Cleantech News; BP ( BP: NYSE) to Proceed With Costner Centrifuge Devices to Cleanup Gulf Oil Spill
Ocean Therapy Solutions: Providing Global Solutions for Oil Recovery
New Orleans, LA http://www.ots.org/ cleantech news; ( http://www.investorideas.com/ clean energy blog )
British Petroleum ( BP: NYSE) signed a letter of intent with Ocean Therapy Solutions to deploy thirty-two centrifuge machines to assist in the cleanup of oil in the Gulf of Mexico. BP agreed to use the technology after testing machines during the past week.
In testimony before the House of Representatives' Science and Technology committee, Ocean Therapy Solutions partner Kevin Costner told the panel about the challenges he faced bringing the technology into industrial use, including his own personal investment of over $20 million developing the technology. He urged committee members to legislate that oil rigs be required to have mitigation equipment onsite. ”We've legislated life preservers. We legislated fire extinguishers,” Costner said. ”We legislated lifeboats and first aid kits. It seems logical that as long as the oil industry profits from the sea, they have the legal obligation to protect it, except when they find themselves fighting for life and limb.”
Just one of the company's V20 machines can clean up to 210,000 gallons of oily water per day. There are 3 V20 centrifuge machines currently operational in the Gulf. Ten more should become operational within weeks. ”Once production at our factory in Nevada ramps up in July, OTS will be able to produce 10 machines a month,” said Pat Smith, Chief Operating Officer for OTS. ”We are currently ramping up production of new machines with a goal toward deploying the machines along the entire coast,” he said.
”We have chosen teaming partners that are at ground zero and understand the challenges we face, including Edison Chouest Offshore, the largest offshore supply company in the Gulf of Mexico,” said John W. Houghtaling II, Chief Executive Officer of Ocean Therapy Solutions.
The centrifuge machines are sophisticated centrifuge devices that can handle a huge volume of water and separate oil at unprecedented rates. Costner has been funding a team of scientists for the last 15 years to develop a technology which could be used for massive oil spills.
The machines are taken out into the spill area via barges, where they can separate the oil and water. The machines come in different sizes, the largest of which, the V20, can clean water at a rate of 200 gallons per minute. Depending on the oil to water ratio, the machine has the ability to extract 2,000 barrels of oil a day from the Gulf. Once separation has occurred, the oil is stored in tanks. The water is then more than 99% clean of crude.
Siurce Ocean Therapy Solutions: http://www.ots.org/
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Sunday, June 20, 2010
Wind Stocks; Shear Wind (TSX. V:SWX), Announces the Planned Establishment of a Limited Partnership to Own and Advance Glen Dhu North Project
Wind Stocks; Shear Wind (TSX. V:SWX), Announces the Planned Establishment of a Limited Partnership to Own and Advance Glen Dhu North Project
HALIFAX, NOVA SCOTIA--Wind stocks; ( http://www.investorideas.com/ - clean energy stocks blog ) Shear Wind Inc. (TSX VENTURE:SWX), announced today that Shear Wind and Genera Avante Holdings Canada Inc. ("GAHC") intend to establish a limited partnership under the laws of Manitoba to be known as Glen Dhu Wind Energy Limited Partnership ("GDWE LP"). Subject to receipt of all required shareholder, third party and regulatory approvals and consents, including the approval of the TSX Venture Exchange, Shear Wind intends to transfer all of the assets (the "Assets") related Shear Wind's 60 megawatt Glen Dhu wind power project in Nova Scotia in Antigonish and Pictou counties (the "Glen Dhu North Project") to GDWE LP (the "Asset Transfer"). The purchase price of the Assets is anticipated to be the fair market value of the Assets and to be satisfied through the issuance of limited partnership units of GDWE LP ("Units") to Shear Wind. Further details of the purchase price will be disclosed once the terms of the definitive asset purchase agreement are determined.
Immediately following the completion of the Asset Transfer, Shear Wind and GAHC intend to subscribe for Units such that, upon completion of the Asset Transfer and the subscriptions (collectively, the "Transactions"), Shear Wind shall own approximately 51% of the Units and GAHC shall own approximately 49% of the Units, subject to further adjustments once the total equity and debt financing requirements for the Glen Dhu North Project are determined. Shear Wind is therefore anticipated to retain control of the Glen Dhu North Project. GAHC currently holds 66% of the issued and outstanding shares of Shear Wind on an undiluted basis and 62% on a fully-diluted basis.
Shear Wind anticipates finalizing the terms and conditions of the required debt financing for the Glen Dhu North Project within the next several weeks and to close such a financing by the end of July.
Pursuant to an asset purchase agreement, GDWE LP will purchase and assume responsibility for all of the Assets and obligations associated with the Glen Dhu North Project, including, but not limited to the power purchase agreement with Nova Scotia Power Inc. dated April 1, 2008, the engineering, procurement and construction agreement and operating and maintenance agreements with ENERCON Canada Inc. dated May 27, 2010 and all permits and agreements to lease real property.
The Transactions are all anticipated to be concluded prior to June 30, 2010, subject to the receipt of all required approvals and consents, the conclusion of definitive agreements related to the Transactions and the receipt of a formal valuation prepared in accordance with Multilateral Instrument 61-101 and a fairness opinion from PricewaterhouseCoopers LLP ("Formal Valuation and Fairness Opinion"). The Formal Valuation and Fairness Opinion are being prepared for the sole use of the independent members of the Board of Directors and are subject to certain limitations and assumptions. The Formal Valuation and Fairness Opinion will be one factor, among others, considered by the independent members of the Board of Directors in making their recommendation to shareholders.
Shear Wind intends to obtain the requisite shareholder approval, including the approval of the majority of minority shareholders (excluding GAHC or its affiliates) via written consent and shall provide a copy of the Formal Valuation and Fairness Opinion with the written consent.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Shear Wind in any jurisdiction.
About Shear Wind
Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is engaged in the exploration and development of renewable wind energy properties in Canada. Shear Wind is focused on building a strong company based on a secure and sustainable supply of clean wind energy. Shear Wind is committed to building shareholder value governed by environmental stewardship. Additional information on the various projects may be viewed on Shear Wind's website: http://www.shearwind.com/
Forward-Looking Statements / Information
This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects, using words including "anticipate", "believe", "could", "expect", "intend", "may", "plan", "potential", "project", "seek", "should", "will", "would" and similar expressions, which are intended to identify a number of these forward-looking statements. More particularly, and without limitation, this press release contains forward looking statements concerning: the obtaining of shareholder approvals, TSX Venture Exchange approvals and the closing date of the Asset Transfer. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. Actual results may differ materially from information contained in the forward-looking information as a result of a number of material factors, including failure to secure adequate financing to develop projects of Shear Wind. Shear Wind undertakes no obligation to publicly update or revise any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.
Shear Wind Inc. trades on the TSX Venture Exchange under the symbol "SWX".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Shear Wind Inc.
Mike Magnus
President & CEO
Head Office: 902-444-7420
mmagnus@shearwind.com
http://www.shearwind.com/
____________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
HALIFAX, NOVA SCOTIA--Wind stocks; ( http://www.investorideas.com/ - clean energy stocks blog ) Shear Wind Inc. (TSX VENTURE:SWX), announced today that Shear Wind and Genera Avante Holdings Canada Inc. ("GAHC") intend to establish a limited partnership under the laws of Manitoba to be known as Glen Dhu Wind Energy Limited Partnership ("GDWE LP"). Subject to receipt of all required shareholder, third party and regulatory approvals and consents, including the approval of the TSX Venture Exchange, Shear Wind intends to transfer all of the assets (the "Assets") related Shear Wind's 60 megawatt Glen Dhu wind power project in Nova Scotia in Antigonish and Pictou counties (the "Glen Dhu North Project") to GDWE LP (the "Asset Transfer"). The purchase price of the Assets is anticipated to be the fair market value of the Assets and to be satisfied through the issuance of limited partnership units of GDWE LP ("Units") to Shear Wind. Further details of the purchase price will be disclosed once the terms of the definitive asset purchase agreement are determined.
Immediately following the completion of the Asset Transfer, Shear Wind and GAHC intend to subscribe for Units such that, upon completion of the Asset Transfer and the subscriptions (collectively, the "Transactions"), Shear Wind shall own approximately 51% of the Units and GAHC shall own approximately 49% of the Units, subject to further adjustments once the total equity and debt financing requirements for the Glen Dhu North Project are determined. Shear Wind is therefore anticipated to retain control of the Glen Dhu North Project. GAHC currently holds 66% of the issued and outstanding shares of Shear Wind on an undiluted basis and 62% on a fully-diluted basis.
Shear Wind anticipates finalizing the terms and conditions of the required debt financing for the Glen Dhu North Project within the next several weeks and to close such a financing by the end of July.
Pursuant to an asset purchase agreement, GDWE LP will purchase and assume responsibility for all of the Assets and obligations associated with the Glen Dhu North Project, including, but not limited to the power purchase agreement with Nova Scotia Power Inc. dated April 1, 2008, the engineering, procurement and construction agreement and operating and maintenance agreements with ENERCON Canada Inc. dated May 27, 2010 and all permits and agreements to lease real property.
The Transactions are all anticipated to be concluded prior to June 30, 2010, subject to the receipt of all required approvals and consents, the conclusion of definitive agreements related to the Transactions and the receipt of a formal valuation prepared in accordance with Multilateral Instrument 61-101 and a fairness opinion from PricewaterhouseCoopers LLP ("Formal Valuation and Fairness Opinion"). The Formal Valuation and Fairness Opinion are being prepared for the sole use of the independent members of the Board of Directors and are subject to certain limitations and assumptions. The Formal Valuation and Fairness Opinion will be one factor, among others, considered by the independent members of the Board of Directors in making their recommendation to shareholders.
Shear Wind intends to obtain the requisite shareholder approval, including the approval of the majority of minority shareholders (excluding GAHC or its affiliates) via written consent and shall provide a copy of the Formal Valuation and Fairness Opinion with the written consent.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Shear Wind in any jurisdiction.
About Shear Wind
Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is engaged in the exploration and development of renewable wind energy properties in Canada. Shear Wind is focused on building a strong company based on a secure and sustainable supply of clean wind energy. Shear Wind is committed to building shareholder value governed by environmental stewardship. Additional information on the various projects may be viewed on Shear Wind's website: http://www.shearwind.com/
Forward-Looking Statements / Information
This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects, using words including "anticipate", "believe", "could", "expect", "intend", "may", "plan", "potential", "project", "seek", "should", "will", "would" and similar expressions, which are intended to identify a number of these forward-looking statements. More particularly, and without limitation, this press release contains forward looking statements concerning: the obtaining of shareholder approvals, TSX Venture Exchange approvals and the closing date of the Asset Transfer. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. Actual results may differ materially from information contained in the forward-looking information as a result of a number of material factors, including failure to secure adequate financing to develop projects of Shear Wind. Shear Wind undertakes no obligation to publicly update or revise any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.
Shear Wind Inc. trades on the TSX Venture Exchange under the symbol "SWX".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Shear Wind Inc.
Mike Magnus
President & CEO
Head Office: 902-444-7420
mmagnus@shearwind.com
http://www.shearwind.com/
____________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Gulf Coast Oil Spill Update ; BP ( BP:NYSE) Claim Payments Exceed $100 Million
Gulf Coast Oil Spill Update ; BP ( BP:NYSE) Claim Payments Exceed $100 Million
Release date: 19 June 2010 ( http://www.investorideas.com/ -clean energy stocks blog )
31,000 checks issued in seven weeks New Orleans, La - BP said today that it has paid $104 million to residents along the Gulf Coast for claims filed as a result of the oil spill in the Gulf of Mexico. BP has issued more than 31,000 checks in the past seven weeks.
"Our focus has been on getting money into the hands of fishermen, shrimpers, condo owners and others who have not been able to earn income due to the spill," said Darryl Willis, of the BP claims team. "We have also been addressing the larger, more complex claims and have been successful in sending more checks to commercial entities."
BP has received about 64,000 claims to date. A 1,000-member claim team is working around the clock to receive and process claims. There are 33 field offices set up in the States of Louisiana, Mississippi, Alabama and Florida, and BP is accepting calls through an 800 number as well as accepting applications online. BP has received about 84,000 calls on the claims alone.
The average time from filing a claim to checks being issued is 4 days for individuals and seven days for more complex business claims that have provided supporting documentation. Willis said BP's commitment is to move expeditiously and fairly to meet the needs of the residents of the Gulf Coast.
Claims can be filed by phone at 1-800-440-0858 (TTY device 1-800-573-8249), on the web at www.bp.com/claims, or by visiting one of our claims offices across the Gulf Coast.
