XsunX Thin Film Solar Module Manufacturing Facility Sublease Approved and Renovations Underway
ALISO VIEJO, Calif., May 12, 2008 - XsunX, Inc. (OTCBB: XSNX), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, announced today that the sublease of its new manufacturing facilities has been approved by the primary landlord, and that demolition work to remove unnecessary and obstructive infrastructure commenced the week of May 5th.
This demolition work is required to prepare the facility for XsunX improvements specific to its TFPV manufacturing processes. The Company has scheduled demolition to be completed in July with facility improvements scheduled to begin immediately thereafter.
The existing 90,000 square foot building, located in the City of Wood Village just east of Portland, Oregon, provides XsunX with extensive industrial manufacturing infrastructure including multiple clean air management systems, emergency power generation system, over 200 tons of water chilling capabilities, water purification and vacuum systems for substrate cleaning, and extensive air support systems to manage heat produced from TFPV manufacturing operations. XsunX has agreed to purchase these systems for approximately $112,000 along with a host of other industrial apparatus including support equipment such as office, networking, and telecommunications infrastructure.
"We are very pleased with the terms of our equipment purchase agreement and the capabilities of these relatively new systems." commented Mr. Joe Grimes, COO for XsunX. "We are continuing to benefit both financially and logistically from the selection of this manufacturing site. We have been busy moving our plans forward and in April, we completed architectural drawings outlining demolition requirements which received city building approval the week of May 5th. In conjunction, we are preparing our facility improvement plans which are scheduled to be completed by mid June. In an effort to achieve our growth plans, we have begun hiring staff in Oregon to supervise our facility renovations and to meet our staffing needs," concluded Grimes.
XsunX has hired an on-site Facilities Manager who is intimately familiar with the existing facilities and former operations. The Facility Manager will be an invaluable resource in supervising the preparation and subsequent operation of the facility for XsunX's TFPV manufacturing operations. The Company has also hired an on-site Human Resource Specialist to prepare and initiate hiring plans for adding a large number of employees to the XsunX team. The Company has also begun working with local community colleges to establish training programs and plans to announce on-site job fairs as work progresses.
For more information about XsunX, please visit www.XsunX.com.
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
XsunX, Inc. is a featured Company on RenewableEnergyStocks.com
For full details, click here: http://www.renewableenergystocks.com/CO/XSNX/Default.asp
Source: XsunX, Inc.
Get insight into cleantech and renewable energy stocks with news and the cleantech and climate change podcast. This blog is part of www.investorideas.com cleantech investor content .
Monday, May 12, 2008
Wednesday, May 07, 2008
Clear Skies Solar Signs $1.7 Million Agreement to Provide Renewable Energy for California Dairy Farm
Clear Skies Solar Signs $1.7 Million Agreement to Provide Renewable Energy for California Dairy Farm
Solar Installation Will Provide Energy for Scott Brothers Dairy Farm
NEW YORK, Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of renewable energy solutions, today announced that it will provide solar power to a Riverside County, CA, dairy farm, Scott Brothers Dairy Farms.
Under the $1,700,000 agreement, Clear Skies Solar will provide approximately 240 kilowatts of solar power to the dairy farm, helping it to offset its carbon footprint, reduce energy usage and save on utility costs.
Construction, anticipated to commence this summer, will consist of two systems. The first will include construction of a 63.86kW installation and the second will install an additional 74.93kWs. Clear Skies Solar will install the solar panels on shade structures and an existing barn on Scott Brothers’ San Jacinto, CA-based dairy farm.
“At the time that we decided to install new shade structures to help keep our cows cooler, my father, Stan, brother, Bruce, and I were already doing research about ways to reduce our carbon footprint and reduce energy consumption,” said Brad Scott of Scott Brothers Dairy Farms. “That is when we decided to look into installing solar energy to our farm and sought out companies that not only have the experience to handle the construction, but also have the ability to help us navigate the various rebate programs associated with installing solar energy.”
Clear Skies Solar is currently conducting engineering and working closely with Scott Brothers Dairy Farms to navigate the various financing options and rebates available to them to assist Scott Brothers in making its farm more environmentally conscious.
“An increasing number of agricultural businesses are looking at ways to decrease their carbon footprints and conserve natural resources,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Clear Skies Solar is proud to work with forward-thinking businesses like Scott Brothers Dairy Farms who are at the forefront of this initiative and recognize the integral role that solar energy will play in both the future of their operations and of the larger global energy market.”
Clear Skies Solar offers a proven renewable energy solution for the agricultural industry at a time when high energy prices and consumption are negatively affecting business. The agricultural industry is a solid market prospect that Clear Skies Solar will continue to service with expert alternative energy consultation and installation.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
About Scott Bros Dairy Farms
For more than 95 years, Scott Brothers Dairy has been producing and distributing high quality dairy products including Milk, Yogurt, Sour Cream, Ice Cream, Soft Serve mixes and Soft Frozen Yogurt mixes. Non-dairy products we manufacture include Orange Juice, Fruit Punch, and other fruit drinks. Headed by Stan Scott and his two sons Brad and Bruce, Scott Brothers also provides and distributes various cheeses, meats, salads, dressings, and ice cream. Scott Brothers’ is committed to providing it’s customers with exceptional products and service and is able to customize and co-pack many products to meet every customer’s needs. For more information visit www.scottbrothers.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc.
Solar Installation Will Provide Energy for Scott Brothers Dairy Farm
NEW YORK, Clear Skies Solar, Inc. (OTCBB: CSKH), a leading provider of renewable energy solutions, today announced that it will provide solar power to a Riverside County, CA, dairy farm, Scott Brothers Dairy Farms.
Under the $1,700,000 agreement, Clear Skies Solar will provide approximately 240 kilowatts of solar power to the dairy farm, helping it to offset its carbon footprint, reduce energy usage and save on utility costs.
Construction, anticipated to commence this summer, will consist of two systems. The first will include construction of a 63.86kW installation and the second will install an additional 74.93kWs. Clear Skies Solar will install the solar panels on shade structures and an existing barn on Scott Brothers’ San Jacinto, CA-based dairy farm.
“At the time that we decided to install new shade structures to help keep our cows cooler, my father, Stan, brother, Bruce, and I were already doing research about ways to reduce our carbon footprint and reduce energy consumption,” said Brad Scott of Scott Brothers Dairy Farms. “That is when we decided to look into installing solar energy to our farm and sought out companies that not only have the experience to handle the construction, but also have the ability to help us navigate the various rebate programs associated with installing solar energy.”
Clear Skies Solar is currently conducting engineering and working closely with Scott Brothers Dairy Farms to navigate the various financing options and rebates available to them to assist Scott Brothers in making its farm more environmentally conscious.
“An increasing number of agricultural businesses are looking at ways to decrease their carbon footprints and conserve natural resources,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Clear Skies Solar is proud to work with forward-thinking businesses like Scott Brothers Dairy Farms who are at the forefront of this initiative and recognize the integral role that solar energy will play in both the future of their operations and of the larger global energy market.”
Clear Skies Solar offers a proven renewable energy solution for the agricultural industry at a time when high energy prices and consumption are negatively affecting business. The agricultural industry is a solid market prospect that Clear Skies Solar will continue to service with expert alternative energy consultation and installation.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
About Scott Bros Dairy Farms
For more than 95 years, Scott Brothers Dairy has been producing and distributing high quality dairy products including Milk, Yogurt, Sour Cream, Ice Cream, Soft Serve mixes and Soft Frozen Yogurt mixes. Non-dairy products we manufacture include Orange Juice, Fruit Punch, and other fruit drinks. Headed by Stan Scott and his two sons Brad and Bruce, Scott Brothers also provides and distributes various cheeses, meats, salads, dressings, and ice cream. Scott Brothers’ is committed to providing it’s customers with exceptional products and service and is able to customize and co-pack many products to meet every customer’s needs. For more information visit www.scottbrothers.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc.
Friday, May 02, 2008
Green Investor Resource - EIRIS Ethical Funds Directory 2008
EIRIS Ethical Funds Directory 2008
click here for free PDF
http://www.eiris.org/files/public%20information%20type%20publications/greenðicalfunddirectory.pdf
EIRIS is a leading global provider of independent research into the social, environmental andethical performance of companies. EIRIS, a UK based organisation with an office in the USAand a representative office in Japan, and its international research partners together have awealth of experience in the field of socially responsible investment (SRI) research. EIRISprovides comprehensive research of nearly 3,000 companies in Europe, North America andAsia Pacific.
click here for free PDF
http://www.eiris.org/files/public%20information%20type%20publications/greenðicalfunddirectory.pdf
EIRIS is a leading global provider of independent research into the social, environmental andethical performance of companies. EIRIS, a UK based organisation with an office in the USAand a representative office in Japan, and its international research partners together have awealth of experience in the field of socially responsible investment (SRI) research. EIRISprovides comprehensive research of nearly 3,000 companies in Europe, North America andAsia Pacific.
Monday, April 28, 2008
Investorideas.com green media coverage
April 27, 2008 Newsday.com- YOUR MONEY: It's good to be green, but avoid the red . Similarly, InvestorIdeas.com offers a "Green Investing" link on its home page that includes profiles of the companies.http://www.newsday.com/business/yourmoney/ny-kdopenpgh5661482apr27,0,2218146.story
Friday, April 25, 2008
NYSE Arca to Begin Trading Options on Claymore/MAC Global Solar Energy Index ETF -The FirstSolar Energy ETF-
NYSE Arca to Begin Trading Options on Claymore/MAC Global Solar Energy Index ETF -The FirstSolar Energy ETF-
-Further Proving the Value of an NYSE Euronext Listing-
NEW YORK--April 24 2008 --NYSE Euronext (NYX) today announced that NYSE Arca Options began trading options on Claymore/MAC Global Solar Energy Index ETF (TAN). With an average daily volume increase of 67% in March 2008 and total volume increase by 71% compared to March 2007, NYSE Arca Options continues to offer superior functionality, competitive pricing, and cost effective executions for its customers.
Originally listed on NYSE Arca on April 15, 2008, TAN is designed to track approximately 25 companies within the following business segments of the solar power industry: equipment producers, suppliers of materials or services, installation, integration or finance, and companies that specialize in selling electricity. As the first ETF to offer exposure to solar energy securities, the Claymore/MAC Global Solar Energy Index grants investors access to one of the world’s fastest growing industries.
“We welcome back Claymore and are excited to begin trading options on Claymore/MAC Global Solar Energy Index ETF, the first solar energy ETF,” said Lisa Dallmer, Senior Vice President, ETFs and Indexes. “The combination of listing and trading the ETF and options on TAN is an excellent example of NYSE Euronext’s unique value proposition and our leadership as the world’s first global multi-product exchange group.”
“Today’s listing further demonstrates our commitment to our issuers by offering them the opportunity to conveniently list both of their investment products under NYSE Euronext banner, through NYSE Arca,” said Ed Boyle, Senior Vice President, NYSE Arca Options. “We are proud to provide issuers like Claymore with the ability to reach the broadest range of investors around the world.”
The Claymore/MAC Global Solar Energy Index ETF has an average daily trading volume of 536,494 shares with $42,726,460 million assets under management in only its first week of trading. NYSE Arca’s markets share of trading in TAN since listing is 82.3%.
For more information on NYSE Euronext products and services, please visit: http://www.nyse.com
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $27.3 / €17.3 trillion in total global market capitalization (as of March 31, 2008), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $169.6 / €113.2 billion (as of March 31, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contacts NYSE EuronextStephanie Scotto, 212-656-4896sscotto@nyx.com
-Further Proving the Value of an NYSE Euronext Listing-
NEW YORK--April 24 2008 --NYSE Euronext (NYX) today announced that NYSE Arca Options began trading options on Claymore/MAC Global Solar Energy Index ETF (TAN). With an average daily volume increase of 67% in March 2008 and total volume increase by 71% compared to March 2007, NYSE Arca Options continues to offer superior functionality, competitive pricing, and cost effective executions for its customers.
Originally listed on NYSE Arca on April 15, 2008, TAN is designed to track approximately 25 companies within the following business segments of the solar power industry: equipment producers, suppliers of materials or services, installation, integration or finance, and companies that specialize in selling electricity. As the first ETF to offer exposure to solar energy securities, the Claymore/MAC Global Solar Energy Index grants investors access to one of the world’s fastest growing industries.
“We welcome back Claymore and are excited to begin trading options on Claymore/MAC Global Solar Energy Index ETF, the first solar energy ETF,” said Lisa Dallmer, Senior Vice President, ETFs and Indexes. “The combination of listing and trading the ETF and options on TAN is an excellent example of NYSE Euronext’s unique value proposition and our leadership as the world’s first global multi-product exchange group.”
