
0.23
14346
5.49%
BFRE
Bluefire Ethanol Fuels Inc
3.80
0.05
4400
1.33%
BSRC
Biosolar Inc
0.44
-0.01
110579
-2.22%
DSTI
Daystar Technologies Inc
3.96
0.06
97149
1.54%
DLSL
Deli Solar Usa Inc
3.05
0.00
0
0.00%
DYMTF
Dynamotive Energy Sys Corp
0.46
-0.00
143950
-0.54%
EBOF
Earth Biofuels Inc
0.04
0.01
2985165
26.67%
ENEI
Ener1 Inc
1.05
0.00
0
0.00%
ENA
Enova Systems Inc Com New
4.45
0.20
29650
4.71%
GRSR
Girasolar Inc
0.08
0.00
0
0.00%
GRGR
Green Energy Resources Inc
0.14
0.00
272
0.00%
HOKU
Hoku Scientific Inc
7.76
0.15
147139
1.97%
HYBT
Hybrid Technologies Inc
0.56
0.00
0
0.00%
HYDG
HydroGen Corporation Comm
0.45
-0.04
107176
-9.14%
HYEG
Hydrogen Engine Ctr Inc
0.48
0.00
0
0.00%
ICPR
Icp Solar Technologies Inc
0.69
-0.01
45295
-0.71%
IESV
Intrepid Technolog & Res Inc Cap Stk
0.01
0.00
0
0.00%
MCEL
Millennium Cell Inc
0.05
0.00
0
0.00%
NWGN
Newgen Technologies Inc
0.00
0.00
150000
100.00%
NGLPF
Nevada Geothermal Power Inc
1.04
-0.04
103301
-4.06%
OEGY
Open Energy Corp
0.29
-0.01
34284
-3.33%
OTD
02diesel Corp
0.18
0.00
0
0.00%
PLUG
Plug Power Inc
3.10
0.01
114496
0.16%
STHK
Startech Environmental Corp
1.01
-0.04
25941
-3.81%
EQST
Energy Quest Inc
1.20
0.00
0
0.00%
WWEN
W2 Energy Inc
0.00
0.00
0
0.00%
WWEI
Welwind Energy International, Inc.
0.06
-0.01
301000
-7.69%
WWAT
Worldwater & Power Corp Com New
0.75
-0.01
687913
-0.66%
XSNX
Xsunx Inc
0.43
0.00
316750
0.23%
Small Cap Alt. Energy Index Components
http://www.ludlowenergy.com/indices/historic/smallcap.html
ASTIZ
Ascent Solar Technologies In Wt B Ex 071011
7.08
0.22
19840
3.21%
ABAT
Advanced Battery Technolog I
4.00
0.04
70268
1.01%
AENS
Alternative Energy Sources I Com New
0.06
0.00
14346
0.00%
AKNS
Akeena Solar Inc De
6.64
0.20
717301
3.11%
ARSC
American Sec Res Corp
0.04
0.00
1384605
10.83%
CSKH
Clear Skies Solar, Inc.
