Point Roberts, WA - January 11, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors reports on solar stocks trading for Wednesday January 11th. Following on the heels of yesterday’s runs, several of the solar stocks have passed their gains from yesterday, trading considerably higher today as the industry says panel prices are stabilizing.
Solar stocks have made significant gains in January, asking the question for investors; have solar stocks bottomed and turning around?
Canadian Solar Inc. (NasdaqGS: CSIQ) has moved up to $3.51, up 0.41 (13.23%) 11:42AM EST on just under 1.5 Million shares.
LDK Solar Co. Inc. (NYSE: LDK) is trading at $5.0, up 0.41 (8.76%) 11:42AM EST on over 2 Million shares.
JA Solar Holdings, Co., Ltd. (NasdaqGS: JASO) is up a whopping (20.14%), trading at 1.73 0.29 at 11:45AM EST on over 5.9 Million shares, well above its average trading volume.
Trina Solar Limited (NYSE: TSL) trading up at $8.40, gaining $1.10 (15.07%) 11:41AM EST on over 3.8 Million shares.
Yingli Green Energy (NYSE: YGE) is giving investors impressive gains in today's trading, currently at $4.75, up 0.63 (15.29%) 11:39AM EST.
Solar stocks research:
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Read Peter's solar stocks column at http://www.investorideas.com/PL/
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Wednesday, January 11, 2012
Tuesday, January 10, 2012
Solar Stocks On the Move; (NasdaqGS: CSIQ), (NYSE: LDK), (NasdaqGS: JASO), (NYSE: TSL)
Point Roberts, WA - January 10, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, releases a trading alert for solar stocks on the move in Tuesday’s trading session. Solar stocks with business in China are taking the lead as percentage gainers in today’s trading.
Canadian Solar Inc. (NasdaqGS: CSIQ) is trading up at $3.14, up 0.25 (8.65%) 1:47PM EST, with a high of $3.17. The Company announced last Thursday, the successful completion and grid-connection of a 10 MW ground mounted solar project, a part of a 50MW solar plant, in Hongsibao, Ningxia, in northwest China at the end of 2011.
LDK Solar Co. Inc. (NYSE: LDK) is trading up at $4.61, up 0.24 (5.49 %) 1:53PM EST.The Company reported news last week that China Development Bank Corporation had recently approved a fifteen-year project loan for two solar power plants with a total capacity of 8 Megawatts ("MW") combined. The solar power plants are located in California and are wholly-owned by LDK Solar. CDB has also approved a fifteen-year buyer's credit to KDC Solar LLC ("KDC") for its two New Jersey solar power plants, Imclone and White Rose, consisting of 14.7 MW of its 300 MW portfolio. Additionally, CDB approved two-year construction financing to EPC contractor, Solar Power Inc. ("SPI"), a company majority owned by LDK Solar, for its undertaking of the New Jersey projects.
JA Solar Holdings, Co., Ltd. (NasdaqGS: JASO) is trading at $1.45, up 0.05 (3.21%) 1:58PM ESTon over 3 Million shares.
Trina Solar Limited (NYSE: TSL) is trading up at $7.38, up 0.30 (4.24%) 2:00PM EST with a high of $7.63. On January 4 th the Company announced the establishment of the Changzhou Trina International School.
The initiative is driven by investment from the Changzhou State-Owned Asset Investment Corporation, Changzhou Trina Solar Energy Co., Ltd., and the Changzhou Foreign Language School. The Changzhou Trina International School is also supported by the Changzhou New District Government and the Changzhou Education Bureau.
The international school will primarily attract children from the expatriate community, as well as students from within Jiangsu Province who have demonstrated outstanding academic achievement. The goal of creating a school of recognized international standards is to meet the city's growing demand for a first-class international education service, and will serve as an important pillar to attract international talents to Changzhou. The private school will provide international curricula for kindergarten, elementary, middle school and high school students, and is expected to open operations in the fall of 2012. The Company will invest an estimated $11.9 million for an approximate 31% equity stake.
Solar stocks research:
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Read Peter's solar stocks column at http://www.investorideas.com/PL/
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Canadian Solar Inc. (NasdaqGS: CSIQ) is trading up at $3.14, up 0.25 (8.65%) 1:47PM EST, with a high of $3.17. The Company announced last Thursday, the successful completion and grid-connection of a 10 MW ground mounted solar project, a part of a 50MW solar plant, in Hongsibao, Ningxia, in northwest China at the end of 2011.
LDK Solar Co. Inc. (NYSE: LDK) is trading up at $4.61, up 0.24 (5.49 %) 1:53PM EST.The Company reported news last week that China Development Bank Corporation had recently approved a fifteen-year project loan for two solar power plants with a total capacity of 8 Megawatts ("MW") combined. The solar power plants are located in California and are wholly-owned by LDK Solar. CDB has also approved a fifteen-year buyer's credit to KDC Solar LLC ("KDC") for its two New Jersey solar power plants, Imclone and White Rose, consisting of 14.7 MW of its 300 MW portfolio. Additionally, CDB approved two-year construction financing to EPC contractor, Solar Power Inc. ("SPI"), a company majority owned by LDK Solar, for its undertaking of the New Jersey projects.
JA Solar Holdings, Co., Ltd. (NasdaqGS: JASO) is trading at $1.45, up 0.05 (3.21%) 1:58PM ESTon over 3 Million shares.
Trina Solar Limited (NYSE: TSL) is trading up at $7.38, up 0.30 (4.24%) 2:00PM EST with a high of $7.63. On January 4 th the Company announced the establishment of the Changzhou Trina International School.
The initiative is driven by investment from the Changzhou State-Owned Asset Investment Corporation, Changzhou Trina Solar Energy Co., Ltd., and the Changzhou Foreign Language School. The Changzhou Trina International School is also supported by the Changzhou New District Government and the Changzhou Education Bureau.
The international school will primarily attract children from the expatriate community, as well as students from within Jiangsu Province who have demonstrated outstanding academic achievement. The goal of creating a school of recognized international standards is to meet the city's growing demand for a first-class international education service, and will serve as an important pillar to attract international talents to Changzhou. The private school will provide international curricula for kindergarten, elementary, middle school and high school students, and is expected to open operations in the fall of 2012. The Company will invest an estimated $11.9 million for an approximate 31% equity stake.
Solar stocks research:
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Read Peter's solar stocks column at http://www.investorideas.com/PL/
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Monday, January 09, 2012
Solar Stock up over 6%; Conversion Devices, Inc. (NasdaqGS: ENER)
Point Roberts, WA - January 9, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, releases a trading alert for solar stock Energy Conversion Devices, Inc. (NasdaqGS: ENER), a provider of lightweight, flexible solar products and systems for the building-integrated and commercial rooftop markets.
The stock is trading at $0.31, up 0.02 (6.90%) 1:36PM EST with a high of $0.34 on over 700,000 shares.
About Energy Conversion Devices
Energy Conversion Devices (ECD) (Nasdaq:ENER) has a renowned 51 year history since its formation in Detroit, Michigan and has been a pioneer in materials science and renewable energy technology development. The company has been awarded over 500 U.S. patents and international counterparts for its achievements. ECD's United Solar wholly owned subsidiary has been a global leader in building-integrated and rooftop photovoltaics for over 25 years. The company manufactures, sells and installs thin-film solar laminates that convert sunlight to clean, renewable energy using proprietary technology. UNI-SOLAR(R) brand products are unique because of their flexibility, light weight, ease of installation, durability, and real-world energy production. ECD's technology portfolio also includes the Ovonic Battery Company, the inventor and worldwide licensor of nickel-metal-hydride battery technology and the developer of proprietary advanced lithium-ion cathode materials, along with other emerging energy storage technologies. ECD's Ovonyx joint venture is the inventor and worldwide licensor of phase change memory (PCM) technology.
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Read Peter's solar stocks column at http://www.investorideas.com/PL/
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/ Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
The stock is trading at $0.31, up 0.02 (6.90%) 1:36PM EST with a high of $0.34 on over 700,000 shares.
About Energy Conversion Devices
Energy Conversion Devices (ECD) (Nasdaq:ENER) has a renowned 51 year history since its formation in Detroit, Michigan and has been a pioneer in materials science and renewable energy technology development. The company has been awarded over 500 U.S. patents and international counterparts for its achievements. ECD's United Solar wholly owned subsidiary has been a global leader in building-integrated and rooftop photovoltaics for over 25 years. The company manufactures, sells and installs thin-film solar laminates that convert sunlight to clean, renewable energy using proprietary technology. UNI-SOLAR(R) brand products are unique because of their flexibility, light weight, ease of installation, durability, and real-world energy production. ECD's technology portfolio also includes the Ovonic Battery Company, the inventor and worldwide licensor of nickel-metal-hydride battery technology and the developer of proprietary advanced lithium-ion cathode materials, along with other emerging energy storage technologies. ECD's Ovonyx joint venture is the inventor and worldwide licensor of phase change memory (PCM) technology.