Further information BP Press Office London: +44 20 7496 4076
BP Press Office, US: +1 281 366 0265
Unified Command Joint Information Center :+1 985-902-5231
http://www.deepwaterhorizonresponse.com/
www.bp.com/gulfofmexicoresponse
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech :
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Release date: 19 June 2010 ( http://www.investorideas.com/ -clean energy stocks blog )
31,000 checks issued in seven weeks New Orleans, La - BP said today that it has paid $104 million to residents along the Gulf Coast for claims filed as a result of the oil spill in the Gulf of Mexico. BP has issued more than 31,000 checks in the past seven weeks.
"Our focus has been on getting money into the hands of fishermen, shrimpers, condo owners and others who have not been able to earn income due to the spill," said Darryl Willis, of the BP claims team. "We have also been addressing the larger, more complex claims and have been successful in sending more checks to commercial entities."
BP has received about 64,000 claims to date. A 1,000-member claim team is working around the clock to receive and process claims. There are 33 field offices set up in the States of Louisiana, Mississippi, Alabama and Florida, and BP is accepting calls through an 800 number as well as accepting applications online. BP has received about 84,000 calls on the claims alone.
The average time from filing a claim to checks being issued is 4 days for individuals and seven days for more complex business claims that have provided supporting documentation. Willis said BP's commitment is to move expeditiously and fairly to meet the needs of the residents of the Gulf Coast.
Claims can be filed by phone at 1-800-440-0858 (TTY device 1-800-573-8249), on the web at www.bp.com/claims, or by visiting one of our claims offices across the Gulf Coast.
Further information BP Press Office London: +44 20 7496 4076
BP Press Office, US: +1 281 366 0265
Unified Command Joint Information Center :+1 985-902-5231
http://www.deepwaterhorizonresponse.com/
www.bp.com/gulfofmexicoresponse
_________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech :
water stocks, renewable energy stocks, environment stocks directories - thousands of green stocks to research and trade - Learn more : http://www.investorideas.com/membership/
Saturday, June 19, 2010
Cleantech Oil Spill Stocks; EVTN Presents Oil Spill Technology on CNBC
Cleantech Oil Spill Stocks; EVTN Presents Oil Spill Technology on CNBC;
Announces BP Review of Its Voraxial® Oil/Water Separator
FORT LAUDERDALE, Fla., As released June 9 Cleantech news ( http://www.investorideas.com/ clean energy blog ) - Enviro Voraxial Technology, Inc. (OTCBB: EVTN.OB) was featured on the CNBC Television Show "Power Lunch," June 7, 2010 with Tyler Mathison, Michelle Cabrera and Sue Herera. The show presented EVTN as an example of private sector American entrepreneurial spirit, developing effective solutions to control and clean major oil spills.
The EVTN segment of this show may be seen by clicking on the following link: http://www.cnbc.com/id/15840232/?video=1515795009&play=1
During the show it was announced that British Petroleum (BP) notified EVTN that it is reviewing EVTN's Voraxial® Separator technology for possible application to its oil spill response program.
Mr. John A. Di Bella provided examples of the huge volumes of oil-contaminated sea water that could be processed by EVTN's patented Voraxial® Separator, as compared to the average oil recovery reported for the entire deployed Gulf fleet since the beginning of the Deepwater Horizon disaster. A single Voraxial® 4000 Separator, EVTN's medium size model, can separate over 700,000 gallons of oil/water mixture per day. EVTN's largest model, the Voraxial® 8000 Separator can separate over 5 million gallons of oil/water mixture per day. According to Deepwater Horizon's website, as of June 8, 2010 a total of approximately 16 million gallons of oil/water mixture has been collected since the spill began in April.
"The Voraxial® Separator's unique characteristics allow the technology to be used in various industries for many different applications, including oil spill recovery. The Voraxial Separator is ideal for oil spill recovery and we are pursuing a number of opportunities to deploy our units to the Gulf," stated John A. Di Bella, COO of EVTN. "The Voraxial offers one of the best solutions to mitigate this crisis as we can significantly increase the amount of oil/water mixture processed and quickly separate the oil from the captured mixture."
About EVTN: Enviro Voraxial Technology, Inc. (OTCBB "EVTN") is a Fort Lauderdale, Florida-based CleanTech company that developed and manufactures the Voraxial®, arguably the world's most efficient technology for high volume, bulk separation of fluids such as oil and water.
The Voraxial® Separator is a scalable cost-effective, mechanical separator that separates contaminants at high volumes with less space, energy and weight than conventional equipment. The Voraxial® Separator benefits include: high volume/small footprint, no pressure drop requirement, 2-way or 3 way separation, handles fluctuations in flow rate and oil concentration without any adjustments, high "g" force and less maintenance than conventional equipment. These benefits result in significant acquisition and operating cost savings to the customer.
The separation market encompasses a series of multi-billion dollar segments, spread globally across many industries and applications. Including: oil & gas exploration and production, mining, environmental, clean water, waste treatment, bio-fuel refining, remediation and much more. EVTN was originally founded as a high precision aerospace manufacturer that built the gyro platforms for the Hubble space telescope as well as missile and satellite components. The Voraxial® is now successfully commercialized with world class customers and is the exclusive focus of EVTN's business. EVTN owns significant IP surrounding the Voraxial®.
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial® Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial® Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial® Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial® and its subsidiaries to differ materially from those indicated by such forward-looking statements.
Company web site: http://www.evtn.com/
SOURCE Enviro Voraxial Technology, Inc.
_________________________________________________________________-
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today:
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Announces BP Review of Its Voraxial® Oil/Water Separator
FORT LAUDERDALE, Fla., As released June 9 Cleantech news ( http://www.investorideas.com/ clean energy blog ) - Enviro Voraxial Technology, Inc. (OTCBB: EVTN.OB) was featured on the CNBC Television Show "Power Lunch," June 7, 2010 with Tyler Mathison, Michelle Cabrera and Sue Herera. The show presented EVTN as an example of private sector American entrepreneurial spirit, developing effective solutions to control and clean major oil spills.
The EVTN segment of this show may be seen by clicking on the following link: http://www.cnbc.com/id/15840232/?video=1515795009&play=1
During the show it was announced that British Petroleum (BP) notified EVTN that it is reviewing EVTN's Voraxial® Separator technology for possible application to its oil spill response program.
Mr. John A. Di Bella provided examples of the huge volumes of oil-contaminated sea water that could be processed by EVTN's patented Voraxial® Separator, as compared to the average oil recovery reported for the entire deployed Gulf fleet since the beginning of the Deepwater Horizon disaster. A single Voraxial® 4000 Separator, EVTN's medium size model, can separate over 700,000 gallons of oil/water mixture per day. EVTN's largest model, the Voraxial® 8000 Separator can separate over 5 million gallons of oil/water mixture per day. According to Deepwater Horizon's website, as of June 8, 2010 a total of approximately 16 million gallons of oil/water mixture has been collected since the spill began in April.
"The Voraxial® Separator's unique characteristics allow the technology to be used in various industries for many different applications, including oil spill recovery. The Voraxial Separator is ideal for oil spill recovery and we are pursuing a number of opportunities to deploy our units to the Gulf," stated John A. Di Bella, COO of EVTN. "The Voraxial offers one of the best solutions to mitigate this crisis as we can significantly increase the amount of oil/water mixture processed and quickly separate the oil from the captured mixture."
About EVTN: Enviro Voraxial Technology, Inc. (OTCBB "EVTN") is a Fort Lauderdale, Florida-based CleanTech company that developed and manufactures the Voraxial®, arguably the world's most efficient technology for high volume, bulk separation of fluids such as oil and water.
The Voraxial® Separator is a scalable cost-effective, mechanical separator that separates contaminants at high volumes with less space, energy and weight than conventional equipment. The Voraxial® Separator benefits include: high volume/small footprint, no pressure drop requirement, 2-way or 3 way separation, handles fluctuations in flow rate and oil concentration without any adjustments, high "g" force and less maintenance than conventional equipment. These benefits result in significant acquisition and operating cost savings to the customer.
The separation market encompasses a series of multi-billion dollar segments, spread globally across many industries and applications. Including: oil & gas exploration and production, mining, environmental, clean water, waste treatment, bio-fuel refining, remediation and much more. EVTN was originally founded as a high precision aerospace manufacturer that built the gyro platforms for the Hubble space telescope as well as missile and satellite components. The Voraxial® is now successfully commercialized with world class customers and is the exclusive focus of EVTN's business. EVTN owns significant IP surrounding the Voraxial®.
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial® Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial® Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial® Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial® and its subsidiaries to differ materially from those indicated by such forward-looking statements.
Company web site: http://www.evtn.com/
SOURCE Enviro Voraxial Technology, Inc.
_________________________________________________________________-
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today:
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Cleantech News; Establishing the Cleantech 20 by 2020
Cleantech News; Establishing the Cleantech 20 by 2020: Cleantech Sector Poised to Be a Key Engine of British Columbia's Economic Growth
2010 SDTC Cleantech Growth and Go-To-Market Report - BC Edition released
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy blog ) - The cleantech sector is on the cusp of being the green engine driving British Columbia's economic growth according to the BC Edition of Canada's first ever comprehensive report on the cleantech industry. The 2010 SDTC Cleantech Growth & Go-to-Market Report - BC Edition, authored by the Russell Mitchell Group, is based on input from 168 cleantech companies, including 37 in BC.
"In Vancouver, we are working closely with both the public and private sectors to strengthen the rapidly growing green economy," said Vancouver Mayor Gregor Robertson. "Reports like the SDTC Cleantech Growth and Go-To-Market Report are instrumental in providing us with a clear map for supporting the clean tech industry. Our city is striving to foster innovation, and we want to ensure that going green isn't just good for the environment, but good for business too."
"As this report shows, BC has an active and growing base of emerging cleantech companies, and is home to nearly a quarter of the Canadian cleantech companies to have achieved commercialization," said Iain Black, Minister of Small Business, Technology and Economic Development. "Our government will continue to strengthen this important sector by creating a business and regulatory climate that encourages B.C. cleantech innovation, investment and exporting."
Key findings from the Report include:
BC has the highest ratio of cleantech companies to GDP in Canada – BC's ratio is 175 per cent.
The BC cleantech industry is dominated by companies specifically focused on power generation. Approximately 24% of BC cleantech companies focus on power generation.
BC's distribution channels for cleantech products and processes are, on average, less developed than the rest of Canada.
"Clean technology is being integrated into virtually every sector of Canada's economy, opening up new avenues of opportunity, creating jobs, and delivering essential environmental benefits to Canadian industries," said Vicky Sharpe, President and CEO of Sustainable Development Technology Canada (SDTC). "This report will be a great tool for the industry and for all levels of government as we strive to bring BC's cleantech sector to its full potential."
"The Canadian cleantech industry has plenty of potential to build globally-competitive companies," said Céline Bak, Partner with the Russell Mitchell Group. "But, being global technology leaders is that much harder when early adopter markets are far from home. A thriving Canadian cleantech industry depends on more than just technological innovation; we will need to build strong domestic markets while at the same time, investing in world-class commercialization for customers at home and abroad."
The Report also outlines a game plan to build "20 by 2020" – twenty Canadian cleantech companies having achieved $100 million in annual revenues by the year 2020. In order to meet this goal, the Report outlines areas that the BC government, the federal government and the private sector need to address. The recommendations address structural issues that stand in the way of the industry's potential success. These issues are:
The industry has commercially-ready products and is ready to grow, however it is chronically undercapitalized, receiving on average only 30% of the capital that US counterparts are able to secure at the same stage.
Domestic markets for clean technology companies in Canada are not dynamic. Green procurement by large procurers including government and large institutions is vital to the industry and is becoming a leading indicator for established industries to measure their own productivity improvement.
Management teams that invest in commercialization are rewarded by growth. Many companies are under performing because of systemic underinvestment in market-facing disciplines.
The Report, which is available in 5 editions (National, BC, Prairies, Ontario and Quebec) was produced by the Russell Mitchell Group in partnership with six provinces and five federal departments. Sponsors include OMERS, OCETA , BC Hydro, BC Innovation Council, Business Development Bank of Canada (BDC), C3E, Cenovus, Export Development Canada (EDC), Encana, Lixar, Ogilvy Renault, RBC and the Stonewood Group.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
2010 SDTC Cleantech Growth and Go-To-Market Report - BC Edition released
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ clean energy blog ) - The cleantech sector is on the cusp of being the green engine driving British Columbia's economic growth according to the BC Edition of Canada's first ever comprehensive report on the cleantech industry. The 2010 SDTC Cleantech Growth & Go-to-Market Report - BC Edition, authored by the Russell Mitchell Group, is based on input from 168 cleantech companies, including 37 in BC.
"In Vancouver, we are working closely with both the public and private sectors to strengthen the rapidly growing green economy," said Vancouver Mayor Gregor Robertson. "Reports like the SDTC Cleantech Growth and Go-To-Market Report are instrumental in providing us with a clear map for supporting the clean tech industry. Our city is striving to foster innovation, and we want to ensure that going green isn't just good for the environment, but good for business too."
