Secretary Chu Announces Nearly $300 Million in Clean Cities Grants to Support Clean Fuels, Vehicles, and Infrastructure Development
Projects will create jobs, limit pollution, and reduce America’s dependence on foreign oil
WASHINGTON, DC – Energy Secretary Steven Chu today announced the selection of 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. These projects will speed the transformation of the nation’s vehicle fleet, putting more than 9,000 alternative fuel and energy efficient vehicles on the road, and establishing 542 refueling locations across the country. The Department of Energy also estimates they will help displace approximately 38 million gallons of petroleum per year.
“The Clean Cities program is helping give state and local governments the tools they need to build a greener transportation system that will create new jobs and help to put America on the path to a clean energy future,” said Secretary Chu. “Advancing the number of alternative fuel and advanced technology vehicles on the road will increase our energy security, decrease our dependence on oil, and reduce pollution across the country.”
Under the Recovery Act, the Clean Cities program will fund a range of energy efficient and advanced vehicle technologies, such as hybrids, electric vehicles, plug-in electric hybrids, hydraulic hybrids and compressed natural gas vehicles, helping reduce petroleum consumption across the U.S. In addition, funding will support refueling infrastructure for various alternative fuel vehicles, including biofuels and natural gas. Other efforts under the Clean Cities program include public education and training initiatives to further the program’s goal of reducing the national demand for petroleum.
The projects announced by Secretary Chu will support a combined total of more than 9,000 light, medium and heavy-duty vehicles and establish 542 refueling locations across the country. The vehicles and infrastructure being funded include the use of natural and renewable gas, propane, ethanol, biodiesel, electricity, and hybrid technologies. And with the cost share contributions from the recipients, every federal dollar spent will be matched by nearly two dollars from the project partners.
Last week, the Department of Energy also announced that it had selected 23 projects for up to $15 million in annual appropriations funding. Like the Recovery Act-funded projects, the annual Clean Cities projects include grants for vehicles, infrastructure, and education.
Clean Cities is a government-industry partnership that works to reduce America’s petroleum consumption in the transportation sector. Over the last 15 years, the Clean Cities program has established local coalitions across the country that promote the growth of alternative fuels and showcase the potential of advanced and energy efficient vehicles.
The projects announced today are selections for financial award. The final details and funding level of each project is subject to modification based on further contract negotiations between the selected entity and DOE.
Clean Cities Award Winners
View a map and complete list of award winners.
North Central Texas Council of Governments’ North Central Texas Alternative Fuel and Advanced Technology. The project will deploy refueling stations and alternative fuel vehicles in the Dallas-Fort Worth area. The project includes a portfolio of different technologies and fuels, including B20 (three stations), ethanol E85 (three stations), compressed natural gas (three stations and 97 vehicles), electricity (four recharging sites and 34 vehicles), and 251 hybrid electric vehicles. In addition to the city fleets, high mileage and high visibility fleets are included, such as Coca-Cola, Sysco, Frito Lay, school districts, and taxis. DOE estimates that this project will help displace approximately 1.3 million gallons of petroleum annually.Total DOE award: $13,181,171
South Coast Air Quality Management District’s UPS Ontario-Las Vegas LNG Corridor Expansion Project. The project will complete a long-planned regional liquid natural gas (LNG) fueling corridor across the southwestern U.S., making the final connection between the existing public access LNG fuel infrastructure in Southern California and the LNG fuel stations being developed in Utah. The project will provide a 700-mile LNG fueling corridor along one of the nation’s most heavily traveled truck routes for the movement of various goods. UPS will construct a publicly-accessible LNG fuel station off of Interstate 15 in Las Vegas and deploy 48 heavy-duty LNG vehicles in its interstate alternative fuel operations. The new LNG station will support these 48 trucks, an additional 161 LNG trucks in UPS’ fleet, and other LNG fleet operators in the region. DOE estimates that the 48 trucks alone will help displace approximately 1.25 million gallons of petroleum annually. Total DOE award: $5,591,611
South Coast Air Quality Management District’s (SCAQMD) Heavy-Duty Natural Gas Drayage Truck Replacement Initiative. The project will replace 180 diesel drayage trucks at the Ports of Los Angeles and Long Beach with LNG trucks. Additionally, workshops will be made available to truck operators and technicians working on LNG trucks. The final element of this application is an education/outreach component for alternative fueled vehicles that will be deployed by the Southern California Association of Governments Clean Cities Coalition and the SCAQMD. DOE estimates that the project will help displace an estimated 1.8 million gallons of petroleum annually. Total DOE award: $9,408,389
San Bernardino Associated Governments’ J.B. Hunt LNG Truck Project: Made in America Initiative. The project will deploy 262 heavy-duty LNG trucks in Southern California and construct two LNG refueling stations in San Bernardino and South Gate (South Los Angeles) to support J.B. Hunt’s initial LNG truck operations, and will allow the fleet to add additional LNG vehicles in the future. DOE estimates that the 262 LNG trucks will help displace more than 2.6 million gallons of petroleum annually.Total DOE award: $9,950,708
Maryland Energy Administration’s Maryland Hybrid Truck Goods Movement Initiative. The project will implement the largest collaborative hybrid truck project in the nation. The initiative will provide financial and technical assistance to many large fleets including: ARAMARK, Efficiency Enterprises, Nestle Water Company, Sysco, and UPS to purchase 150 hybrid electric vehicles. This initiative demonstrates and promote of the feasibility of alternative fuel sources, education and public outreach, and reduction of pollution/emissions. DOE estimates that the project is estimated to help displace 461,400 gallons of petroleum annually.Total DOE award: $5,924,190
New York State Energy Research and Development Authority (NYSERDA)’s Statewide Alternative Fuel Vehicle Program for CNG, LPG, EV, and HEV Vehicles and Fueling Stations Initiative. The project will utilize multiple alternative fuels and technologies in multiple sectors across the state. Alternative fuel and/or hybrid school buses, municipal vehicles, urban delivery, and utility vehicles will be deployed throughout the state. The fleets include two utility fleets, five cities and towns, three counties, ten private companies, two state fleets, ten school districts, and two universities. The vehicles will be deployed across the state. The accurate and reliable data collected from the use of these vehicles will provide NYSERDA and DOE insight on how these alternative technologies operate in diverse conditions. DOE estimates that the initiative will help displace 302,000 gallons of petroleum per year. Total DOE award: $13,299,101
Clean Fuels Ohio’s Ohio Advanced Transportation Partnership (OATP). The project will include the purchase and conversion of 283 alternative fuel vehicles for numerous fleets including taxis, cities, schools, and delivery vehicles. In addition to the alternative fuel vehicles, 15 alternative fueling and service stations will be constructed. The project will be supported with public education and outreach programs. DOE estimates that the project will help displace more than 875,000 gallons of petroleum annually.Total DOE award: $11,041,500
Utah Clean Cities Coalition’s Clean Cities Transportation Sector Petroleum Reduction Technologies Program. The initiative includes 16 new compressed natural gas (CNG) public fueling facilities, upgrades to 24 CNG public fueling facilities, three new liquid/compressed natural gas facilities, three new biodiesel public refueling stations, and increases the number of natural gas vehicles operating in Utah by 678. DOE estimates that this initiative will help displace 1.1 million gallons of petroleum annually.Total DOE award: $14,908,648
Clean Energy Coalition’s CEC Michigan Green Fleets Initiative. The project will increase the use of natural gas, electric and hybrid electric vehicles in 13 sites throughout Michigan. A total of 271 alternative fuel vehicles and 19 alternative fueling sites will be added throughout the state. Fleets include transportation authorities, cities, school districts, the University of Michigan, FedEx, and Meijer. DOE estimates that a wide variety of viable vehicles and technologies will help lead to the displacement of 1.3 million gallons of petroleum per year.Total DOE award: $14,970,144
Railroad Commission of Texas’ Texas Propane Fleet Pilot Program. The project will deploy 882 propane vehicles, including 245 propane school buses, 24 medium-duty propane trucks and vans, and 613 propane-fueled light-duty vehicles for 40 school districts and public agencies. To support the vehicles, 35 propane refueling stations will be constructed. The stations will allow the fleets to lower their costs by buying fuel in bulk, access federal motor fuel excise tax credits, refuel at the times most convenient to their schedules, and model successful use of propane to nearby peers. DOE estimates that these projects will help displace more than three million gallons of petroleum annually. Total DOE award: $12,633,080
City of Chicago, Department of Environment’s Chicago Area Alternative Fuels Deployment Project. The project will deploy 554 alternative fuel and hybrid electric vehicles and install 153 alternative fueling and electric vehicle charging stations throughout the Chicago region. The initiative also includes garbage trucks, also known as refuse collection vehicles. The project will result in expanded availability of alternative fuels with 17 new CNG and E85 fueling stations and 63 electric vehicle charging stations. DOE estimates that the project will help displace 3 million gallons of petroleum per year.Total DOE award: $14,999,658
Puget Sound Clean Air Agency’s Puget Sound Clean Cities Petroleum Reduction Project. The project will expand the use of alternative fuel and advanced vehicle technology to create a regional sustainable market for renewable alternative fuels with the lowest lifecycle emissions, such as biogas made from waste products and solar energy, to power electric vehicles; enhance the local economy; and elevate public awareness through innovative outreach campaigns designed to reach an unprecedented audience of over 30 million people per year. DOE estimates that the project will help displace three million gallons of petroleum per year.Total DOE award: $14,999,927
Texas State Technical College’s Development of a National Liquid Propane (Autogas) Refueling Network, Clean School Bus/Vehicle Incentive & Green Jobs Outreach Program. The project will result in the development of approximately 184 liquid propane Autogas refueling stations in the following major metropolitan areas: Atlanta, Chicago, Houston, Denver, Sacramento, Los Angeles, Dallas, Phoenix, Indianapolis, Seattle, Orlando, San Diego, St. Louis, San Antonio/Austin, and Oklahoma City as well as a refueling corridor along I-10 in Louisiana (New Orleans, Baton Rouge, Lake Charles). The initiative will also support the purchase of dedicated propane school buses and vehicles and, provide an innovative outreach program designed specifically to retrain and certify U.S. veterans and out of work or at risk service technicians for work in the alternative fuel and advanced vehicle technology industries. DOE estimates that the initiative will help displace more than 3 million gallons of petroleum annually.Total DOE award: $12,299,828
New Jersey Clean Cities Coalition’s New Jersey Compressed Natural Gas Refuse Trucks, Shuttle Buses and Infrastructure. The project will deploy 277 heavy-duty natural gas garbage trucks and shuttle buses and four new CNG fueling stations throughout Newark, Camden, Trenton, Atlantic City, and Egg Harbor Township. The initiative also includes projects to educate the public about the benefits of using clean burning, domestically produced natural gas in vehicles. DOE estimates that the project will help displace 1.8 million gallons of petroleum annually.Total DOE award: $14,997,240
Greater Long Island Clean Cities Coalition’s Long Island Regional Energy Collaborative Promoting a Green Economy through Clean Alternatives. The project will deploy five CNG stations and 87 heavy-duty trucks throughout Nassau and Suffolk counties. The alternative fuel stations will be accessible to the public and include the installation of five new compressed natural gas fueling stations. The proposed 87 alternative fuel vehicles include: 44 CNG refuse trucks, 40 heavy-duty CNG dump trucks, and three heavy-duty CNG trucks. DOE estimates that the project will help displace 351,000 gallons of petroleum annually.Total DOE award: $14,994,183