“Today’s listing further demonstrates our commitment to our issuers by offering them the opportunity to conveniently list both of their investment products under NYSE Euronext banner, through NYSE Arca,” said Ed Boyle, Senior Vice President, NYSE Arca Options. “We are proud to provide issuers like Claymore with the ability to reach the broadest range of investors around the world.”
The Claymore/MAC Global Solar Energy Index ETF has an average daily trading volume of 536,494 shares with $42,726,460 million assets under management in only its first week of trading. NYSE Arca’s markets share of trading in TAN since listing is 82.3%.
For more information on NYSE Euronext products and services, please visit: http://www.nyse.com
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $27.3 / €17.3 trillion in total global market capitalization (as of March 31, 2008), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $169.6 / €113.2 billion (as of March 31, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contacts NYSE EuronextStephanie Scotto, 212-656-4896sscotto@nyx.com
Thursday, April 24, 2008
Renewable Energy Stocks; Geothermal Stock, Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S)
Renewable Energy Stocks; Geothermal Stock, Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S) Showcased on Investorideas.com
With Rising Energy Costs, Energy-Efficient Geoexchange Technology Nearly Doubles From 2004-2007
POINT ROBERTS, WA and DELTA, BC April 24, 2008 ,www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents featured showcase Geoexchange Technology Provider, Essential Innovations Technology Corp. (OTC Bulletin Board: ESIV - FRANKFURT: E6S).
Geothermal energy is used for electricity production, direct use purposes, and home heating efficiency through geothermal heat pumps.
According to the Environmental Protection Agency, Geoexchange is the most energy-efficient, environmentally clean, and cost-effective space conditioning system available. Geoexchange.us reports, “Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually.”
With rising energy costs, the Geoexchange industry has been growing, with delivery of geothermal heat-pump systems nearly doubling between 2004 and 2007.
In a recent letter to the shareholders, Jason McDiarmid, President/CEO of Essential Innovations, stated, “Today, we are driven to the production, network expansion and ensuing training and dealer support for our proprietary geothermal heat pump technology, with such goal being supported by our supplementary business segment capable of providing unique financing options for long-term geothermal loop-field infrastructure installation and management alongside our financing partners -- these distinct objectives are representative of our overall business organizational model, and they place us in a unique position in the Geoexchange industry set.”
About Featured Geoexchange Showcase Company:
Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S) provides cutting-edge Geoexchange solutions for residential, commercial and industrial applications as both a manufacturer of proprietary geothermal heat pump technology and as a Geoexchange energy service company. The Company was incorporated in April 2001, and it has four wholly owned subsidiaries located in British Columbia, Canada and in Hong Kong, SAR, and China.
More info can be found on the Investorideas.com Showcase page at: http://www.investorideas.com/CO/ESIV/Default.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of global stocks within the renewable energy, clean- tech sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
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. 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. Essential Innovations Technology compensates Investorideas.com as a showcase company with 375,000 144 shares for a 3 month period.
Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Essential Innovations
With Rising Energy Costs, Energy-Efficient Geoexchange Technology Nearly Doubles From 2004-2007
POINT ROBERTS, WA and DELTA, BC April 24, 2008 ,www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents featured showcase Geoexchange Technology Provider, Essential Innovations Technology Corp. (OTC Bulletin Board: ESIV - FRANKFURT: E6S).
Geothermal energy is used for electricity production, direct use purposes, and home heating efficiency through geothermal heat pumps.
According to the Environmental Protection Agency, Geoexchange is the most energy-efficient, environmentally clean, and cost-effective space conditioning system available. Geoexchange.us reports, “Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually.”
With rising energy costs, the Geoexchange industry has been growing, with delivery of geothermal heat-pump systems nearly doubling between 2004 and 2007.
In a recent letter to the shareholders, Jason McDiarmid, President/CEO of Essential Innovations, stated, “Today, we are driven to the production, network expansion and ensuing training and dealer support for our proprietary geothermal heat pump technology, with such goal being supported by our supplementary business segment capable of providing unique financing options for long-term geothermal loop-field infrastructure installation and management alongside our financing partners -- these distinct objectives are representative of our overall business organizational model, and they place us in a unique position in the Geoexchange industry set.”
About Featured Geoexchange Showcase Company:
Essential Innovations Technology Corp. (OTCBB: ESIV - FRANKFURT: E6S) provides cutting-edge Geoexchange solutions for residential, commercial and industrial applications as both a manufacturer of proprietary geothermal heat pump technology and as a Geoexchange energy service company. The Company was incorporated in April 2001, and it has four wholly owned subsidiaries located in British Columbia, Canada and in Hong Kong, SAR, and China.
More info can be found on the Investorideas.com Showcase page at: http://www.investorideas.com/CO/ESIV/Default.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of global stocks within the renewable energy, clean- tech sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
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. 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. Essential Innovations Technology compensates Investorideas.com as a showcase company with 375,000 144 shares for a 3 month period.
Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Essential Innovations
Tuesday, April 22, 2008
Renewable Energy Stocks; Earth Day Sector Close-Up on Solar Stocks
Renewable Energy Stocks; Earth Day Sector Close-Up on Solar Stocks
Solar Stocks Help Investors Think Green as First Solar Shares Spike for Earth Day
POINT ROBERTS, WA and DELTA, BC---Apr 22, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks as investors think of green investing for Earth Day 2008.
For investors following solar stocks, a new solar ETF may be a diversified way to invest in and track the sector. The Claymore/MAC Global Solar Energy ETF (Market, News) tracks an index comprised of 25 global solar companies.
Renewable Energy Stocks' solar expert, J Peter Lynch, commented, "There is always the chance that the solar tax credit extensions will fail again given the dysfunctional politics currently in operation in the U.S. But even if this most negative of outcomes should come to pass, it will only delay the inevitable. The solar giant will sleep a bit longer -- but not for very much longer.
"Once America awakens, you can take all the current supply and demand projections and throw them out the window. America's active entrance into the world solar market will dramatically ramp up the demand side of the equation and mark the beginning of a massive renewable transition."
"According to the U.S. Department of Energy's international energy outlook report, worldwide demand for electricity is expected to nearly double over the next two decades," stated Tom Djokovich, CEO of XsunX, Inc (OTC BB:XSNX.OB). "When we stop for a moment on Earth Day to picture a world demanding twice the electrical power that we consume today I think it provides a sobering moment to realize that we can not continue to use our air and water supplies as a dumping ground. Alternatives such as solar power provide a solution and a clear path to helping solve our energy demand needs while creating a safer environment for all of us. This growth in demand is why XsunX is working to help fill the need for solar power alternatives. We've been working on the build-out of our first 25mega-watt thin-film solar module manufacturing facility and we're making consistent progress. We hope to announce soon the completion of several of our material supply agreements to ensure access to the materials we will need to manufacture our solar modules. Today global electricity generation represents about $1 trillion in revenues and as demand grows we plan to play a part in the long-term growth of solar and the broader electrical power industry."
In comparing renewable current energy sources, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities, remarks, "We have 2 primary energy needs: Oil/gasoline used for transportation needs does not directly compete with solar, wind, and geothermal despite the (incorrect) strong market correlation. The other is coal and natural gas for electricity needs which does compete with solar, wind, geothermal and those prices, not oil, would be the better fossil fuel pricing indicators renewable energy investors should be aware of."
"As the solar industry continues to evolve, solar will become a key energy source providing not only to our homes and businesses with earth-friendly power but also providing power on a larger scale to municipalities and developing areas where electricity is limited," said Ezra Green, Chief Executive Officer of Clear Skies Solar. "At Clear Skies Solar (OTC BB:CSKH.OB ), we are working to find new and unique ways to harness the power of the sun. In just the last two months we've launched our patented XTRAX® Solar Monitoring System, a proprietary Solar Power Supply (SPS) Vehicle Data Monitoring Device and the TetraPort Solar Energy Carport System that even includes independent AC power outlets to charge electric or hybrid automobiles. Our in-house research and development department will continue to work each day to find new uses for solar energy or enhance existing solar solutions in an effort to limit fossil fuel use and make solar energy a viable alternative for everyone."
Sector Close-Up as of Trading April 22, 2008: Stocks to Watch
The Claymore/MAC Global Solar Energy ETF (Market, News )
Akeena Solar Inc. (NASDAQ:AKNS) has grown to become one of the largest national installers of residential and commercial solar power systems in the United States.
Evergreen Solar Inc. (Market, News) develops, manufactures, and markets solar power products primarily in Europe and the United States.
LDK Solar ADR (Market, News) recently completed a $400 million offering of 4.75 percent convertible senior notes.
Canadian Solar Inc. (Market, News)
China Sunergy Company Ltd. (Market, News)
First Solar (Market, News) gave investors impressive gains as everyone think green for Earth Day.
SunPower Corporation (Market, News )
Yingli Green Energy Holding Company Limited (Market, News)
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: Investorideas.com RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc, Akeena Solar
Solar Stocks Help Investors Think Green as First Solar Shares Spike for Earth Day
POINT ROBERTS, WA and DELTA, BC---Apr 22, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks as investors think of green investing for Earth Day 2008.
For investors following solar stocks, a new solar ETF may be a diversified way to invest in and track the sector. The Claymore/MAC Global Solar Energy ETF (Market, News) tracks an index comprised of 25 global solar companies.
Renewable Energy Stocks' solar expert, J Peter Lynch, commented, "There is always the chance that the solar tax credit extensions will fail again given the dysfunctional politics currently in operation in the U.S. But even if this most negative of outcomes should come to pass, it will only delay the inevitable. The solar giant will sleep a bit longer -- but not for very much longer.
"Once America awakens, you can take all the current supply and demand projections and throw them out the window. America's active entrance into the world solar market will dramatically ramp up the demand side of the equation and mark the beginning of a massive renewable transition."
"According to the U.S. Department of Energy's international energy outlook report, worldwide demand for electricity is expected to nearly double over the next two decades," stated Tom Djokovich, CEO of XsunX, Inc (OTC BB:XSNX.OB). "When we stop for a moment on Earth Day to picture a world demanding twice the electrical power that we consume today I think it provides a sobering moment to realize that we can not continue to use our air and water supplies as a dumping ground. Alternatives such as solar power provide a solution and a clear path to helping solve our energy demand needs while creating a safer environment for all of us. This growth in demand is why XsunX is working to help fill the need for solar power alternatives. We've been working on the build-out of our first 25mega-watt thin-film solar module manufacturing facility and we're making consistent progress. We hope to announce soon the completion of several of our material supply agreements to ensure access to the materials we will need to manufacture our solar modules. Today global electricity generation represents about $1 trillion in revenues and as demand grows we plan to play a part in the long-term growth of solar and the broader electrical power industry."
In comparing renewable current energy sources, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities, remarks, "We have 2 primary energy needs: Oil/gasoline used for transportation needs does not directly compete with solar, wind, and geothermal despite the (incorrect) strong market correlation. The other is coal and natural gas for electricity needs which does compete with solar, wind, geothermal and those prices, not oil, would be the better fossil fuel pricing indicators renewable energy investors should be aware of."
"As the solar industry continues to evolve, solar will become a key energy source providing not only to our homes and businesses with earth-friendly power but also providing power on a larger scale to municipalities and developing areas where electricity is limited," said Ezra Green, Chief Executive Officer of Clear Skies Solar. "At Clear Skies Solar (OTC BB:CSKH.OB ), we are working to find new and unique ways to harness the power of the sun. In just the last two months we've launched our patented XTRAX® Solar Monitoring System, a proprietary Solar Power Supply (SPS) Vehicle Data Monitoring Device and the TetraPort Solar Energy Carport System that even includes independent AC power outlets to charge electric or hybrid automobiles. Our in-house research and development department will continue to work each day to find new uses for solar energy or enhance existing solar solutions in an effort to limit fossil fuel use and make solar energy a viable alternative for everyone."
Sector Close-Up as of Trading April 22, 2008: Stocks to Watch
The Claymore/MAC Global Solar Energy ETF (Market, News )
Akeena Solar Inc. (NASDAQ:AKNS) has grown to become one of the largest national installers of residential and commercial solar power systems in the United States.
Evergreen Solar Inc. (Market, News) develops, manufactures, and markets solar power products primarily in Europe and the United States.
LDK Solar ADR (Market, News) recently completed a $400 million offering of 4.75 percent convertible senior notes.
Canadian Solar Inc. (Market, News)
China Sunergy Company Ltd. (Market, News)
First Solar (Market, News) gave investors impressive gains as everyone think green for Earth Day.