"As this report shows, BC has an active and growing base of emerging cleantech companies, and is home to nearly a quarter of the Canadian cleantech companies to have achieved commercialization," said Iain Black, Minister of Small Business, Technology and Economic Development. "Our government will continue to strengthen this important sector by creating a business and regulatory climate that encourages B.C. cleantech innovation, investment and exporting."
Key findings from the Report include:
BC has the highest ratio of cleantech companies to GDP in Canada – BC's ratio is 175 per cent.
The BC cleantech industry is dominated by companies specifically focused on power generation. Approximately 24% of BC cleantech companies focus on power generation.
BC's distribution channels for cleantech products and processes are, on average, less developed than the rest of Canada.
"Clean technology is being integrated into virtually every sector of Canada's economy, opening up new avenues of opportunity, creating jobs, and delivering essential environmental benefits to Canadian industries," said Vicky Sharpe, President and CEO of Sustainable Development Technology Canada (SDTC). "This report will be a great tool for the industry and for all levels of government as we strive to bring BC's cleantech sector to its full potential."
"The Canadian cleantech industry has plenty of potential to build globally-competitive companies," said Céline Bak, Partner with the Russell Mitchell Group. "But, being global technology leaders is that much harder when early adopter markets are far from home. A thriving Canadian cleantech industry depends on more than just technological innovation; we will need to build strong domestic markets while at the same time, investing in world-class commercialization for customers at home and abroad."
The Report also outlines a game plan to build "20 by 2020" – twenty Canadian cleantech companies having achieved $100 million in annual revenues by the year 2020. In order to meet this goal, the Report outlines areas that the BC government, the federal government and the private sector need to address. The recommendations address structural issues that stand in the way of the industry's potential success. These issues are:
The industry has commercially-ready products and is ready to grow, however it is chronically undercapitalized, receiving on average only 30% of the capital that US counterparts are able to secure at the same stage.
Domestic markets for clean technology companies in Canada are not dynamic. Green procurement by large procurers including government and large institutions is vital to the industry and is becoming a leading indicator for established industries to measure their own productivity improvement.
Management teams that invest in commercialization are rewarded by growth. Many companies are under performing because of systemic underinvestment in market-facing disciplines.
The Report, which is available in 5 editions (National, BC, Prairies, Ontario and Quebec) was produced by the Russell Mitchell Group in partnership with six provinces and five federal departments. Sponsors include OMERS, OCETA , BC Hydro, BC Innovation Council, Business Development Bank of Canada (BDC), C3E, Cenovus, Export Development Canada (EDC), Encana, Lixar, Ogilvy Renault, RBC and the Stonewood Group.
About SDTC
Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Cleantech News ; Canada's Economic Action Plan: Clean Energy Technology Gets Boost in Quebec City
Cleantech News ; Canada's Economic Action Plan: Clean Energy Technology Gets Boost in Quebec City
QUEBEC CITY, QUEBEC--- Cleantech News ( http://www.investorideas.com/ clean energy blog ) June 18, 2010 - Integrated community energy systems are gaining momentum in Canada with the launch of a new project in Quebec City. The Honourable Josée Verner, Minister of Intergovernmental Affairs, President of the Queen's Privy Council for Canada, Minister for La Francophonie and Minister Responsible for the Quebec Region, today announced that La Cité, Quebec's Biomass–based Urban Central Heating Demonstration Project will receive up to $4.7 million through the Government of Canada's Clean Energy Fund. Minister Verner was joined by Jean Morency, SSQ Immobilier's CEO, to announce the community clean energy demonstration project.
"Our approach to reducing greenhouse gas emissions includes significant investments in clean energy technologies," said Minister Verner. "Our government is investing in Quebec's Biomass-based Urban Central Heating Demonstration Project with several partners to encourage innovation and help create jobs for Quebecers."
Quebec City's Biomass-based Urban Central Heating Demonstration Project will bring La Cité Verte, a unique environmental community, to reality. This project will help to install biomass based district heating systems in this community. It will also support the management of renewable energy and water consumption while utilizing energy efficient design for building and community energy systems.
"By announcing this investment in La Cité Verte, the Government of Canada is demonstrating the cutting-edge vision of Canadian society toward sustainable development. La Cité Verte is a flagship project for the design and execution of future real estate projects in Canada," said SSQ Immobilier's CEO, Mr. Jean Morency.
As part of Canada's Economic Action Plan, the Clean Energy Fund is investing $795 million in clean energy technology development and demonstration over five years. The Government of Canada's support will help launch close to 20 projects under the renewable and clean energy portion of the Clean Energy Fund, totalling up to $146 million. Three carbon capture and storage projects have also been announced, totalling $466 million from the fund.
FOR BROADCAST USE:
The Government of Canada is investing up to $4.7 million through the Clean Energy Fund for Quebec's Biomass–based Urban Central Heating Demonstration Project at La Cité Verte.
The following media backgrounder is available at www.nrcan.gc.ca/media : Clean Energy Fund — Renewable Energy and Clean Energy Systems Demonstration Projects
NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investor ideas member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
QUEBEC CITY, QUEBEC--- Cleantech News ( http://www.investorideas.com/ clean energy blog ) June 18, 2010 - Integrated community energy systems are gaining momentum in Canada with the launch of a new project in Quebec City. The Honourable Josée Verner, Minister of Intergovernmental Affairs, President of the Queen's Privy Council for Canada, Minister for La Francophonie and Minister Responsible for the Quebec Region, today announced that La Cité, Quebec's Biomass–based Urban Central Heating Demonstration Project will receive up to $4.7 million through the Government of Canada's Clean Energy Fund. Minister Verner was joined by Jean Morency, SSQ Immobilier's CEO, to announce the community clean energy demonstration project.
"Our approach to reducing greenhouse gas emissions includes significant investments in clean energy technologies," said Minister Verner. "Our government is investing in Quebec's Biomass-based Urban Central Heating Demonstration Project with several partners to encourage innovation and help create jobs for Quebecers."
Quebec City's Biomass-based Urban Central Heating Demonstration Project will bring La Cité Verte, a unique environmental community, to reality. This project will help to install biomass based district heating systems in this community. It will also support the management of renewable energy and water consumption while utilizing energy efficient design for building and community energy systems.
"By announcing this investment in La Cité Verte, the Government of Canada is demonstrating the cutting-edge vision of Canadian society toward sustainable development. La Cité Verte is a flagship project for the design and execution of future real estate projects in Canada," said SSQ Immobilier's CEO, Mr. Jean Morency.
As part of Canada's Economic Action Plan, the Clean Energy Fund is investing $795 million in clean energy technology development and demonstration over five years. The Government of Canada's support will help launch close to 20 projects under the renewable and clean energy portion of the Clean Energy Fund, totalling up to $146 million. Three carbon capture and storage projects have also been announced, totalling $466 million from the fund.
FOR BROADCAST USE:
The Government of Canada is investing up to $4.7 million through the Clean Energy Fund for Quebec's Biomass–based Urban Central Heating Demonstration Project at La Cité Verte.
The following media backgrounder is available at www.nrcan.gc.ca/media : Clean Energy Fund — Renewable Energy and Clean Energy Systems Demonstration Projects
NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.
__________________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investor ideas member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Cleantech Stock News; Pall Corporation (NYSE:PLL) Repurposes Filter Material to Help Oil Clean Up in Gulf Breeze, Florida
Cleantech Stock News; Pall Corporation (NYSE:PLL) Repurposes Filter Material to Help Oil Clean Up in Gulf Breeze, Florida
PORT WASHINGTON, N.Y. & PENSACOLA, Fla.--Cleantech news - (Invetorideas.com water stocks newswire, http://www.water-stocks.com/ )--Pall Corporation (NYSE:PLL) is donating leftover polypropylene membrane from its manufacturing operations in Pensacola, Florida, to help protect local beaches from the Gulf oil spill. So far, the company has contributed over 6,000 pounds of the highly absorbent material to aid in the clean up. Pall employees and other local volunteers are bagging the material into netting “socks” to soak up the oil and help contain environmental damage.
Pall's polypropylene membrane is widely used by Life Sciences and Industrial customers to filter water, chemicals, biologicals, fuels and in other applications requiring high dirt-holding capacity. The facility in Pensacola is a Center of Manufacturing and Research Excellence in the company's global supply chain.
Polypropylene is the most common form of absorbent for lifting oil from water. Its fast-wicking fibers can absorb 25 times their weight in petroleum-based liquid, but repel water. Pall trims rolls of polypropylene on the production line to specific customer requirements and, as a result, accumulates leftover material. By repurposing the material for a "second life" to abate the oil contamination Pall's accomplishment is a doubly significant environmental achievement.
“I want to thank Pall for getting involved. We appreciate your staff coming out to pitch in as well. Your donation of oil absorbent material is being put to good use in the fight to keep oil off our beaches. On behalf of our Mayor, City Council and all of our Gulf Breeze area residents, thanks for all your support,” said Edwin Eddy, Gulf Breeze City Manager.
Eric Krasnoff, Pall Chairman and CEO, said, "We are pleased to help any way we can. I'm especially proud of our Pensacola employees for their ingenuity and for rallying to the aid of their community. Their actions epitomize Pall's culture of innovation, citizenship and environmental stewardship. They also demonstrate the positive impact that each of us can have on our communities."
About Pall Corporation
Pall Corporation (NYSE: PLL) is a filtration, separation and purification leader providing Total Fluid ManagementSM solutions to meet the critical needs of customers in biopharmaceutical; hospital, transfusion and veterinary medicine; energy and alternative energy; electronics; municipal and industrial water; aerospace; transportation and broad industrial markets. Together with our customers, we foster health, safety and environmentally responsible technologies. The company’s engineered solutions enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.3 billion for fiscal 2009, is an S&P 500 company with more than 10,000 employees serving customers worldwide. Pall has been named a top "green company" by Newsweek magazine. To see how Pall is helping enable a greener, safer, more sustainable future, visit www.pall.com/green.
Editor's Note: Pall has substantial operations in the following US locations:
California: Covina and San Diego
Florida: Deland, Ft. Myers, New Port Richey and Pensacola
New York: Port Washington, Hauppauge and Cortland
Maryland: Timonium
Massachusetts: Northborough
Michigan: Ann Arbor
Pennsylvania: Exton
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
PORT WASHINGTON, N.Y. & PENSACOLA, Fla.--Cleantech news - (Invetorideas.com water stocks newswire, http://www.water-stocks.com/ )--Pall Corporation (NYSE:PLL) is donating leftover polypropylene membrane from its manufacturing operations in Pensacola, Florida, to help protect local beaches from the Gulf oil spill. So far, the company has contributed over 6,000 pounds of the highly absorbent material to aid in the clean up. Pall employees and other local volunteers are bagging the material into netting “socks” to soak up the oil and help contain environmental damage.
Pall's polypropylene membrane is widely used by Life Sciences and Industrial customers to filter water, chemicals, biologicals, fuels and in other applications requiring high dirt-holding capacity. The facility in Pensacola is a Center of Manufacturing and Research Excellence in the company's global supply chain.
Polypropylene is the most common form of absorbent for lifting oil from water. Its fast-wicking fibers can absorb 25 times their weight in petroleum-based liquid, but repel water. Pall trims rolls of polypropylene on the production line to specific customer requirements and, as a result, accumulates leftover material. By repurposing the material for a "second life" to abate the oil contamination Pall's accomplishment is a doubly significant environmental achievement.
“I want to thank Pall for getting involved. We appreciate your staff coming out to pitch in as well. Your donation of oil absorbent material is being put to good use in the fight to keep oil off our beaches. On behalf of our Mayor, City Council and all of our Gulf Breeze area residents, thanks for all your support,” said Edwin Eddy, Gulf Breeze City Manager.
Eric Krasnoff, Pall Chairman and CEO, said, "We are pleased to help any way we can. I'm especially proud of our Pensacola employees for their ingenuity and for rallying to the aid of their community. Their actions epitomize Pall's culture of innovation, citizenship and environmental stewardship. They also demonstrate the positive impact that each of us can have on our communities."
About Pall Corporation
Pall Corporation (NYSE: PLL) is a filtration, separation and purification leader providing Total Fluid ManagementSM solutions to meet the critical needs of customers in biopharmaceutical; hospital, transfusion and veterinary medicine; energy and alternative energy; electronics; municipal and industrial water; aerospace; transportation and broad industrial markets. Together with our customers, we foster health, safety and environmentally responsible technologies. The company’s engineered solutions enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.3 billion for fiscal 2009, is an S&P 500 company with more than 10,000 employees serving customers worldwide. Pall has been named a top "green company" by Newsweek magazine. To see how Pall is helping enable a greener, safer, more sustainable future, visit www.pall.com/green.
