Biotech Stocks To Watch; (OTCBB: UVFT), (OTCBB: KBLB), (NASDAQ:AMGN), (NYSE:ELN)
Point Roberts, WA - (Investorideas.com Newswire) - InvestorIdeas.com, leader in sector research for investors, reports on recent Biotech/ Healthcare Stocks news and trading for September 24th.
Biotech Stocks include UV Flu Technologies, Inc., (OTCBB: UVFT), Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB), Amgen Inc. (NASDAQ:AMGM), and Elan Corp. plc (NYSE: ELN)
Sector Snapshot: (Trading at time or release)
UV Flu Technologies, Inc., (OTCBB: UVFT) trading at $ 0.31, up 0.01 (3.33%)
Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB), trading at $ 0. 2145, up 0.0630 (41.58%) on Volume of 20,704,335 shares
Amgen Inc. (NASDAQ:AMGN), trading at $ 56.10, up 0.38 (0.68%)
Elan Corp. plc NYSE:ELN) trading at $ 5.42, up 0.30 (5.86%)
Biotech Stocks to Watch News
UV Flu Technologies, Inc., (OTCBB: UVFT) Key Highlights and Recent Press
UV Flu Technologies, Inc., (OTCBB: UVFT) is an innovative developer, manufacturer and distributor of bio technology products initially targeting the rapidly growing Indoor Air Quality ("IAQ") industry sector. The Company manufactures the VIRATECH UV-400, which utilizes high-intensity germicidal ultraviolet radiation (UV-C) inside a killing chamber that goes beyond filtration to destroy harmful airborne bacteria at rates exceeding 99.2% on a first-pass basis. UV Flu is committed to providing clean air to improve health and prevent the spread of disease.
The company recently announced that in response to recent outbreaks of drug resistant superbugs such as NDM-1, and persistent occurrences of highly contagious strains of bacteria such as MRSA, the Company is implementing a national campaign to inform the public how its ViraTech UV-400 indoor air purifier significantly helps reduce exposure risks.
The U.S. CDC has described antibiotic resistance as “one of the world’s most pressing health problems” as “the number of bacteria resistant to antibiotics has increased in the last decade [and] … many bacterial infections are becoming resistant to the most commonly prescribed antibiotic treatments.” The World Health Organization (WHO) has identified antibiotic resistance as “one of the three greatest threats to human health.” Source : http://www.idsociety.org/10x20.htm
Latest News:
“UV Flu Technologies, Inc. (OTCBB: UVFT) (the “Company”) is pleased to announce that the company and its flagship UV-400 air purification system will be featured on a segment of the “Designing Spaces” TV Show, to be aired nationally during the 4th quarter. The show, to be aired on the Women’s Entertainment channel, is scheduled for the holiday season and is expected to reach up to 75 million households.”
Full Article:
Website: http://www.uvflutech.com/
UV Flu Technologies, Inc., Key Highlights
• FDA Approved as a Class II Medical device
• Extensive testing by EPA and FDA certified laboratories
confirm the proprietary system has over 99% effectiveness of eliminating bacteria
• The Company’s strategic differentiators include excellent independent test
results proving the effectiveness and safety of its products, proprietary design,
and FDA market clearance approving the sale of its products as medical
devices.
• The Company has been issued U.S. Patent No. 6939397 with 43 claims covering
its innovative removable cartridge, housing, UV chamber, UV radiation
source and baffle technology.
• UV Flu’s products are environmentally friendly. The energy efficient system
does not use or produce ozone, uses less energy than a 100 watt light bulb
and can qualify for Green Building programs.
• Experts have warned that a new type of drug-resistant superbug is emerging.
NDM-1 is a gene carried by bacteria that makes the strain resistant to some of
the most powerful antibiotics. NDM-1 can easily now jump from one strain of
bacteria to another.
Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB)
Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB) Recent News: “Kraig Biocraft Laboratories, Inc. is very pleased to announce that the University of Notre Dame and Kraig Biocraft Laboratories will hold a joint press conference Wednesday, September 29, 2010 on the Notre Dame campus to describe a new research breakthrough and its possible biomedical and commercial applications.”
Full Article: http://finance.yahoo.com/news/University-of-Notre-Dame-and-iw-1958169015.html?x=0&.v=1
About Kraig Biocraft Laboratories, Inc: is a biotechnology company focused on the development of commercially significant high performance polymers and technical fiber. Based on proprietary genetic engineering technology, Kraig is working to develop and produce polymers and protein-based materials including spider silk. Our work is focused on the development of spider silk and other high strength polymers that we believe have the potential for significant industrial and consumer applications. http://www.kraiglabs.com/
Market Snapshot: (at time of release)
Dow 10,865.10 +202.68 +1.90%
Nasdaq 2,378.20 +51.12 +2.20%
S&P 500 1,148.57 +23.74 +2.11%
10 Yr Bond(%) 2.6100% +0.5500
Oil 76.42 +1.24 +1.65%
Gold 1,295.40 +1.10 +0.08%
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Disclaimer: The following news is paid for by third party on behalf of UV Flu Technologies, Inc., (eight hundred) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
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C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.com
Get insight into cleantech and renewable energy stocks with news and the cleantech and climate change podcast. This blog is part of www.investorideas.com cleantech investor content .
Sunday, September 26, 2010
Friday, September 24, 2010
Investorideas.com - Solar Stocks Trading Alert; (NasdaqGS: FSLR), (NasdaqGS: SPWRA), (OTCBB: XSNX)
Investorideas.com - Solar Stocks Trading Alert; (NasdaqGS: FSLR), (NasdaqGS: SPWRA), (OTCBB: XSNX)
California's Green Initiative Helps Boost FSLR
September 24, 2010, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close up on solar stocks trading. As California announced a new standard of : 33% of electricity from renewable sources by 2020, several leading solar stocks including FSLR see gains.
According to Thursday's release – "The regulation establishing the 33 percent renewable electricity standard was adopted today unanimously by the California Air Resources Board. The standard will promote green jobs to construct and run renewable facilities in California, reduce hundreds of tons of harmful air pollution, insulate California's economy from the shock of volatile natural gas prices and help establish the state as a global leader in the research, development and manufacturing of clean, renewable energy sources."
The sector was also helped as Piper Jaffray analyst added solar stocks to its Overweight list including : Yingli Green Energy (YGE), First Solar (FSLR), SunPower (SPWRA), Trina Solar (TSL), SunTech Power (STP), JA Solar (JASO), GT Solar (SOLR), ReneSola (SOL), and LDK Solar (LDK).
Solar Stocks Trading September 24th
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading at $ 2.94, up 0.10 (3.52%) 10:53AM EDT
Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $12.70, up 0.34 (2.75%) 11:20AM EDT
First Solar, Inc. (NasdaqGS: FSLR) trading at $ 146.00, up 2.77 (1.93%) 11:20AM EDT
JA Solar (NASDAQ: JASO) trading at $ 8.12, up 0.26 (3.31%) 11:24AM EDT
JinkoSolar Holding Company Limi (NYSE:JKS) trading at $ 29.67, up 0.42 (1.44%) 11:15AM EDT
Solarfun Power Holdings Co., Lt (NasdaqGS: SOLF) trading at $ 11.94, up 0.20 (1.70%) 11:27AM EDT
SunPower Corporation (NasdaqGS: SPWRA) trading at $ 13.75, down 0.17 (1.22%) 11:27AM EDT
Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $ 9.34, down 0.01 (0.11%) 11:29AM EDT
Trina Solar (NYSE:TSL) trading at $ 27.73, up 1.06 (3.98%) 11:31AM EDT
XsunX Inc: (OTCBB: XSNX) trading at $0.0861
Investors follow solar stocks can read Solar Stocks Commentary with J. Peter LynchLearn about solar stocks, the solar industry and solar innovation with J. PETER LYNCH at Investorideas.com and Renewableenergystocks.comhttp://www.investorideas.com/PL/
Most recent article by J Peter Lynch:
Solar Stocks Continue to Follow thru on recent Rally; Solar Stocks and Market Commentary with J Peter Lynch - September 17 -
Read more: http://www.renewableenergystocks.com/PL/news/9021.asp
Showcase solar stock at Investorideas.com:
About XsunX, Inc. - Solar Products for Life on Earth
XsunX, Inc. (OTCBB:XSNX) is working to provide a clean and capital efficient solution for the mass production of the highest efficiency, lowest cost CIGS thin-film solar cells using our new CIGSolar™ technology.
Website: http://www.xsunx.com/Twitter: http://twitter.com/XsunXINC
Visit the Company Profile page for XsunX, Inc. (OTCBB: XSNX)http://www.investorideas.com/CO/XSNX/
Visit our showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
Research other solar with the renewable energy stocks directory; a global stock directory featuring over 1200 green 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 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.
To learn about becoming a featured renewable energy or green showcase stock, contact us below.http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Disclaimer/ Disclosure: XsunX, Inc. (OTCBB: XSNX) is a paid advertising client on Investorideas.com – twenty five hundred per month. 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. Learn more www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
800.665.0411Dvanzant@investorideas.com
California's Green Initiative Helps Boost FSLR
September 24, 2010, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close up on solar stocks trading. As California announced a new standard of : 33% of electricity from renewable sources by 2020, several leading solar stocks including FSLR see gains.
According to Thursday's release – "The regulation establishing the 33 percent renewable electricity standard was adopted today unanimously by the California Air Resources Board. The standard will promote green jobs to construct and run renewable facilities in California, reduce hundreds of tons of harmful air pollution, insulate California's economy from the shock of volatile natural gas prices and help establish the state as a global leader in the research, development and manufacturing of clean, renewable energy sources."
The sector was also helped as Piper Jaffray analyst added solar stocks to its Overweight list including : Yingli Green Energy (YGE), First Solar (FSLR), SunPower (SPWRA), Trina Solar (TSL), SunTech Power (STP), JA Solar (JASO), GT Solar (SOLR), ReneSola (SOL), and LDK Solar (LDK).
Solar Stocks Trading September 24th
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading at $ 2.94, up 0.10 (3.52%) 10:53AM EDT
Canadian Solar Inc. (NasdaqGM: CSIQ) trading at $12.70, up 0.34 (2.75%) 11:20AM EDT
First Solar, Inc. (NasdaqGS: FSLR) trading at $ 146.00, up 2.77 (1.93%) 11:20AM EDT
JA Solar (NASDAQ: JASO) trading at $ 8.12, up 0.26 (3.31%) 11:24AM EDT
JinkoSolar Holding Company Limi (NYSE:JKS) trading at $ 29.67, up 0.42 (1.44%) 11:15AM EDT
Solarfun Power Holdings Co., Lt (NasdaqGS: SOLF) trading at $ 11.94, up 0.20 (1.70%) 11:27AM EDT
SunPower Corporation (NasdaqGS: SPWRA) trading at $ 13.75, down 0.17 (1.22%) 11:27AM EDT
Suntech Power Holdings Co. Ltd (NYSE:STP) trading at $ 9.34, down 0.01 (0.11%) 11:29AM EDT
Trina Solar (NYSE:TSL) trading at $ 27.73, up 1.06 (3.98%) 11:31AM EDT
XsunX Inc: (OTCBB: XSNX) trading at $0.0861
Investors follow solar stocks can read Solar Stocks Commentary with J. Peter LynchLearn about solar stocks, the solar industry and solar innovation with J. PETER LYNCH at Investorideas.com and Renewableenergystocks.comhttp://www.investorideas.com/PL/
Most recent article by J Peter Lynch:
Solar Stocks Continue to Follow thru on recent Rally; Solar Stocks and Market Commentary with J Peter Lynch - September 17 -
Read more: http://www.renewableenergystocks.com/PL/news/9021.asp
Showcase solar stock at Investorideas.com:
About XsunX, Inc. - Solar Products for Life on Earth
XsunX, Inc. (OTCBB:XSNX) is working to provide a clean and capital efficient solution for the mass production of the highest efficiency, lowest cost CIGS thin-film solar cells using our new CIGSolar™ technology.
Website: http://www.xsunx.com/Twitter: http://twitter.com/XsunXINC
Visit the Company Profile page for XsunX, Inc. (OTCBB: XSNX)http://www.investorideas.com/CO/XSNX/
Visit our showcase green stocks and research green stocks at: www.renewableenergystocks.com and http://www.investorideas.com/GI/
Research other solar with the renewable energy stocks directory; a global stock directory featuring over 1200 green 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 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.
