Canada's Largest Solar Farm Opens in Ontario Stone Mills Project Helps Province Become North American Solar Leader
TORONTO-- October 19 2009 - Canada's largest solar farm is now producing power in the township of Stone Mills, near Napanee - paving the way for Ontario to become a solar power leader in North America.
This new green energy supply will help support Ontario's elimination of dirty, coal-fired generation, which is Canada's single largest climate change initiative. With two more large solar projects expected to come on line by the end of 2009, Ontario will join the elite ranks of North America's leaders in installed solar capacity.
First Light Solar Park - currently the largest-scale commercial solar farm operation in Canada - is a joint venture between SkyPower Corp. and SunEdison Canada. With more than 126,000 solar panels spanning across 90 acres, this farm is expected to generate more than 10 million kilowatt hours (kWh) of renewable electricity in its first year -- enough to power 10,000 households.
Since October 2003, Ontario has added more than 1,200 megawatts of new, renewable generation, including more than 150 solar projects of varying sizes, including residential systems and small arrays on commercial buildings, institutions and schools.
"Ontario is proud of this milestone project and we look forward to more solar success stories because of the Green Energy Act. We are committed to getting more green energy online and bringing more green collar jobs to communities across the province," said George Smitherman, Deputy Premier and Minister of Energy and Infrastructure.
"We are grateful for the support of the Government of Ontario, the local community, the Ontario Power Authority and Hydro One, which have all helped make First Light a reality. Working together, we have developed a progressive model for the delivery of clean, renewable energy in Ontario and look forward to many more exciting projects like this," said Kerry Adler, Chief Executive Officer of SkyPower.
QUICK FACTS
•First Light employed more than 100 people during construction. The facility has a 20-year contract with the Ontario Power Authority for 9 megawatts of capacity. •The First Light facility is using inverters supplied by Burlington, Ontario-based SatCon. •If projects come online as expected, Ontario is on pace to increase its solar capacity nearly 25-fold in the last four months of this year alone.
Contacts BlissPRRebecca Neufeld, (718) 725-7357Account Executiverebecca@blisspr.comorMinistry of Economic Development and TradeRay Lancashire, (416) 326-1608Media Relations, Invest Ontarioray.lancashire@ontario.ca
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Monday, October 19, 2009
Solar News - Ormat Signs (NYSE: ORA) Joint Venture Agreement for Solar (PV) Power Systems
Solar News - Ormat Signs (NYSE: ORA) Joint Venture Agreement for Solar (PV) Power Systems
RENO, Nevada, Oct. 19 2009 -- Ormat Technologies, Inc. (NYSE: ORA), announced today that its Israeli subsidiary, Ormat Systems Ltd., has signed a Joint Venture Agreement ("JVA") with Sunday Energy Ltd. ("Sunday"), an Israeli private company to develop, construct and operate solar-photovoltaic ("PV") energy systems in Israel with a total capacity of 36 MW.
Under the JVA, Sunday will contribute the rights to all of its property and roofs required to develop solar energy systems above 1 MW to special purpose entities ("SPEs"). Ormat will own 70% of each SPE and will also have control of it. Under the terms of the agreement, Ormat and Sunday will act, jointly, as the EPC contractor and the operator of each project in accordance with each company share in the SPEs .
The estimated capital expenditure for 36 MW of solar power systems is approximately $195 million. The electricity generated from the projects will be sold to Israel Electric Corporation Ltd. under long-term power purchase agreements (20 years) and will generate approximately $30 million in annual revenues. The SPEs expect to finance their capital expenditure with 80% Non-Recourse project finance debt.
Ormat has more than four decades of experience in the development, construction, financing and operation of hundreds of megawatts of renewable energy projects world-wide, while Sunday is one of the leading developers in the Israeli solar PV market has the know-how in the design of solar systems using photovoltaic modules from various suppliers and the capabilities to obtain the necessary regulatory permits for construction and interconnection to the local grid.
Prior to entering into this JVA, Ormat has entered into an agreement with Sunday for the construction of a solar system for up to 1 MW on the roofs of its manufacturing facilities located in Israel. The first system with a capacity of 50 kW has been installed and connected to the grid since August 2009.
The joint venture represents Ormat's commercial entry into the solar energy market and its first major devotement in the solar photovoltaic market in Israel.
Lucien Y. Bronicki, Chairman of the Board and Chief Technology Officer of Ormat Technologies, said, "Ormat's commercial activity in the solar energy market is part of a strategic plan to be a leading player in renewable energy. We have a long, rich history in renewable energy that includes activity in solar energy that we believe we can leverage to bring unique benefits to this project. Our connection to solar energy goes back over 30 years to the solar pond project that we developed between 1977 and 1984. Our work on the solar pond created the technological foundation for our geothermal technology, which today positions Ormat as the industry leader. We are pleased to finally add an Israeli solar installation, to the current 1,200 MW of Geothermal and Recovered Energy power plants that Ormat has installed throughout the years. We are looking at this joint venture as an attractive business opportunity derived by the reduction in solar PV modules prices and the increase in their supply on one hand and the expected Israeli feed-in tariff for large solar PV systems on the other hand."
About Ormat Technologies
Ormat Technologies, Inc. is the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, owns and operates geothermal and recovered energy-based power plants around the world. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power-generating equipment, and provides related services. The Company has more than four decades of experience in the development of environmentally-sound power, primarily in geothermal and recovered-energy generation. Ormat products and systems are covered by 75 U.S. patents. Ormat has built over approximately 1,200 MW of plants half for its own account and half as supplies to utilities and developers. Ormat's current generating portfolio includes the following geothermal and recovered energy-based power plants: in the United States - Brady, Heber, Mammoth, Ormesa, Puna, Steamboat, OREG 1, OREG 2 and Peetz; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria; in Nicaragua - Momotombo and in New Zealand - GDL.
Ormat's Safe Harbor Statement
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 2, 2009.
These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
News & Stories Published at Clean Energy Stocks Blog.
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Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory
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RENO, Nevada, Oct. 19 2009 -- Ormat Technologies, Inc. (NYSE: ORA), announced today that its Israeli subsidiary, Ormat Systems Ltd., has signed a Joint Venture Agreement ("JVA") with Sunday Energy Ltd. ("Sunday"), an Israeli private company to develop, construct and operate solar-photovoltaic ("PV") energy systems in Israel with a total capacity of 36 MW.
Under the JVA, Sunday will contribute the rights to all of its property and roofs required to develop solar energy systems above 1 MW to special purpose entities ("SPEs"). Ormat will own 70% of each SPE and will also have control of it. Under the terms of the agreement, Ormat and Sunday will act, jointly, as the EPC contractor and the operator of each project in accordance with each company share in the SPEs .
The estimated capital expenditure for 36 MW of solar power systems is approximately $195 million. The electricity generated from the projects will be sold to Israel Electric Corporation Ltd. under long-term power purchase agreements (20 years) and will generate approximately $30 million in annual revenues. The SPEs expect to finance their capital expenditure with 80% Non-Recourse project finance debt.
Ormat has more than four decades of experience in the development, construction, financing and operation of hundreds of megawatts of renewable energy projects world-wide, while Sunday is one of the leading developers in the Israeli solar PV market has the know-how in the design of solar systems using photovoltaic modules from various suppliers and the capabilities to obtain the necessary regulatory permits for construction and interconnection to the local grid.
Prior to entering into this JVA, Ormat has entered into an agreement with Sunday for the construction of a solar system for up to 1 MW on the roofs of its manufacturing facilities located in Israel. The first system with a capacity of 50 kW has been installed and connected to the grid since August 2009.
The joint venture represents Ormat's commercial entry into the solar energy market and its first major devotement in the solar photovoltaic market in Israel.
Lucien Y. Bronicki, Chairman of the Board and Chief Technology Officer of Ormat Technologies, said, "Ormat's commercial activity in the solar energy market is part of a strategic plan to be a leading player in renewable energy. We have a long, rich history in renewable energy that includes activity in solar energy that we believe we can leverage to bring unique benefits to this project. Our connection to solar energy goes back over 30 years to the solar pond project that we developed between 1977 and 1984. Our work on the solar pond created the technological foundation for our geothermal technology, which today positions Ormat as the industry leader. We are pleased to finally add an Israeli solar installation, to the current 1,200 MW of Geothermal and Recovered Energy power plants that Ormat has installed throughout the years. We are looking at this joint venture as an attractive business opportunity derived by the reduction in solar PV modules prices and the increase in their supply on one hand and the expected Israeli feed-in tariff for large solar PV systems on the other hand."
About Ormat Technologies
Ormat Technologies, Inc. is the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, owns and operates geothermal and recovered energy-based power plants around the world. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power-generating equipment, and provides related services. The Company has more than four decades of experience in the development of environmentally-sound power, primarily in geothermal and recovered-energy generation. Ormat products and systems are covered by 75 U.S. patents. Ormat has built over approximately 1,200 MW of plants half for its own account and half as supplies to utilities and developers. Ormat's current generating portfolio includes the following geothermal and recovered energy-based power plants: in the United States - Brady, Heber, Mammoth, Ormesa, Puna, Steamboat, OREG 1, OREG 2 and Peetz; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria; in Nicaragua - Momotombo and in New Zealand - GDL.
Ormat's Safe Harbor Statement
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 2, 2009.
These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory
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Tuesday, October 13, 2009
Raytheon (NYSE: RTN) Announces New Greenhouse Gas Reduction Goal
Raytheon (NYSE: RTN) Announces New Greenhouse Gas Reduction Goal
WALTHAM, Mass., Oct. 13, 2009 Raytheon Company (NYSE: RTN) is continuing its commitment to sustainability and the environment this Energy Awareness Month by announcing a new greenhouse gas (GHG) emission reduction goal.
As an industry partner in the U.S. Environmental Protection Agency's voluntary Climate Leaders program, Raytheon pledges to reduce its absolute U.S. emissions by 10 percent between 2008 and 2015. Climate Leaders is the country's largest GHG goal-setting program.
This new goal builds upon Raytheon having successfully achieved its first GHG goal. In 2002, as a charter Climate Leaders partner, Raytheon pledged to reduce GHG emissions from its U.S. operations by 33 percent between 2002 and 2009, normalized for revenue and adjusted for inflation. Raytheon not only met but exceeded its reduction goal one year ahead of schedule. By the end of 2008, the company had reduced its emissions by 38 percent normalized for revenue and adjusted for inflation. This reduction equates to 275,000 metric tons of greenhouse gas emissions avoided cumulatively between 2002 and 2008, equivalent to the emissions from electricity use of 36,400 homes for a year.
To achieve the goal, Raytheon implemented an aggressive energy conservation program, because approximately 90 percent of its greenhouse gas emissions are energy-related. Raytheon completed hundreds of energy conservation-efficiency projects such as upgrading chillers, boilers, and heating, ventilation, air conditioning (HVAC) systems; installing high-efficiency and sensor-controlled lighting; converting to variable-speed drives for motors, pumps and fans; improving the efficiency of computing operations both in data centers and throughout the workplace; and upgrading to state-of-the-art automated energy management and control systems.
Raytheon's energy reduction program has been recognized by EPA's ENERGY STAR Program five times in the last nine years, including the prestigious award for "Sustained Excellence in Energy Management" in 2008 and 2009.
Raytheon employees have also contributed significantly to the energy conservation efforts. The company has established a network of Energy Champions who help identify reduction opportunities and encourage other employees to shut down equipment when not in use. Complementing these efforts is the enterprise-wide Energy Citizens campaign, which engages employees in the company's energy conservation efforts. More than 24,000 Raytheon employees have already qualified as Energy Citizens this year.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: Rashi Ratan 703.284.4328
SOURCE Raytheon Company
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory
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WALTHAM, Mass., Oct. 13, 2009 Raytheon Company (NYSE: RTN) is continuing its commitment to sustainability and the environment this Energy Awareness Month by announcing a new greenhouse gas (GHG) emission reduction goal.