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Read Peter's solar stocks column at http://www.investorideas.com/PL/
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/ Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Friday, January 06, 2012
Solar Energy Stocks; The China Factor
Point Roberts, WA - January 06, 2012 - (Investorideas.com renewable energy/ green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues a solar investor update on recent Chinese funding and investment in the solar sector.
January 5 th, SPI Solar (OTCBB: SOPW) announced that it has secured construction finance facilities totaling $44 million from China Development Bank ("CDB") to fund construction of solar energy facility ("SEF") projects it is working on jointly with KDC Solar in New Jersey. Separately, LDK Solar ("LDK") secured financing facilities of $20 million for two projects it is developing through Engineering, Construction and Procurement contracts with SPI in California. The LDK finance facilities will be used to fund construction costs of the California SEFs.
The stock closed up January 5 th at $ 0.41, up 0.0090 (2.24%) on the news, on over 129,000 shares.
January 4 th Ascent Solar Technologies, Inc. (NasdaqGM: ASTI ) reported that TFG Radiant Investment Group, Ltd of China will increase its ownership interest in solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
The stock closed up at $0.56, up 0.14 (33.33%) on over a million shares of trading on January 4 th following the news.
TFG Radiant will purchase the stake in the Company presently owned by Norsk Hydro Produksjon AS for $4 million, or approximately $0.50 per share. The transaction is expected to close within the next 90 days.
Victor Lee, managing director of TFG Radiant and an Ascent board member, said: "We continue to be very excited about the market potential for Ascent's transformational solar power technology. No other manufacturer can match the combination of power density and flexibility, which we believe will enable TFG Radiant to lead in rooftop and portable power applications in East Asia."
Research more solar stocks on global stock exchanges -and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
January 5 th, SPI Solar (OTCBB: SOPW) announced that it has secured construction finance facilities totaling $44 million from China Development Bank ("CDB") to fund construction of solar energy facility ("SEF") projects it is working on jointly with KDC Solar in New Jersey. Separately, LDK Solar ("LDK") secured financing facilities of $20 million for two projects it is developing through Engineering, Construction and Procurement contracts with SPI in California. The LDK finance facilities will be used to fund construction costs of the California SEFs.
The stock closed up January 5 th at $ 0.41, up 0.0090 (2.24%) on the news, on over 129,000 shares.
January 4 th Ascent Solar Technologies, Inc. (NasdaqGM: ASTI ) reported that TFG Radiant Investment Group, Ltd of China will increase its ownership interest in solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
The stock closed up at $0.56, up 0.14 (33.33%) on over a million shares of trading on January 4 th following the news.
TFG Radiant will purchase the stake in the Company presently owned by Norsk Hydro Produksjon AS for $4 million, or approximately $0.50 per share. The transaction is expected to close within the next 90 days.
Victor Lee, managing director of TFG Radiant and an Ascent board member, said: "We continue to be very excited about the market potential for Ascent's transformational solar power technology. No other manufacturer can match the combination of power density and flexibility, which we believe will enable TFG Radiant to lead in rooftop and portable power applications in East Asia."
Research more solar stocks on global stock exchanges -and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Thursday, January 05, 2012
Wednesday's Solar Stock Top Percentage Gainer; Ascent Solar Technologies (NasdaqGM: ASTI) Trades up 33.33%
Point Roberts, WA - January 5, 2012 - (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for solar investors for Ascent Solar Technologies, Inc. (NasdaqGM: ASTI). The stock was the top percentage gainer in the sector and closed up at $0.56, up 0.14 (33.33%) on over a million shares of trading.
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) reported that TFG Radiant Investment Group, Ltd. (TFG Radiant), is poised to increase its ownership interest in the Thornton, Colo., based solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
The Company said "TFG Radiant will purchase the stake in the Company presently owned by Norsk Hydro Produksjon AS for $4 million, or approximately $0.50 per share. The transaction is expected to close within the next 90 days."
Research more solar stocks on global stock exchanges - and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/ Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) reported that TFG Radiant Investment Group, Ltd. (TFG Radiant), is poised to increase its ownership interest in the Thornton, Colo., based solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
The Company said "TFG Radiant will purchase the stake in the Company presently owned by Norsk Hydro Produksjon AS for $4 million, or approximately $0.50 per share. The transaction is expected to close within the next 90 days."
Research more solar stocks on global stock exchanges - and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
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.
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/ Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Wednesday, January 04, 2012
Solar Stocks On the Rise: (ASTI), (DSTI), (ENER), (WEST)
Point Roberts, WA - January 4, 2012 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, releases a trading alert for solar stocks on the move in Wednesday’s trading session.
Several solar stocks are realizing significant gains in today's trading, two of them boosted by increased equity investments. Does this mean the beat up solar stocks are about to shine again in 2012?
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) is trading at $0.5512, up 0.1312 (31.24%) on over 800,000 shares. The Company reported today that TFG Radiant Investment Group, Ltd. (TFG Radiant), is poised to increase its ownership interest in the Thornton, Colo., based solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
DayStar Technologies, Inc.(NasdaqCM: DSTI) is trading up at $0.2, up 0.06 (27.23%) on over 198,000 shares. DayStar Technologies, Inc. is engaged in the development of solar photovoltaic products based upon CIGS thin film deposition technology.
Energy Conversion Devices, Inc.(NasdaqGS: ENER), a provider of lightweight, flexible solar products and systems for the building-integrated and commercial rooftop markets, is trading at $0.2599, up 0.0559 (27.40%) on over 1.5 Million shares.
Westinghouse Solar, Inc.(NasdaqCM: WEST) is trading at $ 0.51, up 0.14 (37.84%), trading as high as $0.64 on just under 1.6 million shares. The Company announced today that it has received an equity investment from CBD Energy Limited "CBD Energy" (ASX:CBD.AX), a diversified renewable energy company based in Sydney, Australia. In addition to the investment, the companies have agreed to explore a broader strategic relationship.
"CBD Energy, primarily through their operating solar subsidiary eco-Kinetics, is growing rapidly in Australia -- a market that is developing very much the same way as the U.S.," said Barry Cinnamon, CEO of Westinghouse Solar. "These cooperative efforts will help us extend our technology and distribution partnerships on a larger international scale. In particular, this partnership will allow us to extend our Westinghouse Solar brand to Australia."
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Several solar stocks are realizing significant gains in today's trading, two of them boosted by increased equity investments. Does this mean the beat up solar stocks are about to shine again in 2012?
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) is trading at $0.5512, up 0.1312 (31.24%) on over 800,000 shares. The Company reported today that TFG Radiant Investment Group, Ltd. (TFG Radiant), is poised to increase its ownership interest in the Thornton, Colo., based solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant's ownership at approximately 41 percent.
DayStar Technologies, Inc.(NasdaqCM: DSTI) is trading up at $0.2, up 0.06 (27.23%) on over 198,000 shares. DayStar Technologies, Inc. is engaged in the development of solar photovoltaic products based upon CIGS thin film deposition technology.
Energy Conversion Devices, Inc.(NasdaqGS: ENER), a provider of lightweight, flexible solar products and systems for the building-integrated and commercial rooftop markets, is trading at $0.2599, up 0.0559 (27.40%) on over 1.5 Million shares.
Westinghouse Solar, Inc.(NasdaqCM: WEST) is trading at $ 0.51, up 0.14 (37.84%), trading as high as $0.64 on just under 1.6 million shares. The Company announced today that it has received an equity investment from CBD Energy Limited "CBD Energy" (ASX:CBD.AX), a diversified renewable energy company based in Sydney, Australia. In addition to the investment, the companies have agreed to explore a broader strategic relationship.
"CBD Energy, primarily through their operating solar subsidiary eco-Kinetics, is growing rapidly in Australia -- a market that is developing very much the same way as the U.S.," said Barry Cinnamon, CEO of Westinghouse Solar. "These cooperative efforts will help us extend our technology and distribution partnerships on a larger international scale. In particular, this partnership will allow us to extend our Westinghouse Solar brand to Australia."