To learn about becoming a featured renewable energy or green showcase stock, contact us below.http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Disclaimer/ Disclosure: XsunX, Inc. (OTCBB: XSNX) is a paid advertising client on Investorideas.com – twenty five hundred per month. 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. Learn more www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
800.665.0411Dvanzant@investorideas.com
Thursday, September 23, 2010
Cleantech News; Establishing the Cleantech 20 by 2020: Cleantech Sector Key to Future Economic and Social Growth in Prairies
Cleantech News; Establishing the Cleantech 20 by 2020: Cleantech Sector Key to Future Economic and Social Growth in Prairies
2010 SDTC Cleantech Growth and Go-To-Market Report-Prairie Edition launched today
REGINA, SASKATCHEWAN--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 23, 2010) - Emerging clean technology companies are on the cusp of providing an economic, social, and environmental boost to Canada's Prairie Provinces.
Currently, more than 100 clean technology companies are in the process of commercializing new products across Alberta, Saskatchewan, and Manitoba. The report demonstrates that the Canadian clean tech industry was very resilient during the recession – between 2007 and 2009, the overall compound annual growth rate was 47% and growth was seen in both the high-growth and more established sectors.
Nearly three quarters of the prairies' clean technology companies were created as a result of a concept developed by an entrepreneur. In contrast, only nine percent of these companies were created as a result of technology developed through academic institutions, be it licensed or by the entrepreneur as an academic.
The Prairie edition of Canada's first-ever comprehensive report on the clean technology industry, 2010 SDTC Cleantech Growth and Go-To-Market Report , launched today, also found that sixty-four percent of the 106 cleantech companies in the prairies are technology product companies, thirty-two percent are technology-enabled service companies, and four percent are large-scale and distributed processing companies.
"This is a very exciting report because it gives emerging cleantech companies, organizations assisting these companies, and governments, the information we need to know to enhance the growth of this important industry," said Susan Gorges, CEO of SpringBoard West Innovations. "The information in the report will be a significant help to us as we create and enhance services to meet the needs of local cleantech entrepreneurs."
The report includes input from 168 Canadian cleantech companies including 28 from the Prairies. It looks at the state of the clean technology industry, with the intent of helping to build a globally competitive cleantech industry in Canada. The report also examines factors impacting investment in commercialization, which plays a key role in company growth.
"The Canadian cleantech industry has plenty of potential to build globally-competitive companies," said Céline Bak, Partner with the Russell Mitchell Group. "But, being global technology leaders is that much harder when early adopter markets are far from home. A thriving Canadian cleantech industry depends on more than just technological innovation; we will need to build strong domestic markets while at the same time, investing in world-class commercialization for customers at home and abroad."
Based on the survey and research findings, the 2010 SDTC Cleantech Growth and Go-To-Market Report proposes a plan that will enable Canada to have developed twenty cleantech companies that have achieved $100 million in annual revenues by the year 2020. The plan provides a list of recommendations including:
Investing in best practices and benchmarks for investment in commercialization as a driver of revenue growth
Ensuring emerging cleantech companies are able to access investment capital
Taxation changes that encourage investment in Canada's cleantech industry;
Policies to stimulate green procurement by large organizations and governments;
Deployment of financing vehicles, such as flow-through shares and debt products for technology-based companies, to address the gap between supply and demand for growth capital.
Regulation of greenhouse gases, which is one of the most important drivers for clean technology adoption worldwide.
While the report found that cleantech industries continue to require assistance in accessing capital, it also found that the investment required by companies in this industry is less than might be anticipated – 96% of the companies surveyed were found to have capital requirements of between $1million and $30 million.
"As clean technology is being integrated into virtually every sector of Canada's economy, it is essential that we identify the opportunities they create," said Vicky Sharpe, President and CEO of Sustainable Development Technology Canada (SDTC). "This report will be a great tool for the industry and for all levels of government to better understand the current state of the cleantech sector in the Prairies so that the region can take full advantage of these opportunities."
The Report, which is available in 5 editions (National, BC, Prairies, Ontario and Quebec), was produced by the Russell Mitchell Group in partnership with six provinces and five federal departments. It was sponsored by title sponsor SDTC, Industry Sponsor OMERS, presenting sponsor OCETA as well as BC Hydro, Business Development Bank of Canada (BDC), C3E, Cenovus, Export Development Canada (EDC), Encana, Lixar, Ogilvy Renault, RBC and the Stonewood Group.
It is complemented by an on-line database containing 436 companies with a view to making the industry more readily accessible to company managers, investors, procurers and government officials. The database can be found at www.cleantechnologyreport2010.ca
Sponsors, partners, and supporters of the Report include: Alberta Innovates – Technology Futures; BC Hydro; BDC; British Columbia Innovation Council; C3E; Cenovus Energy; Climate Change Central; CVCA; EnCana; Enterprise Saskatchewan; Enviro-access; Environment Canada; Export Development Canada; Foreign Affairs and International Trade Canada; Government of Manitoba; Greening Greater Toronto; Industry Canada; LifeSciences British Columbia; Lixar; Natural Resources Canada; OCETA; OCRI; Ogilvy Renault LLP; OMERS; Ontario Ministry of Research and Innovation; Quebec Ministry of Economic Development, Innovation and Export Trade; RBC; SpringBoard West Innovations; Stonewood Group; TMX Group; Western Economic Diversification Canada; and XPV Capital.
About SpringBoard West Innovations
SpringBoard West Innovations Inc. is a non-profit organization established to help innovators transform an idea into a commercial reality and to help organizations access important new innovations. SpringBoard staff works alongside Saskatchewan entrepreneurs to accelerate the transformation of new ideas into marketable products and services. The organization provides services to a range of technology clients within Saskatchewan.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
About the Russell Mitchell Group
The Russell Mitchell Group is an advisory firm focused on technology commercialization in the clean technology and ICT sectors. Founded by industry veterans with decades of operating and consulting experience, Russell Mitchell delivers strategic advice and operational support to emerging technology businesses, investment firms, financial institutions and government ministries.
Working with emerging company leaders to identify and capitalize on opportunities for growth, Russell Mitchell has helped some of Canada's most successful technology companies become global market leaders. Bringing insight and expertise gained by working with hundreds of companies across Canada and unparalleled proprietary industry research, Russell Mitchell offers: Business Planning; Corporate and Product Strategy; Technology Licensing; Go-to-Market Strategy; Strategic Planning; Business Risk and Performance Management; International Expansion; Hands-on Operational Support; Due Diligence; and Industry and Market Research. With offices in Toronto and Ottawa, the Russell Mitchell Group serves clients across Canada, as well as abroad.
An executive summary and the full Report can be found at www.cleantechnologyreport2010.ca
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/ . Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
2010 SDTC Cleantech Growth and Go-To-Market Report-Prairie Edition launched today
REGINA, SASKATCHEWAN--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 23, 2010) - Emerging clean technology companies are on the cusp of providing an economic, social, and environmental boost to Canada's Prairie Provinces.
Currently, more than 100 clean technology companies are in the process of commercializing new products across Alberta, Saskatchewan, and Manitoba. The report demonstrates that the Canadian clean tech industry was very resilient during the recession – between 2007 and 2009, the overall compound annual growth rate was 47% and growth was seen in both the high-growth and more established sectors.
Nearly three quarters of the prairies' clean technology companies were created as a result of a concept developed by an entrepreneur. In contrast, only nine percent of these companies were created as a result of technology developed through academic institutions, be it licensed or by the entrepreneur as an academic.
The Prairie edition of Canada's first-ever comprehensive report on the clean technology industry, 2010 SDTC Cleantech Growth and Go-To-Market Report , launched today, also found that sixty-four percent of the 106 cleantech companies in the prairies are technology product companies, thirty-two percent are technology-enabled service companies, and four percent are large-scale and distributed processing companies.
"This is a very exciting report because it gives emerging cleantech companies, organizations assisting these companies, and governments, the information we need to know to enhance the growth of this important industry," said Susan Gorges, CEO of SpringBoard West Innovations. "The information in the report will be a significant help to us as we create and enhance services to meet the needs of local cleantech entrepreneurs."
The report includes input from 168 Canadian cleantech companies including 28 from the Prairies. It looks at the state of the clean technology industry, with the intent of helping to build a globally competitive cleantech industry in Canada. The report also examines factors impacting investment in commercialization, which plays a key role in company growth.
"The Canadian cleantech industry has plenty of potential to build globally-competitive companies," said Céline Bak, Partner with the Russell Mitchell Group. "But, being global technology leaders is that much harder when early adopter markets are far from home. A thriving Canadian cleantech industry depends on more than just technological innovation; we will need to build strong domestic markets while at the same time, investing in world-class commercialization for customers at home and abroad."
Based on the survey and research findings, the 2010 SDTC Cleantech Growth and Go-To-Market Report proposes a plan that will enable Canada to have developed twenty cleantech companies that have achieved $100 million in annual revenues by the year 2020. The plan provides a list of recommendations including:
Investing in best practices and benchmarks for investment in commercialization as a driver of revenue growth
Ensuring emerging cleantech companies are able to access investment capital
Taxation changes that encourage investment in Canada's cleantech industry;
Policies to stimulate green procurement by large organizations and governments;
Deployment of financing vehicles, such as flow-through shares and debt products for technology-based companies, to address the gap between supply and demand for growth capital.
Regulation of greenhouse gases, which is one of the most important drivers for clean technology adoption worldwide.
While the report found that cleantech industries continue to require assistance in accessing capital, it also found that the investment required by companies in this industry is less than might be anticipated – 96% of the companies surveyed were found to have capital requirements of between $1million and $30 million.
"As clean technology is being integrated into virtually every sector of Canada's economy, it is essential that we identify the opportunities they create," said Vicky Sharpe, President and CEO of Sustainable Development Technology Canada (SDTC). "This report will be a great tool for the industry and for all levels of government to better understand the current state of the cleantech sector in the Prairies so that the region can take full advantage of these opportunities."
The Report, which is available in 5 editions (National, BC, Prairies, Ontario and Quebec), was produced by the Russell Mitchell Group in partnership with six provinces and five federal departments. It was sponsored by title sponsor SDTC, Industry Sponsor OMERS, presenting sponsor OCETA as well as BC Hydro, Business Development Bank of Canada (BDC), C3E, Cenovus, Export Development Canada (EDC), Encana, Lixar, Ogilvy Renault, RBC and the Stonewood Group.
It is complemented by an on-line database containing 436 companies with a view to making the industry more readily accessible to company managers, investors, procurers and government officials. The database can be found at www.cleantechnologyreport2010.ca
Sponsors, partners, and supporters of the Report include: Alberta Innovates – Technology Futures; BC Hydro; BDC; British Columbia Innovation Council; C3E; Cenovus Energy; Climate Change Central; CVCA; EnCana; Enterprise Saskatchewan; Enviro-access; Environment Canada; Export Development Canada; Foreign Affairs and International Trade Canada; Government of Manitoba; Greening Greater Toronto; Industry Canada; LifeSciences British Columbia; Lixar; Natural Resources Canada; OCETA; OCRI; Ogilvy Renault LLP; OMERS; Ontario Ministry of Research and Innovation; Quebec Ministry of Economic Development, Innovation and Export Trade; RBC; SpringBoard West Innovations; Stonewood Group; TMX Group; Western Economic Diversification Canada; and XPV Capital.
About SpringBoard West Innovations
SpringBoard West Innovations Inc. is a non-profit organization established to help innovators transform an idea into a commercial reality and to help organizations access important new innovations. SpringBoard staff works alongside Saskatchewan entrepreneurs to accelerate the transformation of new ideas into marketable products and services. The organization provides services to a range of technology clients within Saskatchewan.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
About the Russell Mitchell Group
The Russell Mitchell Group is an advisory firm focused on technology commercialization in the clean technology and ICT sectors. Founded by industry veterans with decades of operating and consulting experience, Russell Mitchell delivers strategic advice and operational support to emerging technology businesses, investment firms, financial institutions and government ministries.