DeKalb County’s DeKalb County/Metropolitan Atlanta Alternative Fuel and Advanced Technology Vehicle Project. The project will convert local landfill gas (LFG), a renewable fuel source, to compressed natural gas and develop five CNG fueling stations throughout the metro-Atlanta area. The project also includes construction of a B20 station. Team partners will purchase a total of 191 commercially available light- to heavy-duty alternative-fuel and advanced-technology vehicles. DOE estimates that the project will help displace 490,000 gallons of petroleum annually.Total DOE award: $14,983,167
Virginia Department of Mines, Minerals and Energy’s Paving the Way with Propane: The AutoGas Corridor Development Program. The project is aimed at building the infrastructure to encourage public and private vehicle operators to convert existing vehicles from conventional gasoline to clean propane. The initiative includes 17 new propane fueling stations along high traffic roadways from Washington, D.C. to Florida to Mississippi to create the nation’s first propane corridor. DOE estimates that the initiative will help displace 3.9 million gallons of petroleum annually.Total DOE award: $8,605,100
State of Wisconsin’s Wisconsin Clean Transportation Program. The project will deploy 502 alternative fuel and advanced technology vehicles through 119 public and private fleets throughout the state. The program includes the installation of 10 alternative fuel refueling sites (two B20, one Electric Recharging, and seven CNG). DOE estimates that the initiative will help displace 1.6 million gallons of petroleum annually.Total DOE award: $15,000,000
Southern CA Assoc. of Governments Clean Cities Coalition’s Expanding California’s E85 Ethanol Fueling Infrastructure. The project will add 55 E85 fueling stations throughout California. The stations will be placed in the areas with the highest concentration of flex-fuel vehicles. DOE estimates that the initiative will help displace approximately 3.5 million gallons of petroleum annually.Total DOE award: $6,917,200
The Treasure Valley Clean Cities Coalition’s Idaho Petroleum Reduction Leadership Project. The project will replace 28 heavy-duty diesel refuse trucks with CNG trucks. A CNG fueling station will be constructed at 2 of the recipient’s, Allied Waste, locations. Allied Waste will conduct two outreach campaigns to encourage other fleet operators and the public to use CNG and other alternative fuel vehicles. DOE estimates that the initiative will help displace 255,000 gallons of petroleum annually.Total DOE award: $5,519,862
Metropolitan Energy Information Center’s Midwest Region Alternative Fuels Project. The project will include 27 alternative fuel stations (16 CNG, 7 B20/E85, one B20, three Electric Charging) and deploy 373 alternative fuel and advance technology vehicles (235 CNG, 58 HEV, two LPG, two EV). The stations will provide additional CNG fueling in cities and along the Interstate corridors that pass through Kansas City – East to West on I-70 and North to South on I-35. Additionally, an extensive public awareness program will expand the interest and adoption of alternative fuels and advanced vehicle technology in the Midwest region. DOE estimates that the initiative will help displace 548,000 gallons of petroleum.Total DOE award: $14,999,905
Greater New Haven Clean Cities Coalition, Inc.’s Connecticut Clean Cities Future Fuels Project. The project will deploy multiple fuels and technologies. Vehicles to be deployed include 163 CNG, the vast majority for high mileage taxis and 18 heavy-duty LNG refuse trucks. Infrastructure to be deployed includes three CNG stations, one combined B20/CNG/Electric station, one L/CNG station, one hydrogen station, and seven electric chargers. DOE estimates that the initiative will help displace 1.4 million gallons of petroleum annually.Total DOE award: $13,195,000
State of Indiana’s: Central Indiana Clean Cities Alliance Comprehensive Alternative Fuels Implementation Plan. The project will implement propane, compressed natural gas, and hybrid vehicles from light- to heavy-duty and includes infrastructure for CNG and E85 vehicles. The fleets involved include the state’s municipality fleets, Sysco Distribution, and others. This project incorporates more than 900 alternative fuel vehicles and 13 fueling sites. DOE estimates that the initiative will help displace one million gallons of petroleum annually.Total DOE award: $10,125,000
Kentucky Clean Fuels Coalition’s Hybrid Electric School Buses Provide New Horsepower for Kentucky. The project will replace 190 older diesel school buses with hybrid electric school buses to be used in school districts throughout Kentucky. The initiative also includes technical training programs and educational outreach. DOE estimates that the project will help displace 122,000 gallons of petroleum annually.Total DOE award: $12,980,000
Triangle J Council of Governments’ Carolinas Blue Skies & Green Jobs Initiative. The project will include vehicles and fueling infrastructure for electric, hybrid-electric, compressed natural gas, propane, E85, and biodiesel fuels and technologies to be deployed throughout North Carolina and South Carolina. The project includes 45 E85 and B20 stations, eight propane stations, and 132 electric vehicle recharging sites. New vehicles to be deployed include 55 CNG vehicles, 363 propane vehicles, 89 hybrid electric vehicles, and 56 neighborhood electric vehicles. DOE estimates that the initiative will help displace 724,000 gallons of petroleum annually.Total DOE award: $12,975,388
Media contact(s):(202) 586-4940
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
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 .
Thursday, August 27, 2009
Investor Ideas Changes Format on Marketplace, Making it easier to Sign –Up & Connect Entrepreneurs & Accredited Investors in Cleantech, Organics
Investor Ideas Changes Format on Marketplace, Making it easier to Sign –Up & Connect Entrepreneurs & Accredited Investors in Cleantech, Organics, Entertainment, Mining, Energy, Defense, Tech and More
Recent Companies added include Small Wind Turbine, Profitable Water Technology with Multiple Applications and a Sustainable Fashion Company Connecting Saving Wild- life with Fashion
POINT ROBERTS, Wash., Delta B.C., August 27, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on green and cleantech investing, has improved the sign- up format for accredited investors and companies seeking funding. Sectors covered included cleantech, organics, energy, entertainment & music, tech, defense and more.
Visit the Public Marketplace at Investorideas.com: http://www.investorideas.com/marketplace/
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Investors can then request business plans and more details and connect directly with each company. The Investor Ideas Marketplace facilitates meeting and connecting with the right match of opportunity and investor.
Approved companies seeking funding or partners can be added to the growing list of companies on the marketplace for review. Companies are required to have a prepared executive summary, business plan, financial projections, term sheets etc. for interested investors upon request.
Accredited Investor and Company Sign –up to the Marketplace:
Register and sign up to view the private access link or to have your company added:
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
Green Funding Directory:
Additionally Investor Ideas has updated the recently available Global Green Fund and Venture Capital Directory to enable green businesses and entrepreneurs to find potential funding sources.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
http://www.renewableenergystocks.com/Companies/RenewableEnergy/Funds-and-Venture-Capital-Investing.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 stocks within the renewable energy sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire.
Become an Investorideas.com Member- Research water stocks , renewable energy stocks and environment stocks in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Recent Companies added include Small Wind Turbine, Profitable Water Technology with Multiple Applications and a Sustainable Fashion Company Connecting Saving Wild- life with Fashion
POINT ROBERTS, Wash., Delta B.C., August 27, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on green and cleantech investing, has improved the sign- up format for accredited investors and companies seeking funding. Sectors covered included cleantech, organics, energy, entertainment & music, tech, defense and more.
Visit the Public Marketplace at Investorideas.com: http://www.investorideas.com/marketplace/
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Investors can then request business plans and more details and connect directly with each company. The Investor Ideas Marketplace facilitates meeting and connecting with the right match of opportunity and investor.
Approved companies seeking funding or partners can be added to the growing list of companies on the marketplace for review. Companies are required to have a prepared executive summary, business plan, financial projections, term sheets etc. for interested investors upon request.
Accredited Investor and Company Sign –up to the Marketplace:
Register and sign up to view the private access link or to have your company added:
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
Green Funding Directory:
Additionally Investor Ideas has updated the recently available Global Green Fund and Venture Capital Directory to enable green businesses and entrepreneurs to find potential funding sources.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
http://www.renewableenergystocks.com/Companies/RenewableEnergy/Funds-and-Venture-Capital-Investing.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 stocks within the renewable energy sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire.
Become an Investorideas.com Member- Research water stocks , renewable energy stocks and environment stocks in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Friday, August 21, 2009
Water Stocks Sector Close –Up on Water Stocks Following a Recent Survey Reporting Water Issues are the Top Environmental Concern Worldwide
Water Stocks Sector Close –Up on Water Stocks Following a Recent Survey Reporting Water Issues are the Top Environmental Concern Worldwide
POINT ROBERTS, WA and DELTA, BC –August 21, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks following a recent survey reporting water issues are the top environmental concern worldwide. Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector.
Water investors can also read recent interviews and gain insight from Perspectives on the Water Industry by Sector Expert Neil Berlant, Fund Manager of the PFW Water Fund : PFW Water A (PFWAX).
Report/news:
NEW GLOBAL PUBLIC OPINION SURVEY FINDS WATER ISSUES ARE THE TOP ENVIRONMENTAL CONCERN WORLDWIDE
Water pollution and shortage of fresh water emerge as most important water-related issues
STOCKHOLM – A comprehensive global public opinion survey on attitudes about fresh water sustainability, management and conservation finds that people around the world view water issues as the planet’s top environmental problem, greater than air pollution, depletion of natural resources, and loss of habitat and climate change.
The poll surveyed 1,000 people in each of 15 countries, and probed 500 in each of the following countries on specific questions: Canada, China, India, Mexico, Russia, the United Kingdom and the United States. The results were released today in Stockholm as part of World Water Week. The independent survey was commissioned by Circle of Blue, the Michigan-based international network of leading journalists, scientists and communicators focused on global water issues. Molson Coors Brewing Company (NYSE: TAP) supported the research, which was conducted by GlobeScan, a global survey research firm.
Full Story: http://www.investorideas.com/News/082009c.asp
According to Dave LeMoine, Vice President of Business Development, of Wescorp Energy Inc. (OTCBB: WSCE),
“The oil and gas industry knows of the term “Peak oil” as production increases, the new term may be “Peak water” let me explain more, it is well known that as fresh water becomes more scarce with global population growth, increasing standards of living in developing countries, and rapid industrialization, and global oil and gas producing companies licensing and consuming a higher degree of fresh water, the reuse of “produced water” is becoming more attractive to the oil and gas industry. Wescorp’s oil water separations technologies H20 Maxx can be the complement to helping producers reuse recycle their produced water. Our technology provides the producers with hydrocarbon free water, this water can play a significant role in providing this renewable resource to increase oil production through injection, or further treatment for other purposes, for example direct discharge in off shore production, recycling frac fluids.”
