Renewable Energy Stocks; FPL Group (NYSE: FPL) announces first quarter earnings for 2010

Renewable Energy Stocks; FPL Group (NYSE: FPL) announces first quarter earnings for 2010


FPL Group (NYSE: FPL) announces first quarter earnings for 2010

• FPL Group posts solid financial results

• Florida Power & Light Company earnings driven by record weather-related demand

• NextEra Energy Resources records solid operational results amid weak wind resource



JUNO BEACH, Fla. – ( http://www.investorideas.com/ renwable energy/green newswire ) FPL Group, Inc. (NYSE: FPL) today reported 2010 first quarter net income on a GAAP basis of $556 million, or $1.36 per share, compared with $364 million, or $0.90 per share, in the first quarter of 2009. On an adjusted basis, FPL Group’s earnings were $386 million, or $0.94 per share, compared with $364 million, or $0.90 per share, in the first quarter of 2009. Adjusted earnings exclude the mark-to-market effects of non-qualifying hedges and the net effect of other than temporary impairments (OTTI) on certain investments, both of which relate to NextEra Energy Resources.

Click here for full release

http://www.fplgroup.com/news/contents/pdf/1Q%202010%20Earnings%20Announcement%20.pdf
 
________________________________________________

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Investorideas.com Membership Promotes Cleantech Investing

Investorideas.com Membership Promotes Cleantech Investing

In Celebration of Earth Day; Green Investor Stock Directories for Investing in a Better World
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Use our Green Stocks and Renewable Energy Stocks directory to Research Renewable Energy Stocks and Alternative Energy Stocks, Solar Stocks, Wind Stocks, Biofuels, Green Stocks, Green Funds and more. Our Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Our green stocks directory has over 1000 stocks and is growing each month! - Even the industry experts use our directory!



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Hemiwedge (OTCPK:HWEG), Announces Sales to Clean Energy Fuels Corp (NasdaqGS: CLNE) for Natural Gas Dehydrator Applications

Valve Technology Company Hemiwedge (OTCPK:HWEG), Announces Sales to Clean Energy Fuels Corp (NasdaqGS: CLNE) for Natural Gas Dehydrator Applications


CONROE, TX – April 22, 2010 (Investorideas.com energy newswire) – Hemiwedge Industries, Inc. (Pink Sheets: HWEG.pk), a global supplier of engineered valves, today announced it has shipped additional Hemiwedge® Cartridge valves to the Clean Energy's Pickens LNG plant in Texas.

The Hemiwedge® Cartridge valves have been successfully installed and used in natural gas dehydrators where water vapor is removed from natural gas before its processed into LNG. The Cartridge feature of the valve provides low maintenance costs and the Hemiwedge design provides reliability of sealing in low and high temperatures/pressures.



The Company has enjoyed a relationship with Clean Energy as a customer for more than a year and looks forward to growing with them in the future as they are North America's leader in clean transportation.


Ken Chickering, CEO of Hemiwedge Industries, stated, "We are pleased to have such a great reference customer in this application and market segment. We view their initiative of expanding the use of domestic natural gas and LNG for transportation fuel in North America as a significant growth market."
About Hemiwedge Industries, Inc.
Hemiwedge Valve Corporation ("HVC"), a wholly-owned subsidiary of Hemiwedge Industries, operates as a global supplier of engineered valve products. In its 60,000 square foot ISO 9001 and API Q1 approved facility in Conroe, Texas, the Company manufactures and markets worldwide a patented proprietary valve technology known as the Hemiwedge® Cartridge valve product line. The Hemiwedge® Cartridge valve is a proven innovative design that incorporates a hemispherical wedge to provide a mechanically sealing, tight shutoff valve with a simple quarter-turn operation that provides outstanding longevity and performance in a broad range of applications. Unlike ball valves, the stationary core of the Hemiwedge® Cartridge valve directs flow away from the seat surfaces which allows longer service life. The "Cartridge" feature reduces expensive downtime during valve maintenance as all of the internal parts of the valve are attached to the bonnet, as a Cartridge, which allows a quick exchange of all the internals of the valve while the valve body remains in the line. This feature is especially relevant in weld-in line valve bodies and severe service applications. Hemiwedge® Cartridge valve has been successfully used by reference customers in applications including refining, mining, process, pipeline, power, mid-stream and petro-chemical markets. The product line currently ranges in bore sizes from one inch to twenty inches, API 6D monogram, and ANSI class 150 through 900. For additional information on the Company and its products, please visit www.hemiwedge.com.

About Clean Energy
Clean Energy Fuels Corp (Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 17,800 vehicles at 196 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas, or bio-methane, for delivery in the nation's gas pipeline network. Clean Energy also owns BAF Technologies, Inc. of Dallas, TX, a leading provider of natural gas vehicle systems and conversions for taxis, limousines, vans, pick-up trucks and shuttle buses. Please visit http://www.cleanenergyfuels.com/.

Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, customer concentration risk, difficulties in refinancing or restructuring its debt, difficulties in accelerating internal sales growth, volatility of the energy business and its effects on the Company's business, difficulties in new technology acceptance within the energy and process industries, restrictive covenants in our existing credit facilities, fluctuations in metals prices, an inability to perform customer contracts at anticipated cost levels, political and economic global supply chain risk, general economic conditions in markets in which we do business, extensive environmental and workplace regulation by federal and state agencies, and other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission. All information provided in this release and in the attachments is as of April 22, 2010 and the Company undertakes no duty to update this information.



CONTACT: Matt Flemming, CFO of Hemiwedge Industries, Inc., +1-936-539-5770.

Disclosure: HWEG is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
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Greening the Port of Los Angeles with Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN)

Greening the Port of Los Angeles with Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN)
Earth Day Green Stock Report From Investorideas.com


Delta B.C/Point Roberts WA/., April 22 , 2010 - www.InvestorIdeas.com and its leading green investor portals report on Balqon Corporation (OTCBB: BLQN), developer and manufacturer of zero emission heavy-duty electric trucks and tractors for both off-highway and on-highway applications, in celebration of Earth Day 2010.

The Port of Port of Los Angeles is currently deploying Balqon’s electric vehicles as part of the California and Los Angeles vision to be a leader in clean technology.


According to the company’s filings, “As of November 13, 2009, we have delivered 12 Nautilus E20s to the City of Los Angeles and one Nautilus E20 to the AQMD. All of the Nautilus E20s we delivered during the third quarter of 2009 were equipped with lithium-ion battery packs.

