Monday, July 19, 2010
InvestorIdeas.com News - Solar Stocks Start to show Signs of Life; FSLR, JASO, SOL, SOLF, TSL and YGE show Positive Momentum
Solar Stocks Commentary from J. Peter Lynch
Point Roberts, South Salem, New York - July 19, 2010 - Investorideas.com and its green investor portal, http://www.renewableenergystocks.com/ report on new solar stocks commentary from solar contributor, J. Peter Lynch,“ Solar stocks show signs of life.”
Solar Stocks Commentary with J Peter Lynch -Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com: http://www.renewableenergystocks.com/PL/
Exclusively for InvestorIdeas.com and Renewableenergystocks.com
Since the market peaked in late April the market has been struggling to keep its head above water. There is a lot of fear out there and when markets are acting like they currently are – i.e. multiple series of lower tops and lower bottoms – it is NOT a good sign. It is still possible that this is the long awaited correction and not the beginning of a much deeper slide. It IS, without question, a time for extreme caution and not a time to initiate new positions, unless you are a trader and move in and out of stocks on a daily or weekly basis.
However amid this confusing and downward trending market the solar sector has been showing some signs of life. Since the second week in July a number of solar stocks have turned the corner and started to show positive momentum. These stocks are: FSLR, JASO, SOL, SOLF, TSL and YGE. If the market is indeed in a correction and not the start of something worse – these stocks appear to have the best chance of becoming the sector leader when the market uptrend begins again. In addition, these stocks are also the stocks in the sector that have the highest relative strength toward their peers in the solar sector – another good sign.
Below is a table which shows the sectors performance since June 1 2010 and from the beginning of the year. You can see that some of these stocks are also the best performing stocks and some have actually shown a positive return year to date.
see tables at : http://www.investorideas.com/PL/news/7191.asp
Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst an investment banker and private 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 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and advisor to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy – http://www.sunseries.net/
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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.
Research solar stocks : Visit the renewable energy stocks directoryhttp://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Our Green Investor Portals:http://www.renewableenergystocks.com/ is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.
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Friday, July 16, 2010
Investorideas.com - OTC Volume Leaders; Most Active ($5.00-$10.00): (OTCBB: EVCPD), (OTCBB: NEWN), (OTCBB: ECOH), (OTCBB: BSCA); Cleantech, Lithium Stocks, China Stocks Lead
OTC Volume Leaders; Most Active ($5.00-$10.00): (OTCBB: EVCPD), (OTCBB: NEWN), (OTCBB: ECOH), (OTCBB: BSCA); Cleantech, Lithium Stocks, China Stocks Lead
Note to Editors: The Following Is an Investment Opinion Being Issued by OTC VOLUME LEADERS
Visit this company: www.otcvolumeleaders.com
Point Roberts, WA (Investorideas.com Newswire) July 16, 2010 - OTC VOLUME LEADERS reports on the most active trading stocks on the OTCBB. OTC Volume leaders ($5.00-$10.00) include CleanTech Innovations Inc) : (OTCBB: EVCPD) , New Energy Systems Group (OTCBB: NEWN), AIVtech International Group Co (OTCBB: ECOH) and Bank of Santa Clarita (OTCBB: BSCA).
Sectors Include cleanech, lithium stocks, China stocks and banking stocks.
To sign up for free Newsletter http://bit.ly/otcvolumeleaders
OTC / Market Commentary:
OTCBB volume leader CleanTech Innovations, Inc. (OTCBB: EVCPD) designs and manufactures high performance clean technology products that promote renewable energy generation, energy savings and pollution reduction. CleanTech's products include wind turbine towers, bellows expansion joints and pressure vessels, which are broadly used in the wind power, steel, coking, petrochemical, high voltage electricity transmission and thermoelectric industries.
Market Snapshot: (at time of release)
Dow 10,126.39 -232.92 -2.25%
NASDAQ 2,189.38 -59.70 -2.65%
S&P 500 1,068.90 -27.58 -2.52%
10 Yr Bond (%) 2.9290% -0.4900
Oil 75.73 -0.93 -1.21%
Gold 1,188.00 -20.10 -1.66%
OTCBB Investors: Take the few minutes to register with us at To sign up for free Newsletter http://bit.ly/otcvolumeleaders and get access to info on hundreds of the most active OTCBB companies and keep up to date with developments of the companies.
OTC VOLUME LEADERS provides investors with daily market updates showcasing the most actively traded OTCBB Companies. We strive to provide you with the most up-to-date market information and activity by searching through hundreds of OTCBB companies in order to provide you information on the best of these companies. The goal is to continually find tomorrow’s market leading companies, today!
OTCVolumeleaders.com has not been compensated by any of the above mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks.
Please view the full disclaimer: http://www.otcvolumeleaders.com/Source http://www.otcvolumeleaders.com/
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Published at www.Investorideas.com - Global research by sectors
If you have any questions regarding information in this press release please contact the company listed in the press release.