As an industry partner in the U.S. Environmental Protection Agency's voluntary Climate Leaders program, Raytheon pledges to reduce its absolute U.S. emissions by 10 percent between 2008 and 2015. Climate Leaders is the country's largest GHG goal-setting program.
This new goal builds upon Raytheon having successfully achieved its first GHG goal. In 2002, as a charter Climate Leaders partner, Raytheon pledged to reduce GHG emissions from its U.S. operations by 33 percent between 2002 and 2009, normalized for revenue and adjusted for inflation. Raytheon not only met but exceeded its reduction goal one year ahead of schedule. By the end of 2008, the company had reduced its emissions by 38 percent normalized for revenue and adjusted for inflation. This reduction equates to 275,000 metric tons of greenhouse gas emissions avoided cumulatively between 2002 and 2008, equivalent to the emissions from electricity use of 36,400 homes for a year.
To achieve the goal, Raytheon implemented an aggressive energy conservation program, because approximately 90 percent of its greenhouse gas emissions are energy-related. Raytheon completed hundreds of energy conservation-efficiency projects such as upgrading chillers, boilers, and heating, ventilation, air conditioning (HVAC) systems; installing high-efficiency and sensor-controlled lighting; converting to variable-speed drives for motors, pumps and fans; improving the efficiency of computing operations both in data centers and throughout the workplace; and upgrading to state-of-the-art automated energy management and control systems.
Raytheon's energy reduction program has been recognized by EPA's ENERGY STAR Program five times in the last nine years, including the prestigious award for "Sustained Excellence in Energy Management" in 2008 and 2009.
Raytheon employees have also contributed significantly to the energy conservation efforts. The company has established a network of Energy Champions who help identify reduction opportunities and encourage other employees to shut down equipment when not in use. Complementing these efforts is the enterprise-wide Energy Citizens campaign, which engages employees in the company's energy conservation efforts. More than 24,000 Raytheon employees have already qualified as Energy Citizens this year.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact: Rashi Ratan 703.284.4328
SOURCE Raytheon Company
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Monday, October 12, 2009
Solar Stock XsunX Inc (OTCBB:XSNX) .: Rated 'Speculative Buy,' Target Price $2.90 by Beacon Equity Research
XsunX Inc.: Rated 'Speculative Buy,' Target Price $2.90 by Beacon Equity Research
XSUNX Inc. DALLAS-XsunX Inc. (OTCBB: XSNX - News) has been rated Speculative Buy with a price target of $2.90 by Beacon Analyst, Lisa Springer, CFA.
The full report is available at www.beaconequity.com
Anyone interested in receiving alerts regarding XSNX research should e-mail members@beaconequity.com with “XSNX” in the subject line.
In the report, the analyst writes, “The Company is currently focusing its development efforts on designing an efficient evaporation source for use in commercial-scale manufacturing of CIGS layers. These design and engineering efforts began in April 2009. XSNX anticipates performing tests of evaporation source designs and adapting these sources to HDD equipment over the next nine to 10 months.
“XSNX’s new technology may produce a replacement for silicon wafers – roughly 80% of solar panels are silicon-based – at half the cost. The Company’s CIGS wafers could be integrated into solar panels, adapted to a variety of building materials and even used in consumer products.”
Other comparable companies involved in solar module manufacturing and technology include: DayStar Technologies Inc. (Nasdaq: DSTI - News), Suntech Power Holdings Co. Ltd. (NYSE: STP - News), JA Solar Holdings Co. Ltd. (Nasdaq: JASO - News) and First Solar Inc. (Nasdaq: FSLR - News).
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BlueWave Advisors LLC has been compensated nine hundred thousand Restricted Rule 144 shares directly from XsunX as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts; BlueWave Advisors has been previously compensated a total of seventy five thousand dollars for contracts, which have expired. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.
Contact:BeaconEquity.comJeff Bishop, 469-252-3505press@beaconequity.comwww.BeaconEquity.comorXsunX Inc.
Vanessa Watkin, 888-797-4527investors@xsunx.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at Investorideas.com
Investorideas Disclaimer and Disclosure : XSNX was a previous showcase company
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XSUNX Inc. DALLAS-XsunX Inc. (OTCBB: XSNX - News) has been rated Speculative Buy with a price target of $2.90 by Beacon Analyst, Lisa Springer, CFA.
The full report is available at www.beaconequity.com
Anyone interested in receiving alerts regarding XSNX research should e-mail members@beaconequity.com with “XSNX” in the subject line.
In the report, the analyst writes, “The Company is currently focusing its development efforts on designing an efficient evaporation source for use in commercial-scale manufacturing of CIGS layers. These design and engineering efforts began in April 2009. XSNX anticipates performing tests of evaporation source designs and adapting these sources to HDD equipment over the next nine to 10 months.
“XSNX’s new technology may produce a replacement for silicon wafers – roughly 80% of solar panels are silicon-based – at half the cost. The Company’s CIGS wafers could be integrated into solar panels, adapted to a variety of building materials and even used in consumer products.”
Other comparable companies involved in solar module manufacturing and technology include: DayStar Technologies Inc. (Nasdaq: DSTI - News), Suntech Power Holdings Co. Ltd. (NYSE: STP - News), JA Solar Holdings Co. Ltd. (Nasdaq: JASO - News) and First Solar Inc. (Nasdaq: FSLR - News).
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BlueWave Advisors LLC has been compensated nine hundred thousand Restricted Rule 144 shares directly from XsunX as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts; BlueWave Advisors has been previously compensated a total of seventy five thousand dollars for contracts, which have expired. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.
Contact:BeaconEquity.comJeff Bishop, 469-252-3505press@beaconequity.comwww.BeaconEquity.comorXsunX Inc.
Vanessa Watkin, 888-797-4527investors@xsunx.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at Investorideas.com
Investorideas Disclaimer and Disclosure : XSNX was a previous showcase company
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Friday, October 09, 2009
How to Get your Green Business Funded
How to Get your Green Business Funded
POINT ROBERTS, Wash., Delta B.C., October 9, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment and water provides tips and resources for green and cleantech companies seeking funding.
A recent report on funding from the The Cleantech Group at the beginning of October announced preliminary 3Q09 results for clean technology venture investments in North America, Europe, China and India totaling $1.59 billion across 134 companies.
Government funding and tax incentives were key to enabling growth in the sector.
Read full cleantech funding report:
The Investor Ideas Marketplace is fast becoming a global meeting place and exchange for businesses and investors, with a primary focus on green and cleantech. Based on feedback and insight from both perspectives, Investorideas.com shares the following feedback to achieve stronger results:
Recent Feedback and Comments:
“ Make sure the executive summary is specific to the company and compelling – not just a bunch of general market data and statistics”
“ Companies with existing revenue or contracts have preference “
“ We are looking for disruptive technology plays”
“ Have a realistic valuation on your company based on today’s market”
“ Be clear about what differentiates you in the marketplace “
“ Shovel ready projects with permits in place have stronger funding ability”
Investorideas.com also notes that several of the funding groups are looking for companies that are pre-IPO with going public as a possible exit strategy.
For green businesses seeking funding Investor Ideas has created tools to help and accelerate the process internally with the Global Green Fund and Venture Capital Directory .The green funding directory, available in PDF has close to 500 contacts including global green funds, VC, Private Equity, Investors and Investment Banking firms. The directory will be updated and added to each month as new companies enter the sector.
The Investor Ideas Marketplace is another option for companies seeking funding or strategic partners to invest in their business. Companies can gain exposure by online advertising starting as little as $100 with a text link or more publicity by publishing company news and press releases. If the right company reads your press releases it can result in investment inquiries.
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 and sign up to view the private access link or to have your company added:
Green Investors - Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets Become an InvestorIdeas.com member
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.
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.
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.
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
POINT ROBERTS, Wash., Delta B.C., October 9, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment and water provides tips and resources for green and cleantech companies seeking funding.
A recent report on funding from the The Cleantech Group at the beginning of October announced preliminary 3Q09 results for clean technology venture investments in North America, Europe, China and India totaling $1.59 billion across 134 companies.
Government funding and tax incentives were key to enabling growth in the sector.
Read full cleantech funding report:
The Investor Ideas Marketplace is fast becoming a global meeting place and exchange for businesses and investors, with a primary focus on green and cleantech. Based on feedback and insight from both perspectives, Investorideas.com shares the following feedback to achieve stronger results:
Recent Feedback and Comments:
“ Make sure the executive summary is specific to the company and compelling – not just a bunch of general market data and statistics”
“ Companies with existing revenue or contracts have preference “
“ We are looking for disruptive technology plays”
“ Have a realistic valuation on your company based on today’s market”
“ Be clear about what differentiates you in the marketplace “
“ Shovel ready projects with permits in place have stronger funding ability”
Investorideas.com also notes that several of the funding groups are looking for companies that are pre-IPO with going public as a possible exit strategy.
For green businesses seeking funding Investor Ideas has created tools to help and accelerate the process internally with the Global Green Fund and Venture Capital Directory .The green funding directory, available in PDF has close to 500 contacts including global green funds, VC, Private Equity, Investors and Investment Banking firms. The directory will be updated and added to each month as new companies enter the sector.
The Investor Ideas Marketplace is another option for companies seeking funding or strategic partners to invest in their business. Companies can gain exposure by online advertising starting as little as $100 with a text link or more publicity by publishing company news and press releases. If the right company reads your press releases it can result in investment inquiries.
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 and sign up to view the private access link or to have your company added:
Green Investors - Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets Become an InvestorIdeas.com member
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.
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.
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.
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Thursday, October 08, 2009
Investorideas.com Water Stocks Index Published on Socially Responsible Website, Investinwhoyouare.com
Water Stocks Sector Close –Up on Publicly Traded Water Stocks from the Investorideas.com Water Stocks Index
Investorideas.com Water Stocks Index Published on Socially Responsible Website, Investinwhoyouare.com
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on publicly traded water stocks from the Investorideas.com Water Index, created and published on the socially responsible investor website, www.investinwhoyouare.com.
Investorideas.com Water Stocks Index
Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com
Water Stocks Index Components Trading as of October 8th 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $19.6, up $ 0.07 (0.36%) 10:39am ET
Ameron International Corporation (NYSE: AMN) trading at $ 73.23, up$ 0.47 (0.65)
American States Water Company (NYSE:AWR) trading at $36.73, up $ 0.22 (0.60)
Aqua America (NYSE: WTR) trading at $16.87 0.01 (0.06%)
ITT Corporation (NYSE:ITT) trading at $49.80, up $ 0.27 (0.55%) 10:45am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $15.5, up 0.07 (0.45%) 10:38am ET
Pentair, Inc. (NYSE: PNR) trading at #30.37 0.84 (2.84%) 10:47am ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $30.44, up $0.44 (1.47%)
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.26 - 0.28
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
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 Company Website: http://www.wescorpenergy.com/
Research more global water stocks at the Water Stocks Directory
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
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.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
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 including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
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.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Investorideas.com Water Stocks Index Published on Socially Responsible Website, Investinwhoyouare.com
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on publicly traded water stocks from the Investorideas.com Water Index, created and published on the socially responsible investor website, www.investinwhoyouare.com.