We anticipate that a majority of future sales of our heavy-duty electric vehicles will be made directly to end users, such as large terminal operators, shipping companies and OEMs, rather than directly to governmental agencies such as the AQMD and the City of Los Angeles.”.

Recent Media Coverage:

New Trucks Aim To Keep the Docks Humming In Los Angeles
04/06/2010

The Port of Los Angeles and Balqon Corp were showing off their first production XE20 electric, zero-emission yard tractors on Wednesday at an all-day Ride and Drive event at Berth 87. Balqon is getting ready to deliver 20 of the new heavy-duty trucks to a container terminal for a real-world debut.

The port ordered the lithium-ion battery-powered vehicles to be built almost a year ago, along with five XE30 trucks designed for short-haul, on-road drayage. The XE30s will be used to shuttle containers from the port to a near-dock rail yard about five miles north of the harbor.

Full article: http://www.cunninghamreport.com/news_item.php?id=1235

About Earth Day 2010

Forty years after the first Earth Day, the world is in greater peril than ever. While climate change is the greatest challenge of our time, it also presents the greatest opportunity – an unprecedented opportunity to build a healthy, prosperous, clean energy economy now and for the future.

Earth Day 2010 can be a turning point to advance climate policy, energy efficiency, renewable energy and green jobs. Earth Day Network is galvanizing millions who make personal commitments to sustainability. Earth Day 2010 is a pivotal opportunity for individuals, corporations and governments to join together and create a global green economy. Join the more than one billion people in 190 countries that are taking action for Earth Day.

Recent News:
Balqon Corporation (OTCBB: BLQN), Announces Record Revenue Growth in 2009

HARBOR CITY, Calif. - April 14, 2010 - Balqon Corporation (OTCBB: BLQN), an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced its financial results for the year ended December 31, 2009 on March 31, 2010. Revenues for 2009 were $3,598,752, an increase of $3,395,092, or 1,667%, over revenues of $203,660 for 2008. Full news: http://www.investorideas.com/CO/BLQN/news/4141.asp

About Balqon Corporation (OTCBB:BLQN) http://www.balqon.com/

Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities.
Investors can view the full company profile for Balqon Corporation at:
http://www.investorideas.com/CO/BLQN/


Request news and stock alerts from Balqon Corporation

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Balqon Corporation (OTCBB: BLQN) is a featured showcase green stock on our green investor portals:

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and www.EnvironmentStocks.com













"Antonio Villaraigosa, Mayor of Los Angeles, tests drives the Balqon Nautilus E30."





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Disclaimer: / disclosure: The following company profile news for BLQN is a paid for submission. 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, company profile submissions and online advertising. Read more disclaimer and disclosure/ compensation disclosure at:

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Green IPO Watch at Renewableenergystocks.com Reports on Filing for Alternative Fuel Company, Amyris Biotechnologies, Inc.

Green IPO Watch at Renewableenergystocks.com Reports on Filing for Alternative Fuel Company, Amyris Biotechnologies, Inc.




POINT ROBERTS, WA – April 19 2010 - www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within www.Investorideas.com,reports on the announced IPO for Alternative Fuel Company, Amyris Biotechnologies, Inc.. The Company has filed to trade under the symbol “AMRS”.


From the SEC Filing - AMYRIS BIOTECHNOLOGIES, INC.:

“Our objective is to become the leading provider of renewable specialty chemicals and transportation fuels worldwide”


Business Overview

Our Company

We are building an integrated renewable products company by applying our industrial synthetic biology platform to provide alternatives to select petroleum-sourced products used in specialty chemical and transportation fuel markets worldwide. We genetically modify microorganisms, primarily yeast, and use them as living factories in established fermentation processes to convert plant-sourced sugars into potentially thousands of target molecules. Our first commercialization efforts have been focused on a molecule called farnesene, which forms the basis for a wide range of products varying from specialty chemical applications such as detergents, cosmetics, perfumes and industrial lubricants, to transportation fuels such as diesel. We call these No Compromise® products because we design them to perform comparably to or better than currently available products. While our platform is able to utilize a wide variety of feedstocks, we have focused our initial research and development, business development and production operations on the use of Brazilian sugarcane as our primary feedstock because of its abundance, low cost and relative price stability. We intend to secure access to this feedstock and expand our production capacity in a “capital light” manner. Under this approach, we expect to work with Brazilian sugar and ethanol producers to build new, “bolt-on” facilities adjacent to their existing mills instead of building entirely new “greenfield” facilities, thereby reducing the capital required to establish and scale our production. Our first such arrangement is our joint venture with Usina São Martinho, a subsidiary of São Martinho S.A., one of the largest sugar and ethanol producers in Brazil.







Technology

We have developed genetic engineering and screening technologies that enable us to modify the way microorganisms, or microbes, process sugar. By controlling these metabolic pathways, we design microbes to serve as living factories, or biorefineries, to produce target molecules that we seek to commercialize. Our platform utilizes proprietary high-throughput processes to create and test as many as 1,000 yeast strains a day in order to select those yeast strains which are most efficient. We first developed and applied our technology to create microbial strains to produce artemisinic acid, a precursor of artemisinin, an anti-malarial therapeutic. This work was funded by a five year grant awarded by the Bill & Melinda Gates Foundation to the Institute for OneWorld Health. We have granted a royalty-free license to this technology to sanofi-aventis for the commercialization of artemisinin-based drugs.



Feedstock

We are focusing on Brazilian sugarcane as our primary feedstock. Brazil is the world’s largest producer of sugarcane, crushing over 600 million tons of sugarcane annually to provide feedstock to approximately 400 sugar and ethanol mills. According to UNICA, the Brazilian Sugarcane Industry Association, sugarcane is the lowest cost feedstock to produce renewable products at scale and using it enables us to leverage the established Brazilian infrastructure. Common to both our process and the sugarcane-to-ethanol process is the use of fermentation, a well-established process that combines a sugar source and yeast to produce beer, wine and, more recently, ethanol fuels. We plan to establish production capacity taking as input the same sugar source that is routinely processed by existing sugar and ethanol mills and directing it to customized fermentors, where it will be combined with our genetically engineered yeast.