Electric Vehicle Stock News, Tesla (Nasdaq: TSLA) on the move, trading at $20.96, up $1.07 (5.38%)
EVCARCO (OTCBB: EVCA) Expands Global Operations with the Opening of Latin American Alternative Vehicle Advisory to South American Countries
July16 , 2010 - ( Investorideas.com renewable energy/green newswire ) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on recent green car stock news for investors following the sector.
Tesla Motors, Inc. (Nasdaq: TSLA) has given investors a wild ride following its IPO success, then dropping below its IPO price and now racing ahead again, trading at $20.96, up $1.07 (5.38%) 10:54AM EDT.
*Electric Car News; Tesla Motors (Nasdaq: TSLA) and Toyota Motor Corporation Formalize Agreement to Develop Electric Version of RAV4
-Tesla Motors, Inc. (Nasdaq: TSLA) and TOYOTA MOTOR CORPORATION (TMC) today announced that the two companies have signed an agreement to initiate the development of an electric version of the RAV4 as announced in May of this year by Elon Musk and Akio Toyoda. With an aim to market the EV in the United States in 2012, prototypes will be made combining the Toyota RAV4 model with a Tesla electric powertrain. Tesla plans to produce and deliver a fleet of prototypes to Toyota for evaluation within this year. The first prototype has already been built and is now undergoing testing.
Read full news: http://www.investorideas.com/news/renewable-energy/7161.asp
About Tesla Motors, Inc.
Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
*EVCARCO Board Approved Expansion to South America as Market for Alternative Energy Vehicles Receives Massive Government Support
DALLAS, TX and LIMA, PERU and BOGOTA, COLOMBIA - July 15, 2010 (Investorideas.com Newswire) - EVCARCO (OTCBB: EVCA), a publicly held company in alternative energy vehicles, announced today the board of directors has approved the expansion of EVCARCO operations into South America. The company has appointed Bogota, Colombia as its base of operations for the Texas Corporation
The company, which is focused on alternative energy vehicles, has seen a dramatic increase in inquires from South America as well as specific government requests to supply all electric units for fleet use.
Scott ONEAL, COO, stated, "After visiting South America, and meeting in Colombia with government officials I was impressed at the willingness and Desire to create alternative energy fleets in several branches of government. It is the perfect time for EVCARCO to expand into these countries, noting that in some countries gas prices are nearly double U.S. regulated prices, making alternative fuel options financially viable even in developing nations.
Full news : http://www.investorideas.com/CO/EVCA/news/7151.asp
About EVCARCO
EVCARCO (www.evcarco.com) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
More green investing info:
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and http://www.investorideas.com/GI/
Research green stocks with the renewable energy stocks directory:
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
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Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , http://www.environmentstocks.com/
And www.Water-Stocks.com
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 green companies including in this article EVCARCO (OTCBB: EVCA), news submissions and online advertising. Disclosure .
To become a showcase company, contact us below.
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Source: www.Investorideas.com
Thursday, July 15, 2010
Green Car News; EVCARCO (OTCBB: EVCA) Expands Global Operations With the Opening of Latin American Alternative Vehicle Advisory to South American Countries
EVCARCO Board Approved Expansion to South America as Market for Alternative Energy Vehicles Receives Massive Government Support
DALLAS, TX and LIMA, PERU and BOGOTA, COLOMBIA - July 15, 2010 (Investorideas.com renewable energy/green newswire) - EVCARCO (OTCBB: EVCA), a publicly held company in alternative energy vehicles, announced today the board of directors has approved the expansion of EVCARCO operations into South America. The company has appointed Bogota, Colombia as its base of operations for the Texas Corporation.
The company, which is focused on alternative energy vehicles, has seen a dramatic increase in inquires from South America as well as specific government requests to supply all electric units for fleet use.
Scott ONEAL, COO, stated, "After visiting South America, and meeting in Colombia with government officials I was impressed at the willingness and Desire to create alternative energy fleets in several branches of government. It is the perfect time for EVCARCO to expand into these countries, noting that in some countries gas prices are nearly double U.S. regulated prices, making alternative fuel options financially viable even in developing nations.
EVCARCO plans to introduce the following elements to South America:
Government alternative energy advisory
Public and commercial electric vehicles
Mass transit alternative fuel units
All electric taxi and high use units
Other viable electric vehicle transportation
Dale Long, CEO, stated, "The environment is a global problem which is why we are looking at areas that need our products the most, when we look at Mexico City, Mexico with a 28 million population or Lima, Peru, we see huge requirement for real World Solutions, which is why we are now poised to enter the market."
At the time of print EVCARCO has key executives creating alliances with South American governments for long range programs aimed at fossil fuel reduction and adoption of electric vehicles.
To view more information about EVCARCO Click here:
http://www.evcarco.com/media.htm
About EVCARCO
EVCARCO (www.evcarco.com) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
Forward-Looking Statement
This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking
EVCARCO Contacts:
Richard Griffiths
Press and media
800-486-3404
Investor Relations Contact
Peter Hirsch
General Counsel/Investor Relations
800-960-9663
Visit the EVCA showcase profile at Investorideas.com
Request News and Info on EVCA Disclosure, Disclaimer/ EVCA is a paid advertising client on Investorideas.com and our renewable energy portals.