Use the renewable energy stocks directory to research 1300 green stocks including solar stocks on global stock exchanges http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit Investorideas.com green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer/ Disclosure: 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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information about Investorideas.com contact:
800.665.0411
Tuesday, January 03, 2012
Nanotechnology Stocks; mPhase (OTC.BB:XDSL) Refines New Automotive and Marine Product With Major European Automotive Manufacturer
LITTLE FALLS, NJ - January 3, 2012 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL.OB) today said that it has refined its prototype of a new automotive and marine product featuring advanced battery technology with a renowned European Automotive Manufacturer.
mPhase has continued to work on refinements to the product that has resulted in a size reduction and increased functionality over the first prototype that was completed in 2011.
The new product, with a distinguished design, is expected to have broad appeal to both the OEM and aftermarket automotive and marine industry.
"The company will be demonstrating the new product in the first quarter of 2012. The company has kept the new product under wraps in order to protect our intellectual property while attempting to establish a first to market advantage," said mPhase.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
973-256-3737
mPhase Technologies, Inc.
mPhase has continued to work on refinements to the product that has resulted in a size reduction and increased functionality over the first prototype that was completed in 2011.
The new product, with a distinguished design, is expected to have broad appeal to both the OEM and aftermarket automotive and marine industry.
"The company will be demonstrating the new product in the first quarter of 2012. The company has kept the new product under wraps in order to protect our intellectual property while attempting to establish a first to market advantage," said mPhase.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
973-256-3737
mPhase Technologies, Inc.
Visit the XDSL showcase profile at Investorideas.com
Request News and Info on XDSL
Disclosure, Disclaimer/ XDSL is a paid advertising client on Investorideas.com and our technology portals.
Request News and Info on XDSL
Disclosure, Disclaimer/ XDSL is a paid advertising client on Investorideas.com and our technology portals.
Tuesday, December 20, 2011
Car Charging Group (OTCBB: CCGI) Partners With Federal Realty Investment Trust to Install Electric Vehicle Charging Stations at Retail Sites Nationwide
MIAMI BEACH, Fla. - December 20, 2011 (Investorideas.com Newswire) - Car Charging Group, Inc. (OTCBB:CCGI.OB), a provider of electric vehicle (EV) charging services, and Federal Realty Investment Trust (NYSE:FRT) announced today a partnership to install electric vehicle (EV) charging stations across Federal Realty's portfolio of 18.6 million square feet of high quality retail assets in strategically selected metropolitan markets in the Northeast, Mid-Atlantic and California.
"Besides the obvious environmental benefits, a big advantage of electric cars will be the ability to conveniently fuel your vehicle when you're already stopped somewhere on your daily routine," said Michael D. Farkas, CEO of Car Charging Group. "Because of its prime locations across the nation, Federal Realty's unique retail and mixed use destinations serve as popular gathering places within the communities, making them perfect locations to top off your EV battery while you shop or dine."
During the first phase of the program, EV charging stations will be installed at the following Federal Realty Investment Trust properties:
"Federal Realty is committed to running our business in a socially responsible manner that balances our consideration for the environment with creating long-term value for our shareholders," said Mike Kelleher, director of asset management of Federal Realty. "The partnership with Car Charging Group to install EV charging stations is the next step in the continual greening of our operations, which already includes the creation of biofuels through recycled oil and grease waste from restaurants at our Bethesda Row mixed-use development, LEED certifications at many of our recent developments as well as numerous energy efficiencies and minimized usage of natural resource at a number of properties throughout the portfolio."
"This is an exciting partnership as it further expands our nationwide EV charging network," said Brian Golomb, director of sales for Car Charging Group, Inc. "These are also high-profile properties, which will bring even further awareness to the importance of EVs in the evolving U.S. transportation system."
About Car Charging Group, Inc.:
Car Charging Group, Inc. (OTCBB: CCGI.OB), headquartered in Miami, Florida, is the pioneer and one of the nation's fastest growing providers of EV charging services. Our ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. Our strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. After strategically assessing the most suitable and visible locations with our facility partners, we install and maintain the EV charging stations at no cost to our partners. Our partners benefit by sharing in the revenue generated from the EV charging stations while enhancing green initiatives throughout their business operations. Since we launched operations in 2009, we have developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. More than one million plug-in electric vehicles, such as the Nissan LEAF, GM Chevrolet Volt, Fisker Karma, Tesla Model S, Ford Focus EV as well as many others, are expected to be on the road in the U.S. by 2015 with estimates calling for more than 40 million on the road worldwide in 2030. For more information about Car Charging Group, Inc., please visit www.CarCharging.com.
About Federal Realty
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.6 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 93.3% leased to national, regional, and local retailers as of September 30, 2011, with no single tenant accounting for more than approximately 2.6% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 44 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT. For more information, please visit www.federalrealty.com.
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed.
Contact:
Investor Relations and Media Contact:
For Car Charging Group, Inc.
Kevin S. Inda
Corporate Communications, Inc. (CCI)
kevin.inda@cci-ir.com
407-566-1180
"Besides the obvious environmental benefits, a big advantage of electric cars will be the ability to conveniently fuel your vehicle when you're already stopped somewhere on your daily routine," said Michael D. Farkas, CEO of Car Charging Group. "Because of its prime locations across the nation, Federal Realty's unique retail and mixed use destinations serve as popular gathering places within the communities, making them perfect locations to top off your EV battery while you shop or dine."
During the first phase of the program, EV charging stations will be installed at the following Federal Realty Investment Trust properties:
- Santana Row in San Jose, California
- Bethesda Row in Bethesda, Maryland
- Congressional Plaza and Rockville Town Square in Rockville, Maryland
- Pentagon Row and The Village at Shirlington in Arlington, Virginia
"Federal Realty is committed to running our business in a socially responsible manner that balances our consideration for the environment with creating long-term value for our shareholders," said Mike Kelleher, director of asset management of Federal Realty. "The partnership with Car Charging Group to install EV charging stations is the next step in the continual greening of our operations, which already includes the creation of biofuels through recycled oil and grease waste from restaurants at our Bethesda Row mixed-use development, LEED certifications at many of our recent developments as well as numerous energy efficiencies and minimized usage of natural resource at a number of properties throughout the portfolio."
"This is an exciting partnership as it further expands our nationwide EV charging network," said Brian Golomb, director of sales for Car Charging Group, Inc. "These are also high-profile properties, which will bring even further awareness to the importance of EVs in the evolving U.S. transportation system."
About Car Charging Group, Inc.:
Car Charging Group, Inc. (OTCBB: CCGI.OB), headquartered in Miami, Florida, is the pioneer and one of the nation's fastest growing providers of EV charging services. Our ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. Our strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. After strategically assessing the most suitable and visible locations with our facility partners, we install and maintain the EV charging stations at no cost to our partners. Our partners benefit by sharing in the revenue generated from the EV charging stations while enhancing green initiatives throughout their business operations. Since we launched operations in 2009, we have developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. More than one million plug-in electric vehicles, such as the Nissan LEAF, GM Chevrolet Volt, Fisker Karma, Tesla Model S, Ford Focus EV as well as many others, are expected to be on the road in the U.S. by 2015 with estimates calling for more than 40 million on the road worldwide in 2030. For more information about Car Charging Group, Inc., please visit www.CarCharging.com.
About Federal Realty
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.6 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 93.3% leased to national, regional, and local retailers as of September 30, 2011, with no single tenant accounting for more than approximately 2.6% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 44 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT. For more information, please visit www.federalrealty.com.
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed.
Contact:
Investor Relations and Media Contact:
For Car Charging Group, Inc.
Kevin S. Inda
Corporate Communications, Inc. (CCI)
kevin.inda@cci-ir.com
407-566-1180
Thursday, December 15, 2011
Electric Car Stock News: Car Charging Group (OTCBB:CCGI) Awarded $1 Million Grant by Pennsylvania Department of EP
MIAMI BEACH, Fla. - December 15, 2011 (Investorideas.com Renewable Energy Newswire) - Car Charging Group, Inc. (OTCBB:CCGI.OB), a provider of electric vehicle (EV) charging services, today announced it has been awarded a $1 million grant by the Pennsylvania Department of Environmental Protection to install EV charging stations at 17 service plazas on the Pennsylvania Turnpike.
"This grant represents a tremendous accomplishment for our Company and endorsement of our industry leading capabilities to install and operate EV charging stations," said Michael D. Farkas, CEO of Car Charging Group. "We are extremely excited about this major project with the Pennsylvania Department of Environmental Protection to further develop EV infrastructure on the Pennsylvania Turnpike."
"Pennsylvania has been -- and will continue to be -- a nationwide leader on energy issues in all sectors," Pennsylvania Department of Environmental Protection Secretary Mike Krancer said.