SEC Filing: http://sec.gov/Archives/edgar/data/1365916/000119312510085595/ds1.htm


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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:

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Solar Stocks Commentary from J. Peter Lynch

Solar Stocks Commentary from J. Peter Lynch


Point Roberts, South Salem, New York- April 19, 2010 – www.Investorideas.com and its green investor portal, http://www.renewableenergystocks.com/, update investors with solar stocks commentary from contributor, J. Peter Lynch.

Solar Stocks Commentary with J Peter Lynch – read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com

http://www.renewableenergystocks.com/PL/

Subscribe to the Peter Lynch solar RSS feed

Current Status of Solar Stocks

Solar stocks did great for the first 12 months of the current bull market (3/09 – 3/10) – up an average of 124%. But as I mentioned in an earlier article the vast majority of that gain was centered in a 8 CHINESE stocks - CSIG,CSUN,JASO,LDK,SOLF,STP,TSL and YGE which were up an amazing 267.96% on average, certainly the major reason that the group as a whole was up 124%. Without the Chinese companies the solar group would have actually underperformed the major averages for that 12 month period.

Looking a bit deeper, OVER 50% of the 267.96% gain was from 2 stocks – CSIG and TSL. This is an extreme case of narrowing (2 of 21) leadership in a sector and is usually a bad sign for the sector. Also note that all of these “leaders” were Chinese companies, which indicates to me that the trend is clearly to LOWEST COST. Good for the Chinese companies, maybe not so good for U.S. and European based companies.

Looking at the first quarter of 2010 the numbers reflect this narrowing with solar sector underperforming the general market significantly.

Solar Stock Performance First Quarter 2010



All Solar Stocks Average -9.89%



Dow Jones +4.11%

S&P 500 +4.87%

NASDAQ +5.68%



So what does all this mean for the investor interested in the solar market sector?

1. It means that the industry is starting another transition phase in its long term growth. This is a period of “lowest cost wins” and of industry wide profit margin compression.



2. It means that because of these factors and probably a host of other factors (lower natural gas prices, uncertainly of government policy etc.) that the solar segment has been a lagging market sector and probably not one which is optimal at this time for new investment. Especially given the higher risk level that the general market is at now.



3. It also means, in my opinion, that the U.S. has to wake up and start to move forward NOW (instead of our “usual” approach of - thinking about having a meeting to discuss planning to do something maybe sometime in the future etc. etc. - i.e. all talk and very little action of any significance) with a strategy to compete with our lower cost Chinese friends. I do not think we can beat them at their own game – lowest cost via cheap labor etc. What we have to do NOW is to do what we do best – INNOVATE. This is the time for investment and focus on new technologies, “out of the box” technologies and not the same old thing. This is a time to increase focus, investment and activity NOT slow down and wait around for someone else to do something that we have historically always been the best at doing. The ball is in our court.



Mr. Lynch has worked, for 33 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: www.sunseries.net.



Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.



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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.com is compensated by featured green companies, news submissions and online advertising.

_________________________________________________________________________
News and Stories Published at Clean Energy Stocks Blog.
for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010.
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Green Stock; Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN)

New Showcase Green Stock; Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN)



Balqon Revenues for 2009 were $3,598,752, an increase of $3,395,092, or 1,667%, over revenues of $203,660 for 2008

Delta B.C/Point Roberts WA/., April 15, 2010 - www.InvestorIdeas.com and its leading green investor portals announce the recent addition of new showcase green stock, Balqon Corporation (OTCBB: BLQN), developer and manufacturer of zero emission heavy-duty electric trucks and tractors for both off-highway and on-highway applications.

Recent News:

Balqon Corporation (OTCBB: BLQN), Announces Record Revenue Growth in 2009
HARBOR CITY, Calif. - April 14, 2010 - Balqon Corporation (OTCBB: BLQN), an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced its financial results for the year ended December 31, 2009 on March 31, 2010. Revenues for 2009 were $3,598,752, an increase of $3,395,092, or 1,667%, over revenues of $203,660 for 2008. Full news: http://www.investorideas.com/CO/BLQN/news/4141.asp

About Balqon Corporation (OTCBB:BLQN) http://www.balqon.com/

Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation’s current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities.

Investors can view the full company profile for Balqon Corporation at:
http://www.investorideas.com/CO/BLQN/


Request news and stock alerts from Balqon Corporation
http://www.investorideas.com/Resources/Newsletter.asp

Balqon Corporation (OTCBB: BLQN) is a featured showcase green stock on our green investor portals:

http://www.renewableenergystocks.com/, http://www.fuelcellcarnews.com/
and http://www.environmentstocks.com/

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Disclaimer: / disclosure: The following company profile news for BLQN is a paid for submission. 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, company profile submissions and online advertising. Read more disclaimer and disclosure/ compensation disclosure at:
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Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
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Electric Vehicle Company, Balqon Corporation (OTCBB: BLQN), Announces Record Revenue Growth in 2009

Balqon Corporation (OTCBB: BLQN) Announces Record Revenue Growth in 2009

HARBOR CITY, Calif. - April 14, 2010 (http://www.investorideas.com/ renewable energy/green newswire) - Balqon Corporation (OTCBB: BLQN), an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced its financial results for the year ended December 31, 2009 on March 31, 2010. Revenues for 2009 were $3,598,752, an increase of $3,395,092, or 1,667%, over revenues of $203,660 for 2008. The increase in net revenues in 2009 is a direct result of the ramp up of our business in 2009 during which sales of our vehicles and parts increased by $3,148,798 over 2008. Balqon Corporation also reported a net loss of $3,015,405 for 2009, as compared to a net loss of $7,933,281 for 2008, a 62% decrease in the net loss. The $4,917,876 reduction in net loss during 2009 is primarily due to $5,940,713 of stock-based compensation expense incurred in 2008 as compared to no stock-based compensation expense in 2009.





The 5 Stocks to Own in 2010 -- Free Report!Between February 2, 2010 and April 12, 2010, Balqon raised $1,500,000 through the sale of its convertible notes and warrants to accredited investors in a private placement transaction. The proceeds of $1,500,000 are allocated to general working capital.



"We believe that the growth in our revenues in 2009 validates our ability to commercialize our core drive system technologies and meet the growing needs of the zero emission vehicle markets we serve," said Balwinder Samra, Chief Executive Officer of Balqon Corporation. "The successful implementation of higher range lithium-ion batteries into our heavy duty vehicles and development of proprietary battery management system are examples of our ability to develop and implement new technologies while generating record revenue growth," said Mr. Samra.



