President Obama Announces National Fuel Efficiency Policy
THE WHITE HOUSE
Office of the Press Secretary______________________________________________________FOR IMMEDIATE RELEASE May 19, 2009
WASHINGTON, DC – President Obama today – for the first time in history – set in motion a new national policy aimed at both increasing fuel economy and reducing greenhouse gas pollution for all new cars and trucks sold in the United States. The new standards, covering model years 2012-2016, and ultimately requiring an average fuel economy standard of 35.5 mpg in 2016, are projected to save 1.8 billion barrels of oil over the life of the program with a fuel economy gain averaging more than 5 percent per year and a reduction of approximately 900 million metric tons in greenhouse gas emissions. This would surpass the CAFE law passed by Congress in 2007 required an average fuel economy of 35 mpg in 2020.
"In the past, an agreement such as this would have been considered impossible," said President Obama. "That is why this announcement is so important, for it represents not only a change in policy in Washington, but the harbinger of a change in the way business is done in Washington. As a result of this agreement, we will save 1.8 billion barrels of oil over the lifetime of the vehicles sold in the next five years. And at a time of historic crisis in our auto industry, this rule provides the clear certainty that will allow these companies to plan for a future in which they are building the cars of the 21st century."
This groundbreaking policy delivers on the President’s commitment to enact more stringent fuel economy standards and represents an unprecedented collaboration between the Department of Transportation (DOT), the Environmental Protection Agency (EPA), the world’s largest auto manufacturers, the United Auto Workers, leaders in the environmental community, the State of California, and other state governments.
"The President brought all stakeholders to the table and came up with a plan to help the auto industry, safeguard consumers, and protect human health and the environment for all Americans," said EPA Administrator Lisa P. Jackson. "A supposedly 'unsolvable' problem was solved by unprecedented partnerships. As a result, we will keep Americans healthier, cut tons of pollution from the air we breathe, and make a lasting down payment on cutting our greenhouse gas emissions."
"A clear and uniform national policy is not only good news for consumers who will save money at the pump, but this policy is also good news for the auto industry which will no longer be subject to a costly patchwork of differing rules and regulations," said Carol M. Browner, Assistant to the President for Energy and Climate Change. "This an incredible step forward for our country and another way for Americans to become more energy independent and reduce air pollution.",
A national policy on fuel economy standards and greenhouse gas emissions is welcomed by the auto manufacturers because it provides regulatory certainty and predictability and includes flexibilities that will significantly reduce the cost of compliance. The collaboration of federal agencies also allows for clearer rules for all automakers, instead of three standards (DOT, EPA and a state standard).
"President Obama is uniting federal and state governments, the auto industry, labor unions and the environmental community behind a program that will provide for the biggest leap in history to make automobiles more fuel efficient," said Department of Transportation Secretary Ray LaHood. "This program lessens our dependence on oil and is good for America and the planet."News & Stories Published at Clean Energy Stocks Blog
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Tuesday, May 19, 2009
Monday, May 18, 2009
Cleantech stocks
Investor Ideas members following the cleantech sector can now access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
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President Obama Says Progress on Clean Energy and Healthcare Reform Will Lay New Foundation
WEEKLY ADDRESS: President Obama Says Progress on Clean Energy and Healthcare Reform Will Lay New Foundation
WASHINGTON – This week, President Barack Obama praised individuals representing different perspectives for coming together to address the challenges of building a clean energy economy, reforming the healthcare system and laying a new foundation for the long-term strength of our economy. Utility companies and corporate leaders are working with environmental advocates and labor leaders to find a way to reduce dependence on foreign oil, to fight climate change, and to create millions of new jobs in America. Recently, past critics and advocates of healthcare reform sat down with the President to work on reducing the healthcare costs by $2 trillion in the next decade and saving families $2,500 in the coming years.
The full audio of the address is HERE. The video can be viewed online at www.whitehouse.gov.
Remarks of President Barack ObamaWeekly AddressSaturday, May 16, 2009
Good morning. Over the past few months, as we have put in place a plan to speed our economic recovery, I have spoken repeatedly of the need to lay a new foundation for lasting prosperity; a foundation that will support good jobs and rising incomes; a foundation for economic growth where we no longer rely on excessive debt and reckless risk – but instead on skilled workers and sound investments to lead the world in the industries of the 21st century.
Two pillars of this new foundation are clean energy and health care. And while there remains a great deal of difficult work ahead, I am heartened by what we have seen these past few days: a willingness of those with different points of view and disparate interests to come together around common goals – to embrace a shared sense of responsibility and make historic progress.
Chairman Henry Waxman and members of the Energy and Commerce Committee brought together stakeholders from all corners of the country – and every sector of our economy – to reach an historic agreement on comprehensive energy legislation. It’s another promising sign of progress, as longtime opponents are sitting together, at the same table, to help solve one of America’s most serious challenges.
For the first time, utility companies and corporate leaders are joining, not opposing, environmental advocates and labor leaders to create a new system of clean energy initiatives that will help unleash a new era of growth and prosperity.
It’s a plan that will finally reduce our dangerous dependence on foreign oil and cap the carbon pollution that threatens our health and our climate. Most important, it’s a plan that will trigger the creation of millions of new jobs for Americans, who will produce the wind turbines and solar panels and develop the alternative fuels to power the future. Because this we know: the nation that leads in 21st century clean energy is the nation that will lead the 21st century global economy. America can and must be that nation – and this agreement is a major step toward this goal.
But we know that our families, our economy, and our nation itself will not succeed in the 21st century if we continue to be held down by the weight of rapidly rising health care costs and a broken health care system. That’s why I met with representatives of insurance and drug companies, doctors and hospitals, and labor unions who are pledging to do their part to reduce health care costs. These are some of the groups who have been among the fiercest critics of past comprehensive health care reform plans. But today they too are recognizing that we must act. Our businesses will not be able to compete; our families will not be able to save or spend; our budgets will remain unsustainable unless we get health care costs under control.
These groups have pledged to do their part to reduce the annual health care spending growth rate by 1.5 percentage points. Coupled with comprehensive reform, their efforts could help to save our nation more than $2 trillion in the next ten years – and save hardworking families $2,500 each in the coming years.
This week, I also invited Speaker of House Nancy Pelosi, Majority Leader Steny Hoyer, and other congressional leaders to the White House to discuss comprehensive health reform legislation. The House is working to pass a bill by the end of July – before they head out for their August recess. That’s the kind of urgency and determination we need to achieve comprehensive reform by the end of this year. And the reductions in spending the health care community has pledged will help make this reform possible.
I have always believed that it is better to talk than not to talk; that it is far more productive to reach over a divide than to shake your fist across it. This has been an alien notion in Washington for far too long, but we are seeing that the ways of Washington are beginning to change. For the calling of this moment is too loud and too urgent to ignore. Our success as a nation – the future of our children and grandchildren – depends upon our willingness to cast aside old arguments, overcome stubborn divisions, and march forward as one people and one nation.
This is how progress has always been made. This is how a new foundation will be built. We cannot assume that interests will always align, or that fragile partnerships will not fray. There will be setbacks. There will be difficult days. But we are off to a good start. And I am confident that we will – in the weeks, months, and years ahead – build on what we have already achieved and lay this foundation which will not only bring about prosperity for this generation, but for generations to come.
Thanks so much.
News & Stories Published at Clean Energy Stocks Blog
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WASHINGTON – This week, President Barack Obama praised individuals representing different perspectives for coming together to address the challenges of building a clean energy economy, reforming the healthcare system and laying a new foundation for the long-term strength of our economy. Utility companies and corporate leaders are working with environmental advocates and labor leaders to find a way to reduce dependence on foreign oil, to fight climate change, and to create millions of new jobs in America. Recently, past critics and advocates of healthcare reform sat down with the President to work on reducing the healthcare costs by $2 trillion in the next decade and saving families $2,500 in the coming years.
The full audio of the address is HERE. The video can be viewed online at www.whitehouse.gov.
Remarks of President Barack ObamaWeekly AddressSaturday, May 16, 2009
Good morning. Over the past few months, as we have put in place a plan to speed our economic recovery, I have spoken repeatedly of the need to lay a new foundation for lasting prosperity; a foundation that will support good jobs and rising incomes; a foundation for economic growth where we no longer rely on excessive debt and reckless risk – but instead on skilled workers and sound investments to lead the world in the industries of the 21st century.
Two pillars of this new foundation are clean energy and health care. And while there remains a great deal of difficult work ahead, I am heartened by what we have seen these past few days: a willingness of those with different points of view and disparate interests to come together around common goals – to embrace a shared sense of responsibility and make historic progress.
Chairman Henry Waxman and members of the Energy and Commerce Committee brought together stakeholders from all corners of the country – and every sector of our economy – to reach an historic agreement on comprehensive energy legislation. It’s another promising sign of progress, as longtime opponents are sitting together, at the same table, to help solve one of America’s most serious challenges.
For the first time, utility companies and corporate leaders are joining, not opposing, environmental advocates and labor leaders to create a new system of clean energy initiatives that will help unleash a new era of growth and prosperity.
It’s a plan that will finally reduce our dangerous dependence on foreign oil and cap the carbon pollution that threatens our health and our climate. Most important, it’s a plan that will trigger the creation of millions of new jobs for Americans, who will produce the wind turbines and solar panels and develop the alternative fuels to power the future. Because this we know: the nation that leads in 21st century clean energy is the nation that will lead the 21st century global economy. America can and must be that nation – and this agreement is a major step toward this goal.
But we know that our families, our economy, and our nation itself will not succeed in the 21st century if we continue to be held down by the weight of rapidly rising health care costs and a broken health care system. That’s why I met with representatives of insurance and drug companies, doctors and hospitals, and labor unions who are pledging to do their part to reduce health care costs. These are some of the groups who have been among the fiercest critics of past comprehensive health care reform plans. But today they too are recognizing that we must act. Our businesses will not be able to compete; our families will not be able to save or spend; our budgets will remain unsustainable unless we get health care costs under control.
These groups have pledged to do their part to reduce the annual health care spending growth rate by 1.5 percentage points. Coupled with comprehensive reform, their efforts could help to save our nation more than $2 trillion in the next ten years – and save hardworking families $2,500 each in the coming years.
This week, I also invited Speaker of House Nancy Pelosi, Majority Leader Steny Hoyer, and other congressional leaders to the White House to discuss comprehensive health reform legislation. The House is working to pass a bill by the end of July – before they head out for their August recess. That’s the kind of urgency and determination we need to achieve comprehensive reform by the end of this year. And the reductions in spending the health care community has pledged will help make this reform possible.
I have always believed that it is better to talk than not to talk; that it is far more productive to reach over a divide than to shake your fist across it. This has been an alien notion in Washington for far too long, but we are seeing that the ways of Washington are beginning to change. For the calling of this moment is too loud and too urgent to ignore. Our success as a nation – the future of our children and grandchildren – depends upon our willingness to cast aside old arguments, overcome stubborn divisions, and march forward as one people and one nation.
This is how progress has always been made. This is how a new foundation will be built. We cannot assume that interests will always align, or that fragile partnerships will not fray. There will be setbacks. There will be difficult days. But we are off to a good start. And I am confident that we will – in the weeks, months, and years ahead – build on what we have already achieved and lay this foundation which will not only bring about prosperity for this generation, but for generations to come.
Thanks so much.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Recent Additions of Patented Water/Nanotech Technology Company, Wind Solar Company, and Smart Grid Company Seeking Accredited Investors
Recent Additions of Patented Water/Nanotech Technology Company, Wind Solar Company, and Smart Grid Company Seeking Accredited Investors
Marketplace Update; Matching Accredited Investors and Business in Solar, Wind, Water, Technology
POINT ROBERTS, Wash., Delta B.C., May 18, 2009 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Marketplace, a meeting place for accredited investors and companies seeking funding or partners. The marketplace consists of a public page with brief summaries and ads and links to a registration page to access a private directory for accredited investors only. Recent additions to the private directory include a smart grid company based in Australia, a solar /wind company seeking project funding and a patented nanotech/water company.
Current listing also include technology based water companies seeking funding, solar and wind companies seeking funding, organics, Biofuel, Defense and digital media technology seeking accredited investors.