Investorideas.com Water Stocks Index
Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com
Water Stocks Index Components Trading as of October 8th 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $19.6, up $ 0.07 (0.36%) 10:39am ET
Ameron International Corporation (NYSE: AMN) trading at $ 73.23, up$ 0.47 (0.65)
American States Water Company (NYSE:AWR) trading at $36.73, up $ 0.22 (0.60)
Aqua America (NYSE: WTR) trading at $16.87 0.01 (0.06%)
ITT Corporation (NYSE:ITT) trading at $49.80, up $ 0.27 (0.55%) 10:45am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $15.5, up 0.07 (0.45%) 10:38am ET
Pentair, Inc. (NYSE: PNR) trading at #30.37 0.84 (2.84%) 10:47am ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $30.44, up $0.44 (1.47%)
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.26 - 0.28
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
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 Company Website: http://www.wescorpenergy.com/
Research more global water stocks at the Water Stocks Directory
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
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.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
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 including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
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.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Monday, October 05, 2009
Green Investor News - Secretary Chu Announces First Awards from $1.4 Billion for Industrial Carbon Capture and Storage Projects
Green Investor News - Secretary Chu Announces First Awards from $1.4 Billion for Industrial http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp Published at www.Investorideas.com
Research Green Stocks and Green Certificates - Carbon Stocks
Washington, DC - Oct 2 2009 - U.S. Energy Secretary Steven Chu today announced the first round of funding from $1.4 billion from the American Recovery and Reinvestment Act for the selection of 12 projects that will capture carbon dioxide from industrial sources for storage or beneficial use. The first phase of these projects will include $21.6 million in Recovery Act funding and $22.5 million in private funding for a total initial investment of $44.1 million. The remaining Recovery Act funding will be awarded to the most promising projects during a competitive phase two selection process.
"This is a major step forward in the fight to reduce carbon dioxide emissions from industrial plants. These new technologies will not only help fight climate change, they will create jobs now and help position the United States to lead the world in carbon dioxide capture technologies, which will only increase in demand in the years ahead," said Secretary Chu.
The successful development of advanced technologies and innovative concepts that reduce emissions of carbon dioxide into the atmosphere is a key objective of the Obama Administration's effort to help mitigate the effects of climate change. Carbon dioxide is a major greenhouse gas and contributor to global climate change.
Projects announced today include large-scale industrial carbon capture and storage projects that capture carbon dioxide emissions from industrial sources—such as cement plants, chemical plants, refineries, paper mills, and manufacturing facilities—and store the carbon dioxide in deep saline formations and other geologic systems.
The initial duration of each project selected is approximately seven months. Projects will be subject to further competitive evaluation in 2010 after successful completion of their Phase 1 activities. Projects that best demonstrate the ability to address theirmission needs will be in the final portfolio that will receive additional funding for design, construction, and operation.
Large-scale industrial carbon capture and storage selections announced today include:
•Air Products and Chemicals Inc. (Allentown, Pa.) - A state-of-the-art system to concentrate CO2 from two steam methane reformer waste streams will be designed, constructed, and demonstrated at Port Arthur, Texas. More than 1 million tons of CO2 will be delivered per year via pipeline for sequestration into the Oyster Bayou oilfield for enhanced oil recovery by Denbury Onshore LLC. (DOE Share: $961,499)•Archer Daniels Midland Corporation (Decatur, Ill.) - Archer Daniels Midland Company, a member of DOE's Midwest Geological Sequestration Consortium, will partner with other research organizations to demonstrate Dow ALSTOM’s advanced amine process to capture CO2 from industrial flue gases and sequester the CO2 in the Mt. Simon Sandstone reservoir. (DOE Share: $1,480,656)•Battelle Memorial Institute, Pacific Northwest Division (Richland, Wash.) - Battelle researchers will partner with Boise White Paper LLC and Fluor Corporation to demonstrate geologic CO2 storage in deep flood basalt formations in the State of Washington. Fluor Corporation will design a customized version of its Econamine Plus™ carbon capture technology for operation with the specialized chemical composition of exhaust gases produced from combustion of black liquor fuels. (DOE Share: $500,000)•C6 Resources (Salno, California) - Objective is to capture and transport by pipeline approximately 1 million tons per year of CO2 streams from facilities located in the Bay Area, Calif., to be injected more than 2 miles underground into a saline formation. C6 Resources, an affiliate of Shell Oil Company, will conduct the project in collaboration with Lawrence Berkeley National Laboratory and Lawrence Livermore National Laboratory. (DOE Share: $3,000,000)•CEMEX Inc. (Houston, Texas) - CEMEX USA will partner with RTI International to demonstrate a dry sorbent CO2 capture technology at one of its cement plants in the United States. CEMEX will design and construct a dry sorbent CO2 capture and compression system, pipeline (if necessary), and injection station. This commercial-scale carbon capture and sequestration demonstration project will remove up to 1 million tons of CO2. (DOE Share: $1,137,885)•ConocoPhillips (Houston, Texas) - ConocoPhillips will demonstrate new advancements that improve conversion efficiency and economies of scale for carbon capture systems at a petcoke-based 683-megawatt integrated gasification combined cycle (IGCC) power plant adjacent to its existing refinery in Sweeny, Texas. About 85 percent of the CO2 from the process stream will be captured and over 5 million tons sequestered into a depleted oil or gas field. (DOE Share: $3,014,666)•Leucadia Energy LLC (New York, N.Y.) - Partnered with Denbury Onshore, Leucadia Energy will demonstrate advanced technologies that capture and sequester more than 4 million tons of CO2 emissions at the Lake Charles co-generation petroleum coke-to-chemicals (methanol) project to be located near Lake Charles, La. The project will transport compressed CO2 through a 12-mile pipeline that connects to Denbury's Green Line pipeline system in Louisiana so that it can be used for enhanced oil recovery in the Hastings and Oyster Bayou oilfields in Texas. (DOE Share: $540,000)•Leucadia Energy LLC (New York, N.Y.) - Leucadia Energy and Denbury Onshore will demonstrate advanced technologies that capture and sequester CO2 emissions from an industrial source. Mississippi Gasification LLC, a Leucadia affiliate, is building a petcoke-to-substitute natural gas plant in Moss Point, Miss., to demonstrate large-scale recovery, purification and compression of 4 million tons per year of CO2. (DOE Share: $840,000)•Praxair Inc. (Danbury, Conn.) - Praxair will partner with BP Products North America, Denbury Resources, and Gulf Coast Carbon Center to demonstrate capture and sequestration of CO2 emissions from an existing hydrogen-production facility in an oil refinery into underground formations for CO2 enhanced oil recovery. This demonstration will be performed at the BP refinery, and a lateral pipeline will be built to connect to Denbury’s Green Pipeline to transport 1 million tons of CO2 per year. (DOE Share: $1,719,464)•Shell Chemical Capital Company (Houston, Texas) - The objective of this project is to capture, condition, and transport by pipeline approximately 1 million tons per year of by-product and off-gas CO2 streams from facilities located along the Mississippi River between Baton Rouge and New Orleans for geologic storage. (DOE Share: $3,000,000)•University of Utah (Salt Lake City, Utah) - More than 1 million tons of CO2 per year will be captured from various industrial sources, compressed, and transported via two new intra-state pipelines for CO2 enhanced oil recovery and deep saline sequestration research in Kansas. Beneath each enhanced oil recovery target, a major saline aquifer spanning most of the State of Kansas will be used for CO2 injection. (DOE Share: $2,696,556)•Wolverine Power Supply Cooperative Inc. (Cadillac, Mich.) - Investigators will demonstrate advanced amines and additives supplied by Hitachi and Dow to capture 300,000 tons of CO2 per year. Wolverine Power Supply Cooperative will be building a 600-megawatt circulating fluidized bed power plant near Rogers City, Mich. (DOE Share: $2,723,512)
Additionally, the Department has also made conditional selections of 16 projects that demonstrate innovative concepts for beneficial carbon dioxide use. These conditional selections are subject to additional merit reviews and technical evaluation.
Media contact(s):(202) 586-4940
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Research Green Stocks and Green Certificates - Carbon Stocks
Washington, DC - Oct 2 2009 - U.S. Energy Secretary Steven Chu today announced the first round of funding from $1.4 billion from the American Recovery and Reinvestment Act for the selection of 12 projects that will capture carbon dioxide from industrial sources for storage or beneficial use. The first phase of these projects will include $21.6 million in Recovery Act funding and $22.5 million in private funding for a total initial investment of $44.1 million. The remaining Recovery Act funding will be awarded to the most promising projects during a competitive phase two selection process.
"This is a major step forward in the fight to reduce carbon dioxide emissions from industrial plants. These new technologies will not only help fight climate change, they will create jobs now and help position the United States to lead the world in carbon dioxide capture technologies, which will only increase in demand in the years ahead," said Secretary Chu.
The successful development of advanced technologies and innovative concepts that reduce emissions of carbon dioxide into the atmosphere is a key objective of the Obama Administration's effort to help mitigate the effects of climate change. Carbon dioxide is a major greenhouse gas and contributor to global climate change.
Projects announced today include large-scale industrial carbon capture and storage projects that capture carbon dioxide emissions from industrial sources—such as cement plants, chemical plants, refineries, paper mills, and manufacturing facilities—and store the carbon dioxide in deep saline formations and other geologic systems.
The initial duration of each project selected is approximately seven months. Projects will be subject to further competitive evaluation in 2010 after successful completion of their Phase 1 activities. Projects that best demonstrate the ability to address theirmission needs will be in the final portfolio that will receive additional funding for design, construction, and operation.
Large-scale industrial carbon capture and storage selections announced today include:
•Air Products and Chemicals Inc. (Allentown, Pa.) - A state-of-the-art system to concentrate CO2 from two steam methane reformer waste streams will be designed, constructed, and demonstrated at Port Arthur, Texas. More than 1 million tons of CO2 will be delivered per year via pipeline for sequestration into the Oyster Bayou oilfield for enhanced oil recovery by Denbury Onshore LLC. (DOE Share: $961,499)•Archer Daniels Midland Corporation (Decatur, Ill.) - Archer Daniels Midland Company, a member of DOE's Midwest Geological Sequestration Consortium, will partner with other research organizations to demonstrate Dow ALSTOM’s advanced amine process to capture CO2 from industrial flue gases and sequester the CO2 in the Mt. Simon Sandstone reservoir. (DOE Share: $1,480,656)•Battelle Memorial Institute, Pacific Northwest Division (Richland, Wash.) - Battelle researchers will partner with Boise White Paper LLC and Fluor Corporation to demonstrate geologic CO2 storage in deep flood basalt formations in the State of Washington. Fluor Corporation will design a customized version of its Econamine Plus™ carbon capture technology for operation with the specialized chemical composition of exhaust gases produced from combustion of black liquor fuels. (DOE Share: $500,000)•C6 Resources (Salno, California) - Objective is to capture and transport by pipeline approximately 1 million tons per year of CO2 streams from facilities located in the Bay Area, Calif., to be injected more than 2 miles underground into a saline formation. C6 Resources, an affiliate of Shell Oil Company, will conduct the project in collaboration with Lawrence Berkeley National Laboratory and Lawrence Livermore National Laboratory. (DOE Share: $3,000,000)•CEMEX Inc. (Houston, Texas) - CEMEX USA will partner with RTI International to demonstrate a dry sorbent CO2 capture technology at one of its cement plants in the United States. CEMEX will design and construct a dry sorbent CO2 capture and compression system, pipeline (if necessary), and injection station. This commercial-scale carbon capture and sequestration demonstration project will remove up to 1 million tons of CO2. (DOE Share: $1,137,885)•ConocoPhillips (Houston, Texas) - ConocoPhillips will demonstrate new advancements that improve conversion efficiency and economies of scale for carbon capture systems at a petcoke-based 683-megawatt integrated gasification combined cycle (IGCC) power plant adjacent to its existing refinery in Sweeny, Texas. About 85 percent of the CO2 from the process stream will be captured and over 5 million tons sequestered into a depleted oil or gas field. (DOE Share: $3,014,666)•Leucadia Energy LLC (New York, N.Y.) - Partnered with Denbury Onshore, Leucadia Energy will demonstrate advanced technologies that capture and sequester more than 4 million tons of CO2 emissions at the Lake Charles co-generation petroleum coke-to-chemicals (methanol) project to be located near Lake Charles, La. The project will transport compressed CO2 through a 12-mile pipeline that connects to Denbury's Green Line pipeline system in Louisiana so that it can be used for enhanced oil recovery in the Hastings and Oyster Bayou oilfields in Texas. (DOE Share: $540,000)•Leucadia Energy LLC (New York, N.Y.) - Leucadia Energy and Denbury Onshore will demonstrate advanced technologies that capture and sequester CO2 emissions from an industrial source. Mississippi Gasification LLC, a Leucadia affiliate, is building a petcoke-to-substitute natural gas plant in Moss Point, Miss., to demonstrate large-scale recovery, purification and compression of 4 million tons per year of CO2. (DOE Share: $840,000)•Praxair Inc. (Danbury, Conn.) - Praxair will partner with BP Products North America, Denbury Resources, and Gulf Coast Carbon Center to demonstrate capture and sequestration of CO2 emissions from an existing hydrogen-production facility in an oil refinery into underground formations for CO2 enhanced oil recovery. This demonstration will be performed at the BP refinery, and a lateral pipeline will be built to connect to Denbury’s Green Pipeline to transport 1 million tons of CO2 per year. (DOE Share: $1,719,464)•Shell Chemical Capital Company (Houston, Texas) - The objective of this project is to capture, condition, and transport by pipeline approximately 1 million tons per year of by-product and off-gas CO2 streams from facilities located along the Mississippi River between Baton Rouge and New Orleans for geologic storage. (DOE Share: $3,000,000)•University of Utah (Salt Lake City, Utah) - More than 1 million tons of CO2 per year will be captured from various industrial sources, compressed, and transported via two new intra-state pipelines for CO2 enhanced oil recovery and deep saline sequestration research in Kansas. Beneath each enhanced oil recovery target, a major saline aquifer spanning most of the State of Kansas will be used for CO2 injection. (DOE Share: $2,696,556)•Wolverine Power Supply Cooperative Inc. (Cadillac, Mich.) - Investigators will demonstrate advanced amines and additives supplied by Hitachi and Dow to capture 300,000 tons of CO2 per year. Wolverine Power Supply Cooperative will be building a 600-megawatt circulating fluidized bed power plant near Rogers City, Mich. (DOE Share: $2,723,512)
Additionally, the Department has also made conditional selections of 16 projects that demonstrate innovative concepts for beneficial carbon dioxide use. These conditional selections are subject to additional merit reviews and technical evaluation.