Working with emerging company leaders to identify and capitalize on opportunities for growth, Russell Mitchell has helped some of Canada's most successful technology companies become global market leaders. Bringing insight and expertise gained by working with hundreds of companies across Canada and unparalleled proprietary industry research, Russell Mitchell offers: Business Planning; Corporate and Product Strategy; Technology Licensing; Go-to-Market Strategy; Strategic Planning; Business Risk and Performance Management; International Expansion; Hands-on Operational Support; Due Diligence; and Industry and Market Research. With offices in Toronto and Ottawa, the Russell Mitchell Group serves clients across Canada, as well as abroad.
An executive summary and the full Report can be found at www.cleantechnologyreport2010.ca
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/ . Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Solar Stock News; Evergreen Solar (NasdaqGM: ESLR) Appoints Michael El-Hillow President and Chief Executive Officer
Solar Stock News; Evergreen Solar (NasdaqGM: ESLR) Appoints Michael El-Hillow President and Chief Executive Officer
MARLBORO, Mass.--(http://www.investorideas.com/ clean energy stocks blog )--Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon® solar power products with its proprietary, low-cost silicon wafer technology, today announced that it has appointed Michael El-Hillow to the position of President and Chief Executive Officer effective immediately, replacing Richard M. Feldt who has accepted the position of Chief Executive Officer with a privately-held company. Mr. El-Hillow was also re-elected a director of the Company at a September 22, 2010 meeting of the Board.
“He has left a great platform that our stakeholders, customers and employees will continue to benefit from as we further leverage our unique technology and extend our leadership position as solar power becomes an increasingly critical resource for growing economies worldwide.”
.Mr. El-Hillow previously served as Chairman of the Board for Evergreen from October 2005 to January 2007 when he was recruited to the Company as the Chief Financial Officer. In September 2009, he also assumed the responsibilities of Chief Operations Officer. Mr. El-Hillow will continue to oversee operations in his new role. The Company will immediately begin a search for a Chief Financial Officer. Paul Kawa, Corporate Controller, will serve as interim Chief Financial Officer.
Edward C. Grady will succeed Mr. Feldt as the Chairman of the Evergreen Solar Board of Directors. Mr. Grady has been a director since 2005 and has most recently served the Board as its lead independent director. In commenting on Mr. El-Hillow’s appointment he stated, “In his roles as both corporate executive and board member Mike has played an instrumental role in both our evolution and growth. His leadership has been a catalyst in Evergreen’s expansion from a small regional technology company into a global manufacturing and customer service organization with facilities and offices in the United States, Europe and Asia. In addition to his financial role, Mike assumed significant operational responsibilities over the last year. His direct leadership is driving our Devens facility to exceed all of its operating goals as well as enabling Evergreen to move decisively with its expansion in China.”
Mr. Grady added, “Mike’s intimate involvement in all facets of Evergreen’s strategy and operations position him as the ideal executive for elevating the Company’s operational and commercialization success. The Board is extremely pleased to have someone of Mike’s caliber and demonstrated talent leading this Company.”
“It has been a pleasure working with Rick as he guided Evergreen Solar over the last seven years and he will be missed,” said Mr. El-Hillow. “He has left a great platform that our stakeholders, customers and employees will continue to benefit from as we further leverage our unique technology and extend our leadership position as solar power becomes an increasingly critical resource for growing economies worldwide.”
About Evergreen Solar, Inc.
Evergreen Solar, Inc. develops, manufactures and markets String Ribbon® solar power products using its proprietary, low-cost silicon wafer technology. The Company's patented wafer manufacturing technology uses significantly less polysilicon than conventional processes. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com. Evergreen Solar® and String Ribbon® are registered trademarks of Evergreen Solar, Inc.
Contacts
Evergreen Solar, Inc.
Chris Lawson, 508-251-3214
Director Marketing Communications
clawson@evergreensolar.com
or
Evergreen Solar, Inc.
Michael McCarthy, 508-251-3261
Director Investor Relations and Governmental Affairs
mmccarthy@evergreensolar.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks including solar stocks : learn more -http://www.investorideas.com/membership
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
MARLBORO, Mass.--(http://www.investorideas.com/ clean energy stocks blog )--Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon® solar power products with its proprietary, low-cost silicon wafer technology, today announced that it has appointed Michael El-Hillow to the position of President and Chief Executive Officer effective immediately, replacing Richard M. Feldt who has accepted the position of Chief Executive Officer with a privately-held company. Mr. El-Hillow was also re-elected a director of the Company at a September 22, 2010 meeting of the Board.
“He has left a great platform that our stakeholders, customers and employees will continue to benefit from as we further leverage our unique technology and extend our leadership position as solar power becomes an increasingly critical resource for growing economies worldwide.”
.Mr. El-Hillow previously served as Chairman of the Board for Evergreen from October 2005 to January 2007 when he was recruited to the Company as the Chief Financial Officer. In September 2009, he also assumed the responsibilities of Chief Operations Officer. Mr. El-Hillow will continue to oversee operations in his new role. The Company will immediately begin a search for a Chief Financial Officer. Paul Kawa, Corporate Controller, will serve as interim Chief Financial Officer.
Edward C. Grady will succeed Mr. Feldt as the Chairman of the Evergreen Solar Board of Directors. Mr. Grady has been a director since 2005 and has most recently served the Board as its lead independent director. In commenting on Mr. El-Hillow’s appointment he stated, “In his roles as both corporate executive and board member Mike has played an instrumental role in both our evolution and growth. His leadership has been a catalyst in Evergreen’s expansion from a small regional technology company into a global manufacturing and customer service organization with facilities and offices in the United States, Europe and Asia. In addition to his financial role, Mike assumed significant operational responsibilities over the last year. His direct leadership is driving our Devens facility to exceed all of its operating goals as well as enabling Evergreen to move decisively with its expansion in China.”
Mr. Grady added, “Mike’s intimate involvement in all facets of Evergreen’s strategy and operations position him as the ideal executive for elevating the Company’s operational and commercialization success. The Board is extremely pleased to have someone of Mike’s caliber and demonstrated talent leading this Company.”
“It has been a pleasure working with Rick as he guided Evergreen Solar over the last seven years and he will be missed,” said Mr. El-Hillow. “He has left a great platform that our stakeholders, customers and employees will continue to benefit from as we further leverage our unique technology and extend our leadership position as solar power becomes an increasingly critical resource for growing economies worldwide.”
About Evergreen Solar, Inc.
Evergreen Solar, Inc. develops, manufactures and markets String Ribbon® solar power products using its proprietary, low-cost silicon wafer technology. The Company's patented wafer manufacturing technology uses significantly less polysilicon than conventional processes. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com. Evergreen Solar® and String Ribbon® are registered trademarks of Evergreen Solar, Inc.
Contacts
Evergreen Solar, Inc.
Chris Lawson, 508-251-3214
Director Marketing Communications
clawson@evergreensolar.com
or
Evergreen Solar, Inc.
Michael McCarthy, 508-251-3261
Director Investor Relations and Governmental Affairs
mmccarthy@evergreensolar.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks including solar stocks : learn more -http://www.investorideas.com/membership
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Solar Stocks ; Sustainable Energy (TSX VENTURE:STG) Appoints Solar Industry Veteran to Sales & Marketing Post
Solar Stocks ; Sustainable Energy (TSX VENTURE:STG) Appoints Solar Industry Veteran to Sales & Marketing Post
TORONTO, ONTARIO--(http://www.investorideas.com/ clean energy stocks ) - Sept. 23, 2010) - Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") has appointed Axel Hartung as Chief Sales & Marketing Officer effective immediately. In this role Axel will be responsible for leading Sustainable Energy's sales strategies in North America and Europe.
Axel is a seasoned marketing and sales professional with more than 7 years experience in the solar industry first with German industry giant Diehl AKO where he was Manager of Business Development and latterly with Sustainable Energy, where he was responsible for European sales and marketing.
Commenting on his appointment Michael Carten CEO said: "Axel is the perfect fit to lead our sales and marketing effort. I know of no other person who has his experience with the evolution of the solar inverter industry and the changing dynamics of the competitive landscape. At Diehl, Axel was responsible for developing the successful marketing strategy for that company's "Platinum" line of solar inverters and has successfully rolled out our PARALEX business model in Europe. Axel's experience in Europe will be an enormous advantage to us in North America and Ontario."
Axel will continue to be based in Germany, which still represents the world's largest solar PV market, and will divide his time between North American and Europe.
"This is an exciting time for the Company and I am very pleased to be able to take on this role," said Axel. Power inverters are now driving change as the industry realizes that more gains in cost and efficiency can be achieved from better system design than from individual component efficiencies. The parallel system architecture may be the single most disruptive factor in the industry today improving system yields, reducing the cost of ownership and changing distribution patterns.
"Sustainable is the only company which can deliver this value in higher power ratings and at a cost that is competitive with conventional inverters."
Since introducing the SUNERGYTM product line in May, 2010, Sustainable Energy has quickly gained momentum in the Ontario market for the design flexibility, safety, and high yield advantages which can only be achieved with the SUNERGYTM inverter. Since May 2010, the Company has built a pipeline for Ontario and the US to the end of June 2011 of approximately 22.5 MW; and it is adding to that weekly. The pipeline represents a judgment by management based on forecasts from qualified accounts weighted to reflect the probability of sales within the time frame and is used by the Company to plan production.
SUNERGYTM product sales revenues for this period will depend on the product mix, which includes SUNERGYTM inverters components of the DC side balance of system ("BOS") - communications cards and combiners - which can increase the value of each unit sale by up to 20% – 30%. The Company also sells monitoring systems for each inverter which can range up to $800 per unit. Total revenues for this period will also be dependent on the percentage of unit sales that is for PARALEXTM systems – which include all solar panels along with the inverter and DC side BOS peripherals – in both thin film and crystalline configurations.
Whereas the Company believes product pricing for the SUNERGYTM inverter together with DC side BOS peripherals will average in the $420,000 – $600,000 per MW range depending on volumes and product mix, PARALEXTM pricing in Ontario will likely range from $2.5 - $3 million per MW. The Ontario market is still immature, and the Company is unable to provide any guidance on product mix or on the division between SUNERGYTM package sales and PARALEXTM sales.
Within Europe, the Company has established two private label relationships: Salicru S.A which exclusive for Spain and Portugal; and ChangeTec GmbH which is non-exclusive for Germany. It has also begun successfully marketing higher value PARALEXTM solutions (modules panels, inverters and DC balance of systems) directly to systems aggregators and project developers for rooftop and smaller ground based projects. In Europe PARALEX revenues per unit sale vary much more widely since the Company often provides racking in addition to DC side BOS modules and inverters.
About Sustainable Energy: Sustainable Energy www.sustainableenergy.com designs, manufactures and distributes power inverters for grid-connected solar PV systems. Advanced power inverters are a critical enabler of all modern solar PV power systems converting the direct current ("DC") power output of the solar PV modules into the high quality alternating current ("AC") power required by the power grid. Advanced power inverters also optimize the performance of the solar PV modules and maintain the integrity and safety of the interconnection with the power grid.
The extra low operating voltage (50v – 100v) of the SUNERGY ELV platform enables a system architecture that is inherently safe and that can be installed and maintained by most building trades without the need for PV specialists, significantly reducing the installed system cost and increasing investor yields. The SUNERGY inverter is rated for operating conditions ranging from minus 40 degrees Celsius to plus 50 degrees Celsius.
Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the US Patent and Canadian Patent Offices.
Forward Looking Information
The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, it includes: statements concerning the impact of our technology on solar PV system performance; statements and statements concerning the size and direction of solar PV markets; and statements concerning our sales pipeline with is a subjective judgment by management based on forecasts from "qualified" accounts weighted to reflect the probability of closing sales within the time frame and is used by the Company to plan production.
While management believes these statements to be accurate they are dependent on a wide range of factors beyond management's control and should not be viewed as a guarantee of the specific outcome. Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties.
Many factors could cause the Companies' actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Companies do not undertake any obligation to release publicly any revisions to forward- looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Sustainable Energy Technologies Ltd.
Michael Carten
Chief Executive Officer
(403) 508-7177 #111
http://www.sustainableenergy.com/
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks including over 1200 green stocks and solar stocks : http://www.investorideas.com/membership/
disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company
TORONTO, ONTARIO--(http://www.investorideas.com/ clean energy stocks ) - Sept. 23, 2010) - Sustainable Energy Technologies Ltd (TSX VENTURE:STG) ("Sustainable Energy" or the "Company") has appointed Axel Hartung as Chief Sales & Marketing Officer effective immediately. In this role Axel will be responsible for leading Sustainable Energy's sales strategies in North America and Europe.