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register to view the private access link or to have your company added:
http://www.investorideas.com/marketplace/signup.asp
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
Visit the Public Marketplace: http://www.investorideas.com/marketplace/
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
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 and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
Join our Group on Linked in
Business, Investing and Funding Success Stories
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 sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire
Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member -Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
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Marketplace Update; Matching Accredited Investors and Business in Solar, Wind, Water, Technology
POINT ROBERTS, Wash., Delta B.C., May 18, 2009 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Marketplace, a meeting place for accredited investors and companies seeking funding or partners. The marketplace consists of a public page with brief summaries and ads and links to a registration page to access a private directory for accredited investors only. Recent additions to the private directory include a smart grid company based in Australia, a solar /wind company seeking project funding and a patented nanotech/water company.
Current listing also include technology based water companies seeking funding, solar and wind companies seeking funding, organics, Biofuel, Defense and digital media technology seeking accredited investors.
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register to view the private access link or to have your company added:
http://www.investorideas.com/marketplace/signup.asp
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
Visit the Public Marketplace: http://www.investorideas.com/marketplace/
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
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 and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
Join our Group on Linked in
Business, Investing and Funding Success Stories
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 sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire
Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member -Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
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Friday, May 15, 2009
Wind Industry Leaders Warn Congress That a Weak RES Could Cede Jobs to Asia, Europe
Wind Industry Leaders Warn Congress That a Weak RES Could Cede Jobs to Asia, Europe
WASHINGTON--May 15 2009 --A group of representatives from major wind industry companies today released a letter to key members of Congress urging them to strengthen the renewable electricity standard (RES) contained in the draft bill unveiled this week by House Energy and Commerce Committee chairman Henry Waxman.
“We are concerned that the significantly lower renewable targets currently being discussed, as compared to proposals from President Obama, Chairman Bingaman and Chairman Markey, will severely blunt the signal for companies like ours that manufacture turbines and components to invest billions of dollars to expand production and our workforces in the U.S.,” the letter said.
It was signed by representatives of GE Energy, Vestas Americas, Gamesa, NRG Systems, REPower USA, Broadwind Energy, TPI Composites, PPG Industries, Clipper Windpower and AWEA.
“A national RES is one of the strongest policies to promote more renewable energy because the combination of long-term demand and an immediate market triggers investment in manufacturing facilities. An RES provides specific near-, mid-, and long-market demand that other policies do not offer,” the letter said.
The Waxman bill, co-introduced by Rep. Edward Markey, chairman of the Energy and Environment Subcommittee, includes a renewable electricity standard that is less than one-half the level proposed by President Obama and Chairman Markey’s original proposal. AWEA supports an RES of 25% by 2025.
The letter also warned, “America is on the verge of losing the wind manufacturing industry to Asia and Europe. There is significant international trade in wind turbines and the competition to host this industry is intense. America trails its competition in passing stable renewable energy policy commitments. Thirty-seven other countries have firm commitments.”
AWEA is the national trade association of America’s wind industry, with more than 2,000 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA Web site. Find insight on industry issues at AWEA’s blog Into the Wind. Join AWEA on Facebook.
Follow AWEA on Twitter.
Contacts For AWEAChristine Real de Azua, 202-383-2508orShawna Seldon, 212-255-7541
News & Stories Published at Clean Energy Stocks Blog
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WASHINGTON--May 15 2009 --A group of representatives from major wind industry companies today released a letter to key members of Congress urging them to strengthen the renewable electricity standard (RES) contained in the draft bill unveiled this week by House Energy and Commerce Committee chairman Henry Waxman.
“We are concerned that the significantly lower renewable targets currently being discussed, as compared to proposals from President Obama, Chairman Bingaman and Chairman Markey, will severely blunt the signal for companies like ours that manufacture turbines and components to invest billions of dollars to expand production and our workforces in the U.S.,” the letter said.
It was signed by representatives of GE Energy, Vestas Americas, Gamesa, NRG Systems, REPower USA, Broadwind Energy, TPI Composites, PPG Industries, Clipper Windpower and AWEA.
“A national RES is one of the strongest policies to promote more renewable energy because the combination of long-term demand and an immediate market triggers investment in manufacturing facilities. An RES provides specific near-, mid-, and long-market demand that other policies do not offer,” the letter said.
The Waxman bill, co-introduced by Rep. Edward Markey, chairman of the Energy and Environment Subcommittee, includes a renewable electricity standard that is less than one-half the level proposed by President Obama and Chairman Markey’s original proposal. AWEA supports an RES of 25% by 2025.
The letter also warned, “America is on the verge of losing the wind manufacturing industry to Asia and Europe. There is significant international trade in wind turbines and the competition to host this industry is intense. America trails its competition in passing stable renewable energy policy commitments. Thirty-seven other countries have firm commitments.”
AWEA is the national trade association of America’s wind industry, with more than 2,000 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA Web site. Find insight on industry issues at AWEA’s blog Into the Wind. Join AWEA on Facebook.
Follow AWEA on Twitter.
Contacts For AWEAChristine Real de Azua, 202-383-2508orShawna Seldon, 212-255-7541
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Thursday, May 14, 2009
Camelina Cuts Jet Emissions 84 Percent
Camelina Cuts Jet Emissions 84 Percent
Industry leader welcomes study
(Cincinnati, OH 5/12/09) A life cycle analysis conducted by Michigan Technological University shows thatjet fuel made from camelina could lead to drastic cuts in carbon emissions from traditional fuel. Great Plains Oil & Exploration, the largest camelina company in the world, welcomes the results of the study.
"This confirms what we have learned about camelina and why we established camelina as a biofuel source,"
said Great Plains CEO Sam Huttenbauer, III. "We studied and improved camelina production for a decade
before we launched the crop commercially, knowing that this crop will be a leader in next generation
biofuels."
"The fuel industry could be revolutionized by this amazing plant," added Huttenbauer.
The study, conducted by Michigan Tech professor David Shonnard, also points out that camelina can be
converted into drop-in jet fuel. That means that engines can use 100 percent fuel made from camelina
instead of traditional jet fuel with no performance or maintenance changes. The difference is the effect
camelina has on the environment.
Throughout camelina’s life cycle, the study showed the drop in carbon emissions is about 84 percent when
compared to the emissions throughout the life cycle of traditional jet fuel. Professor Shonnard stated,
"Camelina jet fuel exhibits one of the largest greenhouse gas emission reductions of any agricultural
feedstock-derived biofuel I've ever seen".
Results Will Improve
Great Plains is the world’s largest supplier of camelina seed to farmers and camelina oil to biofuel
producers. The company has exclusive access to the majority of the world’s camelina germplasm. Further,
Great Plains has contracted the vast majority of acres commercially growing camelina in North America.
The company is working to improve camelina yields to prepare for the explosive demand for camelina oil in
the coming years. Through agronomic practices, varieties suited for specific geographic and climate
conditions, traditional breeding, and biotech solutions, Great Plains is leading the charge to bring camelina
into aviation and other biofuel production.
"This will be a record year for camelina," said Huttenbauer. "We are experiencing tremendous growth in
contracted acreage and our intellectual property is driving rapid increases in yield. This study illustrates
what we have known. Camelina is at the forefront of the changing fuel landscape in North America."
About Great Plains Oil & Exploration
Great Plains Oil & Exploration (Great Plains – The Camelina Company) is a renewable fuels company founded
with the purpose of manufacturing and marketing fuel and chemicals produced from camelina. Great Plains is
establishing a grower base and production facilities from which it will produce and supply biofuel as well as highprotein,
omega-3 rich animal feed.. More information can be found at CamelinaCompany.com.
Great Plains Oil & Exploration, LLC - The Camelina CompanyP.O Box 261 – Havre, MT 59501 - USA877-922-6645 toll-free - 513-825-8830 faxwww.CamelinaCompany.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
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Industry leader welcomes study
(Cincinnati, OH 5/12/09) A life cycle analysis conducted by Michigan Technological University shows thatjet fuel made from camelina could lead to drastic cuts in carbon emissions from traditional fuel. Great Plains Oil & Exploration, the largest camelina company in the world, welcomes the results of the study.
"This confirms what we have learned about camelina and why we established camelina as a biofuel source,"
said Great Plains CEO Sam Huttenbauer, III. "We studied and improved camelina production for a decade
before we launched the crop commercially, knowing that this crop will be a leader in next generation
biofuels."
"The fuel industry could be revolutionized by this amazing plant," added Huttenbauer.
The study, conducted by Michigan Tech professor David Shonnard, also points out that camelina can be
converted into drop-in jet fuel. That means that engines can use 100 percent fuel made from camelina
instead of traditional jet fuel with no performance or maintenance changes. The difference is the effect
camelina has on the environment.
Throughout camelina’s life cycle, the study showed the drop in carbon emissions is about 84 percent when
compared to the emissions throughout the life cycle of traditional jet fuel. Professor Shonnard stated,
"Camelina jet fuel exhibits one of the largest greenhouse gas emission reductions of any agricultural
feedstock-derived biofuel I've ever seen".
Results Will Improve
Great Plains is the world’s largest supplier of camelina seed to farmers and camelina oil to biofuel
producers. The company has exclusive access to the majority of the world’s camelina germplasm. Further,
Great Plains has contracted the vast majority of acres commercially growing camelina in North America.
The company is working to improve camelina yields to prepare for the explosive demand for camelina oil in
the coming years. Through agronomic practices, varieties suited for specific geographic and climate
conditions, traditional breeding, and biotech solutions, Great Plains is leading the charge to bring camelina
into aviation and other biofuel production.
"This will be a record year for camelina," said Huttenbauer. "We are experiencing tremendous growth in
contracted acreage and our intellectual property is driving rapid increases in yield. This study illustrates
what we have known. Camelina is at the forefront of the changing fuel landscape in North America."
About Great Plains Oil & Exploration
Great Plains Oil & Exploration (Great Plains – The Camelina Company) is a renewable fuels company founded
with the purpose of manufacturing and marketing fuel and chemicals produced from camelina. Great Plains is
establishing a grower base and production facilities from which it will produce and supply biofuel as well as highprotein,
omega-3 rich animal feed.. More information can be found at CamelinaCompany.com.
Great Plains Oil & Exploration, LLC - The Camelina CompanyP.O Box 261 – Havre, MT 59501 - USA877-922-6645 toll-free - 513-825-8830 faxwww.CamelinaCompany.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Wednesday, May 13, 2009
Solar Stocks Commentary with J Peter Lynch; The Stock Market and Solar Market Sector Outlook
Investorideas.com Solar Stocks Commentary with J Peter Lynch; The Stock Market and Solar Market Sector Outlook
Point Roberts, South Salem, New York- May 13 2009- Investorideas.com a leading green investor portal, presents solar stocks commentary with J .Peter Lynch, a solar expert and frequent contributor to Investorideas.com.
The Stock Market and Solar Market Sector Outlook
J. Peter Lynch
Read More Peter Lynch Solar Stocks Commentary: http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed: http://www.investorideas.com/RSS/feeds/PL.xml
Exclusively for www.InvestorIdeas.com and www.Renewableenergystocks.com
As I have said many times over the years solar stocks have a bright future, a very bright future. But investors have to understand a number of things about the current stock market and solar stocks in particular in order to fully take advantage of this long-term trend.
Markets go up and markets go down and these moves usually occur when it is least expected. At the present time solar stocks, the energy industry and the market in general have been in a totally amazing rally since early March 2009. Unfortunately the market and solar stocks have put on the equivalent gains two excellent years (NOT average years) in the past 8 weeks and in my opinion this is simply not sustainable.
As I said in early March in my previous article:
“The Dow Jones Industrial Index recently recorded a twelve year low and the media is FULL of doom and gloom. This terrible news was all over the financial press, accompanied by scenarios of more of the same to come. In fact, the recent survey from the American Association of Individual Investors (AAII) had fallen to the most bearish level in history – 70% of those surveyed felt that the direction of the market would be DOWN over the next 6 months”.
“Nothing is 100% for sure, as we all know. But I think we are either at a significant bottom or very close to it. Everything is so “oversold” at this time, that I think the worst case is that we get a significant rally in what could still be a bear market”.
“Keep in mind that ALL the bad news out there is in media now. We already know all the bad news. Remember that the stock market IS actually a discounting mechanism which looks out 6 to 9 months into the future. We do not need GOOD NEWS to turn the market around, only LESS bad news”.