Media contact(s):(202) 586-4940
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Friday, October 02, 2009
How to Find the Next Green Stock Win; A123 Systems, Inc. (NasdaqGM: AONE) up Again Today
How to Find the Next Green Stock Win; A123 Systems, Inc. (NasdaqGM: AONE) up Again Today
POINT ROBERTS, WA and DELTA, BC –October 2, 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within www.Investorideas.com and its renewable energy and green energy stocks directory provide investors the research tools to find global green stocks to invest in and trade . The recent success of the A123 Systems, Inc. (NasdaqGM: AONE) IPO at $13.50, currently trading at, $ 25.77, up $ 3.16 (13.98%) reminds investors there is still “green” in the sector.
Batteries/Energy Storage Backup Stocks:
A123 Systems, Inc. (NasdaqGM: AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has close to 900 stocks and new stocks are added each month for investors following the sector. The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Featured Green Stocks at Investorideas.com:
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
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.
To learn about becoming a featured renewable energy or green stock, contact us below.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch. Read his newest columns, the Solar Innovations series, looking at private companies in the sector
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.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
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.
Investing in Renewable Energy, Environment and Water Stocks – Get access to global stocks directories in cleantech sectors. The renewable energy stocks directory is estimated at 900 stocks and growing!
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies WSCE, MNGA and GWSC, news submissions and online advertising.
Disclosure .To become a showcase company, contact us below.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.RenewableEnergyStocks.com, www.Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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POINT ROBERTS, WA and DELTA, BC –October 2, 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within www.Investorideas.com and its renewable energy and green energy stocks directory provide investors the research tools to find global green stocks to invest in and trade . The recent success of the A123 Systems, Inc. (NasdaqGM: AONE) IPO at $13.50, currently trading at, $ 25.77, up $ 3.16 (13.98%) reminds investors there is still “green” in the sector.
Batteries/Energy Storage Backup Stocks:
A123 Systems, Inc. (NasdaqGM: AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has close to 900 stocks and new stocks are added each month for investors following the sector. The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Featured Green Stocks at Investorideas.com:
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
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.
To learn about becoming a featured renewable energy or green stock, contact us below.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch. Read his newest columns, the Solar Innovations series, looking at private companies in the sector
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Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
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Investing in Renewable Energy, Environment and Water Stocks – Get access to global stocks directories in cleantech sectors. The renewable energy stocks directory is estimated at 900 stocks and growing!
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies WSCE, MNGA and GWSC, news submissions and online advertising.
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Source: www.RenewableEnergyStocks.com, www.Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
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Wednesday, September 30, 2009
Clean technology venture investment continued recovering in 3Q09 spurred by economic stimulus investment
Clean technology venture investment continued recovering in 3Q09 spurred by economic stimulus investment
Landmark IPO and new funds also signal broadening confidence in clean technology, now the leading venture investment category
October 1, 2009 – The Cleantech Group™, providers of leading global market research, events and advisory services for the clean technology (cleantech) ecosystem, along with Deloitte, which provides audit, tax, consulting and financial advisory services to cleantech companies, today released preliminary 3Q09 results for clean technology venture investments in North America, Europe, China and India totaling $1.59 billion across 134 companies.
Cleantech venture investment continued its recovery in the third quarter of 2009, after significant declines in 4Q08 and 1Q09 paralleling the global economic downturn. Following a rebound in 2Q09, the 3Q09 total is up a further 10 percent compared to the previous quarter, yet down 42 percent from the same period a year ago.
“The billions in government funding being allocated globally in clean technology have begun emboldening private capital, which has in turn helped propel clean technology to the leading venture investment sector, now eclipsing biotech and IT,” said Dallas Kachan, Managing Director, Cleantech Group. “The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding. Hundreds of millions of dollars in new venture funds this quarter are also evidence of investor confidence and momentum, including $1.1 billion in two new funds by Khosla Ventures alone.”
“The extension of tax credits for renewable-based power generation along with government stimulus and regulatory requirements to meet renewable portfolio standards are helping to drive continued investment on the part of VCs and utilities into the cleantech sector,” said Scott Smith, U.S. leader of Deloitte’s Clean Tech practice. “Utilities are increasingly bringing their access to capital to the sector through direct investment and power purchase agreements, driving new projects and increased capacity. We continue to see utilities investing in wind and solar and expect this trend to continue as cleantech projects become more economically viable and desirable for utilities.”
BY TECHNOLOGY SECTORThe leading clean technology investment sector was solar, which rose from the previous quarter’s 13 percent to 28 percent of venture investment, but still only received $451 million, down from a high of $1.2 billion invested in 3Q08. The second highest area of investment was transportation—subsectors of which include vehicles, biofuels and advanced batteries- which received $383 million. Green buildings—including energy efficient buildings, glass and lighting subsectors—had a strong quarter, with investment of $110 million. The largest transactions in each technology sector were:
•Solar - $451 millionDeals included: California-based thin film company Solyndra, which raised $198 million from a group of investors led by Argonaut Private Equity; California-based SolFocus, a developer of concentrating PV systems, which closed its Series C fundraising on $77.6 million from investors including Apex Venture Partners, New Enterprise Associates, NGEN, Yellowstone Capital, Demeter Partners, and affiliates of Advanced Equities; and California-based SunRun, a residential power purchase agreement (PPA) provider, which raised $18 million from Accel Partners and Foundation Capital.•Transportation (including Vehicles, Advanced Batteries & Biofuels) - $383 millionDeals included: Tesla Motors, the California-based electric car manufacturer, which raised $82.5 million in funding from a group of investors led by London-based Fjord Capital Management; Think Global, the Norwegian electric car manufacturer, which officially announced a $46 million round; and Amyris Biotechnologies, the California-based developer of a synthetic platform to create renewable fuels and chemicals, which secured $24.8 million as part of an ongoing $62 million Series C funding round.•Green Buildings (including Energy Efficient Buildings, Glass & Lighting) - $110 millionDeals included: Serious Materials, the California-based developer of a range of green building materials, which raised $60 million in Series C funding from Mesirow Financial, Enertech Capital, Cheyenne Partners, Saints Capital, as well as existing investors; and iControl Networks the California-based developer of broadband home management systems for controlling energy usage, which raised $23 million in Series C funding from Tyco International’s ADT Security Services, Cisco, Comcast Interactive Capital, GE Security, and existing venture capital backers.
M&As AND IPOsClean technology M&A dropped in 3Q09 from the previous quarter, totaling an estimated 98 deals, of which totals were disclosed for $5.9 billion.
In the leading cleantech IPO of the quarter, and one of the most significant cleantech exits to date, A123Systems made its long awaited debut on the NASDAQ Global Market, in which the company raised $380 million at a company valuation of $1.3 billion (which rose to $1.9 billion by the close of day one trading). Other clean technology IPOs recorded in 3Q09 were wind farm developer Indian Energy, which began trading on London’s AIM, raising $16.2 million, and India-based Euro Multivision, which raised $13.5 million on the Bombay Stock Exchange for the company's photovoltaic solar cell manufacturing unit.
BY GEOGRAPHYNorth America continued to attract the largest percentage of clean technology venture capital, with Europe and Israel in 3Q09 in second place at 29 percent.
•NORTH AMERICA: North America accounted for 67 percent of the total, raising USD $1.1 billion in 73 disclosed rounds, up 8 percent from 2Q09 and down 42 percent from 3Q08. As the most significant region for VC investment, the sector trends broadly match those described globally. The region accounted for the four largest venture deals (Solyndra, Tesla Motors, SolFocus and Serious Materials) as well as the largest IPO (A123 Systems). California led the way, with $655 million (61 percent total share) in investment, followed by Colorado ($47 million, 4 percent).•EUROPE AND ISRAEL: Europe and Israel received 29 percent of the total, raising USD $457 million in 53 disclosed rounds, up 61 percent from 2Q09 yet down 42 percent from 3Q08. Energy generation ($246 million, 21 deals) received the most investment, followed by vehicles ($51 million, three deals). The largest deal was Norwegian electric car maker Think Global, which emerged from bankruptcy and announced a $47 million round, part of which had been announced in Q209. There were also large deals for Irish bio-energy company Imperative Energy, which raised $43 million, and UK-based fuel cell company Intelligent Energy, which raised $30 million. The UK led with $125 million in 17 deals, with France in second position with $72 million in 10 deals.•CHINA: China received 3 percent of the total VC investment, raising USD $41.8 million in three clean technology VC deals: Nobao Renewable Energy attracted USD $25 million from Tsing Capital to develop geothermal heating and cooling technology; Nanjing City Control Information Technology raised USD $14.6 million to develop smart transportation control systems; and thin film solar and building integrated photovoltaic company Wuhan Rixin Technology attracted USD $2.2 million. Four private equity deals were tracked, totaling USD $886 million. Three M&A deals were tracked totaling more than USD $146 million. Two of the deals involved solar companies and one involved waste to energy companies.•INDIA: Indian cleantech companies raised USD $21.5 million in five investment rounds (of which one deal amount was not disclosed). The amount invested in 3Q09 was significantly lower than the previous quarter (USD $134 million) and 3Q08 (USD $185 million). Five M&A deals were tracked with a total value of USD $142 million (of which two deals amount were not disclosed). Energy generation attracted most interest and in particular the wind sector. Companies involved in M&A deals this quarter were Schneider Electric India, Techno Electric & Engineering, Chloride Group, Luminous Power Technologies and IDFC Private Equity. Mumbai-based Euro Multivision had an IPO in September in to raise capital and consolidate its solar photovoltaic manufacturing unit in Gujarat. Chennai-based industrial water solution provider VA Tech Wabag announced plans to raise USD $100 million via an IPO next year.