"The Pennsylvania Turnpike has a long history of innovation in highway transportation," Turnpike Commission Chairman William K. Lieberman said. "We are pleased to participate in the effort to expand the electric vehicle charging infrastructure in Pennsylvania by offering electric car owners easy access to charging stations at convenient locations."
Car Charging Group will install Level II charging stations, which can charge a car in roughly four hours, and Level III charging stations, which can charge a car in about 20 minutes. The EV charging stations will be installed at the service plazas in three phases. The first phase of the work will be incorporated into ongoing service-plaza renovations between Harrisburg and New Jersey. Later phases will involve service plazas between Harrisburg and Ohio, and then along the Northeastern Extension. The project is expected to be completed by June 30, 2013.
Car Charging Group will install EV charging stations manufactured by Coulomb Technologies, the leading EV charging solutions company. Users will have access to the ChargePoint(R) Network, the largest global online network connecting EV drivers to unoccupied charging stations. Car Charging Group will provide flexible payment options, the ability to make reservations, and tracking of customer usage patterns, energy use, costs and revenues, all via the ChargePoint Network's cloud-based software service plans for managing EV charging operations. Through the network, EV drivers benefit from ChargePoint mobile apps (iPhone, Blackberry and Android), mapping services and driver support services.
The Turnpike Commission has also committed up to $500,000 in electric upgrades at the plazas to provide the charging stations with the necessary voltage.
The DEP grant is provided through the Alternative Fuels Incentive Grant Program, which is funded by a portion of the gross utilities receipts tax.
About Car Charging Group, Inc.:
Car Charging Group, Inc. (OTCBB:CCGI.OB), headquartered in Miami, Florida, is the pioneer and one of the nation's fastest growing providers of EV charging services. Our ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. Our strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. After strategically assessing the most suitable and visible locations with our facility partners, we install and maintain the EV charging stations at no cost to our partners. Our partners benefit by sharing in the revenue generated from the EV charging stations while enhancing green initiatives throughout their business operations. Since we launched operations in 2009, we have developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. More than one million plug-in electric vehicles, such as the Nissan LEAF, GM Chevrolet Volt, Fisker Karma, Tesla Model S, Ford Focus EV as well as many others, are expected to be on the road in the U.S. by 2015 with estimates calling for more than 40 million on the road worldwide in 2030. For more information about Car Charging Group, Inc., please visit www.CarCharging.com.
Forward-Looking Safe Harbor Statement:
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed.
Contact:
Investor Relations and Media Contact:
For Car Charging Group, Inc.
Kevin S. Inda
Corporate Communications, Inc. (CCI)
kevin.inda@cci-ir.com
407-566-1180
"This grant represents a tremendous accomplishment for our Company and endorsement of our industry leading capabilities to install and operate EV charging stations," said Michael D. Farkas, CEO of Car Charging Group. "We are extremely excited about this major project with the Pennsylvania Department of Environmental Protection to further develop EV infrastructure on the Pennsylvania Turnpike."
"Pennsylvania has been -- and will continue to be -- a nationwide leader on energy issues in all sectors," Pennsylvania Department of Environmental Protection Secretary Mike Krancer said.
"The Pennsylvania Turnpike has a long history of innovation in highway transportation," Turnpike Commission Chairman William K. Lieberman said. "We are pleased to participate in the effort to expand the electric vehicle charging infrastructure in Pennsylvania by offering electric car owners easy access to charging stations at convenient locations."
Car Charging Group will install Level II charging stations, which can charge a car in roughly four hours, and Level III charging stations, which can charge a car in about 20 minutes. The EV charging stations will be installed at the service plazas in three phases. The first phase of the work will be incorporated into ongoing service-plaza renovations between Harrisburg and New Jersey. Later phases will involve service plazas between Harrisburg and Ohio, and then along the Northeastern Extension. The project is expected to be completed by June 30, 2013.
Car Charging Group will install EV charging stations manufactured by Coulomb Technologies, the leading EV charging solutions company. Users will have access to the ChargePoint(R) Network, the largest global online network connecting EV drivers to unoccupied charging stations. Car Charging Group will provide flexible payment options, the ability to make reservations, and tracking of customer usage patterns, energy use, costs and revenues, all via the ChargePoint Network's cloud-based software service plans for managing EV charging operations. Through the network, EV drivers benefit from ChargePoint mobile apps (iPhone, Blackberry and Android), mapping services and driver support services.
The Turnpike Commission has also committed up to $500,000 in electric upgrades at the plazas to provide the charging stations with the necessary voltage.
The DEP grant is provided through the Alternative Fuels Incentive Grant Program, which is funded by a portion of the gross utilities receipts tax.
About Car Charging Group, Inc.:
Car Charging Group, Inc. (OTCBB:CCGI.OB), headquartered in Miami, Florida, is the pioneer and one of the nation's fastest growing providers of EV charging services. Our ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. Our strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. After strategically assessing the most suitable and visible locations with our facility partners, we install and maintain the EV charging stations at no cost to our partners. Our partners benefit by sharing in the revenue generated from the EV charging stations while enhancing green initiatives throughout their business operations. Since we launched operations in 2009, we have developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. More than one million plug-in electric vehicles, such as the Nissan LEAF, GM Chevrolet Volt, Fisker Karma, Tesla Model S, Ford Focus EV as well as many others, are expected to be on the road in the U.S. by 2015 with estimates calling for more than 40 million on the road worldwide in 2030. For more information about Car Charging Group, Inc., please visit www.CarCharging.com.
Forward-Looking Safe Harbor Statement:
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed.
Contact:
Investor Relations and Media Contact:
For Car Charging Group, Inc.
Kevin S. Inda
Corporate Communications, Inc. (CCI)
kevin.inda@cci-ir.com
407-566-1180
What’s Charging the Electric Car Market? – How Car Charging Group (OTCBB: CCGI) and The Better Place are Growing the Global EV Infrastructure
What’s Charging the Electric Car Market? – How Car Charging Group (OTCBB: CCGI) and The Better Place are Growing the Global EV Infrastructure
POINT ROBERTS, December 14, 2011 - www.InvestorIdeas.com, a leader in cleantech research and news for independent investors, publishes the following CFA commentary on the EV charging market and how Car Charging Group, Inc. (OTCBB: CCGI) and the Better Place are growing the global infrastructure for electric cars .
The report, Opportunity and Valuation in the Electric Vehicle Charging Market, was issued by Patrick J. Murphy, Murphy Analytics LLC, a provider of sponsored research coverage on small cap stocks.
Opportunity and Valuation in the Electric Vehicle Charging Market
Car Charging Group, Inc. (OTCBB: CCGI), headquartered in Miami, Florida, is one of the nation's fastest growing providers of Electric Vehicle (EV) charging services. The Company’s ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. The CCGI strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. Since launching operations in 2009, CCGI has developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. In addition to working with private enterprise, CCGI also pursues public sector opportunities. As an example, the Pennsylvania Department of Environmental Protection[i] announced 12/14/11 that that CCGI has been awarded a $1 million grant to help develop electric vehicle infrastructure by installing charging stations at 17 Turnpike service plazas.
In an attempt to understand the magnitude of the potential demand load increase, and to prepare for the impact the EV market growth may have on the electric grid, the ISO/RTC Council commissioned a study , “Assessment of Plug-in Electric Vehicle Integration with ISO/RTO Systems,” in which it was estimated that 1 million to 2.5 million EV’s may be on North American roads by 2015 – 2020. The following graphic illustrates the reports conclusion that the “slow” growth scenario is likely to result in 1 million EV by 2020:
For the period from 2017 – 2030, the study finds that: “This period is considered as the beginning of the mass-market...New technologies, advanced features, and new charging capabilities likely will be available. Third-generation PEVs are likely to begin appearing on the market. Most importantly, the vehicles will likely have appeal to mainstream automotive customers and become mass market products.”
With an estimated 842 vehicles per 1,000 citizens in the U.S. alone and the developing world’s per capita vehicle ownership ratios still exponentially below those of the U.S., the potential market opportunity for EV’s and the charging of EV’s is challenging to quantify but not difficult to characterize as very large.
Based on the recent capital raise by EV charging system operator Better Place, it seems clear that investors such as GE, UBS, HSBC and Morgan Stanley have concluded that the opportunity is indeed significant for the right operator. Announced November 11, 2011, Better Place recently completed a $200 million financing that valued the company at $2.25 billion on a post money / fully diluted basis. Better Place also reported that the Company has raised $750 million since its founding in 2007.
The Better Place solution is a model in which batteries are switched out rather than re-charged in the vehicle. According to its corporate description, Better Place “owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with instant range extension and the convenience to drive, switch and go across an entire region.” Better Place also reported that the financing proceeds would be used to expand operations into Western Europe and that other deployments are in progress in two U.S. states and several other countries.