Axel is a seasoned marketing and sales professional with more than 7 years experience in the solar industry first with German industry giant Diehl AKO where he was Manager of Business Development and latterly with Sustainable Energy, where he was responsible for European sales and marketing.
Commenting on his appointment Michael Carten CEO said: "Axel is the perfect fit to lead our sales and marketing effort. I know of no other person who has his experience with the evolution of the solar inverter industry and the changing dynamics of the competitive landscape. At Diehl, Axel was responsible for developing the successful marketing strategy for that company's "Platinum" line of solar inverters and has successfully rolled out our PARALEX business model in Europe. Axel's experience in Europe will be an enormous advantage to us in North America and Ontario."
Axel will continue to be based in Germany, which still represents the world's largest solar PV market, and will divide his time between North American and Europe.
"This is an exciting time for the Company and I am very pleased to be able to take on this role," said Axel. Power inverters are now driving change as the industry realizes that more gains in cost and efficiency can be achieved from better system design than from individual component efficiencies. The parallel system architecture may be the single most disruptive factor in the industry today improving system yields, reducing the cost of ownership and changing distribution patterns.
"Sustainable is the only company which can deliver this value in higher power ratings and at a cost that is competitive with conventional inverters."
Since introducing the SUNERGYTM product line in May, 2010, Sustainable Energy has quickly gained momentum in the Ontario market for the design flexibility, safety, and high yield advantages which can only be achieved with the SUNERGYTM inverter. Since May 2010, the Company has built a pipeline for Ontario and the US to the end of June 2011 of approximately 22.5 MW; and it is adding to that weekly. The pipeline represents a judgment by management based on forecasts from qualified accounts weighted to reflect the probability of sales within the time frame and is used by the Company to plan production.
SUNERGYTM product sales revenues for this period will depend on the product mix, which includes SUNERGYTM inverters components of the DC side balance of system ("BOS") - communications cards and combiners - which can increase the value of each unit sale by up to 20% – 30%. The Company also sells monitoring systems for each inverter which can range up to $800 per unit. Total revenues for this period will also be dependent on the percentage of unit sales that is for PARALEXTM systems – which include all solar panels along with the inverter and DC side BOS peripherals – in both thin film and crystalline configurations.
Whereas the Company believes product pricing for the SUNERGYTM inverter together with DC side BOS peripherals will average in the $420,000 – $600,000 per MW range depending on volumes and product mix, PARALEXTM pricing in Ontario will likely range from $2.5 - $3 million per MW. The Ontario market is still immature, and the Company is unable to provide any guidance on product mix or on the division between SUNERGYTM package sales and PARALEXTM sales.
Within Europe, the Company has established two private label relationships: Salicru S.A which exclusive for Spain and Portugal; and ChangeTec GmbH which is non-exclusive for Germany. It has also begun successfully marketing higher value PARALEXTM solutions (modules panels, inverters and DC balance of systems) directly to systems aggregators and project developers for rooftop and smaller ground based projects. In Europe PARALEX revenues per unit sale vary much more widely since the Company often provides racking in addition to DC side BOS modules and inverters.
About Sustainable Energy: Sustainable Energy www.sustainableenergy.com designs, manufactures and distributes power inverters for grid-connected solar PV systems. Advanced power inverters are a critical enabler of all modern solar PV power systems converting the direct current ("DC") power output of the solar PV modules into the high quality alternating current ("AC") power required by the power grid. Advanced power inverters also optimize the performance of the solar PV modules and maintain the integrity and safety of the interconnection with the power grid.
The extra low operating voltage (50v – 100v) of the SUNERGY ELV platform enables a system architecture that is inherently safe and that can be installed and maintained by most building trades without the need for PV specialists, significantly reducing the installed system cost and increasing investor yields. The SUNERGY inverter is rated for operating conditions ranging from minus 40 degrees Celsius to plus 50 degrees Celsius.
Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the US Patent and Canadian Patent Offices.
Forward Looking Information
The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, it includes: statements concerning the impact of our technology on solar PV system performance; statements and statements concerning the size and direction of solar PV markets; and statements concerning our sales pipeline with is a subjective judgment by management based on forecasts from "qualified" accounts weighted to reflect the probability of closing sales within the time frame and is used by the Company to plan production.
While management believes these statements to be accurate they are dependent on a wide range of factors beyond management's control and should not be viewed as a guarantee of the specific outcome. Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties.
Many factors could cause the Companies' actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Companies do not undertake any obligation to release publicly any revisions to forward- looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Sustainable Energy Technologies Ltd.
Michael Carten
Chief Executive Officer
(403) 508-7177 #111
http://www.sustainableenergy.com/
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks including over 1200 green stocks and solar stocks : http://www.investorideas.com/membership/
disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company
Renewable Energy Stocks News; New Generation Biofuels (NasdaqCM: NGBF) Announces Capital Raise of $0.5 Million in Registered Direct Offering.
Renewable Energy Stocks News; New Generation Biofuels (NasdaqCM: NGBF) Announces Capital Raise of $0.5 Million in Registered Direct Offering.
COLUMBIA, Md., Sept. 23 ( http://www.investorideas.com/ clean energy stocks blog) -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (NasdaqCM: NGBF) ("NGBF" or the "Company") announced today that it has entered into a definitive agreement with several institutional investors for a registered direct offering of 3,557,692 shares of previously unissued common stock at a price of $0.13 per share with total gross proceeds of $462,500. In addition to the issuance of common shares, New Generation will issue to the investors warrants exercisable for three common shares for every four common shares purchased with an exercise price of $0.15 per share. The warrants will expire 5 years from the closing date. The common shares sold, the warrants and the shares underlying the warrants are to be issued under New Generation's Form S-3 shelf registration statement that was previously declared effective by the Securities and Exchange Commission on January 27, 2009. The terms of the offering also provide that for the next 30 trading days, the investors will have the right to purchase additional shares of common stock off the noted Form S-3 shelf registration statement at market prices as additional room becomes available as our non-affiliate share float increases.
Palladium Capital Advisors LLC, acted as the Placement Agent for this transaction.
New Generation expects to use the net proceeds for general working capital purposes and fund additional debt settlements. The offering is expected to close on September 23, 2010, subject to satisfaction of customary closing conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Copies of the prospectus supplement together with the accompanying prospectus can be obtained at the Securities and Exchange Commission's website at http://www.sec.gov.
About New Generation Biofuels, Holdings, Inc.
New Generation Biofuels is a developer and provider of renewable fuels. New Generation Biofuels holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from plant oils and animal fats that it markets as a new class of biofuel for power generation, commercial and industrial heating and marine use. The Company believes that its proprietary biofuel can provide a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. New Generation Biofuels' business model calls for establishing direct sales from manufacturing plants that it may purchase or build and sublicensing its technology to qualified licensees.
Forward Looking Statements
This news release contains forward-looking statements. These forward-looking statements concern the Company's operations, prospects, plans, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. The risks and uncertainties related to our business, which include all the risks attendant an emerging growth company in the volatile energy industry, including those set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and in subsequent filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why the actual results could differ from those projected in the forward-looking statements.
Media Contact: Bryan McPhee ph: (410) 652-1159
IR Contact: Rob Schatz ph: (212) 370-4500
Or bkmcphee@newgenerationbiofuels.comRob@wolfeaxelrod.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks of over 1200 green stocks including biofuel stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
COLUMBIA, Md., Sept. 23 ( http://www.investorideas.com/ clean energy stocks blog) -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (NasdaqCM: NGBF) ("NGBF" or the "Company") announced today that it has entered into a definitive agreement with several institutional investors for a registered direct offering of 3,557,692 shares of previously unissued common stock at a price of $0.13 per share with total gross proceeds of $462,500. In addition to the issuance of common shares, New Generation will issue to the investors warrants exercisable for three common shares for every four common shares purchased with an exercise price of $0.15 per share. The warrants will expire 5 years from the closing date. The common shares sold, the warrants and the shares underlying the warrants are to be issued under New Generation's Form S-3 shelf registration statement that was previously declared effective by the Securities and Exchange Commission on January 27, 2009. The terms of the offering also provide that for the next 30 trading days, the investors will have the right to purchase additional shares of common stock off the noted Form S-3 shelf registration statement at market prices as additional room becomes available as our non-affiliate share float increases.
Palladium Capital Advisors LLC, acted as the Placement Agent for this transaction.
New Generation expects to use the net proceeds for general working capital purposes and fund additional debt settlements. The offering is expected to close on September 23, 2010, subject to satisfaction of customary closing conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Copies of the prospectus supplement together with the accompanying prospectus can be obtained at the Securities and Exchange Commission's website at http://www.sec.gov.
About New Generation Biofuels, Holdings, Inc.
New Generation Biofuels is a developer and provider of renewable fuels. New Generation Biofuels holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from plant oils and animal fats that it markets as a new class of biofuel for power generation, commercial and industrial heating and marine use. The Company believes that its proprietary biofuel can provide a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. New Generation Biofuels' business model calls for establishing direct sales from manufacturing plants that it may purchase or build and sublicensing its technology to qualified licensees.
Forward Looking Statements
This news release contains forward-looking statements. These forward-looking statements concern the Company's operations, prospects, plans, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. The risks and uncertainties related to our business, which include all the risks attendant an emerging growth company in the volatile energy industry, including those set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and in subsequent filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why the actual results could differ from those projected in the forward-looking statements.
Media Contact: Bryan McPhee ph: (410) 652-1159
IR Contact: Rob Schatz ph: (212) 370-4500
Or bkmcphee@newgenerationbiofuels.comRob@wolfeaxelrod.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks of over 1200 green stocks including biofuel stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Wind Stocks; GE’s (NYSE: GE) Wind Turbines Cutting Diesel Generation, Energy Costs for Alaska’s Kodiak Island
Wind Stocks; GE’s Wind Turbines Cutting Diesel Generation, Energy Costs for Alaska’s Kodiak Island
A Year of Successful Operation Translates Into Nearly a Million Fewer Gallons of Diesel Fuel Used
SCHENECTADY, N.Y.--(http://www.investorideas.com/ clean energy stocks blog )--Wind turbines supplied by GE (NYSE: GE) are helping the city of Kodiak, on Kodiak Island off the southern coast of Alaska, reduce its use of diesel fuel and lower its energy costs while supporting the local utility’s vision to generate most of its power from renewable sources. The three GE 1.5-megawatt (MW) wind turbines were installed in 2009 by the Kodiak Electric Association (KEA), Kodiak Island’s electric utility, as a part of the Pillar Mountain Wind Project.
“The project is helping the community grow and hopefully will pave the way for future applications of our wind turbine technology in Alaska.”
.After a year of successful operation, GE’s wind turbines have enabled KEA to avoid the use of 930,000 gallons of diesel fuel. The three GE wind turbines for the Pillar Mountain project have a total capacity of 4.5 MW, which equals approximately 25 percent of KEA’s peak load demands. In addition, the wind turbines have supplied roughly 9 percent of annual system generation for the island in the year that they have been operating. Prior to the installation of the wind turbines, KEA relied on diesel generation to provide much of the island’s peaking power.
“The use of wind turbines is saving our customers money and reducing emissions by directly displacing much of our diesel generation,” said Darron Scott, president & CEO of KEA. “The Pillar Mountain Wind Project is a significant step toward our target to generate 95 percent of our power from renewable resources by 2020.”
“We were very pleased to work on this project, understanding how important it was to the residents of Kodiak Island to have their power generated from cleaner, renewable sources,” said Victor Abate, vice president-renewable energy for GE Power & Water. “The project is helping the community grow and hopefully will pave the way for future applications of our wind turbine technology in Alaska.”
Most of Kodiak Island is wilderness with only the eastern part of the island occupied by about 15,000 residents. The power grid is isolated with no external connections to other power sources. Prior to the installation of the wind turbines, all of the island’s power was provided by a two-unit hydroelectric plant and seven diesel generators.
GE wind turbines feature advanced controls and electronics, enabling these machines to meet grid codes and stay online supporting the grid even during severe disturbances. These grid-friendly features facilitated the application of such a high percentage of wind generation on KEA’s small, isolated grid. Because of the large percentage of wind generation on the KEA grid, studies are underway to examine high levels of wind penetration on smaller grids.