Published at www.Investorideas.com - Global research by sectors
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Sunday, July 04, 2010
Deepwater Rising ; Calling out to Nations to Make a Clean Start ...
Calling out to Nations to Make a Clean Start
July 4, 2010 ( Investorideas.com cleantech blog ) Investorideas.com and its cleantech blogs and portals are pleased to present the music video , Deepwater Rising; an original Acoustic by Taylor Van Zant about the Gulf Coast Oil Spill and a cry out to nations to make a clean start.
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links.
Cleantech Investors can follow solar stocks commentary with solar expert, J. Peter Lynch in addition to Hydro Commerce Corner, where water meets Wall Stree with Bill Brennan.
Mr. Lynch has worked, for 31 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.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.comAnd www.Water-Stocks.com
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Visit and join the Renewable Energy Stocks Group on www.linkedin.com -This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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 green companies, news submissions and online advertising.
Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.Investorideas.com
Wednesday, June 30, 2010
Investorideas.com - Renewable Energy Stocks; Tesla Motors, Inc. (Nasdaq: TSLA) and Broadwind Energy (NasdaqGS: BWEN) in Top 5 Most Advanced on NASDAQ
June 30, 2010 (Investorideas.com renewable energy/green newswire, www.renewableenergystocks.com) - Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for June 30th. Two of the Most Advanced gainers at NASDAQ include green stocks Tesla Motors, Inc. (Nasdaq: TSLA) and Broadwind Energy (NasdaqGS: BWEN) as of 6/30/2010 12:50:00 PM.
About Broadwind Energy, Inc.
Broadwind Energy, Inc., (NasdaqGS: BWEN) based in Naperville, Illinois, provides technologically advanced high-value products and services to the U.S. wind energy industry. Broadwind’s product and service portfolio provides customers, including wind turbine manufacturers, wind farm developers and wind farm operators, with access to a broad array of wind component and service offerings. These product and service offerings include wind turbine gearing systems, wind turbine towers, industrial products, technical services, Precision Repair and Engineering services, and logistics.
About Tesla Motors, Inc.
Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
More info:Green and alternative energy investors can research wind stocks and energy efficient stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The 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.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at:www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory:(http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.comAnd www.Water-Stocks.com
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Renewable Energy Stocks Group on www.linkedin.com -This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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 green companies, news submissions and online advertising.
Disclosure. Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Investorideas.com - Renewable Energy Stocks; Tesla Motors, Inc. (Nasdaq: TSLA) up 40% First Day in Trading ; Follows with Impressive Gains in Morning Trading
Will Tesla Motors, Inc. (Nasdaq: TSLA) Drive Green Investors Back into the Market?
Visit this company: www.teslamotors.com
June 30, 2010 - (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for the morning of June 30th. Electric car company, Tesla Motors, Inc. (Nasdaq: TSLA) is driving green investors back into the market following a 40% gain on its IPO debut.
What made it more impressive was to see the IPO perform so well on a bad trading day in markets overall.
The Tesla initial public offering of 13,300,000 shares of its common stock was priced to the public of $17.00 per share. The stock is currently trading at $26.75, up $ 2.86 (11.97%) 9:59AM EDT, trading as high as $27.44.
Tesla Motors, Inc. (Nasdaq: TSLA) is also one of the top trending searches on Yahoo.com.
About Tesla Motors, Inc.Tesla Motors, Inc. (Nasdaq: TSLA) designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
More info for Green investors:
Green investors can research green automotive stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO's or reverse mergers and enter the sector.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at:www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory:(http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.comAnd www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
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Cleantech Investor Member Network at Socialgo.comhttp://investorideas.socialgo.com/A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com -This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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 green companies, news submissions and online advertising.
Disclosure. Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Tuesday, June 29, 2010
Investorideas.com - Renewable Energy Stocks are Electric Green as Tesla Motors, Inc. (Nasdaq: TSLA) Trades Up on Market Debut
Visit this company: www.teslamotors.com
June 29, 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for June 29th. Electric car company, Tesla Motors, Inc. (Nasdaq: TSLA) market debut had no brakes as trading near the end of the day moved the stock up significantly from its IPO price. The stock was trading at $21.2, up $ 4.25 (25.00%) at 2:43PM EDT.
(Nasdaq: TSLA) News:Tesla Announces Pricing of Initial Public Offering
Tesla Motors, Inc. (Nasdaq: TSLA), a manufacturer of highway-capable fully electric vehicles and electric vehicle powertrain components, today announced its initial public offering of 13,300,000 shares of its common stock at a price to the public of $17.00 per shareSee full news: http://www.investorideas.com/news/renewable-energy/6291.asp
Green and alternative energy investors can research green automotive stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The 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.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at:www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory:(http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories.
http://www.investorideas.com/membership/
About Our Green Investor content:Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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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 green companies, news submissions and online advertising.