TOP INVESTORS 3Q09 Most Active Cleantech Venture Funds Venture Capital Firm # of rounds Companies Intel Capital 6 Ozmo Devices, Powervation, CPower, Grid Net, iControl Networks, Convey Computer Corporation Kleiner Perkins Caufield & Byers 5 Amyris Biotechnologies, Applied Process Technology, Hara Environmental and Energy Management, iControl Networks, Solasta New Enterprise Associates 4 Glacier Bay, Liquidia Technologies, RT Outsourcing Services, SolFocus Braemar Energy Ventures 4 General Fusion, Grid Net, Convey Computer Corporation, Solicore
Source: Cleantech Group (cleantech.com)Key takeaways reviewed in webinar next weekThe Cleantech Group and Deloitte will review key findings of their 3Q09 data in a live webinar on October 6, 2009 at 11AM EST / 8AM PST / 16:00 GMT, exclusively for members of the Cleantech Group’s Cleantech Network. Network members may join the live meeting at http://cleantech.acrobat.com/research/ a few minutes before the event, and will need their email address and Cleantech Network password to log in. Members unsure of their passwords can contact Cleantech Group at +1 810-224-4310 x.7151 or can retrieve their password at http://cleantech.com/memberpassword.cfm.
This press release is not a research report and nothing herein is intended to be nor should be construed as investment advice. Neither Cleantech Group, LLC nor Deloitte recommends that any financial product should be bought, sold or held by any individual or entity, and nothing in this press release should be construed as an offer, or the solicitation of an offer, to buy or sell securities by Cleantech Group, LLC or Deloitte. Investors should not make any investment decision without consulting a fully qualified financial adviser.
About the Cleantech Group, LLCThe Cleantech Group pioneered the clean technology investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally. The company’s worldwide network of investors, entrepreneurs, enterprises, service providers and others—representing trillions of dollars in assets—receives access to capital, investment deal flow, networking, market leading research and data, sales leads and promotional opportunities. The Cleantech Group also provides advisory services for large corporations and governments, publishes leading cleantech sector industry news coverage and produces the premier Cleantech Forum® events worldwide. Details are available at http://www.cleantech.com.
About DeloitteAs used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
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Investorideas.com Global Green Fund and Venture Capital Directory now has close to 500 contacts including global green funds, VC, Private Equity and Investment Banking firms. The green funding directory is one of several green investor tools at Investorideas.com, created to enable green businesses and entrepreneurs to find potential funding sources. Investor Ideas green investor tools include the Renewable energy stocks directory, Green Funding Directory and our Renewable Energy Stocks News and Green Business News RSS Feed
Landmark IPO and new funds also signal broadening confidence in clean technology, now the leading venture investment category
October 1, 2009 – The Cleantech Group™, providers of leading global market research, events and advisory services for the clean technology (cleantech) ecosystem, along with Deloitte, which provides audit, tax, consulting and financial advisory services to cleantech companies, today released preliminary 3Q09 results for clean technology venture investments in North America, Europe, China and India totaling $1.59 billion across 134 companies.
Cleantech venture investment continued its recovery in the third quarter of 2009, after significant declines in 4Q08 and 1Q09 paralleling the global economic downturn. Following a rebound in 2Q09, the 3Q09 total is up a further 10 percent compared to the previous quarter, yet down 42 percent from the same period a year ago.
“The billions in government funding being allocated globally in clean technology have begun emboldening private capital, which has in turn helped propel clean technology to the leading venture investment sector, now eclipsing biotech and IT,” said Dallas Kachan, Managing Director, Cleantech Group. “The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding. Hundreds of millions of dollars in new venture funds this quarter are also evidence of investor confidence and momentum, including $1.1 billion in two new funds by Khosla Ventures alone.”
“The extension of tax credits for renewable-based power generation along with government stimulus and regulatory requirements to meet renewable portfolio standards are helping to drive continued investment on the part of VCs and utilities into the cleantech sector,” said Scott Smith, U.S. leader of Deloitte’s Clean Tech practice. “Utilities are increasingly bringing their access to capital to the sector through direct investment and power purchase agreements, driving new projects and increased capacity. We continue to see utilities investing in wind and solar and expect this trend to continue as cleantech projects become more economically viable and desirable for utilities.”
BY TECHNOLOGY SECTORThe leading clean technology investment sector was solar, which rose from the previous quarter’s 13 percent to 28 percent of venture investment, but still only received $451 million, down from a high of $1.2 billion invested in 3Q08. The second highest area of investment was transportation—subsectors of which include vehicles, biofuels and advanced batteries- which received $383 million. Green buildings—including energy efficient buildings, glass and lighting subsectors—had a strong quarter, with investment of $110 million. The largest transactions in each technology sector were:
•Solar - $451 millionDeals included: California-based thin film company Solyndra, which raised $198 million from a group of investors led by Argonaut Private Equity; California-based SolFocus, a developer of concentrating PV systems, which closed its Series C fundraising on $77.6 million from investors including Apex Venture Partners, New Enterprise Associates, NGEN, Yellowstone Capital, Demeter Partners, and affiliates of Advanced Equities; and California-based SunRun, a residential power purchase agreement (PPA) provider, which raised $18 million from Accel Partners and Foundation Capital.•Transportation (including Vehicles, Advanced Batteries & Biofuels) - $383 millionDeals included: Tesla Motors, the California-based electric car manufacturer, which raised $82.5 million in funding from a group of investors led by London-based Fjord Capital Management; Think Global, the Norwegian electric car manufacturer, which officially announced a $46 million round; and Amyris Biotechnologies, the California-based developer of a synthetic platform to create renewable fuels and chemicals, which secured $24.8 million as part of an ongoing $62 million Series C funding round.•Green Buildings (including Energy Efficient Buildings, Glass & Lighting) - $110 millionDeals included: Serious Materials, the California-based developer of a range of green building materials, which raised $60 million in Series C funding from Mesirow Financial, Enertech Capital, Cheyenne Partners, Saints Capital, as well as existing investors; and iControl Networks the California-based developer of broadband home management systems for controlling energy usage, which raised $23 million in Series C funding from Tyco International’s ADT Security Services, Cisco, Comcast Interactive Capital, GE Security, and existing venture capital backers.
M&As AND IPOsClean technology M&A dropped in 3Q09 from the previous quarter, totaling an estimated 98 deals, of which totals were disclosed for $5.9 billion.
In the leading cleantech IPO of the quarter, and one of the most significant cleantech exits to date, A123Systems made its long awaited debut on the NASDAQ Global Market, in which the company raised $380 million at a company valuation of $1.3 billion (which rose to $1.9 billion by the close of day one trading). Other clean technology IPOs recorded in 3Q09 were wind farm developer Indian Energy, which began trading on London’s AIM, raising $16.2 million, and India-based Euro Multivision, which raised $13.5 million on the Bombay Stock Exchange for the company's photovoltaic solar cell manufacturing unit.
BY GEOGRAPHYNorth America continued to attract the largest percentage of clean technology venture capital, with Europe and Israel in 3Q09 in second place at 29 percent.
•NORTH AMERICA: North America accounted for 67 percent of the total, raising USD $1.1 billion in 73 disclosed rounds, up 8 percent from 2Q09 and down 42 percent from 3Q08. As the most significant region for VC investment, the sector trends broadly match those described globally. The region accounted for the four largest venture deals (Solyndra, Tesla Motors, SolFocus and Serious Materials) as well as the largest IPO (A123 Systems). California led the way, with $655 million (61 percent total share) in investment, followed by Colorado ($47 million, 4 percent).•EUROPE AND ISRAEL: Europe and Israel received 29 percent of the total, raising USD $457 million in 53 disclosed rounds, up 61 percent from 2Q09 yet down 42 percent from 3Q08. Energy generation ($246 million, 21 deals) received the most investment, followed by vehicles ($51 million, three deals). The largest deal was Norwegian electric car maker Think Global, which emerged from bankruptcy and announced a $47 million round, part of which had been announced in Q209. There were also large deals for Irish bio-energy company Imperative Energy, which raised $43 million, and UK-based fuel cell company Intelligent Energy, which raised $30 million. The UK led with $125 million in 17 deals, with France in second position with $72 million in 10 deals.•CHINA: China received 3 percent of the total VC investment, raising USD $41.8 million in three clean technology VC deals: Nobao Renewable Energy attracted USD $25 million from Tsing Capital to develop geothermal heating and cooling technology; Nanjing City Control Information Technology raised USD $14.6 million to develop smart transportation control systems; and thin film solar and building integrated photovoltaic company Wuhan Rixin Technology attracted USD $2.2 million. Four private equity deals were tracked, totaling USD $886 million. Three M&A deals were tracked totaling more than USD $146 million. Two of the deals involved solar companies and one involved waste to energy companies.•INDIA: Indian cleantech companies raised USD $21.5 million in five investment rounds (of which one deal amount was not disclosed). The amount invested in 3Q09 was significantly lower than the previous quarter (USD $134 million) and 3Q08 (USD $185 million). Five M&A deals were tracked with a total value of USD $142 million (of which two deals amount were not disclosed). Energy generation attracted most interest and in particular the wind sector. Companies involved in M&A deals this quarter were Schneider Electric India, Techno Electric & Engineering, Chloride Group, Luminous Power Technologies and IDFC Private Equity. Mumbai-based Euro Multivision had an IPO in September in to raise capital and consolidate its solar photovoltaic manufacturing unit in Gujarat. Chennai-based industrial water solution provider VA Tech Wabag announced plans to raise USD $100 million via an IPO next year.
TOP INVESTORS 3Q09 Most Active Cleantech Venture Funds Venture Capital Firm # of rounds Companies Intel Capital 6 Ozmo Devices, Powervation, CPower, Grid Net, iControl Networks, Convey Computer Corporation Kleiner Perkins Caufield & Byers 5 Amyris Biotechnologies, Applied Process Technology, Hara Environmental and Energy Management, iControl Networks, Solasta New Enterprise Associates 4 Glacier Bay, Liquidia Technologies, RT Outsourcing Services, SolFocus Braemar Energy Ventures 4 General Fusion, Grid Net, Convey Computer Corporation, Solicore
Source: Cleantech Group (cleantech.com)Key takeaways reviewed in webinar next weekThe Cleantech Group and Deloitte will review key findings of their 3Q09 data in a live webinar on October 6, 2009 at 11AM EST / 8AM PST / 16:00 GMT, exclusively for members of the Cleantech Group’s Cleantech Network. Network members may join the live meeting at http://cleantech.acrobat.com/research/ a few minutes before the event, and will need their email address and Cleantech Network password to log in. Members unsure of their passwords can contact Cleantech Group at +1 810-224-4310 x.7151 or can retrieve their password at http://cleantech.com/memberpassword.cfm.
This press release is not a research report and nothing herein is intended to be nor should be construed as investment advice. Neither Cleantech Group, LLC nor Deloitte recommends that any financial product should be bought, sold or held by any individual or entity, and nothing in this press release should be construed as an offer, or the solicitation of an offer, to buy or sell securities by Cleantech Group, LLC or Deloitte. Investors should not make any investment decision without consulting a fully qualified financial adviser.
About the Cleantech Group, LLCThe Cleantech Group pioneered the clean technology investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally. The company’s worldwide network of investors, entrepreneurs, enterprises, service providers and others—representing trillions of dollars in assets—receives access to capital, investment deal flow, networking, market leading research and data, sales leads and promotional opportunities. The Cleantech Group also provides advisory services for large corporations and governments, publishes leading cleantech sector industry news coverage and produces the premier Cleantech Forum® events worldwide. Details are available at http://www.cleantech.com.