Editor's Note: Pall has substantial operations in the following US locations:
California: Covina and San Diego
Florida: Deland, Ft. Myers, New Port Richey and Pensacola
New York: Port Washington, Hauppauge and Cortland
Maryland: Timonium
Massachusetts: Northborough
Michigan: Ann Arbor
Pennsylvania: Exton
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Water Stocks; Japanese Water Utility Professionals to Learn about U.S. Water Infrastructure and Management from American Water (NYSE: AWK)
Water Stocks; Japanese Water Utility Professionals to Learn about U.S. Water Infrastructure and Management from American Water (NYSE: AWK)
VOORHEES, N.J.--Water news- (Investorideas.com water stocks newswire, http://www.water-stocks.com/ )--Long Island American Water, a subsidiary of American Water Works Company, Inc. (NYSE: AWK), the largest investor-owned U.S. water and wastewater utility company, hosted a group of eight Japanese water utility professionals today as part of their U.S. visit for the American Water Works Association Conference this month.
“As the largest investor-owned U.S. water and wastewater utility company, American Water is pleased that we can share our expertise with other water industry professionals”
.The group, who are members of the Japanese Water Works Association, toured Long Island American Water’s water treatment facilities and under-construction iron removal facility. They also attended a presentation by Long Island American Water staff about water supply, treatment, distribution, and operations management.
“As the largest investor-owned U.S. water and wastewater utility company, American Water is pleased that we can share our expertise with other water industry professionals,” said William Varley, president of Long Island American Water. “It is an honor for us to host this group and give them an overview of our operations here in Long Island, as well as our operations across the U.S.”
Long Island American Water is the largest water supplier in Nassau County, providing high-quality and reliable water services to more than 200,000 people. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 16 million people in 35 states and Ontario and Manitoba, Canada. More information can be found by visiting www.amwater.com.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
VOORHEES, N.J.--Water news- (Investorideas.com water stocks newswire, http://www.water-stocks.com/ )--Long Island American Water, a subsidiary of American Water Works Company, Inc. (NYSE: AWK), the largest investor-owned U.S. water and wastewater utility company, hosted a group of eight Japanese water utility professionals today as part of their U.S. visit for the American Water Works Association Conference this month.
“As the largest investor-owned U.S. water and wastewater utility company, American Water is pleased that we can share our expertise with other water industry professionals”
.The group, who are members of the Japanese Water Works Association, toured Long Island American Water’s water treatment facilities and under-construction iron removal facility. They also attended a presentation by Long Island American Water staff about water supply, treatment, distribution, and operations management.
“As the largest investor-owned U.S. water and wastewater utility company, American Water is pleased that we can share our expertise with other water industry professionals,” said William Varley, president of Long Island American Water. “It is an honor for us to host this group and give them an overview of our operations here in Long Island, as well as our operations across the U.S.”
Long Island American Water is the largest water supplier in Nassau County, providing high-quality and reliable water services to more than 200,000 people. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 16 million people in 35 states and Ontario and Manitoba, Canada. More information can be found by visiting www.amwater.com.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Water Stocks; Watts Water Technologies (NYSE :WTS) Confirms Plans to Acquire Austroflex
Water Stocks; Watts Water Technologies (NYSE :WTS) Confirms Plans to Acquire Austroflex
NORTH ANDOVER, Mass.(Investorideas.com water stocks newswire, http://www.water-stocks.com/ ) Watts Water Technologies, Inc. (NYSE :WTS) announced today, in response to comments that have occurred in the marketplace, that it expects to acquire Austroflex Rohr-Isoliersysteme GmbH by the end of June. The proposed acquisition is subject to the signing of a definitive purchase agreement and is conditioned upon the receipt of customary regulatory approvals. The contemplated purchase price will not be material to Watts' financial condition or cash resources. Watts will not make any further public announcements about the possible transaction unless and until a definitive agreement is reached.
Austroflex is an Austrian manufacturer of pre-insulated PEX pipes for hot and cold water applications and pre-insulated stainless steel corrugated pipe used in solar- and high temperature applications.
Watts Water Technologies, Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies enables it to be a comprehensive supplier to the water industry.
This Press Release includes statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Watts Water Technologies' forward-looking information that may be affected by a variety of factors. These factors include, but are not limited to, the risk that Watts and Austroflex may not reach a definitive acquisition agreement or that the transaction may not obtain the required regulatory approvals and other risks and uncertainties discussed under the heading "Item 1A. Risk Factors" in the Watts Water Technologies, Inc. Annual Report on Form 10-K for the year ended December 31, 2009 filed with the Securities Exchange Commission and other reports Watts files from time to time with the Securities and Exchange Commission. Watts does not intend to, and undertakes no duty to, update the information contained in this Press Release, except as required by law.
SOURCE: Watts Water Technologies, Inc.
Watts Water Technologies, Inc.
William C. McCartney, 978-688-1811
Fax: 978-688-2976
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
NORTH ANDOVER, Mass.(Investorideas.com water stocks newswire, http://www.water-stocks.com/ ) Watts Water Technologies, Inc. (NYSE :WTS) announced today, in response to comments that have occurred in the marketplace, that it expects to acquire Austroflex Rohr-Isoliersysteme GmbH by the end of June. The proposed acquisition is subject to the signing of a definitive purchase agreement and is conditioned upon the receipt of customary regulatory approvals. The contemplated purchase price will not be material to Watts' financial condition or cash resources. Watts will not make any further public announcements about the possible transaction unless and until a definitive agreement is reached.
Austroflex is an Austrian manufacturer of pre-insulated PEX pipes for hot and cold water applications and pre-insulated stainless steel corrugated pipe used in solar- and high temperature applications.
Watts Water Technologies, Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies enables it to be a comprehensive supplier to the water industry.
This Press Release includes statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Watts Water Technologies' forward-looking information that may be affected by a variety of factors. These factors include, but are not limited to, the risk that Watts and Austroflex may not reach a definitive acquisition agreement or that the transaction may not obtain the required regulatory approvals and other risks and uncertainties discussed under the heading "Item 1A. Risk Factors" in the Watts Water Technologies, Inc. Annual Report on Form 10-K for the year ended December 31, 2009 filed with the Securities Exchange Commission and other reports Watts files from time to time with the Securities and Exchange Commission. Watts does not intend to, and undertakes no duty to, update the information contained in this Press Release, except as required by law.
SOURCE: Watts Water Technologies, Inc.
Watts Water Technologies, Inc.
William C. McCartney, 978-688-1811
Fax: 978-688-2976
_________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
16 SEMI-FINALISTS ANNOUNCED BY ICE / CLEANTECH OPEN CLEAN ENERGY COMPETITION
16 SEMI-FINALISTS ANNOUNCED BY ICE / CLEANTECH OPEN CLEAN ENERGY COMPETITION
Teams to Compete for Cash and Services and for Right to Compete in National Clean Tech Open Finals in California Later this Year
For Immediate Release Contact: Colin Mahoney
June 18, 2010
Boston - The northeast region of the Cleantech Open (CTO) (www.cleantechopen.com) business competition - also known as the Ignite Clean Energy / Cleantech Open, announced that 16 semifinalist teams have been selected to represent the region in the world's biggest clean tech business competition. The semifinalists were selected from a talented pool of more than 50 cleantech entrepreneurs from across the northeast region of the country. Semifinalist teams will compete for regional prizes including combined cash and in-kind services worth up to $30,000. Only the top cleantech entrepreneurs will advance to compete at the national level for a grand prize of $250,000 in investment and services.
Over the next few months, semifinalist teams will receive coaching from the Cleantech Open network of talented business mentors, one-on-one consulting with specialists, an intensive business boot camp at the Cleantech Academy and local supporting events, training and materials. This support helps each team develop a comprehensive business plan and investor pitch to be presented to professional investors and experts. The National Awards -- the "Academy Awards of Cleantech" -- takes place November 17, 2010.
"This year's entries are more numerous and more innovative than ever," said Rex Northen, executive director of the Cleantech Open. "Semifinalists will receive help with everything from grant-writing to public relations -- and the winners will walk away with a valuable 'Startup in a Box' of cash and services. We're delighted to be promoting the success of such talented entrepreneurs."
As Executive Director of the competition’s lead sponsor, the Massachusetts Clean Energy Center, Patrick Cloney was encouraged by the caliber of the teams that the competition has produced. “This is an outstanding group of clean energy innovators and we are thrilled to support this truly national competition.”
The 2010 Cleantech Open competition offers more than $1 million in total prizes and aims to create 100,000 green-collar jobs in America by the end of 2015 with its "100K Jobs Challenge.” The semi-finalists for the northeast region are:
Team
Technology / tagline
7Solar
Energy Independence, One Building at a Time
Clean Energy Innovations
Unique technology that improves batteries
Culture Fuels
Low-cost algae fuel
Element 14
Polysilicon Technology
Green Mountain Spark
Biofuel Chemical Research and Development
Heavy Lift Systems
We get Wind Power off the Ground
HydroGEN Technologies
Efficiently creating high purity hydrogen from waste
New Power Labs
Professionally Installed Branch Circuit Power Metering Devices
O Sole Mio
We make sure your tomatoes are happy and healthy from roots to fruits!
OnChip Power
Bringing integration to power electronics
PepperDash Energy Solutions
Energy management driven by occupancy
PowerHydrant
Autonomous Infrastructure for EVs/PHEVs
Quixote Wind Associates
A Quieter and Safer Wind Turbine
Solar Machines
Innovative Power from the Sun
V Squared Wind
Wind technology
Zero Carbon Inc.
Carbon Capture and Conversion
The Cleantech Open is the world's largest cleantech business competition. Its mission is to find, fund and foster entrepreneurs with big ideas that address today's most urgent energy, environmental and economic challenges. The program provides the infrastructure, expertise and strategic relationships to turn clever ideas into successful global cleantech companies. Since 2006, through its one-of-a-kind annual business competition and mentorship program, the Cleantech Open has enabled hundreds of clean technology startups to bring their breakthrough ideas to fruition, helped alumni contestants raise over $260M, and created an estimated 1,200 green collar jobs. Fueled by a network of more than 600 volunteers and sponsors, the Cleantech Open unites the public and private sectors in a shared vision for making America's cleantech sector a thriving economic engine. For more information, visit http://www.cleantechopen.com/
email nc_info@cleantechopen.com and follow @cleantechopen on Twitter.
Sponsored by the MIT Enterprise Forum of Cambridge, Inc., the Ignite Clean Energy (ICE) business competition began in 2004 to stimulate the growing clean energy industry in New England. It provides start-up clean energy companies and entrepreneurs with the opportunities and resources to develop business skills, network with industry professionals and the chance to attract potential investors. The leading sponsor for the 2010 ICE/Cleantech Open northeast competition is the Massachusetts Clean Energy Center. For more information, please visit www.ignitecleanenergy.com.
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News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Teams to Compete for Cash and Services and for Right to Compete in National Clean Tech Open Finals in California Later this Year
For Immediate Release Contact: Colin Mahoney
June 18, 2010
Boston - The northeast region of the Cleantech Open (CTO) (www.cleantechopen.com) business competition - also known as the Ignite Clean Energy / Cleantech Open, announced that 16 semifinalist teams have been selected to represent the region in the world's biggest clean tech business competition. The semifinalists were selected from a talented pool of more than 50 cleantech entrepreneurs from across the northeast region of the country. Semifinalist teams will compete for regional prizes including combined cash and in-kind services worth up to $30,000. Only the top cleantech entrepreneurs will advance to compete at the national level for a grand prize of $250,000 in investment and services.
Over the next few months, semifinalist teams will receive coaching from the Cleantech Open network of talented business mentors, one-on-one consulting with specialists, an intensive business boot camp at the Cleantech Academy and local supporting events, training and materials. This support helps each team develop a comprehensive business plan and investor pitch to be presented to professional investors and experts. The National Awards -- the "Academy Awards of Cleantech" -- takes place November 17, 2010.
"This year's entries are more numerous and more innovative than ever," said Rex Northen, executive director of the Cleantech Open. "Semifinalists will receive help with everything from grant-writing to public relations -- and the winners will walk away with a valuable 'Startup in a Box' of cash and services. We're delighted to be promoting the success of such talented entrepreneurs."
As Executive Director of the competition’s lead sponsor, the Massachusetts Clean Energy Center, Patrick Cloney was encouraged by the caliber of the teams that the competition has produced. “This is an outstanding group of clean energy innovators and we are thrilled to support this truly national competition.”
The 2010 Cleantech Open competition offers more than $1 million in total prizes and aims to create 100,000 green-collar jobs in America by the end of 2015 with its "100K Jobs Challenge.” The semi-finalists for the northeast region are:
Team
Technology / tagline
7Solar
Energy Independence, One Building at a Time
Clean Energy Innovations
Unique technology that improves batteries
Culture Fuels
Low-cost algae fuel
Element 14
Polysilicon Technology
Green Mountain Spark
Biofuel Chemical Research and Development
Heavy Lift Systems
We get Wind Power off the Ground
HydroGEN Technologies
Efficiently creating high purity hydrogen from waste
New Power Labs
Professionally Installed Branch Circuit Power Metering Devices
O Sole Mio
We make sure your tomatoes are happy and healthy from roots to fruits!