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Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Investorideas.com - Green IPO Watch at Renewableenergystocks.com Reports; Electric Car Company Tesla (Nasdaq: TSLA) Announces Pricing of IPO
Visit this company: www.RenewableEnergyStocks.com
June 29, 2010 - (Green IPO news at Investorideas.com) www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, reports that electric vehicle company Tesla Motors, Inc, (Nasdaq: TSLA), announces the pricing of its IPO and commences trading.
(Nasdaq: TSLA) News:Tesla Announces Pricing of Initial Public Offering
Tesla Motors, Inc. (Nasdaq: TSLA), a manufacturer of highway-capable fully electric vehicles and electric vehicle powertrain components, today announced its initial public offering of 13,300,000 shares of its common stock at a price to the public of $17.00 per share. The shares will begin trading on Tuesday, June 29, 2010 on the NASDAQ Global Select Market under the ticker symbol “TSLA.” Of the shares in the offering, 11,880,600 shares are being offered by the company and 1,419,400 shares are being offered by selling stockholders. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional aggregate of 1,995,000 shares of common stock to cover over-allotments, if any. Tesla will not receive any proceeds from the sale of shares by the selling stockholders.
Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com; or standard mail at Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282-2198; from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: prospectus@morganstanley.com; or standard mail at Morgan Stanley & Co. Incorporated, Attn: Prospectus Department, 180 Varick Street, New York, NY 10014; from J.P. Morgan Securities Inc., via telephone: (718) 242-8002; or standard mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; or from Deutsche Bank Securities Inc., via telephone: (800) 503-4611; or standard mail at 100 Plaza One, Jersey City, NJ 07311 Attn: Prospectus Department.
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tesla Motors, Inc.
Tesla designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. In addition to designing and manufacturing vehicles, Tesla sells and services them through its own sales and service network. Tesla has delivered over 1,000 Tesla Roadsters to customers in 22 countries. Tesla is headquartered in Palo Alto, California.
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www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.com, www.Water-Stocks.com all within the Investorideas.com hub.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has and estimated 1100 stocks and new stocks are added each month for investors following the sector. The renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory, environment stocks directory and fuel cell stocks directory. http://www.investorideas.com/membership/
About InvestorIdeas.com:InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering multiple industry sectors including water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.
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Investorideas.com - Water Stocks; New Company Profile for Wescorp Energy Inc. (OTCBB: WSCE) a clean water solutions company for the Oil and Gas Industry
Wescorp Energy's H2Omaxx technology; Environmental remediation Oil/water separation
Visit this company: www.wescorpenergy.com
June 29, 2010 – (Investorideas.com water stocks newswire) www.InvestorIdeas.com and its leading water investor portal www.water-stocks.com issue the company profile for Wescorp Energy Inc. (OTCBB: WSCE), a clean water solutions company for the oil and gas industry.
Research Report by Lisa Springer, CFAFebruary 18, 2010Read report: http://www.investorideas.com/CO/WSCE/pdf/Publication8.pdf
CFA Commentary:Proprietary Oil-Water Separation Technology Addresses Multi-Billion Dollar Market Opportunityhttp://www.investorideas.com/news/091609a.asp
Market Opportunity Remediating Oil-Contaminated Waterhttp://www.investorideas.com/news/081109c.asp
Wescorp's leading Water Technologies: Efficient, cost effective and clean technologies:
Environmental remediation Oil/water separationWescorp Energy's H2Omaxx technology focuses on helping oil and gas producers solve their "produced water" issues. Our H2Omaxx process incorporates patented aeration technology employing microscopic bubbles several orders of magnitude smaller than conventional technology, resulting in providing clients with cleaner produced water by lowering the amounts of (parts per million) hydrocarbon, providing the option of reinjection, or disposal or off-shore discharge. As well, H2Omaxx provides additional oil recovery, and reduces processing operational expenses.
Investors can view the full company profile at http://www.investorideas.com/CO/WSCE/ or visit the company website at http://www.wescorpenergy.com/
Request news and updates for Wescorp Energy Inc. (OTCBB: WSCE)http://www.investorideas.com/Resources/Newsletter.asp
About our water investor portal:www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector-close-ups, research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector. Investorideas.com and its water portal www.Water-Stocks.com will be expanding current water investing content with additional commentary and analysis from well-known industry experts.Investors can research global water stocks at the Water Stocks Directory with over 200 water stocks listed.Coming soon – the new water newswire: www.waternewswire.com
Disclaimer: The following company profile for Wescorp Energy Inc. (OTCBB: WSCE) 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.
Disclaimer/disclosure http://www.investorideas.com/About/Disclaimer.asp,http://www.investorideas.com/About/News/Clientspecifics.asp
For Additional Information:Contact the company:Bibicoff + MacInnis, Inc.Terri MacInnis818.379.8500terri@bibimac.com
For more info on Investorideas.com and the water investor portal:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com, Wescorp Energy Inc. (OTCBB: WSCE)
Monday, June 28, 2010
Investorideas.com - Renewable Energy Stocks; Energy Recovery, Inc. (NasdaqGS: ERII) and China Wind Systems, Inc. (NasdaqGM: CWS) Top Gainers at NASDAQ
Visit this company: www.RenewableEnergyStocks.com
June 28, 2010 - (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for June 28th. Two of the top gainers at NASDAQ include Energy Recovery, Inc. (NasdaqGS: ERII), trading at $4.47, Up $0.67 (17.63%) at 1:38PM EDT and China Wind Systems, Inc. (NasdaqGM: CWS) trading at $ 4.72, up $ 0.66 (16.26%) at 1:39PM EDT.