About Balqon Corporation



Balqon Corporation is a leading developer of heavy duty electric trucks, tractors and electric drive systems. The Company uses its proprietary flux vector motor technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment. Balqon Corporation's current product line of tow tractors are designed to transport containers at ports, marine terminals, rail yards, warehouses, intermodal facilities, military bases and mail facilities. For information about Balqon Corporation and its product offerings, visit www.balqon.com. Balqon Corporation's common stock trades on the OTC Bulletin Board under the symbol "BLQN."



Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995



With the exception of historical information, the matters discussed in this press release, including, without limitation, Balqon Corporation's ability to commercialize its core technologies and meet the growing needs of heavy-duty electric vehicle markets and its ability to ramp up production while at the same time implementing new technologies are forward-looking statements that involve a number of risks and uncertainties. The actual future results of Balqon Corporation could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, unforeseen technical issues; Balqon Corporation's ability to attract sufficient capital; the ability of Balqon Corporation to attract and retain talented individuals; adverse economic and market conditions; the projected future demand for Balqon Corporation's products; changes in technology and governmental regulations and policies; and other events, factors and risks previously and from time to time disclosed in Balqon Corporation's filings with the Securities and Exchange Commission, including, specifically, those factors set forth in the "Risk Factors" section of Balqon Corporation's Annual Report on Form 10-K for the year ended December 31, 2009 filed with the Securities and Exchange Commission on March 31, 2010.
full news and financial tables  - http://www.investorideas.com/CO/BLQN/news/4141.asp
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Germany1 Acquisition Ltd Changes Its Name to 3WPower Holdings Limited and Starts Trading under That Name on April 19

Germany1 Acquisition Ltd Changes Its Name to 3WPower Holdings Limited and Starts Trading under That Name on April 19

ZWANENBURG, The Netherlands--(Investorideas.com renewable energy/green newswire )Regulatroy News:

Germany1 Acquisition Limited (“Germany1” Euronext: “GAL1 S”), the holding company of AEG Power Solutions, today announced the approval of the resolutions of the Shareholders meeting of April 9.

Guernsey Shareholders Meeting of 9 April: Migration

The first of two extraordinary general meetings of shareholders to complete the migration of the registered office of Germany1 Acquisition Limited (the "Company") from Guernsey to Luxembourg (the "Migration") took place on 9 April 2010 at the registered office of the Company in Guernsey. The shareholders approved all resolutions proposed to them, including the following resolutions:
1. a special resolution to approve the change of the name of the Company from “Germany1 Acquisition Limited” to “3W Power Holdings Limited”;
2. a special resolution to approve the removal of the Company from the Register of Companies in Guernsey, for the purposes of the Migration; and

3. a special resolution to approve the move of the registered office of the Company from Guernsey to Luxembourg, pursuant to the Migration.

Luxembourg Shareholders Meeting
The Company will soon notify its shareholders of the second extraordinary general meeting of shareholders of 3W Power Holdings Limited (to be renamed 3W Power Holdings S.A.), which will be held in May 2010 to deliberate upon the following agenda:

1. transfer of the registered office of the Company from Guernsey to Luxembourg, ratification of the transfer of the place of the registered office and the principal place of business (principal établissement) of the Company from Guernsey to Luxembourg and change of the nationality of the Company;

2. adoption of the form of société anonyme for the purposes of Luxembourg law;

3. change of the name of the Company from 3W Power Holdings Limited into 3W Power Holdings S.A.;

4. determination of the share capital of the Company based on a par value of €0.25 per share to comply with Luxembourg companies law. This will result in a conversion of EUR 12,520,006 - share premium into the share capital of the Company;

5. confirmation of the valuation report of an independent auditor, all the assets and all the liabilities of the Company, without limitation, remaining in the ownership in their entirety of the Company by universal transfer of law (transfert d’universalité) and acknowledgement of the share capital of the Company;

6. adoption of the interim closing balance sheets of the Company;

7. adoption of the opening balance sheet and the accounts of the Company;

8. confirmation of the mandate of the members of the current board of directors;


9. appointment of the independent auditor;


10. determination of the registered office and address of the Company; and

11. complete restatement of the Company’s articles of incorporation.

Conversion of Class A Shares
As part of the acquisition of the AEG Power Solutions Group, the selling shareholders were issued shares in Germany1. These shares were divided equally into Class A and Class B shares and were subject, respectively, to lock up periods of six months and one year from the date of closing of the acquisition (10 September 2009). The six month period in respect of the Class A shares ended on 9 March 2010 and the Company is currently in the process of converting the Class A shares into ordinary shares of the Company.



These converted shares are expected to be admitted to listing and trading on Euronext Amsterdam by NYSE Euronext (“Euronext Amsterdam”) on or about 13 April 2010. As of today, 7,869,658 Class A shares have been converted to ordinary shares and will shortly be admitted to listing and trading on Euronext Amsterdam. The Company expects to complete the conversion of the remaining Class A shares in the coming weeks, following which these converted shares will also be admitted to listing and trading on Euronext Amsterdam. Following such completion, the aggregate amount of capital admitted to listing and trading on Euronext Amsterdam will amount to 39,225,558 ordinary shares, corresponding to an equal amount of voting rights.



Trading on Euronext Amsterdam under the new name “3W Power Holdings Limited”



Trading under the new name and new symbols on Euronext Amsterdam is expected to commence on 19 April 2010.



The ISIN numbers of the ordinary shares, being GG00B39QCR01, and the warrants, being GG00B39QCZ84, remain unchanged. The trading symbols for the ordinary shares and the warrants will become “3WP” and “3WPW” respectively as per 19 April 2010.



About AEG Power Solutions



AEG Power Solutions is a world leader in premium power electronics. It offers one of the most comprehensive product and service portfolios in the world in power supply and control, and caters to a customer base spanning the energy, telecom, transportation and general industry sectors. The company specializes in back-up power solutions for mission-critical facilities in harsh environments, such as nuclear power plants, offshore oil rigs and utility-scale renewable energy plants. It also provides solutions that will enable distributed power generation and smart, micro grids. AEG PS is renowned for engineering excellence and benefits from over a century of expertise. Based near Amsterdam in the Netherlands, the company has more than 1,500 employees in 16 countries and generated revenue of approximately €400 million in 2009.



AEG Power Solutions became a public company in 2009 following a business combination with Germany1 Acquisition Limited. Shares in the combined company are listed on Euronext Amsterdam under the ticker symbol “GAL1 S.”