OnChip Power
Bringing integration to power electronics
PepperDash Energy Solutions
Energy management driven by occupancy
PowerHydrant
Autonomous Infrastructure for EVs/PHEVs
Quixote Wind Associates
A Quieter and Safer Wind Turbine
Solar Machines
Innovative Power from the Sun
V Squared Wind
Wind technology
Zero Carbon Inc.
Carbon Capture and Conversion
The Cleantech Open is the world's largest cleantech business competition. Its mission is to find, fund and foster entrepreneurs with big ideas that address today's most urgent energy, environmental and economic challenges. The program provides the infrastructure, expertise and strategic relationships to turn clever ideas into successful global cleantech companies. Since 2006, through its one-of-a-kind annual business competition and mentorship program, the Cleantech Open has enabled hundreds of clean technology startups to bring their breakthrough ideas to fruition, helped alumni contestants raise over $260M, and created an estimated 1,200 green collar jobs. Fueled by a network of more than 600 volunteers and sponsors, the Cleantech Open unites the public and private sectors in a shared vision for making America's cleantech sector a thriving economic engine. For more information, visit http://www.cleantechopen.com/
email nc_info@cleantechopen.com and follow @cleantechopen on Twitter.
Sponsored by the MIT Enterprise Forum of Cambridge, Inc., the Ignite Clean Energy (ICE) business competition began in 2004 to stimulate the growing clean energy industry in New England. It provides start-up clean energy companies and entrepreneurs with the opportunities and resources to develop business skills, network with industry professionals and the chance to attract potential investors. The leading sponsor for the 2010 ICE/Cleantech Open northeast competition is the Massachusetts Clean Energy Center
__________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Wednesday, June 16, 2010
Follow up on High Relative Strength Stocks; Solar Stocks and Market Commentary with J Peter Lynch
Follow up on High Relative Strength Stocks; Solar Stocks and Market Commentary with J Peter Lynch
Point Roberts, South Salem, New York- June 16, 2010 - Investorideas.com and its green investor portal, http://www.renewableenergystocks.com/ publish new market commentary from solar contributor, J. Peter Lynch as a follow up to his recent article .
Solar Stocks and Market Commentary with J Peter Lynch –
Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com:
http://www.renewableenergystocks.com/PL/
Follow up on High Relative Strength Stocks
In my last article to mentioned that investors should look at the stocks that have "held up" the best or have performed the best relative to the market and to their sector peer group. These are the stocks that will usually drop the least in a down market and turn around the fastest in an up market. This is something that investors can research during times when the market is down and create a list of stocks that they can consider buying when the market turns around.
I pointed out two examples of this type of stock from our renewable energy list: Cree Research (CREE) and Veeco Instruments (VECO), both are stock plays on the coming LED lighting transition.
Below is a table comparing these stocks I mentioned that showed significantly better relative strength than the market and the other stocks in their peer group.
Stock Symbols Curr Value %Change YTD
CREE 69.83 23.88
VECO 38.46 16.4
S&P 500 1115.23 0.0117
Dow Jones 10404.77 -0.22
NASDAQ 2305.88 1.62
This is a clear example of stocks that are performing better than the averages and also better than the stocks in their peer group, most of which as down well into the double digits.
This is no guarantee, but historically these are the type of strong stocks that, when the market turns they will turn positive faster than their peer group and possibly even in advance of the market turning positive
J Peter Lynch
Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and has from time to time been a financial/technology consultant to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy – www.sunseries.net.
Subscribe to the Peter Lynch solar RSS feed
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.
About Our Green Investor Portals:
http://www.renewableenergystocks.com/ is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Research solar stocks with our renewable energy stocks directory or get all four cleantech stock directories as an Investor Ideas Member. Learn more http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.
Source Investorideas.com
Follow Investorideas.com at Twitter http://twitter.com/Investorideas
Investorideas.com is on Facebook
Point Roberts, South Salem, New York- June 16, 2010 - Investorideas.com and its green investor portal, http://www.renewableenergystocks.com/ publish new market commentary from solar contributor, J. Peter Lynch as a follow up to his recent article .
Solar Stocks and Market Commentary with J Peter Lynch –
Read other articles, Exclusively for InvestorIdeas.com and Renewableenergystocks.com:
http://www.renewableenergystocks.com/PL/
Follow up on High Relative Strength Stocks
In my last article to mentioned that investors should look at the stocks that have "held up" the best or have performed the best relative to the market and to their sector peer group. These are the stocks that will usually drop the least in a down market and turn around the fastest in an up market. This is something that investors can research during times when the market is down and create a list of stocks that they can consider buying when the market turns around.
I pointed out two examples of this type of stock from our renewable energy list: Cree Research (CREE) and Veeco Instruments (VECO), both are stock plays on the coming LED lighting transition.
Below is a table comparing these stocks I mentioned that showed significantly better relative strength than the market and the other stocks in their peer group.
Stock Symbols Curr Value %Change YTD
CREE 69.83 23.88
VECO 38.46 16.4
S&P 500 1115.23 0.0117
Dow Jones 10404.77 -0.22
NASDAQ 2305.88 1.62
This is a clear example of stocks that are performing better than the averages and also better than the stocks in their peer group, most of which as down well into the double digits.
This is no guarantee, but historically these are the type of strong stocks that, when the market turns they will turn positive faster than their peer group and possibly even in advance of the market turning positive
J Peter Lynch
Mr. Lynch has worked, for 33 years as a Wall Street security analyst, an independent security analyst and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, the leading publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and has from time to time been a financial/technology consultant to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy – www.sunseries.net.
Subscribe to the Peter Lynch solar RSS feed
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.
About Our Green Investor Portals:
http://www.renewableenergystocks.com/ is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Research solar stocks with our renewable energy stocks directory or get all four cleantech stock directories as an Investor Ideas Member. Learn more http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.
Source Investorideas.com
Follow Investorideas.com at Twitter http://twitter.com/Investorideas
Investorideas.com is on Facebook
Thursday, June 10, 2010
Cleantech News; American Business Leaders Call for Revolution in Energy Technology Innovation
Cleantech News; American Business Leaders Call for Revolution in Energy Technology Innovation
Group urges scale-up in investment, systemic reforms to create jobs, address national security, solve environmental challenges
Call for action in meetings with White House and Congressional leaders
WASHINGTON, June 10 ( Investorideas.com renewable energy/green newswire ) -- A group of America's top business executives today released a plan to make America a global leader in energy technology innovation, and in meetings at the White House and with Congressional leaders called for urgent action to begin the national transition to clean, affordable, and secure supplies of energy.
The American Energy Innovation Council (AEIC) -- whose members include Bill Gates, chairman and former chief executive of Microsoft; Norm Augustine, former chairman of Lockheed Martin; Ursula Burns, chairman and chief executive of Xerox; John Doerr, partner at Kleiner Perkins; Chad Holliday, chairman of Bank of America and former CEO of DuPont; Jeff Immelt, chief executive of GE; and Tim Solso, chairman and chief executive of Cummins -- said in its report, "A Business Plan for America's Energy Future," that reforming and strengthening U.S. investment in energy innovation is the most critical element to securing America's future.
The full report and supporting documents and other materials can be found at http://www.americanenergyinnovation.org/.
"The world faces many challenges, but none more important than taking immediate and decisive action to develop new, inexpensive clean-energy sources that avoid the negative effects of climate change," Gates said in releasing the report today. "Low-cost clean energy is the single most important way to lift poor countries out of poverty and create more stable societies. The whole world would benefit from this, and the United States can and should lead the way. The time for action is now."
"We must reinvent our energy future," said Chad Holliday, who serves as AEIC chairman. "A giant leap in energy technology investments and reform of our current system can make America a global leader in what will be the largest new market of the 21st Century. We have seen huge dividends from similar American investments before -- in information technology, defense technology, and medical technology. But up until now, energy investments have gotten short shrift. That has to change if we are to control our energy future. This has to be at the top of America's agenda."
The American Energy Innovation Council plan contains five recommendations:
1: Create an independent National Energy Strategy Board
The United States does not have a coherent national energy strategy. Without such a strategy, there is no way to assess the effectiveness of existing energy policies, nor is there a logical framework for the development of new energy technologies. The result of this neglect is reflected in our nation's history -- with oil-driven recessions, environmental degradation, trade deficits, national security problems, and increasing CO2 emissions.
In order to seriously address our energy future, the AEIC recommends the creation of a Congressionally mandated Energy Strategy Board charged with (1) developing and monitoring a National Energy Plan for Congress and the executive branch, and (2) oversight of a New Energy Challenge Program (see recommendation #5).
"Instead of a series of fractured challenges and solutions, we should manage the future of our energy system as an integrated whole, and build a pipeline of technologies that will solve the serious problems our world is facing," said Ursula Burns, chief executive of Xerox. "These recommendations are the beginning of such a solution. I urge Congress and the President to act on them."
2: Increase annual investments in clean energy RD&D by $11 billion, to $16 billion per year
The AEIC members recommend that sizable, sustained increases in spending on research, development and deployment (RD&D) of clean energy technologies are necessary to maintain our competitive edge and keep our economy strong. Government investments of $16 billion per year – an increase of $11 billion over current annual investments of about $5 billion – is the minimum level required. For comparison, the U.S. government currently spends approximately $30 billion each year on health research and more than $80 billion on defense research and development. The public investment called for by AEIC would bring U.S. energy investment in line with those of our trading partners and competitors.
John Doerr, partner at Kleiner Perkins, said, "When our company shifted our attention to clean energy, we found the innovation cupboard was close to bare. America has simply neglected to support serious energy innovation. My partners and I found the best fuel cells, the best energy storage, and the best wind technologies were all born outside of the United States. Other countries are investing huge amounts in these fields. Without innovation, we cannot build great energy companies. We need to restock the cupboard, or be left behind."
Recommendation 3: Create Centers of Excellence in Energy Innovation
In the healthcare, information technology, and defense fields, critical technologies have achieved large-scale market success through multi-disciplinary collaboration among institutions in the private and public sectors. Technology innovation requires expensive equipment, well-trained scientists, multi-year time horizons, and flexibility in allocating funds. This can be done most efficiently and effectively if the institutions engaged in innovation are located in close proximity to each other, share operational objectives, and are accountable to each other for results.
The AEIC recommends the creation of centers of excellence in energy innovation, structured along the lines described above. These centers can drive down the cost of technologies and accelerate their deployment. To function effectively and deliver real results, each of these centers will require annual funding in the range of $150 million to $250 million as a part of the $16 billion total.
Tim Solso, CEO of Cummins said, "Creating regional centers of excellence is central to incubating innovation across different fields and institutions. These can be our new hubs of invention. Our company has found that we win in the market by using our technical innovation to meet public standards while also developing products that meet the needs of our customers. The entire American economy can benefit from similar investments in innovation to help address our energy challenges."
Recommendation 4: Fund ARPA-E at $1 billion per year
The creation of ARPA-E has been a significant development for energy innovation. ARPA-E is challenging innovators to come up with truly novel ideas and "game changers." The program has high potential for long-term success, but only if it is given the autonomy, budget, clear signals of support, and ability to implement needed projects. It will need long-horizon funds on a scale commensurate with its goals, and a life extension beyond the current federal stimulus. AEIC recommend that a $1 billion annual commitment would be a wise investment as a part of the $16 billion total.
"Ultimately, energy innovation is a matter of national security, and must be treated that way by Congress and the Administration," said Norm Augustine, former chairman of Lockheed Martin and former Undersecretary of the Army. "This is true because disruptions in the supply of energy and environmental change are among the most likely causes of future military conflicts. DARPA was a huge success in creating high payoff returns on investments in military technologies. ARPA-E -- its energy equivalent -- can have a similar transformative impact on energy technology, but it must receive adequate funding."
Recommendation 5: Establish a New Energy Challenge Program for large-scale demonstration projects
America's energy innovation system lacks a mechanism to turn large-scale ideas or prototypes into commercial-scale facilities. AEIC recommends the creation of a program to fund, build, and accelerate the commercialization of advanced energy technologies.
This program should be structured as a joint venture between the federal government and the energy industry, and would operate as an independent corporation outside of the federal government. It would focus on the transition from pre-commercial, large-scale energy systems to integrated, full-size system tests. The program should be co-funded by the public and private sectors at an initial level of $20 billion over 10 years, with a single federal appropriation.
The Need for Complementary Policies
The AEIC plan also notes "the need for complementary energy policies to drive market adoption of new technologies. A vigorous demand signal will increase the intensity of research, add large private-sector commitments, reduce barriers between the lab and market, and ensure technologies perform better and cost less over time. The United States will not succeed in this field without policies to ensure there are vibrant markets for clean energy technologies. Those policies may include some combination of a price or a cap on CO2, a clean energy or renewable energy portfolio requirement, or technology performance standards. The effect of such policies should be to create a large, sustained market for new energy technology. Our nation cannot succeed without it."