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 pumps for desalination, gas and liquid processing applications. The company is headquartered in the San Francisco Bay Area with offices in Detroit and worldwide, including Madrid, Shanghai and the United Arab Emirates. For more information about Energy Recovery Inc.
China Wind Systems (NasdaqGM:CWS) supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
Green and alternative energy investors can research wind stocks and energy efficient stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The 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.
The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit our showcase green stocks and research green stocks at:www.renewableenergystocks.com and http://www.investorideas.com/GI/
Learn more about the renewable energy stocks directory:(http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Our Green Investor content:Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.Visit the Investorideas.com Green Investor Portals and pages: http://www.investorideas.com/GI/, www.RenewableEnergyStocks.com, www.FuelCellCarNews.com , www.EnvironmentStocks.comAnd www.Water-Stocks.com
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Renewable Energy Stocks Group on www.linkedin.com -This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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 green companies, news submissions and online advertising.Disclosure. Learn about our green showcase options for publicly traded cleantech companies. To become a showcase company, contact us below.
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Source: www.RenewableEnergyStocks.com, www.Investorideas.com
Thursday, June 24, 2010
Cleantech News; President Obama Meets with the Cabinet to Discuss Economy, Iraq, BP Oil Spill and Energy and Climate Legislation
"It is time for us to move to a clean energy future"
http://www.whitehouse.gov/
(http://www.investorideas.com/ clean energy stocks blog ) White House Blog; President Obama held a Cabinet meeting at the White House to discuss a variety of topics with the Cabinet ranging from economic growth, national security and the war in Iraq, the BP Oil Spill, and the need for comprehensive energy and climate legislation.
Following the meeting the President gave brief remarks in the Roosevelt Room. The President began his remarks by mentioning the Cabinet’s discussion of economic growth. Over the past five months we have seen job and economic growth, but the President emphasized that there is still more work to be done to help the “millions of Americans out there who are looking for work, or looking for more hours, or are behind on their payments because they experienced unemployment very recently.”
Vice President Biden also gave a briefing on Iraq:
We also got a full briefing from our national security team as well as Vice President Biden on Iraq. It hasn’t received a lot of attention lately, but we are on pace to meet every target that we set at the beginning of this administration, to have our combat troops out and to transfer security responsibilities to the Iraqis. And we had a discussion about the progress that's been made in terms of government formation there.
We also discussed the importance of the transition from a Defense-weighted U.S. approach to a more State Department-weighted approach, and the need to make sure that we are adequately funding and supporting all the diplomatic measures that are going to be necessary so that we can partner effectively with a new Iraqi government over the long haul.
The Cabinet also discussed the BP Oil Spill and measures that have been taken over the past few weeks to stop the leak, clean up the oil and compensate those whose livelihoods have been disrupted by the oil spill.
We had a discussion about the oil spill in the Gulf and the important measures that are being taken both in capping the well, in making sure that we are dealing with the consequences on the shorelines and estuaries and bays across the Gulf, and also making sure that ordinary Americans who are being devastated economically are compensated properly.
Ken Feinberg has already traveled to the Gulf, and he is meeting with governors and local officials with the $20 billion fund that has been set up. We want to make sure that that money is moving out as quickly as possible, as fairly as possible, and that some of the people who I’ve had a chance to talk to down in the Gulf who are just desperate for relief are getting help as quickly as possible.
Finally the Cabinet discussed the importance of passing comprehensive energy and climate legislation:
And finally, we talked about energy. In the context of the oil spill, as I said last week during my Oval Office address, this has to be a wakeup call to the country that we are prepared and ready to move forward on a new energy strategy that the American people desperately want but for which there’s been insufficient political will. It is time for us to move to a clean energy future. I think the American people understand that it is a jobs creator, that it is a national security enhancer, that it is what is needed environmentally.
And we have the opportunity to build on actions that have already been taken in the House of Representatives. The Senate has an opportunity before the August recess and the elections to stand up and move forward on something that could have enormous, positive consequences for generations to come. And the entire Cabinet here recognizes, with all the other stuff that they’re doing, that if we get energy right, that an awful lot of things can happen as a consequence.
The President will meet with a bi-partisan group of Senators to discuss energy and climate legislation next week. The live chat with Heather Zichal, Deputy Assistant to the President for Energy and Climate Change, on energy and climate legislation originally scheduled for this afternoon will be rescheduled for next week as well so she can discuss the outcome of the meeting.
source http://www.whitehouse.gov/
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News and Stories Published at the Clean Energy Stocks Blog for Green Investors:
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Wednesday, June 23, 2010
TSX Wind Stocks; Industrial Growth Income Corporation Announces Proposed Qualifying Transaction
WINNIPEG, June 23 TSX Wind Stocks( http://www.investorideas.com/ cleantech stocks blog) Industrial Growth Income Corporation (NEX: IGI.H) ("IGIC"), a capital pool company listed on the NEX board (the "NEX") of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it has signed an arm's length letter of intent (the "Letter of Intent") dated June 17, 2010 with IQwind Ltd. ("IQwind") to acquire all of the issued and outstanding shares of IQwind.