About DeloitteAs used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
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Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
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Investorideas.com Global Green Fund and Venture Capital Directory now has close to 500 contacts including global green funds, VC, Private Equity and Investment Banking firms. The green funding directory is one of several green investor tools at Investorideas.com, created to enable green businesses and entrepreneurs to find potential funding sources. Investor Ideas green investor tools include the Renewable energy stocks directory, Green Funding Directory and our Renewable Energy Stocks News and Green Business News RSS Feed
Tuesday, September 29, 2009
Investing Tools for Cleantech updated at www.Investorideas.com
Investing Tools for Cleantech updated at www.Investorideas.com
Recently added Investing Tool- Publish Your Green Stock Picks and Share with other Investors
POINT ROBERTS, Wash., Delta B.C., Sept 29, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment, water and renewable energy investing, updates its green investor tools, now including a full range of services from a green funding directory, to stock directories to news feeds and a recently added service for investors to
publish their favorite green stock picks .
Investor Ideas current green investor tools also include the Renewable energy stocks directory, Green Funding Directory and our news feed : Renewable Energy Stocks and Investing news,Green Business and Financial News at Investorideas.com.
The Global Green Fund and Venture Capital Directory has grown to an estimated 500 contacts and is updated each month with new entries into the green funding space. CEO’s and entrepreneurs can use the directory to source potential funding to grow their green business.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
The Green funds, VC’s and Private Equity firms are listed by Country: Firm, description, specialty, contact info and link to contact webpage.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
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Global Green Fund and Venture Capital Directory Sample/preview:
Additionally The Investor Ideas 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.
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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.
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Recently added Investing Tool- Publish Your Green Stock Picks and Share with other Investors
POINT ROBERTS, Wash., Delta B.C., Sept 29, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on environment, water and renewable energy investing, updates its green investor tools, now including a full range of services from a green funding directory, to stock directories to news feeds and a recently added service for investors to
publish their favorite green stock picks .
Investor Ideas current green investor tools also include the Renewable energy stocks directory, Green Funding Directory and our news feed : Renewable Energy Stocks and Investing news,Green Business and Financial News at Investorideas.com.
The Global Green Fund and Venture Capital Directory has grown to an estimated 500 contacts and is updated each month with new entries into the green funding space. CEO’s and entrepreneurs can use the directory to source potential funding to grow their green business.
The global directory is currently available for purchase in a PDF format for $99 and will be changed over to an online directory accessible by login to paying members, updated monthly.
The Green funds, VC’s and Private Equity firms are listed by Country: Firm, description, specialty, contact info and link to contact webpage.
Visitors can review the format and preview the directory at the Renewable Energy Funds and Venture Capital Investing page at Investor Ideas. Learn More:
http://www.renewableenergystocks.com/Companies/RenewableEnergy/Funds-and-Venture-Capital-Investing.asp
Global Green Fund and Venture Capital Directory Sample/preview:
Additionally The Investor Ideas 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.
Visit the Public Marketplace:
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 and sign up to view the private access link or to have your company added:
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
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.
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.
Green Investor Content and Investing Tools-
Publish and share your green stock picks and share with other investors
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Solar Energy Perspectives with J. Peter Lynch
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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
Investor Ideas members following green stocks can access comprehensive global stock directories in renewable energy, water stocks and environment and fuel cell stocks.
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.
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or Cali Van Zant, cvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Friday, September 25, 2009
Renewable Energy Stocks Directory Update; Batteries/Energy Storage Backup Stocks: A123 Systems, Inc. (NasdaqGM: AONE) added to Comprehensive List
Renewable Energy Stocks Directory Update; Batteries/Energy Storage Backup Stocks: A123 Systems, Inc. (NasdaqGM: AONE) added to Comprehensive List of Publicly Traded Green Stocks
POINT ROBERTS, WA and DELTA, BC –September 25, 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, updates the renewable energy and green energy stocks directory with recent additions including the recent IPO, Batteries/Energy Storage Backup Stock, A123 Systems, Inc. (NasdaqGM:AONE).
The A123 Systems, Inc. (NasdaqGM:AONE) IPO of 28,180,501 shares of its common stock at $13.50 per share was embraced with better than expected results in its market debut on Thursday, bringing back investor interest and optimism to the sector.
Batteries/Energy Storage Backup Stocks:
A123 Systems, Inc. (NasdaqGM: AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has close to 900 stocks and new stocks are added each month for investors following the sector. The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Featured Renewable Energy Stocks:
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
To learn about becoming a featured renewable energy or green stock, contact us below.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch. Read his newest columns, the Solar Innovations series, looking at private companies in the sector
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.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
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.
Investing in Renewable Energy, Environment and Water Stocks – Get access to global stocks directories in cleantech sectors. The renewable energy stocks directory is estimated at 900 stocks and growing!
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks. Join today -
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies MNGA and GWSC, news submissions and online advertising.
Disclosure
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.comSource: www.RenewableEnergyStocks.com, www.Investorideas.comNews & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC –September 25, 2009 - www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, updates the renewable energy and green energy stocks directory with recent additions including the recent IPO, Batteries/Energy Storage Backup Stock, A123 Systems, Inc. (NasdaqGM:AONE).
The A123 Systems, Inc. (NasdaqGM:AONE) IPO of 28,180,501 shares of its common stock at $13.50 per share was embraced with better than expected results in its market debut on Thursday, bringing back investor interest and optimism to the sector.
Batteries/Energy Storage Backup Stocks:
A123 Systems, Inc. (NasdaqGM: AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
Green Energy investors can research stocks with the Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory has close to 900 stocks and new stocks are added each month for investors following the sector. The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Featured Renewable Energy Stocks:
GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, and heating or powering bi fuel automobiles.
To learn about becoming a featured renewable energy or green stock, contact us below.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch. Read his newest columns, the Solar Innovations series, looking at private companies in the sector
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.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
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.
Investing in Renewable Energy, Environment and Water Stocks – Get access to global stocks directories in cleantech sectors. The renewable energy stocks directory is estimated at 900 stocks and growing!
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks. Join today -
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies MNGA and GWSC, news submissions and online advertising.
Disclosure
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.comSource: www.RenewableEnergyStocks.com, www.Investorideas.comNews & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Thursday, September 24, 2009
Green IPO Watch - Lithium Battery Company A123Systems, Inc. (NasdaqGM: AONE) Comes to Market; 28.1 Million Shares at $13.50
Green IPO Watch - Lithium Battery Company A123Systems, Inc. (NasdaqGM: AONE) Comes to Market; 28.1 Million Shares at $13.50
POINT ROBERTS, WA and DELTA, BC—September 24, 2009 - www.RenewableEnergyStocks.com,
a leading green investor news and research portal for the renewable energy sector within www.Investorideas.com,reports on lithium battery company A123Systems, Inc. (NasdaqGM: AONE) 28.1 million share IPO, priced at $13.50 per share, well above original share pricing.
About A123Systems, Inc. (NasdaqGM: AONE):
A123Systems develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
A123Systems, Inc.(NasdaqGM: AONE) will be added to the Investorideas.com global renewable energy stocks directory, currently estimated at 900 publicly traded companies in the sector.
Subscribe to or add news to your site – the Green IPO Watch News Feed: http://www.investorideas.com/RSS/feeds/GreenIPO.xml
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 and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com
http://www.investorideas.com/RSS/feeds/RES.xml
Publish your green news: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: - One of the first online investor resources provides in-depth information on renewable energy, greentech and water sectors. 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, Middle East and Australia.
Investing in Renewable Energy, Environment and Water Stocks
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks. Join today -
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
POINT ROBERTS, WA and DELTA, BC—September 24, 2009 - www.RenewableEnergyStocks.com,
a leading green investor news and research portal for the renewable energy sector within www.Investorideas.com,reports on lithium battery company A123Systems, Inc. (NasdaqGM: AONE) 28.1 million share IPO, priced at $13.50 per share, well above original share pricing.
About A123Systems, Inc. (NasdaqGM: AONE):
A123Systems develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.
A123Systems, Inc.(NasdaqGM: AONE) will be added to the Investorideas.com global renewable energy stocks directory, currently estimated at 900 publicly traded companies in the sector.
Subscribe to or add news to your site – the Green IPO Watch News Feed: http://www.investorideas.com/RSS/feeds/GreenIPO.xml
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 and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com
http://www.investorideas.com/RSS/feeds/RES.xml
Publish your green news: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com: - One of the first online investor resources provides in-depth information on renewable energy, greentech and water sectors. 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, Middle East and Australia.
Investing in Renewable Energy, Environment and Water Stocks
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks. Join today -
http://www.investorideas.com/membership/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Wednesday, September 23, 2009
Treasury, Energy Surpass $1 Billion Milestone in Recovery Act Awards for Clean Energy Projects
Treasury, Energy Surpass $1 Billion Milestone in Recovery Act Awards for Clean Energy Projects
Geithner, Chu Hold Roundtable Discussion with Energy Companies on Expanding Development of Clean, Domestic Sources of Energy
WASHINGTON– September 22, 2009- This morning, Treasury Secretary Tim Geithner and Energy Secretary Steven Chu hosted a group of clean energy developers and manufacturers at the White House to discuss how the American Recovery and Reinvestment Act (Recovery Act) is creating jobs and helping expand the development of clean, renewable domestic energy. At the meeting, Secretaries Geithner and Chu announced $550 million in new awards through the Recovery Act’s 1603 program, bringing the total to more than $1 billion awarded to date to companies committed to investing in domestic renewable energy production.
“This Recovery Act program is an example of a true federal partnership with the private sector,” said Treasury Secretary Geithner. “Not only are our Recovery dollars meeting an immediate funding need among innovative companies, they are also jumpstarting private sector investment in communities across the country – with benefits for the renewable energy industry and our economy alike.”
Said Secretary Chu: “These investments are crucial to ensuring America can compete and win in the race for the clean energy jobs of the future. With American workers and American innovation, we can and must lead the world when it comes to the new Industrial Revolution in clean energy.”
Created under Section 1603 of the Recovery Act, the program provides cash assistance to energy producers in place of tax credits. The payments improve project viability, enabling companies to create and retain jobs, and establish sufficient financing bases for projects that may otherwise not be possible, dramatically expanding and accelerating the development of renewable energy projects throughout the country. Under this program, the federal government provides a cash payment in lieu of a tax credit totaling 30 percent of the qualifying cost of the project; for each federal dollar spent in payments, more than two dollars are spent in private sector investments.
Today the Treasury Department will make the second round of awards, all of which will be made in half the statutorily mandated turnaround time of 60 days. The first round of awards totaling $502 million was announced on September 1, 2009. Today’s announcement provides an additional $550 million. The 1603 program is having an immediate effect on the renewable energy industry by significantly increasing the availability and liquidity of project capital in three ways:
•Recycling grants into new projects. Project developers are able to begin construction of additional projects thanks to the extra capital from the grants they are receiving. •Increasing the flow of capital. By reversing the drop in availability of equity investment available, the 1603 program brings significant private capital off the sidelines to finance more renewables projects. •Attracting investment for domestic projects. Large project developers allocate capital across many countries, and the 1603 program is attracting billions of dollars of additional capital towards projects in the US.Project developers receiving awards through this program participated in today's meeting, including Ameresco, First Wind, Horizon Wind, and Sun Edison. Also participating were several renewables manufacturers who supply these developers, including Cardinal Fastener, GE Energy, Gamesa, Solyndra, and Vestas Americas.
•At a site in Pittsburgh, CA, Ameresco is using a landfill to provide power to the City of Palo Alto. Payments awarded because of this project will allow Ameresco to accelerate its development of renewable energy projects by a minimum of four more domestic projects a year. •Solyndra is helping to provide energy to a building in downtown Denver, CO through solar panels on the roof, a project that would not have been possible without Recovery Act payments. •Vestas Americas has made a significant investment in developing renewable energy in the United States. The company has allocated $1 billion for new manufacturing facilities throughout the country, and the 1603 program will allow these facilities to be fully operational by 2011.The following is a chart of the 25 projects that qualified for awards as part of today’s announcement.