In addition to the supply of the wind turbines—the first megawatt-class machines to be installed in Alaska—GE also signed a two-year service agreement with KEA. Under this agreement, GE will perform routine maintenance of the wind turbines for two years while training KEA crews in maintenance practices.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Contacts
GE Energy
Milissa Rocker, +1 518-385-2381
milissa.rocker@ge.com
or
Masto Public Relations
Ken Darling or Howard Masto, +1 518-786-6488
kenneth.darling@ge.com
howard.masto@ge.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks with over 1200 green stocks including wind stocks : http://www.investorideas.com/membership/
.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
A Year of Successful Operation Translates Into Nearly a Million Fewer Gallons of Diesel Fuel Used
SCHENECTADY, N.Y.--(http://www.investorideas.com/ clean energy stocks blog )--Wind turbines supplied by GE (NYSE: GE) are helping the city of Kodiak, on Kodiak Island off the southern coast of Alaska, reduce its use of diesel fuel and lower its energy costs while supporting the local utility’s vision to generate most of its power from renewable sources. The three GE 1.5-megawatt (MW) wind turbines were installed in 2009 by the Kodiak Electric Association (KEA), Kodiak Island’s electric utility, as a part of the Pillar Mountain Wind Project.
“The project is helping the community grow and hopefully will pave the way for future applications of our wind turbine technology in Alaska.”
.After a year of successful operation, GE’s wind turbines have enabled KEA to avoid the use of 930,000 gallons of diesel fuel. The three GE wind turbines for the Pillar Mountain project have a total capacity of 4.5 MW, which equals approximately 25 percent of KEA’s peak load demands. In addition, the wind turbines have supplied roughly 9 percent of annual system generation for the island in the year that they have been operating. Prior to the installation of the wind turbines, KEA relied on diesel generation to provide much of the island’s peaking power.
“The use of wind turbines is saving our customers money and reducing emissions by directly displacing much of our diesel generation,” said Darron Scott, president & CEO of KEA. “The Pillar Mountain Wind Project is a significant step toward our target to generate 95 percent of our power from renewable resources by 2020.”
“We were very pleased to work on this project, understanding how important it was to the residents of Kodiak Island to have their power generated from cleaner, renewable sources,” said Victor Abate, vice president-renewable energy for GE Power & Water. “The project is helping the community grow and hopefully will pave the way for future applications of our wind turbine technology in Alaska.”
Most of Kodiak Island is wilderness with only the eastern part of the island occupied by about 15,000 residents. The power grid is isolated with no external connections to other power sources. Prior to the installation of the wind turbines, all of the island’s power was provided by a two-unit hydroelectric plant and seven diesel generators.
GE wind turbines feature advanced controls and electronics, enabling these machines to meet grid codes and stay online supporting the grid even during severe disturbances. These grid-friendly features facilitated the application of such a high percentage of wind generation on KEA’s small, isolated grid. Because of the large percentage of wind generation on the KEA grid, studies are underway to examine high levels of wind penetration on smaller grids.
In addition to the supply of the wind turbines—the first megawatt-class machines to be installed in Alaska—GE also signed a two-year service agreement with KEA. Under this agreement, GE will perform routine maintenance of the wind turbines for two years while training KEA crews in maintenance practices.
About GE
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
Contacts
GE Energy
Milissa Rocker, +1 518-385-2381
milissa.rocker@ge.com
or
Masto Public Relations
Ken Darling or Howard Masto, +1 518-786-6488
kenneth.darling@ge.com
howard.masto@ge.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks with over 1200 green stocks including wind stocks : http://www.investorideas.com/membership/
.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Solar Stocks ; Underwriters Exercise Overallotment Option for 650,000 GT Solar (NASDAQ: SOLR) Shares in Secondary Offering
Solar Stocks ; Underwriters Exercise Overallotment Option for 650,000 GT Solar (NASDAQ: SOLR) Shares in Secondary Offering
MERRIMACK, N.H.--(http://www.investorideas.com/ clean energy stocks blog )--On September 23, 2010, GT Solar International, Inc. (NASDAQ: SOLR), announced that the underwriters for the recently announced secondary offering of GT Solar common stock have exercised in part their over-allotment option to purchase an additional 650,000 shares of GT Solar's common stock. The 11,650,000 shares of GT Solar common stock in the secondary offering, including the 650,000 shares subject to the over-allotment option, were sold at a price to the public of $7.39 per share. The sale of the 11,000,000 shares closed on September 15, 2010 and the sale of the 650,000 shares purchased pursuant to the over-allotment option closed on September 21, 2010.
All of the shares in the offering, including the shares subject to the over-allotment option, were sold by GT Solar Holdings, LLC. The Company did not receive any proceeds from the sale of the shares in connection with this secondary offering. Concurrently with the secondary offering, GT Solar Holdings, LLC also sold 14,000,000 shares of GT Solar’s common stock to UBS Securities LLC in connection with its underwriting of UBS AG’s Mandatorily Exchangeable Notes due 2013, which are exchangeable for shares of GT Solar’s common stock. Neither the Company nor GT Solar Holdings, LLC has any obligation to deliver any additional shares or other consideration in connection with the Mandatorily Exchangeable Notes.
The sale of the 650,000 shares in connection with the exercise of the over-allotment option was reported with the U.S. Securities and Exchange Commission on September 21, 2010 on separate Form 4s filed by Mr. J. Bradford Forth, Mr. R. Chad Van Sweden and Oaktree Capital Management, L.P., who may be deemed to have indirect beneficial ownership of the shares held by GT Solar Holdings, LLC.
Contacts
GT Solar International, Inc.
Media:
Jeff Nestel-Patt, 603-204-2883
jeff.nestelpatt@gtsolar.com
or
Investors/Analysts:
Bob Blair, 603-681-3869
bob.blair@gtsolar.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks with over 1200 green stocks including solar stocks
Join/learn more : http://www.investorideas.com/membership/
Visit www.investorideas.com/gi to get free green investor news and research tools and info on green stocks.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
MERRIMACK, N.H.--(http://www.investorideas.com/ clean energy stocks blog )--On September 23, 2010, GT Solar International, Inc. (NASDAQ: SOLR), announced that the underwriters for the recently announced secondary offering of GT Solar common stock have exercised in part their over-allotment option to purchase an additional 650,000 shares of GT Solar's common stock. The 11,650,000 shares of GT Solar common stock in the secondary offering, including the 650,000 shares subject to the over-allotment option, were sold at a price to the public of $7.39 per share. The sale of the 11,000,000 shares closed on September 15, 2010 and the sale of the 650,000 shares purchased pursuant to the over-allotment option closed on September 21, 2010.
All of the shares in the offering, including the shares subject to the over-allotment option, were sold by GT Solar Holdings, LLC. The Company did not receive any proceeds from the sale of the shares in connection with this secondary offering. Concurrently with the secondary offering, GT Solar Holdings, LLC also sold 14,000,000 shares of GT Solar’s common stock to UBS Securities LLC in connection with its underwriting of UBS AG’s Mandatorily Exchangeable Notes due 2013, which are exchangeable for shares of GT Solar’s common stock. Neither the Company nor GT Solar Holdings, LLC has any obligation to deliver any additional shares or other consideration in connection with the Mandatorily Exchangeable Notes.
The sale of the 650,000 shares in connection with the exercise of the over-allotment option was reported with the U.S. Securities and Exchange Commission on September 21, 2010 on separate Form 4s filed by Mr. J. Bradford Forth, Mr. R. Chad Van Sweden and Oaktree Capital Management, L.P., who may be deemed to have indirect beneficial ownership of the shares held by GT Solar Holdings, LLC.
Contacts
GT Solar International, Inc.
Media:
Jeff Nestel-Patt, 603-204-2883
jeff.nestelpatt@gtsolar.com
or
Investors/Analysts:
Bob Blair, 603-681-3869
bob.blair@gtsolar.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks with over 1200 green stocks including solar stocks
Join/learn more : http://www.investorideas.com/membership/
Visit www.investorideas.com/gi to get free green investor news and research tools and info on green stocks.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Clean Energy News; ProSep (TSX:PRP) Ranked Seventh Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50TM
Clean Energy News; ProSep (TSX:PRP) Ranked Seventh Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50TM
ProSep also receives third consecutive Technology Green 15TM award
MONTREAL, QUEBEC--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 23, 2010) - ProSep Inc. (TSX:PRP), dedicated to providing process solutions to the oil and gas industry, today announced that it ranked for a second consecutive year among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. ProSep ranked seventh with a 10,203 percent revenue growth from 2005 to 2009. The Company also received for the third consecutive year, a Technology Green 15™ Award created in 2007 to showcase 15 Canadian companies that are leading the way to create major breakthroughs in the field of green technology.
For over 13 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "ProSep is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."
"It is our employee's dedication and commitment to innovation that has allowed ProSep to break conventional boundaries and compete on a global scale," said Jacques L. Drouin, president and CEO. "In less than seven years our engineers developed an impressive portfolio of innovative solutions helping oil and gas producers around the world face growing environmental challenges, especially in the field of produced water."
To qualify for the Deloitte Technology Fast 50™ ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
About the Deloitte Technology Fast 50™ Program - The Deloitte Technology Fast 50™ program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50™Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50™ candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15™ Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC, Wellington Financial, Stonewood Group, HKMB Hub, CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit
www.fast50.ca.
About the Deloitte Technology Green 15™ – The Technology Green 15™ recognizes Canada's leading GreenTech companies. GreenTech, the industry term for "green technologies", is taking on greater importance in the world in general, and the world of business in particular. It includes any technology that promotes a more efficient use and re-use of the earth's resources in industrial production and consumption. GreenTech products and services are designed to reduce or eliminate environmental impacts and improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. Although many companies within GreenTech industry sectors are very different, they share a common trait: all use new, innovative technology to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.
About ProSep Inc.
ProSep Inc. is dedicated to providing process solutions to the oil and gas industry. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas generated by oil and gas production. For more information, please visit www.prosepinc.com.
Caution concerning forward-looking statements
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of ProSep Inc. These statements are based, among others, on the Company's current assumptions, expectations, estimates, objectives, plans and intentions regarding projected revenues and expenses, the economic and industry environments in which the Company operates or which could affect its activities, the Company's ability to attract new clients and consumers as well as its operating costs, raw materials and energy supplies which are subject to a number of risks and uncertainties. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. Actual results could differ materially from the conclusion, forecast or projection stated in such forward-looking information. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include but are not limited to the Company's ability to develop, manufacture, and successfully commercialize value added equipments and services, the availability of funds and resources to continue its operations and pursue its projects, legislative or regulatory developments, competition, technological change, changes in government and economic policy, inflation and general economic conditions in geographic areas where ProSep Inc. operates. These and other factors should be considered carefully and undue reliance should not be placed on the forward-looking statements.
For more information, please contact
ProSep Inc.
Patrice Daignault
CFO and Corporate Secretary
514-522-5550 ext. 235
pdaignault@prosepinc.com
or
dste-marie@prosepinc.com
News and Stories Published at the Clean Energy Stocks Blog for Green Investors:
Research Renewable Energy and water stocks as an http://www.investorideas.com/ member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
ProSep also receives third consecutive Technology Green 15TM award
MONTREAL, QUEBEC--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 23, 2010) - ProSep Inc. (TSX:PRP), dedicated to providing process solutions to the oil and gas industry, today announced that it ranked for a second consecutive year among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. ProSep ranked seventh with a 10,203 percent revenue growth from 2005 to 2009. The Company also received for the third consecutive year, a Technology Green 15™ Award created in 2007 to showcase 15 Canadian companies that are leading the way to create major breakthroughs in the field of green technology.
For over 13 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "ProSep is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."
"It is our employee's dedication and commitment to innovation that has allowed ProSep to break conventional boundaries and compete on a global scale," said Jacques L. Drouin, president and CEO. "In less than seven years our engineers developed an impressive portfolio of innovative solutions helping oil and gas producers around the world face growing environmental challenges, especially in the field of produced water."
To qualify for the Deloitte Technology Fast 50™ ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
About the Deloitte Technology Fast 50™ Program - The Deloitte Technology Fast 50™ program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50™Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50™ candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15™ Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC, Wellington Financial, Stonewood Group, HKMB Hub, CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit
www.fast50.ca.