Well in retrospect that was certainly prescient insight and the market took off with most of the major indexes being up over 25% and some of the foreign markets being up over 35% percent and the solar sector of the market being UP over 70% in JUST 8 WEEKS more than triple the general market indexes.
full article
http://www.renewableenergystocks.com/PL/news/051309a.asp
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Point Roberts, South Salem, New York- May 13 2009- Investorideas.com a leading green investor portal, presents solar stocks commentary with J .Peter Lynch, a solar expert and frequent contributor to Investorideas.com.
The Stock Market and Solar Market Sector Outlook
J. Peter Lynch
Read More Peter Lynch Solar Stocks Commentary: http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed: http://www.investorideas.com/RSS/feeds/PL.xml
Exclusively for www.InvestorIdeas.com and www.Renewableenergystocks.com
As I have said many times over the years solar stocks have a bright future, a very bright future. But investors have to understand a number of things about the current stock market and solar stocks in particular in order to fully take advantage of this long-term trend.
Markets go up and markets go down and these moves usually occur when it is least expected. At the present time solar stocks, the energy industry and the market in general have been in a totally amazing rally since early March 2009. Unfortunately the market and solar stocks have put on the equivalent gains two excellent years (NOT average years) in the past 8 weeks and in my opinion this is simply not sustainable.
As I said in early March in my previous article:
“The Dow Jones Industrial Index recently recorded a twelve year low and the media is FULL of doom and gloom. This terrible news was all over the financial press, accompanied by scenarios of more of the same to come. In fact, the recent survey from the American Association of Individual Investors (AAII) had fallen to the most bearish level in history – 70% of those surveyed felt that the direction of the market would be DOWN over the next 6 months”.
“Nothing is 100% for sure, as we all know. But I think we are either at a significant bottom or very close to it. Everything is so “oversold” at this time, that I think the worst case is that we get a significant rally in what could still be a bear market”.
“Keep in mind that ALL the bad news out there is in media now. We already know all the bad news. Remember that the stock market IS actually a discounting mechanism which looks out 6 to 9 months into the future. We do not need GOOD NEWS to turn the market around, only LESS bad news”.
Well in retrospect that was certainly prescient insight and the market took off with most of the major indexes being up over 25% and some of the foreign markets being up over 35% percent and the solar sector of the market being UP over 70% in JUST 8 WEEKS more than triple the general market indexes.
full article
http://www.renewableenergystocks.com/PL/news/051309a.asp
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Monday, May 11, 2009
Yingli Green Energy (NYSE: YGE ) Becomes the First China-Based Company to Join PV CYCLE
Yingli Green Energy Becomes the First China-Based Company to Join PV CYCLE
BAODING, China, May 11 2009 -Yingli Green Energy Holding Company Limited (NYSE: YGE ), one of the world's leading vertically integrated photovoltaic (''PV'') product manufacturers, today announced that it has become the first China-based company and the 40th member to join PV CYCLE, an organization based in Brussels, Belgium that promotes voluntary take-back and recycling of end-of-life PV modules. As a member, Yingli Green Energy will participate in PV CYCLE working groups whose aim is to define collection and recycling targets for the PV industry, develop voluntary agreements among members and hone PV CYCLE's business model and outreach strategy.
''As one of the world's leading vertically integrated photovoltaic product manufacturers, Yingli Green Energy is committed to helping lead the search for a truly sustainable energy solution to reduce life-cycle energy consumption and the environmental impacts associated with PV production. Our membership to PV CYCLE will substantiate our commitment to customers, authorities and stakeholders, while allowing us to join a global team of industry leaders that are similarly committed to preventing climate change tomorrow,'' said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.
''We are honored that Yingli Green Energy has become the first China-based PV manufacturer to join our organization. We hope Yingli Green Energy's commitment to reducing the environmental impact of PV production will encourage other Asian manufacturers to take steps towards developing a sustainable PV solar industry,'' said Jan Clyncke, Managing Director of PV CYCLE. ''PV modules are designed to generate clean, renewable energy that can last for more than 25 years. The first significant installations took place in the early 1990s, and full-scale end-of-life recycling is still another 10 to 15 years away. It is with this in mind that we aim to bring industry leaders together to devise solutions that will have the maximum impact when the time comes.''
The PV CYCLE membership, which began on April 29, 2009, represents another step forward in Yingli Green Energy's commitment to developing sustainable energy solutions throughout all stages of the PV value chain. In addition to module recycling, Yingli Green Energy has also developed award-winning water treatment procedures which have received ISO 14000 and 14001 certification.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through Baoding Tianwei Yingli New Energy Resources Co., Ltd., an operating subsidiary of the Company, Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 400 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 2009. The Company, through Fine Silicon Co., Ltd., its wholly owned subsidiary, also plans to begin production of solar-grade polysilicon in the second half of 2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .
About PV CYCLE
PV CYCLE was founded in 2007 with the specific purpose of implementing the photovoltaic industry's commitment to set up a voluntary take-back and recycling program for end-of-life waste PV modules. To produce green and renewable energy, end-of-life modules need to be recovered and recycled. This will minimize waste and allow the re-use of valuable raw materials to produce new modules. The members of PV CYCLE are in the final stages of developing the scheme and aim to present it to the European Commission by spring 2009 for formal acknowledgement. By closing the life cycle of photovoltaic modules, industry players take their responsibility and are ''Making the photovoltaic industry Double Green.''
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute ''forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will,'' ''expects,'' ''anticipates,'' ''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates'' and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy's control, which may cause Yingli Green Energy's actual results, performance or achievements to differ materially from those in the forward- looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy's filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For further information, please contact:
In Europe: Stuart Brannigan Managing Director Yingli Green Energy Europe GmbH Tel: +49-89-5403034-12 Email: sbrannigan@yinglisolar.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
BAODING, China, May 11 2009 -Yingli Green Energy Holding Company Limited (NYSE: YGE ), one of the world's leading vertically integrated photovoltaic (''PV'') product manufacturers, today announced that it has become the first China-based company and the 40th member to join PV CYCLE, an organization based in Brussels, Belgium that promotes voluntary take-back and recycling of end-of-life PV modules. As a member, Yingli Green Energy will participate in PV CYCLE working groups whose aim is to define collection and recycling targets for the PV industry, develop voluntary agreements among members and hone PV CYCLE's business model and outreach strategy.
''As one of the world's leading vertically integrated photovoltaic product manufacturers, Yingli Green Energy is committed to helping lead the search for a truly sustainable energy solution to reduce life-cycle energy consumption and the environmental impacts associated with PV production. Our membership to PV CYCLE will substantiate our commitment to customers, authorities and stakeholders, while allowing us to join a global team of industry leaders that are similarly committed to preventing climate change tomorrow,'' said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.
''We are honored that Yingli Green Energy has become the first China-based PV manufacturer to join our organization. We hope Yingli Green Energy's commitment to reducing the environmental impact of PV production will encourage other Asian manufacturers to take steps towards developing a sustainable PV solar industry,'' said Jan Clyncke, Managing Director of PV CYCLE. ''PV modules are designed to generate clean, renewable energy that can last for more than 25 years. The first significant installations took place in the early 1990s, and full-scale end-of-life recycling is still another 10 to 15 years away. It is with this in mind that we aim to bring industry leaders together to devise solutions that will have the maximum impact when the time comes.''
The PV CYCLE membership, which began on April 29, 2009, represents another step forward in Yingli Green Energy's commitment to developing sustainable energy solutions throughout all stages of the PV value chain. In addition to module recycling, Yingli Green Energy has also developed award-winning water treatment procedures which have received ISO 14000 and 14001 certification.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through Baoding Tianwei Yingli New Energy Resources Co., Ltd., an operating subsidiary of the Company, Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 400 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW in the third quarter of 2009. The Company, through Fine Silicon Co., Ltd., its wholly owned subsidiary, also plans to begin production of solar-grade polysilicon in the second half of 2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit http://www.yinglisolar.com .
About PV CYCLE
PV CYCLE was founded in 2007 with the specific purpose of implementing the photovoltaic industry's commitment to set up a voluntary take-back and recycling program for end-of-life waste PV modules. To produce green and renewable energy, end-of-life modules need to be recovered and recycled. This will minimize waste and allow the re-use of valuable raw materials to produce new modules. The members of PV CYCLE are in the final stages of developing the scheme and aim to present it to the European Commission by spring 2009 for formal acknowledgement. By closing the life cycle of photovoltaic modules, industry players take their responsibility and are ''Making the photovoltaic industry Double Green.''
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute ''forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will,'' ''expects,'' ''anticipates,'' ''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates'' and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy's control, which may cause Yingli Green Energy's actual results, performance or achievements to differ materially from those in the forward- looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy's filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For further information, please contact:
In Europe: Stuart Brannigan Managing Director Yingli Green Energy Europe GmbH Tel: +49-89-5403034-12 Email: sbrannigan@yinglisolar.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Friday, May 08, 2009
Investor Ideas adds Fuel Cell Stocks and Environment Stocks Directories to Green Investor Tools for Members Following Green Investing Sectors
Investor Ideas adds Fuel Cell Stocks and Environment Stocks Directories to Green Investor Tools for Members Following Green Investing Sectors
POINT ROBERTS, Wash., Delta, B.C.–May 8, 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, has added the environment stocks directory and the fuel cell stocks directory to the growing directory of members only content and resources.
Investor Ideas members following the cleantech sector can access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
Water Stocks Directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Environment Stocks Directory: http://www.investorideas.com/Enviro_Stocks/Stock_List.asp
Renewable Energy Stocks Directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Fuel Cell Stocks Directory: http://www.investorideas.com/FCCN/Stock_List.asp
Fuel Cell Stocks Directory
Excerpt:
Acta (AIM:ACTA.L) Acta has patented a unique family of platinum-free catalysts, which offer new possibilities in fuel cell design, in the supply of hydrogen gas and in the application of new fuel options.
Advanced Engine Technology (OTCPK:AENG) Company’s mission is to successfully achieve commercial introduction of the OX2 engine. The primary focus of the company will be on the commercial introduction of the OX2 engine and the subsequent licensing of the OX2 engine technology to approved manufacturers.
AFC Energy plc (AIM:AFC.L) AFC Energy PLC is a commercially focused, very low-cost fuel cell company, and we're entering the market place by targeting waste hydrogen applications.
Air Liquide SA (Paris: AI.PA) Air Liquide manufactures and sells industrial gasses including hydrogen. More than half of the company’s research and development is directed toward fuel cells and other new energy sources, plus also energy efficiency and cleaner fuel consumption. The company is involved in carbon capture and sequestration projects in the U.S. and France.
Air Products and Chemicals Inc. (NYSE:APD) operates in the industrial gas and related industrial process equipment business worldwide. The Gases segment recovers and distributes industrial gases, such as oxygen, nitrogen, argon, hydrogen, carbon monoxide, carbon dioxide, synthesis gas, and helium. The Equipment segment manufactures equipment for cryogenic air separation, gas processing, natural gas liquefaction, and hydrogen purification equipment. It also designs and builds systems for recovering hydrogen, nitrogen, carbon monoxide, carbon dioxide, and low dew point gases using membrane technology.
American Security Resources (OTCBB:ARSC) is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC's Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is developing an inexpensive method to produce hydrogen from ammonia.
Arotech Corporation (NASDAQGM:ARTX) engages in the development, manufacture, and marketing of defense and security products worldwide. It’s battery and Power Systems businesses include the subsidiaries: Electric Fuel Battery Corp., Epsilor Electronic Industries and Electric Fuel Limited
Avista Corporation (NYSE:AVA) engages in the generation, transmission, and distribution of energy in the United States and Canada. The company operates in four segments: Avista Utilities, Energy Marketing and Resource Management, Avista Advantage, and Other. Avista Labs is a leader in the development and marketing of modular Proton Exchange Membrane (PEM) fuel cells. The company markets a variety of commercially available fuel cells using its patented Modular Cartridge Technology ™.
Axion Power Intl Inc (OTCBB:AXPW) Axion uses patented carbon electrode assemblies to replace the negative electrodes found in conventional lead-acid batteries. The end result is the e3 Supercell; a battery-supercapacitor hybrid that offers higher power, faster recharge; longer-life and reduced lead content in a low-cost device that can be designed to deliver maximum power for fast discharge applications; maximum energy for slow discharge applications; or almost any balance between the two.
Ballard Power Systems (NASDAQGM:BLDP) engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cells for various applications. The company operates in three segments: Power Generation, Automotive, and Material Products. Ballard's focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, EBARA, ALSTOM and FirstEnergy, to commercialize Ballard® fuel cells. Ballard has supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha and Cinergy, among others.