The report states that increased investment for energy innovation is such a high national priority that it should be undertaken even in the midst of tight federal budgets. The group also notes that options for generating new revenue for energy innovation investment from the energy sector include reductions in subsidies for fossil fuels, license fees for offshore oil and natural gas production, creating an oil import fee, increasing the gas tax or putting a price on carbon emissions. The report does not specifically advocate any of these approaches.
"The U.S. is falling behind because we don't have the markets or the will - our policies are shortsighted and our markets aren't set up to reward energy innovation. We have the power to transform our energy future and address many of our economic, energy security and climate challenges with the right policy clarity and robust market demand. You have to do both to drive innovation and compete," said Jeff Immelt, CEO of GE.
"I am convinced that the right technologies and the right policies we can solve our energy and climate challenges," said Bill Gates. "But we need a much more serious commitment to do so."
AEIC Chair Chad Holliday said, "During my time at DuPont, when science linked CFC use and ozone depletion, we knew the world had to change the model. DuPont used this challenge to invent entire new businesses. The United States can do the same to meet our energy and climate challenges. But we must begin investing at a much larger scale now."
American Energy Innovation Council
SOURCE The American Energy Innovation Council
Back to top
RELATED LINKS
http://www.americanenergyinnovation.org/
________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/- learn more about green investing : http://www.investorideas.com/GI/
Group urges scale-up in investment, systemic reforms to create jobs, address national security, solve environmental challenges
Call for action in meetings with White House and Congressional leaders
WASHINGTON, June 10 ( Investorideas.com renewable energy/green newswire ) -- A group of America's top business executives today released a plan to make America a global leader in energy technology innovation, and in meetings at the White House and with Congressional leaders called for urgent action to begin the national transition to clean, affordable, and secure supplies of energy.
The American Energy Innovation Council (AEIC) -- whose members include Bill Gates, chairman and former chief executive of Microsoft; Norm Augustine, former chairman of Lockheed Martin; Ursula Burns, chairman and chief executive of Xerox; John Doerr, partner at Kleiner Perkins; Chad Holliday, chairman of Bank of America and former CEO of DuPont; Jeff Immelt, chief executive of GE; and Tim Solso, chairman and chief executive of Cummins -- said in its report, "A Business Plan for America's Energy Future," that reforming and strengthening U.S. investment in energy innovation is the most critical element to securing America's future.
The full report and supporting documents and other materials can be found at http://www.americanenergyinnovation.org/.
"The world faces many challenges, but none more important than taking immediate and decisive action to develop new, inexpensive clean-energy sources that avoid the negative effects of climate change," Gates said in releasing the report today. "Low-cost clean energy is the single most important way to lift poor countries out of poverty and create more stable societies. The whole world would benefit from this, and the United States can and should lead the way. The time for action is now."
"We must reinvent our energy future," said Chad Holliday, who serves as AEIC chairman. "A giant leap in energy technology investments and reform of our current system can make America a global leader in what will be the largest new market of the 21st Century. We have seen huge dividends from similar American investments before -- in information technology, defense technology, and medical technology. But up until now, energy investments have gotten short shrift. That has to change if we are to control our energy future. This has to be at the top of America's agenda."
The American Energy Innovation Council plan contains five recommendations:
1: Create an independent National Energy Strategy Board
The United States does not have a coherent national energy strategy. Without such a strategy, there is no way to assess the effectiveness of existing energy policies, nor is there a logical framework for the development of new energy technologies. The result of this neglect is reflected in our nation's history -- with oil-driven recessions, environmental degradation, trade deficits, national security problems, and increasing CO2 emissions.
In order to seriously address our energy future, the AEIC recommends the creation of a Congressionally mandated Energy Strategy Board charged with (1) developing and monitoring a National Energy Plan for Congress and the executive branch, and (2) oversight of a New Energy Challenge Program (see recommendation #5).
"Instead of a series of fractured challenges and solutions, we should manage the future of our energy system as an integrated whole, and build a pipeline of technologies that will solve the serious problems our world is facing," said Ursula Burns, chief executive of Xerox. "These recommendations are the beginning of such a solution. I urge Congress and the President to act on them."
2: Increase annual investments in clean energy RD&D by $11 billion, to $16 billion per year
The AEIC members recommend that sizable, sustained increases in spending on research, development and deployment (RD&D) of clean energy technologies are necessary to maintain our competitive edge and keep our economy strong. Government investments of $16 billion per year – an increase of $11 billion over current annual investments of about $5 billion – is the minimum level required. For comparison, the U.S. government currently spends approximately $30 billion each year on health research and more than $80 billion on defense research and development. The public investment called for by AEIC would bring U.S. energy investment in line with those of our trading partners and competitors.
John Doerr, partner at Kleiner Perkins, said, "When our company shifted our attention to clean energy, we found the innovation cupboard was close to bare. America has simply neglected to support serious energy innovation. My partners and I found the best fuel cells, the best energy storage, and the best wind technologies were all born outside of the United States. Other countries are investing huge amounts in these fields. Without innovation, we cannot build great energy companies. We need to restock the cupboard, or be left behind."
Recommendation 3: Create Centers of Excellence in Energy Innovation
In the healthcare, information technology, and defense fields, critical technologies have achieved large-scale market success through multi-disciplinary collaboration among institutions in the private and public sectors. Technology innovation requires expensive equipment, well-trained scientists, multi-year time horizons, and flexibility in allocating funds. This can be done most efficiently and effectively if the institutions engaged in innovation are located in close proximity to each other, share operational objectives, and are accountable to each other for results.
The AEIC recommends the creation of centers of excellence in energy innovation, structured along the lines described above. These centers can drive down the cost of technologies and accelerate their deployment. To function effectively and deliver real results, each of these centers will require annual funding in the range of $150 million to $250 million as a part of the $16 billion total.
Tim Solso, CEO of Cummins said, "Creating regional centers of excellence is central to incubating innovation across different fields and institutions. These can be our new hubs of invention. Our company has found that we win in the market by using our technical innovation to meet public standards while also developing products that meet the needs of our customers. The entire American economy can benefit from similar investments in innovation to help address our energy challenges."
Recommendation 4: Fund ARPA-E at $1 billion per year
The creation of ARPA-E has been a significant development for energy innovation. ARPA-E is challenging innovators to come up with truly novel ideas and "game changers." The program has high potential for long-term success, but only if it is given the autonomy, budget, clear signals of support, and ability to implement needed projects. It will need long-horizon funds on a scale commensurate with its goals, and a life extension beyond the current federal stimulus. AEIC recommend that a $1 billion annual commitment would be a wise investment as a part of the $16 billion total.
"Ultimately, energy innovation is a matter of national security, and must be treated that way by Congress and the Administration," said Norm Augustine, former chairman of Lockheed Martin and former Undersecretary of the Army. "This is true because disruptions in the supply of energy and environmental change are among the most likely causes of future military conflicts. DARPA was a huge success in creating high payoff returns on investments in military technologies. ARPA-E -- its energy equivalent -- can have a similar transformative impact on energy technology, but it must receive adequate funding."
Recommendation 5: Establish a New Energy Challenge Program for large-scale demonstration projects
America's energy innovation system lacks a mechanism to turn large-scale ideas or prototypes into commercial-scale facilities. AEIC recommends the creation of a program to fund, build, and accelerate the commercialization of advanced energy technologies.
This program should be structured as a joint venture between the federal government and the energy industry, and would operate as an independent corporation outside of the federal government. It would focus on the transition from pre-commercial, large-scale energy systems to integrated, full-size system tests. The program should be co-funded by the public and private sectors at an initial level of $20 billion over 10 years, with a single federal appropriation.
The Need for Complementary Policies
The AEIC plan also notes "the need for complementary energy policies to drive market adoption of new technologies. A vigorous demand signal will increase the intensity of research, add large private-sector commitments, reduce barriers between the lab and market, and ensure technologies perform better and cost less over time. The United States will not succeed in this field without policies to ensure there are vibrant markets for clean energy technologies. Those policies may include some combination of a price or a cap on CO2, a clean energy or renewable energy portfolio requirement, or technology performance standards. The effect of such policies should be to create a large, sustained market for new energy technology. Our nation cannot succeed without it."
The report states that increased investment for energy innovation is such a high national priority that it should be undertaken even in the midst of tight federal budgets. The group also notes that options for generating new revenue for energy innovation investment from the energy sector include reductions in subsidies for fossil fuels, license fees for offshore oil and natural gas production, creating an oil import fee, increasing the gas tax or putting a price on carbon emissions. The report does not specifically advocate any of these approaches.
"The U.S. is falling behind because we don't have the markets or the will - our policies are shortsighted and our markets aren't set up to reward energy innovation. We have the power to transform our energy future and address many of our economic, energy security and climate challenges with the right policy clarity and robust market demand. You have to do both to drive innovation and compete," said Jeff Immelt, CEO of GE.
"I am convinced that the right technologies and the right policies we can solve our energy and climate challenges," said Bill Gates. "But we need a much more serious commitment to do so."
AEIC Chair Chad Holliday said, "During my time at DuPont, when science linked CFC use and ozone depletion, we knew the world had to change the model. DuPont used this challenge to invent entire new businesses. The United States can do the same to meet our energy and climate challenges. But we must begin investing at a much larger scale now."
American Energy Innovation Council
SOURCE The American Energy Innovation Council
Back to top
RELATED LINKS
http://www.americanenergyinnovation.org/
________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/- learn more about green investing : http://www.investorideas.com/GI/
Wind Stocks News; A-Power Energy Generation Systems (NasdaqGS: APWR) up $1.66 (22.52%)
Wind Stocks News; A-Power Energy Generation Systems (NasdaqGS: APWR) up $1.66 (22.52%)
June 10, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for June 9th. A-Power Energy Generation Systems (NasdaqGS: APWR) is trading at $9.03, up $1.66 (22.52%) on News .
A-Power Energy Generation Systems Ltd. Reports Unaudited Financial Results for First Quarter of 2010
Full news release :
http://www.investorideas.com/news/renewable-energy/6102.asp
The green stock sector is also getting additional momentum from the Government’s push towards clean energy in the wake of the BP oil spill.
Green and alternative energy investors can research wind stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock 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, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages : http://www.investorideas.com/GI/,
http://www.renewableenergystocks.com/, www.FuelCellCarNews.com ,
http://www.environmentstocks.com/ And http://www.water-stocks.com/
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. 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
June 10, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on green stock trading for June 9th. A-Power Energy Generation Systems (NasdaqGS: APWR) is trading at $9.03, up $1.66 (22.52%) on News .
A-Power Energy Generation Systems Ltd. Reports Unaudited Financial Results for First Quarter of 2010
Full news release :
http://www.investorideas.com/news/renewable-energy/6102.asp
The green stock sector is also getting additional momentum from the Government’s push towards clean energy in the wake of the BP oil spill.
Green and alternative energy investors can research wind stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock 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, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: (http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp)
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor content:
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals and pages : http://www.investorideas.com/GI/,
http://www.renewableenergystocks.com/, www.FuelCellCarNews.com ,
http://www.environmentstocks.com/ And http://www.water-stocks.com/
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. 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
Monday, June 07, 2010
Suncor Energy Receives Regulatory Approval to Develop Wintering Hills Wind Power Project
Suncor Energy Receives Regulatory Approval to Develop Wintering Hills Wind Power Project
CALGARY, ALBERTA--(Investorideas.com green news - June 7, 2010) - Suncor Energy Products Inc. today announced it has received regulatory approval from the Alberta Utilities Commission (AUC) to proceed with the development of its Wintering Hills Wind Power Project. The proposed 88 megawatt (MW) project, located approximately 125 kilometres (km) northeast of Calgary and 21 km southeast of Drumheller, Alberta, will consist of up to 55 1.6 MW turbines located on approximately 16,000 acres of privately-owned land.
"Today's announcement is a significant milestone that brings us one step closer towards the development of Suncor's largest operated wind project to date," said Jay Thornton, executive vice president, Energy Supply, Trading & Development. "The Wintering Hills project not only complements Suncor's commitment to sustainable energy development, but also represents a key asset in the company's growing renewables portfolio."
At peak operation, the Wintering Hills project is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Suncor Energy is a Canadian pioneer in wind power with joint ownership of four wind farms in operation and other projects in the planning stages. The existing four farms have a combined generating capacity of 147 MW and reduce carbon dioxide emissions by approximately 284,000 tonnes each year.