About the Deloitte Technology Green 15™ – The Technology Green 15™ recognizes Canada's leading GreenTech companies. GreenTech, the industry term for "green technologies", is taking on greater importance in the world in general, and the world of business in particular. It includes any technology that promotes a more efficient use and re-use of the earth's resources in industrial production and consumption. GreenTech products and services are designed to reduce or eliminate environmental impacts and improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. Although many companies within GreenTech industry sectors are very different, they share a common trait: all use new, innovative technology to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.
About ProSep Inc.
ProSep Inc. is dedicated to providing process solutions to the oil and gas industry. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas generated by oil and gas production. For more information, please visit www.prosepinc.com.
Caution concerning forward-looking statements
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of ProSep Inc. These statements are based, among others, on the Company's current assumptions, expectations, estimates, objectives, plans and intentions regarding projected revenues and expenses, the economic and industry environments in which the Company operates or which could affect its activities, the Company's ability to attract new clients and consumers as well as its operating costs, raw materials and energy supplies which are subject to a number of risks and uncertainties. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. Actual results could differ materially from the conclusion, forecast or projection stated in such forward-looking information. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include but are not limited to the Company's ability to develop, manufacture, and successfully commercialize value added equipments and services, the availability of funds and resources to continue its operations and pursue its projects, legislative or regulatory developments, competition, technological change, changes in government and economic policy, inflation and general economic conditions in geographic areas where ProSep Inc. operates. These and other factors should be considered carefully and undue reliance should not be placed on the forward-looking statements.
For more information, please contact
ProSep Inc.
Patrice Daignault
CFO and Corporate Secretary
514-522-5550 ext. 235
pdaignault@prosepinc.com
or
dste-marie@prosepinc.com
News and Stories Published at the Clean Energy Stocks Blog for Green Investors:
Research Renewable Energy and water stocks as an http://www.investorideas.com/ member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Investorideas.com - OTC Trading Alert; Volume Leading Green Stocks ($0.50-$1.00): (CRGEE, CSGH, SILA, PRWP)
Investorideas.com - OTC Trading Alert; Volume Leading Green Stocks ($0.50-$1.00): (CRGEE, CSGH, SILA, PRWP)
Note to Editors: The Following Is an Investment Opinion Being Issued by OTC VOLUME LEADERS
Point Roberts, WA (Investorideas.com Newswire) September 23, 2010 - OTC VOLUME LEADERS (www.otcvolumeleaders.com ) reports on the most active trading stocks on the OTCBB for interested small cap investors. OTC Volume leaders ($0.50-$1.00) include Gold American Mining Corp. (OTCBB: SILA), Clenergen Corp. (OTCBB: CRGEE), China Sun Group High-Tech Co. (OTCBB: CSGH), and Pro-Pharmaceuticals Inc. (OTCBB: PRWP).
OTC/Market Commentary:
One of the OTCBB volume leader reports; Recent News; "China Sun Group High-Tech Co. ("China Sun Group" or the "Company"), a vertically integrated supplier of raw materials for rechargeable Lithium-ion (Li-ion) batteries in China, today announced that it has hired leading international law firm, Reed Smith LLP as its new U.S. corporate and securities counsel. Reed Smith will handle U.S. securities filings, compliance work and transactions in the U.S. for the rapidly expanding clean technology company, and ensure its compliance in such matters with the Securities and Exchange Commission (SEC).
China Sun is fast emerging as one of the world's leading suppliers of anode materials for lithium ion batteries, and has recently made several moves to increase its production capacity to meet the growing demand for this green technology."
Full Article: http://finance.yahoo.com/news/China-Sun-Group-Retains-Reed-prnews-4108281507.html?x=0&.v=37
Market Snapshot: (at time of release)
Dow 10,742.72 +3.41 +0.03%
Nasdaq 2,350.27 +15.72 +0.67%
S&P 500 1,134.35 +0.07 +0.01%
10 Yr Bond(%) 2.5280% -0.2000
Oil 75.24 +0.53 +0.71%
Gold 1,289.40 -0.80 -0.06%
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Note to Editors: The Following Is an Investment Opinion Being Issued by OTC VOLUME LEADERS
Point Roberts, WA (Investorideas.com Newswire) September 23, 2010 - OTC VOLUME LEADERS (www.otcvolumeleaders.com ) reports on the most active trading stocks on the OTCBB for interested small cap investors. OTC Volume leaders ($0.50-$1.00) include Gold American Mining Corp. (OTCBB: SILA), Clenergen Corp. (OTCBB: CRGEE), China Sun Group High-Tech Co. (OTCBB: CSGH), and Pro-Pharmaceuticals Inc. (OTCBB: PRWP).
OTC/Market Commentary:
One of the OTCBB volume leader reports; Recent News; "China Sun Group High-Tech Co. ("China Sun Group" or the "Company"), a vertically integrated supplier of raw materials for rechargeable Lithium-ion (Li-ion) batteries in China, today announced that it has hired leading international law firm, Reed Smith LLP as its new U.S. corporate and securities counsel. Reed Smith will handle U.S. securities filings, compliance work and transactions in the U.S. for the rapidly expanding clean technology company, and ensure its compliance in such matters with the Securities and Exchange Commission (SEC).
China Sun is fast emerging as one of the world's leading suppliers of anode materials for lithium ion batteries, and has recently made several moves to increase its production capacity to meet the growing demand for this green technology."
Full Article: http://finance.yahoo.com/news/China-Sun-Group-Retains-Reed-prnews-4108281507.html?x=0&.v=37
Market Snapshot: (at time of release)
Dow 10,742.72 +3.41 +0.03%
Nasdaq 2,350.27 +15.72 +0.67%
S&P 500 1,134.35 +0.07 +0.01%
10 Yr Bond(%) 2.5280% -0.2000
Oil 75.24 +0.53 +0.71%
Gold 1,289.40 -0.80 -0.06%
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Wednesday, September 22, 2010
Electric Car Stock News; ECOtality (NASDAQ:ECTY) Reveals EV Infrastructure Plan for Western Oregon
Electric Car Stock News; ECOtality (NASDAQ:ECTY) Reveals EV Infrastructure Plan for Western Oregon
More Than 1,000 Blink Charging Stations Will Charge up Electric Vehicles in Portland and Other Key Metropolitan Areas
PORTLAND, Ore.--(http://www.investorideas.com/ clean energy stocks blog )--ECOtality, Inc. (NASDAQ:ECTY), a leader in clean electric transportation and storage technologies, today unveiled its Blink electric vehicle charging station, as well as blueprints for electric vehicle (EV) infrastructure deployment in four major metropolitan areas in Northwestern Oregon: Portland, Salem, Corvallis and Eugene. The announcement marks the completion of a critical milestone in the planning process for The EV Project, the largest rollout of EV infrastructure in the world. As part of the project, ECOtality will install more than 1,100 publicly available chargers throughout the region.
“Throughout the EV Project, ECOtality is developing more calculated methods to prepare cities and regional areas for an EV infrastructure foundation”
.ECOtality worked closely with its Oregon Advisory Team and area stakeholders—including Pacificorp, the newest EV Project partner—to complete deployment guidelines and develop maps showing potential charging site locations and density. The maps were created using criteria developed during the Micro-Climate™ process, and take into consideration a variety of factors, including transportation routes, employment centers and zoning.
“I have long known that Oregon was the right state to launch this next generation of vehicles and show the rest of the country that we can make this transition without inconveniencing or pricing regular citizens out of this market,” said Governor Ted Kulongoski. “With today’s announcement, we are taking that next step forward toward making electric cars – and the supporting infrastructure – available, affordable and accessible to Oregonians across the state.”
“Today, Oregon is ready to emerge as a pioneer in electric vehicle adoption,” said Jonathan Read, President and CEO of ECOtality. “The support of our advisory group has provided invaluable research, and allowed us to develop a smart plan for the installation of EV infrastructure that suits the needs of Oregon’s future EV drivers. By coupling our plans with the capabilities of Blink, we are creating the rich charge infrastructure needed to make electric vehicles a reality.”
The four Oregon cities were selected as host sites for The EV Project in 2009, and will play a critical role in developing a rich charging infrastructure for EV drivers. ECOtality coordinated with the state to develop an advisory team, including representatives from state and local government agencies and utilities.
“Throughout the EV Project, ECOtality is developing more calculated methods to prepare cities and regional areas for an EV infrastructure foundation,” stated Don Karner, President of ECOtality North America. “With each blueprint ECOtality creates, we are able to move forward in paving the way for the national rollout of electric vehicles.”
ECOtality is the project manager for The EV Project, and is tasked with supervising the construction of the largest deployment of EV infrastructure to date. The $230 million public-private initiative is funded with a $114.8 million grant from the U.S. Department of Energy through the American Recovery and Reinvestment Act (ARRA). The EV Project includes 16 states and major metropolitan areas, and will result in the installation of over 15,000 charging stations, over the course of three years.
The Oregon Advisory Team includes representatives from the Building Codes Division; City of Corvallis; City of Eugene; City of Gresham; City of Salem; Eugene Water & Electric Board; Oregon Department of Transportation; Oregon Business Development Department; Oregon Department of Energy; Oregon Transportation Research and Education Consortium; Pacific Power; Portland Development Commission; Portland General Electric; Salem Electric; and the University of Oregon.
About ECOtality, Inc.
ECOtality, Inc. (NASDAQ:ECTY), headquartered in San Francisco, Calif., is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks including electric car stocks :
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Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
More Than 1,000 Blink Charging Stations Will Charge up Electric Vehicles in Portland and Other Key Metropolitan Areas
PORTLAND, Ore.--(http://www.investorideas.com/ clean energy stocks blog )--ECOtality, Inc. (NASDAQ:ECTY), a leader in clean electric transportation and storage technologies, today unveiled its Blink electric vehicle charging station, as well as blueprints for electric vehicle (EV) infrastructure deployment in four major metropolitan areas in Northwestern Oregon: Portland, Salem, Corvallis and Eugene. The announcement marks the completion of a critical milestone in the planning process for The EV Project, the largest rollout of EV infrastructure in the world. As part of the project, ECOtality will install more than 1,100 publicly available chargers throughout the region.
“Throughout the EV Project, ECOtality is developing more calculated methods to prepare cities and regional areas for an EV infrastructure foundation”
.ECOtality worked closely with its Oregon Advisory Team and area stakeholders—including Pacificorp, the newest EV Project partner—to complete deployment guidelines and develop maps showing potential charging site locations and density. The maps were created using criteria developed during the Micro-Climate™ process, and take into consideration a variety of factors, including transportation routes, employment centers and zoning.
“I have long known that Oregon was the right state to launch this next generation of vehicles and show the rest of the country that we can make this transition without inconveniencing or pricing regular citizens out of this market,” said Governor Ted Kulongoski. “With today’s announcement, we are taking that next step forward toward making electric cars – and the supporting infrastructure – available, affordable and accessible to Oregonians across the state.”
“Today, Oregon is ready to emerge as a pioneer in electric vehicle adoption,” said Jonathan Read, President and CEO of ECOtality. “The support of our advisory group has provided invaluable research, and allowed us to develop a smart plan for the installation of EV infrastructure that suits the needs of Oregon’s future EV drivers. By coupling our plans with the capabilities of Blink, we are creating the rich charge infrastructure needed to make electric vehicles a reality.”
The four Oregon cities were selected as host sites for The EV Project in 2009, and will play a critical role in developing a rich charging infrastructure for EV drivers. ECOtality coordinated with the state to develop an advisory team, including representatives from state and local government agencies and utilities.
“Throughout the EV Project, ECOtality is developing more calculated methods to prepare cities and regional areas for an EV infrastructure foundation,” stated Don Karner, President of ECOtality North America. “With each blueprint ECOtality creates, we are able to move forward in paving the way for the national rollout of electric vehicles.”
ECOtality is the project manager for The EV Project, and is tasked with supervising the construction of the largest deployment of EV infrastructure to date. The $230 million public-private initiative is funded with a $114.8 million grant from the U.S. Department of Energy through the American Recovery and Reinvestment Act (ARRA). The EV Project includes 16 states and major metropolitan areas, and will result in the installation of over 15,000 charging stations, over the course of three years.
The Oregon Advisory Team includes representatives from the Building Codes Division; City of Corvallis; City of Eugene; City of Gresham; City of Salem; Eugene Water & Electric Board; Oregon Department of Transportation; Oregon Business Development Department; Oregon Department of Energy; Oregon Transportation Research and Education Consortium; Pacific Power; Portland Development Commission; Portland General Electric; Salem Electric; and the University of Oregon.