Learn more:
http://www.investorideas.com/FCCN/Stock_List.asp
As an added bonus, members can access biotech stocks directory, defense stocks directory, as well as the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Other Green Investor Resources and Tools:
Subscribe to the Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Solar Stocks Commentary with J Peter Lynch: http://www.renewableenergystocks.com/PL/
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investing In Water Podcast: http://www.investorideas.com/ws/
The investing in water podcast features audio interview with some of the sector’s leading experts and fund managers.
Investorideas.com Members- access to green stock directories and trading trends
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the water stocks directory, environment stocks and renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
POINT ROBERTS, Wash., Delta, B.C.–May 8, 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, has added the environment stocks directory and the fuel cell stocks directory to the growing directory of members only content and resources.
Investor Ideas members following the cleantech sector can access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
Water Stocks Directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Environment Stocks Directory: http://www.investorideas.com/Enviro_Stocks/Stock_List.asp
Renewable Energy Stocks Directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Fuel Cell Stocks Directory: http://www.investorideas.com/FCCN/Stock_List.asp
Fuel Cell Stocks Directory
Excerpt:
Acta (AIM:ACTA.L) Acta has patented a unique family of platinum-free catalysts, which offer new possibilities in fuel cell design, in the supply of hydrogen gas and in the application of new fuel options.
Advanced Engine Technology (OTCPK:AENG) Company’s mission is to successfully achieve commercial introduction of the OX2 engine. The primary focus of the company will be on the commercial introduction of the OX2 engine and the subsequent licensing of the OX2 engine technology to approved manufacturers.
AFC Energy plc (AIM:AFC.L) AFC Energy PLC is a commercially focused, very low-cost fuel cell company, and we're entering the market place by targeting waste hydrogen applications.
Air Liquide SA (Paris: AI.PA) Air Liquide manufactures and sells industrial gasses including hydrogen. More than half of the company’s research and development is directed toward fuel cells and other new energy sources, plus also energy efficiency and cleaner fuel consumption. The company is involved in carbon capture and sequestration projects in the U.S. and France.
Air Products and Chemicals Inc. (NYSE:APD) operates in the industrial gas and related industrial process equipment business worldwide. The Gases segment recovers and distributes industrial gases, such as oxygen, nitrogen, argon, hydrogen, carbon monoxide, carbon dioxide, synthesis gas, and helium. The Equipment segment manufactures equipment for cryogenic air separation, gas processing, natural gas liquefaction, and hydrogen purification equipment. It also designs and builds systems for recovering hydrogen, nitrogen, carbon monoxide, carbon dioxide, and low dew point gases using membrane technology.
American Security Resources (OTCBB:ARSC) is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC's Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is developing an inexpensive method to produce hydrogen from ammonia.
Arotech Corporation (NASDAQGM:ARTX) engages in the development, manufacture, and marketing of defense and security products worldwide. It’s battery and Power Systems businesses include the subsidiaries: Electric Fuel Battery Corp., Epsilor Electronic Industries and Electric Fuel Limited
Avista Corporation (NYSE:AVA) engages in the generation, transmission, and distribution of energy in the United States and Canada. The company operates in four segments: Avista Utilities, Energy Marketing and Resource Management, Avista Advantage, and Other. Avista Labs is a leader in the development and marketing of modular Proton Exchange Membrane (PEM) fuel cells. The company markets a variety of commercially available fuel cells using its patented Modular Cartridge Technology ™.
Axion Power Intl Inc (OTCBB:AXPW) Axion uses patented carbon electrode assemblies to replace the negative electrodes found in conventional lead-acid batteries. The end result is the e3 Supercell; a battery-supercapacitor hybrid that offers higher power, faster recharge; longer-life and reduced lead content in a low-cost device that can be designed to deliver maximum power for fast discharge applications; maximum energy for slow discharge applications; or almost any balance between the two.
Ballard Power Systems (NASDAQGM:BLDP) engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cells for various applications. The company operates in three segments: Power Generation, Automotive, and Material Products. Ballard's focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, EBARA, ALSTOM and FirstEnergy, to commercialize Ballard® fuel cells. Ballard has supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha and Cinergy, among others.
Learn more:
http://www.investorideas.com/FCCN/Stock_List.asp
As an added bonus, members can access biotech stocks directory, defense stocks directory, as well as the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Other Green Investor Resources and Tools:
Subscribe to the Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Solar Stocks Commentary with J Peter Lynch: http://www.renewableenergystocks.com/PL/
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investing In Water Podcast: http://www.investorideas.com/ws/
The investing in water podcast features audio interview with some of the sector’s leading experts and fund managers.
Investorideas.com Members- access to green stock directories and trading trends
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the water stocks directory, environment stocks and renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Wednesday, May 06, 2009
Investor Ideas Marketplace News; Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
Investor Ideas Marketplace News; Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
POINT ROBERTS, Wash., May 6, 2009- www.InvestorIdeas.com, a leading online global investor resource and its Investor Ideas Global Marketplace and the Global Green Marketplace for green and renewable energy companies features news from clean energy wind turbine company, Leviathan Energy.
Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
May 6, 2009, Chicago, Illinois – Leviathan Energy (www.leviathanenergy.com), a diversified clean energy solutions provider, announced today that it will officially commence US sales and marketing efforts of the Wind Energizer, its patented technology for increasing the power output of large wind turbines. The Company plans to immediately begin making sales to wind farm operators across the US. The launch of the sales and marketing of the Wind Energizer comes after the company successfully concluded field tests of the product.
“We expect that with the very fast return on investment the Wind Energizer can deliver, sales will be quite strong,” said Dr. Daniel Farb, CEO of Leviathan Energy. “We look forward to witnessing the transformative effects our technology will have on the wind industry throughout the country.”
Leviathan’s Wind Energizer is a passive land-based structure that can be adapted to any wind turbine from any manufacturer. By directing the surrounding wind flow to the most critical areas of the wind turbine’s blades, the Wind Energizer increases wind velocity to the blades, resulting in a jump of power output by some 20-40 percent when the turbine is spinning and by well over 100% in the range of marginal or poor wind speed.
Additionally, by balancing the wind velocity load and shearing forces placed on the turbine, the Wind Energizer greatly reduces the stress placed on the turbine, extending both the blade and gearbox lifespan by an expected 2-3 years. Typically, wind farm operators overhaul or replace the turbine’s gearbox once every 2-8 years at a cost of $500,000. The Wind Energizer will drastically reduce the frequency at which they need to be replaced, quickly saving wind farm operators hundreds of thousands of dollars.
Depending on the scope of the installation, the Wind Energizer will cost approximately $300,000-$500,000. When all the benefits, including carbon credits, are factored in, Leviathan expects that return on investment will be 1-3 years.
Leviathan is presenting its revolutionary technology at the WindPower Expo in Chicago at Booth 5963.
About Leviathan
Leviathan Energy is a diversified clean energy solutions provider that was formed in 2006 in order to supply innovative, state-of-the-art technologies that will change the fundamentals of the renewable energy market on a global scale. By utilizing the physics of fluid dynamics and flow, Leviathan has created wind-, hydro-, and wave-powered products that fundamentally change the economics of investing in alternative energy technologies in these markets. Leviathan is currently also selling its small wind turbine and hydroelectric turbine. Leviathan's patent-pending products are simple to install, revolutionary, and cost-effective beyond any comparable products.
For more information, please visit www.leviathanenergy.com
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The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
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 and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
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For Additional Information on the Green Global Marketplace:
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Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
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POINT ROBERTS, Wash., May 6, 2009- www.InvestorIdeas.com, a leading online global investor resource and its Investor Ideas Global Marketplace and the Global Green Marketplace for green and renewable energy companies features news from clean energy wind turbine company, Leviathan Energy.
Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
May 6, 2009, Chicago, Illinois – Leviathan Energy (www.leviathanenergy.com), a diversified clean energy solutions provider, announced today that it will officially commence US sales and marketing efforts of the Wind Energizer, its patented technology for increasing the power output of large wind turbines. The Company plans to immediately begin making sales to wind farm operators across the US. The launch of the sales and marketing of the Wind Energizer comes after the company successfully concluded field tests of the product.
“We expect that with the very fast return on investment the Wind Energizer can deliver, sales will be quite strong,” said Dr. Daniel Farb, CEO of Leviathan Energy. “We look forward to witnessing the transformative effects our technology will have on the wind industry throughout the country.”
Leviathan’s Wind Energizer is a passive land-based structure that can be adapted to any wind turbine from any manufacturer. By directing the surrounding wind flow to the most critical areas of the wind turbine’s blades, the Wind Energizer increases wind velocity to the blades, resulting in a jump of power output by some 20-40 percent when the turbine is spinning and by well over 100% in the range of marginal or poor wind speed.
Additionally, by balancing the wind velocity load and shearing forces placed on the turbine, the Wind Energizer greatly reduces the stress placed on the turbine, extending both the blade and gearbox lifespan by an expected 2-3 years. Typically, wind farm operators overhaul or replace the turbine’s gearbox once every 2-8 years at a cost of $500,000. The Wind Energizer will drastically reduce the frequency at which they need to be replaced, quickly saving wind farm operators hundreds of thousands of dollars.
Depending on the scope of the installation, the Wind Energizer will cost approximately $300,000-$500,000. When all the benefits, including carbon credits, are factored in, Leviathan expects that return on investment will be 1-3 years.
Leviathan is presenting its revolutionary technology at the WindPower Expo in Chicago at Booth 5963.
About Leviathan
Leviathan Energy is a diversified clean energy solutions provider that was formed in 2006 in order to supply innovative, state-of-the-art technologies that will change the fundamentals of the renewable energy market on a global scale. By utilizing the physics of fluid dynamics and flow, Leviathan has created wind-, hydro-, and wave-powered products that fundamentally change the economics of investing in alternative energy technologies in these markets. Leviathan is currently also selling its small wind turbine and hydroelectric turbine. Leviathan's patent-pending products are simple to install, revolutionary, and cost-effective beyond any comparable products.
For more information, please visit www.leviathanenergy.com
Published at the InvestorIdeas.com Global Online Marketplace: Connecting Investors and Business
http://www.investorideas.com/marketplace/
Accredited Investors and Companies Sign Up:
http://www.investorideas.com/marketplace/signup.asp
Accredited Investors: Sign up and register and we can forward you our private online access to our current list of company executive summaries for review .
Companies: Sign up and forward us your request for funding, strategic partner or other request. You can advertise on the Marketplace or upon approval Investorideas.com will enter into Marketplace success based agreement.
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Marketplace Business, Venture, Capital and Funding News RSS Feed
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Marketplace: http://www.investorideas.com/marketplace/
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
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 and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
Join our Group on Linked in
Business, Investing and Funding Success Stories
Become an Investorideas.com Member- research green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, environment, biotech and defense stocks.
Become an InvestorIdeas.com member -Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information on the Green Global Marketplace:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Tuesday, May 05, 2009
Frost & Sullivan Sees China Heading Toward 'Green' Cars
Frost & Sullivan Sees China Heading Toward 'Green' Cars
SAN ANTONIO, TX UNITED STATES May 5 -- Shanghai - Held on April 22-28, the 13th International Automobile Industry Exhibition has become one of the most important global automotive industry events. 'Green' vehicles seem to be one of the highlights of the just-concluded show. In response to the alleviation of oil dependence and ever-increasing emission problem, the OEMs have been banking on 'green' cars as the long-term strategy for sustainable mobility. This trend does not only happen to global manufacturers, but especially holds true for domestic Chinese OEMs. This could be echoed by the fact that a couple of domestic OEMs like Chery, Geely, SAIC, and Changan took the wraps off of their green cars.
Frost & Sullivan, the growth partnership company will briefly discuss the development of 'green' cars and the future trends.
Which direction to go?
When referring to the words 'green' car, what pops up in your mind? Is it a hybrid or one of the numerous electric cars emerging these days? Perhaps a hydrogen car or a biofuel car? There are various technology options available.
From the geographic perspective, different countries go to different paths. Japan is the market leader in hybrids today, with cars like the Toyota Prius and Honda Insight. In Europe, diesels comprise a large amount of the cars driven. The United States has been a laggard in alternative vehicles. In South American countries, biofuel vehicles seem to have certain markets.