As a private company, Better Place has no obligation to disclose detailed operational and financial data, so it is challenging to analyze its valuation relative to publicly traded companies such as Car Charging Group (OTCBB: CCGI), which as noted previously, has reported that its partner relationships provide access to 6.4 million parking spots, while CCGI's recent market capitalization was under $65 million.. There are publicly traded companies such as iGo, Inc. (NASDAQ: IGOI) and ZAGG Inc. (NASDAQ: ZAGG) whose operations have some degree of comparability to those of Car Charging Group (OTCBB: CCGI). However, like some of the electronics industry titans with some manner of presence in the sector, Car Charging Group’s (OTCBB: CCGI) comparables generally have operations that also include products and markets other than EV charging systems.
Regardless of the valuation methodology, given the level at which Better Place recently was valued by a group of sophisticated investors, it seems clear that the market is concluding that there is an opportunity to thrive in the car charging sector. Companies with strong systems, management teams, relationships and competitive positions may be worth a closer look for investors interested in finding a way to take advantage of what seems to be a rapidly expanding EV charging market.
Car Charging Group, Inc (OTCBB: CCGI)
Select Stock Trading Data
Recent Stock Price: $1.70
Shares Outstanding: 36.4 million
Float 8.3 million
Recent Market Cap: $62 million
52 Week Range: $0.68 - $6.24
Exchange: OTCBB
Ticker: CCGI
URL: http://www.carcharging.com
Data sourced from Yahoo! Finance; otcbb.com
Patrick Murphy Bio:
Patrick J. Murphy is the owner of Murphy Analytics LLC, a provider of sponsored research coverage on smallcap stocks. Mr. Murphy has nearly 20 years of capital markets experience providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. In addition to his work with Murphy Analytics, Mr. Murphy also serves as a consultant to a municipal derivatives advisory firm. Mr. Murphy is an alumnus of the University of Notre Dame (1991), with an undergraduate degree in Economics, and earned a Masters Degree in Finance from St. Louis University in 1997. Mr. Murphy is a CFA Charterholder and a member of the CFA Society of St. Louis.
Patrick Murphy Disclaimer:
Readers are advised that the above article is solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon the author’s analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author has not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings. The foregoing discussion contains statements which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected. The author, Patrick Murphy, was compensated $550 by InvestorIdeas.com for writing this article. Murphy does not own shares of any of the companies mentioned in this article. Mr. Murphy’s research firm, Murphy Analytics, may be engaged for the provision of a research report on the Company in the future.
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs)
http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
http://www1.eere.energy.gov/vehiclesandfuels/facts/2010_fotw617.html
http://www.betterplace.com/the-company-pressroom-pressreleases-detail/index/id/Better%20Place%20Raises%20$200%20Million%20Series%20C%20Financing
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes .Investorideas.com was compensated two thousand five hundred by a third party for to feature CFA Commentary on CCGI, in email distribution with other Investorideas.com partners and network of online media which are also compensated as part of this overall marketing. Investorideas.com compensated Patrick Murphy 550 for producing the article.
Contact Investorideas.com
800 665 0411
POINT ROBERTS, December 14, 2011 - www.InvestorIdeas.com, a leader in cleantech research and news for independent investors, publishes the following CFA commentary on the EV charging market and how Car Charging Group, Inc. (OTCBB: CCGI) and the Better Place are growing the global infrastructure for electric cars .
The report, Opportunity and Valuation in the Electric Vehicle Charging Market, was issued by Patrick J. Murphy, Murphy Analytics LLC, a provider of sponsored research coverage on small cap stocks.
Opportunity and Valuation in the Electric Vehicle Charging Market
Car Charging Group, Inc. (OTCBB: CCGI), headquartered in Miami, Florida, is one of the nation's fastest growing providers of Electric Vehicle (EV) charging services. The Company’s ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. The CCGI strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. Since launching operations in 2009, CCGI has developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. In addition to working with private enterprise, CCGI also pursues public sector opportunities. As an example, the Pennsylvania Department of Environmental Protection[i] announced 12/14/11 that that CCGI has been awarded a $1 million grant to help develop electric vehicle infrastructure by installing charging stations at 17 Turnpike service plazas.
In an attempt to understand the magnitude of the potential demand load increase, and to prepare for the impact the EV market growth may have on the electric grid, the ISO/RTC Council commissioned a study , “Assessment of Plug-in Electric Vehicle Integration with ISO/RTO Systems,” in which it was estimated that 1 million to 2.5 million EV’s may be on North American roads by 2015 – 2020. The following graphic illustrates the reports conclusion that the “slow” growth scenario is likely to result in 1 million EV by 2020:
For the period from 2017 – 2030, the study finds that: “This period is considered as the beginning of the mass-market...New technologies, advanced features, and new charging capabilities likely will be available. Third-generation PEVs are likely to begin appearing on the market. Most importantly, the vehicles will likely have appeal to mainstream automotive customers and become mass market products.”
With an estimated 842 vehicles per 1,000 citizens in the U.S. alone and the developing world’s per capita vehicle ownership ratios still exponentially below those of the U.S., the potential market opportunity for EV’s and the charging of EV’s is challenging to quantify but not difficult to characterize as very large.
Based on the recent capital raise by EV charging system operator Better Place, it seems clear that investors such as GE, UBS, HSBC and Morgan Stanley have concluded that the opportunity is indeed significant for the right operator. Announced November 11, 2011, Better Place recently completed a $200 million financing that valued the company at $2.25 billion on a post money / fully diluted basis. Better Place also reported that the Company has raised $750 million since its founding in 2007.
The Better Place solution is a model in which batteries are switched out rather than re-charged in the vehicle. According to its corporate description, Better Place “owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with instant range extension and the convenience to drive, switch and go across an entire region.” Better Place also reported that the financing proceeds would be used to expand operations into Western Europe and that other deployments are in progress in two U.S. states and several other countries.
As a private company, Better Place has no obligation to disclose detailed operational and financial data, so it is challenging to analyze its valuation relative to publicly traded companies such as Car Charging Group (OTCBB: CCGI), which as noted previously, has reported that its partner relationships provide access to 6.4 million parking spots, while CCGI's recent market capitalization was under $65 million.. There are publicly traded companies such as iGo, Inc. (NASDAQ: IGOI) and ZAGG Inc. (NASDAQ: ZAGG) whose operations have some degree of comparability to those of Car Charging Group (OTCBB: CCGI). However, like some of the electronics industry titans with some manner of presence in the sector, Car Charging Group’s (OTCBB: CCGI) comparables generally have operations that also include products and markets other than EV charging systems.
Regardless of the valuation methodology, given the level at which Better Place recently was valued by a group of sophisticated investors, it seems clear that the market is concluding that there is an opportunity to thrive in the car charging sector. Companies with strong systems, management teams, relationships and competitive positions may be worth a closer look for investors interested in finding a way to take advantage of what seems to be a rapidly expanding EV charging market.
Car Charging Group, Inc (OTCBB: CCGI)
Select Stock Trading Data
Recent Stock Price: $1.70
Shares Outstanding: 36.4 million
Float 8.3 million
Recent Market Cap: $62 million
52 Week Range: $0.68 - $6.24
Exchange: OTCBB
Ticker: CCGI
URL: http://www.carcharging.com
Data sourced from Yahoo! Finance; otcbb.com
Patrick Murphy Bio:
Patrick J. Murphy is the owner of Murphy Analytics LLC, a provider of sponsored research coverage on smallcap stocks. Mr. Murphy has nearly 20 years of capital markets experience providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. In addition to his work with Murphy Analytics, Mr. Murphy also serves as a consultant to a municipal derivatives advisory firm. Mr. Murphy is an alumnus of the University of Notre Dame (1991), with an undergraduate degree in Economics, and earned a Masters Degree in Finance from St. Louis University in 1997. Mr. Murphy is a CFA Charterholder and a member of the CFA Society of St. Louis.
Patrick Murphy Disclaimer:
Readers are advised that the above article is solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon the author’s analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author has not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings. The foregoing discussion contains statements which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected. The author, Patrick Murphy, was compensated $550 by InvestorIdeas.com for writing this article. Murphy does not own shares of any of the companies mentioned in this article. Mr. Murphy’s research firm, Murphy Analytics, may be engaged for the provision of a research report on the Company in the future.