For more information: www.aegps.com



This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of Germany1. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of Germany1 and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of Germany1 and the actual results of Germany1 may materially differ from the information expressed or implied in the forward looking statements. As a result, investors are cautioned against relying on the forward looking statements contained herein as a basis for their investment decisions regarding Germany1.





Germany1 undertakes no obligation to update or revise any forward looking statement contained herein.
_______________________________________________________
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Green Energy News; Ontario announces 184 large-scale renewable energy projects

Green Energy News; Ontario announces 184 large-scale renewable energy projects


TORONTO, April 8 ( Investorideas.com renewable energy/green newswire) More Ontario homes and businesses will soon be powered by green energy with the awarding of contract offers for almost 2,500 megawatts of renewable energy announced today by Ontario's Minister of Energy and Infrastructure, Brad Duguid. These projects, approved under the province's landmark Feed-in Tariff (FIT), are part of the largest green energy investment of its kind in Canadian history.

These projects are in addition to the 510 renewable energy contract offers totalling 112 megawatts (MW) approved last month.

"These projects are the latest accomplishments of the Green Energy Act which is making Ontario a place of destination for green energy development, manufacturing, and expertise." said Minister Duguid. "The investments generated by FIT will not only create green jobs, but will also build a coal-free legacy for future generations."


The 184 projects announced today will generate enough energy to power 600,000 homes. Located in communities across the province, the total 694 Feed-in Tariff (FIT) contract offers announced to date will create 20,000 direct and indirect green jobs and attract about $9 billion in private sector investment, as well as investment in new Ontario-based manufacturing.
"In six short months the Feed-in Tariff program has delivered strong results and has more than exceeded our expectations," said Ontario Power Authority CEO Colin Andersen.


Enabling community and aboriginal participation in renewable energy development is a key objective of the province's Green Energy Act. Thirty-six community and aboriginal projects will receive a first round FIT contract. These projects are located in communities throughout the province.

"I'm pleased to see aboriginal and local communities across Ontario as active participants in the green energy movement. Their leadership enhances Ontario's efforts to establish itself as a North American leader in renewable energy," said Minister Duguid.

Seventy-six of the approved projects are ground-mounted solar photovoltaic, 47 are on-shore wind and 46 are waterpower projects. There are also seven biogas, two biomass, four landfill gas, one roof top solar and one off-shore wind projects. Detailed information about the projects, including their locations, is available on the Ontario Power Authority's website at www.powerauthority.on.ca.

Significantly expanding the amount of renewable generation is a key part of the provincial government's strategy to address climate change by eliminating dirty coal-fired generation by the end of 2014. The FIT program's mandatory requirements for "made in Ontario" technologies and services also makes renewable generation a key part of the strategy to make the province North America's leader in green jobs and manufacturing.
Future transmission system expansion will open up capacity to accommodate more renewable projects. Projects that did not receive a first round FIT contract offer will now be put through what is called an Economic Connection Test (ECT) to identify transmission or distribution system expansion projects that support renewable generation and meet economic requirements. The first test will start in August/September. Renewable energy projects enabled by these expansions projects will be eligible for a FIT contract once work begins on the projects.

The Ontario Power Authority is responsible for ensuring a reliable, sustainable supply of electricity for Ontario. Its four key areas of focus are: planning the power system for the long term, leading and co-ordinating conservation initiatives across the province, ensuring development of needed generation resources, and supporting the continued evolution of the electricity sector.

additional quotes related to today's announcement can be found on the Feed-in Tariff website.
For further information: Media Contacts: Tim Butters, Ontario Power Authority, (416) 969-6307; Amy Tang, Office of the Honourable Brad Duguid, Minister of Energy and Infrastructure, (416) 327-6747

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Deepak Chopra – On the Environment, Efficient and Clean Energy

Deepak Chopra – On the Environment, Efficient and Clean Energy
From his book, “The Spontaneous Fulfillment of Desire”

April 7th

I thought I would share this with readers and investors.
Excerpt:
“If each of us could aspire to express the expanded self, and if we could share the knowledge and experience of our expanded selves with one another, perhaps we could create an environment based on respect for life, and achieve a restoration of balance in the oceans, the forests and the wilderness. This transformed environment would in turn, result in the simultaneous co-arising of events that would lead to a completely new world. On this ideal planet we would find peace of mind, a sense of the sacred, economic partnerships and prosperity, efficient and clean energy industries, a scientific understanding of the new reality, a flourishing of the arts and philosophy, and a true awareness of our inseparability. In such a society we would see clearly that love is the ultimate force at the heart of the universe.”


It’s an idealistic dream for today’s world but if you read the environmental headlines and see 90% of a lake disappear causing massive environmental damage – maybe we need to take heed and quickly!
Shrinking Aral Sea underscores need for urgent action on environment
http://www.investorideas.com/news/water/4051.asp

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Solar Stocks Sector Close- Up; Chinese Solar Stocks Up

Solar Stocks Sector Close- Up; Chinese Solar Stocks Up
DELTA, BC –April 7, 2010 – ( Investorideas.com renewable energy/green newswire) www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com presents a sector close-up for publicly traded Chinese solar stocks for April 7, 2010, as new analyst coverage creates a spike in shares .

Chinese Solar Stocks Sector Close-Up, Trading April 7th

China Sunergy Co., Ltd.(NasdaqGM: CSUN) trading up at $4.34, up $ 0.23 (5.60%) 11:55am ET

JA Solar (Nasdaq: JASO) trading at $ 6.13, up $ 0.46 (8.11%) 11:58am ET

LDK Solar Co. Inc. (NYSE:LDK) trading up at $6.99, up $ 0.22 (3.25%)

Solarfun Power Holdings Co., Lt (NasdaqNM:SOLF) trading up at $8.45, up $ 0.50 (6.29%) 12:12PM ET

SunPower Corporation (NasdaqGS: SPWRA) trading at $ 19.01, up $ 0.20 (1.06%) 12:06pm ET

SunPower Corporation (NasdaqGS: SPWRB) trading at $ 16.94, up $ 0.12 (0.71%) 11:29am ET

Trina Solar Limited (NYSE: TSL) trading at $26.12, up$0.92 (3.65%)

Yingli Green Energy (NYSE: YGE) trading at $13.00, up $ 0.54 (4.33%) 12:04pm ET



Recent related China renewable energy news :

China Leads G-20 Members in Clean Energy Finance and Investment
http://www.investorideas.com/news/renewable-energy/3301.asp

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

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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.