This news release contains forward-looking statements identified by the words "expected", "will", "planned" and similar expressions that address expectations or projections about the future. Forward-looking statements are based on Suncor's current goals, expectations, estimates, projections and assumptions made in light of its experiences and the risks, uncertainties and other factors related to its business. Uncertainties in the estimate process and impact of future events may cause actual results to differ, in some cases materially, from our estimates. Readers are cautioned that actual results could differ materially from those expressed or implied as a result of changes to Suncor's plans and the impact of events, risks and uncertainties discussed in Suncor's current annual information form/form 40-F, annual and quarterly reports to shareholders and other documents filed with Canadian securities commissions at www.sedar.com and the United States Securities and Exchange Commission (SEC) at www.sec.gov.
Suncor Energy Products Inc. is a wholly owned subsidiary of Suncor Energy Inc. Suncor Energy Inc. is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
For more information, please contact
Suncor Energy Inc.
Media inquiries:
403-920-8332
www.suncor.com
____________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
CALGARY, ALBERTA--(Investorideas.com green news - June 7, 2010) - Suncor Energy Products Inc. today announced it has received regulatory approval from the Alberta Utilities Commission (AUC) to proceed with the development of its Wintering Hills Wind Power Project. The proposed 88 megawatt (MW) project, located approximately 125 kilometres (km) northeast of Calgary and 21 km southeast of Drumheller, Alberta, will consist of up to 55 1.6 MW turbines located on approximately 16,000 acres of privately-owned land.
"Today's announcement is a significant milestone that brings us one step closer towards the development of Suncor's largest operated wind project to date," said Jay Thornton, executive vice president, Energy Supply, Trading & Development. "The Wintering Hills project not only complements Suncor's commitment to sustainable energy development, but also represents a key asset in the company's growing renewables portfolio."
At peak operation, the Wintering Hills project is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Suncor Energy is a Canadian pioneer in wind power with joint ownership of four wind farms in operation and other projects in the planning stages. The existing four farms have a combined generating capacity of 147 MW and reduce carbon dioxide emissions by approximately 284,000 tonnes each year.
This news release contains forward-looking statements identified by the words "expected", "will", "planned" and similar expressions that address expectations or projections about the future. Forward-looking statements are based on Suncor's current goals, expectations, estimates, projections and assumptions made in light of its experiences and the risks, uncertainties and other factors related to its business. Uncertainties in the estimate process and impact of future events may cause actual results to differ, in some cases materially, from our estimates. Readers are cautioned that actual results could differ materially from those expressed or implied as a result of changes to Suncor's plans and the impact of events, risks and uncertainties discussed in Suncor's current annual information form/form 40-F, annual and quarterly reports to shareholders and other documents filed with Canadian securities commissions at www.sedar.com and the United States Securities and Exchange Commission (SEC) at www.sec.gov.
Suncor Energy Products Inc. is a wholly owned subsidiary of Suncor Energy Inc. Suncor Energy Inc. is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
For more information, please contact
Suncor Energy Inc.
Media inquiries:
403-920-8332
www.suncor.com
____________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Wednesday, June 02, 2010
Green Investors Take Note as Maxwell Technologies, Inc. (Nasdaq: MXWL) trades up over 14% on the Day
Global Green and Renewable Energy Stocks Directory Update for June 2010;
Green Investors Take Note as Maxwell Technologies, Inc. (Nasdaq: MXWL) trades up over 14% on the Day
June 2, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector updates the global green stocks directory for June 2010 , now featuring 1095 green publicly traded stocks. The directory is one of several research tools provided by Investor Ideas for independent investors to initiate their own research .
Investors are seeing green as Maxwell Technologies, Inc. (NASDAQ: MXWL) is one of the most advanced gainers on the NASDAQ today, trading at $ 13.44, up $1.67 or 14.19% on volume of 228,074 .
Maxwell (NASDAQ: MXWL) is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. http://www.maxwell.com/
Green and alternative energy investors can research stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock 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, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. 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
Green Investors Take Note as Maxwell Technologies, Inc. (Nasdaq: MXWL) trades up over 14% on the Day
June 2, 2010 - ( Investorideas.com renewable energy/green newswire )Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector updates the global green stocks directory for June 2010 , now featuring 1095 green publicly traded stocks. The directory is one of several research tools provided by Investor Ideas for independent investors to initiate their own research .
Investors are seeing green as Maxwell Technologies, Inc. (NASDAQ: MXWL) is one of the most advanced gainers on the NASDAQ today, trading at $ 13.44, up $1.67 or 14.19% on volume of 228,074 .
Maxwell (NASDAQ: MXWL) is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. http://www.maxwell.com/
Green and alternative energy investors can research stocks with the Investor Ideas Renewable Energy Stocks Directory, one of the most comprehensive directories online. The directory is updated with new green stocks each month as new public companies file Green IPO’s or reverse mergers and enter the sector.
The Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock 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, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Learn more about the renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories . http://www.investorideas.com/membership/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com
To learn about becoming a featured renewable energy or green showcase stock, contact us below.
http://www.investorideas.com/Investors/Renewable_Energy_Awareness.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our Green Social Networks:
Cleantech Investor Member Network at Socialgo.com
http://investorideas.socialgo.com/
A social network for investors of all levels to share investing ideas in cleantech for both private investments and publicly traded stocks. We offer free and premium memberships. Join- share ideas and network today!
Renewable Energy Stocks Group on www.linkedin.com-
This group is for investors following publicly traded green and renewable energy stocks, as well as IR and PR contacts. Members are encouraged to share and publish news and commentary on the sector.
Visit and Join the Group on Linkedin.com: http://www.linkedin.com/groups?about=&gid=2691365&trk=anet_ug_grppro
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, news submissions and online advertising.
Investorideas.com was not compensated by Maxwell (NASDAQ: MXWL)
Disclosure .Learn about our green showcase options for publicly traded cleantech companies. 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
Sunday, May 30, 2010
Cleantech Investing Has Never Been More Critical
Cleantech Investing Has Never Been More Critical
“More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy”- President Barack Obama
May 31, 2010 (Investorideas.com renewable energy/green newswire) Investor Ideas global investor research portal covering leading sectors, focusing on environment and water, updates investors in the cleantech sector following recent remarks from President Barack Obama regarding the BP Oil Spill.
Remarks by the President on the Gulf Oil Spill May 27, 2010
Excerpt:
“Let me make one final point. More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy. Doing so will not only reduce threats to our environment, it will create a new, homegrown, American industry that can lead to countless new businesses and new jobs.
We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jumpstart a permanent transition to a clean energy economy, and there is currently a plan in the Senate –- a plan that was developed with ideas from Democrats and Republicans –- that would achieve the same goal.
If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China, who have already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.”
Source : http://www.whitehouse.gov/the-press-office/remarks-president-gulf-oil-spill
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links.
In January, Investorideas.com launched a campaign for “One Million Members Stronger’ with a goal to empower one million investors to invest in innovation and technology for a better world. - Investorideas.com Goal is to drive membership to include One Million Cleantech Investors in 2010, as a result of research on Investorideas.com including the stock directories, news and other research tools.
With institutional research not being available to investors, the stock directories were created for investors to begin due diligence into leading sectors. Investorideas.com researches the sector each month for investors, adding new green stocks as they enter the space in Green IPO’s or reverses mergers.
Investor Ideas Members currently get login access to 11 stock directories including all of the cleantech stock directories. Other sectors included- biotech, defense, nanotech, energy and mining. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/
Current list of cleantech stock directories available to members or individually :
Renewable Energy Stocks Directory –
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Use our Green Stocks and Renewable Energy Stocks directory to Research Renewable Energy Stocks and Alternative Energy Stocks, Solar Stocks, Wind Stocks, Biofuels, Green Stocks, Green Funds and more. Our Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Our green stocks directory has over 1000 stocks and is growing each month! - Even the industry experts use our directory!
Water Stocks Directory – (http://investorideas.com/Water-Stocks/Stock_List.asp ) Global Water Stocks Directory of publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description. For investors following water stocks this is one of the most comprehensive directories in the sector available.
Environment/ Lohas Stocks Directory – also includes a new LOHAS investor section (http://www.investorideas.com/Enviro_Stocks/Stock_List.asp )
Global Green Stocks Directory of Publicly traded Environmental Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description
Fuel Cell Stocks Directory – (http://www.investorideas.com/FCCN/Stock_List.asp ) Global Directory of Publicly traded Fuel Cell Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. For green investors looking for opportunities in the fuel cell sector, the comprehensive global directory in PDF format provides a great research tool with hyperlinks to stocks symbol(s), company's URL and company's description.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: http://www.renewableenergystocks.com,%20www.fuelcellcarnews.com/, www.EnvironmentStocks.com and www.Water-Stocks.com all within the Investorideas.com hub.
Visit and Join the Investorideas.com cleantech social network- share and exchange green and cleantech investing ideas: http://investorideas.socialgo.com/
About InvestorIdeas.com:
More about us: http://www.investorideas.com/About/
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Cali cvanzant@investorideas.com
Source – Investorideas.com
“More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy”- President Barack Obama
May 31, 2010 (Investorideas.com renewable energy/green newswire) Investor Ideas global investor research portal covering leading sectors, focusing on environment and water, updates investors in the cleantech sector following recent remarks from President Barack Obama regarding the BP Oil Spill.
Remarks by the President on the Gulf Oil Spill May 27, 2010
Excerpt:
“Let me make one final point. More than anything else, this economic and environmental tragedy –- and it’s a tragedy -– underscores the urgent need for this nation to develop clean, renewable sources of energy. Doing so will not only reduce threats to our environment, it will create a new, homegrown, American industry that can lead to countless new businesses and new jobs.
We’ve talked about doing this for decades, and we’ve made significant strides over the last year when it comes to investing in renewable energy and energy efficiency. The House of Representatives has already passed a bill that would finally jumpstart a permanent transition to a clean energy economy, and there is currently a plan in the Senate –- a plan that was developed with ideas from Democrats and Republicans –- that would achieve the same goal.
If nothing else, this disaster should serve as a wake-up call that it’s time to move forward on this legislation. It’s time to accelerate the competition with countries like China, who have already realized the future lies in renewable energy. And it’s time to seize that future ourselves. So I call on Democrats and Republicans in Congress, working with my administration, to answer this challenge once and for all.”
Source : http://www.whitehouse.gov/the-press-office/remarks-president-gulf-oil-spill
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links.
In January, Investorideas.com launched a campaign for “One Million Members Stronger’ with a goal to empower one million investors to invest in innovation and technology for a better world. - Investorideas.com Goal is to drive membership to include One Million Cleantech Investors in 2010, as a result of research on Investorideas.com including the stock directories, news and other research tools.
With institutional research not being available to investors, the stock directories were created for investors to begin due diligence into leading sectors. Investorideas.com researches the sector each month for investors, adding new green stocks as they enter the space in Green IPO’s or reverses mergers.
Investor Ideas Members currently get login access to 11 stock directories including all of the cleantech stock directories. Other sectors included- biotech, defense, nanotech, energy and mining. Visit the Investor Ideas membership page to learn more at:
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http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Use our Green Stocks and Renewable Energy Stocks directory to Research Renewable Energy Stocks and Alternative Energy Stocks, Solar Stocks, Wind Stocks, Biofuels, Green Stocks, Green Funds and more. Our Directory includes publicly traded green stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Our green stocks directory has over 1000 stocks and is growing each month! - Even the industry experts use our directory!
Water Stocks Directory – (http://investorideas.com/Water-Stocks/Stock_List.asp ) Global Water Stocks Directory of publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description. For investors following water stocks this is one of the most comprehensive directories in the sector available.
Environment/ Lohas Stocks Directory – also includes a new LOHAS investor section (http://www.investorideas.com/Enviro_Stocks/Stock_List.asp )
Global Green Stocks Directory of Publicly traded Environmental Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description
Fuel Cell Stocks Directory – (http://www.investorideas.com/FCCN/Stock_List.asp ) Global Directory of Publicly traded Fuel Cell Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. For green investors looking for opportunities in the fuel cell sector, the comprehensive global directory in PDF format provides a great research tool with hyperlinks to stocks symbol(s), company's URL and company's description.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit the Investorideas.com Green Investor Portals: http://www.renewableenergystocks.com,%20www.fuelcellcarnews.com/, www.EnvironmentStocks.com and www.Water-Stocks.com all within the Investorideas.com hub.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
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Source – Investorideas.com
Tuesday, May 18, 2010
First Solar IPO in many a Month Emerges; JinkoSolar Holding Co., Ltd
First Solar IPO in many a Month Emerges; JinkoSolar Holding Co., Ltd
Solar Stocks and Market Commentary from J. Peter Lynch
South Salem, New York- May 18 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com solar columnist J. Peter Lynch reports on recent IPO activity in the solar sector.
Solar Stocks Commentary with J Peter Lynch –
http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed
First Solar IPO in many a Month Emerges
JinkoSolar Holding Co., Ltd. (JKS) initial public offering of 5,835,000 American depositary shares ("ADSs"), each representing four (4) ordinary shares of the Company, was priced at $11.00 per ADS on Friday of last week.