About ECOtality, Inc.
ECOtality, Inc. (NASDAQ:ECTY), headquartered in San Francisco, Calif., is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks including electric car stocks :
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Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Cleantech News; CNBC Launches New Segment Series on Clean Energy
Cleantech News; CNBC Launches New Segment Series on Clean Energy
'People, Planet, Profit’ to air on CNBC around the world, in association with The Zayed Future Energy Prize
LONDON--(http://www.investorideas.com/ clean energy stocks blog )--CNBC, the leading business and financial news channel, has announced the launch of a new global 10-part segment series on clean energy called People, Planet, Profit. The series is sponsored by The Zayed Future Energy Prize, an annual award that celebrates achievements that reflect innovation, long-term vision and leadership in renewable energy and sustainability.
People, Planet, Profit looks at the next generation of clean technologies and goes behind the scenes of the most innovative companies and the unique energy they create. For each technology the series will assess if it’s a viable clean energy source and if it can turn a profit for investors. Each programme will examine cutting edge technologies including tidal wave, osmotic power, algae fuel, kite power and smart grids. The segments, which will air during prime programming, will be hosted by CNBC anchor Geoff Cutmore.
The series will be broadcast on CNBC’s three regional networks, covering Europe, the Middle East and Africa, Asia-Pacific and the United States, reaching more than 240 million households worldwide. The series launched in EMEA and Asia-Pacific today and started airing in the Unites States this week.
People, Planet, Profit will air twice on Thursdays in EMEA at 09.45 CET and 16.45 CET. In Asia-Pacific the segment will air at 18.40 HK/SIN.
About CNBC in EMEA: CNBC, First in Business worldwide, is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe, with three regional networks in Asia, EMEA and the US. In EMEA, CNBC is the only real-time, pan-regional business and financial news network dedicated to CEOs, senior corporate executives, the financial services industry and investors. The channel is available in approximately 130 million homes, 1,400 banks and financial institutions and leading hotels across Europe, the Middle East and Africa. Additionally CNBC.com gives you access to live streams of all three CNBC regional networks and to the world’s most comprehensive archive of business news videos ever assembled. CNBC is a wholly owned subsidiary of NBC Universal. NBC Universal is the broadcasting unit of the General Electric Company (GE).
About The Zayed Future Energy Prize
The Zayed Future Energy Prize seeks to encourage innovation across a wide spectrum of renewable energy solutions, energy conservation and sustainability. The prize, now in its third year, is the largest of its kind and offers the winner $1.5 million and up to two finalists $350,000 each. Nominations & submissions to the competition can be made at www.ZayedFutureEnergyPrize.com until 8 October 2010. The Zayed Future Energy Prize represents the vision of His Highness, the late Founding Father and President of the United Arab Emirates, Sheikh Zayed bin Sultan al Nahyan.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks :
Join : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
'People, Planet, Profit’ to air on CNBC around the world, in association with The Zayed Future Energy Prize
LONDON--(http://www.investorideas.com/ clean energy stocks blog )--CNBC, the leading business and financial news channel, has announced the launch of a new global 10-part segment series on clean energy called People, Planet, Profit. The series is sponsored by The Zayed Future Energy Prize, an annual award that celebrates achievements that reflect innovation, long-term vision and leadership in renewable energy and sustainability.
People, Planet, Profit looks at the next generation of clean technologies and goes behind the scenes of the most innovative companies and the unique energy they create. For each technology the series will assess if it’s a viable clean energy source and if it can turn a profit for investors. Each programme will examine cutting edge technologies including tidal wave, osmotic power, algae fuel, kite power and smart grids. The segments, which will air during prime programming, will be hosted by CNBC anchor Geoff Cutmore.
The series will be broadcast on CNBC’s three regional networks, covering Europe, the Middle East and Africa, Asia-Pacific and the United States, reaching more than 240 million households worldwide. The series launched in EMEA and Asia-Pacific today and started airing in the Unites States this week.
People, Planet, Profit will air twice on Thursdays in EMEA at 09.45 CET and 16.45 CET. In Asia-Pacific the segment will air at 18.40 HK/SIN.
About CNBC in EMEA: CNBC, First in Business worldwide, is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe, with three regional networks in Asia, EMEA and the US. In EMEA, CNBC is the only real-time, pan-regional business and financial news network dedicated to CEOs, senior corporate executives, the financial services industry and investors. The channel is available in approximately 130 million homes, 1,400 banks and financial institutions and leading hotels across Europe, the Middle East and Africa. Additionally CNBC.com gives you access to live streams of all three CNBC regional networks and to the world’s most comprehensive archive of business news videos ever assembled. CNBC is a wholly owned subsidiary of NBC Universal. NBC Universal is the broadcasting unit of the General Electric Company (GE).
About The Zayed Future Energy Prize
The Zayed Future Energy Prize seeks to encourage innovation across a wide spectrum of renewable energy solutions, energy conservation and sustainability. The prize, now in its third year, is the largest of its kind and offers the winner $1.5 million and up to two finalists $350,000 each. Nominations & submissions to the competition can be made at www.ZayedFutureEnergyPrize.com until 8 October 2010. The Zayed Future Energy Prize represents the vision of His Highness, the late Founding Father and President of the United Arab Emirates, Sheikh Zayed bin Sultan al Nahyan.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks directory with over 1200 green stocks :
Join : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Electric Car News; 64 Percent of Electric Vehicle Charge Points in the United States to be Residential Units, Says Pike Research
Electric Car News; 64 Percent of Electric Vehicle Charge Points in the United States to be Residential Units, Says Pike Research
BOULDER, Colo.--(http://www.investorideas.com/ clean energy stocks blog )--The adoption of electric vehicles (EVs) over the next several years will be accompanied by a significant buildout of EV charging infrastructure including public, private, workplace, and residential charging equipment. A recent report from Pike Research forecasts that a total of 4.7 million charge points will be installed globally during the period from 2010 to 2015, however the cleantech market intelligence firm expects that the mix of charging station types will vary significantly by region. Unique among EV markets, the United States will be led by residential charging units, which will represent 64% of the country’s 974,000 charge points to be installed by 2015.
“In Asia Pacific and Europe, where multi-family housing is more common, just 35% of charge points will be residential, and EV drivers will rely much more heavily on public or private charging equipment for their primary recharging locations.”
.“Compared to the rest of the world, a greater percentage of U.S. electric vehicle owners will live in single-family homes,” says senior analyst John Gartner. “In Asia Pacific and Europe, where multi-family housing is more common, just 35% of charge points will be residential, and EV drivers will rely much more heavily on public or private charging equipment for their primary recharging locations.”
Gartner adds that North America will also see a higher percentage of plug-in hybrid electric vehicles (PHEVs), which require less charging infrastructure due to smaller battery packs and gasoline engines that extend their range. In addition, he says, utilities outside North America will more frequently serve as operators of public charging stations. These factors will result in a higher ratio of charging equipment to electrified vehicles in Asia Pacific and Western Europe, compared to the United States and Canada.
Pike Research’s study, “Electric Vehicle Charging Equipment”, analyzes technology and business issues related to the buildout of EV charging infrastructure in global markets. It examines the market for residential, public, private, and workplace charging stations as well as reviewing the key operational and technological impacts of plug-in hybrid and battery electric vehicles on the grid. Analysis includes an in-depth assessment of market drivers and barriers, along with profiles of charging infrastructure vendors and utilities. Detailed forecasts for EV charging equipment are included through 2015. An Executive Summary of the report is available for free download on the firm’s website.
Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Clean Transportation, Clean Industry, and Building Efficiency sectors. For more information, visit www.pikeresearch.com or call +1.303.997.4619.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Research electric car stocks and green stocks with the renewable energy stocks directory .
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
BOULDER, Colo.--(http://www.investorideas.com/ clean energy stocks blog )--The adoption of electric vehicles (EVs) over the next several years will be accompanied by a significant buildout of EV charging infrastructure including public, private, workplace, and residential charging equipment. A recent report from Pike Research forecasts that a total of 4.7 million charge points will be installed globally during the period from 2010 to 2015, however the cleantech market intelligence firm expects that the mix of charging station types will vary significantly by region. Unique among EV markets, the United States will be led by residential charging units, which will represent 64% of the country’s 974,000 charge points to be installed by 2015.
“In Asia Pacific and Europe, where multi-family housing is more common, just 35% of charge points will be residential, and EV drivers will rely much more heavily on public or private charging equipment for their primary recharging locations.”
.“Compared to the rest of the world, a greater percentage of U.S. electric vehicle owners will live in single-family homes,” says senior analyst John Gartner. “In Asia Pacific and Europe, where multi-family housing is more common, just 35% of charge points will be residential, and EV drivers will rely much more heavily on public or private charging equipment for their primary recharging locations.”
Gartner adds that North America will also see a higher percentage of plug-in hybrid electric vehicles (PHEVs), which require less charging infrastructure due to smaller battery packs and gasoline engines that extend their range. In addition, he says, utilities outside North America will more frequently serve as operators of public charging stations. These factors will result in a higher ratio of charging equipment to electrified vehicles in Asia Pacific and Western Europe, compared to the United States and Canada.
Pike Research’s study, “Electric Vehicle Charging Equipment”, analyzes technology and business issues related to the buildout of EV charging infrastructure in global markets. It examines the market for residential, public, private, and workplace charging stations as well as reviewing the key operational and technological impacts of plug-in hybrid and battery electric vehicles on the grid. Analysis includes an in-depth assessment of market drivers and barriers, along with profiles of charging infrastructure vendors and utilities. Detailed forecasts for EV charging equipment are included through 2015. An Executive Summary of the report is available for free download on the firm’s website.
Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Clean Transportation, Clean Industry, and Building Efficiency sectors. For more information, visit www.pikeresearch.com or call +1.303.997.4619.
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Research electric car stocks and green stocks with the renewable energy stocks directory .
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Green Building News; Anadarko's (NYSE: APC) Timberloch Building Achieves LEED® Silver Certification
Green Building News; Anadarko's (NYSE: APC) Timberloch Building Achieves LEED® Silver Certification
HOUSTON, TX--(http://www.investorideas.com/ clean energy stocks blog ) - September 22, 2010 - Anadarko Petroleum Corporation (NYSE: APC) today announced that its Timberloch office building in The Woodlands, Texas has been awarded LEED® Silver certification by the U.S. Green Building Council (USGBC).
"As an energy producer, we are keenly aware of the importance of energy conservation, and achieving back-to-back LEED certifications for both of our corporate office buildings in The Woodlands is a testament to that understanding and our commitment," Anadarko Real Estate and Facilities Manager John Frere said. "I am very proud of the work by our facilities teams to improve conservation, achieve greater energy efficiency and enhance the overall environmental performance of the Timberloch building and our entire corporate office complex."
The Timberloch building, which is located at 1200 Timberloch Place, was completed in 1998. Under Anadarko's ownership, the Timberloch building was upgraded to achieve LEED Silver certification for energy use, lighting, water and material use, as well as incorporating a variety of other sustainable strategies. The LEED Silver certification of the Timberloch building follows last year's LEED certification of the adjacent 30-story Anadarko Tower, which was the first office building in The Woodlands to achieve LEED certification. Both buildings also are recognized for their savings on energy consumption with the Energy Star Award given by the U.S. Environmental Protection Agency. The company has worked collaboratively with various vendors to upgrade and maximize features of both buildings such as the air filtration, the building automation system, and lighting infrastructure and controls. In addition, the team improved recycling programs and implemented green-cleaning and water-usage control programs.
The LEED (Leadership in Energy and Environmental Design) Green Building Rating System™ is an internationally recognized green building certification system that provides independent, third-party verification that a building meets the highest green building and performance measures.
A photo of Anadarko's Timberloch building and LEED Silver certification plaque will be available under the "Media Center/Anadarko News" tab at http://www.anadarko.com/.
Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2009, the company had approximately 2.3 billion barrels-equivalent of proved reserves, making it one of the world's largest independent exploration and production companies. For more information about Anadarko, please visit http://www.anadarko.com/.