If we take a look at OEMs, the strategies are varied as well. Nissan oriented for battery electric vehicles and fuel cell vehicles and expect they can cover every market segment. Honda sees hydrogen as the long-term alternative to gasoline. Volkswagen originally focused more on diesel, but changing to hybrids now.
Apparently, car-makers tell us we have plenty of green vehicles to choose from. The question boils down to which way China should head toward and which technology Chinese OEMs will choose? In other words, what the technology roadmap looks like in terms of 'green' cars.
'Green' Cars Roadmap in China
Frost & Sullivan believes that there are three phases for the development of 'green' cars in China. The short term alternative solutions are LPG/CNG and hybrids. The market will gradually transit to Electric vehicles in the middle stage. Fuel cell vehicles will be the choice in the long run.
Hybrids Prevail in the Short Term
LPG/CNG vehicles have been used in China for many years. The development of LPG/CNG is hindered by the short of gas infrastructure and relatively unfavorable vehicle performance. Therefore, the application of LPG/CNG is limited to taxies and buses in several cities like Chengdu, Chongqing, Beijing and Shanghai. Hybrids running on both electricity and gasoline, on the other hand, seem to gain momentum in recent years. In 2009 Shanghai auto show, more than 20 hybrid vehicles are unveiled by Chinese domestic OEMs. Since their introduction in the US in late 1999, hybrid cars were considered as a short-lived second-rate technology that briefly serves a purpose until it can be substituted with something better and more enduring. Instead of being a 'bridge technology', however, Frost & Sullivan sees hybrids a necessary step for eventually heading toward battery electric vehicles or fuel cell vehicles and remain in the mainstream for quite some time in China. This is because the consumers are not fully aware of the advantages of battery electric vehicles and will slowly accept the technology. Hybrids especially plug-in hybrids will help the public to have confidence to transit from hybrids to completely battery powered cars in the future. Moreover, pure electric vehicles require an extensive public charging infrastructure. It may take decades to construct the charging stations and infrastructure in China.
Electric Cars, the Next Movement
According to Tristin Lin, Senior Consultant from Frost & Sullivan, electric cars will be the next step after hybrids in China. Chinese OEMs have every reason to develop electric vehicles. Frost & Sullivan gives the detailed explanations from the Government, OEM and customer's perspective.
Firstly, Chinese Government has determined to turn the country into one of the leading producers of all-electric vehicles within three years, and making it the world leader in electric cars and buses afterwards. As is known, electric cars by its very nature requires an integration of vastly different technologies like battery, motor and electronic controls. Successful electric car market requires integrated efforts of various market participants. Chinese Government is powerful in leveraging the resource from the very top in an efficient and effective way when it comes to support an industry development. The development of electric cars is put on the agenda of Government. According to government officials and Chinese auto executives, China is expected to raise its annual production capacity to 500,000 hybrid or all-electric cars and buses by the end of 2011.
Secondly, from OEM's perspective, Chinese OEMs would also like to make intensive efforts to develop electric cars. Opposite to making gas-powered vehicles which China lags far behind the United States, Japan and other countries, the development of electric cars makes it possible for Chinese firms to circumvent the current technology and get a leap to the next stage. The leap to a new technology can be less burdened by legacy issues for the long term.
Thirdly, from customer's perspective, electric cars have practical advantages in terms of Chinese customers' driving behavior. Under rare occasion that Chinese drive a long distance between cities. Commutes are fairly short and frequently at low speeds because of increasingly heavy traffic. So the limitations of all-electric cars, for instance, the limited distance range are not a big deal.
Based on the technology of electric cars, eventually, China is going to move toward fuel cell vehicles. The technologies of hybrid and electric cars are also applied to fuel cell vehicles.
The key Question: When?
"Green" is an emerging automotive marketing term which the public is beginning to see through. The golden age of "green" cars will eventually come, but the key question is how long it will take until hybrid, electric cars and fuel cell vehicles can see a certain penetration in Chinese passage car market. It's not a favorable thing if 'green' car just become another rhetoric put out by OEMs' public-relations departments or little green lipstick OEMs put on it. The first hybrid in China, Toyota Prius, was introduced in 2006. However, the total sales of hybrid in Chinese market only amounted to around 2,100 units with limited models availability. This is not just happening in China, but also worldwide. Globally, fuel cell cars have been hyped as the best solution for over ten years, now. Ten years ago the engineers said it would be "ten years" before the technology is practical for use. 5 years ago these same engineers said it would be another "ten years" to go. We heard again a "ten years" on this year's auto show. The question is often raised both in the automotive industry and customers when it will really happen.
Apparently, it's a hard question to answer. A lot of issues need to be addressed like battery technology, recharging infrastructure construction, and governmental subsidy, etc to realize the dream of 'green' cars. Frost & Sullivan forecast that hybrids for the masses will come true by 2011-2012 in China. The battery electric cars will start in 2010 and see gradual penetration in the next decade. For fuel cell vehicles, it will still be a long way to go in China market.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Media Contact:
Riona Jin Corporate Communications - China P: +86 21 5407 5783 Ext 8652 M: +86 139 169 87828 E: riona.jin@frost.com SOURCE Frost & SullivanNews & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
SAN ANTONIO, TX UNITED STATES May 5 -- Shanghai - Held on April 22-28, the 13th International Automobile Industry Exhibition has become one of the most important global automotive industry events. 'Green' vehicles seem to be one of the highlights of the just-concluded show. In response to the alleviation of oil dependence and ever-increasing emission problem, the OEMs have been banking on 'green' cars as the long-term strategy for sustainable mobility. This trend does not only happen to global manufacturers, but especially holds true for domestic Chinese OEMs. This could be echoed by the fact that a couple of domestic OEMs like Chery, Geely, SAIC, and Changan took the wraps off of their green cars.
Frost & Sullivan, the growth partnership company will briefly discuss the development of 'green' cars and the future trends.
Which direction to go?
When referring to the words 'green' car, what pops up in your mind? Is it a hybrid or one of the numerous electric cars emerging these days? Perhaps a hydrogen car or a biofuel car? There are various technology options available.
From the geographic perspective, different countries go to different paths. Japan is the market leader in hybrids today, with cars like the Toyota Prius and Honda Insight. In Europe, diesels comprise a large amount of the cars driven. The United States has been a laggard in alternative vehicles. In South American countries, biofuel vehicles seem to have certain markets.
If we take a look at OEMs, the strategies are varied as well. Nissan oriented for battery electric vehicles and fuel cell vehicles and expect they can cover every market segment. Honda sees hydrogen as the long-term alternative to gasoline. Volkswagen originally focused more on diesel, but changing to hybrids now.
Apparently, car-makers tell us we have plenty of green vehicles to choose from. The question boils down to which way China should head toward and which technology Chinese OEMs will choose? In other words, what the technology roadmap looks like in terms of 'green' cars.
'Green' Cars Roadmap in China
Frost & Sullivan believes that there are three phases for the development of 'green' cars in China. The short term alternative solutions are LPG/CNG and hybrids. The market will gradually transit to Electric vehicles in the middle stage. Fuel cell vehicles will be the choice in the long run.
Hybrids Prevail in the Short Term
LPG/CNG vehicles have been used in China for many years. The development of LPG/CNG is hindered by the short of gas infrastructure and relatively unfavorable vehicle performance. Therefore, the application of LPG/CNG is limited to taxies and buses in several cities like Chengdu, Chongqing, Beijing and Shanghai. Hybrids running on both electricity and gasoline, on the other hand, seem to gain momentum in recent years. In 2009 Shanghai auto show, more than 20 hybrid vehicles are unveiled by Chinese domestic OEMs. Since their introduction in the US in late 1999, hybrid cars were considered as a short-lived second-rate technology that briefly serves a purpose until it can be substituted with something better and more enduring. Instead of being a 'bridge technology', however, Frost & Sullivan sees hybrids a necessary step for eventually heading toward battery electric vehicles or fuel cell vehicles and remain in the mainstream for quite some time in China. This is because the consumers are not fully aware of the advantages of battery electric vehicles and will slowly accept the technology. Hybrids especially plug-in hybrids will help the public to have confidence to transit from hybrids to completely battery powered cars in the future. Moreover, pure electric vehicles require an extensive public charging infrastructure. It may take decades to construct the charging stations and infrastructure in China.
Electric Cars, the Next Movement
According to Tristin Lin, Senior Consultant from Frost & Sullivan, electric cars will be the next step after hybrids in China. Chinese OEMs have every reason to develop electric vehicles. Frost & Sullivan gives the detailed explanations from the Government, OEM and customer's perspective.
Firstly, Chinese Government has determined to turn the country into one of the leading producers of all-electric vehicles within three years, and making it the world leader in electric cars and buses afterwards. As is known, electric cars by its very nature requires an integration of vastly different technologies like battery, motor and electronic controls. Successful electric car market requires integrated efforts of various market participants. Chinese Government is powerful in leveraging the resource from the very top in an efficient and effective way when it comes to support an industry development. The development of electric cars is put on the agenda of Government. According to government officials and Chinese auto executives, China is expected to raise its annual production capacity to 500,000 hybrid or all-electric cars and buses by the end of 2011.
Secondly, from OEM's perspective, Chinese OEMs would also like to make intensive efforts to develop electric cars. Opposite to making gas-powered vehicles which China lags far behind the United States, Japan and other countries, the development of electric cars makes it possible for Chinese firms to circumvent the current technology and get a leap to the next stage. The leap to a new technology can be less burdened by legacy issues for the long term.
Thirdly, from customer's perspective, electric cars have practical advantages in terms of Chinese customers' driving behavior. Under rare occasion that Chinese drive a long distance between cities. Commutes are fairly short and frequently at low speeds because of increasingly heavy traffic. So the limitations of all-electric cars, for instance, the limited distance range are not a big deal.
Based on the technology of electric cars, eventually, China is going to move toward fuel cell vehicles. The technologies of hybrid and electric cars are also applied to fuel cell vehicles.
The key Question: When?
"Green" is an emerging automotive marketing term which the public is beginning to see through. The golden age of "green" cars will eventually come, but the key question is how long it will take until hybrid, electric cars and fuel cell vehicles can see a certain penetration in Chinese passage car market. It's not a favorable thing if 'green' car just become another rhetoric put out by OEMs' public-relations departments or little green lipstick OEMs put on it. The first hybrid in China, Toyota Prius, was introduced in 2006. However, the total sales of hybrid in Chinese market only amounted to around 2,100 units with limited models availability. This is not just happening in China, but also worldwide. Globally, fuel cell cars have been hyped as the best solution for over ten years, now. Ten years ago the engineers said it would be "ten years" before the technology is practical for use. 5 years ago these same engineers said it would be another "ten years" to go. We heard again a "ten years" on this year's auto show. The question is often raised both in the automotive industry and customers when it will really happen.
Apparently, it's a hard question to answer. A lot of issues need to be addressed like battery technology, recharging infrastructure construction, and governmental subsidy, etc to realize the dream of 'green' cars. Frost & Sullivan forecast that hybrids for the masses will come true by 2011-2012 in China. The battery electric cars will start in 2010 and see gradual penetration in the next decade. For fuel cell vehicles, it will still be a long way to go in China market.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Media Contact:
Riona Jin Corporate Communications - China P: +86 21 5407 5783 Ext 8652 M: +86 139 169 87828 E: riona.jin@frost.com SOURCE Frost & SullivanNews & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Monday, May 04, 2009
Prospects for the Global Wind Energy Industry Are Still Strong Despite Recession, Says Pike Research
Prospects for the Global Wind Energy Industry Are Still Strong Despite Recession, Says Pike Research
BOULDER, Colo.--May 4 2009 -The wind energy industry has been battered by the global economic crisis, with market participants being dealt a severe blow by the credit crunch that began in 2008. However, the future prospects for wind energy remain bright, according to a new report from Pike Research. The cleantech market intelligence firm forecasts that total installed wind generation capacity will reach 320 gigawatts (GW) in 2015, representing a 165% increase over 2008 levels.
“The wind energy market will continue to grow, but not at the pace that was expected prior to 2009,” says managing director Clint Wheelock. “The economic crisis has thrown the industry into a tailspin, and there are many different views about how the market will develop over the next few years. Our forecast is approximately 20% lower than the wind industry’s own numbers released earlier this year, but we still see cause for optimism as fundamental demand drivers for wind turbines remain strong.”