SunPower Corporation (Market, News )
Yingli Green Energy Holding Company Limited (Market, News)
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: Investorideas.com RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc, Akeena Solar
Monday, April 21, 2008
YAHOO! LAUNCHES GLOBAL “FREE IS GOOD” REUSE CAMPAIGN FOR EARTH DAY
YAHOO! LAUNCHES GLOBAL “FREE IS GOOD” REUSE CAMPAIGN FOR EARTH DAY
SUNNYVALE, CALIF. – APRIL 21, 2008 – In celebration of Earth Day, Yahoo! (NasdaqGS: YHOO) today announced the launch of a “Free Is Good” campaign aimed at motivating its online community of more than 500 million users worldwide to reduce their impact on the environment through reuse.
From April 20 through May 4, Yahoo! will help inspire people to join groups and recycle by placing eco-friendly prizes, such as a “Smart car”, eco-trips and green cleaning services, in randomly selected reuse groups. Yahoo! created a microsite to make it easy for users to find a reuse group in their community. The site will be promoted on Yahoo!’s homepage and throughout the network. Yahoo! will also host reuse events at many of its campuses worldwide for employees.
Yahoo! is teaming up with reuse groups like Freecycle, a grassroots community of 4.7 million members across 85 countries, and other popular online reuse groups, to inspire people around the world to think twice before throwing an item in a landfill. In addition to helping our planet, reusing helps people save money and give back to their community.
“Through Yahoo! Green, our Carbon Neutrality program and other green initiatives, Yahoo! is committed to empowering the largest online community in the world with the tools, tips and information to make a positive impact on the planet,” said David Filo, co-founder and Chief Yahoo!. “We’ve seen a grassroots surge in consumers looking for information about reuse so we’re using our network to help move consumers from awareness to action.”
Reuse groups such as Freecycle are the most trafficked on Yahoo! groups. “Freecycle” was the 3rd top green search in 2007. According to the US Environmental Protection Agency (EPA), the amount of waste each person creates has almost doubled from 2.7 to 4.4 pounds per day over the past 35 years. The EPA recommends source reduction, which includes reuse, as the most environmentally sound strategy for preventing waste. A recent online survey of 2,000 US adults conducted by Yahoo! and Decipher Inc. found that 90 percent of respondents said that they would consider product reuse if more education was done on the matter.
Yahoo!’s Earth Day Microsite can be found at http://green.yahoo.com/earth-day.
About Yahoo!
Yahoo! Inc.(NasdaqGS: YHOO) is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com or the company’s blog, Yodel Anecdotal.
Press contacts:
Yahoo!Kelley Benander, 408-349-4072, kelleyb@yahoo-inc.com OutCast CommunicationsKim Milosevich, 415-392-8282, kim@outcastpr.com
Amy Salek
OutCast Communications
asalek@outcastpr.com main: 415-392-8282
SUNNYVALE, CALIF. – APRIL 21, 2008 – In celebration of Earth Day, Yahoo! (NasdaqGS: YHOO) today announced the launch of a “Free Is Good” campaign aimed at motivating its online community of more than 500 million users worldwide to reduce their impact on the environment through reuse.
From April 20 through May 4, Yahoo! will help inspire people to join groups and recycle by placing eco-friendly prizes, such as a “Smart car”, eco-trips and green cleaning services, in randomly selected reuse groups. Yahoo! created a microsite to make it easy for users to find a reuse group in their community. The site will be promoted on Yahoo!’s homepage and throughout the network. Yahoo! will also host reuse events at many of its campuses worldwide for employees.
Yahoo! is teaming up with reuse groups like Freecycle, a grassroots community of 4.7 million members across 85 countries, and other popular online reuse groups, to inspire people around the world to think twice before throwing an item in a landfill. In addition to helping our planet, reusing helps people save money and give back to their community.
“Through Yahoo! Green, our Carbon Neutrality program and other green initiatives, Yahoo! is committed to empowering the largest online community in the world with the tools, tips and information to make a positive impact on the planet,” said David Filo, co-founder and Chief Yahoo!. “We’ve seen a grassroots surge in consumers looking for information about reuse so we’re using our network to help move consumers from awareness to action.”
Reuse groups such as Freecycle are the most trafficked on Yahoo! groups. “Freecycle” was the 3rd top green search in 2007. According to the US Environmental Protection Agency (EPA), the amount of waste each person creates has almost doubled from 2.7 to 4.4 pounds per day over the past 35 years. The EPA recommends source reduction, which includes reuse, as the most environmentally sound strategy for preventing waste. A recent online survey of 2,000 US adults conducted by Yahoo! and Decipher Inc. found that 90 percent of respondents said that they would consider product reuse if more education was done on the matter.
Yahoo!’s Earth Day Microsite can be found at http://green.yahoo.com/earth-day.
About Yahoo!
Yahoo! Inc.(NasdaqGS: YHOO) is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com or the company’s blog, Yodel Anecdotal.
Press contacts:
Yahoo!Kelley Benander, 408-349-4072, kelleyb@yahoo-inc.com OutCast CommunicationsKim Milosevich, 415-392-8282, kim@outcastpr.com
Amy Salek
OutCast Communications
asalek@outcastpr.com main: 415-392-8282
To Commemorate Earth Day the World's Most Popular Board Game Announces the Addition of Renewable Energy Utilities on the MONOPOLY Here & Now
To Commemorate Earth Day the World's Most Popular Board Game Announces the Addition of Renewable Energy Utilities on the MONOPOLY Here & Now: The World Edition Game Board
PAWTUCKET, R.I.---April 21 2008 -(NYSE:HAS )Recognizing the increasing importance of renewable energy sources around the world, MONOPOLY announces that it will feature “Wind Energy” and “Solar Energy” as the utilities in the upcoming MONOPOLY Here & Now: The World Edition game. The new utilities will replace the “Water Works” and “Electric Company” spaces that traditionally appear on the MONOPOLY game board. “When creating this first-ever worldwide MONOPOLY game board, we reviewed all elements of the game to ensure that it reflects today’s global perspective. This included the utility property spaces,” said Phil Jackson, Group Executive, Hasbro Games(HAS). “In a nod to the efforts of countries worldwide to increase the effectiveness and availability of renewable energy sources, we decided to feature Solar Energy and Wind Energy on the game board.”
Globally, wind energy and solar energy are among the fastest growing renewable energy sources. According to the World Wind Energy Association, wind energy generates more than 1 percent of global electricity and is used in more than 70 countries. Solar power continues to grow in popularity as an energy source, with Germany, Japan and the United States leading the world in solar energy capacity. Additionally, rooftop solar heat collectors provide hot water to more than 50 million households worldwide.
In early 2008, MONOPOLY fans from around the world voted for the global cities that they would like to see represented on the first-ever World edition game board. More than 5 million votes were cast during the voting period to determine the 22 cities that will be featured on the game board. The results of the worldwide vote will be announced in August 2008. The new MONOPOLY Here & Now: The World Edition will be available in stores around the world in Autumn 2008.
The official MONOPOLY board has long represented elite locations in individual cities. However, recently Parker Brothers invited fans of the game to help update the board in their respective countries to reflect what the game board would look like if it were created today instead of in 1935. The votes resulted in the “Here & Now” versions of the game in each country. Previous “Here & Now” editions have featured “Cell Phone Service” and “Internet Service” instead of the Water Works and Electric Company utility spaces.
Since 1935, more than 250 million copies of the MONOPOLY game have been sold in 103 countries and 37 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. © 2008 Hasbro, All Rights Reserved.
Hasbro (NYSE:HAS ) is a worldwide leader in children's and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world. © 2008 Hasbro, Inc. All Rights Reserved.
Contact:Hunter Public RelationsDonetta Allen, 212-679-6600dallen@hunterpr.comorHasbro, Inc.Pat Riso, 413-526-2307priso@hasbro.com
Source: Hasbro, Inc.
PAWTUCKET, R.I.---April 21 2008 -(NYSE:HAS )Recognizing the increasing importance of renewable energy sources around the world, MONOPOLY announces that it will feature “Wind Energy” and “Solar Energy” as the utilities in the upcoming MONOPOLY Here & Now: The World Edition game. The new utilities will replace the “Water Works” and “Electric Company” spaces that traditionally appear on the MONOPOLY game board. “When creating this first-ever worldwide MONOPOLY game board, we reviewed all elements of the game to ensure that it reflects today’s global perspective. This included the utility property spaces,” said Phil Jackson, Group Executive, Hasbro Games(HAS). “In a nod to the efforts of countries worldwide to increase the effectiveness and availability of renewable energy sources, we decided to feature Solar Energy and Wind Energy on the game board.”
Globally, wind energy and solar energy are among the fastest growing renewable energy sources. According to the World Wind Energy Association, wind energy generates more than 1 percent of global electricity and is used in more than 70 countries. Solar power continues to grow in popularity as an energy source, with Germany, Japan and the United States leading the world in solar energy capacity. Additionally, rooftop solar heat collectors provide hot water to more than 50 million households worldwide.
In early 2008, MONOPOLY fans from around the world voted for the global cities that they would like to see represented on the first-ever World edition game board. More than 5 million votes were cast during the voting period to determine the 22 cities that will be featured on the game board. The results of the worldwide vote will be announced in August 2008. The new MONOPOLY Here & Now: The World Edition will be available in stores around the world in Autumn 2008.
The official MONOPOLY board has long represented elite locations in individual cities. However, recently Parker Brothers invited fans of the game to help update the board in their respective countries to reflect what the game board would look like if it were created today instead of in 1935. The votes resulted in the “Here & Now” versions of the game in each country. Previous “Here & Now” editions have featured “Cell Phone Service” and “Internet Service” instead of the Water Works and Electric Company utility spaces.
Since 1935, more than 250 million copies of the MONOPOLY game have been sold in 103 countries and 37 languages. More than 200 different editions of the game have been published, but the most popular continues to be the classic "Number Nine." Affectionately known by its original product number, "Number Nine" is based on the streets of Atlantic City and is nearly identical to Charles Darrow's original submission to Parker Brothers. The MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and the character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment. © 2008 Hasbro, All Rights Reserved.
Hasbro (NYSE:HAS ) is a worldwide leader in children's and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, CRANIUM and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world. © 2008 Hasbro, Inc. All Rights Reserved.
Contact:Hunter Public RelationsDonetta Allen, 212-679-6600dallen@hunterpr.comorHasbro, Inc.Pat Riso, 413-526-2307priso@hasbro.com
Source: Hasbro, Inc.
Wednesday, April 16, 2008
RecycleBank Secures $30 Million in Series B Funding from Top Venture Capital Firms
RecycleBank Secures $30 Million in Series B Funding from Top Venture Capital Firms
Kleiner, Perkins, Caulfield and Byers and The Westly Group Join RRE Ventures and Sigma Partners in Funding Successful Recycling Reward Program
NEW YORK--April 15 2008 --RecycleBank, a rewards program that motivates households to recycle, announced today that it has secured $30 million in Series B funding from leading venture capital firms, Kleiner, Perkins, Caulfield and Byers (KPCB), RRE Ventures, Sigma Partners and The Westly Group. RecycleBank will be using this funding to rapidly scale in the United States and continue expansion into Europe in the next 24 months.
KPCB and The Westly Group join RecycleBank’s current investors, RRE Ventures and Sigma Partners in funding the growth and expansion of RecycleBank. KPCB has been an early investor in more than 300 information technology and biotech firms for more than 30 years, including Sun Microsystems, Google and Amazon.com. Today, KPCB is actively working with GreenTech innovators and entrepreneurs. Al Gore recently joined KPCB as a partner, securing a strategic alliance with Gore’s Generation Investment Management. By combining the network, vision, expertise and global reach of Al Gore and Generation Investment Management, KPCB’s goal is to help entrepreneurs change the world.
“Eighty percent of all garbage is recyclable, yet the average residential recycling rate is less than 20 percent. By simply measuring the amount of recycling and rewarding recyclers with real value, RecycleBank has more than doubled recycling rates in every community that’s deployed the program to-date,” said Trae Vassallo, partner at KPCB. “We’ve been searching hard for companies that provide real benefits to consumers through being green and we were delighted to find RecycleBank. RecycleBank reduces landfills, reduces energy use and rewards consumers for doing the right thing.”
The Westly Group invests in and advises leading CleanTech companies in an effort to accelerate the CleanTech revolution. The company was founded by Steve Westly, who most recently served as the controller and chief fiscal officer the state of California, the world’s sixth largest economy. With extensive operating experience in the private and public sectors, from Silicon Valley to Washington and beyond, The Westly Group uses its experiences to give firms the momentum they need to achieve their potential.
“I truly believe that while most people are focusing on biofuels and solar, recycling is on the cutting edge of clean technology – and RecycleBank is the future of recycling,” said Steve Westly, managing partner of The Westly Group.
In addition to receiving funding from both KPCB and The Westly Group, both RRE Ventures and Sigma Parthers invested in the Series B round. The two companies were part of RecycleBank’s round of Series A funding that was announced in May of 2007. Through the secured Series A funding, RecycleBank was able to expand quickly throughout the Northeast. With this round of Series B funding, RecycleBank will be expanding its program throughout the U.S., Europe and beyond.