1.09
0.02
24420
1.87%
CETH
Convergence Ethanol Inc
0.00
0.00
0
0.00%
CPST
Capstone Turbine Corp
3.81
0.01
2417938
0.26%
BBDS
Better Biodiesel Inc
0.60
0.00
0
0.00%
BIOF
Biofuel Energy Corp
4.42
0.23
14346
5.49%
BFRE
Bluefire Ethanol Fuels Inc
3.80
0.05
4400
1.33%
BSRC
Biosolar Inc
0.44
-0.01
110579
-2.22%
DSTI
Daystar Technologies Inc
3.96
0.06
97149
1.54%
DLSL
Deli Solar Usa Inc
3.05
0.00
0
0.00%
DYMTF
Dynamotive Energy Sys Corp
0.46
-0.00
143950
-0.54%
EBOF
Earth Biofuels Inc
0.04
0.01
2985165
26.67%
ENEI
Ener1 Inc
1.05
0.00
0
0.00%
ENA
Enova Systems Inc Com New
4.45
0.20
29650
4.71%
GRSR
Girasolar Inc
0.08
0.00
0
0.00%
GRGR
Green Energy Resources Inc
0.14
0.00
272
0.00%
HOKU
Hoku Scientific Inc
7.76
0.15
147139
1.97%
HYBT
Hybrid Technologies Inc
0.56
0.00
0
0.00%
HYDG
HydroGen Corporation Comm
0.45
-0.04
107176
-9.14%
HYEG
Hydrogen Engine Ctr Inc
0.48
0.00
0
0.00%
ICPR
Icp Solar Technologies Inc
0.69
-0.01
45295
-0.71%
IESV
Intrepid Technolog & Res Inc Cap Stk
0.01
0.00
0
0.00%
MCEL
Millennium Cell Inc
0.05
0.00
0
0.00%
NWGN
Newgen Technologies Inc
0.00
0.00
150000
100.00%
NGLPF
Nevada Geothermal Power Inc
1.04
-0.04
103301
-4.06%
OEGY
Open Energy Corp
0.29
-0.01
34284
-3.33%
OTD
02diesel Corp
0.18
0.00
0
0.00%
PLUG
Plug Power Inc
3.10
0.01
114496
0.16%
STHK
Startech Environmental Corp
1.01
-0.04
25941
-3.81%
EQST
Energy Quest Inc
1.20
0.00
0
0.00%
WWEN
W2 Energy Inc
0.00
0.00
0
0.00%
WWEI
Welwind Energy International, Inc.
0.06
-0.01
301000
-7.69%
WWAT
Worldwater & Power Corp Com New
0.75
-0.01
687913
-0.66%
XSNX
Xsunx Inc
0.43
0.00
316750
0.23%
Thursday, May 29, 2008
Cramers Mad Money Wind Index
Cramers mad about wind stocks...
The year of solar may be followed by the year of wind stocks
He has created his own wind Index- a basket of 11 stocks
more info -http://www.cnbc.com/id/24857848
stocks in his index- Trinity (TRN) Otter Tail (OTTR) Owens- Corning (OC)
Woodward Governor (WGOV) Mastec(MTZ) Thomas &Betts (TNB) Kaydon (KDN)
Ameron (AMN) Vestas (VWDRY) Broadwind Energy (OTCBB:BWEN) Clipper Wind Power
(CRPWF) (CWP.L)
also check out our renewable energy stocks directory including wind at -
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
The year of solar may be followed by the year of wind stocks
He has created his own wind Index- a basket of 11 stocks
more info -http://www.cnbc.com/id/24857848
stocks in his index- Trinity (TRN) Otter Tail (OTTR) Owens- Corning (OC)
Woodward Governor (WGOV) Mastec(MTZ) Thomas &Betts (TNB) Kaydon (KDN)
Ameron (AMN) Vestas (VWDRY) Broadwind Energy (OTCBB:BWEN) Clipper Wind Power
(CRPWF) (CWP.L)
also check out our renewable energy stocks directory including wind at -
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
California to Give $1,000 Electric Car Rebates for ZAP Xebra Sedan and Truck
California to Give $1,000 Electric Car Rebates for ZAP Xebra Sedan and Truck
SACRAMENTO, CA., May 29, 2008 - The California Air Resources Board is offering a $1,000 rebate towards the purchase of a Xebra electric car and truck from ZAP (OTCBB: ZAAP).
Both the Xebra electric city car and pickup have passed a full battery of testing and approval requirements by the California Air Resources Board and have been officially approved for the $1,000 cash rebates. To receive a rebate, vehicles must be ARB qualified and pass a range and speed course as well as comply with all federal motor vehicle safety standards, and meet a minimum manufacturer warranty.