In addition to new site development, one key revenue driver will be the replacement of aging turbine fleets. “Most turbines were designed for a 20-year useful life,” says Wheelock, “but in many cases it makes economic sense to replace 10-year-old turbines with newer, larger, more efficient models.” By 2015, Pike Research forecasts that 31% of all turbine installations will be replacements, with an even higher percentage in Europe given that region’s larger number of legacy turbines.
Pike Research’s study, “Wind Turbine Opportunities and Outlook”, analyzes key market factors in the global wind energy industry, including technology issues, regulatory frameworks, and the competitive landscape. The report includes rich quantitative analysis such as market sizing, segmentation, market share of top turbine vendors, and global growth forecasts by country through 2015. An Executive Summary of the report is available for free download on the firm’s website.
Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Renewable Energy, Clean Transportation, Clean Industry, Green Consumers, and Environmental Management sectors. For more information, visit www.pikeresearch.com or call +1.303.997.7609.
Contacts Pike ResearchClint Wheelock, +1-303-997-7609press@pikeresearch.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
BOULDER, Colo.--May 4 2009 -The wind energy industry has been battered by the global economic crisis, with market participants being dealt a severe blow by the credit crunch that began in 2008. However, the future prospects for wind energy remain bright, according to a new report from Pike Research. The cleantech market intelligence firm forecasts that total installed wind generation capacity will reach 320 gigawatts (GW) in 2015, representing a 165% increase over 2008 levels.
“The wind energy market will continue to grow, but not at the pace that was expected prior to 2009,” says managing director Clint Wheelock. “The economic crisis has thrown the industry into a tailspin, and there are many different views about how the market will develop over the next few years. Our forecast is approximately 20% lower than the wind industry’s own numbers released earlier this year, but we still see cause for optimism as fundamental demand drivers for wind turbines remain strong.”
In addition to new site development, one key revenue driver will be the replacement of aging turbine fleets. “Most turbines were designed for a 20-year useful life,” says Wheelock, “but in many cases it makes economic sense to replace 10-year-old turbines with newer, larger, more efficient models.” By 2015, Pike Research forecasts that 31% of all turbine installations will be replacements, with an even higher percentage in Europe given that region’s larger number of legacy turbines.
Pike Research’s study, “Wind Turbine Opportunities and Outlook”, analyzes key market factors in the global wind energy industry, including technology issues, regulatory frameworks, and the competitive landscape. The report includes rich quantitative analysis such as market sizing, segmentation, market share of top turbine vendors, and global growth forecasts by country through 2015. An Executive Summary of the report is available for free download on the firm’s website.
Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Renewable Energy, Clean Transportation, Clean Industry, Green Consumers, and Environmental Management sectors. For more information, visit www.pikeresearch.com or call +1.303.997.7609.
Contacts Pike ResearchClint Wheelock, +1-303-997-7609press@pikeresearch.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Friday, May 01, 2009
Investor Ideas adds Environment Stocks Directory to Green Investor Tools for Members Following Renewable Energy Stocks, Green Stocks and Water Stocks
Investor Ideas adds Environment Stocks Directory to Green Investor Tools for Members Following Renewable Energy Stocks, Green Stocks and Water Stocks
POINT ROBERTS, Wash., Delta, B.C.–May 1, 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, has added the environment stocks directory to its growing directory of members only content and resources.
The environment stocks directory sub sectors include:
Air Control Technology & CO2 Recycling Clean Coal Stocks Energy Efficiency Stocks Environment Consultancy Stocks Environment/ Green Newswires Environment Stocks & Green Tech Stocks - General Garments & Textiles Stocks Green Building and Sustainable Construction Materials Green Certificates - Carbon Credit Stocks Natural, Organic & Alternative Health Oil Industry Environmental Technology Recycling and Biodegradable Stocks
Sustainable Construction & Materials Stocks Sustainable & Social Financial Institution Stocks Waste to Energy Water Treatment Technology Stocks.
Investor Ideas members following the cleantech sector can access comprehensive global stock directories in renewable energy, water stocks and environment stocks.
Water Stocks Directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Environment Stocks Directory: http://www.investorideas.com/Enviro_Stocks/Stock_List.asp
Renewable Energy Stocks Directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
As an added bonus, members can access biotech stocks directory, defense stocks directory, as well as the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Other Green Investor Resources and Tools:
Subscribe to the Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Solar Stocks Commentary with J Peter Lynch: http://www.renewableenergystocks.com/PL/
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investing In Water Podcast: http://www.investorideas.com/ws/
The investing in water podcast features audio interview with some of the sector’s leading experts and fund managers.
Investorideas.com Members- access to green stock directories and trading trends
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the water stocks directory, environment stocks and renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
POINT ROBERTS, Wash., Delta, B.C.–May 1, 2009 - www.InvestorIdeas.com, a global investor research portal, and one of the first online investor resources providing in-depth information on renewable energy and water, has added the environment stocks directory to its growing directory of members only content and resources.
The environment stocks directory sub sectors include:
Air Control Technology & CO2 Recycling Clean Coal Stocks Energy Efficiency Stocks Environment Consultancy Stocks Environment/ Green Newswires Environment Stocks & Green Tech Stocks - General Garments & Textiles Stocks Green Building and Sustainable Construction Materials Green Certificates - Carbon Credit Stocks Natural, Organic & Alternative Health Oil Industry Environmental Technology Recycling and Biodegradable Stocks
Sustainable Construction & Materials Stocks Sustainable & Social Financial Institution Stocks Waste to Energy Water Treatment Technology Stocks.
Investor Ideas members following the cleantech sector can access comprehensive global stock directories in renewable energy, water stocks and environment stocks.
Water Stocks Directory: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Environment Stocks Directory: http://www.investorideas.com/Enviro_Stocks/Stock_List.asp
Renewable Energy Stocks Directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
As an added bonus, members can access biotech stocks directory, defense stocks directory, as well as the Insiders Corner by Michael Brush.
“The Insiders Corner “http://www.investorideas.com/insiderscorner/ By Michael Brush is also an Investorideas.com members only feature. Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Other Green Investor Resources and Tools:
Subscribe to the Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Solar Stocks Commentary with J Peter Lynch: http://www.renewableenergystocks.com/PL/
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Investing In Water Podcast: http://www.investorideas.com/ws/
The investing in water podcast features audio interview with some of the sector’s leading experts and fund managers.
Investorideas.com Members- access to green stock directories and trading trends
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the water stocks directory, environment stocks and renewable energy stocks directory.
Become an InvestorIdeas.com -Learn more: - click here http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
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. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Evergreen Solar Announces Wafer Factory and Subcontractor Relationship in China Jiawei Solar to Provide Cell and Panel Manufacturing Services
Evergreen Solar Announces Wafer Factory and Subcontractor Relationship in China Jiawei Solar to Provide Cell and Panel Manufacturing Services
MARLBORO, Mass. and WUHAN, China--May 1 2009 --Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon™ solar power products with its proprietary, low-cost silicon wafer technology, today announced it has entered into a frame agreement with Jiawei Solar (Wuhan) Co. and the Wuhan Donghu New Technology Development Zone Management Committee which calls for a significant expansion of String Ribbon wafer manufacturing in Wuhan, China. The parties expect to finalize the terms of the manufacturing relationship over the next 90 days, including obtaining project financing and other approvals and permits, and plan to begin production in the second quarter of 2010.
Under the agreement,
Evergreen Solar will manufacture String Ribbon wafers using its state of the art Quad furnaces at a leased facility being built in Wuhan, China on Jiawei’s campus. Jiawei will process String Ribbon wafers into Evergreen Solar-branded panels on a subcontract basis. Evergreen Solar will reimburse Jiawei for its cell and panel conversion costs, plus subcontractor fee. The actual price paid to Jiawei will be negotiated annually. The Wuhan government will provide, or coordinate with other Chinese governmental agencies, various incentives, including guarantees necessary to obtain third-party bank or other financing. Initial capacity is expected to be approximately 100 MW and the parties intend to expand production capacity to approximately 500 MW by 2012, the timing and extent of which will be determined in 2010. The establishment of our wafer manufacturing facility and the subcontractor relationship with Jiawei remains subject to the satisfaction of certain conditions, including financing, various import/export and construction permits and the negotiation of definitive agreements between Evergreen Solar and Jiawei.
“We are thrilled about our new relationship with Jiawei and the support that we are receiving from the Wuhan Management Committee, said Richard M. Feldt, Chairman, CEO and President. The cost of our 100 MW wafer facility will be between $40 million and $50 million and we will seek financing for about two thirds of that amount, reducing our portion of initial capital required to approximately $15 million to $20 million.
“Combining our unique low-cost String Ribbon wafer manufacturing technology with Jiawei’s proven low cost manufacturing capabilities will result in a compelling value proposition for our customers and the solar industry. At full capacity of about 25 MW per quarter by the end of 2010, we expect that total manufacturing cost of String Ribbon panels produced in China, including Jiawei’s subcontractor fee, will be in the range of $1.40 per watt to $1.50 per watt. As the price of silicon returns to its historic level of about $50 per kilogram and as both companies work together to improve technologies and reduce manufacturing costs, we believe that total manufacturing cost could be reduced to approximately $1.00 per watt by the end of 2012,” Feldt concluded.
Conference Call Information
Management will conduct a conference call at 5:00 p.m. (ET) today to. The call will be webcast live over the Internet and can be accessed by logging on to the "Investors" section of Evergreen Solar's website, www.evergreensolar.com prior to the event.
The call also can be accessed by dialing (877) 704-5378 or (913) 312-1269 (International) prior to the start of the call. For those unable to join the live conference call, a replay will be available from 8:00 p.m. (ET) on April 30 through 8:00 p.m. (ET) on May 7. To access the replay, dial (888) 203-1112 or (719) 457-0820 and refer to confirmation code 5600248.
About Evergreen Solar, Inc.
Evergreen Solar, Inc. develops, manufactures and markets String Ribbon™ solar power products using its proprietary, low-cost silicon wafer technology. The Company's patented wafer manufacturing technology uses significantly less polysilicon than conventional processes. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com. Evergreen Solar® and String Ribbon™ are trademarks of Evergreen Solar, Inc.
About Jiawei Solar (Wuhan) Co. Ltd., Inc.
Jiawei Solar (Wuhan) Co. Ltd., Inc is a subsidiary of Jiawei Solarchina Co., Ltd. Inc, a fully integrated manufacturer of solar products serving OEM and ODM customers around the world, including SunPower Corporation. Jiawei offers its global customers high performance solar products for a broad range of applications including residential and commercial end-users for off-grid and on- grid applications. The Company is dedicated to providing its world- class customer base with innovation, manufacturing excellence and superior product quality. For more information about Jiawei Solar, please visit www.solarchina.com.hk .
Safe Harbor Statement
This press release contains forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. These statements are based on management’s current expectations or beliefs. Such forward-looking statements include, but are not limited to, those related to expectations regarding the establishment of an Evergreen Solar wafer manufacturing facility in China, finalizing a contract manufacturing relationship with Jiawei Solar (Wuhan) Co., Evergreen Solar’s future manufacturing and product costs, the future capacity of Evergreen Solar’s China-based facilities, Governmental support and incentives and the future price of silicon. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including risks associated with the company’s ability to successfully negotiate a definitive subcontractor agreement with Jiawei, manufacture and sell its products; uncertainties related to government assistance and incentives; risks from various economic factors such as credit market conditions, fluctuations in currency exchange rates and other risks and uncertainties identified in the company’s filings with the Securities and Exchange Commission. Evergreen Solar disclaims any obligation to update or revise such statements to reflect any change in company expectations, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
Contacts Evergreen Solar, Inc.Michael El-Hillow, 508-251-3311Chief Financial Officerinvestors@evergreensolar.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
MARLBORO, Mass. and WUHAN, China--May 1 2009 --Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon™ solar power products with its proprietary, low-cost silicon wafer technology, today announced it has entered into a frame agreement with Jiawei Solar (Wuhan) Co. and the Wuhan Donghu New Technology Development Zone Management Committee which calls for a significant expansion of String Ribbon wafer manufacturing in Wuhan, China. The parties expect to finalize the terms of the manufacturing relationship over the next 90 days, including obtaining project financing and other approvals and permits, and plan to begin production in the second quarter of 2010.