“Over the past year, RecycleBank has achieved tremendous growth,” said Stuart Ellman, managing partner, RRE Ventures. “With this round of funding, RecycleBank will have the means to continue its expansion in the U.S. and to penetrate the European market as well.”
RecycleBank motivates households and communities to recycle by measuring the amount of recyclables from each home and converting the weight into RecycleBank Reward Points. These Points can be viewed and redeemed at www.recyclebank.com with more than 400 national RecycleBank Reward Partners such as Kraft Foods, Evian® Natural Spring Water, Dunkin’ Donuts, Stonyfield Farms, Green Mountain Coffee and Coca-Cola, as well as local reward partners like restaurants and grocery stores. Currently, RecycleBank is in more than 40 municipalities throughout Pennsylvania, Delaware, Massachusetts, Vermont, Connecticut and New Jersey. To date, RecycleBank households have already diverted more than 36 million tons of recyclables from landfills.
“Having an investment team that includes RRE Ventures, Sigma Partners, KPCB and The Westly Group is a great compliment to the exceptional team of people at RecycleBank, the value that we are building and our social mission,” said Ron Gonen, co-founder and CEO of RecycleBank.
About RecycleBank:
RecycleBank is a rewards program that motivates people to recycle. It does this by quickly and easily measuring the amount of material each home recycles and then converting that activity into RecycleBank Reward Points that can be used at hundreds of local and national rewards partners. RecycleBank is simple to implement, market-driven and proven to work, saving municipalities’ money and rewarding citizens for their environmental stewardship. RRE Ventures and Sigma Partners are the largest institutional shareholder group and Ron Gonen, the co-founder and CEO is the largest individual shareholder. RecycleBank is headquartered in New York City and also maintains an office in Philadelphia. Visit www.recyclebank.com for more information.
About Kleiner, Perkins, Caulfield and Byers:
Kleiner Perkins Caufield & Byers is leading the venture community to invest in and accelerate Green technology solutions and policy innovations. The firm has been active in GreenTech initiatives since 1999. KPCB has committed more than $200 million to ventures across the globe that offer green technology products and services, such as better biofuels, renewable energy generation, cleaner transportation, improved energy storage, and higher energy efficiency technologies. More than half the firm’s investing professionals are involved in GreenTech investments. www.kpcb.com/greentech Since its founding in 1972, KPCB has backed entrepreneurs in over 475 ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. The firm has offices in Menlo Park, California, Beijing, China and Shanghai, China.
About RRE Ventures:
Since its founding in 1994, RRE Ventures has been dedicated to helping talented management teams build leading companies in the software, communications, and financial services industries. With $850 million in assets, the firm backs entrepreneurs and management teams that possess the knowledge, vision, and discipline to create market-dominating companies. RRE’s team offers a unique combination of management, operations, and investment expertise, as well as an unrivaled network of relationships that has helped build over ninety companies. For more information, visit: www.rre.com.
About Sigma Partners:
Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit http://www.sigmapartners.com.
About The Westly Group:
The Westly Group is a clean technology-oriented venture capital firm located in Menlo Park, California. We focus primarily on companies with proven revenue streams but are open to investments in all stages of growth. We are looking for teams with innovative technologies to solve the world’s most pressing problems. We believe in the power of the passionate entrepreneur—whether sitting in a modern office tower or a dark Silicon Valley garage—to change the world. Our investments tend to be in later stage companies with existing revenue streams and proven technologies. To win in the clean technology space, a company must navigate the halls of government, build a team that knows how to move fast, and meet the modern regulatory standards required of public companies. We pride ourselves on our ability to help our portfolio companies grow and succeed under these conditions.
Contacts Press:Articulate Communications Inc.Kate Corcoran, 212-255-0080, ext. 18kcorcoran@articulatepr.com
Kleiner, Perkins, Caulfield and Byers and The Westly Group Join RRE Ventures and Sigma Partners in Funding Successful Recycling Reward Program
NEW YORK--April 15 2008 --RecycleBank, a rewards program that motivates households to recycle, announced today that it has secured $30 million in Series B funding from leading venture capital firms, Kleiner, Perkins, Caulfield and Byers (KPCB), RRE Ventures, Sigma Partners and The Westly Group. RecycleBank will be using this funding to rapidly scale in the United States and continue expansion into Europe in the next 24 months.
KPCB and The Westly Group join RecycleBank’s current investors, RRE Ventures and Sigma Partners in funding the growth and expansion of RecycleBank. KPCB has been an early investor in more than 300 information technology and biotech firms for more than 30 years, including Sun Microsystems, Google and Amazon.com. Today, KPCB is actively working with GreenTech innovators and entrepreneurs. Al Gore recently joined KPCB as a partner, securing a strategic alliance with Gore’s Generation Investment Management. By combining the network, vision, expertise and global reach of Al Gore and Generation Investment Management, KPCB’s goal is to help entrepreneurs change the world.
“Eighty percent of all garbage is recyclable, yet the average residential recycling rate is less than 20 percent. By simply measuring the amount of recycling and rewarding recyclers with real value, RecycleBank has more than doubled recycling rates in every community that’s deployed the program to-date,” said Trae Vassallo, partner at KPCB. “We’ve been searching hard for companies that provide real benefits to consumers through being green and we were delighted to find RecycleBank. RecycleBank reduces landfills, reduces energy use and rewards consumers for doing the right thing.”
The Westly Group invests in and advises leading CleanTech companies in an effort to accelerate the CleanTech revolution. The company was founded by Steve Westly, who most recently served as the controller and chief fiscal officer the state of California, the world’s sixth largest economy. With extensive operating experience in the private and public sectors, from Silicon Valley to Washington and beyond, The Westly Group uses its experiences to give firms the momentum they need to achieve their potential.
“I truly believe that while most people are focusing on biofuels and solar, recycling is on the cutting edge of clean technology – and RecycleBank is the future of recycling,” said Steve Westly, managing partner of The Westly Group.
In addition to receiving funding from both KPCB and The Westly Group, both RRE Ventures and Sigma Parthers invested in the Series B round. The two companies were part of RecycleBank’s round of Series A funding that was announced in May of 2007. Through the secured Series A funding, RecycleBank was able to expand quickly throughout the Northeast. With this round of Series B funding, RecycleBank will be expanding its program throughout the U.S., Europe and beyond.
“Over the past year, RecycleBank has achieved tremendous growth,” said Stuart Ellman, managing partner, RRE Ventures. “With this round of funding, RecycleBank will have the means to continue its expansion in the U.S. and to penetrate the European market as well.”
RecycleBank motivates households and communities to recycle by measuring the amount of recyclables from each home and converting the weight into RecycleBank Reward Points. These Points can be viewed and redeemed at www.recyclebank.com with more than 400 national RecycleBank Reward Partners such as Kraft Foods, Evian® Natural Spring Water, Dunkin’ Donuts, Stonyfield Farms, Green Mountain Coffee and Coca-Cola, as well as local reward partners like restaurants and grocery stores. Currently, RecycleBank is in more than 40 municipalities throughout Pennsylvania, Delaware, Massachusetts, Vermont, Connecticut and New Jersey. To date, RecycleBank households have already diverted more than 36 million tons of recyclables from landfills.
“Having an investment team that includes RRE Ventures, Sigma Partners, KPCB and The Westly Group is a great compliment to the exceptional team of people at RecycleBank, the value that we are building and our social mission,” said Ron Gonen, co-founder and CEO of RecycleBank.
About RecycleBank:
RecycleBank is a rewards program that motivates people to recycle. It does this by quickly and easily measuring the amount of material each home recycles and then converting that activity into RecycleBank Reward Points that can be used at hundreds of local and national rewards partners. RecycleBank is simple to implement, market-driven and proven to work, saving municipalities’ money and rewarding citizens for their environmental stewardship. RRE Ventures and Sigma Partners are the largest institutional shareholder group and Ron Gonen, the co-founder and CEO is the largest individual shareholder. RecycleBank is headquartered in New York City and also maintains an office in Philadelphia. Visit www.recyclebank.com for more information.
About Kleiner, Perkins, Caulfield and Byers:
Kleiner Perkins Caufield & Byers is leading the venture community to invest in and accelerate Green technology solutions and policy innovations. The firm has been active in GreenTech initiatives since 1999. KPCB has committed more than $200 million to ventures across the globe that offer green technology products and services, such as better biofuels, renewable energy generation, cleaner transportation, improved energy storage, and higher energy efficiency technologies. More than half the firm’s investing professionals are involved in GreenTech investments. www.kpcb.com/greentech Since its founding in 1972, KPCB has backed entrepreneurs in over 475 ventures, including AOL, Align Technology, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. The firm has offices in Menlo Park, California, Beijing, China and Shanghai, China.
About RRE Ventures:
Since its founding in 1994, RRE Ventures has been dedicated to helping talented management teams build leading companies in the software, communications, and financial services industries. With $850 million in assets, the firm backs entrepreneurs and management teams that possess the knowledge, vision, and discipline to create market-dominating companies. RRE’s team offers a unique combination of management, operations, and investment expertise, as well as an unrivaled network of relationships that has helped build over ninety companies. For more information, visit: www.rre.com.
About Sigma Partners:
Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit http://www.sigmapartners.com.
About The Westly Group:
The Westly Group is a clean technology-oriented venture capital firm located in Menlo Park, California. We focus primarily on companies with proven revenue streams but are open to investments in all stages of growth. We are looking for teams with innovative technologies to solve the world’s most pressing problems. We believe in the power of the passionate entrepreneur—whether sitting in a modern office tower or a dark Silicon Valley garage—to change the world. Our investments tend to be in later stage companies with existing revenue streams and proven technologies. To win in the clean technology space, a company must navigate the halls of government, build a team that knows how to move fast, and meet the modern regulatory standards required of public companies. We pride ourselves on our ability to help our portfolio companies grow and succeed under these conditions.
Contacts Press:Articulate Communications Inc.Kate Corcoran, 212-255-0080, ext. 18kcorcoran@articulatepr.com
Wednesday, April 09, 2008
Cleantech Group Reports Cleantech Investments Up 42 Percent in 1Q08 From Prior Year, Despite Recent Peak of Ethanol, Wind and Thin Film Solar Waves
Cleantech Group Reports Cleantech Investments Up 42 Percent in 1Q08 From Prior Year, Despite Recent Peak of Ethanol, Wind and Thin Film Solar Waves
Long-term trend remains positive, even in face of second sequential quarter decline
SAN FRANCISCO, April 9, 2008 -- The Cleantech Group(TM), founders of the cleantech investment category and providers of leading global market research, released today 1Q08 results for cleantech investments in North America, Europe and Israel totaling $1.25 billion, up 42 percent from the same period a year ago.
1Q08 represents the second consecutive quarterly decline since the record third quarter of 2007, yet is an all-time record for a first quarter period in the cleantech category, and also the first time a first quarter has exceeded the $1 billion mark.
Cleantech Group recorded 79 transactions in 1Q08, averaging $15.8 million per round, up 53 percent from the $10.3 million average a year ago. The increase represents the 4th consecutive quarter of double-digit growth on a year-over-year basis. On a sequential basis, the $1.25 billion invested in 1Q08 was down 20 percent from what was a very strong 4Q07, reflecting possible seasonality in the sector.
"While the long-term investment trend shows continued expansion of the category as a whole, we are seeing contraction in what had been the market-leading sectors of first generation biofuels and second generation solar," said John Balbach, Managing Partner, Cleantech Group. "This healthy minor correction indicates exuberance is giving way to tempered optimism."
Cleantech Group's data suggests two high profile investment waves have peaked:
-- ETHANOL AND WIND (2005-2006): Powered by investments in US ethanol and European wind energy companies, the wave peaked in 3Q06 at $1.52 billion and has steadily declined since.
-- THIN FILM SOLAR (2007): Driven by investments in US and European thin-film solar companies, this wave peaked in 3Q07 at $1.83 billion invested, and has since contracted for two consecutive quarters, to $1.56 billion 4Q07 and $1.25 billion in 1Q08. Thin-film technologies accounted for approximately two-thirds of investments in solar, while crystalline technologies accounted for one-third.
Top Five Global Venture Investors (by number of participations):
Company Deals Amount $(mil)
Khosla Ventures 9 deals, including 3 undisclosed deals 205 New Enterprise Associates 4 deals, total of the rounds 84.4 Kleiner Perkins Caufield 4 deals, including 1 & Byers undisclosed deal 80 Element Partners 4 deals, total of the rounds 68.9 Israel Cleantech Ventures 4 deals, total of the rounds 16.6 Source: Cleantech Group, LLC (TM)
North America
In North America, $873 million was invested in 50 companies. North American cleantech investing increased by 35 percent year-over-year, up from 20 percent growth between 1Q07 and 1Q06. Investment in 1Q08 was lower than the record-breaking 3Q07 and 4Q07, while average deal size has continued to increase for six straight quarters.