If completed, the proposed transaction (the "Qualifying Transaction") will constitute the qualifying transaction of IGIC pursuant to Policy 2.4 Capital Pool Companies of the Exchange (the "CPC Policy").
IGIC was incorporated on September 22, 2005 and began trading on the Exchange on August 16, 2006 as a capital pool company. IGIC was transferred from the Exchange to the NEX on May 27, 2009 for failure to complete its qualifying transaction within the required time period. Upon completion of the Qualifying Transaction, provided all necessary approvals are obtained, IGIC will return to listing on the Exchange.
About IQwind:
IQwind is a developer and manufacturer of components for the wind turbine industry. IQwind is a private company incorporated on August 28, 2007 pursuant to the laws of the State of Israel. To date IQwind has been focused on technology development and has not reached the revenue stage.
IQwind was founded with the vision of reducing the cost of energy generated by wind turbines through an efficient and reliable mechanical gear that would increase performance and reduce the cost of wind turbines. IQwind has become an innovator in the wind energy industry focused on leveraging its proprietary variable gear technology, called the IQgear, to reduce the cost of energy generated by existing and newly-built wind turbines.
The IQgear technology is the basis for the IQgearbox, a breakthrough in wind turbine gearbox design. The IQgearbox represents an industry innovation: a variable speed turbine built around a fully-mechanical variable speed drivetrain.
A press release containing additional details regarding the business of IQwind as well as certain financial information regarding IQwind will be released by IGIC as soon as such information is available.
Terms of proposed qualifying transaction:
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Pursuant to the Letter of Intent, IGIC will acquire 100% of the issued and outstanding shares in the capital of IQwind and the Qualifying Transaction will result in IQwind becoming a wholly-owned subsidiary of IGIC. IQwind currently has issued and outstanding: (i) 100,000 Ordinary Shares; (ii) 66,667 A-1 Shares; (iii) 161,499 A-2 Shares; (iv) 23,000 options to purchase Ordinary Shares; and (v) 1,520 A-2 warrants (collectively, the "IQwind Securities"). In consideration for the IQwind Securities, IGIC will issue to the securityholders of IQwind 100,000,000 common shares of IGIC ("Common Shares") at a deemed price of $0.20 per Common Share for a total purchase price of $20,000,000. As additional consideration for the IQwind Securities, IGIC has agreed to issue: (i) 1,500,000 options to purchase Common Shares at a price of $0.20 per Common Share to individuals who will be directors, officers, employees or consultants of the issuer resulting from completion of the Qualifying Transaction, which options shall be exercisable for a period of five years from the date of issuance; and (ii) 114,000 warrants to purchase Common Shares at a price of $0.20 per Common Share, which warrants shall be exercisable for a period of two years from the date of issuance.
It is a condition of the Qualifying Transaction that IQwind must complete a brokered private placement (the "Private Placement") of a minimum of 35,000,000 ordinary shares of IQwind at a minimum price of $0.20 per share for minimum gross proceeds of $7,000,000. These shares will be exchanged for Common Shares on a one for one basis pursuant to the Qualifying Transaction. Versant Partners Inc. will lead a syndicate of agents (together, the "Agents") for the Private Placement. The Agents will be paid 6.5% of the gross proceeds of the Private Placement, and in addition, the Agents will receive broker warrants in the amount of 6.0% of the number of securities issued in the Private Placement, with a strike price equal to the subscription share price of the Private Placement and exercisable for a period of time to be determined between IQwind and the Agents, subject to Exchange requirements.
The use of proceeds will be targeted for R&D purposes, sales and marketing and working capital and general corporate purposes.
The sole control person of IQwind is Terra Venture Partners. The controlling shareholder of Terra Venture Partners is Astorre Modena.
IGIC currently has 4,025,000 Common Shares issued and outstanding as well as 320,000 options to purchase Common Shares at a price of $0.20 per Common Share. Upon completion of the Qualifying Transaction, assuming completion of the minimum Private Placement, IGIC will have the following securities issued and outstanding: (i) 139,025,000 Common Shares; (ii) 1,820,000 options to purchase Common Shares at a price of $0.20 per Common Share; (iii) 114,000 warrants to purchase Common Shares at a price of $0.20 per Common Share; and (iv) 2,100,000 broker warrants to purchase Common Shares at a price of $0.20 per Common Share for a period of time to be determined between IQwind and the Agents, subject to Exchange requirements.
The Qualifying Transaction is not a "Non Arm's Length Qualifying Transaction" within the meaning of the CPC Policy. Accordingly, the completion of the Qualifying Transaction is not subject to the approval of the shareholders of IGIC in accordance with the CPC Policy.