Water Stocks Sector close- up trading, at close of August 20, 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $20.07, up $ 0.21 (1.06%)
ITT Corporation (NYSE:ITT) closed at $49.51, up $ 0.08 (0.16%)
Middlesex Water Company (NasdaqGS: MSEX) closed at $49.51, up $ 0.08 (0.16%)
Nalco (NYSE:NLC) ended trading at $17.66, up $ 0.20 (1.15%)
Nephros Inc. (NEPH.OTCBB) closed down at $ 2.30, down $0.23 (9.09%), following a recent impressive run for water investors.
Northwest Pipe (NasdaqGS: NWPX) ended the day at $ 35.64, up $ 0.13 (0.37%)
Pentair, Inc. (NYSE: PNR) closed trading at$27.24, up $ 0.01 (0.04%)
Watts Water Technologies, Inc. (NYSE: WTS ) ended at $28.33, up $ 0.63 (2.27%)
Wescorp Energy Inc. (OTCBB: WSCE ) ended trading at $0.295, up 0.01 (3.51%)
PFW Water Fund (PFWAX) traded up at 23.41, up 0.30 (1.30%)
Investors can also Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Listen to the Investing in Water Podcast to gain additional insight: http://www.investorideas.com/Podcasts/water.xml
Visit the Marketplace to research water opportunities for business and investors: water companies seeking funding and water investors seeking new investment opportunities
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC –August 21, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks following a recent survey reporting water issues are the top environmental concern worldwide. Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector.
Water investors can also read recent interviews and gain insight from Perspectives on the Water Industry by Sector Expert Neil Berlant, Fund Manager of the PFW Water Fund : PFW Water A (PFWAX).
Report/news:
NEW GLOBAL PUBLIC OPINION SURVEY FINDS WATER ISSUES ARE THE TOP ENVIRONMENTAL CONCERN WORLDWIDE
Water pollution and shortage of fresh water emerge as most important water-related issues
STOCKHOLM – A comprehensive global public opinion survey on attitudes about fresh water sustainability, management and conservation finds that people around the world view water issues as the planet’s top environmental problem, greater than air pollution, depletion of natural resources, and loss of habitat and climate change.
The poll surveyed 1,000 people in each of 15 countries, and probed 500 in each of the following countries on specific questions: Canada, China, India, Mexico, Russia, the United Kingdom and the United States. The results were released today in Stockholm as part of World Water Week. The independent survey was commissioned by Circle of Blue, the Michigan-based international network of leading journalists, scientists and communicators focused on global water issues. Molson Coors Brewing Company (NYSE: TAP) supported the research, which was conducted by GlobeScan, a global survey research firm.
Full Story: http://www.investorideas.com/News/082009c.asp
According to Dave LeMoine, Vice President of Business Development, of Wescorp Energy Inc. (OTCBB: WSCE),
“The oil and gas industry knows of the term “Peak oil” as production increases, the new term may be “Peak water” let me explain more, it is well known that as fresh water becomes more scarce with global population growth, increasing standards of living in developing countries, and rapid industrialization, and global oil and gas producing companies licensing and consuming a higher degree of fresh water, the reuse of “produced water” is becoming more attractive to the oil and gas industry. Wescorp’s oil water separations technologies H20 Maxx can be the complement to helping producers reuse recycle their produced water. Our technology provides the producers with hydrocarbon free water, this water can play a significant role in providing this renewable resource to increase oil production through injection, or further treatment for other purposes, for example direct discharge in off shore production, recycling frac fluids.”
Water Stocks Sector close- up trading, at close of August 20, 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $20.07, up $ 0.21 (1.06%)
ITT Corporation (NYSE:ITT) closed at $49.51, up $ 0.08 (0.16%)
Middlesex Water Company (NasdaqGS: MSEX) closed at $49.51, up $ 0.08 (0.16%)
Nalco (NYSE:NLC) ended trading at $17.66, up $ 0.20 (1.15%)
Nephros Inc. (NEPH.OTCBB) closed down at $ 2.30, down $0.23 (9.09%), following a recent impressive run for water investors.
Northwest Pipe (NasdaqGS: NWPX) ended the day at $ 35.64, up $ 0.13 (0.37%)
Pentair, Inc. (NYSE: PNR) closed trading at$27.24, up $ 0.01 (0.04%)
Watts Water Technologies, Inc. (NYSE: WTS ) ended at $28.33, up $ 0.63 (2.27%)
Wescorp Energy Inc. (OTCBB: WSCE ) ended trading at $0.295, up 0.01 (3.51%)
PFW Water Fund (PFWAX) traded up at 23.41, up 0.30 (1.30%)
Investors can also Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Listen to the Investing in Water Podcast to gain additional insight: http://www.investorideas.com/Podcasts/water.xml
Visit the Marketplace to research water opportunities for business and investors: water companies seeking funding and water investors seeking new investment opportunities
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Tuesday, August 11, 2009
Water Stocks Sector Close –Up; Market Opportunity for Remediating Oil-Contaminated Water
Water Stocks Sector Close –Up; Market Opportunity for Remediating Oil-Contaminated Water
POINT ROBERTS, WA and DELTA, BC –August 11, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks by Lisa Springer CFA, Equity research analyst, on the market opportunity for remediating oil- contaminated water.
Market Opportunity Remediating Oil-Contaminated Water
Lisa Springer CFA, Equity research analyst and financial writer
Stocks Covered:
Cameron Intl Corp (NYSE:CAM), Nalco (NYSE:NLC), National Oilwell Varco (NYSE:NOV), Veolia (NYSE:VE), Wescorp Energy (OTCBB: WSCE), Weatherford International (NYSE:WFT)
Although oil spills capture headlines, a greater environmental challenge for the oil and gas industry is remediating water polluted in their production operations. Water that comes up with the production of oil and gas is called “produced water.’” Produced water is tainted with hydrocarbon solids, sand, drill cuttings and salts. Oil companies spend an estimated $50 billion every year remediating and/or disposing of produced water to comply with local, state, provincial and federal environmental laws.
The volume of produced water worldwide is estimated at tens of billions of barrels each year. On average, every barrel of oil produced results in three barrels of produced water. That equates to managing or disposing of more than 250 million barrels of produced water each and every day. The hydrocarbons trapped in produced water are, not only an environmental hazard, but also a source of lost revenues. Data indicates that, on average, nine tons of oil is released via produced water for every million tons of hydrocarbons produced.
Disposal costs for produced water add to already high energy bills. These costs typically include trucking, pre-treatment, injection and desalination, and can run as high as $15 per barrel. Disposing of the hydrocarbon solids that remain after the water is treated is even costlier, estimated at nearly $72 per barrel.
Remediation costs for produced water are likely to continue to rise because regulators are pressing for more stringent environmental laws. Penalties for non-compliance are severe; for example, Suncor was recently fined $850,000 for an environmental violation. Costs are also increasing because oil companies are producing more oil to meet the world’s insatiable appetite for energy. Producers are stimulating production from older wells through re-fracturing, a process requiring massive amounts of fresh water, and tapping unconventional oil field plays such as the Alberta Oil Sands and the Barnett Shale. Canadian producers are already consuming over 540 million barrels of fresh water in Alberta Oil Sands operations, resulting in paying water clean up and disposal costs exceeding $100 million annually. Despite the fact that globally fresh water is becoming a scarce commodity, more water is being used, leading to demands that producers reduce water consumption. The problem is that today’s unconventional oil productions require more water than ever – as many as 20 barrels of water for every barrel of oil produced.
The management of produced water is a large market and several companies are marketing technologies for cleaning produced water. The Petreco Wemco division of Cameron (NYSE:CAM) markets a heat treatment technology that separates hydrocarbons from water. National Oilwell Varco (NYSE:NOV) manufactures and sells equipment that mechanically removes suspended solids from produced water. Nalco (NYSE:NLC) offers an aeration technology called Induced Gas Flotation that removes suspended particles from water. Privately-held Welco Expediting and Process Group market centrifuging technologies for cleaning produced water. The GE Zeon segment of General Electric (NYSE:GE), Siemens Water Technology and Veolia (NYSE:VE) offer treatment methods based on filtering membranes. Although all of the above-mentioned methods remove some of the pollutants, most single technologies leave behind residential oil content ranging from 500 to 50,000 parts per million in the water. Having residual hydrocarbon in their produced water has a major impact on producers’ operating expenses.
Wescorp Energy (OTCBB:WSCE) recently began marketing a novel remediation technology called H20Maxx, which the company claims offers a safer, more effective and economical process for cleaning and separating oil and solids from produced water. H20Maxx employs a patented aeration technology that creates microscopic nitrogen bubbles several orders of magnitude smaller than conventional methods. These bubbles attach to oil droplets and break the oil/water interface, allowing oil to be separated. Third party laboratory tests have shown that H20Maxx reduces oil content in produced water to less than 10 parts per million. Because H20Maxx-treated water is more hydro carbon-free, it dramatically reduces both operating costs and water consumption and also provides the producer with a resalable oil stream. For producers operating in areas where water is in short supply such as the Barnett Shale and Alberta Oil Sands, the ability to re-cycle water is a major advantage.
Oil and gas producers recognize the benefits of H20Maxx and have begun using Wescorp’s technology. Last December, Wescorp received 3rd party verification of the H20Maxx’s efficiency and scalability, which led to the signing of a letter of intent with Weatherford International (NYSE:WFT).Weatherford is one of the world’s largest energy services providers, with operations in more than 100 countries and annual revenues of nearly $10 billion.
In 2009, Wescorp has made significant progress deploying its technology. The company shipped its first H20Maxx unit to an oil/gas operator in Kansas in May. The unit began operating in July, providing remediation services for one conventional oil well, and is performing well. The oil company in Kansas has now ordered a second unit. H20Maxx units are leased on a day lease rate with a 2,000 barrels/day unit leasing for approximately $1,500/day. In June, Wescorp announced the leasing of an H20Maxx unit to Western Canadian Oil Sands, which plans to deploy the unit at its Athabasca Oil Sands operations in Northern Alberta. In late July, Wescorp announced a 50/50 joint venture with Cancen Oil Canada Corporation to initially install a combined 12 H20Maxx water units and HXCT solids units over the next 12 months at Cancen’s facilities. The joint venture will then build additional units to provide onsite remediation to oil and gas producers in western Canada. Cancen will fund, operate and manage the joint venture, as well as fund construction and deployment costs of the units.
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Research global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Subscribe to Investing in Water Podcast RSS Feed
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers: 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
Web Site: www.InvestorIdeas.com www.water-stocks.comSource: Water-Stocks.com, Investorideas.com, Wescorp Energy
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC –August 11, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks by Lisa Springer CFA, Equity research analyst, on the market opportunity for remediating oil- contaminated water.