"This program alone is enough incentive to stimulate Xebra sales to a whole new level," said ZAP CEO Steve Schneider. "Similar programs in electric car programs in Oregon have helped contribute to the sale of more Xebras. Being the 8th largest economy in the world, this program will be well received by our dealers and Californians."
ZAP says right now many drivers are filling up their gas tank for about $60 dollars, but a Xebra can recharge for as little as 60 cents. Schneider noted that the rebate should cover over 30,000 miles of driving assuming electricity costs of three cents per mile. That could mean several years of not having to pay for fuel.
Schneider says that ZAP has delivered over 700 units of the Xebra as of April. Surging gas prices have sparked an increase in orders from consumers and dealers. ZAP reported a backlog of $6.8 million in Xebra orders, more than sales for all of 2007.
The program is part of $25 million in overall funding that came out of Assembly Bill 1811 -- authored by Speaker Fabian Nunez (D-Los Angeles) and passed in 2007 -- which promotes alternative fuel infrastructure and vehicles. The rebates are available for qualifying vehicles that are purchased until March 31, 2009, or until the funding of the grant runs out.
The design for the Xebra is unique in the auto industry, an affordable all-electric vehicle for city-speed driving up to 40 MPH. Both the sedan and pickup have practical features; the sedan is a four-door with room for four and the truck has a dump bed that can transform into a flatbed. Both were designed in response to skyrocketing gas prices, and work with economical city commuting, small businesses, corporate and government fleets.
The Air Resources Board is a department of the California Environmental Protection Agency. ARB's mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. The ARB oversees all air pollution control efforts in California to attain and maintain health based air quality standards.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=768654
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:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
SACRAMENTO, CA., May 29, 2008 - The California Air Resources Board is offering a $1,000 rebate towards the purchase of a Xebra electric car and truck from ZAP (OTCBB: ZAAP).
Both the Xebra electric city car and pickup have passed a full battery of testing and approval requirements by the California Air Resources Board and have been officially approved for the $1,000 cash rebates. To receive a rebate, vehicles must be ARB qualified and pass a range and speed course as well as comply with all federal motor vehicle safety standards, and meet a minimum manufacturer warranty.
"This program alone is enough incentive to stimulate Xebra sales to a whole new level," said ZAP CEO Steve Schneider. "Similar programs in electric car programs in Oregon have helped contribute to the sale of more Xebras. Being the 8th largest economy in the world, this program will be well received by our dealers and Californians."
ZAP says right now many drivers are filling up their gas tank for about $60 dollars, but a Xebra can recharge for as little as 60 cents. Schneider noted that the rebate should cover over 30,000 miles of driving assuming electricity costs of three cents per mile. That could mean several years of not having to pay for fuel.
Schneider says that ZAP has delivered over 700 units of the Xebra as of April. Surging gas prices have sparked an increase in orders from consumers and dealers. ZAP reported a backlog of $6.8 million in Xebra orders, more than sales for all of 2007.
The program is part of $25 million in overall funding that came out of Assembly Bill 1811 -- authored by Speaker Fabian Nunez (D-Los Angeles) and passed in 2007 -- which promotes alternative fuel infrastructure and vehicles. The rebates are available for qualifying vehicles that are purchased until March 31, 2009, or until the funding of the grant runs out.
The design for the Xebra is unique in the auto industry, an affordable all-electric vehicle for city-speed driving up to 40 MPH. Both the sedan and pickup have practical features; the sedan is a four-door with room for four and the truck has a dump bed that can transform into a flatbed. Both were designed in response to skyrocketing gas prices, and work with economical city commuting, small businesses, corporate and government fleets.
The Air Resources Board is a department of the California Environmental Protection Agency. ARB's mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. The ARB oversees all air pollution control efforts in California to attain and maintain health based air quality standards.