STATE PROJECT/SUBSIDIARY LOCATION AMOUNT CA Bob's Big Boy LLC Burbank, CA $53,648 CA Ameresco Half Moon Bay LLC Half Moon Bay, CA $6,641,747 CA Ameresco Keller Canyon LLC Pittsburgh, CA $2,796,377 CA BioFuel Oasis Cooperative, Inc Berkely, CA $16,858 CO 5135 Company Denver, CO $23,130 FL Conditioned Air Corporation of Naples Naples, FL $50,250 HI Two Daughters Kihei, HI $15,150 IA Barton Wind Farm Kinsett, IA $93,419,883 MN BI Minneapolis, MN $25,649 MN Spruce Tree Centre St. Paul, MN $107,764 MO Farmers City Wind Farm Tarkio, MO $84,959,857 MO Ameresco Jefferson City LLC Jefferson City, MO $2,300,244 NC Solar Billboard Property Bolivia, NC $5,850 NJ Meadowlands Exposition Center Secaucus, NJ $767,937 NJ EHT Leasing LLC Egg Harbor Township, NJ $118,560 NJ OC Kearny Kearny, NJ $992,006 NV Enel Salt Wells, LLC Fallon, NV $21,196,478 NV Enel Stillwater, LLC Fallon, NV $40,324,394 NY OP 110 E. 59th St. CHP New York, NY $415,774 SD Impervious Energy Systems, LLC Whitewood, SD $31,511 TX Barton Chapel Wind Farm Jacksboro, TX $72,573,627 TX Rio Grande Valley Sugar Growers, Inc. Santa Rosa, TX $10,232,261 TX Bull Creek Wind LLC O'Donnell, TX $91,390,497 TX Pyron Wind Farm, LLC Roscoe, TX $121,903,306 VT Wheeler Brook Apartments Warren, VT $19,155 $550,381,913
Media contact(s):Energy Public Affairs, (202) 586-4940Treasury Public Affairs (202) 622-2960
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
Join today at http://www.investorideas.com/membership/
Geithner, Chu Hold Roundtable Discussion with Energy Companies on Expanding Development of Clean, Domestic Sources of Energy
WASHINGTON– September 22, 2009- This morning, Treasury Secretary Tim Geithner and Energy Secretary Steven Chu hosted a group of clean energy developers and manufacturers at the White House to discuss how the American Recovery and Reinvestment Act (Recovery Act) is creating jobs and helping expand the development of clean, renewable domestic energy. At the meeting, Secretaries Geithner and Chu announced $550 million in new awards through the Recovery Act’s 1603 program, bringing the total to more than $1 billion awarded to date to companies committed to investing in domestic renewable energy production.
“This Recovery Act program is an example of a true federal partnership with the private sector,” said Treasury Secretary Geithner. “Not only are our Recovery dollars meeting an immediate funding need among innovative companies, they are also jumpstarting private sector investment in communities across the country – with benefits for the renewable energy industry and our economy alike.”
Said Secretary Chu: “These investments are crucial to ensuring America can compete and win in the race for the clean energy jobs of the future. With American workers and American innovation, we can and must lead the world when it comes to the new Industrial Revolution in clean energy.”
Created under Section 1603 of the Recovery Act, the program provides cash assistance to energy producers in place of tax credits. The payments improve project viability, enabling companies to create and retain jobs, and establish sufficient financing bases for projects that may otherwise not be possible, dramatically expanding and accelerating the development of renewable energy projects throughout the country. Under this program, the federal government provides a cash payment in lieu of a tax credit totaling 30 percent of the qualifying cost of the project; for each federal dollar spent in payments, more than two dollars are spent in private sector investments.
Today the Treasury Department will make the second round of awards, all of which will be made in half the statutorily mandated turnaround time of 60 days. The first round of awards totaling $502 million was announced on September 1, 2009. Today’s announcement provides an additional $550 million. The 1603 program is having an immediate effect on the renewable energy industry by significantly increasing the availability and liquidity of project capital in three ways:
•Recycling grants into new projects. Project developers are able to begin construction of additional projects thanks to the extra capital from the grants they are receiving. •Increasing the flow of capital. By reversing the drop in availability of equity investment available, the 1603 program brings significant private capital off the sidelines to finance more renewables projects. •Attracting investment for domestic projects. Large project developers allocate capital across many countries, and the 1603 program is attracting billions of dollars of additional capital towards projects in the US.Project developers receiving awards through this program participated in today's meeting, including Ameresco, First Wind, Horizon Wind, and Sun Edison. Also participating were several renewables manufacturers who supply these developers, including Cardinal Fastener, GE Energy, Gamesa, Solyndra, and Vestas Americas.
•At a site in Pittsburgh, CA, Ameresco is using a landfill to provide power to the City of Palo Alto. Payments awarded because of this project will allow Ameresco to accelerate its development of renewable energy projects by a minimum of four more domestic projects a year. •Solyndra is helping to provide energy to a building in downtown Denver, CO through solar panels on the roof, a project that would not have been possible without Recovery Act payments. •Vestas Americas has made a significant investment in developing renewable energy in the United States. The company has allocated $1 billion for new manufacturing facilities throughout the country, and the 1603 program will allow these facilities to be fully operational by 2011.The following is a chart of the 25 projects that qualified for awards as part of today’s announcement.
STATE PROJECT/SUBSIDIARY LOCATION AMOUNT CA Bob's Big Boy LLC Burbank, CA $53,648 CA Ameresco Half Moon Bay LLC Half Moon Bay, CA $6,641,747 CA Ameresco Keller Canyon LLC Pittsburgh, CA $2,796,377 CA BioFuel Oasis Cooperative, Inc Berkely, CA $16,858 CO 5135 Company Denver, CO $23,130 FL Conditioned Air Corporation of Naples Naples, FL $50,250 HI Two Daughters Kihei, HI $15,150 IA Barton Wind Farm Kinsett, IA $93,419,883 MN BI Minneapolis, MN $25,649 MN Spruce Tree Centre St. Paul, MN $107,764 MO Farmers City Wind Farm Tarkio, MO $84,959,857 MO Ameresco Jefferson City LLC Jefferson City, MO $2,300,244 NC Solar Billboard Property Bolivia, NC $5,850 NJ Meadowlands Exposition Center Secaucus, NJ $767,937 NJ EHT Leasing LLC Egg Harbor Township, NJ $118,560 NJ OC Kearny Kearny, NJ $992,006 NV Enel Salt Wells, LLC Fallon, NV $21,196,478 NV Enel Stillwater, LLC Fallon, NV $40,324,394 NY OP 110 E. 59th St. CHP New York, NY $415,774 SD Impervious Energy Systems, LLC Whitewood, SD $31,511 TX Barton Chapel Wind Farm Jacksboro, TX $72,573,627 TX Rio Grande Valley Sugar Growers, Inc. Santa Rosa, TX $10,232,261 TX Bull Creek Wind LLC O'Donnell, TX $91,390,497 TX Pyron Wind Farm, LLC Roscoe, TX $121,903,306 VT Wheeler Brook Apartments Warren, VT $19,155 $550,381,913
Media contact(s):Energy Public Affairs, (202) 586-4940Treasury Public Affairs (202) 622-2960
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Press Conference by United Nations Leadership Forum on Climate Change
Press Conference by United Nations Leadership Forum on Climate Change
http://www.un.org/News/briefings/docs//2009/090922_Leadership.doc.htm
September 22, 2009
Reaching agreement at the upcoming Copenhagen Climate Conference on a new pact to reduce greenhouse gas emissions would be a “daunting” challenge, but not an impossible one, Al Gore told correspondents today during a press conference of the United Nations Leadership Forum on Climate Change.
Mr. Gore, Nobel Laureate and Chairman of Generation Investment Management, said that 76 days before the start of the Copenhagen Summit, personal involvement of Heads of State and Government would be crucial to break the current deadlock on crafting a successor treaty to the Kyoto Protocol. That Treaty’s first commitment period is set to expire in 2012.
In that regard, he was particularly encouraged by the leadership of the United States. As Congress was currently weighing climate change legislation, he noted that United States President Barack Obama had pledged to get personally involved in pushing key climate change legislation through the Senate before Copenhagen.
For his part, Mr. Gore called on the United States Senate to pass the bill quickly and not be distracted by “backward-looking” amendments such as one that could strip the Government of its authority to mandate CO2 emissions under the Clean Air Act. In addition, he called on all participants in today’s meeting on climate change, convened by the United Nations Secretary-General, to move forward on concrete proposals for financing of adaptation and technology transfer.
The press conference, moderated by Robert Orr, Assistant Secretary-General for Policy Coordination and Strategic Planning, also featured: Lars Løkke Rasmussen, Prime Minister of Denmark; Helmy Abouleish, Managing Director, SEKEM; Djimon Hounsou, actor; Barbara Krumsiek, President, Calvert Investments; and Zhengrong Shi, Chairman, Suntech. By demonstrating explicit private sector support for bold climate action, the Forum intends to build positive political momentum towards the Copenhagen Climate Conference, set for 7 to 18 December.
Prime Minister Rasmussen, of Denmark, said the international business community and civil society sought a decisive solution to climate change that would stimulate green growth and development. The outcome of the Copenhagen Conference should be ambitious and binding, and should include the two-degree warming scenario. The industrialized countries should commit themselves to short‑, mid- and long-term substantive reduction targets.
Moreover, he said developing countries should be invited to take domestic actions leading to an estimate of their emission patterns. Developed countries should commit themselves to financing adaptation and transfer of green technologies. The agreement should also integrate a monitoring, reporting and verification framework. The private sector would play a vital role in shaping a low-carbon future.
Mr. Shi said that leadership by the United States and China would be vital in combating climate change. In order to promote and increase application of clean technologies, close cooperation in the area of clean technologies such as wind and solar power, without trade barriers or protectionism, was necessary. A global climate change agreement would offer huge opportunities to clean technologies, he declared, noting that over the past five years, the solar industry in Europe, the United States, Japan and China had grown more than 50 per cent. Over the next two to five years, the cost of solar-generated energy was predicted to drop, so the price of solar electricity would become competitive.
Mr. Abouleish said that farmers in Egypt and Africa were very concerned about the impact of climate change on agriculture. Specifically, Egypt would be the second most impacted country in the world because of, among other things, rising sea levels. At the same time however, farming was also part of the solution, as it could contribute up to 30 per cent of the needed abatement. He called on the Copenhagen Conference to include consideration of sustainable agriculture and forest management, as well as for incentives for farmers to work for food security, and at the same time, to save the planet. Commercial enterprises had an obligation beyond profit making and must report on their carbon footprint.
Ms. Krumsiek said Calvert Investments provided mutual funds that invested in socially and environmentally responsible companies, and focused on environmental and financial performance. There was no greater issue for investors than climate change. The long-term sustainability of companies would be based on decisions taken today. Investors needed a “robust agreement” in Copenhagen, in order to better measure and manage risk. She urged the leaders of the world to come together and work to “seal the deal”.
For his part, Mr. Hounsou added that he had seen first-hand the devastation wrought by drought in sub-Saharan countries and urged all to have respect for the planet. Deserts were advancing at a fast pace, especially that region, and action must be taken “now”.
Answering questions about the status of the climate change bill in the Senate, Mr. Gore said the United States had an “almost unique” role in providing important leadership in the situation. The moral authority President Obama could wield in Copenhagen would be greatly enhanced if the Senate passed legislation before Copenhagen. That legislation had been delayed by the controversy over health care, but there were indications that that deadlock would soon be broken.
Mr. Gore also highlighted the influence of the judiciary in his country, pointing out that the Supreme Court had recently ruled that C02 was a pollutant covered by the Clean Air Act, so the Environmental Protection Agency now had the authority to mandate reductions. Legislation against that authority would be vetoed by the President. Yesterday, a Federal Court ruled that large CO2 emitters could be sued under common law, he said.
Mr. Rasmussen added that the United States would still play a strong leadership role, even if no legislation was passed, especially in the person of President Obama. The private sector was ready to invest if they heard a clear signal of long-term commitment from world leaders.