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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising.

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Cleantech Investor News; Energy Recovery Inc’s (NASDAQ:ERII) PX Devices Implemented at Majority of Desalination Plants Throughout Cyprus

Cleantech Investor News; Energy Recovery Inc’s (NASDAQ:ERII) PX Devices Implemented at Majority of Desalination Plants Throughout Cyprus

Industry-Leading Energy Recovery Devices Significantly Reduce Energy Usage and Operational Costs to Help Deliver Clean, Fresh Water
SAN LEANDRO, Calif.--(Investorideas.com renewable energy/green newswire )--Energy Recovery, Inc. (NASDAQ: ERII), a leader in the design and development of energy recovery devices for desalination, today announced that the company’s leading PX Pressure Exchanger™ (PX™) energy recovery devices have been implemented or contracted at five seawater reverse osmosis (SWRO) desalination plants across Cyprus. By reducing the energy consumed during the SWRO desalination process by up to 60 percent, Energy Recovery is currently helping to cost-effectively deliver more than 140,000 m3 (37.1 million gallons) of clean, fresh water per day to the people of Cyprus.



“We have been working with Energy Recovery for more than nine years, and rely on the company’s PX technology to assist us to provide clean, affordable water to the people of Cyprus”

.“We have been working with Energy Recovery for more than nine years, and rely on the company’s PX technology to assist us to provide clean, affordable water to the people of Cyprus,” said Olga Sallangos, plant manager at the Dhekelia Desalination Plant, a 60,000 m3/day (15.9 million gallons) facility built by the Caramondani Group. “Energy Recovery’s PX devices offer superior performance, and the company provides excellent technical services and support. We made a strategic decision to replace legacy devices with PX technology from ERI, and as a result, we have reduced our energy costs by approximately 0.5 kWh per cubic meter, helping to establish desalination as the long-term, sustainable solution to address water scarcity in Cyprus.”
In addition to the Dhekelia facility, Energy Recovery’s PX devices are implemented at desalination plants at Moni (20,000 m3/day) and in Larnaca (60,000 m3/day), and they are also under contract to be installed in the plants in Paphos (40,000 m3/day) and Episkopi (40,000 m3/day), both of which are currently under construction. To watch a video about how the Dhekelia Desalination Plant is using Energy Recovery’s PX devices, please visit: http://www.energyrecovery.com/index.cfm/0/0/111-Seawater-Desalination-Videos.html.

“Energy Recovery has been integral to the success of desalination in Cyprus for quite some time, and having our technology implemented in all five SWRO desalination facilities there is testament to the superior performance, reliability and energy-savings benefits that our PX devices continue to provide,” said Emad Al Sharif, Energy Recovery’s global director of sales for the OEM group, a team that focuses on serving customers and projects that require a production capacity below 50,000 m3 (13 million gallons) per day.

Energy Recovery's PX devices operate at up to 98 percent efficiency and reduce the energy consumption of SWRO systems by up to 60 percent, making desalination a cost-effective solution for clean water supply. PX devices also reduce the carbon footprint of desalination, saving more than 900 MW of energy and reducing CO2 emissions by more than 4.7 million tons per year worldwide. More than 10,000 PX devices are currently deployed or under contract to be installed at desalination plants across the globe. For more information about Energy Recovery's PX Pressure Exchanger technology, visit http://www.energyrecovery.com or send an email to info@energyrecovery.com.

About Energy Recovery, Inc.
Energy Recovery, Inc. (NASDAQ:ERII) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. Energy Recovery technologies include the PX Pressure Exchanger™ (PX™) device for desalination and the Turbocharger hydraulic turbine energy recovery device and pump for desalination, gas and liquid processing applications. In total, Energy Recovery helps reduce CO2 emissions by more than 4.7 million tons per year and produce 1.6 billion gallons of potable water per day. The company is headquartered in the San Francisco Bay Area with offices in Detroit and in key desalination centers worldwide, including Madrid, Shanghai, and the United Arab Emirates. For more information about Energy Recovery, Inc. please visit www.energyrecovery.com.

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Energy Stock News; Constellation Energy (NYSE: CEG) Completes Acquisition of Criterion Wind Project in Western Maryland

Energy Stock News; Constellation Energy (NYSE: CEG) Completes Acquisition of Criterion Wind Project in Western Maryland


BALTIMORE--(Investorideas.com renewable energy /green newswire )--Constellation Energy (NYSE: CEG) today announced it has closed its agreement with Clipper Windpower, Inc., to acquire the Criterion wind project in Garrett County, Md., and to purchase 28 Clipper Liberty 2.5-megawatt wind turbines for the project. The 70-megawatt project will be developed, constructed, owned and operated by Constellation Energy. It is estimated that up to 125 new jobs will be created during peak construction. Commercial operation of the wind energy facility is anticipated by year-end.

“Maryland’s clean energy goals are among the most ambitious in the nation and we’re committed to working with the state to achieve them by investing in an array of solar, wind, biomass and other sustainable energy projects”

.“Maryland’s clean energy goals are among the most ambitious in the nation and we’re committed to working with the state to achieve them by investing in an array of solar, wind, biomass and other sustainable energy projects,” said Kathleen W. Hyle, senior vice president, Constellation Energy, and chief operating officer, Constellation Energy Resources. “The market for clean energy products and services is growing rapidly in Maryland and across competitive energy markets nationwide. Investments in sustainable energy sources improve the environment by reducing carbon emissions, spur much-needed job growth and allow us to broaden our clean energy product offerings for customers.”

Constellation Energy intends to complete the project in an environmentally responsible manner with special attention to avoid, minimize and mitigate any potential wildlife impacts from the project. The company will continue to work with state and federal agencies as part of this effort and plans to apply for an “incidental take” permit from the U.S. Fish and Wildlife Service.

The project has entered into a 20-year power purchase agreement with the Old Dominion Electric Cooperative for energy and renewable energy credits produced by the wind facility. Old Dominion is a not-for-profit wholesale power provider serving public electric cooperatives in Maryland, Delaware and Virginia.

Constellation Energy’s growing clean energy portfolio includes approximately 1,000 megawatts of renewable power generation owned or under contract from sources including utility-scale solar, hydro, geothermal and biomass power plants. Constellation Energy also works with commercial customers to develop distributed solar solutions. Approximately 25 megawatts of solar installations owned and operated by Constellation Energy have been completed or are under development for customers ranging from universities to state government agencies, as well as an array of retail and industrial businesses.