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=768654
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:
Alex Campbell
ZAP
707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
Tuesday, May 27, 2008
Electric Car Firm ZAP Names New Chairman, Mr. Eqbal Al Yousuf of Dubai
Electric Car Firm ZAP Names New Chairman, Mr. Eqbal Al Yousuf of Dubai
SANTA ROSA, Calif. & DUBAI, United Arab Emirates--May 27 2008 --Electric car pioneer ZAP (OTCBB: ZAAP.OB) today named Mr. Eqbal Al Yousuf Chairman of the 13-year public Company. The effective date of his appointment will be June 2, the day of the next scheduled meeting for the board of directors.
Mr. Eqbal Al Yousuf is President of Dubai's Al Yousuf Group. He was appointed as the President of Al Yousuf Group in 2005. The Al Yousuf Group is a company that over the past 55 years has grown into a leading business conglomerate with operations ranging from Motor Vehicles, Boat Manufacturing, Auto Rental, Real Estate Development, Home Electrical Appliances, Computer Operating Systems, Electronics, Transportation and more. The Al Yousuf Group has proved to be one of the most reputed business groups in the UAE and is now working to become ISO certified in accordance with international standards of quality.
Chairman Emeritus and founder Gary Starr will continue his role with the Company and will remain on its board of directors. Starr co-founded the Company in 1994 and has been instrumental in its overall business development, R&D and product development.
"I feel the timing is right for this," said Starr, a 34-year veteran in electric transportation. "Mr. Eqbal told me that the most important technologies to invest in for the future were electric transportation and water purification. His vision and business experience are welcome just as ZAP begins its next growth phase."
Mr. Al Yousuf has been taking a greater interest in ZAP over the past year. In November, the Al Yousuf Group purchased US$5 million worth of ZAP shares. In December, he also joined ZAP's Board of Directors.
"My staff and I have researched the EV industry and have concluded that ZAP is one of the only pure-play public companies with viable electric vehicles in the marketplace at a time of record gas prices," said Mr. Al Yousuf. "I intend to use all my relationships and resources to ensure the Company will be successful and grow."
"Mr. Al Yousuf is a strong believer in alternative energy and conservation and really wants to make the world a better place," said ZAP CEO Steve Schneider. "He is taking a much stronger interest in the direction of the Company to ensure its ability to deliver vehicles on a global basis. With his relationships throughout the world, Mr. Al Yousuf believes he can make this dream become a reality."
Mr. Al Yousuf is actively involved with numerous social and environmental causes, both at a personal and business level. Mr. Al Yousuf has two Bachelors Degree, one in Computer Science and the other in Economics. He graduated from the University of Minnesota in May 1983. After he graduated he joined his father’s firm as Managing Director and in 1988 he was appointed as Deputy Chairman, Vice Chairman in 2001, and Chief Executive Officer in 2004. Eqbal Al Yousuf is married with four children and his interests include reading, travel and sea sports.
The Al Yousuf Group is involved in a multitude of industries under various subsidiaries. Al Yousuf Group has 18 subsidiaries with branch offices in Abu Dhabi, Al Ain, Cairo, Fujairah, Jeddah, Ras Al Khaimah, Riyadh, and Sharjah, according to The Middle East information resource Zawya (http://zawya.com/cm/profile.cfm/cid489977/).
Al-Yousuf Motors, a member of the Al-Yousuf family, is one of the leading distributors of automobiles and automotive related equipment in the Middle East. The Al Yousuf Group has developed partnerships with many of the world's renowned brand names in Asia, Europe and the USA. A number of these ventures have grown into long-term business relationships. Al Yousuf Motors' portfolio includes Daihatsu vehicles, Daewoo buses, Suzuki motorcycles and outboard engines, Yamaha motorcycles, outboard and marine engines, water vehicles, generators, boats etc.