Market Opportunity Remediating Oil-Contaminated Water
Lisa Springer CFA, Equity research analyst and financial writer
Stocks Covered:
Cameron Intl Corp (NYSE:CAM), Nalco (NYSE:NLC), National Oilwell Varco (NYSE:NOV), Veolia (NYSE:VE), Wescorp Energy (OTCBB: WSCE), Weatherford International (NYSE:WFT)
Although oil spills capture headlines, a greater environmental challenge for the oil and gas industry is remediating water polluted in their production operations. Water that comes up with the production of oil and gas is called “produced water.’” Produced water is tainted with hydrocarbon solids, sand, drill cuttings and salts. Oil companies spend an estimated $50 billion every year remediating and/or disposing of produced water to comply with local, state, provincial and federal environmental laws.
The volume of produced water worldwide is estimated at tens of billions of barrels each year. On average, every barrel of oil produced results in three barrels of produced water. That equates to managing or disposing of more than 250 million barrels of produced water each and every day. The hydrocarbons trapped in produced water are, not only an environmental hazard, but also a source of lost revenues. Data indicates that, on average, nine tons of oil is released via produced water for every million tons of hydrocarbons produced.
Disposal costs for produced water add to already high energy bills. These costs typically include trucking, pre-treatment, injection and desalination, and can run as high as $15 per barrel. Disposing of the hydrocarbon solids that remain after the water is treated is even costlier, estimated at nearly $72 per barrel.
Remediation costs for produced water are likely to continue to rise because regulators are pressing for more stringent environmental laws. Penalties for non-compliance are severe; for example, Suncor was recently fined $850,000 for an environmental violation. Costs are also increasing because oil companies are producing more oil to meet the world’s insatiable appetite for energy. Producers are stimulating production from older wells through re-fracturing, a process requiring massive amounts of fresh water, and tapping unconventional oil field plays such as the Alberta Oil Sands and the Barnett Shale. Canadian producers are already consuming over 540 million barrels of fresh water in Alberta Oil Sands operations, resulting in paying water clean up and disposal costs exceeding $100 million annually. Despite the fact that globally fresh water is becoming a scarce commodity, more water is being used, leading to demands that producers reduce water consumption. The problem is that today’s unconventional oil productions require more water than ever – as many as 20 barrels of water for every barrel of oil produced.
The management of produced water is a large market and several companies are marketing technologies for cleaning produced water. The Petreco Wemco division of Cameron (NYSE:CAM) markets a heat treatment technology that separates hydrocarbons from water. National Oilwell Varco (NYSE:NOV) manufactures and sells equipment that mechanically removes suspended solids from produced water. Nalco (NYSE:NLC) offers an aeration technology called Induced Gas Flotation that removes suspended particles from water. Privately-held Welco Expediting and Process Group market centrifuging technologies for cleaning produced water. The GE Zeon segment of General Electric (NYSE:GE), Siemens Water Technology and Veolia (NYSE:VE) offer treatment methods based on filtering membranes. Although all of the above-mentioned methods remove some of the pollutants, most single technologies leave behind residential oil content ranging from 500 to 50,000 parts per million in the water. Having residual hydrocarbon in their produced water has a major impact on producers’ operating expenses.
Wescorp Energy (OTCBB:WSCE) recently began marketing a novel remediation technology called H20Maxx, which the company claims offers a safer, more effective and economical process for cleaning and separating oil and solids from produced water. H20Maxx employs a patented aeration technology that creates microscopic nitrogen bubbles several orders of magnitude smaller than conventional methods. These bubbles attach to oil droplets and break the oil/water interface, allowing oil to be separated. Third party laboratory tests have shown that H20Maxx reduces oil content in produced water to less than 10 parts per million. Because H20Maxx-treated water is more hydro carbon-free, it dramatically reduces both operating costs and water consumption and also provides the producer with a resalable oil stream. For producers operating in areas where water is in short supply such as the Barnett Shale and Alberta Oil Sands, the ability to re-cycle water is a major advantage.
Oil and gas producers recognize the benefits of H20Maxx and have begun using Wescorp’s technology. Last December, Wescorp received 3rd party verification of the H20Maxx’s efficiency and scalability, which led to the signing of a letter of intent with Weatherford International (NYSE:WFT).Weatherford is one of the world’s largest energy services providers, with operations in more than 100 countries and annual revenues of nearly $10 billion.
In 2009, Wescorp has made significant progress deploying its technology. The company shipped its first H20Maxx unit to an oil/gas operator in Kansas in May. The unit began operating in July, providing remediation services for one conventional oil well, and is performing well. The oil company in Kansas has now ordered a second unit. H20Maxx units are leased on a day lease rate with a 2,000 barrels/day unit leasing for approximately $1,500/day. In June, Wescorp announced the leasing of an H20Maxx unit to Western Canadian Oil Sands, which plans to deploy the unit at its Athabasca Oil Sands operations in Northern Alberta. In late July, Wescorp announced a 50/50 joint venture with Cancen Oil Canada Corporation to initially install a combined 12 H20Maxx water units and HXCT solids units over the next 12 months at Cancen’s facilities. The joint venture will then build additional units to provide onsite remediation to oil and gas producers in western Canada. Cancen will fund, operate and manage the joint venture, as well as fund construction and deployment costs of the units.
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Research global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Subscribe to Investing in Water Podcast RSS Feed
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers: 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
Web Site: www.InvestorIdeas.com www.water-stocks.comSource: Water-Stocks.com, Investorideas.com, Wescorp Energy
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Thursday, August 06, 2009
President Obama Announces $2.4 Billion in Grants to Accelerate the Manufacturing and Deployment of Next Generation of U.S. Batteries and Electric Cars
President Obama Announces $2.4 Billion in Grants to Accelerate the Manufacturing and Deployment of the Next Generation of U.S. Batteries and Electric Vehicles
Recovery Act will fund 48 new advanced battery and electric drive components manufacturing and electric drive vehicle deployment projects in over 20 states
Elkhart, Indiana - Further accelerating the manufacturing and deployment of electric vehicles, batteries, and components here in America, and creating tens of thousands of new jobs, President Obama today announced 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act. These projects, selected through a highly competitive process by the Department of Energy, will accelerate the development of U.S. manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles, helping to establish American leadership in creating the next generation of advanced vehicles.
"If we want to reduce our dependence on oil, put Americans back to work and reassert our manufacturing sector as one of the greatest in the world, we must produce the advanced, efficient vehicles of the future," said President Obama.
"For our nation and our economy to recover, we must have a vision for what can be built here in the future - and then we need to invest in that vision," said Vice President Biden. "That's what we're doing today and that's what this Recovery Act is about."
“These are incredibly effective investments that will come back to us many times over – by creating jobs, reducing our dependence on foreign oil, cleaning up the air we breathe, and combating climate change,” said Energy Secretary Steven Chu. “They will help achieve the President’s goal of putting one million plug-in hybrid vehicles on the road by 2015. And, most importantly, they will launch an advanced battery industry in America and make our auto industry cleaner and more competitive.”
The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Industry officials expect that this $2.4 billion investment, coupled with another $2.4 billion in cost share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the U.S. battery and auto industries.
The new awards cover the following areas:
•$1.5 billion in grants to U.S. based manufacturers to produce batteries and their components and to expand battery recycling capacity; •$500 million in grants to U.S. based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and •$400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.Today, President Obama visited Navistar International Corporation, in Elkhart, Ind., to make the announcement. Navistar will receive a $39 million grant to manufacture electric trucks which the company reports will ultimately will create or save hundreds of jobs when full scale manufacturing at the site commences. Overall, seven projects in Indiana will receive grants totaling more than $400 million. The applications from the companies and from one university engaged in this technology research anticipate that these awards will create or save thousands of jobs.
Vice President Joe Biden and four Members of the Cabinet also fanned out across the country to discuss the historic announcement.
Vice President Biden was in Detroit to announce over $1 billion in grants to companies and universities based in Michigan. Reflecting the state's leadership in clean energy manufacturing, Michigan companies and institutions are receiving the largest share of grant funding of any state. Two companies, A123 and Johnson Controls, will receive a total of approximately $550 million to establish a manufacturing base in the state for advanced batteries, and two others, Compact Power and Dow Kokam, will receive a total of over $300 million for manufacturing battery cells and materials. Large automakers based in Michigan, including GM, Chrysler, and Ford, will receive a total of more than $400 million to manufacture thousands of advanced hybrid and electric vehicles as well as batteries and electric drive components. And three educational institutions in Michigan, the University of Michigan, Wayne State University in Detroit, and Michigan Technological University in Houghton in the Upper Peninsula, will receive a total of more than $10 million for education and workforce training programs to train researchers, technicians and service providers, and to conduct consumer research to accelerate the transition towards advanced vehicles and batteries.
Energy Secretary Steven Chu, whose Department selected the 48 award winners, visited Celgard, in Charlotte, NC, to announce a $49 million grant for the company to expand its separator production capacity to serve the expected increased demand for lithium-ion batteries from manufacturing facilities in the U.S. Celgard will be expanding its manufacturing capacity in Charlotte, NC and nearby Aiken, SC, and the company expects the new separator production to come online in 2010. Celgard expects that approximately hundreds of jobs could be created, with the first of those jobs beginning as early as fall 2009.
EPA Administrator Lisa Jackson was in St. Petersburg, FL, to announce a $95.5 million grant for Saft America, Inc. to construct a new plant in Jacksonville on the site of the former Cecil Field military base, to manufacture lithium-ion cells, modules and battery packs for military, industrial, and agricultural vehicles.
Deputy Secretary of the Department of Transportation John Porcari visited East Penn Manufacturing Co., in Lyon Station, Penn., to award the company a $32.5 million grant to increase production capacity for their valve regulated lead-acid batteries and the UltraBattery, a lead-acid battery combined with a carbon supercapacitor, for micro and mild hybrid applications. East Penn Manufacturing is a third-generation family business with over 63 years in battery manufacturing.
Commerce Secretary Gary Locke visited Kansas City, Missouri, to announce a $10 million grant for Smith Electric to build and deploy up to 100 electric vehicles, including vans, pickups, and their "Newton" brand medium duty trucks. In addition, Secretary Locke announced three other grants supporting manufacturing and educational programs in Missouri: a $30 million grant to Ford Motor Company supporting the manufacturing of plug-in hybrid electric vehicles in Kansas City and in Michigan; and a $5 million grant to Missouri University of Science and Technology, in Rolla, Missouri, to fund educational and workforce training programs on advanced vehicles technologies.
Read the full list of award winners.
http://www1.eere.energy.gov/recovery/pdfs/battery_awardee_list.pdf
View a map of the award locations.
http://www1.eere.energy.gov/recovery/pdfs/battery_awardee_map.pdf
Media contact(s):(202) 586-4940
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Recovery Act will fund 48 new advanced battery and electric drive components manufacturing and electric drive vehicle deployment projects in over 20 states
Elkhart, Indiana - Further accelerating the manufacturing and deployment of electric vehicles, batteries, and components here in America, and creating tens of thousands of new jobs, President Obama today announced 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act. These projects, selected through a highly competitive process by the Department of Energy, will accelerate the development of U.S. manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles, helping to establish American leadership in creating the next generation of advanced vehicles.
"If we want to reduce our dependence on oil, put Americans back to work and reassert our manufacturing sector as one of the greatest in the world, we must produce the advanced, efficient vehicles of the future," said President Obama.