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs)
http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
http://www1.eere.energy.gov/vehiclesandfuels/facts/2010_fotw617.html
http://www.betterplace.com/the-company-pressroom-pressreleases-detail/index/id/Better%20Place%20Raises%20$200%20Million%20Series%20C%20Financing
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes .Investorideas.com was compensated two thousand five hundred by a third party for to feature CFA Commentary on CCGI, in email distribution with other Investorideas.com partners and network of online media which are also compensated as part of this overall marketing. Investorideas.com compensated Patrick Murphy 550 for producing the article.
Contact Investorideas.com
800 665 0411
Labels:renewable energy and cleantech stocks
Car Charging Group (OTCBB: CCGI) and The Better Place,
lectric Car Market
Electric Car Stock News Alert; (OTCBB: CCGI); Opportunity and Valuation in the EV Charging Market
POINT ROBERTS, December 15, 2011 - www.InvestorIdeas.com, a leader in cleantech research and news for independent investors, publishes the following CFA commentary on Car Charging Group, Inc. (OTCBB: CCGI). The report, Opportunity and Valuation in the Electric Vehicle Charging Market, was issued by Patrick J. Murphy, Murphy Analytics LLC, a provider of sponsored research coverage on small cap stocks.
Opportunity and Valuation in the Electric Vehicle Charging Market
Car Charging Group, Inc. (OTCBB: CCGI), headquartered in Miami, Florida, is one of the nation's fastest growing providers of Electric Vehicle (EV) charging services. The Company's ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. The CCGI strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. Since launching operations in 2009, CCGI has developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. In addition to working with private enterprise, CCGI also pursues public sector opportunities. As an example, the Pennsylvania Department of Environmental Protection[i] announced 12/14/11 that that CCGI has been awarded a $1 million grant to help develop electric vehicle infrastructure by installing charging stations at 17 Turnpike service plazas.
In an attempt to understand the magnitude of the potential demand load increase, and to prepare for the impact the EV market growth may have on the electric grid, the ISO/RTC Council commissioned a study, "Assessment of Plug-in Electric Vehicle Integration with ISO/RTO Systems," in which it was estimated that 1 million to 2.5 million EV's may be on North American roads by 2015 - 2020. The following graphic illustrates the reports conclusion that the "slow" growth scenario is likely to result in 1 million EV by 2020:
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
For the period from 2017 - 2030, the study finds that: "This period is considered as the beginning of the mass-market...New technologies, advanced features, and new charging capabilities likely will be available. Third-generation PEVs are likely to begin appearing on the market. Most importantly, the vehicles will likely have appeal to mainstream automotive customers and become mass market products."
With an estimated 842 vehicles per 1,000 citizens in the U.S. alone and the developing world's per capita vehicle ownership ratios still exponentially below those of the U.S., the potential market opportunity for EV's and the charging of EV's is challenging to quantify but not difficult to characterize as very large.
Based on the recent capital raise by EV charging system operator Better Place, it seems clear that investors such as GE, UBS, HSBC and Morgan Stanley have concluded that the opportunity is indeed significant for the right operator. Announced November 11, 2011, Better Place recently completed a $200 million financing that valued the company at $2.25 billion on a post money / fully diluted basis. Better Place also reported that the Company has raised $750 million since its founding in 2007.
The Better Place solution is a model in which batteries are switched out rather than re-charged in the vehicle. According to its corporate description, Better Place"owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with instant range extension and the convenience to drive, switch and go across an entire region." Better Place also reported that the financing proceeds would be used to expand operations into Western Europe and that other deployments are in progress in two U.S. states and several other countries.
As a private company, Better Place has no obligation to disclose detailed operational and financial data, so it is challenging to analyze its valuation relative to publicly traded companies such as Car Charging Group (OTCBB: CCGI), which as noted previously, has reported that its partner relationships provide access to 6.4 million parking spots, while CCGI's recent market capitalization was under $65 million.. There are publicly traded companies such as iGo, Inc. (NASDAQ: IGOI) and ZAGG Inc. (NASDAQ: ZAGG) whose operations have some degree of comparability to those of Car Charging Group(OTCBB: CCGI). However, like some of the electronics industry titans with some manner of presence in the sector, Car Charging Group's (OTCBB: CCGI) comparables generally have operations that also include products and markets other than EV charging systems.
Regardless of the valuation methodology, given the level at which Better Place recently was valued by a group of sophisticated investors, it seems clear that the market is concluding that there is an opportunity to thrive in the car charging sector. Companies with strong systems, management teams, relationships and competitive positions may be worth a closer look for investors interested in finding a way to take advantage of what seems to be a rapidly expanding EV charging market.
Car Charging Group, Inc (OTCBB: CCGI)
Patrick Murphy Bio:
Patrick J. Murphy is the owner of Murphy Analytics LLC, a provider of sponsored research coverage on smallcap stocks. Mr. Murphy has nearly 20 years of capital markets experience providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. In addition to his work with Murphy Analytics, Mr. Murphy also serves as a consultant to a municipal derivatives advisory firm. Mr. Murphy is an alumnus of the University of Notre Dame (1991), with an undergraduate degree in Economics, and earned a Masters Degree in Finance from St. Louis University in 1997. Mr. Murphy is a CFA Charterholder and a member of the CFA Society of St. Louis.
Patrick Murphy Disclaimer:
Readers are advised that the above article is solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon the author's analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author has not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings. The foregoing discussion contains statements which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected. The author, Patrick Murphy, was compensated $550 by InvestorIdeas.com for writing this article. Murphy does not own shares of any of the companies mentioned in this article. Mr. Murphy's research firm, Murphy Analytics, may be engaged for the provision of a research report on the Company in the future.
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs)
http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
http://www1.eere.energy.gov/vehiclesandfuels/facts/2010_fotw617.html
http://www.betterplace.com/the-company-pressroom-pressreleases-detail/index/id/Better%20Place%20Raises%20$200%20Million%20Series%20C%20Financing
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes .Investorideas.com was compensated two thousand five hundred by a third party for to feature CFA Commentary on CCGI, in email distribution with other Investorideas.com partners and network of online media which are also compensated as part of this overall marketing. Investorideas.com compensated Patrick Murphy 550 for producing the article.
Contact Investorideas.com
800 665 0411
Opportunity and Valuation in the Electric Vehicle Charging Market
Car Charging Group, Inc. (OTCBB: CCGI), headquartered in Miami, Florida, is one of the nation's fastest growing providers of Electric Vehicle (EV) charging services. The Company's ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. The CCGI strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. Since launching operations in 2009, CCGI has developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. In addition to working with private enterprise, CCGI also pursues public sector opportunities. As an example, the Pennsylvania Department of Environmental Protection[i] announced 12/14/11 that that CCGI has been awarded a $1 million grant to help develop electric vehicle infrastructure by installing charging stations at 17 Turnpike service plazas.
In an attempt to understand the magnitude of the potential demand load increase, and to prepare for the impact the EV market growth may have on the electric grid, the ISO/RTC Council commissioned a study, "Assessment of Plug-in Electric Vehicle Integration with ISO/RTO Systems," in which it was estimated that 1 million to 2.5 million EV's may be on North American roads by 2015 - 2020. The following graphic illustrates the reports conclusion that the "slow" growth scenario is likely to result in 1 million EV by 2020:
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
For the period from 2017 - 2030, the study finds that: "This period is considered as the beginning of the mass-market...New technologies, advanced features, and new charging capabilities likely will be available. Third-generation PEVs are likely to begin appearing on the market. Most importantly, the vehicles will likely have appeal to mainstream automotive customers and become mass market products."
With an estimated 842 vehicles per 1,000 citizens in the U.S. alone and the developing world's per capita vehicle ownership ratios still exponentially below those of the U.S., the potential market opportunity for EV's and the charging of EV's is challenging to quantify but not difficult to characterize as very large.
Based on the recent capital raise by EV charging system operator Better Place, it seems clear that investors such as GE, UBS, HSBC and Morgan Stanley have concluded that the opportunity is indeed significant for the right operator. Announced November 11, 2011, Better Place recently completed a $200 million financing that valued the company at $2.25 billion on a post money / fully diluted basis. Better Place also reported that the Company has raised $750 million since its founding in 2007.
The Better Place solution is a model in which batteries are switched out rather than re-charged in the vehicle. According to its corporate description, Better Place"owns and operates a network of battery switch stations and public/personal charge spots, along with the supply of batteries that power the cars, to provide drivers with instant range extension and the convenience to drive, switch and go across an entire region." Better Place also reported that the financing proceeds would be used to expand operations into Western Europe and that other deployments are in progress in two U.S. states and several other countries.