More about Al Yousuf http://www.zapworld.com/al-yousuf-med.html
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
Vist the Renewable Energy Stocks Media showcase :
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
ZAPAlex Campbell, 707-525-8658 x 241acampbell@zapworld.com
SANTA ROSA, Calif. & DUBAI, United Arab Emirates--May 27 2008 --Electric car pioneer ZAP (OTCBB: ZAAP.OB) today named Mr. Eqbal Al Yousuf Chairman of the 13-year public Company. The effective date of his appointment will be June 2, the day of the next scheduled meeting for the board of directors.
Mr. Eqbal Al Yousuf is President of Dubai's Al Yousuf Group. He was appointed as the President of Al Yousuf Group in 2005. The Al Yousuf Group is a company that over the past 55 years has grown into a leading business conglomerate with operations ranging from Motor Vehicles, Boat Manufacturing, Auto Rental, Real Estate Development, Home Electrical Appliances, Computer Operating Systems, Electronics, Transportation and more. The Al Yousuf Group has proved to be one of the most reputed business groups in the UAE and is now working to become ISO certified in accordance with international standards of quality.
Chairman Emeritus and founder Gary Starr will continue his role with the Company and will remain on its board of directors. Starr co-founded the Company in 1994 and has been instrumental in its overall business development, R&D and product development.
"I feel the timing is right for this," said Starr, a 34-year veteran in electric transportation. "Mr. Eqbal told me that the most important technologies to invest in for the future were electric transportation and water purification. His vision and business experience are welcome just as ZAP begins its next growth phase."
Mr. Al Yousuf has been taking a greater interest in ZAP over the past year. In November, the Al Yousuf Group purchased US$5 million worth of ZAP shares. In December, he also joined ZAP's Board of Directors.
"My staff and I have researched the EV industry and have concluded that ZAP is one of the only pure-play public companies with viable electric vehicles in the marketplace at a time of record gas prices," said Mr. Al Yousuf. "I intend to use all my relationships and resources to ensure the Company will be successful and grow."
"Mr. Al Yousuf is a strong believer in alternative energy and conservation and really wants to make the world a better place," said ZAP CEO Steve Schneider. "He is taking a much stronger interest in the direction of the Company to ensure its ability to deliver vehicles on a global basis. With his relationships throughout the world, Mr. Al Yousuf believes he can make this dream become a reality."
Mr. Al Yousuf is actively involved with numerous social and environmental causes, both at a personal and business level. Mr. Al Yousuf has two Bachelors Degree, one in Computer Science and the other in Economics. He graduated from the University of Minnesota in May 1983. After he graduated he joined his father’s firm as Managing Director and in 1988 he was appointed as Deputy Chairman, Vice Chairman in 2001, and Chief Executive Officer in 2004. Eqbal Al Yousuf is married with four children and his interests include reading, travel and sea sports.
The Al Yousuf Group is involved in a multitude of industries under various subsidiaries. Al Yousuf Group has 18 subsidiaries with branch offices in Abu Dhabi, Al Ain, Cairo, Fujairah, Jeddah, Ras Al Khaimah, Riyadh, and Sharjah, according to The Middle East information resource Zawya (http://zawya.com/cm/profile.cfm/cid489977/).
Al-Yousuf Motors, a member of the Al-Yousuf family, is one of the leading distributors of automobiles and automotive related equipment in the Middle East. The Al Yousuf Group has developed partnerships with many of the world's renowned brand names in Asia, Europe and the USA. A number of these ventures have grown into long-term business relationships. Al Yousuf Motors' portfolio includes Daihatsu vehicles, Daewoo buses, Suzuki motorcycles and outboard engines, Yamaha motorcycles, outboard and marine engines, water vehicles, generators, boats etc.
More about Al Yousuf http://www.zapworld.com/al-yousuf-med.html
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
Vist the Renewable Energy Stocks Media showcase :
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
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, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. 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.
ZAPAlex Campbell, 707-525-8658 x 241acampbell@zapworld.com
Subscribe to:
Posts (Atom)