About Constellation Energy
Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 7,100 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $15.6 billion in 2009. _____________________________________________________
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Nanotech Stock Directory Features publicly traded companies developing new technology in Renewable Energy, Homeland Security, Biotech, Water

Nanotech Stock Directory Features publicly traded companies developing new technology in Renewable Energy, Homeland Security, Biotech, Water and other sectors



Delta B.C. – March 31, 2010 www.NanotechnologyInvestment.com, a leading investor and industry portal for the Nanotechnology sector, within Investorideas.com announces the updated nanotech stocks directory for investors.

The directory features global nanotech publicly traded companies that are developing new technology in energy, Homeland Security, Biotech, water and other sectors.


Nanotech Stock List April 2010
http://www.investorideas.com/Nanotechnology/Stocks_List.asp

Preview:

3M Co. (NYSE:MMM) 3M scientists and researchers are exploring a new world at the nanometer level, where materials exhibit unique physical, chemical and biological properties. These unusual properties are already being exploited in our hard coatings, dental restoratives and brightness-enhancing optical films (used in LCD displays). Many 3M technology platforms, including adhesives and pharmaceuticals, are being influenced by the emergence of nano-sized particles.

A123 Systems, Inc. (NasdaqGM:AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.

ABB Ltd. (NYSE:ABB) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in some 100 countries and employs approximately 120,000 people. The ABB Corporate Research facilities in both Sweden and Poland are currently working on nanotechnology and advanced materials technologies.

Abraxis Bioscience (NasdaqGS:ABII) is a fully integrated biotechnology company dedicated to delivering progressive therapeutics and core technologies that offer patients and medical professionals safer and more effective treatments for cancer and other critical illnesses. The Abraxis portfolio includes the world's first and only protein-based nanoparticle chemotherapeutic compound (ABRAXANE) which is based on its proprietary tumor targeting system known as the nab™ Technology platform.

Accelrys (NasdaqGM:ACCL) develops scientific business intelligence software and solutions for the life sciences, energy, chemicals, aerospace, and consumer products industries. Our customers include many Fortune 500 companies and other commercial entities, as well as academic and government entities. The Accelrys Nanotechnology Consortium has delivered a range of cutting-edge software tools to meet the challenges of rational nanodesign. Following a very successful Phase I, supported by over 30 members worldwide, Phase II is now under way. Phase II focuses on developing tools and protocols that bridge the gap between atomistic simulations and engineering applications in the area of reaction kinetics. Key areas of development include QM/MM hybrid methods, Tight Binding DFT, reaction rate constant calculations by means of Transition State Theory, and Kinetic Monte Carlo simulation. The tools developed support research in a range of areas but specificially in surface and iinterface phenomena such as adhesion, coatings and heterogeneous catalysis.

Nanotechnology Stocks Directory: Investorideas.com global stock directory of publicly traded nanotech stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Directory includes nanotech- biotech companies, nanotech water and renewable energy companies and more. Directory features company description, stock symbol and hyperlink to recent quote and info, link to website and more. http://www.investorideas.com/Nanotechnology/Stocks_List.asp
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Cleantech Investment News; China Leads G-20 Members in Clean Energy Finance and Investment

Cleantech News; China Leads G-20 Members in Clean Energy Finance and Investment

Washington, DC - -(Investorideas.com renewable energy/ green newswire) For the first time, China led the United States and other G-20 members in 2009 clean energy investments and finance, according to data released today by The Pew Charitable Trusts. Last year, China invested $34.6 billion in the clean energy economy – nearly double the United States’ total of $18.6 billion. Over the last five years, the United States also trailed five G-20 members (Turkey, Brazil, China, the United Kingdom, and Italy) in the rate of clean energy investment growth.


In Who’s Winning the Clean Energy Race? Growth, Competition and Opportunity in the World’s Largest Economies (PDF),http://www.pewtrusts.org/uploadedFiles/wwwpewtrustsorg/Reports/Global_warming/G-20%20Report.pdf Pew examines key financial, investment and technological trends related to G-20 members and the clean energy economy. The report tracks and measures global investment activity – ranging from venture capital, initial public offerings from companies seeking to expand, mergers and acquisitions and lending for large-scale projects – in this sector. Pew found that the global clean energy economy has experienced remarkable growth:

Globally, clean energy investments have increased 230 percent since 2005.

Investment by nearly all G-20 members grew by more than 50 percent over the past five years.

Despite a worldwide recession, global clean energy investments reached $162 billion in 2009.

G-20 members accounted for more than 90 percent of worldwide clean energy finance and investment.

More than 250 gigawatts of renewable energy generating capacity have been installed around the world, producing six percent of global energy.

Global clean energy investments are projected to reach $200 billion in 2010.

“Even in the midst of a global recession, the clean energy market has experienced impressive growth,” said Phyllis Cuttino, who directs the Pew Environment Group’s Global Warming Campaign. “Countries are jockeying for leadership. They know that investing in clean energy can renew manufacturing bases, and create export opportunities, jobs and businesses.”



“The facts speak for themselves,” said Bloomberg New Energy Finance Chief Executive Michael Liebreich. “2009 clean energy investment in China totaled $34.6 billion, while in the United States it totaled $18.6 billion. China is now clearly the world leader in attracting new capital and making new investments in this area.”

Countries with strong nationwide policy frameworks, including renewable energy standards, carbon markets, priority loans for renewable energy projects and mandated clean energy targets, such as China, Brazil, Spain, United Kingdom and Germany, have the most robust clean energy sectors as a percentage of their economies. Countries without such policy frameworks including the United States, Japan, and Australia lag behind.

“The United States’ competitive position is at risk in the emerging clean energy economy,” said Cuttino. “Our nation has a critical choice to make: pass the federal policies necessary to position us as the world leader in the large and growing global clean energy market or continue to watch as China and other countries race ahead.”



The United States’ clean energy finance and investments lagged behind 10 G-20 members in percentage of gross domestic product. For instance, in relative terms, Spain invested five times more than the United States last year, and China and the United Kingdom three times more.



The United States did lead G-20 members in venture capital and private equity investments associated with technology innovation. However, it trailed in 2009 asset financing, with only $11.2 billion, while China led with $29.8 billion. Asset financing serves as a key barometer of clean energy deployment, job creation and business growth.