Under the agreement,
Evergreen Solar will manufacture String Ribbon wafers using its state of the art Quad furnaces at a leased facility being built in Wuhan, China on Jiawei’s campus. Jiawei will process String Ribbon wafers into Evergreen Solar-branded panels on a subcontract basis. Evergreen Solar will reimburse Jiawei for its cell and panel conversion costs, plus subcontractor fee. The actual price paid to Jiawei will be negotiated annually. The Wuhan government will provide, or coordinate with other Chinese governmental agencies, various incentives, including guarantees necessary to obtain third-party bank or other financing. Initial capacity is expected to be approximately 100 MW and the parties intend to expand production capacity to approximately 500 MW by 2012, the timing and extent of which will be determined in 2010. The establishment of our wafer manufacturing facility and the subcontractor relationship with Jiawei remains subject to the satisfaction of certain conditions, including financing, various import/export and construction permits and the negotiation of definitive agreements between Evergreen Solar and Jiawei.
“We are thrilled about our new relationship with Jiawei and the support that we are receiving from the Wuhan Management Committee, said Richard M. Feldt, Chairman, CEO and President. The cost of our 100 MW wafer facility will be between $40 million and $50 million and we will seek financing for about two thirds of that amount, reducing our portion of initial capital required to approximately $15 million to $20 million.
“Combining our unique low-cost String Ribbon wafer manufacturing technology with Jiawei’s proven low cost manufacturing capabilities will result in a compelling value proposition for our customers and the solar industry. At full capacity of about 25 MW per quarter by the end of 2010, we expect that total manufacturing cost of String Ribbon panels produced in China, including Jiawei’s subcontractor fee, will be in the range of $1.40 per watt to $1.50 per watt. As the price of silicon returns to its historic level of about $50 per kilogram and as both companies work together to improve technologies and reduce manufacturing costs, we believe that total manufacturing cost could be reduced to approximately $1.00 per watt by the end of 2012,” Feldt concluded.
Conference Call Information
Management will conduct a conference call at 5:00 p.m. (ET) today to. The call will be webcast live over the Internet and can be accessed by logging on to the "Investors" section of Evergreen Solar's website, www.evergreensolar.com prior to the event.
The call also can be accessed by dialing (877) 704-5378 or (913) 312-1269 (International) prior to the start of the call. For those unable to join the live conference call, a replay will be available from 8:00 p.m. (ET) on April 30 through 8:00 p.m. (ET) on May 7. To access the replay, dial (888) 203-1112 or (719) 457-0820 and refer to confirmation code 5600248.
About Evergreen Solar, Inc.
Evergreen Solar, Inc. develops, manufactures and markets String Ribbon™ solar power products using its proprietary, low-cost silicon wafer technology. The Company's patented wafer manufacturing technology uses significantly less polysilicon than conventional processes. Evergreen Solar's products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com. Evergreen Solar® and String Ribbon™ are trademarks of Evergreen Solar, Inc.
About Jiawei Solar (Wuhan) Co. Ltd., Inc.
Jiawei Solar (Wuhan) Co. Ltd., Inc is a subsidiary of Jiawei Solarchina Co., Ltd. Inc, a fully integrated manufacturer of solar products serving OEM and ODM customers around the world, including SunPower Corporation. Jiawei offers its global customers high performance solar products for a broad range of applications including residential and commercial end-users for off-grid and on- grid applications. The Company is dedicated to providing its world- class customer base with innovation, manufacturing excellence and superior product quality. For more information about Jiawei Solar, please visit www.solarchina.com.hk .
Safe Harbor Statement
This press release contains forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. These statements are based on management’s current expectations or beliefs. Such forward-looking statements include, but are not limited to, those related to expectations regarding the establishment of an Evergreen Solar wafer manufacturing facility in China, finalizing a contract manufacturing relationship with Jiawei Solar (Wuhan) Co., Evergreen Solar’s future manufacturing and product costs, the future capacity of Evergreen Solar’s China-based facilities, Governmental support and incentives and the future price of silicon. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including risks associated with the company’s ability to successfully negotiate a definitive subcontractor agreement with Jiawei, manufacture and sell its products; uncertainties related to government assistance and incentives; risks from various economic factors such as credit market conditions, fluctuations in currency exchange rates and other risks and uncertainties identified in the company’s filings with the Securities and Exchange Commission. Evergreen Solar disclaims any obligation to update or revise such statements to reflect any change in company expectations, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
Contacts Evergreen Solar, Inc.Michael El-Hillow, 508-251-3311Chief Financial Officerinvestors@evergreensolar.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Wednesday, April 29, 2009
Water Stocks Sector Close –Up, Water Stocks Ride the Wave of Market Strength, Nalco (NYSE:NLC) up on Earnings News
Water Stocks Sector Close –Up, Water Stocks Ride the Wave of Market Strength, Nalco (NYSE:NLC) up on Earnings News
POINT ROBERTS, WA and DELTA, BC –April 29, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks trading April 29, 2009.
Nalco (NYSE:NLC) was up on earnings news released yesterday afternoon. According to Nalco’s press release, “Even with difficult economic pressures and negative currency impacts, Nalco (NYSE:NLC - News) delivered solid first quarter revenue, earnings, and free cash flow, aided by strong cost controls.
Organic sales dipped just 3.6 percent as part of a nominal sales decline to $868 million from prior-year first quarter sales of $1 billion. Currency translation effects reduced reported sales by 8.3 percent, with divestitures accounting for the remaining 1.2 percent decline.
The stronger U.S. dollar had a similarly negative impact on earnings. Earnings per share were 17 cents in the first quarter, on net income of $23 million, compared to 20 cents in the first quarter of 2008. Organic net income increased 18 percent.”
Full Release: http://www.investorideas.com/News/042909b.asp
Sector close- up trading April 29, 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $18.47, up $ 0.25 (1.37%) 1:57pm ET
ITT Corporation (NYSE:ITT) trading at $ 42.03, up $1.54 (3.80%) 1:54pm ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $14.17, up $ 0.23 (1.65%) 11:39am ET
Nalco (NYSE:NLC) trading at $15.81, up $1.24 (8.51%) 2:00pm ET
Northwest Pipe (NasdaqGS: NWPX) trading at $38.14, up $0.97 (2.61%) 1:46pm ET
Pentair, Inc. (NYSE: PNR) trading at $26.68, up $0.91 (3.53%) 2:01pm ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $22.79, up 0.02 (0.09%) 2:02pm ET
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.2950, down 0.0150 (4.84%)
PFW Water Fund (PFWAX) trading up .14%
Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Investing in Water Podcast RSS Feed: http://www.investorideas.com/Podcasts/water.xml
Submit water stock news: click here
Marketplace water opportunities for business and investors:
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC –April 29, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks trading April 29, 2009.
Nalco (NYSE:NLC) was up on earnings news released yesterday afternoon. According to Nalco’s press release, “Even with difficult economic pressures and negative currency impacts, Nalco (NYSE:NLC - News) delivered solid first quarter revenue, earnings, and free cash flow, aided by strong cost controls.
Organic sales dipped just 3.6 percent as part of a nominal sales decline to $868 million from prior-year first quarter sales of $1 billion. Currency translation effects reduced reported sales by 8.3 percent, with divestitures accounting for the remaining 1.2 percent decline.
The stronger U.S. dollar had a similarly negative impact on earnings. Earnings per share were 17 cents in the first quarter, on net income of $23 million, compared to 20 cents in the first quarter of 2008. Organic net income increased 18 percent.”
Full Release: http://www.investorideas.com/News/042909b.asp
Sector close- up trading April 29, 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $18.47, up $ 0.25 (1.37%) 1:57pm ET
ITT Corporation (NYSE:ITT) trading at $ 42.03, up $1.54 (3.80%) 1:54pm ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $14.17, up $ 0.23 (1.65%) 11:39am ET
Nalco (NYSE:NLC) trading at $15.81, up $1.24 (8.51%) 2:00pm ET
Northwest Pipe (NasdaqGS: NWPX) trading at $38.14, up $0.97 (2.61%) 1:46pm ET
Pentair, Inc. (NYSE: PNR) trading at $26.68, up $0.91 (3.53%) 2:01pm ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $22.79, up 0.02 (0.09%) 2:02pm ET
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.2950, down 0.0150 (4.84%)
PFW Water Fund (PFWAX) trading up .14%
Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Investing in Water Podcast RSS Feed: http://www.investorideas.com/Podcasts/water.xml
Submit water stock news: click here
Marketplace water opportunities for business and investors:
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Tuesday, April 28, 2009
Solar Stocks News- SunPower Announces Offerings of 9,000,000 Shares of Class A Common Stock and $175 Million of Senior Convertible Debentures
Solar Stocks News- SunPower Announces Offerings of 9,000,000 Shares of Class A Common Stock and $175 Million of Senior Convertible Debentures
SAN JOSE, Calif., April 27 -- SunPower Corporation (Nasdaq: SPWRA; SPWRB), a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, today announced that it intends to offer 9,000,000 shares of class A common stock and $175 million aggregate principal amount of senior convertible debentures due 2014, in underwritten registered public offerings. In connection with these offerings, SunPower intends to grant the underwriters an overallotment option with respect to an additional 1,350,000 shares of class A common stock and an additional $26.25 million aggregate principal amount of senior convertible debentures. Based on the closing price of SunPower's class A common stock on The Nasdaq Global Select Market on April 24, 2009, the offerings (without giving effect to any exercise of the overallotment options) are expected to result in aggregate gross proceeds of approximately $400 million.
The debentures will be convertible into shares of SunPower's class A common stock. The interest rate, conversion rate, conversion price and other terms of the debentures will be determined at the time of the pricing of the offering. The debentures will be senior, unsecured obligations, ranking equally with all existing and future senior unsecured indebtedness of SunPower. The debentures will be effectively subordinated to the company's secured indebtedness to the extent of the value of the related collateral and structurally subordinated to indebtedness and other liabilities of SunPower's subsidiaries.
Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offerings.
In connection with the offering of senior convertible debentures, SunPower plans to enter into convertible debenture hedge and warrant transactions with affiliates of certain of the underwriters. The convertible debenture hedge transactions are intended to reduce the potential dilution upon conversion of the senior convertible debentures. SunPower expects that the counterparties will enter into various over-the-counter derivative transactions with respect to SunPower's class A common stock concurrently with, or shortly after, the pricing of the senior convertible debenture offering and may unwind or enter into various over-the-counter derivatives and/or purchase SunPower's class A common stock in secondary market transactions following the pricing of the senior convertible debenture offering. These activities could have the effect of increasing or preventing a decline in the price of SunPower's class A common stock concurrently with or following the pricing of the senior convertible debenture offering.
SunPower intends to use approximately $20 million to $22 million of the proceeds from these offerings to pay the cost of these convertible debenture hedge and warrant transactions. The company also intends to use the remaining net proceeds for general corporate purposes, including working capital and capital expenditures. From time to time, SunPower will evaluate potential acquisitions and strategic transactions of business, technologies, or products, and may use a portion of the net proceeds for such acquisitions or transactions. Currently, however, the company does not have any agreements with respect to any such material acquisitions or strategic transactions. If the underwriters exercise their overallotment option with respect to the senior convertible debentures, SunPower intends to use a portion of the proceeds therefrom to increase the size of the convertible note hedge transactions and for general corporate purposes, and may also sell additional warrants.
SunPower may use a portion of the proceeds from these offerings to repurchase some of its outstanding 1.25% debentures or 0.75% debentures. The company expects that holders of its outstanding 1.25% debentures or 0.75% debentures from whom it may repurchase such debentures (which holders may include one or more of the underwriters), may have outstanding short hedge positions in its class A common stock relating to such debentures. Upon repurchase, SunPower expects that such holders will unwind or offset those hedge positions by purchasing class A common stock in secondary market transactions, including purchases in the open market, and/or entering into various derivative transactions with respect to our class A common stock. These activities could have the effect of increasing, or preventing a decline in, the market price of our class A common stock. The effect, if any, of any of these transactions and activities on the market price of its class A common stock or the debentures will depend in part on market conditions and cannot be ascertained at this time, but may be material.
The closing of each offering is not contingent on the closing of the other.
A registration statement has been filed, and a separate preliminary prospectus supplement for each of the class A common stock and senior convertible debenture offerings will be filed, with the Securities and Exchange Commission, to which this communication relates. Prospective investors should read the applicable preliminary prospectus supplement and accompanying prospectus included in that registration statement and other documents SunPower has filed with the SEC for more complete information about the company and these offerings. These documents are available at no charge by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the prospectus, the class A common stock prospectus supplement and the senior convertible debenture prospectus supplement may be obtained from Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010, (tel): 1 800-221-1037 and/or Deutsche Bank Securities Inc. Attention: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, (tel): 1 800-503-4611.