"For our nation and our economy to recover, we must have a vision for what can be built here in the future - and then we need to invest in that vision," said Vice President Biden. "That's what we're doing today and that's what this Recovery Act is about."
“These are incredibly effective investments that will come back to us many times over – by creating jobs, reducing our dependence on foreign oil, cleaning up the air we breathe, and combating climate change,” said Energy Secretary Steven Chu. “They will help achieve the President’s goal of putting one million plug-in hybrid vehicles on the road by 2015. And, most importantly, they will launch an advanced battery industry in America and make our auto industry cleaner and more competitive.”
The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. Industry officials expect that this $2.4 billion investment, coupled with another $2.4 billion in cost share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the U.S. battery and auto industries.
The new awards cover the following areas:
•$1.5 billion in grants to U.S. based manufacturers to produce batteries and their components and to expand battery recycling capacity; •$500 million in grants to U.S. based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and •$400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.Today, President Obama visited Navistar International Corporation, in Elkhart, Ind., to make the announcement. Navistar will receive a $39 million grant to manufacture electric trucks which the company reports will ultimately will create or save hundreds of jobs when full scale manufacturing at the site commences. Overall, seven projects in Indiana will receive grants totaling more than $400 million. The applications from the companies and from one university engaged in this technology research anticipate that these awards will create or save thousands of jobs.
Vice President Joe Biden and four Members of the Cabinet also fanned out across the country to discuss the historic announcement.
Vice President Biden was in Detroit to announce over $1 billion in grants to companies and universities based in Michigan. Reflecting the state's leadership in clean energy manufacturing, Michigan companies and institutions are receiving the largest share of grant funding of any state. Two companies, A123 and Johnson Controls, will receive a total of approximately $550 million to establish a manufacturing base in the state for advanced batteries, and two others, Compact Power and Dow Kokam, will receive a total of over $300 million for manufacturing battery cells and materials. Large automakers based in Michigan, including GM, Chrysler, and Ford, will receive a total of more than $400 million to manufacture thousands of advanced hybrid and electric vehicles as well as batteries and electric drive components. And three educational institutions in Michigan, the University of Michigan, Wayne State University in Detroit, and Michigan Technological University in Houghton in the Upper Peninsula, will receive a total of more than $10 million for education and workforce training programs to train researchers, technicians and service providers, and to conduct consumer research to accelerate the transition towards advanced vehicles and batteries.
Energy Secretary Steven Chu, whose Department selected the 48 award winners, visited Celgard, in Charlotte, NC, to announce a $49 million grant for the company to expand its separator production capacity to serve the expected increased demand for lithium-ion batteries from manufacturing facilities in the U.S. Celgard will be expanding its manufacturing capacity in Charlotte, NC and nearby Aiken, SC, and the company expects the new separator production to come online in 2010. Celgard expects that approximately hundreds of jobs could be created, with the first of those jobs beginning as early as fall 2009.
EPA Administrator Lisa Jackson was in St. Petersburg, FL, to announce a $95.5 million grant for Saft America, Inc. to construct a new plant in Jacksonville on the site of the former Cecil Field military base, to manufacture lithium-ion cells, modules and battery packs for military, industrial, and agricultural vehicles.
Deputy Secretary of the Department of Transportation John Porcari visited East Penn Manufacturing Co., in Lyon Station, Penn., to award the company a $32.5 million grant to increase production capacity for their valve regulated lead-acid batteries and the UltraBattery, a lead-acid battery combined with a carbon supercapacitor, for micro and mild hybrid applications. East Penn Manufacturing is a third-generation family business with over 63 years in battery manufacturing.
Commerce Secretary Gary Locke visited Kansas City, Missouri, to announce a $10 million grant for Smith Electric to build and deploy up to 100 electric vehicles, including vans, pickups, and their "Newton" brand medium duty trucks. In addition, Secretary Locke announced three other grants supporting manufacturing and educational programs in Missouri: a $30 million grant to Ford Motor Company supporting the manufacturing of plug-in hybrid electric vehicles in Kansas City and in Michigan; and a $5 million grant to Missouri University of Science and Technology, in Rolla, Missouri, to fund educational and workforce training programs on advanced vehicles technologies.
Read the full list of award winners.
http://www1.eere.energy.gov/recovery/pdfs/battery_awardee_list.pdf
View a map of the award locations.
http://www1.eere.energy.gov/recovery/pdfs/battery_awardee_map.pdf
Media contact(s):(202) 586-4940
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Wednesday, August 05, 2009
Investorideas.com Top 10 Inbound Investor Searches for This Week- Clean Energy and Cleantech take the Lead
Investorideas.com Top 10 Inbound Investor Searches for This Week- Clean Energy and Cleantech take the Lead with Natural Gas Stocks, Renewable Energy Stocks and Water Stocks
POINT ROBERTS, Wash., Delta, B.C. – August 5 , 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, natural gas stocks and other sectors announces this weeks top ten search phrases from inbound investors .
Cleantech and clean energy stocks took the lead with natural gas stocks, renewable energy stocks and water stocks.
The Top 10 List is featured on Investorideas.com home page and is updated each Wednesday for investors.
1. Natural gas stocks -Natural Gas Stocks Directory: Research Natural Gas stocks
2. Natural gas news 3. Renewable energy stocks -Renewable Energy Stocks Directory: Research global renewable energy stocks 4. Water stocks -Water Stocks Directory: Research global water stocks 5. Green energy companies 6. Indian stock market
7. Natural gas companies 8. Renewable energy companies 9. Natural gas producers
10. Alternative energy stocks
See our complete list of stock directories by sector at Investor Ideas
Investorideas.com Members- access our cleantech stock directories: renewable energy stocks, water stocks, fuel cell stocks, environment stocks, natural gas stocks and more!
As an added bonus, members can access the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Join Today – Become an Investor Ideas Member
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
POINT ROBERTS, Wash., Delta, B.C. – August 5 , 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, natural gas stocks and other sectors announces this weeks top ten search phrases from inbound investors .
Cleantech and clean energy stocks took the lead with natural gas stocks, renewable energy stocks and water stocks.
The Top 10 List is featured on Investorideas.com home page and is updated each Wednesday for investors.
1. Natural gas stocks -Natural Gas Stocks Directory: Research Natural Gas stocks
2. Natural gas news 3. Renewable energy stocks -Renewable Energy Stocks Directory: Research global renewable energy stocks 4. Water stocks -Water Stocks Directory: Research global water stocks 5. Green energy companies 6. Indian stock market
7. Natural gas companies 8. Renewable energy companies 9. Natural gas producers
10. Alternative energy stocks
See our complete list of stock directories by sector at Investor Ideas
Investorideas.com Members- access our cleantech stock directories: renewable energy stocks, water stocks, fuel cell stocks, environment stocks, natural gas stocks and more!
As an added bonus, members can access the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Join Today – Become an Investor Ideas Member
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Monday, August 03, 2009
Uptick in Q2 2009 US cleantech investment driven by large deals and improved investor confidence
Uptick in Q2 2009 US cleantech investment driven by large deals and improved investor confidence
Cleantech investment rises 73% to $572 million quarter over quarter, led by solar and efficiency deals
San Francisco, 29 July 2009— US venture capital (VC) investment in cleantech companies in Q2 2009 reached $572 million, an increase of 73% in terms of capital, with 48 financing rounds, a 100% increase in number of transactions compared to Q1 2009, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource. Compared to Q2 08, the second-highest quarter for cleantech investment on record, the Q2 09 results were 59% and 16% below those record levels in terms of capital and number of transactions respectively.
VC investment in cleantech in Q2 09 was lead by the Energy/Electricity Generation category, which raised $157 million, a quarterly increase of 181% as compared to Q1 09. Within this category, solar deals received the lion’s share of capital, more than trebling to $148 million compared to the prior quarter. Deal activity in the solar segment represented 26% of all quarterly cleantech investment by VC firms. The solar results were driven by deals such as the $25 million, first round investment in Skyline Solar, based in Mountain View, CA, which was led by New Enterprise Associates.
The Energy Efficiency category grew 168% from Q1 09 to $152 million due to power and efficiency management service deals that accounted for the majority of investment. This segment experienced 143% growth during Q2 09, attracting $93 million. A notable deal in this segment was the $30 million investment in the residential smart grid company Tendril headquartered in Boulder, CO. This investment was led by VantagePoint Venture Partners and has since followed with a partnership with GE to enable smart appliances to communicate over metering and broadband networks.
The demand for environmentally-friendly transportation options encouraged investment in the Alternative Fuels category to $53 million in Q2 09, driven by the $40 million later stage round investment in Gevo, a biofuels company based in Englewood, CO. Additionally, the Transportation sector received a $65 million investment in Q2 09. The majority of this funding came from Daimler AG’s $50 million investment in Tesla Motors in San Carlos, CA.
“The quarterly uptick reflects investor confidence in the ability of cleantech companies to capitalize on market opportunities,” says Joseph A. Muscat, Ernst & Young LLP, Americas Director of Cleantech. “While enacted and anticipated government actions have helped bolster confidence and catalyze new capital, we believe that leading cleantech companies will be defined by their ability to execute on business plans and advance their technologies through commercialization and distribution despite the challenging economy.”
The investor mixQuarterly VC investment in cleantech exhibits a shift from companies in the product development stage toward companies in the start-up and shipping product stages. Start-up cleantech companies received 8% of financing rounds in Q2 09 compared to none in Q1 09. Companies at the shipping product stage accounted for 65% of financing rounds compared to 54% in the prior quarter. By contrast, product development stage companies received just 27% of financing rounds compared to 46% last quarter.
Q2 09 results also illustrate the continued mix of investors who are partnering to advance the US cleantech market. Seven of the top 10 cleantech venture deals included participation by private equity, hedge fund or corporate investors. For example, the $54 million investment in Powerspan Corp., a carbon dioxide capture technology company in Portsmouth, NH, was made by a syndicate of investors that included VC firms, private equity firms, corporate investors and a hedge fund.
Cleantech investments in other asset classes also riseThe rebound in VC investment in cleantech was accompanied by a rise in private equity and asset backed financings. New Energy Finance (NEF) tracked $240 million in clean energy private equity investments, a rise of 12%. This figure includes the $69 million round secured by the battery manufacturer A123 in Watertown, MA, and the $50 million investment in Spectrawatt, a solar cell manufacturer in Hillsboro, OR.
Clean energy asset financings grew significantly according to NEF, increasing from $307 million in Q1 09 to $2.9 billion in Q2 09. Wind was the primary driver of asset backed financing activity, with deals such as the $504 million financing secured by First Wind for a 203.5 MW project. Solar projects were also supported. SunPower Corporation obtained an undisclosed amount of project financing for its 1.1MW PV project located in Merced, CA from Wells Fargo.
Additionally, there were 12 US M&A transactions of which three had disclosed values totaling $157 million, according to JS Herold. Six of the deals include alternative fuel companies.