Anadarko Contacts
Media:
John Christiansen
832.636.8736
Matt Carmichael
832.636.2845
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
HOUSTON, TX--(http://www.investorideas.com/ clean energy stocks blog ) - September 22, 2010 - Anadarko Petroleum Corporation (NYSE: APC) today announced that its Timberloch office building in The Woodlands, Texas has been awarded LEED® Silver certification by the U.S. Green Building Council (USGBC).
"As an energy producer, we are keenly aware of the importance of energy conservation, and achieving back-to-back LEED certifications for both of our corporate office buildings in The Woodlands is a testament to that understanding and our commitment," Anadarko Real Estate and Facilities Manager John Frere said. "I am very proud of the work by our facilities teams to improve conservation, achieve greater energy efficiency and enhance the overall environmental performance of the Timberloch building and our entire corporate office complex."
The Timberloch building, which is located at 1200 Timberloch Place, was completed in 1998. Under Anadarko's ownership, the Timberloch building was upgraded to achieve LEED Silver certification for energy use, lighting, water and material use, as well as incorporating a variety of other sustainable strategies. The LEED Silver certification of the Timberloch building follows last year's LEED certification of the adjacent 30-story Anadarko Tower, which was the first office building in The Woodlands to achieve LEED certification. Both buildings also are recognized for their savings on energy consumption with the Energy Star Award given by the U.S. Environmental Protection Agency. The company has worked collaboratively with various vendors to upgrade and maximize features of both buildings such as the air filtration, the building automation system, and lighting infrastructure and controls. In addition, the team improved recycling programs and implemented green-cleaning and water-usage control programs.
The LEED (Leadership in Energy and Environmental Design) Green Building Rating System™ is an internationally recognized green building certification system that provides independent, third-party verification that a building meets the highest green building and performance measures.
A photo of Anadarko's Timberloch building and LEED Silver certification plaque will be available under the "Media Center/Anadarko News" tab at http://www.anadarko.com/.
Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2009, the company had approximately 2.3 billion barrels-equivalent of proved reserves, making it one of the world's largest independent exploration and production companies. For more information about Anadarko, please visit http://www.anadarko.com/.
Anadarko Contacts
Media:
John Christiansen
832.636.8736
Matt Carmichael
832.636.2845
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Green Investor News - GreenAngel (TSX.V:GAE) Announces Non-Brokered Private Placement
Green Investor News - GreenAngel (TSX.V:GAE) Announces Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy stocks blog ) - GreenAngel Energy Corporation ("GreenAngel") (TSX VENTURE:GAE) announced September 20th a best efforts non-brokered private placement to accredited investors to raise a minimum of $150,000 from the issuance of 1 million shares and a maximum of $300,000 from the issuance of 2 million shares in the capital stock of the Company, at a minimum price of $0.15 per share.
The directors of the Company have agreed to collectively subscribe for a minimum of 300,000 shares.
Proceeds from the private placement will be used for general working capital, to launch an investor relations program and to consider additional investments in emerging clean energy technologies.
The private placement is subject to receipt of necessary stock exchange approvals.
About GreenAngel Energy
GreenAngel Energy Corp. is a green energy technology company. Our focus is commercializing new technologies that produce renewable energy, improve energy efficiency, or use renewable energy resources such as water, wind and solar. We also work with companies that deploy or manage technologies and processes that reduce greenhouse gas (GHG) emissions. In addition to providing strategic capital to investee companies, GreenAngel also provides business and advisory services to help ensure these companies achieve commercial success. The firms include Delaware Power Systems, Light-Based Technologies, Habitat Enterprises, Rapid Electric Vehicles, DPoint Technologies, and Paradigm Environmental Technologies. For more information, please visit www.greenangelenergy.ca.
ON BEHALF OF THE BOARD
Bob de Wit, CEO and Director
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's listing of its common shares on the TSX Venture Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
For more information, please contact
GreenAngel Energy Corporation
Bob de Wit
CEO and Director
(604)916-3434
info@greenangelenergy.ca
http://www.greenangelenergy.ca/
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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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy stocks blog ) - GreenAngel Energy Corporation ("GreenAngel") (TSX VENTURE:GAE) announced September 20th a best efforts non-brokered private placement to accredited investors to raise a minimum of $150,000 from the issuance of 1 million shares and a maximum of $300,000 from the issuance of 2 million shares in the capital stock of the Company, at a minimum price of $0.15 per share.
The directors of the Company have agreed to collectively subscribe for a minimum of 300,000 shares.
Proceeds from the private placement will be used for general working capital, to launch an investor relations program and to consider additional investments in emerging clean energy technologies.
The private placement is subject to receipt of necessary stock exchange approvals.
About GreenAngel Energy
GreenAngel Energy Corp. is a green energy technology company. Our focus is commercializing new technologies that produce renewable energy, improve energy efficiency, or use renewable energy resources such as water, wind and solar. We also work with companies that deploy or manage technologies and processes that reduce greenhouse gas (GHG) emissions. In addition to providing strategic capital to investee companies, GreenAngel also provides business and advisory services to help ensure these companies achieve commercial success. The firms include Delaware Power Systems, Light-Based Technologies, Habitat Enterprises, Rapid Electric Vehicles, DPoint Technologies, and Paradigm Environmental Technologies. For more information, please visit www.greenangelenergy.ca.
ON BEHALF OF THE BOARD
Bob de Wit, CEO and Director
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's listing of its common shares on the TSX Venture Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
For more information, please contact
GreenAngel Energy Corporation
Bob de Wit
CEO and Director
(604)916-3434
info@greenangelenergy.ca
http://www.greenangelenergy.ca/
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
.
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Solar Stocks; Etrion (TSX:ETX),Announces New Board Director
Solar Stocks; Etrion (TSX:ETX),Announces New Board Director
GENEVA, SWITZERLAND--(http://www.investorideas.com/ clean energy stocks blog) - Sept. 22, 2010) - Etrion Corporation ("Etrion" or the "Company") (TSX:ETX), an independent solar power producer, announces a change to its board of directors. Clarence Cottman has tendered his resignation as a director, and the Etrion board has appointed Aksel Azrac as his replacement. Mr. Azrac is a senior partner and co-founder of 1875 Finance SA, an asset management and investment advisory firm based in Geneva, Switzerland.
Ian Lundin, Etrion's Chairman, commented, "Clancy was instrumental in completing our transition to a renewable energy company. We thank Clancy for helping to launch Etrion, and we welcome Aksel's extensive capital markets experience to the board. Aksel has worked with several Lundin Group companies in the past and will make a significant contribution to Etrion's growth."
About the Company
Etrion Corporation builds, owns and operates electrical power plants based on renewable sources of energy, including solar photovoltaic. The Company is listed on the Toronto Stock Exchange (ticker symbol "ETX") and is based in Geneva, Switzerland with an office in Rome, Italy. Etrion is owned 40% by Lundin Petroleum, a Swedish independent oil and gas company traded on the NASDAQ OMX Stockholm exchange (ticker symbol "LUPE"), and approximately 12% by the Lundin family through various trusts.
For more information, please contact
Etrion Corporation
Garrett Soden
Chief Financial Officer
+41 (22) 715 20 90
+41 (22) 715 20 99 (FAX)
www.etrion.ch
News and Stories Published at the www.investorideas.com 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
GENEVA, SWITZERLAND--(http://www.investorideas.com/ clean energy stocks blog) - Sept. 22, 2010) - Etrion Corporation ("Etrion" or the "Company") (TSX:ETX), an independent solar power producer, announces a change to its board of directors. Clarence Cottman has tendered his resignation as a director, and the Etrion board has appointed Aksel Azrac as his replacement. Mr. Azrac is a senior partner and co-founder of 1875 Finance SA, an asset management and investment advisory firm based in Geneva, Switzerland.
Ian Lundin, Etrion's Chairman, commented, "Clancy was instrumental in completing our transition to a renewable energy company. We thank Clancy for helping to launch Etrion, and we welcome Aksel's extensive capital markets experience to the board. Aksel has worked with several Lundin Group companies in the past and will make a significant contribution to Etrion's growth."
About the Company
Etrion Corporation builds, owns and operates electrical power plants based on renewable sources of energy, including solar photovoltaic. The Company is listed on the Toronto Stock Exchange (ticker symbol "ETX") and is based in Geneva, Switzerland with an office in Rome, Italy. Etrion is owned 40% by Lundin Petroleum, a Swedish independent oil and gas company traded on the NASDAQ OMX Stockholm exchange (ticker symbol "LUPE"), and approximately 12% by the Lundin family through various trusts.
For more information, please contact
Etrion Corporation
Garrett Soden
Chief Financial Officer
+41 (22) 715 20 90
+41 (22) 715 20 99 (FAX)
www.etrion.ch
News and Stories Published at the www.investorideas.com 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Green Investor News ; Teck ( NYSE: TCK) to Partner With Suncor on Wintering Hills Wind Power Project
Green Investor News ; Teck to Partner With Suncor on Wintering Hills Wind Power Project
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 22, 2010 - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it has signed a Joint Venture agreement with Suncor Energy Products Inc. to develop the Wintering Hills wind power project. Under the terms of the agreement, Suncor will own a 70 percent interest and operate the project and Teck will own the remaining 30 percent. Teck expects its total investment in connection with the project to be approximately $66 million.
"Teck is committed to the efficient use of energy and responsible management of associated greenhouse gas emissions to create a more sustainable future," said John Thompson, vice president, Technology and Development at Teck. "We look forward to working with Suncor, a Canadian pioneer in wind power."
"We're excited about the opportunity to grow our current renewables portfolio," said Jim Provias, vice president, Renewable Energy. "Wintering Hills will be Suncor's biggest wind power project to date and another example of Suncor's ongoing commitment to increasing renewable energy options in Canada."
The 88 megawatt (MW) Wintering Hills wind power project – which received regulatory approval from the Alberta Utilities Commission (AUC) on June 7, 2010 – will consist of 55 General Electric 1.6 MW turbines located on privately-owned land approximately 21 km south east of Drumheller, Alberta. Construction on the project began in July and is expected to be complete by the end of 2011. At peak operation, Wintering Hills is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). The forward-looking statements in this news release include statements concerning the expected net proceeds from the offering of the notes, the closing of the proposed notes, including the timing thereof, and the intended use of proceeds.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, risks relating unexpected expenses involved in the offering of the notes, closing of Teck's offering of the notes, conditions in financial markets, investor response to Teck's tender offer, and other risk factors as detailed from time to time in Teck's reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission. Certain of these risks are described in more detail in the annual information form of Teck and in its public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
About Teck Resources
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. www.teck.com
For more information, please contact
Teck Resources Limited
Marcia Smith
(604) 699-4616
marcia.smith@teck.com
www.teck.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy stocks blog ) - Sept. 22, 2010 - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it has signed a Joint Venture agreement with Suncor Energy Products Inc. to develop the Wintering Hills wind power project. Under the terms of the agreement, Suncor will own a 70 percent interest and operate the project and Teck will own the remaining 30 percent. Teck expects its total investment in connection with the project to be approximately $66 million.
"Teck is committed to the efficient use of energy and responsible management of associated greenhouse gas emissions to create a more sustainable future," said John Thompson, vice president, Technology and Development at Teck. "We look forward to working with Suncor, a Canadian pioneer in wind power."
"We're excited about the opportunity to grow our current renewables portfolio," said Jim Provias, vice president, Renewable Energy. "Wintering Hills will be Suncor's biggest wind power project to date and another example of Suncor's ongoing commitment to increasing renewable energy options in Canada."
The 88 megawatt (MW) Wintering Hills wind power project – which received regulatory approval from the Alberta Utilities Commission (AUC) on June 7, 2010 – will consist of 55 General Electric 1.6 MW turbines located on privately-owned land approximately 21 km south east of Drumheller, Alberta. Construction on the project began in July and is expected to be complete by the end of 2011. At peak operation, Wintering Hills is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). The forward-looking statements in this news release include statements concerning the expected net proceeds from the offering of the notes, the closing of the proposed notes, including the timing thereof, and the intended use of proceeds.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, risks relating unexpected expenses involved in the offering of the notes, closing of Teck's offering of the notes, conditions in financial markets, investor response to Teck's tender offer, and other risk factors as detailed from time to time in Teck's reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission. Certain of these risks are described in more detail in the annual information form of Teck and in its public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
About Teck Resources
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. www.teck.com
For more information, please contact
Teck Resources Limited
Marcia Smith
(604) 699-4616
marcia.smith@teck.com
www.teck.com
News and Stories Published at the 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. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
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