In that regard, Ms. Krumsiek pointed out that there was a statement, signed by some 200 institutional investors managing a total of $13 trillion, on the need to reach agreement in Copenhagen. Including the private sector in the process was necessary. There was self-interest involved in inclusion, she said, answering a question about the standards used at the United Nations in working with the private sector. To exclude companies’ involvement in the Forum, on the basis of self-interest, would lose a “robust” business presence that could contribute to solutions.
Mr. Orr added that the collective private sector needed to be part of the solution. The United Nations had invited key players to the table. The Global Compact had been engaging with a wide range of companies, with a resulting improvement in performance. Approximately 40 per cent of participating companies reported their greenhouse emissions and climate change data to the Carbon Disclosure Project.
Asked about the statement by China’s representative at the opening of today’s events this morning, Mr. Gore said that that country had provided “impressive” leadership in combating climate change. It was the leading nation in wind and solar power, and had planted two-and-a-half times more trees than the entire rest of the world together. The goals announced today were not insignificant and there were indications that if progress in negotiations was made, China would do more, he said.
As for this morning’s statement by President Obama, Mr. Gore had been encouraged by his promise to get personally involved in the work of the Senate Committees trying to pass climate change legislation. President Obama’s statement had also included a reference to a “highly significant” measure on greenhouse gas reporting. That would force companies to reduce their emissions, out of fear that their reputation would be damaged.
To a question about technology transfer and concerns about intellectual property, Mr. Shi said collaboration in clean technology was global. China could produce solar power cells cheaply, but must import advanced manufacturing equipment from abroad. More exchange of innovative manufacturing technologies was necessary and teamwork was needed in order to produce cheaper green energy products, as green power was currently too expensive. The technology was there and investors were ready to act, but the business community wanted real action at Copenhagen.
Mr. Rasmussen added that technology transfer must be an integrated part of Copenhagen and the United States had proposed a framework on technology cooperation. Co-financing of transfers to developing countries was also necessary.
However, Mr. Abouleish pointed out that technology transfer to developing countries was not happening today, due to the lack of a framework and a funding mechanism. Asked about a lack of awareness among the people in Egypt and Africa, he said that the citizens and media must promote discussion about climate change and that the Governments must be lobbied. He warned that companies that did not engage today would not exist 15 years from now.
Mr. Gore added that soil carbon conservation and the re-carbonization of soil must be the next stage in the negotiating process. A clear signal at Copenhagen, that carbon and soil issues would be included in future talks, would be a very important measure to help build the confidence of developing nations, most of all in sub-Saharan Africa, where soil carbon had been so depleted that it was now greatly contributing to food insecurity. Re-carbonization of soil could be done with new technologies, application of which could result in carbon credits.
Addressing a question about the principle of common but differentiated responsibility, Mr. Rasmussen said the phrase for Copenhagen meant that rich countries must commit to short-, mid- and long-term reduction targets. Developing countries must commit to actions, whereby it would be fully recognized that they had the right to increase their energy consumption to support their development.
He stressed that such developing countries should, however, follow a different track in energy generation. As money was an important element, he was encouraged that the European Commission had put an offer on the table. Actions needed to be concrete.
Mr. Gore said neither word was the same as “binding”. The President of Maldives, Mohamed Nasheed, this morning had called on developing countries to undertake binding obligations for reductions. “Differentiated” meant that those reductions would not be the same as those of developed countries. There had to be support, adaptation and transfer of technology. However, there should be common obligations that were binding, even if differentiated, he declared.
News & Stories Published at Clean Energy Stocks Blog.
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http://www.un.org/News/briefings/docs//2009/090922_Leadership.doc.htm
September 22, 2009
Reaching agreement at the upcoming Copenhagen Climate Conference on a new pact to reduce greenhouse gas emissions would be a “daunting” challenge, but not an impossible one, Al Gore told correspondents today during a press conference of the United Nations Leadership Forum on Climate Change.
Mr. Gore, Nobel Laureate and Chairman of Generation Investment Management, said that 76 days before the start of the Copenhagen Summit, personal involvement of Heads of State and Government would be crucial to break the current deadlock on crafting a successor treaty to the Kyoto Protocol. That Treaty’s first commitment period is set to expire in 2012.
In that regard, he was particularly encouraged by the leadership of the United States. As Congress was currently weighing climate change legislation, he noted that United States President Barack Obama had pledged to get personally involved in pushing key climate change legislation through the Senate before Copenhagen.
For his part, Mr. Gore called on the United States Senate to pass the bill quickly and not be distracted by “backward-looking” amendments such as one that could strip the Government of its authority to mandate CO2 emissions under the Clean Air Act. In addition, he called on all participants in today’s meeting on climate change, convened by the United Nations Secretary-General, to move forward on concrete proposals for financing of adaptation and technology transfer.
The press conference, moderated by Robert Orr, Assistant Secretary-General for Policy Coordination and Strategic Planning, also featured: Lars Løkke Rasmussen, Prime Minister of Denmark; Helmy Abouleish, Managing Director, SEKEM; Djimon Hounsou, actor; Barbara Krumsiek, President, Calvert Investments; and Zhengrong Shi, Chairman, Suntech. By demonstrating explicit private sector support for bold climate action, the Forum intends to build positive political momentum towards the Copenhagen Climate Conference, set for 7 to 18 December.
Prime Minister Rasmussen, of Denmark, said the international business community and civil society sought a decisive solution to climate change that would stimulate green growth and development. The outcome of the Copenhagen Conference should be ambitious and binding, and should include the two-degree warming scenario. The industrialized countries should commit themselves to short‑, mid- and long-term substantive reduction targets.
Moreover, he said developing countries should be invited to take domestic actions leading to an estimate of their emission patterns. Developed countries should commit themselves to financing adaptation and transfer of green technologies. The agreement should also integrate a monitoring, reporting and verification framework. The private sector would play a vital role in shaping a low-carbon future.
Mr. Shi said that leadership by the United States and China would be vital in combating climate change. In order to promote and increase application of clean technologies, close cooperation in the area of clean technologies such as wind and solar power, without trade barriers or protectionism, was necessary. A global climate change agreement would offer huge opportunities to clean technologies, he declared, noting that over the past five years, the solar industry in Europe, the United States, Japan and China had grown more than 50 per cent. Over the next two to five years, the cost of solar-generated energy was predicted to drop, so the price of solar electricity would become competitive.
Mr. Abouleish said that farmers in Egypt and Africa were very concerned about the impact of climate change on agriculture. Specifically, Egypt would be the second most impacted country in the world because of, among other things, rising sea levels. At the same time however, farming was also part of the solution, as it could contribute up to 30 per cent of the needed abatement. He called on the Copenhagen Conference to include consideration of sustainable agriculture and forest management, as well as for incentives for farmers to work for food security, and at the same time, to save the planet. Commercial enterprises had an obligation beyond profit making and must report on their carbon footprint.
Ms. Krumsiek said Calvert Investments provided mutual funds that invested in socially and environmentally responsible companies, and focused on environmental and financial performance. There was no greater issue for investors than climate change. The long-term sustainability of companies would be based on decisions taken today. Investors needed a “robust agreement” in Copenhagen, in order to better measure and manage risk. She urged the leaders of the world to come together and work to “seal the deal”.
For his part, Mr. Hounsou added that he had seen first-hand the devastation wrought by drought in sub-Saharan countries and urged all to have respect for the planet. Deserts were advancing at a fast pace, especially that region, and action must be taken “now”.
Answering questions about the status of the climate change bill in the Senate, Mr. Gore said the United States had an “almost unique” role in providing important leadership in the situation. The moral authority President Obama could wield in Copenhagen would be greatly enhanced if the Senate passed legislation before Copenhagen. That legislation had been delayed by the controversy over health care, but there were indications that that deadlock would soon be broken.
Mr. Gore also highlighted the influence of the judiciary in his country, pointing out that the Supreme Court had recently ruled that C02 was a pollutant covered by the Clean Air Act, so the Environmental Protection Agency now had the authority to mandate reductions. Legislation against that authority would be vetoed by the President. Yesterday, a Federal Court ruled that large CO2 emitters could be sued under common law, he said.
Mr. Rasmussen added that the United States would still play a strong leadership role, even if no legislation was passed, especially in the person of President Obama. The private sector was ready to invest if they heard a clear signal of long-term commitment from world leaders.
In that regard, Ms. Krumsiek pointed out that there was a statement, signed by some 200 institutional investors managing a total of $13 trillion, on the need to reach agreement in Copenhagen. Including the private sector in the process was necessary. There was self-interest involved in inclusion, she said, answering a question about the standards used at the United Nations in working with the private sector. To exclude companies’ involvement in the Forum, on the basis of self-interest, would lose a “robust” business presence that could contribute to solutions.
Mr. Orr added that the collective private sector needed to be part of the solution. The United Nations had invited key players to the table. The Global Compact had been engaging with a wide range of companies, with a resulting improvement in performance. Approximately 40 per cent of participating companies reported their greenhouse emissions and climate change data to the Carbon Disclosure Project.
Asked about the statement by China’s representative at the opening of today’s events this morning, Mr. Gore said that that country had provided “impressive” leadership in combating climate change. It was the leading nation in wind and solar power, and had planted two-and-a-half times more trees than the entire rest of the world together. The goals announced today were not insignificant and there were indications that if progress in negotiations was made, China would do more, he said.
As for this morning’s statement by President Obama, Mr. Gore had been encouraged by his promise to get personally involved in the work of the Senate Committees trying to pass climate change legislation. President Obama’s statement had also included a reference to a “highly significant” measure on greenhouse gas reporting. That would force companies to reduce their emissions, out of fear that their reputation would be damaged.
To a question about technology transfer and concerns about intellectual property, Mr. Shi said collaboration in clean technology was global. China could produce solar power cells cheaply, but must import advanced manufacturing equipment from abroad. More exchange of innovative manufacturing technologies was necessary and teamwork was needed in order to produce cheaper green energy products, as green power was currently too expensive. The technology was there and investors were ready to act, but the business community wanted real action at Copenhagen.
Mr. Rasmussen added that technology transfer must be an integrated part of Copenhagen and the United States had proposed a framework on technology cooperation. Co-financing of transfers to developing countries was also necessary.
However, Mr. Abouleish pointed out that technology transfer to developing countries was not happening today, due to the lack of a framework and a funding mechanism. Asked about a lack of awareness among the people in Egypt and Africa, he said that the citizens and media must promote discussion about climate change and that the Governments must be lobbied. He warned that companies that did not engage today would not exist 15 years from now.
Mr. Gore added that soil carbon conservation and the re-carbonization of soil must be the next stage in the negotiating process. A clear signal at Copenhagen, that carbon and soil issues would be included in future talks, would be a very important measure to help build the confidence of developing nations, most of all in sub-Saharan Africa, where soil carbon had been so depleted that it was now greatly contributing to food insecurity. Re-carbonization of soil could be done with new technologies, application of which could result in carbon credits.
Addressing a question about the principle of common but differentiated responsibility, Mr. Rasmussen said the phrase for Copenhagen meant that rich countries must commit to short-, mid- and long-term reduction targets. Developing countries must commit to actions, whereby it would be fully recognized that they had the right to increase their energy consumption to support their development.
He stressed that such developing countries should, however, follow a different track in energy generation. As money was an important element, he was encouraged that the European Commission had put an offer on the table. Actions needed to be concrete.
Mr. Gore said neither word was the same as “binding”. The President of Maldives, Mohamed Nasheed, this morning had called on developing countries to undertake binding obligations for reductions. “Differentiated” meant that those reductions would not be the same as those of developed countries. There had to be support, adaptation and transfer of technology. However, there should be common obligations that were binding, even if differentiated, he declared.
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Visit the Renewable energy stocks directory at
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Membership sign-up- get access to all of our green stock directories and water stock directory. Get 8 stock directories and the investor newsletter - The Insiders Corner for just $99 year !
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