Pew published Who’s Winning the Clean Energy Race? to highlight how G-20 members are participating and where they rank in the clean energy economy. The data have been compiled and reviewed by Pew’s research partner, Bloomberg New Energy Finance, the world’s leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, and carbon capture and storage. The report’s primary focus is on investment as it is the fuel that propels the innovation, commercialization, manufacturing and installation of clean energy technologies.

http://www.pewtrusts.org/

Contact: Brandon MacGillis, 202.887.8830 and Nicolle Grayson, 202-540-6347
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Green Car News; FedEx (NYSE: FDX) Introduces First All-Electric Trucks To Be Used in the U.S. Parcel Delivery Business

Green Car News; FedEx (NYSE: FDX) Introduces First All-Electric Trucks To Be Used in the U.S. Parcel Delivery Business



New Clean-Technology Navistar Vehicle to Debut on Road Show Following Iconic Route 66

CHICAGO--(Investorideas.com renewable energy/green newswire )--FedEx Corp. (NYSE: FDX) today announced the expansion of its alternative-energy vehicle fleet with the first all-electric FedEx parcel delivery trucks in the United States. Four purpose-built electric trucks—optimized for electric operation from the wheels up—are slated to hit the road in the Los Angeles area starting in June 2010, joining more than 1,800 alternative-energy vehicles already in service for FedEx around the world.



“In 2004, we were the first global company to invest in hybrid-electric commercial trucks, and now we’re introducing the even cleaner all-electric parcel delivery truck. We’re making these investments, and invite others to join us, so that together we can speed the transition to a cleaner transportation system.”

.“FedEx has a history of changing what’s possible, both in the innovative services we offer customers and in the way we offer those services,” said John Formisano, vice president, Global Vehicles, FedEx Express. “In 2004, we were the first global company to invest in hybrid-electric commercial trucks, and now we’re introducing the even cleaner all-electric parcel delivery truck. We’re making these investments, and invite others to join us, so that together we can speed the transition to a cleaner transportation system.”

Rather than creating its own proprietary technology, FedEx is again turning to the marketplace to spur solutions that can rapidly be scaled up to provide affordable and reliable service to a wide range of delivery truck operators. It is purchasing its first North American all-electric vehicles from two different suppliers to evaluate the robustness of this technology for demanding daily FedEx Express deliveries in the Los Angeles area and provide information to help guide future FedEx vehicle purchases.

Two of the new all-electric trucks come from Navistar, and are being assembled in Indiana. These are based on the Modec design already operated by FedEx in Europe. Ten such Modec vehicles serve FedEx routes in London and five more are on order for Paris.



Another pair of electric vehicles is being purchased from a different manufacturer for delivery to the Los Angeles area later in 2010. Both sets of electric vehicles are designed with a range that allows many FedEx Express couriers to make a full eight-hour shift of deliveries before their vehicles need recharging.



A FedEx-branded prototype all-electric truck from Navistar is being unveiled today at an event in Chicago to kick-off a demonstration tour of the technology. The vehicle will be operated for FedEx customers, employees, and local officials in several stops along historic Route 66 between Chicago and Los Angeles.



The “Charge Up Route 66” tour is intended to pay homage to America’s transportation past and the facilitation of inter-city commerce furthered by development of early highways such as Route 66. The electric truck demonstration tour is also designed to underscore a national initiative advocated by Frederick W. Smith, president, chairman and CEO of FedEx Corp., in testimony to a U.S. Senate subcommittee last month. Smith called for a comprehensive program to encourage affordable electrification of local transportation to foster more domestic energy production, less reliance on imported petroleum, and an overall reduction of greenhouse gas emissions.



Once in California, the Navistar electric truck will be demonstrated at the FORTUNE Brainstorm Green conference, an environmental leadership event scheduled April 12-14 and featuring a presentation by Mitch Jackson, vice president, environmental affairs and sustainability, FedEx Corp. To track the vehicle’s route, visit http://www.fedex.com/electric.



“Electric trucks are still in their infancy, but we think they have a bright future in the mix of alternative energy vehicles,” Jackson said. “Reliability and maintainability is critical for FedEx because of our commitment to superior customer service, so we’ll be giving these trucks a real workout, helping the manufacturers refine their future offerings. Down the road, we see the possibility of charging electric vehicle fleets with low- or zero-emission electricity generated on site by such innovations as solar electric arrays, like those at FedEx locations in California, New Jersey and Germany, or the Bloom Energy Server, another new technology we’re helping to pioneer through evaluating it at our solar-powered hub in Oakland.”



By the end of June, the FedEx alternative energy fleet will have grown to 1,869 vehicles in service around the world, helping to diversify and expand the all-electric and hybrid-electric vehicle market around the globe. Beyond the nine new electric trucks to be deployed in Los Angeles and Paris, FedEx has purchased ten additional hybrid-electric vehicles that will be added to its California fleet throughout the spring, based in Oakland.



FedEx currently operates the largest hybrid fleet in the transportation industry, along with one of the largest alternative energy vehicle fleets, and is committed to improving its overall vehicle fuel efficiency 20 percent by 2020. In conjunction with Environmental Defense Fund, FedEx led the launch of the development of the first commercial-grade hybrid-electric delivery vehicles. That hybrid-electric technology has now been adopted by more than 100 fleets, and the FedEx hybrid vehicle fleet recently passed the five million mile mark in daily service—the equivalent of 200 trips around the Equator. FedEx also works closely with organizations like CALSTART, North America’s leading consortium dedicated to the growth of a clean transportation technologies industry, to encourage the development of market-ready alternative energy commercial vehicles. John Formisano is currently the chairman of the CALSTART board after five years of service as a board member.



About FedEx Sustainability



FedEx is committed to connecting the world responsibly and resourcefully. We have set long-term goals to reduce aircraft emissions 20 percent by 2020, increase FedEx Express vehicle efficiency by 20 percent by 2020, and expand on-site renewable energy generation and procurement of renewable energy credits. FedEx works to achieve these ambitious goals through EarthSmart—the FedEx roadmap for operating in an increasingly sustainable way and engaging our team members, customers, business partners, and the circle of influencer communities to help us reduce the environmental impact of our daily business operations. FedEx has been recognized for its sustainability commitment through inclusion in the Dow Jones Sustainability Index—a global list of the world’s largest, most sustainable organizations—and ranks #93 in Newsweek’s 2009 Top 500 Greenest Companies.


About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 280,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.


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