Top Five North American Investments (by round size)
Company State Type Amount $(mil)
Range Fuels Colorado Thermochemical cellulosic ethanol $100 Luminus Massachusetts Solid state lighting $72 Infinia Washington Stirling engines $50 Suniva Georgia Crystalline silicon solar cell production $50 Boston Power Massachusetts Li-ion batteries $45 Source: Cleantech Group, LLC (TM)
Top Five North American Sectors
Sector Category Amount $(mil) Number of Deals
Biofuels Energy Generation $195 5 Solar Energy Generation $119 8 LED lighting Energy Efficiency $100 5 Materials Materials $96 3 Li-ion Batteries Energy Storage $58 3 Source: Cleantech Group, LLC (TM)
Energy-related cleantech (energy generation, storage, efficiency and infrastructure) in North America received $678 million, 77.6 percent of the investment total, across 37 companies. Energy has represented at least two-thirds the number of North American cleantech deals for the last eight quarters.
Top Five North American Regions
Region Category Amount $(mil) Number of Companies West Coast (CA) $282 30 Northeast (MA,PA,VT, DC) $223 15 Rockies/Plains (CO) $113 3 Southeast (GA,VA,FL) $9 4 Northwest (WA) $67M 2 Source: Cleantech Group, LLC (TM)
Both Silicon Valley and Canada exhibited seasonal dips, with relatively low $116 million and $43 million invested respectively. California accounted for 32.3 percent of total investments, compared to the previous six quarters of at least 40 percent. The Boston tech cluster hit a high mark of $165 million invested.
Europe & Israel
European and Israeli cleantech companies received USD $377 million in 29 transactions. The quarter was up 63.8 percent year-over-year, a record first quarter, and up 4 percent quarter-over-quarter. The top five investments accounted for 75 percent of the total, including three solar companies in Israel and Germany, one wave energy company in the UK, and one materials company in Sweden. Excluding Israel, European cleantech companies raised $245 million, representing a lowered 7 percent growth versus a year ago.
Western Europe, including the UK, was tracked at $217 million invested in 18 transactions. Israel had a breakout quarter with $132 million across nine companies, the highest ever for the country, driven mainly by a $105 million investment in solar thermal concentrator company Solel Solar Systems. This is a 75 percent increase from the previous quarter. Energy Generation continues to dominate European cleantech investing, accounting for 80 percent of the $377 million total, and up 75 percent from 4Q07.
M&A and IPOs
Cleantech M&A amounted to 47 transactions completed in 1Q08, up from 39 in 1Q07, but less activity versus the previous three quarters. Airtricity was the top acquisition, valuing the wind farm company at approximately $2.1B. Over half of M&As were in energy generation. Cleantech IPOs hit an all-time low with four recorded, the largest being Shenzhen Topray Solar listing on the Shenzhen Stock Exchange generating $60M.
Cleantech Index (CTIUS) Performed Well Despite Current Economic Conditions
The Cleantech Index (CTIUS), composed of 46 companies with a combined market capitalization of approximately $340 billion, was not immune from downward pressures on public equities. Despite sliding 13.6 percent in 1Q08, CTIUS outperformed the NASDAQ Composite Index (down 14.1 percent) and outperformed nearly all the alternative energy indices, which fell in the 18-30 percent range. The S&P 500 was down 9.9 percent and the Russell 2000 Index fell 10.2 percent.
About Cleantech Group, LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers, and entrepreneurs to facilitate the growth of cleantech globally. Visit http://www.cleantech.com.
Source: The Cleantech Group,
Long-term trend remains positive, even in face of second sequential quarter decline
SAN FRANCISCO, April 9, 2008 -- The Cleantech Group(TM), founders of the cleantech investment category and providers of leading global market research, released today 1Q08 results for cleantech investments in North America, Europe and Israel totaling $1.25 billion, up 42 percent from the same period a year ago.
1Q08 represents the second consecutive quarterly decline since the record third quarter of 2007, yet is an all-time record for a first quarter period in the cleantech category, and also the first time a first quarter has exceeded the $1 billion mark.
Cleantech Group recorded 79 transactions in 1Q08, averaging $15.8 million per round, up 53 percent from the $10.3 million average a year ago. The increase represents the 4th consecutive quarter of double-digit growth on a year-over-year basis. On a sequential basis, the $1.25 billion invested in 1Q08 was down 20 percent from what was a very strong 4Q07, reflecting possible seasonality in the sector.
"While the long-term investment trend shows continued expansion of the category as a whole, we are seeing contraction in what had been the market-leading sectors of first generation biofuels and second generation solar," said John Balbach, Managing Partner, Cleantech Group. "This healthy minor correction indicates exuberance is giving way to tempered optimism."
Cleantech Group's data suggests two high profile investment waves have peaked:
-- ETHANOL AND WIND (2005-2006): Powered by investments in US ethanol and European wind energy companies, the wave peaked in 3Q06 at $1.52 billion and has steadily declined since.
-- THIN FILM SOLAR (2007): Driven by investments in US and European thin-film solar companies, this wave peaked in 3Q07 at $1.83 billion invested, and has since contracted for two consecutive quarters, to $1.56 billion 4Q07 and $1.25 billion in 1Q08. Thin-film technologies accounted for approximately two-thirds of investments in solar, while crystalline technologies accounted for one-third.
Top Five Global Venture Investors (by number of participations):
Company Deals Amount $(mil)
Khosla Ventures 9 deals, including 3 undisclosed deals 205 New Enterprise Associates 4 deals, total of the rounds 84.4 Kleiner Perkins Caufield 4 deals, including 1 & Byers undisclosed deal 80 Element Partners 4 deals, total of the rounds 68.9 Israel Cleantech Ventures 4 deals, total of the rounds 16.6 Source: Cleantech Group, LLC (TM)
North America
In North America, $873 million was invested in 50 companies. North American cleantech investing increased by 35 percent year-over-year, up from 20 percent growth between 1Q07 and 1Q06. Investment in 1Q08 was lower than the record-breaking 3Q07 and 4Q07, while average deal size has continued to increase for six straight quarters.
Top Five North American Investments (by round size)
Company State Type Amount $(mil)
Range Fuels Colorado Thermochemical cellulosic ethanol $100 Luminus Massachusetts Solid state lighting $72 Infinia Washington Stirling engines $50 Suniva Georgia Crystalline silicon solar cell production $50 Boston Power Massachusetts Li-ion batteries $45 Source: Cleantech Group, LLC (TM)
Top Five North American Sectors
Sector Category Amount $(mil) Number of Deals
Biofuels Energy Generation $195 5 Solar Energy Generation $119 8 LED lighting Energy Efficiency $100 5 Materials Materials $96 3 Li-ion Batteries Energy Storage $58 3 Source: Cleantech Group, LLC (TM)
Energy-related cleantech (energy generation, storage, efficiency and infrastructure) in North America received $678 million, 77.6 percent of the investment total, across 37 companies. Energy has represented at least two-thirds the number of North American cleantech deals for the last eight quarters.
Top Five North American Regions
Region Category Amount $(mil) Number of Companies West Coast (CA) $282 30 Northeast (MA,PA,VT, DC) $223 15 Rockies/Plains (CO) $113 3 Southeast (GA,VA,FL) $9 4 Northwest (WA) $67M 2 Source: Cleantech Group, LLC (TM)
Both Silicon Valley and Canada exhibited seasonal dips, with relatively low $116 million and $43 million invested respectively. California accounted for 32.3 percent of total investments, compared to the previous six quarters of at least 40 percent. The Boston tech cluster hit a high mark of $165 million invested.
Europe & Israel
European and Israeli cleantech companies received USD $377 million in 29 transactions. The quarter was up 63.8 percent year-over-year, a record first quarter, and up 4 percent quarter-over-quarter. The top five investments accounted for 75 percent of the total, including three solar companies in Israel and Germany, one wave energy company in the UK, and one materials company in Sweden. Excluding Israel, European cleantech companies raised $245 million, representing a lowered 7 percent growth versus a year ago.
Western Europe, including the UK, was tracked at $217 million invested in 18 transactions. Israel had a breakout quarter with $132 million across nine companies, the highest ever for the country, driven mainly by a $105 million investment in solar thermal concentrator company Solel Solar Systems. This is a 75 percent increase from the previous quarter. Energy Generation continues to dominate European cleantech investing, accounting for 80 percent of the $377 million total, and up 75 percent from 4Q07.
M&A and IPOs
Cleantech M&A amounted to 47 transactions completed in 1Q08, up from 39 in 1Q07, but less activity versus the previous three quarters. Airtricity was the top acquisition, valuing the wind farm company at approximately $2.1B. Over half of M&As were in energy generation. Cleantech IPOs hit an all-time low with four recorded, the largest being Shenzhen Topray Solar listing on the Shenzhen Stock Exchange generating $60M.
Cleantech Index (CTIUS) Performed Well Despite Current Economic Conditions
The Cleantech Index (CTIUS), composed of 46 companies with a combined market capitalization of approximately $340 billion, was not immune from downward pressures on public equities. Despite sliding 13.6 percent in 1Q08, CTIUS outperformed the NASDAQ Composite Index (down 14.1 percent) and outperformed nearly all the alternative energy indices, which fell in the 18-30 percent range. The S&P 500 was down 9.9 percent and the Russell 2000 Index fell 10.2 percent.
About Cleantech Group, LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers, and entrepreneurs to facilitate the growth of cleantech globally. Visit http://www.cleantech.com.
Source: The Cleantech Group,
Tuesday, April 08, 2008
Clear Skies Solar Signs LOA for $20 Million Solar Energy Deal in India
Clear Skies Solar Signs LOA for $20 Million Solar Energy Deal in India
Five Megawatt Solar Power Facility Marks Company's Entrance to International Market
NEW YORK & INDIA - Clear Skies Solar, Inc. (OTCBB: CSKH) today announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India to develop and construct the first of several solar energy projects in India.
In this project, which is Clear Skies Solar’s first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel mill and support the community’s energy grid system, providing much-needed energy on this particular line.
“We recognize that the continued use of fossil fuels negatively impacts both the economy and the environment,” said Power Cube Chairman Mohan Kejriwal. “As such, Power Cube is determined to meet a portion of India’s energy requirements by developing several large solar photovoltaic projects (PV Projects) which will generate electricity from sunlight.”
“India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs.”
“While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed,” added Green. “Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs.”
“Clear Skies Solar has shown that it has the ability and innovative construction techniques to execute this contract, and we look forward to this project beginning in October of 2008,” added Kejriwal. “It is the goal of both parties to complete the construction of the five megawatt PV Project and for it to be operational before March of 2009.”
Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc
Five Megawatt Solar Power Facility Marks Company's Entrance to International Market
NEW YORK & INDIA - Clear Skies Solar, Inc. (OTCBB: CSKH) today announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India to develop and construct the first of several solar energy projects in India.
In this project, which is Clear Skies Solar’s first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel mill and support the community’s energy grid system, providing much-needed energy on this particular line.
“We recognize that the continued use of fossil fuels negatively impacts both the economy and the environment,” said Power Cube Chairman Mohan Kejriwal. “As such, Power Cube is determined to meet a portion of India’s energy requirements by developing several large solar photovoltaic projects (PV Projects) which will generate electricity from sunlight.”
“India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs.”
“While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed,” added Green. “Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs.”
“Clear Skies Solar has shown that it has the ability and innovative construction techniques to execute this contract, and we look forward to this project beginning in October of 2008,” added Kejriwal. “It is the goal of both parties to complete the construction of the five megawatt PV Project and for it to be operational before March of 2009.”
Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
Avalanche Strategic Communications
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Holdings, Inc
Monday, April 07, 2008
Biofuel Market Benefits from China's Multi-pronged Efforts toward the Development of Renewable Energy
Biofuel Market Benefits from China's Multi-pronged Efforts toward the Development of Renewable Energy
April 7 2008 Research and Markets (http://www.researchandmarkets.com/reports/c87786) has announced the addition of "Strategic Analysis of the Chinese Biofuel Market" to their offering. The rapidly developing Chinese biofuel market is expected to gain momentum with the Chinese Government's move to assign top priority to renewable energy. Challenges thrown up by agricultural, energy, and environmental considerations have stimulated increasing interest in renewable energy sources, primarily biofuel. Although the market is still in the embryonic stage, the potential it offers is enormous. Since 2001, China has been actively propagating the utilization of environmental-friendly energies. Since biofuel is a low-pollution fuel compared to mineral petroleum or diesel, it has proved to be the best option among these new energies. The Renewable Energy Act, 2006 defines the scope of biofuel and acknowledges its strategic position in China's economic growth. The Government has introduced a special fund for the development of renewable energy. Producing far less pollution than mineral petroleum or diesel, biofuel also helps to bolster China's strategies to promote an inherently cleaner economy.