Government support Government support continues to influence the growth of the US cleantech market. For example, the United States Department of Energy (DOE) released more than $47 million from the American Recovery and Reinvestment Act (ARRA) of 2009 to accelerate the completion of eight smart grid demonstration projects in seven states. At the state level, the state of Michigan is providing GE with $74 million in tax incentives in light of the company’s plan to build a $100 million advanced-manufacturing center to develop renewable-energy technologies near Detroit. Prospectively, the Department of Treasury’s guidance released in July for accessing grants in lieu of the investment tax credits for qualified energy property, as authorized by ARRA, was another positive step for the cleantech market, particularly as the DOE begins to review applications in August and makes payments within 60 days after receipt of qualified applications.
Note to editors:
Ernst & Young uses the following definitions to classify the cleantech industry and its sub-sectors:
Clean technology encompasses a diverse range of innovative products and services that optimize the use of natural resources or reduce the negative environmental impact of their use while creating value by lowering costs, improving efficiency, or providing superior performance.
Alternative Fuels - Biofuels; natural gas (LNG)Energy / Electricity Generation - Gasification, tidal/wave, hydrogen, geothermal, solar, wind, hydroEnergy Storage - Batteries, fuel cells, flywheelsEnergy Efficiency - Energy efficiency products, power and efficiency management services, industrial productsWater - Treatment processes, conservation & monitoringEnvironment - Air, recycling, wasteIndustry Focused Products and Services - Agriculture, construction, transportation, materials, consumer products
About Ernst & Young’s Strategic Growth Markets NetworkErnst & Young’s worldwide Strategic Growth Markets Network is dedicated to serving the changing needs of rapid-growth companies. For more than 30 years, we’ve helped many of the world’s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business achieve its potential. It’s how Ernst & Young makes a difference.
About Ernst & YoungErnst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 135,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
For more information, please visit www.ey.com
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity.This news release has been issued by Ernst & Young LLP, a U.S. client-serving member firm of Ernst & Young Global Limited.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Cleantech investment rises 73% to $572 million quarter over quarter, led by solar and efficiency deals
San Francisco, 29 July 2009— US venture capital (VC) investment in cleantech companies in Q2 2009 reached $572 million, an increase of 73% in terms of capital, with 48 financing rounds, a 100% increase in number of transactions compared to Q1 2009, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource. Compared to Q2 08, the second-highest quarter for cleantech investment on record, the Q2 09 results were 59% and 16% below those record levels in terms of capital and number of transactions respectively.
VC investment in cleantech in Q2 09 was lead by the Energy/Electricity Generation category, which raised $157 million, a quarterly increase of 181% as compared to Q1 09. Within this category, solar deals received the lion’s share of capital, more than trebling to $148 million compared to the prior quarter. Deal activity in the solar segment represented 26% of all quarterly cleantech investment by VC firms. The solar results were driven by deals such as the $25 million, first round investment in Skyline Solar, based in Mountain View, CA, which was led by New Enterprise Associates.
The Energy Efficiency category grew 168% from Q1 09 to $152 million due to power and efficiency management service deals that accounted for the majority of investment. This segment experienced 143% growth during Q2 09, attracting $93 million. A notable deal in this segment was the $30 million investment in the residential smart grid company Tendril headquartered in Boulder, CO. This investment was led by VantagePoint Venture Partners and has since followed with a partnership with GE to enable smart appliances to communicate over metering and broadband networks.
The demand for environmentally-friendly transportation options encouraged investment in the Alternative Fuels category to $53 million in Q2 09, driven by the $40 million later stage round investment in Gevo, a biofuels company based in Englewood, CO. Additionally, the Transportation sector received a $65 million investment in Q2 09. The majority of this funding came from Daimler AG’s $50 million investment in Tesla Motors in San Carlos, CA.
“The quarterly uptick reflects investor confidence in the ability of cleantech companies to capitalize on market opportunities,” says Joseph A. Muscat, Ernst & Young LLP, Americas Director of Cleantech. “While enacted and anticipated government actions have helped bolster confidence and catalyze new capital, we believe that leading cleantech companies will be defined by their ability to execute on business plans and advance their technologies through commercialization and distribution despite the challenging economy.”
The investor mixQuarterly VC investment in cleantech exhibits a shift from companies in the product development stage toward companies in the start-up and shipping product stages. Start-up cleantech companies received 8% of financing rounds in Q2 09 compared to none in Q1 09. Companies at the shipping product stage accounted for 65% of financing rounds compared to 54% in the prior quarter. By contrast, product development stage companies received just 27% of financing rounds compared to 46% last quarter.
Q2 09 results also illustrate the continued mix of investors who are partnering to advance the US cleantech market. Seven of the top 10 cleantech venture deals included participation by private equity, hedge fund or corporate investors. For example, the $54 million investment in Powerspan Corp., a carbon dioxide capture technology company in Portsmouth, NH, was made by a syndicate of investors that included VC firms, private equity firms, corporate investors and a hedge fund.
Cleantech investments in other asset classes also riseThe rebound in VC investment in cleantech was accompanied by a rise in private equity and asset backed financings. New Energy Finance (NEF) tracked $240 million in clean energy private equity investments, a rise of 12%. This figure includes the $69 million round secured by the battery manufacturer A123 in Watertown, MA, and the $50 million investment in Spectrawatt, a solar cell manufacturer in Hillsboro, OR.
Clean energy asset financings grew significantly according to NEF, increasing from $307 million in Q1 09 to $2.9 billion in Q2 09. Wind was the primary driver of asset backed financing activity, with deals such as the $504 million financing secured by First Wind for a 203.5 MW project. Solar projects were also supported. SunPower Corporation obtained an undisclosed amount of project financing for its 1.1MW PV project located in Merced, CA from Wells Fargo.
Additionally, there were 12 US M&A transactions of which three had disclosed values totaling $157 million, according to JS Herold. Six of the deals include alternative fuel companies.
Government support Government support continues to influence the growth of the US cleantech market. For example, the United States Department of Energy (DOE) released more than $47 million from the American Recovery and Reinvestment Act (ARRA) of 2009 to accelerate the completion of eight smart grid demonstration projects in seven states. At the state level, the state of Michigan is providing GE with $74 million in tax incentives in light of the company’s plan to build a $100 million advanced-manufacturing center to develop renewable-energy technologies near Detroit. Prospectively, the Department of Treasury’s guidance released in July for accessing grants in lieu of the investment tax credits for qualified energy property, as authorized by ARRA, was another positive step for the cleantech market, particularly as the DOE begins to review applications in August and makes payments within 60 days after receipt of qualified applications.
Note to editors:
Ernst & Young uses the following definitions to classify the cleantech industry and its sub-sectors:
Clean technology encompasses a diverse range of innovative products and services that optimize the use of natural resources or reduce the negative environmental impact of their use while creating value by lowering costs, improving efficiency, or providing superior performance.
Alternative Fuels - Biofuels; natural gas (LNG)Energy / Electricity Generation - Gasification, tidal/wave, hydrogen, geothermal, solar, wind, hydroEnergy Storage - Batteries, fuel cells, flywheelsEnergy Efficiency - Energy efficiency products, power and efficiency management services, industrial productsWater - Treatment processes, conservation & monitoringEnvironment - Air, recycling, wasteIndustry Focused Products and Services - Agriculture, construction, transportation, materials, consumer products
About Ernst & Young’s Strategic Growth Markets NetworkErnst & Young’s worldwide Strategic Growth Markets Network is dedicated to serving the changing needs of rapid-growth companies. For more than 30 years, we’ve helped many of the world’s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business achieve its potential. It’s how Ernst & Young makes a difference.
About Ernst & YoungErnst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 135,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
For more information, please visit www.ey.com
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity.This news release has been issued by Ernst & Young LLP, a U.S. client-serving member firm of Ernst & Young Global Limited.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Thursday, July 30, 2009
Obama Administration Announces Billions in Lending Authority for Renewable Energy Projects and to Modernize the Grid
Obama Administration Announces Billions in Lending Authority for Renewable Energy Projects and to Modernize the Grid
Loan Guarantees Will Help Create New Jobs while Fostering Clean Energy Innovation
Washington, DC – July 29, 2009U.S. Energy Secretary Steven Chu announced today that the Department of Energy will provide up to $30 billion in loan guarantees, depending on the applications and market conditions, for renewable energy projects. Another $750 million will support several billion dollars more in loan guarantees for projects that increase the reliability, efficiency and security of the nation’s transmission system. The two new loan guarantee solicitations announced today are being funded partly through the Recovery Act and partly through 2009 appropriations.
“These investments will be used to create jobs, spur the development of innovative clean energy technologies, and help ensure a smart, strong and secure grid that will deliver renewable power more effectively and reliably,” said Secretary Chu. “This administration has set a goal of doubling renewable electricity generation over the next three years. To achieve that goal, we need to accelerate renewable project development by ensuring access to capital for advanced technology projects. We also need a grid that can move clean energy from the places it can be produced to the places where it can be used and that can integrate variable sources of power, like wind and solar.”
The lending authority includes:
Up to $8.5 billion in lending authority supported by 2009 annual appropriations for renewable energy.
Up to $2 billion in subsidy costs, provided by the Recovery Act, to support billions in loans for renewable energy and electric power transmission projects.
Up to $500 million in subsidy costs to support loans for cutting edge biofuel projects funded by the Recovery Act.
Up to $750 million in subsidy costs, provided by the Recovery Act, to support loans for large transmission infrastructure projects in the U.S. that use commercial technologies and begin construction by September 30, 2011.
The two solicitations issued today mark the sixth and seventh rounds of solicitations by the Department’s Loan Guarantee Program, which encourages the commercial use of new or improved energy technologies to help foster clean energy projects. Applications will be accepted over the next 45 days. The Department has streamlined its processes to accelerate these new loan solicitations. By investing in both renewable energy technology for generating electricity and technologies to modernize the country's transmission system, the Recovery Act targets the full integration of renewable energy sources onto the electric grid.
Read more information on this solicitation and the Department’s Loan Guarantee Program. Additional loan guarantee solicitations funded by the Recovery Act will be announced soon.
Media contact(s):(202) 586-4940 News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Loan Guarantees Will Help Create New Jobs while Fostering Clean Energy Innovation
Washington, DC – July 29, 2009U.S. Energy Secretary Steven Chu announced today that the Department of Energy will provide up to $30 billion in loan guarantees, depending on the applications and market conditions, for renewable energy projects. Another $750 million will support several billion dollars more in loan guarantees for projects that increase the reliability, efficiency and security of the nation’s transmission system. The two new loan guarantee solicitations announced today are being funded partly through the Recovery Act and partly through 2009 appropriations.
“These investments will be used to create jobs, spur the development of innovative clean energy technologies, and help ensure a smart, strong and secure grid that will deliver renewable power more effectively and reliably,” said Secretary Chu. “This administration has set a goal of doubling renewable electricity generation over the next three years. To achieve that goal, we need to accelerate renewable project development by ensuring access to capital for advanced technology projects. We also need a grid that can move clean energy from the places it can be produced to the places where it can be used and that can integrate variable sources of power, like wind and solar.”