This announcement is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The offerings of these securities will be made only by means of applicable prospectus supplements and the related prospectus. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the registration statement, the prospectus contained therein or the applicable prospectus supplement.
NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the offerings (including the size of the offerings and whether the offerings will be completed), the use of proceeds from the offerings, and the effects of the related debenture hedge and warrant transactions (including their effect on our stock price and whether the hedge and warrant transactions will be completed). Forward-looking statements are statements that do not represent historical facts. We use words such as "may," "will," "should," "could," "would," "expect," "anticipated," "believe," "estimate," "predict," "potential," "continue" and similar expressions to identify forward-looking statements. These forward-looking statements involve risks and uncertainties. Factors that could cause actual events to differ materially from those predicted in such forward-looking statements include market conditions, the behavior of our hedge counterparties, potential fluctuations in SunPower's stock price, management's broad discretion over the use of the net proceeds of the offering, or changes in U.S. generally accepted accounting principles or in their interpretation. Certain of these risks and others are detailed from time to time in SunPower's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K for the year ended December 28, 2008 and its quarterly report on Form 10-Q for the quarter ended March 29, 2009.
SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.
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SAN JOSE, Calif., April 27 -- SunPower Corporation (Nasdaq: SPWRA; SPWRB), a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, today announced that it intends to offer 9,000,000 shares of class A common stock and $175 million aggregate principal amount of senior convertible debentures due 2014, in underwritten registered public offerings. In connection with these offerings, SunPower intends to grant the underwriters an overallotment option with respect to an additional 1,350,000 shares of class A common stock and an additional $26.25 million aggregate principal amount of senior convertible debentures. Based on the closing price of SunPower's class A common stock on The Nasdaq Global Select Market on April 24, 2009, the offerings (without giving effect to any exercise of the overallotment options) are expected to result in aggregate gross proceeds of approximately $400 million.
The debentures will be convertible into shares of SunPower's class A common stock. The interest rate, conversion rate, conversion price and other terms of the debentures will be determined at the time of the pricing of the offering. The debentures will be senior, unsecured obligations, ranking equally with all existing and future senior unsecured indebtedness of SunPower. The debentures will be effectively subordinated to the company's secured indebtedness to the extent of the value of the related collateral and structurally subordinated to indebtedness and other liabilities of SunPower's subsidiaries.
Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offerings.
In connection with the offering of senior convertible debentures, SunPower plans to enter into convertible debenture hedge and warrant transactions with affiliates of certain of the underwriters. The convertible debenture hedge transactions are intended to reduce the potential dilution upon conversion of the senior convertible debentures. SunPower expects that the counterparties will enter into various over-the-counter derivative transactions with respect to SunPower's class A common stock concurrently with, or shortly after, the pricing of the senior convertible debenture offering and may unwind or enter into various over-the-counter derivatives and/or purchase SunPower's class A common stock in secondary market transactions following the pricing of the senior convertible debenture offering. These activities could have the effect of increasing or preventing a decline in the price of SunPower's class A common stock concurrently with or following the pricing of the senior convertible debenture offering.
SunPower intends to use approximately $20 million to $22 million of the proceeds from these offerings to pay the cost of these convertible debenture hedge and warrant transactions. The company also intends to use the remaining net proceeds for general corporate purposes, including working capital and capital expenditures. From time to time, SunPower will evaluate potential acquisitions and strategic transactions of business, technologies, or products, and may use a portion of the net proceeds for such acquisitions or transactions. Currently, however, the company does not have any agreements with respect to any such material acquisitions or strategic transactions. If the underwriters exercise their overallotment option with respect to the senior convertible debentures, SunPower intends to use a portion of the proceeds therefrom to increase the size of the convertible note hedge transactions and for general corporate purposes, and may also sell additional warrants.
SunPower may use a portion of the proceeds from these offerings to repurchase some of its outstanding 1.25% debentures or 0.75% debentures. The company expects that holders of its outstanding 1.25% debentures or 0.75% debentures from whom it may repurchase such debentures (which holders may include one or more of the underwriters), may have outstanding short hedge positions in its class A common stock relating to such debentures. Upon repurchase, SunPower expects that such holders will unwind or offset those hedge positions by purchasing class A common stock in secondary market transactions, including purchases in the open market, and/or entering into various derivative transactions with respect to our class A common stock. These activities could have the effect of increasing, or preventing a decline in, the market price of our class A common stock. The effect, if any, of any of these transactions and activities on the market price of its class A common stock or the debentures will depend in part on market conditions and cannot be ascertained at this time, but may be material.
The closing of each offering is not contingent on the closing of the other.
A registration statement has been filed, and a separate preliminary prospectus supplement for each of the class A common stock and senior convertible debenture offerings will be filed, with the Securities and Exchange Commission, to which this communication relates. Prospective investors should read the applicable preliminary prospectus supplement and accompanying prospectus included in that registration statement and other documents SunPower has filed with the SEC for more complete information about the company and these offerings. These documents are available at no charge by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the prospectus, the class A common stock prospectus supplement and the senior convertible debenture prospectus supplement may be obtained from Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010, (tel): 1 800-221-1037 and/or Deutsche Bank Securities Inc. Attention: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, (tel): 1 800-503-4611.
This announcement is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The offerings of these securities will be made only by means of applicable prospectus supplements and the related prospectus. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the registration statement, the prospectus contained therein or the applicable prospectus supplement.
NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the offerings (including the size of the offerings and whether the offerings will be completed), the use of proceeds from the offerings, and the effects of the related debenture hedge and warrant transactions (including their effect on our stock price and whether the hedge and warrant transactions will be completed). Forward-looking statements are statements that do not represent historical facts. We use words such as "may," "will," "should," "could," "would," "expect," "anticipated," "believe," "estimate," "predict," "potential," "continue" and similar expressions to identify forward-looking statements. These forward-looking statements involve risks and uncertainties. Factors that could cause actual events to differ materially from those predicted in such forward-looking statements include market conditions, the behavior of our hedge counterparties, potential fluctuations in SunPower's stock price, management's broad discretion over the use of the net proceeds of the offering, or changes in U.S. generally accepted accounting principles or in their interpretation. Certain of these risks and others are detailed from time to time in SunPower's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K for the year ended December 28, 2008 and its quarterly report on Form 10-Q for the quarter ended March 29, 2009.
SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.
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Thursday, April 23, 2009
T. Boone Pickens Applauds California’s Adoption of Low Carbon Fuel Standard
T. Boone Pickens Applauds California’s Adoption of Low Carbon Fuel Standard
Dallas—April 23, 2009 – T. Boone Pickens offered the following comment on today’s adoption of the nation’s first Low Carbon Fuel Standard (LCFS) in California:
“I am very supportive of the California Air Resources Board’s Low Carbon Fuel Standard adopted today. It will greatly reduce our dependency on foreign oil by promoting alternative fuels that are low in carbon, such as natural gas and biomethane, into the market. Reducing greenhouse gases and harmful pollutants is the right step to take for our health, our economy and our security. .
Making the best use of our abundant domestic energy resources such as natural gas to replace imported oil is a major component of the Pickens Plan. The LCFS—a market-driven effort that requires no taxpayer dollars—gives consumers greater choice to buy American at the pump.”
About the Pickens Plan
Unveiled on July 8, 2008 by T. Boone Pickens, the Pickens Plan is a detailed solution for ending the United States’ growing dependence on foreign oil. Earlier in 2008, when oil prices reached $140/barrel, America was spending about $700 billion for foreign oil, equaling the greatest transfer of wealth in human history. That figure has decreased some while oil prices have retreated, but the U.S. is still dependent on foreign nations for nearly 70 percent of its oil, representing a continuing national economic and national security threat. The plan calls for investing in power generation from domestic renewable resources such as wind and using our abundant supplies of natural gas as a transportation fuel, replacing more than one-third of our imported oil.
More than 1,500,000 people have joined the Pickens Army through the website www.pickensplan.com , which has had over 15,000,000 hits.
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Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
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Dallas—April 23, 2009 – T. Boone Pickens offered the following comment on today’s adoption of the nation’s first Low Carbon Fuel Standard (LCFS) in California:
“I am very supportive of the California Air Resources Board’s Low Carbon Fuel Standard adopted today. It will greatly reduce our dependency on foreign oil by promoting alternative fuels that are low in carbon, such as natural gas and biomethane, into the market. Reducing greenhouse gases and harmful pollutants is the right step to take for our health, our economy and our security. .
Making the best use of our abundant domestic energy resources such as natural gas to replace imported oil is a major component of the Pickens Plan. The LCFS—a market-driven effort that requires no taxpayer dollars—gives consumers greater choice to buy American at the pump.”
About the Pickens Plan
Unveiled on July 8, 2008 by T. Boone Pickens, the Pickens Plan is a detailed solution for ending the United States’ growing dependence on foreign oil. Earlier in 2008, when oil prices reached $140/barrel, America was spending about $700 billion for foreign oil, equaling the greatest transfer of wealth in human history. That figure has decreased some while oil prices have retreated, but the U.S. is still dependent on foreign nations for nearly 70 percent of its oil, representing a continuing national economic and national security threat. The plan calls for investing in power generation from domestic renewable resources such as wind and using our abundant supplies of natural gas as a transportation fuel, replacing more than one-third of our imported oil.
More than 1,500,000 people have joined the Pickens Army through the website www.pickensplan.com , which has had over 15,000,000 hits.
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Invitation to Public Companies in Renewable Energy, Water, and Environment to Participate in Investor Content at Investorideas.com – one of the first
Invitation to Public Companies in Renewable Energy, Water, and Environment to Participate in Investor Content at Investorideas.com – one of the first investor research resources covering the sectors
Delta B.C., April 24, 2009 - www.InvestorIdeas.com, a leading global investor and industry research portal invites investor content participation from public companies in the green sector.
We would like to introduce, if you are not already familiar with Investorideas.com and our green investor portals within our hub- www.Environmentstocks.com, www.Water-stocks.com,
www.Renewablenergystocks.com and www.Fuelcellcarnews.com.
Investorideas.com was one of the first investor portals covering the renewable energy and water sectors. Our sites attract a global audience of green investors from small retail investors to a more sophisticated list of media, funds, analysts, brokers and industry leaders.
Our site connects you to an audience specifically searching for green investing options. From our stock directories, to news, articles and company showcases, investors can use our site to make their own investment decisions.
We invite you to be part of our green investor content:
Green Public Company and Business Services
Renewable Energy Stocks, Water and Green Stocks Investor Awareness - click here
Submit Green News and Press Releases online - click here
Submit Green Industry Articles and White Papers - Free – click here
Send us Your company description for our stock directories- Free- email us click here Submit Company Profile Online- click here
Green Company Showcase - click here
Global Green Marketplace - click here
Green Text Links Online –click here
Green Ads - click here
About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Dawn L. Van Zant - PresidentToll Free: (800) 665-0411Email dvanzant@investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Delta B.C., April 24, 2009 - www.InvestorIdeas.com, a leading global investor and industry research portal invites investor content participation from public companies in the green sector.
We would like to introduce, if you are not already familiar with Investorideas.com and our green investor portals within our hub- www.Environmentstocks.com, www.Water-stocks.com,
www.Renewablenergystocks.com and www.Fuelcellcarnews.com.
Investorideas.com was one of the first investor portals covering the renewable energy and water sectors. Our sites attract a global audience of green investors from small retail investors to a more sophisticated list of media, funds, analysts, brokers and industry leaders.
Our site connects you to an audience specifically searching for green investing options. From our stock directories, to news, articles and company showcases, investors can use our site to make their own investment decisions.
We invite you to be part of our green investor content:
Green Public Company and Business Services
Renewable Energy Stocks, Water and Green Stocks Investor Awareness - click here
Submit Green News and Press Releases online - click here
Submit Green Industry Articles and White Papers - Free – click here
Send us Your company description for our stock directories- Free- email us click here Submit Company Profile Online- click here
Green Company Showcase - click here
Global Green Marketplace - click here
Green Text Links Online –click here
Green Ads - click here
About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Dawn L. Van Zant - PresidentToll Free: (800) 665-0411Email dvanzant@investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
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