The Letter of Intent has been approved by the boards of directors of each of IGIC and IQwind. It is subject to the satisfaction of a number of customary conditions for closing the Qualifying Transaction, including approval of the Qualifying Transaction and related matters by the Exchange and the filing of a filing statement by IGIC, as well as due diligence by both IGIC and IQwind and the completion of the Private Placement for gross proceeds of at least $7,000,000.
Proposed management:
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IGIC's management team is currently comprised of Gary Coleman, Chairman, Chief Executive Officer and a director and Earl Coleman, Chief Financial Officer. In addition to Gary Coleman, IGIC's board of directors includes David Filmon and Ab Freig. Upon completion and closing of the Qualifying Transaction, it is anticipated that Gary Coleman, Gideon Ziegelman and Astorre Modena shall be the ongoing directors of IGIC. It is also anticipated that David Filmon and Ab Freig will resign as directors of IGIC as a condition of the closing of the Qualifying Transaction.
Following the closing of the Qualifying Transaction, it is anticipated that the following individuals will serve as directors and/or officers of IGIC:
Gideon Ziegelman, Chairman and CEO - Mr. Ziegelman is a founder and Chief Executive Officer of IQwind. Mr. Ziegelman is an entrepreneur with over 15 years of experience in the high-tech and alternative energy industries. He was a co-founder of a $75 million alternative energy mutual fund and a technology startup focusing on electricity storage solutions for the wind energy market. Mr. Ziegelman holds an MBA from INSEAD, Fontainebleau, France and a BSc in electrical engineering from the Technion, Israel.
Astorre Modena, Director - Dr. Modena is a board director and general partner in Terra Venture Partners, a cleantech ventures fund and a major shareholder in IQwind. Before founding Terra, he was a Principal at Israel Seed Partners, a seed-stage venture capital in Israel with more than $260 million under management. Prior to Israel Seed, Mr. Modena was with McKinsey & Co., where he consulted to leading Italian, French and Israeli manufacturing and financial corporations. He holds a B.Sc. in Physics and a Ph.D. in Plasma Physics from Imperial College in London.
Gary Coleman, Director - In addition to his positions with IGIC, Mr. Coleman has been the Chief Executive Officer of Big Freight Systems Inc., a transportation company headquartered in Steinbach, Manitoba, since 1997. Mr. Coleman was also the President, Chairman and a director of Global Fortress Inc. from May 25, 2000 until April 23, 2003 when it completed its qualifying transaction pursuant to the policies of the Exchange and transformed into Lakeview Real Estate Investment Trust by way of a plan of arrangement.
Erez Baron, Chief Financial Officer and Corporate Secretary - Mr. Baron brings 15 years of management, finance and operation experience in the technology industry to his position as CFO at IQwind. Before joining IQwind, Mr. Baron served as a CFO of HelioFocus, a company that develops high efficiency solar-thermal systems to provide high temperature heat. Before joining HelioFocus, Mr. Baron served as a CFO of Samsung Semiconductor Israel, previously known as TransChip, there he was deeply involved in the first acquisition of Samsung Electronics in Israel done in 2007. Before that, Mr. Baron served as Director of Finance in Orckit Communications (NASDAQ: ORCT). Mr. Baron also spent several years as CPA with PricewaterhouseCoopers Israel. Mr. Baron received his BA degree in Accounting and Economics and an MBA, both, from Tel Aviv University. Erez is a Certified Public Accountant and also he is a Certified Mediator from Law Office of State of Israel.
Nimrod Eitan, Chief Technology Officer - Mr Eitan is a founder and CTO of IQwind. A mechanical engineer with over 30 years experience in product development and R&D management, he served as Chief Engineer of a technology startup, which matured into Cycle Group Inc., an international producer of industrial and agricultural products. Mr. Eitan also served as a Technical Manager for several companies in the United States and Israel and holds a BSc in mechanical engineering from the Technion, Israel.
Doron Simon, Business Development Officer - Mr. Simon has 25 years of experience in high level executive positions. Mr. Simon served as Tower Semiconductor (NASDAQ: TSEM) VP marketing and president of Tower USA, a company with $500 million in annual revenue. In recent years Mr. Simon gained significant experience in growing early stage technology companies to revenue growth phase. Mr. Simon received his MBA degree from Heriot-Watt business school, Edinburgh, UK and a BSc. in Industrial Engineering from the Technion, Israel.
Sponsorship:
------------
IGIC has not yet engaged a sponsor for the Qualifying Transaction and will apply to the Exchange for an exemption from the requirement to obtain a sponsor. The granting of such an exemption is within the discretion of the Exchange and there can be no assurance that it will be granted.
Trading Halt:
The common shares of IGIC will remain halted pending receipt of satisfactory documentation by the Exchange and an additional press release by IGIC providing further information regarding IQwind.
Mr. Ziegelman, the Chief Executive Officer of IQwind, states "We are excited about the opportunity that the transaction with IGIC provides our company. The transaction with IGIC will provide IQwind with the opportunity to grow and accelerate its development plans thus becoming a major player in the alternative energy space by bringing its IQgear technology to market quicker than originally planned."