The lending authority includes:
Up to $8.5 billion in lending authority supported by 2009 annual appropriations for renewable energy.
Up to $2 billion in subsidy costs, provided by the Recovery Act, to support billions in loans for renewable energy and electric power transmission projects.
Up to $500 million in subsidy costs to support loans for cutting edge biofuel projects funded by the Recovery Act.
Up to $750 million in subsidy costs, provided by the Recovery Act, to support loans for large transmission infrastructure projects in the U.S. that use commercial technologies and begin construction by September 30, 2011.
The two solicitations issued today mark the sixth and seventh rounds of solicitations by the Department’s Loan Guarantee Program, which encourages the commercial use of new or improved energy technologies to help foster clean energy projects. Applications will be accepted over the next 45 days. The Department has streamlined its processes to accelerate these new loan solicitations. By investing in both renewable energy technology for generating electricity and technologies to modernize the country's transmission system, the Recovery Act targets the full integration of renewable energy sources onto the electric grid.
Read more information on this solicitation and the Department’s Loan Guarantee Program. Additional loan guarantee solicitations funded by the Recovery Act will be announced soon.
Media contact(s):(202) 586-4940 News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Wednesday, July 29, 2009
Green Investor tools Include Renewable Energy Stocks Directory, Green Funding Directory and Renewable Energy Stocks News and Green Business News RSS F
Investor Ideas Best Green Investor tools Include Renewable Energy Stocks Directory, Green Funding Directory and Renewable Energy Stocks News and Green Business News RSS Feed
www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment, water and renewable energy investing, features its best green investor tools at the Investor Ideas Green Investor pages.
Investor Ideas profiled best green investor tools include the Renewable energy stocks directory, Green Funding Directory and our Renewable Energy Stocks News and Green Business News RSS Feed.
The recently launched Global Green Fund and Venture Capital Directory was created for green CEO’s and entrepreneurs to source potential funding to grow their business.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
The Green funds, VC’s and Private Equity firms are listed by Country: Firm, description, specialty, contact info and link to contact webpage.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
http://www.renewableenergystocks.com/Companies/RenewableEnergy/Funds-and-Venture-Capital-Investing.asp
Global Green Fund and Venture Capital Directory Sample/preview:
Additionally The Investor Ideas Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
Visit the Public Marketplace:
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register and sign up to view the private access link or to have your company added:
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
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, the Middle East and Australia and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
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.
Green Investor Content:
Green IPO Watch: http://www.investorideas.com/IPO/green.asp
Solar Energy Perspectives with J. Peter Lynch: http://www.investorideas.com/RSS/feeds/PL.xml
Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member
Investor Ideas members following green stocks can access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment, water and renewable energy investing, features its best green investor tools at the Investor Ideas Green Investor pages.
Investor Ideas profiled best green investor tools include the Renewable energy stocks directory, Green Funding Directory and our Renewable Energy Stocks News and Green Business News RSS Feed.
The recently launched Global Green Fund and Venture Capital Directory was created for green CEO’s and entrepreneurs to source potential funding to grow their business.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
The Green funds, VC’s and Private Equity firms are listed by Country: Firm, description, specialty, contact info and link to contact webpage.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
http://www.renewableenergystocks.com/Companies/RenewableEnergy/Funds-and-Venture-Capital-Investing.asp
Global Green Fund and Venture Capital Directory Sample/preview:
Additionally The Investor Ideas Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
Visit the Public Marketplace:
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register and sign up to view the private access link or to have your company added:
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
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, the Middle East and Australia and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
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.
Green Investor Content:
Green IPO Watch: http://www.investorideas.com/IPO/green.asp
Solar Energy Perspectives with J. Peter Lynch: http://www.investorideas.com/RSS/feeds/PL.xml
Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member
Investor Ideas members following green stocks can access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
PETRA SOLAR’S $200 MILLION CONTRACT WITH PSE&G WILL RESULT IN LARGEST POLE-ATTACHED SOLAR INSTALLATION IN WORLD
PETRA SOLAR’S $200 MILLION CONTRACT WITH PSE&G WILL RESULT IN LARGEST POLE-ATTACHED SOLAR INSTALLATION IN WORLD
Manufacturing Site Will Produce “Smart” Solar PV Systems; 100 Green Jobs to Be Created
(July 29, 2009 – South Plainfield, NJ) – Petra Solar, Inc., the leading provider of innovative photovoltaic (PV) solutions for utilities, will be producing 200,000 smart solar systems for installation on PSE&G utility poles and street light poles in the largest pole-attached solar installation in the world, following the NJ Board of Public Utilities approval of a new PSE&G program today. Petra Solar will also be creating more than 100 green jobs in installation, research and development, operational and manufacturing of the pole-mounted, grid-connected solar PV system.
In a contract of about $200 million with PSE&G, Petra Solar will make units for 200,000 poles in New Jersey’s six largest cities and 300 rural and suburban communities in PSE&G’s service territory. Over the 3½ year life of the contract, Petra will add the green jobs to its employee base of 40-plus employees, most of whom work in the company’s South Plainfield headquarters and manufacturing facility.
Shihab Kuran, President and CEO of Petra Solar, said, “This contract is transformational for us. We are tripling in size and will start hiring immediately. We invite those interested in applying for positions to visit the company’s website at www.petrasolar.com.”
Kuran added, “We at Petra Solar are very pleased to enter a contract with PSE&G to provide 200,000 pole-mounted, grid-connected solar systems. This effort exemplifies the Obama and Corzine administration goals of transforming energy technology into energy employment opportunities while at the same time addressing global energy and climate change challenges.”
“Our SunWave™ pole-mounted, grid-connected PV generation system delivers true technological innovation,” Kuran said. “Our product will enable PSE&G to enhance the reliability of its delivery of electricity to customers. ”
Petra’s SunWave system combines highly distributed, grid connected photovoltaic generation and smart grid communications capabilities. In addition it provides enhancement of electric distribution grid reliability through a host of functions such as voltage support.
For media queries: Becky Taylor, 609-240-6886, becky@btaylorpa.com.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Manufacturing Site Will Produce “Smart” Solar PV Systems; 100 Green Jobs to Be Created
(July 29, 2009 – South Plainfield, NJ) – Petra Solar, Inc., the leading provider of innovative photovoltaic (PV) solutions for utilities, will be producing 200,000 smart solar systems for installation on PSE&G utility poles and street light poles in the largest pole-attached solar installation in the world, following the NJ Board of Public Utilities approval of a new PSE&G program today. Petra Solar will also be creating more than 100 green jobs in installation, research and development, operational and manufacturing of the pole-mounted, grid-connected solar PV system.
In a contract of about $200 million with PSE&G, Petra Solar will make units for 200,000 poles in New Jersey’s six largest cities and 300 rural and suburban communities in PSE&G’s service territory. Over the 3½ year life of the contract, Petra will add the green jobs to its employee base of 40-plus employees, most of whom work in the company’s South Plainfield headquarters and manufacturing facility.
Shihab Kuran, President and CEO of Petra Solar, said, “This contract is transformational for us. We are tripling in size and will start hiring immediately. We invite those interested in applying for positions to visit the company’s website at www.petrasolar.com.”
Kuran added, “We at Petra Solar are very pleased to enter a contract with PSE&G to provide 200,000 pole-mounted, grid-connected solar systems. This effort exemplifies the Obama and Corzine administration goals of transforming energy technology into energy employment opportunities while at the same time addressing global energy and climate change challenges.”
“Our SunWave™ pole-mounted, grid-connected PV generation system delivers true technological innovation,” Kuran said. “Our product will enable PSE&G to enhance the reliability of its delivery of electricity to customers. ”
Petra’s SunWave system combines highly distributed, grid connected photovoltaic generation and smart grid communications capabilities. In addition it provides enhancement of electric distribution grid reliability through a host of functions such as voltage support.
For media queries: Becky Taylor, 609-240-6886, becky@btaylorpa.com.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Oil and Gas Technology Solutions Company, Wescorp Energy (OTCBB:WSCE) ,enters into Joint Venture Partnership with Cancen Oil Canada Corporation (COCC)
Oil and Gas Technology Solutions Company, Wescorp Energy (OTCBB:WSCE) ,enters into Joint Venture Partnership with Cancen Oil Canada Corporation (COCC)
HOUSTON, TX and CALGARY, July 29 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider and Cancen Oil Canada Corporation, an Oilfield Waste Management and Processing company based in western Canada, have entered into a 50:50 joint venture agreement. Under the terms of the joint venture agreement, a combination of a minimum of 12 H2O Maxx water units and HCXT Solids units will be strategically installed over the next 12 months at Cancen's facilities to significantly increase efficiency and reduce operating costs. As Cancen expands its operation, it is expected to be installing additional units. In addition, it is anticipated that the joint venture will build additional portable units to provide remote on-site remediation for a number of Cancen's clients.
Wescorp and Cancen are completing an assessment of Cancen's facilities, and by August 23 Cancen will post a $1,000,000 irrevocable line of credit for the immediate construction of three units to be deployed at Cancen's facilities.
Under the terms of the agreement, Wescorp will be responsible for providing the intellectual property and technical support. Cancen will be responsible for operating and managing the joint venture and funding the operations, including the construction and deployment costs of all H2O Maxx and HCXT remediation units.
The joint venture will share in the revenue generated by the use of Wescorp's H2O Maxx and HCXT units at Cancen's facilities. Revenue from each unit will be shared between Wescorp and Cancen. Upon initial operation of the remediation units, the revenue will be split 25:75 (Wescorp: Cancen) until 110% of the construction costs are repaid to Cancen. Thereafter, the revenue will be shared on a 50:50 basis.
Cancen operates a number of waste processing facilities in western Canada. Its mission is to provide safe and effective disposal of hydrocarbon waste material through specialized processes in an effort to prevent oil from entering neighboring ecosystems. Cancen creates value through on-site disposal of produced water, hydrocarbon recovery, general cleanup and disposal of slop oil, tank bottoms and crude treatment. Through a three-staged process, Cancen custom treats, then blends, the crude into high quality saleable oil.
"This is a very significant signing for Wescorp. The partnership with Cancen will allow Wescorp to immediately participate in a multi-billion dollar oilfield waste management and processing industry in western Canada," commented Doug Biles, President and CEO of Wescorp Energy. "Wescorp anticipates the joint venture revenue model will result in a significantly higher revenue stream than that of a daily lease model."
"Cancen is delighted to be the joint venture partner of Wescorp Energy," stated Keith Talbot, President of Cancen Oil Canada Corporation. "Wescorp's leading edge water and solids remediation technologies are a perfect fit into our business model and will allow Cancen to become a technological leader in the oilfield waste processing industry in western Canada. With the addition of Wescorp's technologies, we expect our business to grow exponentially."
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water.