Since the 1990s, China has been witnessing increased growth in energy consumption. Domestic sources are unable to cope with the rising demands from the industry and transportation sectors, consequently forcing China to depend heavily on imported petroleum. To implement its long-term development plans to boost biofuel production, the Government offers tax exemption and financial subsidies for rural residents engaged in the cultivation of biofuel energy crops. By promoting the cultivation of energy crops and providing working opportunities in the biofuel industry, China is helping the development of the rural economy. The Government is also following a policy of protectionism and creating an advantageous market environment for domestic manufacturers. "At present, most biofuel manufacturers are domestic participants," notes the analyst of this research service. "In fact, all four bioethanol factories are large-sized state-owned enterprises."
Increased Production of Crop-based Energy Alternatives and Tighter Legislation to Boost Biofuel Market Initiatives
The shortage of feedstock, especially in the wake of the increased demand for biofuels, is a major constraint to the development of the bioethanol as well as the biodiesel segments. As biofuel feedstock cultivation is still in the development stages, large-scale supply is lacking at this juncture. "Whether the feedstock supply can satisfy the need of the biofuel industry is determined by the land availability for energy crop and the security status of food in China," says the analyst. According to the Biomass Industry Development Plan, arable land was not allowed to be used for the cultivation of non-food crop; instead, feedstock cultivators could only use wasteland, alkaline, or saline land. The National Development and Reform Commission has outlined a detailed plan of action for the bioethanol industry, wherein the production of bioethanol is expected to reach 200,000 tons by 2010. China has also commissioned four pilot projects dedicated to the production of bioethanol to augment its efforts to step up production.
A series of guidelines, plans, and strategies were undertaken to invigorate the production of biomass energy since 2005. To ensure the steady development of the domestic biodiesel industry, China is likely to continue having a stern regulatory control on the biodiesel industry from 2007 to 2010, while the more advanced bioethanol segment already has regulations governing it," says the analyst. This stringent national control over the bioethanol industry has dissuaded foreign investment." However, investors could gain favourable policy outcomes and government support by liaising extensively with government branches. They also need to conform to the Chinese regulatory environment and establish alliances with local manufacturers instead of setting up wholly funded branches.
This Frost & Sullivan research service titled Strategic Analysis of the Chinese Biofuel Market provides an overview of the Chinese biofuel market size and structure as a whole, along with the complete analysis of key market drivers, restraints, and trends that are impacting the market growth of key engineering plastics. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: biodiesel and bioethanol.
Key Topics:
- Executive Summary
- Strategic Analysis of the Total Biofuel Market in China
- Strategic Analysis of the Chinese Biodiesel Market
- Strategic Analysis of the Chinese Bioethanol Market
- Regulatory and Legislatory Analysis
- Appendix
For more information visit http://www.researchandmarkets.com/reports/c87786
Contact:
Research and MarketsLaura WoodSenior ManagerFax: +353 1 4100 980press@researchandmarkets.com
April 7 2008 Research and Markets (http://www.researchandmarkets.com/reports/c87786) has announced the addition of "Strategic Analysis of the Chinese Biofuel Market" to their offering. The rapidly developing Chinese biofuel market is expected to gain momentum with the Chinese Government's move to assign top priority to renewable energy. Challenges thrown up by agricultural, energy, and environmental considerations have stimulated increasing interest in renewable energy sources, primarily biofuel. Although the market is still in the embryonic stage, the potential it offers is enormous. Since 2001, China has been actively propagating the utilization of environmental-friendly energies. Since biofuel is a low-pollution fuel compared to mineral petroleum or diesel, it has proved to be the best option among these new energies. The Renewable Energy Act, 2006 defines the scope of biofuel and acknowledges its strategic position in China's economic growth. The Government has introduced a special fund for the development of renewable energy. Producing far less pollution than mineral petroleum or diesel, biofuel also helps to bolster China's strategies to promote an inherently cleaner economy.
Since the 1990s, China has been witnessing increased growth in energy consumption. Domestic sources are unable to cope with the rising demands from the industry and transportation sectors, consequently forcing China to depend heavily on imported petroleum. To implement its long-term development plans to boost biofuel production, the Government offers tax exemption and financial subsidies for rural residents engaged in the cultivation of biofuel energy crops. By promoting the cultivation of energy crops and providing working opportunities in the biofuel industry, China is helping the development of the rural economy. The Government is also following a policy of protectionism and creating an advantageous market environment for domestic manufacturers. "At present, most biofuel manufacturers are domestic participants," notes the analyst of this research service. "In fact, all four bioethanol factories are large-sized state-owned enterprises."
Increased Production of Crop-based Energy Alternatives and Tighter Legislation to Boost Biofuel Market Initiatives
The shortage of feedstock, especially in the wake of the increased demand for biofuels, is a major constraint to the development of the bioethanol as well as the biodiesel segments. As biofuel feedstock cultivation is still in the development stages, large-scale supply is lacking at this juncture. "Whether the feedstock supply can satisfy the need of the biofuel industry is determined by the land availability for energy crop and the security status of food in China," says the analyst. According to the Biomass Industry Development Plan, arable land was not allowed to be used for the cultivation of non-food crop; instead, feedstock cultivators could only use wasteland, alkaline, or saline land. The National Development and Reform Commission has outlined a detailed plan of action for the bioethanol industry, wherein the production of bioethanol is expected to reach 200,000 tons by 2010. China has also commissioned four pilot projects dedicated to the production of bioethanol to augment its efforts to step up production.
A series of guidelines, plans, and strategies were undertaken to invigorate the production of biomass energy since 2005. To ensure the steady development of the domestic biodiesel industry, China is likely to continue having a stern regulatory control on the biodiesel industry from 2007 to 2010, while the more advanced bioethanol segment already has regulations governing it," says the analyst. This stringent national control over the bioethanol industry has dissuaded foreign investment." However, investors could gain favourable policy outcomes and government support by liaising extensively with government branches. They also need to conform to the Chinese regulatory environment and establish alliances with local manufacturers instead of setting up wholly funded branches.
This Frost & Sullivan research service titled Strategic Analysis of the Chinese Biofuel Market provides an overview of the Chinese biofuel market size and structure as a whole, along with the complete analysis of key market drivers, restraints, and trends that are impacting the market growth of key engineering plastics. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: biodiesel and bioethanol.
Key Topics:
- Executive Summary
- Strategic Analysis of the Total Biofuel Market in China
- Strategic Analysis of the Chinese Biodiesel Market
- Strategic Analysis of the Chinese Bioethanol Market
- Regulatory and Legislatory Analysis
- Appendix
For more information visit http://www.researchandmarkets.com/reports/c87786
Contact:
Research and MarketsLaura WoodSenior ManagerFax: +353 1 4100 980press@researchandmarkets.com
Monday, March 31, 2008
Yahoo! Survey of Consumers for Earth Day
Yahoo! recently completed a survey of U.S. consumers to find out how they plan to celebrate Earth Day, what environmental issues are top of mind, and how much recycling and reusing are a part of daily life. The answers may surprise you – more than half of all those surveyed didn’t even know that April 22nd was Earth Day.
Consumer knowledge of key ‘environmental terms”
The word global warming, reuse and carbon neutral can mean many things to many individuals. Most Americans claim to know how to define global warming and understand the concept of reuse. However, only a third of all Americans can define the word carbon neutral.
Impacting The Environment
Consumers believe that reuse, recycling and curbing car use is the most effective way to positively impact the environment. However, education about global warming is still needed as less than half believe that Global warming is bad for their personal health, and only one in ten believe that eating meat might be bad for the environment.
Interestingly enough, only ½ of all consumers believe that their individual contribution has any impact on the earth as a whole.
Thinking And Action
63% of consumers recycle and 57% reuse products every chance they get. Many are also using energy efficient appliances and light bulbs around the home. However, apart from recycling, consumers are significantly less likely to give up red meat, take public transportation, carpool and even buy environmentally friendly cleaning supplies.
Boomers have an elevated sense of urgency when it comes to the environment. They feel significantly more positive about their individual contribution maybe because of their elevated belief that global warming will impact them in their lifetime. That train of thought and thinking leads significantly greater action in recycling, reuse, and green clean product buying. This thinking translates into advocacy, as a quarter will convince friends to buy eco-friendly products when they ask my opinion on purchases.
However, not even they are more likely to take more public transportation, carpool or abstain from meat.
Even with all these initiatives around the environment, nearly half believe Global Warming won’t impact their generation or lifetime and 1/5 believe it is a sensationalized story by the media.
Recycling and reusing, why not?
Among those who don’t recycle, the biggest reason is difficulty where they live, simply forgetting and not knowing where to go to recycle. Nearly 4 in 10 don’t know why they don’t reuse more. Lack of knowledge is the biggest barrier to reusing different products.
The biggest driver to product reuse is cost savings which is at parity with the positive environmental impact. A functional cost savings message tied with the positive impact on environment may most appeal when talking about reuse to consumers.
One very positive outcome is that nearly 90% of Americans would consider product reuse products if more education was done on the matter. In fact, a third of Boomers are ready to make a change to reuse products every chance they get if provided with the right information.
39% of all consumers will pay a little extra for environmentally friendly products
Earth Day
More than half didn’t know that April 22 is Earth Day. 44% of all consumers have no plans to do anything during Earth Day. However, among those who do know about earth day, almost seven in ten will participate in an earth day event. Most will participate in recycling or tree planting. A quarter will participate in an earth day event.
Consumer knowledge of key ‘environmental terms”
The word global warming, reuse and carbon neutral can mean many things to many individuals. Most Americans claim to know how to define global warming and understand the concept of reuse. However, only a third of all Americans can define the word carbon neutral.
Impacting The Environment
Consumers believe that reuse, recycling and curbing car use is the most effective way to positively impact the environment. However, education about global warming is still needed as less than half believe that Global warming is bad for their personal health, and only one in ten believe that eating meat might be bad for the environment.
Interestingly enough, only ½ of all consumers believe that their individual contribution has any impact on the earth as a whole.
Thinking And Action
63% of consumers recycle and 57% reuse products every chance they get. Many are also using energy efficient appliances and light bulbs around the home. However, apart from recycling, consumers are significantly less likely to give up red meat, take public transportation, carpool and even buy environmentally friendly cleaning supplies.
Boomers have an elevated sense of urgency when it comes to the environment. They feel significantly more positive about their individual contribution maybe because of their elevated belief that global warming will impact them in their lifetime. That train of thought and thinking leads significantly greater action in recycling, reuse, and green clean product buying. This thinking translates into advocacy, as a quarter will convince friends to buy eco-friendly products when they ask my opinion on purchases.
However, not even they are more likely to take more public transportation, carpool or abstain from meat.
Even with all these initiatives around the environment, nearly half believe Global Warming won’t impact their generation or lifetime and 1/5 believe it is a sensationalized story by the media.
Recycling and reusing, why not?
Among those who don’t recycle, the biggest reason is difficulty where they live, simply forgetting and not knowing where to go to recycle. Nearly 4 in 10 don’t know why they don’t reuse more. Lack of knowledge is the biggest barrier to reusing different products.
The biggest driver to product reuse is cost savings which is at parity with the positive environmental impact. A functional cost savings message tied with the positive impact on environment may most appeal when talking about reuse to consumers.
One very positive outcome is that nearly 90% of Americans would consider product reuse products if more education was done on the matter. In fact, a third of Boomers are ready to make a change to reuse products every chance they get if provided with the right information.
39% of all consumers will pay a little extra for environmentally friendly products
Earth Day
More than half didn’t know that April 22 is Earth Day. 44% of all consumers have no plans to do anything during Earth Day. However, among those who do know about earth day, almost seven in ten will participate in an earth day event. Most will participate in recycling or tree planting. A quarter will participate in an earth day event.
Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch
Renewable Energy Stocks Sector Close- Up on Solar Stocks Performance; “Solar Stocks Exploded to the Upside” Reports J. Peter Lynch
Foreign Investment in Thin Film Solar Stock Attributed to Momentum
POINT ROBERTS, WA and DELTA, BC –March 31, 2008, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks following last weeks surge.
Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities attributed some of the momentum to thin film solar company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an additional 2,341,897 shares with gross proceeds to the company of approximately $28.4 million. He reports in an audio commentary, “With a weak dollar, foreign companies may be looking at some of these smaller solar stocks as extremely cheap investments in terms of future performance.”
Hear the full Audio commentary recorded March 28, 2008: Play:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
Other factors in the solar stocks spike include earnings from Solarfun beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt installation.
Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin,” In my opinion, one of the primary reasons for this solar rally is really quite simple – NO MORE SELLERS were left to drive solar stock down any further. In his recent column he goes on to say, “Last week, seemingly out of nowhere, solar stocks literally exploded (up over 15% for the week) catching almost everyone by total surprise. The general market has recently been in turmoil over the housing crisis, the credit crunch and the looming fear of an impending recession; not exactly a general market environment conducive for rallies in any sector. But in spite of this bleak backdrop the solar sector roared ahead regardless.”
In terms of future success in the solar sector he reports he looks for companies that are “ vertically integrated in the traditional silicon segment, have cost effective thin film products or are in higher margin areas such as building integrated photovoltaics (BIPV). “
Lux Research forecasts a shakeout in the solar industry, “We project that the supply of solar modules will exceed demand in 2009, leading to falling prices and a shake-out among companies that aren’t prepared to thrive in this new environment – particularly crystalline silicon players that haven’t invested in new thin-film technologies.”
Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
“Thin film solar technologies offer opportunities to deliver the lower cost per watt. This is due to lower material costs, and the ability to scale and automate manufacturing processes. I believe that these are among the reasons that analysts anticipate greater compounded growth rates for thin films than other solar technologies.”
XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %
ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15
Average Performance 3/24/08 to 3/28/08 +15.53
Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8
Investorideas.com and RenewableEnergyStocks.com recently hosted an online investor conference, March 20, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar (NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the recent online Greentech Investorideas.com Conference, in addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter Lynch .
J Peter Lynch’s online media presentation for March Online Conference: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar showcase company and compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Foreign Investment in Thin Film Solar Stock Attributed to Momentum
POINT ROBERTS, WA and DELTA, BC –March 31, 2008, www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks following last weeks surge.
Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at Jesup & Lamont Securities attributed some of the momentum to thin film solar company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an additional 2,341,897 shares with gross proceeds to the company of approximately $28.4 million. He reports in an audio commentary, “With a weak dollar, foreign companies may be looking at some of these smaller solar stocks as extremely cheap investments in terms of future performance.”
Hear the full Audio commentary recorded March 28, 2008: Play:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3
Other factors in the solar stocks spike include earnings from Solarfun beating estimates and the announcement of the Southern California Edison (News, Market) 250 megawatt installation.
Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin,” In my opinion, one of the primary reasons for this solar rally is really quite simple – NO MORE SELLERS were left to drive solar stock down any further. In his recent column he goes on to say, “Last week, seemingly out of nowhere, solar stocks literally exploded (up over 15% for the week) catching almost everyone by total surprise. The general market has recently been in turmoil over the housing crisis, the credit crunch and the looming fear of an impending recession; not exactly a general market environment conducive for rallies in any sector. But in spite of this bleak backdrop the solar sector roared ahead regardless.”
In terms of future success in the solar sector he reports he looks for companies that are “ vertically integrated in the traditional silicon segment, have cost effective thin film products or are in higher margin areas such as building integrated photovoltaics (BIPV). “
Lux Research forecasts a shakeout in the solar industry, “We project that the supply of solar modules will exceed demand in 2009, leading to falling prices and a shake-out among companies that aren’t prepared to thrive in this new environment – particularly crystalline silicon players that haven’t invested in new thin-film technologies.”
Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
“Thin film solar technologies offer opportunities to deliver the lower cost per watt. This is due to lower material costs, and the ability to scale and automate manufacturing processes. I believe that these are among the reasons that analysts anticipate greater compounded growth rates for thin films than other solar technologies.”
XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc. (OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile: http://www.investorideas.com/CO/XSNX/Default.asp
Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp
Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %
ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15
Average Performance 3/24/08 to 3/28/08 +15.53
Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8
Investorideas.com and RenewableEnergyStocks.com recently hosted an online investor conference, March 20, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar (NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the recent online Greentech Investorideas.com Conference, in addition to Brian C. Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter Lynch .
J Peter Lynch’s online media presentation for March Online Conference: http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc: http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of renewable and solar stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar showcase company and compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX
Friday, March 28, 2008
Renewable Energy Stocks Audio Interview; Ezra Green, CEO & Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH) Discusses Business Model
Renewable Energy Stocks Audio Interview; Ezra Green, CEO & Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH) Discusses Business Model and Development of New Solar Technologies
“We are very similar to SunEdison, with the structure of doing installations internally”
POINT ROBERTS, WA and DELTA, BC - March 27, 2008 - http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up audio interview on solar stocks featuring Ezra Green, CEO and Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH).
When asked what larger company Clear Skies Solar, Inc. (OTCBB: CSKH) could be comparable to, strictly from a business model, Mr. Green responded, “We are very similar to the SunEdisons, (http://www.sunedison.com/ ) with the structure of doing installations internally. We have all the talent in-house, with the exception of contract labor. We are project managers and we have the experience to install and completely manage large scale projects.”
Clear Skies Solar, Inc. (OTCBB: CSKH) is also developing technology, to stay ahead of their competition. Mr. Green goes on to discuss the company’s X-Trax™ Solar monitoring system that was developed in- house and the development of new technologies moving forward. “If we need a specific tool for the industry to give us an edge over the competition, we need to develop it in- house so we can be more expeditious in our installations, be more competitive in our pricing, and of course add to the speed of the installations while maintaining high quality. We are always developing new products and filing patents to make sure we are leading and cutting edge in the industry. “
Following up on the X-Trax™ news, the company recently announced a new proprietary TetraPort Solar Energy Carport System, the third solar technology solution developed exclusively by Clear Skies Solar.
In terms of new markets, Mr. Green went on to say the company is exploring Asian Markets, as well as Australia and South Africa.
To hear the full Audio/Podcast click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/030408a.mp3
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.clearskiesgroup.com/.
Clear Skies Solar, Inc. (OTC BB: CSKH.OB) presented in the Investorideas.com online Greentech investor conference, March 20, 2008. To play presentation: /Forums/Media/Green2/cskh/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Clear Skies Holdings, Inc
“We are very similar to SunEdison, with the structure of doing installations internally”
POINT ROBERTS, WA and DELTA, BC - March 27, 2008 - http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up audio interview on solar stocks featuring Ezra Green, CEO and Chairman of Clear Skies Solar, Inc. (OTCBB: CSKH).
When asked what larger company Clear Skies Solar, Inc. (OTCBB: CSKH) could be comparable to, strictly from a business model, Mr. Green responded, “We are very similar to the SunEdisons, (http://www.sunedison.com/ ) with the structure of doing installations internally. We have all the talent in-house, with the exception of contract labor. We are project managers and we have the experience to install and completely manage large scale projects.”
Clear Skies Solar, Inc. (OTCBB: CSKH) is also developing technology, to stay ahead of their competition. Mr. Green goes on to discuss the company’s X-Trax™ Solar monitoring system that was developed in- house and the development of new technologies moving forward. “If we need a specific tool for the industry to give us an edge over the competition, we need to develop it in- house so we can be more expeditious in our installations, be more competitive in our pricing, and of course add to the speed of the installations while maintaining high quality. We are always developing new products and filing patents to make sure we are leading and cutting edge in the industry. “
Following up on the X-Trax™ news, the company recently announced a new proprietary TetraPort Solar Energy Carport System, the third solar technology solution developed exclusively by Clear Skies Solar.
In terms of new markets, Mr. Green went on to say the company is exploring Asian Markets, as well as Australia and South Africa.
To hear the full Audio/Podcast click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/030408a.mp3
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at http://www.clearskiesgroup.com/.
Clear Skies Solar, Inc. (OTC BB: CSKH.OB) presented in the Investorideas.com online Greentech investor conference, March 20, 2008. To play presentation: /Forums/Media/Green2/cskh/default.aspx
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
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. Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Clear Skies Holdings, Inc
Thursday, March 27, 2008
Credit Suisse to Make Strategic Investment in Renewable Energy Sector Through Hudson Clean Energy Partners
Credit Suisse to Make Strategic Investment in Renewable Energy Sector Through Hudson Clean Energy Partners
John Cavalier, Top Alternative Energy Banker, to Join Hudson from Credit Suisse
NEW YORK--March 27 2008 --Hudson Clean Energy Partners and Credit Suisse announced today that they have reached an agreement in principle whereby Credit Suisse, together with its clients and affiliates, will commit at least USD 300 million to make principal investments in the renewable energy sector through Hudson. As part of this, John Cavalier, Head of Credit Suisse’s Renewable Energy investment banking practice, will join Hudson as a Partner. In his new capacity, Mr. Cavalier will join Neil Auerbach, Hudson’s founder, as Co-Managing Partner of the investment platform. Mr. Cavalier was formerly Chairman of the Energy Group and Vice Chairman of Investment Banking Department Americas within Credit Suisse’s Investment Banking division. Under the leadership of Mr. Cavalier, Credit Suisse’s Alternative Renewable Energy investment banking practice has become Wall Street’s leading clean energy franchise.
Prior to founding Hudson, Mr. Auerbach was a Partner at Goldman Sachs, where he created and led Goldman’s U.S. Alternative Energy investment business and managed over USD 3 billion in assets for the firm. Auerbach launched Hudson with Daniel Gross and Joseph Slamm, former Goldman colleagues from the U.S. Alternative Energy investment business who are also Partners at Hudson.
Mr. Cavalier said, “Credit Suisse has been looking to invest its own capital in renewable energy for a long time, and the firm has been supportive of my desire to transition from investment banking to principal investing in the sector. We were highly selective in searching for the right team. Hudson’s principals have an unparalleled track record of successfully backing the leading companies in the industry. I am highly confident that Hudson will become the premier private equity firm in the clean energy sector for years to come.”
Mr. Auerbach said, “We are thrilled to receive such a resounding endorsement through this investment from the leading investment bank in the industry, and I am delighted that John Cavalier has decided to join me in managing the firm. As the leading banker in the renewable energy industry, John brings a wealth of experience and relationships to Hudson that will accelerate our ability to identify and create the best investment opportunities and deliver outstanding investment returns to our limited partners. Our strategic relationship with Credit Suisse promises to be hugely accretive to Hudson. We have already begun to see their impressive pipeline of deal flow.”
Brian Finn, Chairman of Alternative Investments at Credit Suisse, said, “We are excited about making this strategic investment in Hudson and believe there is a real untapped opportunity in this attractive asset class. The Hudson team brings deep industry experience and an extraordinary investment track record. Offering Hudson Credit Suisse’s expertise in developed and emerging markets, alternative investments, and renewable energy investment banking, as well as deal flow, adds a significant dimension.”
This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.
About Hudson Clean Energy Partners
Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com.
About Credit Suisse
Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Asset Management
In its Asset Management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as private equity, real estate, hedge funds, and volatility management. Credit Suisse’s Asset Management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 23 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
The Asset Management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.
Credit Suisse Alternative Investments (“CSAI”) is a leading global alternative asset manager involved in private equity, hedge funds and related activities. The CSAI businesses include Funds and Alternative Solutions, Leveraged Investments, Quantitative Strategies, and Volaris as well as a diverse family of private equity funds, including leveraged buyout funds, mezzanine funds, core and opportunity real estate funds, secondary funds and private equity fund of fund businesses. With over $155 billion in managed assets and exceptional investment performance, Credit Suisse is one of the world's largest and most successful managers of alternatives. CS AI is also the world's leading placement agent in alternative assets, raising capital for third-party managers through its Private Fund Group and Real Estate Private Fund Group. The CS AI businesses have more than a 20-year history of strong investment performance, with leading market share positions.
Contact:HudsonNeil Auerbach, +1-201-287-4100neil.auerbach@hudsoncep.comorCredit SuisseSuzanne Fleming, +1-212-325-7396suzanne.fleming@credit-suisse.com
Source: Credit Suisse
John Cavalier, Top Alternative Energy Banker, to Join Hudson from Credit Suisse
NEW YORK--March 27 2008 --Hudson Clean Energy Partners and Credit Suisse announced today that they have reached an agreement in principle whereby Credit Suisse, together with its clients and affiliates, will commit at least USD 300 million to make principal investments in the renewable energy sector through Hudson. As part of this, John Cavalier, Head of Credit Suisse’s Renewable Energy investment banking practice, will join Hudson as a Partner. In his new capacity, Mr. Cavalier will join Neil Auerbach, Hudson’s founder, as Co-Managing Partner of the investment platform. Mr. Cavalier was formerly Chairman of the Energy Group and Vice Chairman of Investment Banking Department Americas within Credit Suisse’s Investment Banking division. Under the leadership of Mr. Cavalier, Credit Suisse’s Alternative Renewable Energy investment banking practice has become Wall Street’s leading clean energy franchise.