As a private company, Better Place has no obligation to disclose detailed operational and financial data, so it is challenging to analyze its valuation relative to publicly traded companies such as Car Charging Group (OTCBB: CCGI), which as noted previously, has reported that its partner relationships provide access to 6.4 million parking spots, while CCGI's recent market capitalization was under $65 million.. There are publicly traded companies such as iGo, Inc. (NASDAQ: IGOI) and ZAGG Inc. (NASDAQ: ZAGG) whose operations have some degree of comparability to those of Car Charging Group(OTCBB: CCGI). However, like some of the electronics industry titans with some manner of presence in the sector, Car Charging Group's (OTCBB: CCGI) comparables generally have operations that also include products and markets other than EV charging systems.
Regardless of the valuation methodology, given the level at which Better Place recently was valued by a group of sophisticated investors, it seems clear that the market is concluding that there is an opportunity to thrive in the car charging sector. Companies with strong systems, management teams, relationships and competitive positions may be worth a closer look for investors interested in finding a way to take advantage of what seems to be a rapidly expanding EV charging market.
Car Charging Group, Inc (OTCBB: CCGI)
Select Stock Trading Data | |
Recent Stock Price: | $1.70 |
Shares Outstanding: | 36.4 million |
Float | 8.3 million |
Recent Market Cap: | $62 million |
52 Week Range: | $0.68 - $6.24 |
Exchange: | OTCBB |
Ticker: | CCGI |
URL: | http://www.carcharging.com |
Data sourced from Yahoo! Finance; otcbb.com |
Patrick Murphy Bio:
Patrick J. Murphy is the owner of Murphy Analytics LLC, a provider of sponsored research coverage on smallcap stocks. Mr. Murphy has nearly 20 years of capital markets experience providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's. In addition to his work with Murphy Analytics, Mr. Murphy also serves as a consultant to a municipal derivatives advisory firm. Mr. Murphy is an alumnus of the University of Notre Dame (1991), with an undergraduate degree in Economics, and earned a Masters Degree in Finance from St. Louis University in 1997. Mr. Murphy is a CFA Charterholder and a member of the CFA Society of St. Louis.
Patrick Murphy Disclaimer:
Readers are advised that the above article is solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon the author's analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author has not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings. The foregoing discussion contains statements which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected. The author, Patrick Murphy, was compensated $550 by InvestorIdeas.com for writing this article. Murphy does not own shares of any of the companies mentioned in this article. Mr. Murphy's research firm, Murphy Analytics, may be engaged for the provision of a research report on the Company in the future.
Comprised of 10 North American Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs)
http://www.isorto.org/atf/cf/%7B5B4E85C6-7EAC-40A0-8DC3-003829518EBD%7D/IRC_Report_Assessment_of_Plug-in_Electric_Vehicle_Integration_with_ISO-RTO_Systems_03232010.pdf
http://www1.eere.energy.gov/vehiclesandfuels/facts/2010_fotw617.html
http://www.betterplace.com/the-company-pressroom-pressreleases-detail/index/id/Better%20Place%20Raises%20$200%20Million%20Series%20C%20Financing
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes .Investorideas.com was compensated two thousand five hundred by a third party for to feature CFA Commentary on CCGI, in email distribution with other Investorideas.com partners and network of online media which are also compensated as part of this overall marketing. Investorideas.com compensated Patrick Murphy 550 for producing the article.
Contact Investorideas.com
800 665 0411
Tuesday, December 13, 2011
Monday's Renewable Energy Stocks Trading; (OTC: CWET), DSTI, SATC, ACFN
Point Roberts, WA - December 13, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for Monday December 12th.
Wind stock, Clean Wind Energy Tower Inc (OTC:CWET) was a notable gainer and bucked the downward trading as the stock ended higher by 15.79% to $0..22 on over 37.6K shares, extending its weekly gains to over 22%. Clean Wind Energy, Inc. a wholly owned subsidiary of Clean Wind Energy Tower, Inc, has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
Solar stock, DayStar Technologies Inc. (NASDAQ:DSTI) shares soared 6.67% to $0.32 on very unusual volume of 38K shares. The stock recently made a new 52-week low of $0.13. DayStar Technologies, Inc. has developed a thin film deposition technology for solar photovoltaic (PV) products. The Company utilizes a one-step sputter deposition process.
SatCon Technology Corporation (NASDAQ:SATC) surged 0.04 (1.13%) to close at $0.67, rebounding from its new 52-week low of $0.67 made in the previous trading session. Satcon Technology Corporation (Satcon) is a clean energy technology provider of utility grade power solutions for the renewable energy market, primarily the large-scale commercial and utility-scale solar photovoltaic (PV) markets.
Acorn Energy, Inc.(NASDAQ:ACFN) shares soared 0.05 (0.92%) to $5.48 on high volume of 50.86K shares after the company said that its 84%-owned DSIT subsidiary received a very significant order from an undisclosed Asian customer.
Advanced Battery Technologies, Inc. (PINK: ABAT) soared 16.67% to $0.350 on light volume of over 748K shares. Advanced Battery Technologies, Inc., (ABAT) is a holding company with one direct subsidiary, Cashtech Investment Limited. Cashtech Investment Limited is also a holding company with two subsidiaries: Harbin ZhongQiang Power-Tech Co., Ltd. (Harbin ZQPT).
More Research: get a full list of global publicly traded green stocks
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit our green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated to distribute and publish content on Clean Wind (CWET) through the Investorideas.com site, newswire and syndicated network (one thousand five hundred) and Investorideas.com owns 50,000 144 shares
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information contact:
Source: www.Investorideas.com
Wind stock, Clean Wind Energy Tower Inc (OTC:CWET) was a notable gainer and bucked the downward trading as the stock ended higher by 15.79% to $0..22 on over 37.6K shares, extending its weekly gains to over 22%. Clean Wind Energy, Inc. a wholly owned subsidiary of Clean Wind Energy Tower, Inc, has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
Solar stock, DayStar Technologies Inc. (NASDAQ:DSTI) shares soared 6.67% to $0.32 on very unusual volume of 38K shares. The stock recently made a new 52-week low of $0.13. DayStar Technologies, Inc. has developed a thin film deposition technology for solar photovoltaic (PV) products. The Company utilizes a one-step sputter deposition process.
SatCon Technology Corporation (NASDAQ:SATC) surged 0.04 (1.13%) to close at $0.67, rebounding from its new 52-week low of $0.67 made in the previous trading session. Satcon Technology Corporation (Satcon) is a clean energy technology provider of utility grade power solutions for the renewable energy market, primarily the large-scale commercial and utility-scale solar photovoltaic (PV) markets.
Acorn Energy, Inc.(NASDAQ:ACFN) shares soared 0.05 (0.92%) to $5.48 on high volume of 50.86K shares after the company said that its 84%-owned DSIT subsidiary received a very significant order from an undisclosed Asian customer.
Advanced Battery Technologies, Inc. (PINK: ABAT) soared 16.67% to $0.350 on light volume of over 748K shares. Advanced Battery Technologies, Inc., (ABAT) is a holding company with one direct subsidiary, Cashtech Investment Limited. Cashtech Investment Limited is also a holding company with two subsidiaries: Harbin ZhongQiang Power-Tech Co., Ltd. (Harbin ZQPT).
More Research: get a full list of global publicly traded green stocks
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit our green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
http://www.investorideas.com/Resources/Newsletter.asp
Follow Renewable Energy Stocks onFacebook.com
http://www.facebook.com/renewableenergystocks
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated to distribute and publish content on Clean Wind (CWET) through the Investorideas.com site, newswire and syndicated network (one thousand five hundred) and Investorideas.com owns 50,000 144 shares
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information contact:
Source: www.Investorideas.com
Friday, December 09, 2011
Frac Water Treatment Water Stocks: (AMEX:GRH), (TSX.V: RLE), (OTCBB: SINX), (OTCBB: WSCE)
News about Wescorp Energy Inc. (OTCBB: WSCE)
Point Roberts, WA - December 9, 2011 � Investorideas.com, a leader in sector research including water stocks and energy stocks continues coverage in the energy and water series, with a trading snapshot of small cap stocks in the sector. Touted to be the next big thing in the water treatment sector, Investorideas.com features ongoing commentary on stocks and industry developments for frac water and produced water treatment.Ridgeline Energy Services Inc. (TSX-V: RLE.V) closed at $0.83, up 0.04 (5.06%) on over 450,000 shares. Ridgeline Energy Services (TSX-V: RLE.V), an energy services technology company focused on the treatment of wastewater in the oil and gas, commercial and industrial wastewater sectors, announces on December 1 st its second quarter fiscal 2012 financial results for the three months ending September 30, 2011. The Company also provided an update on the commercial progress of its proprietary water treatment system.