The HCXT solids remediation unit is a commercially proven, safe, effective and economical process for the extraction and cleaning of hydrocarbon-laden sediments and solids. The technology uses biodegradable chemicals to separate heavy oil from solids including drilling cuttings and fine sands and clays from oil sand production.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Renewable Energy and Water Stock Directories. Learn more: - /membership/
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
HOUSTON, TX and CALGARY, July 29 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider and Cancen Oil Canada Corporation, an Oilfield Waste Management and Processing company based in western Canada, have entered into a 50:50 joint venture agreement. Under the terms of the joint venture agreement, a combination of a minimum of 12 H2O Maxx water units and HCXT Solids units will be strategically installed over the next 12 months at Cancen's facilities to significantly increase efficiency and reduce operating costs. As Cancen expands its operation, it is expected to be installing additional units. In addition, it is anticipated that the joint venture will build additional portable units to provide remote on-site remediation for a number of Cancen's clients.
Wescorp and Cancen are completing an assessment of Cancen's facilities, and by August 23 Cancen will post a $1,000,000 irrevocable line of credit for the immediate construction of three units to be deployed at Cancen's facilities.
Under the terms of the agreement, Wescorp will be responsible for providing the intellectual property and technical support. Cancen will be responsible for operating and managing the joint venture and funding the operations, including the construction and deployment costs of all H2O Maxx and HCXT remediation units.
The joint venture will share in the revenue generated by the use of Wescorp's H2O Maxx and HCXT units at Cancen's facilities. Revenue from each unit will be shared between Wescorp and Cancen. Upon initial operation of the remediation units, the revenue will be split 25:75 (Wescorp: Cancen) until 110% of the construction costs are repaid to Cancen. Thereafter, the revenue will be shared on a 50:50 basis.
Cancen operates a number of waste processing facilities in western Canada. Its mission is to provide safe and effective disposal of hydrocarbon waste material through specialized processes in an effort to prevent oil from entering neighboring ecosystems. Cancen creates value through on-site disposal of produced water, hydrocarbon recovery, general cleanup and disposal of slop oil, tank bottoms and crude treatment. Through a three-staged process, Cancen custom treats, then blends, the crude into high quality saleable oil.
"This is a very significant signing for Wescorp. The partnership with Cancen will allow Wescorp to immediately participate in a multi-billion dollar oilfield waste management and processing industry in western Canada," commented Doug Biles, President and CEO of Wescorp Energy. "Wescorp anticipates the joint venture revenue model will result in a significantly higher revenue stream than that of a daily lease model."
"Cancen is delighted to be the joint venture partner of Wescorp Energy," stated Keith Talbot, President of Cancen Oil Canada Corporation. "Wescorp's leading edge water and solids remediation technologies are a perfect fit into our business model and will allow Cancen to become a technological leader in the oilfield waste processing industry in western Canada. With the addition of Wescorp's technologies, we expect our business to grow exponentially."
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water.
The HCXT solids remediation unit is a commercially proven, safe, effective and economical process for the extraction and cleaning of hydrocarbon-laden sediments and solids. The technology uses biodegradable chemicals to separate heavy oil from solids including drilling cuttings and fine sands and clays from oil sand production.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Renewable Energy and Water Stock Directories. Learn more: - /membership/
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Friday, July 24, 2009
Solar Stocks Sector Close- Up; Chinese Solar Stocks Lead the Way
Solar Stocks Sector Close- Up; Chinese Solar Stocks Lead the Way
POINT ROBERTS, WA and DELTA, BC –July 24 , 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com presents a sector close-up pf publicly traded solar stocks for July 24, 2009. Chinese solar stocks China Sunergy Co., Ltd. (Nasdaq: CSUN) and SunPower Corporation (NasdaqGS: SPWRA), SunPower Corporation (NasdaqGS: SPWRB) had gains of
over 14% -27% for investors.
Chinese Solar Stock News - China Sunergy (Nasdaq: CSUN ), Provides Update on Selected 2009 Second Quarter Estimated ResultsNANJING, China, July 24 2009 -- China Sunergy Co., Ltd. (Nasdaq: CSUN ), a specialized solar cell manufacturer based in Nanjing, China, today announced an update regarding several estimated financial and operational results for the second quarter ended June 30, 2009.
China Sunergy's second quarter solar cell shipments slightly exceeded the previously announced guidance of 35MW to 40MW. Gross profit margin is expected to be around 9%, compared with prior guidance of a positive low single digit number. China Sunergy also expects to return to quarterly profitability for the second quarter of 2009.
Full story http://www.investorideas.com/News/072409e.asp
Solar Stocks Sector Close-Up, Trading July 24, 2009
Akeena Solar Inc. (NASDAQ:AKNS) trading up at $1.34, up $0.09 (7.20%) 11:45am ET
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading $8.18, up 0.04 (0.49%) 11:08am ET
Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $ 5.69, up 0.73 (14.72%) 11:48am ET
Evergreen Solar Inc (NASDAQ:ESLR) trading at $2.28, up $ 0.11 (5.07%) 12:12pm ET
First Solar, Inc. (NasdaqGS: FSLR) trading at $172.07, up $14.29 (9.06%) 12:14pm ET
GWS Technologies, Inc. (OTCBB: GWSC) trading at $1.16 - 1.18
JA Solar (Nasdaq: JASO) trading at $5.08 0.30 (6.28%) 12:17pm ET
SunPower Corporation (NasdaqGS: SPWRA) trading at $31.04, up $6.19 (24.91%)
SunPower Corporation (NasdaqGS: SPWRB) trading at $27.35, up 5.83 (27.09%) 12:06pm ET
Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $19.80, up 0.87 (4.60%) 12:26PM ET
Yingli Green Energy (NYSE: YGE) trading at $4.57, up 1.00 (7.37%) 12:27pm ET
XsunX Inc: (OTCBB: XSNX) trading at $0.12 - 0.137
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/ . Read his newest columns, the Solar Innovations series, looking at private companies in the sector
Solar Stocks Directory (Preview) –See a preview of publicly traded solar stocks on
Our renewable energy stocks directory
Featured Renewable Energy and Solar Stocks
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
XsunX, Inc. (XSNX.OB) is an established solar energy company, is developing a breakthrough thin-film photovoltaic (TFPV) cross-industry technology that may soon utilize the excess manufacturing capacity of the hard disc drive (HDD) industry to mass produce high efficiency, low cost solar cells to truly capture the power of the sun. Our mass production, cross-industry technology breakthrough will increase cell efficiency, improve production speeds and yields, and dramatically lower the cost for solar cells. This novel approach bridges the gap between inexpensive thin-film and high efficiency silicon wafer technologies to produce solar cells for multiple market segments and a wide variety of applications. The mass production of individual, high performance, flexible solar cells – like solar building blocks – will allow solar power to finally compete effectively against other sources of electrical energy by driving the cost to less than $1 per watt. XsunX's extensive solar expertise, experience and proprietary technology will allow us to seek joint ventures with larger companies and generate revenue through licensing fees and manufacturing royalties.
To learn about becoming a featured renewable energy or green stock, contact us below.
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.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Membership- Green Stocks Directory –Solar Stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks directory, biotech and more.
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies XSNX, MNGA and GWSC, news submissions and online advertising.
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 or Cali at cvanzant@investorideas.com
Source: RenewableEnergyStocks.com Investorideas.comNews & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC –July 24 , 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com presents a sector close-up pf publicly traded solar stocks for July 24, 2009. Chinese solar stocks China Sunergy Co., Ltd. (Nasdaq: CSUN) and SunPower Corporation (NasdaqGS: SPWRA), SunPower Corporation (NasdaqGS: SPWRB) had gains of
over 14% -27% for investors.
Chinese Solar Stock News - China Sunergy (Nasdaq: CSUN ), Provides Update on Selected 2009 Second Quarter Estimated ResultsNANJING, China, July 24 2009 -- China Sunergy Co., Ltd. (Nasdaq: CSUN ), a specialized solar cell manufacturer based in Nanjing, China, today announced an update regarding several estimated financial and operational results for the second quarter ended June 30, 2009.
China Sunergy's second quarter solar cell shipments slightly exceeded the previously announced guidance of 35MW to 40MW. Gross profit margin is expected to be around 9%, compared with prior guidance of a positive low single digit number. China Sunergy also expects to return to quarterly profitability for the second quarter of 2009.
Full story http://www.investorideas.com/News/072409e.asp
Solar Stocks Sector Close-Up, Trading July 24, 2009
Akeena Solar Inc. (NASDAQ:AKNS) trading up at $1.34, up $0.09 (7.20%) 11:45am ET
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading $8.18, up 0.04 (0.49%) 11:08am ET
Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $ 5.69, up 0.73 (14.72%) 11:48am ET
Evergreen Solar Inc (NASDAQ:ESLR) trading at $2.28, up $ 0.11 (5.07%) 12:12pm ET
First Solar, Inc. (NasdaqGS: FSLR) trading at $172.07, up $14.29 (9.06%) 12:14pm ET
GWS Technologies, Inc. (OTCBB: GWSC) trading at $1.16 - 1.18
JA Solar (Nasdaq: JASO) trading at $5.08 0.30 (6.28%) 12:17pm ET
SunPower Corporation (NasdaqGS: SPWRA) trading at $31.04, up $6.19 (24.91%)
SunPower Corporation (NasdaqGS: SPWRB) trading at $27.35, up 5.83 (27.09%) 12:06pm ET
Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $19.80, up 0.87 (4.60%) 12:26PM ET
Yingli Green Energy (NYSE: YGE) trading at $4.57, up 1.00 (7.37%) 12:27pm ET
XsunX Inc: (OTCBB: XSNX) trading at $0.12 - 0.137
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/ . Read his newest columns, the Solar Innovations series, looking at private companies in the sector
Solar Stocks Directory (Preview) –See a preview of publicly traded solar stocks on
Our renewable energy stocks directory
Featured Renewable Energy and Solar Stocks
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
XsunX, Inc. (XSNX.OB) is an established solar energy company, is developing a breakthrough thin-film photovoltaic (TFPV) cross-industry technology that may soon utilize the excess manufacturing capacity of the hard disc drive (HDD) industry to mass produce high efficiency, low cost solar cells to truly capture the power of the sun. Our mass production, cross-industry technology breakthrough will increase cell efficiency, improve production speeds and yields, and dramatically lower the cost for solar cells. This novel approach bridges the gap between inexpensive thin-film and high efficiency silicon wafer technologies to produce solar cells for multiple market segments and a wide variety of applications. The mass production of individual, high performance, flexible solar cells – like solar building blocks – will allow solar power to finally compete effectively against other sources of electrical energy by driving the cost to less than $1 per watt. XsunX's extensive solar expertise, experience and proprietary technology will allow us to seek joint ventures with larger companies and generate revenue through licensing fees and manufacturing royalties.
To learn about becoming a featured renewable energy or green stock, contact us below.
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.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Membership- Green Stocks Directory –Solar Stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks directory, biotech and more.
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies XSNX, MNGA and GWSC, news submissions and online advertising.
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 or Cali at cvanzant@investorideas.com
Source: RenewableEnergyStocks.com Investorideas.comNews & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory
Join- http://www.investorideas.com/membership/
Subscribe to:
Posts (Atom)