Prior to founding Hudson, Mr. Auerbach was a Partner at Goldman Sachs, where he created and led Goldman’s U.S. Alternative Energy investment business and managed over USD 3 billion in assets for the firm. Auerbach launched Hudson with Daniel Gross and Joseph Slamm, former Goldman colleagues from the U.S. Alternative Energy investment business who are also Partners at Hudson.
Mr. Cavalier said, “Credit Suisse has been looking to invest its own capital in renewable energy for a long time, and the firm has been supportive of my desire to transition from investment banking to principal investing in the sector. We were highly selective in searching for the right team. Hudson’s principals have an unparalleled track record of successfully backing the leading companies in the industry. I am highly confident that Hudson will become the premier private equity firm in the clean energy sector for years to come.”
Mr. Auerbach said, “We are thrilled to receive such a resounding endorsement through this investment from the leading investment bank in the industry, and I am delighted that John Cavalier has decided to join me in managing the firm. As the leading banker in the renewable energy industry, John brings a wealth of experience and relationships to Hudson that will accelerate our ability to identify and create the best investment opportunities and deliver outstanding investment returns to our limited partners. Our strategic relationship with Credit Suisse promises to be hugely accretive to Hudson. We have already begun to see their impressive pipeline of deal flow.”
Brian Finn, Chairman of Alternative Investments at Credit Suisse, said, “We are excited about making this strategic investment in Hudson and believe there is a real untapped opportunity in this attractive asset class. The Hudson team brings deep industry experience and an extraordinary investment track record. Offering Hudson Credit Suisse’s expertise in developed and emerging markets, alternative investments, and renewable energy investment banking, as well as deal flow, adds a significant dimension.”
This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.
About Hudson Clean Energy Partners
Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com.
About Credit Suisse
Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 48,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Asset Management
In its Asset Management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as private equity, real estate, hedge funds, and volatility management. Credit Suisse’s Asset Management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 23 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.
The Asset Management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.
Credit Suisse Alternative Investments (“CSAI”) is a leading global alternative asset manager involved in private equity, hedge funds and related activities. The CSAI businesses include Funds and Alternative Solutions, Leveraged Investments, Quantitative Strategies, and Volaris as well as a diverse family of private equity funds, including leveraged buyout funds, mezzanine funds, core and opportunity real estate funds, secondary funds and private equity fund of fund businesses. With over $155 billion in managed assets and exceptional investment performance, Credit Suisse is one of the world's largest and most successful managers of alternatives. CS AI is also the world's leading placement agent in alternative assets, raising capital for third-party managers through its Private Fund Group and Real Estate Private Fund Group. The CS AI businesses have more than a 20-year history of strong investment performance, with leading market share positions.
Contact:HudsonNeil Auerbach, +1-201-287-4100neil.auerbach@hudsoncep.comorCredit SuisseSuzanne Fleming, +1-212-325-7396suzanne.fleming@credit-suisse.com
Source: Credit Suisse
The Cleantech Index (CTIUS) Adds IT and Energy Efficiency Leaders to PortfolioTelvent (TLVT) and Power Integrations (POWI) Join Cleantech Index
The Cleantech Index (CTIUS) Adds IT and Energy Efficiency Leaders to PortfolioTelvent (TLVT) and Power Integrations (POWI) Join Cleantech Index
NEW YORK, March 27 2008 -- Cleantech Indices, LLC, in conjunction with the American Stock Exchange (AMEX), today announced the quarterly rebalancing of The Cleantech Index (Amex: CTIUS - News), effective March 29, 2008. Spain's Telvent GIT S.A. (Nasdaq: TLVT - News) and California-based Power Integrations (Nasdaq: POWI) will join The Cleantech Index and replace International Rectifier (NYSE: IRF - News), Power-One (Nasdaq: PWER ) and EnerNOC, Inc. (Nasdaq: ENOC ).
The changes will also be reflected in the exchange-traded funds (ETFs) based upon CTIUS: the PowerShares Cleantech Portfolio ETF (Amex: PZD ) and the KSM Cleantech ETF (Bloomberg ticker: KSMCLNT) in Israel.
"We selected Telvent and Power Integrations for their strong growth potential, technology, impact, sector representation and leadership," said managing partner and index advisor, Rafael Coven of Cleantech Indices. "Both companies excel at applying innovative cleantech solutions to a broad array of applications that millions of people use everyday: from appliances, lighting and telecom networks to public transport and highways systems."
Telvent, a global information technology company, provides real-time services and products to customers in energy and energy transmission and for intelligent transportation systems for roadways and public transport networks. Telvent also provides IT solutions for water and wastewater management, and continuous monitoring of emissions, air & water quality and weather conditions.
Power Integrations Inc. is a leading developer and manufacturer of proprietary high-voltage analog integrated circuits (ICs) used in power conversion. Utilizing its Eco-Smart® technology, the company's ICs have enabled compact, lightweight power supplies that are more energy-efficient and reliable for a broad range of consumer and industrial products.
About The Cleantech Index(TM) (CTIUS)
The Cleantech Index is the first, and only, equity index intended to reflect the surging global demand for clean technology products and services. CTIUS is comprised of 46 public companies that are leaders in cleantech innovation and commercial deployment across a broad range of industry sectors: from energy efficiency and renewables to advanced materials, air & water purification, eco-friendly agriculture/nutrition, etc.
By tracking the market performance of the premier cleantech companies, CTIUS is the industry standard index used for a growing range of financial products. Investors now have an easy, cost-effective, and liquid means to invest in the broad cleantech investment category -- and do so with less risk than previously possible.
For more information visit: http://www.cleantechindex.com.
About Cleantech Group(TM), LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group family of companies founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers and entrepreneurs to facilitate the growth of cleantech globally.
Source: Cleantech Group, LLC
NEW YORK, March 27 2008 -- Cleantech Indices, LLC, in conjunction with the American Stock Exchange (AMEX), today announced the quarterly rebalancing of The Cleantech Index (Amex: CTIUS - News), effective March 29, 2008. Spain's Telvent GIT S.A. (Nasdaq: TLVT - News) and California-based Power Integrations (Nasdaq: POWI) will join The Cleantech Index and replace International Rectifier (NYSE: IRF - News), Power-One (Nasdaq: PWER ) and EnerNOC, Inc. (Nasdaq: ENOC ).
The changes will also be reflected in the exchange-traded funds (ETFs) based upon CTIUS: the PowerShares Cleantech Portfolio ETF (Amex: PZD ) and the KSM Cleantech ETF (Bloomberg ticker: KSMCLNT) in Israel.
"We selected Telvent and Power Integrations for their strong growth potential, technology, impact, sector representation and leadership," said managing partner and index advisor, Rafael Coven of Cleantech Indices. "Both companies excel at applying innovative cleantech solutions to a broad array of applications that millions of people use everyday: from appliances, lighting and telecom networks to public transport and highways systems."
Telvent, a global information technology company, provides real-time services and products to customers in energy and energy transmission and for intelligent transportation systems for roadways and public transport networks. Telvent also provides IT solutions for water and wastewater management, and continuous monitoring of emissions, air & water quality and weather conditions.
Power Integrations Inc. is a leading developer and manufacturer of proprietary high-voltage analog integrated circuits (ICs) used in power conversion. Utilizing its Eco-Smart® technology, the company's ICs have enabled compact, lightweight power supplies that are more energy-efficient and reliable for a broad range of consumer and industrial products.
About The Cleantech Index(TM) (CTIUS)
The Cleantech Index is the first, and only, equity index intended to reflect the surging global demand for clean technology products and services. CTIUS is comprised of 46 public companies that are leaders in cleantech innovation and commercial deployment across a broad range of industry sectors: from energy efficiency and renewables to advanced materials, air & water purification, eco-friendly agriculture/nutrition, etc.
By tracking the market performance of the premier cleantech companies, CTIUS is the industry standard index used for a growing range of financial products. Investors now have an easy, cost-effective, and liquid means to invest in the broad cleantech investment category -- and do so with less risk than previously possible.
For more information visit: http://www.cleantechindex.com.
About Cleantech Group(TM), LLC
The Cleantech Group, LLC provides insight, opportunities and builds relationships that catalyze and accelerate market adoption and commercialization of clean technologies globally. The Cleantech Group family of companies founded the cleantech investment category and through its membership services brings together investors, executives, thought leaders, policy makers and entrepreneurs to facilitate the growth of cleantech globally.
Source: Cleantech Group, LLC
Monday, March 24, 2008
Hi-Lites of Greentech online conference - Hear Presentations Online
"Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," is now archived and accessible
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
Not registered? Click here : http://www.investorideas.com/forums/Register.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
Here are a few links for review of just a few of the presentations - to hear all the industry speakers - register free and access at your convenience
http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
http://www.investorideas.com/Forums/Media/Green2/zaap/default.aspx
http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
http://www.investorideas.com/Forums/Media/Green2/mnichols/default.aspx
http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
Public companies include Medis Technologies Ltd. (NASDAQ:MDTL), Telkonet, Inc. (Telkonet SmartEnergy), solar stocks: Akeena Solar, Inc. (AKNS) Clear Skies Solar, Inc., (OTCBB: CSKH) XsunX, Inc (OTCBB: XSNX) and electric car manufacturer, ZAP.
For a list of speakers, presenters, conference info and where to register and login: http://www.investorideas.com/Forums/Portals/Green2.aspx
Not registered? Click here : http://www.investorideas.com/forums/Register.aspx
How our conferences work: http://www.investorideas.com/Forums/investorconferences.aspx
Here are a few links for review of just a few of the presentations - to hear all the industry speakers - register free and access at your convenience
http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
http://www.investorideas.com/Forums/Media/Green2/zaap/default.aspx
http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx
http://www.investorideas.com/Forums/Media/Green2/mnichols/default.aspx
http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
New ZAP (OTCBB: ZAAP) Electric Truck Offers More Payload Capacity
New ZAP (OTCBB: ZAAP) Electric Truck Offers More Payload Capacity
SANTA ROSA, Calif., March 24, 2008 - With gasoline prices predicted to reach new records in 2008 and government and corporate fleets scrambling to reduce costs, electric car pioneer ZAP (OTCBB: ZAAP) is introducing a new electric truck for fleets with a greater payload rating.
A prototype of the ZAP XL Truck has been completed and production models are expected for delivery to customers by the fall of this year. In the United States, the XL Truck will meet full Department of Transportation requirements for Low Speed Vehicles with a top speed of 25 MPH. As part of ZAP's global distribution strategy, the ZAP Truck XL will be designed to meet or exceed government certifications that would allow for distribution throughout most of the world.
ZAP has delivered hundreds of its city-speed vehicle called the Xebra for fleet applications, but fleet managers are also searching for larger electric vehicles that can handle heavier payloads. Both the Xebra and the XL Truck have a two-passenger capacity, but while the payload rating for the Xebra is 500 pounds, the payload for the XL Truck is rated at 770 pounds. The cargo bed of the XL Truck is also larger at 58" long X 53" wide and 11.5" deep.
California-based ZAP has executed an electric vehicle development and worldwide exclusive distribution agreement with a vehicle manufacturer in China. The two companies began development of the XL Truck last year and have finalized an agreement to enter production. ZAP is now accepting reservations for the XL Truck at its website http://www.zapworld.com.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal. For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact: ZAP Alex Campbell 707-525-8658 ext. 241 acampbell@zapworld.com
Source: ZAP
SANTA ROSA, Calif., March 24, 2008 - With gasoline prices predicted to reach new records in 2008 and government and corporate fleets scrambling to reduce costs, electric car pioneer ZAP (OTCBB: ZAAP) is introducing a new electric truck for fleets with a greater payload rating.
A prototype of the ZAP XL Truck has been completed and production models are expected for delivery to customers by the fall of this year. In the United States, the XL Truck will meet full Department of Transportation requirements for Low Speed Vehicles with a top speed of 25 MPH. As part of ZAP's global distribution strategy, the ZAP Truck XL will be designed to meet or exceed government certifications that would allow for distribution throughout most of the world.
ZAP has delivered hundreds of its city-speed vehicle called the Xebra for fleet applications, but fleet managers are also searching for larger electric vehicles that can handle heavier payloads. Both the Xebra and the XL Truck have a two-passenger capacity, but while the payload rating for the Xebra is 500 pounds, the payload for the XL Truck is rated at 770 pounds. The cargo bed of the XL Truck is also larger at 58" long X 53" wide and 11.5" deep.
California-based ZAP has executed an electric vehicle development and worldwide exclusive distribution agreement with a vehicle manufacturer in China. The two companies began development of the XL Truck last year and have finalized an agreement to enter production. ZAP is now accepting reservations for the XL Truck at its website http://www.zapworld.com.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal. For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact: ZAP Alex Campbell 707-525-8658 ext. 241 acampbell@zapworld.com
Source: ZAP
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