Q2 2012 Highlights:
- Revenue increased 34.5% to $3.2 million from $2.4 million in Q2 2011 as a result of an increase in revenue predominantly from the environmental consulting business.
- Signed two development agreements with major North American oil and gas companies to test and treat flowback water from hydraulic fracturing operations.
Mr. Jonathan D. Hoopes, President and Chief Operating Officer of GreenHunter Energy, Inc. (NYSE Amex:GRH), presented December 7th, at the 7th Annual Livingston Nanotechnology and Water Innovations Conference being held at 30 Rockefeller Center in New York City. Mr. Hoopes also provided an update on the Company’s Total Water Management Solutions™ business activity in the unconventional shale resource plays. The stock closed down .01 at .79 on Thursday.
Wescorp Energy Inc. (OTCBB: WSCE ) closed at 0.0117, up 0.0004 (3.54%) on over 1.3 million shares. The stock has traded down since President and CEO Doug Biles left the Company. The Company announced a hunt for new CEO on Friday near the close. Wescorp is a clean water technology company focused on implementing its superior, low-cost, water purification solutions for the oil and gas production industry and for marine remediation projects.
Follow Investorideas.com new content series on energy and water... Global problems and solutions
Energy and Water Series; Q&A Interview with Jud Hill, Managing Director of NGP Global Adaptation Partners
Energy and Water Series; Q&A Interview with GreenHunter Water LLC (AMEX:GRH)
Linkedin.com: Water Stocks - Social network for investors following water stocks
http://www.linkedin.com/e/ez47wj-gp5ofknw-5j/vgh/3966202/
Linkedin.com Energy Stocks - Social network for investors following energy stocks
http://www.linkedin.com/groups/Energy-stocks-News-Social-Network-3799535?trk=myg_ugrp_ovr
Research water stocks with the water stocks directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Sign up for free investor newsletters and stock alerts at Investor Ideas
http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
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 news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure: WSCE is a previous featured company on Investorideas.com and Investorideas.com owns 160,000 shares.
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For More Information Contact:
Web Site: www.InvestorIdeas.com www.water-stocks.com
800 665 0411
Source: Water-Stocks.com, Investorideas.com
Wednesday, December 07, 2011
Wind Energy Stock News; Juhl Wind (OTCBB:JUHL) Announces Completion and Startup of the Winona County Wind Project
WOODSTOCK, Minn. - December 7, 2011 Investorideas.com Renewable Energy Newswire - Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced the official commercial operation date of the $3.6 million Winona County Wind Project in Winona County , MN. The Winona County Wind project is one of the first sites in North America to utilize two Unison, direct-drive wind turbine generators, a leading technology based on an advanced, gearless system. The project was developed and constructed by Juhl Energy Development Inc., the wholly-owned, development subsidiary of Juhl Wind , Inc. In addition, Juhl Renewable Asset Investment Inc. is the project's majority equity owner as Juhl adds the Winona County Wind Project to its portfolio alongside the recently acquired 10 MW Woodstock Hills Wind Farm.
"Completion of the Winona County Wind Project is the result of a great team of professionals working together to build this project over the course of three years," stated Corey Juhl , VP of Project Development of Juhl Wind , Inc. "We truly could not have completed this project if it wasn't for the help of the Winona County Economic Development Authority, and the patience of the family who owns the property on which the project is situated, it was a total team effort. This project has already provided significant economic benefits to Winona County in the form of construction jobs and maintenance employment opportunities and will continue to provide these benefits over the long-term."
"It is significant for Juhl Wind investors to note our investment in the Winona County project," added John Mitola , President of Juhl Wind Inc. "Our decision to become the majority owner and operator of this project is consistent with our stated plan to continue to add renewable assets to our balance sheet. Winona becomes our second wind farm system following our acquisition of Woodstock Hills. In this way, Juhl participates in development proceeds, construction work and ongoing electricity sales. Furthermore, we also typically provide long-term operation, maintenance and administrative services on projects we own through our Juhl Energy Services subsidiary - as we have done here at Winona and at Woodstock Hills. This reflects the very definitive plan to use our expertise, experience and personnel in all stages of wind farm development and operation."
"Our Winona County project is now the fifth wind project we have completed in the past 24 months," stated Dan Juhl , Chairman and CEO of Juhl Wind Inc. "We will soon be announcing the results of a sixth project before the end of 2011. We believe this represents an unprecedented level of performance for a company of our size and it is driving strong financial results like those we reported at the end of the 3rd Quarter. These recently completed projects include Adams Wind, Danielson Wind , Grant County Wind, Woodstock Municipal Wind and Winona County Wind, representing over 62 megawatts and almost $125 million in capital development. We have fully developed, managed construction and brought most of these projects into full-service over the past two years and will be wrapping up work on all of them in the last quarter of this year."
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 20 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its acquisition of the Winona County Project and Woodstock Hills wind farm in April of 2011, the Company now owns and operates 11.8 MWs of wind power. Through its Next Generation Power Systems subsidiary ("NextGen'), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL. Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Follow Juhl Wind , Inc. on Facebook HERE!
For more information, contact:
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (or 888-438-5845)
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind 's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind 's actual results, performance, prospects or opportunities in the remainder of 2011 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to any specific projects, prospective acquisitions and wind farm assets mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. While new wind farms noted from time to time are large-scale construction projects, Juhl Wind may not be the primary contractor for the provision of certain services, as it is in certain of its other projects. These risks are referenced in Juhl Wind 's current 8K or as may be described from time to time in Juhl Wind 's subsequent SEC filings; and such factors as incorporated by reference.
Published at Investorideas.com Newswire
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Get Free investor news and stock alerts
Sign Up: http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com was compensated one thousand by third party Ir for publishing JUHL news for a period of two news relesaes
www.InvestorIdeas.com/About/Disclaimer.asp
"Completion of the Winona County Wind Project is the result of a great team of professionals working together to build this project over the course of three years," stated Corey Juhl , VP of Project Development of Juhl Wind , Inc. "We truly could not have completed this project if it wasn't for the help of the Winona County Economic Development Authority, and the patience of the family who owns the property on which the project is situated, it was a total team effort. This project has already provided significant economic benefits to Winona County in the form of construction jobs and maintenance employment opportunities and will continue to provide these benefits over the long-term."
"It is significant for Juhl Wind investors to note our investment in the Winona County project," added John Mitola , President of Juhl Wind Inc. "Our decision to become the majority owner and operator of this project is consistent with our stated plan to continue to add renewable assets to our balance sheet. Winona becomes our second wind farm system following our acquisition of Woodstock Hills. In this way, Juhl participates in development proceeds, construction work and ongoing electricity sales. Furthermore, we also typically provide long-term operation, maintenance and administrative services on projects we own through our Juhl Energy Services subsidiary - as we have done here at Winona and at Woodstock Hills. This reflects the very definitive plan to use our expertise, experience and personnel in all stages of wind farm development and operation."
"Our Winona County project is now the fifth wind project we have completed in the past 24 months," stated Dan Juhl , Chairman and CEO of Juhl Wind Inc. "We will soon be announcing the results of a sixth project before the end of 2011. We believe this represents an unprecedented level of performance for a company of our size and it is driving strong financial results like those we reported at the end of the 3rd Quarter. These recently completed projects include Adams Wind, Danielson Wind , Grant County Wind, Woodstock Municipal Wind and Winona County Wind, representing over 62 megawatts and almost $125 million in capital development. We have fully developed, managed construction and brought most of these projects into full-service over the past two years and will be wrapping up work on all of them in the last quarter of this year."
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 20 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its acquisition of the Winona County Project and Woodstock Hills wind farm in April of 2011, the Company now owns and operates 11.8 MWs of wind power. Through its Next Generation Power Systems subsidiary ("NextGen'), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL. Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Follow Juhl Wind , Inc. on Facebook HERE!
For more information, contact:
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (or 888-438-5845)
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind 's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind 's actual results, performance, prospects or opportunities in the remainder of 2011 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to any specific projects, prospective acquisitions and wind farm assets mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. While new wind farms noted from time to time are large-scale construction projects, Juhl Wind may not be the primary contractor for the provision of certain services, as it is in certain of its other projects. These risks are referenced in Juhl Wind 's current 8K or as may be described from time to time in Juhl Wind 's subsequent SEC filings; and such factors as incorporated by reference.
Published at Investorideas.com Newswire
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Get Free investor news and stock alerts
Sign Up: http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com was compensated one thousand by third party Ir for publishing JUHL news for a period of two news relesaes
www.InvestorIdeas.com/About/Disclaimer.asp
Subscribe to:
Posts (Atom)