Completion of the transaction is subject to a number of conditions, including, but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
For further information: Gary Coleman, Chairman and Chief Executive Officer, Tel: (204) 977-2825
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Cleantech Stocks; Blue Sphere Corporation (OTCBB: BLSP)Announces Term Sheet with Huishan Group for 17 Dairy Farms in China
LONDON--Cleantech News (http://www.investorideas.com/ cleantech stocks blog )--Blue Sphere Corporation (OTCBB: BLSP) (the "Company" or “Blue Sphere”), a company in the Cleantech sector as an Emission Reduction project integrator, is pleased to announce that it has signed a non-binding term sheet for the construction of an anaerobic fermentation methane production system and a 5.66 MW power generation system at what is thought to be the largest dairy farm in the world in Liaoning Province, China.
“This is a sizable project of great potential for us. We have travelled to China for a number of years building relationships and we are excited to be starting with the Huishan Group on this project.”
.If the project proceeds, Blue Sphere will be the investor and co-developer of the project together with the Huishan Group. Huishan Group is the fifth largest dairy group in China and has 70 dairy cattle ranches, constituting the world’s largest dairy cow base. Huishan has over 60 years experience in cattle farming.
There are three anticipated sources of income if the project proceeds: electricity, sale of organic fertilizer and carbon credits (“CERs”). It is estimated that the potential annual electricity generated could be 37,639 MWh, the potential annual fertilizer production could be 619,770 tons and the potential annual CERs generated could be 180,000.
It is also estimated that the potential annual income from electricity is RMB 19.62 million (net of VAT) (approximately USD $2.88 million at current exchange rates), potential income from fertilizer is RMB 20.45 million (approximately USD $3.0 million) and potential income from CERs is Euro 1.62 million (approximately USD $2 million) calculated at Euro 9/CER.
The companies have applied to the National Development and Reform Committee of China (NDRC) to deem this a national pilot project. If approval is granted subsidies and preferential policies could potentially be allocated to the project.
Conditions to proceed with the project include due diligence and capital raising for the investment required, among other conditions. The total investment for the project is estimated at $30 Million USD.
Shlomi Palas, CEO of Blue Sphere Corporate said: “This is a sizable project of great potential for us. We have travelled to China for a number of years building relationships and we are excited to be starting with the Huishan Group on this project.”
China ratified the Kyoto Protocol in 2005. Projects to reduce greenhouse gas emission in China are eligible for carbon credits through the Clean Development Mechanism (CDM). China has already begun projects reducing CO2 emissions from power generation from biomass residue congestion.
For further information please contact the company at 888-309-9088 or info@bluespherecorporate.com
About Blue Sphere Corporation
Blue Sphere Corp. is a company in the cleantech sector as an Emission Reduction Project Integrator. Blue Sphere develops projects for greenhouse gas emission reduction and renewable energy production. The company aspires to become a key player in the global carbon reduction market, helping enterprises with high pollution emissions achieve their green goals. For further information please visit the Company's website http://www.bluespherecorporate.com/
This news release contains “forward-looking statements.” Statements in this press release, which are not purely historical, are forward-looking statements and include statements concerning the Company’s business outlook or future economic performance, anticipated revenues, expenses or other financial items; plans and objectives related thereto; and assumptions or expectations relating to any future events, conditions, performance or other matters. Such forward-looking statements include, among others, that we will finalize contracts and obtain permits to construct and operate a fermentation methane production system and a 5.66 MW power generation system in Liaoning Province, China.; that we can fulfill all conditions to proceed with the project, sign contracts and develop the project to sell electricity, fertilizer and CERs, including successfully raising financing for infrastructure and equipment, use technology that is effective at burning biomass in an environmentally friendly way, and complete the project as expected; that we can sell the CERs generated from the projects at Euro 9/CER; that the project costs are $30 million; that the anticipated income from the various revenue sources will be generated; and that the Company can become a key player in the global carbon reduction market.
Forward-looking statements are subject to risks, uncertainties and factors include, but are not limited to the nature of the carbon credit industry, including changing customer demand, changing regulatory requirements, an immature and unpredictable market for CERs, different regulations across national borders, customer acceptance of our services and products, the impact of competitive services, products and pricing, dependence on existing management, that technology may not work as expected and general economic conditions. In regards to our company, the following are also risk factors: we may not be able to finalize negotiations and sign contracts; our ability to finance operations and growth, our ability to attract and retain employees and consultants, competition from cheaper or more accepted competitors, whether our technology can perform under commercial conditions and our ability to keep control on costs. Sales of electricity, fertilizer and CERs, if realized, does not necessarily mean that our company will be profitable. In addition our company faces political risks in the regions where we operate. Readers should also refer to the risk disclosures outlined in disclosure documents filed by other start up environmental companies with the Securities and Exchange Commission available at www.sec.gov.
The Company assumes no obligation to update the information in this release.
Contacts
Blue Sphere Corporation
Shlomi Palas, 888-309-9088
info@bluespherecorporate.com
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
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