The IPO raised the company roughly $60 million gross, with a post money market cap of approximately $240 million.
For detailed information and financials refer to link below:
http://sec.gov/Archives/edgar/data/1481513/000119312510120053/d424b4.htm
Credit Suisse Securities (USA) LLC acted as sole global coordinator and sole book runner, and Oppenheimer & Co. Inc., Roth Capital Partners, LLC, and Collins Stewart LLC acted as co-managers for this offering.
Jinko Solar is a vertically integrated company – which means they are involved in ALL steps of the manufacturing process: from raw silicon, to molded silicon ingot, to silicon wafer, to solar cell and final integration into panels.
By integrating all phases of the production, the company will have the opportunity to better balance each phase’s margins which may result in overall higher gross margins and greater profits. At the current time the overwhelming majority of solar stocks are underperforming the general market and have been doing so for quite awhile. The technically strongest solar stocks currently are: JA Solar Holdings (JASO), Real Goods Solar, Inc. (RSOL) and ReneSola, Ltd. (SOL). It is interesting to note that 2 of the 3 are vertically integrated Chinese companies (JASO and SOL) similar to JinkoSolar and one is a U.S integrator (RSOL) that may be benefiting from current lower panel prices.
_____________________________________
Mr. Lynch has worked, for 33 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: http://www.sunseries.net/.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.ource – Investorideas.com
Follow Investorideas.com on Twitter.com http://twitter.com/Investorideas
___________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Solar Stocks and Market Commentary from J. Peter Lynch
South Salem, New York- May 18 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com solar columnist J. Peter Lynch reports on recent IPO activity in the solar sector.
Solar Stocks Commentary with J Peter Lynch –
http://www.renewableenergystocks.com/PL/
Subscribe to the Peter Lynch solar RSS feed
First Solar IPO in many a Month Emerges
JinkoSolar Holding Co., Ltd. (JKS) initial public offering of 5,835,000 American depositary shares ("ADSs"), each representing four (4) ordinary shares of the Company, was priced at $11.00 per ADS on Friday of last week.
The IPO raised the company roughly $60 million gross, with a post money market cap of approximately $240 million.
For detailed information and financials refer to link below:
http://sec.gov/Archives/edgar/data/1481513/000119312510120053/d424b4.htm
Credit Suisse Securities (USA) LLC acted as sole global coordinator and sole book runner, and Oppenheimer & Co. Inc., Roth Capital Partners, LLC, and Collins Stewart LLC acted as co-managers for this offering.
Jinko Solar is a vertically integrated company – which means they are involved in ALL steps of the manufacturing process: from raw silicon, to molded silicon ingot, to silicon wafer, to solar cell and final integration into panels.
By integrating all phases of the production, the company will have the opportunity to better balance each phase’s margins which may result in overall higher gross margins and greater profits. At the current time the overwhelming majority of solar stocks are underperforming the general market and have been doing so for quite awhile. The technically strongest solar stocks currently are: JA Solar Holdings (JASO), Real Goods Solar, Inc. (RSOL) and ReneSola, Ltd. (SOL). It is interesting to note that 2 of the 3 are vertically integrated Chinese companies (JASO and SOL) similar to JinkoSolar and one is a U.S integrator (RSOL) that may be benefiting from current lower panel prices.
_____________________________________
Mr. Lynch has worked, for 33 years as an independent analyst and investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for the past 17 years to the Photovoltaic Insider Report, the leading publication in Photovoltaics industry that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He can be reached via e-mail at: solarjpl@aol.com or at his new website: http://www.sunseries.net/.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within www.Investorideas.com, creating a meeting place for investors, public companies and industry leaders following developments in renewable and green energy. The site provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, research and a comprehensive global directory of stocks within the renewable energy sector. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas.com is compensated by featured green companies, news submissions and online advertising.
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com® or any of the industry sector portals. At the time of publication, writers may hold positions in the stocks or companies mentioned.ource – Investorideas.com
Follow Investorideas.com on Twitter.com http://twitter.com/Investorideas
___________________________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
Saturday, May 15, 2010
Investorideas.com - U.S. Army Convening Top Industry Experts to Address Energy Technologies at Inaugural "Renewable Energy Rodeo and Symposium"
Investorideas.com - U.S. Army Convening Top Industry Experts to Address Energy Technologies at Inaugural "Renewable Energy Rodeo and Symposium"
Nation's top energy authorities, demonstrations at Fort Bliss in June
Category: Investment, Renewable Energy, Technology, Defense
DETROIT ARSENAL, WARREN, MI and FORT BLISS, TX - May 14, 2010 (Investorideas.com Newswire) - To evaluate the latest energy technologies that could reap immediate benefits for the military and the Nation, the U.S. Army is hosting the inaugural Renewable Energy Rodeo and Symposium (RERS) June 8-9, 2010, at Fort Bliss.
RERS, co-hosted by the U.S. Army Research, Development and Engineering Command (RDECOM) Tank Automotive Research, Development and Engineering Center (TARDEC) and Fort Bliss, serves to advance energy initiatives affecting all levels of the Department of Defense, from ground vehicles to installations.
During the two-day exposition, the latest mature technologies and innovations in renewable energy concepts and alternative fuel technologies will be displayed and demonstrated. Panel discussions and guest speakers will feature some of the Nation's top experts in a variety of energy-related fields and technologies.
"Energy security remains a top priority for our warfighters and our Nation," explained TARDEC Director Dr. Grace M. Bochenek. "As we aggressively pursue the latest in renewable energy capabilities and alternative energy technologies, it is vitally important we tap the best-of-the-best from industry, academia and government."
RERS takes place at Fort Bliss, the Army's Center for Renewable Energy. "The Energy Rodeo and Symposium provides a unique opportunity to evaluate mature technologies in a dynamic environment while, at the same time, establishing crucial partnerships," said Fort Bliss Commanding General Howard B. Bromberg. "We are looking for game-changing technologies and innovative solutions for the energy and environmental challenges we all face."
Among the scheduled presenters is L. Jerry Hansen, Army Senior Energy Executive, Deputy Assistant Secretary of the Army (Strategic Infrastructure) and Senior Official performing duties as Assistant Secretary of the Army (Installations & Environment). Hansen's responsibilities within Installations & Environment for Strategic Planning include Business Transformation, Lean Six Sigma implementation, Strategic Infrastructure Analysis and Strategic Management Systems implementation.
The Army continues to accept proposals from organizations that would like to participate as exhibitors. More information is available at https://renewable-energy-rodeo.com.
ABOUT FORT BLISS
Fort Bliss is a heavy maneuver training center with 1.12 million acres of landmass and airspace. It is a major deployment and redeployment center for all service members including reserve components. It is a prime site for renewable and alternative energy having over 350 days of sunshine per year, high winds and a geo-thermal energy project in the planning stages.
ABOUT TARDEC
Headquartered at the Detroit Arsenal in Warren, MI, TARDEC is the Nation\'s laboratory for advanced military automotive technology and serves as the Ground Systems Integrator for all DOD manned and unmanned ground vehicle systems. With roots dating back to the World War II era, TARDEC is a full life-cycle, systems engineering support provider-of-first-choice for all DOD ground combat and combat support weapons, equipment and vehicle systems.
TARDEC develops and integrates the right technology solutions to improve Current Force effectiveness and provides superior capabilities for Future Force integration. TARDEC's technical, scientific and engineering staff lead cutting-edge research and development in Ground Systems Survivability; Power and Mobility; Intelligent Ground Systems; Force Projection; and Vehicle Electronics and Architecture.
TARDEC is a major research, development and engineering center for the U.S.
Army RDECOM and partner in the TACOM Life Cycle Management Command.
NOTE: Media are invited to attend RERS - especially on 6/9/10.
The Renewable Energy Rodeo and Symosium logo is available for download at www.tardec.com
Published at the Investor Ideas Newswire at www.investorideas.com
Nation's top energy authorities, demonstrations at Fort Bliss in June
Category: Investment, Renewable Energy, Technology, Defense
DETROIT ARSENAL, WARREN, MI and FORT BLISS, TX - May 14, 2010 (Investorideas.com Newswire) - To evaluate the latest energy technologies that could reap immediate benefits for the military and the Nation, the U.S. Army is hosting the inaugural Renewable Energy Rodeo and Symposium (RERS) June 8-9, 2010, at Fort Bliss.
RERS, co-hosted by the U.S. Army Research, Development and Engineering Command (RDECOM) Tank Automotive Research, Development and Engineering Center (TARDEC) and Fort Bliss, serves to advance energy initiatives affecting all levels of the Department of Defense, from ground vehicles to installations.
During the two-day exposition, the latest mature technologies and innovations in renewable energy concepts and alternative fuel technologies will be displayed and demonstrated. Panel discussions and guest speakers will feature some of the Nation's top experts in a variety of energy-related fields and technologies.
"Energy security remains a top priority for our warfighters and our Nation," explained TARDEC Director Dr. Grace M. Bochenek. "As we aggressively pursue the latest in renewable energy capabilities and alternative energy technologies, it is vitally important we tap the best-of-the-best from industry, academia and government."
RERS takes place at Fort Bliss, the Army's Center for Renewable Energy. "The Energy Rodeo and Symposium provides a unique opportunity to evaluate mature technologies in a dynamic environment while, at the same time, establishing crucial partnerships," said Fort Bliss Commanding General Howard B. Bromberg. "We are looking for game-changing technologies and innovative solutions for the energy and environmental challenges we all face."
Among the scheduled presenters is L. Jerry Hansen, Army Senior Energy Executive, Deputy Assistant Secretary of the Army (Strategic Infrastructure) and Senior Official performing duties as Assistant Secretary of the Army (Installations & Environment). Hansen's responsibilities within Installations & Environment for Strategic Planning include Business Transformation, Lean Six Sigma implementation, Strategic Infrastructure Analysis and Strategic Management Systems implementation.
The Army continues to accept proposals from organizations that would like to participate as exhibitors. More information is available at https://renewable-energy-rodeo.com.
ABOUT FORT BLISS
Fort Bliss is a heavy maneuver training center with 1.12 million acres of landmass and airspace. It is a major deployment and redeployment center for all service members including reserve components. It is a prime site for renewable and alternative energy having over 350 days of sunshine per year, high winds and a geo-thermal energy project in the planning stages.
ABOUT TARDEC
Headquartered at the Detroit Arsenal in Warren, MI, TARDEC is the Nation\'s laboratory for advanced military automotive technology and serves as the Ground Systems Integrator for all DOD manned and unmanned ground vehicle systems. With roots dating back to the World War II era, TARDEC is a full life-cycle, systems engineering support provider-of-first-choice for all DOD ground combat and combat support weapons, equipment and vehicle systems.
TARDEC develops and integrates the right technology solutions to improve Current Force effectiveness and provides superior capabilities for Future Force integration. TARDEC's technical, scientific and engineering staff lead cutting-edge research and development in Ground Systems Survivability; Power and Mobility; Intelligent Ground Systems; Force Projection; and Vehicle Electronics and Architecture.
TARDEC is a major research, development and engineering center for the U.S.
Army RDECOM and partner in the TACOM Life Cycle Management Command.
NOTE: Media are invited to attend RERS - especially on 6/9/10.
The Renewable Energy Rodeo and Symosium logo is available for download at www.tardec.com
Published at the Investor Ideas Newswire at www.investorideas.com
Wednesday, May 12, 2010
Wind Stocks; China Wind Systems, Inc. (Nasdaq: CWS) Provides Guidance for Fiscal Year 2010
Wind Stocks; China Wind Systems, Inc. (Nasdaq: CWS) Provides Guidance for Fiscal Year 2010
2010 revenues to be in the range of $76.5 million to $85 million, representing a 43% to 59% increase from $53.5 million in fiscal 2009
Jiangsu Province, China, ( http://www.investorideas.com/ renewable energy/green newswire ) -- China Wind Systems, Inc. (Nasdaq: CWS), a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China, today announced guidance for fiscal year 2010.
The Company expects 2010 revenues to be in the range of $76.5 million to $85 million, representing a 43% to 59% increase from $53.5 million in fiscal 2009. Earnings before interest, tax, depreciation and amortization, which is generally referred to as EBITDA and is a non-GAAP financial measure, is expected to be in the range of $22.7 million to $25.2 million, representing a 106% to 129% increase compared to $11.0 million in fiscal 2009. Adjusted net income, which excludes non-cash expenses related to convertible securities and warrants, is anticipated to be between $15.5 million and $16.3 million, representing an increase between 99% and 109%, compared to $7.8 million in fiscal 2009.
The Company anticipates stronger demand for both its traditional forged products and ESR forged products in 2010, as management expects stronger sales of precision forged products used in large wind turbines. The Company anticipates revenue contributed by its wind industry segment will increase by approximately 75%. In addition, the Company expects its dye machine segment to recover in 2010, given the industry's recovery in early 2010.
"We are pleased to see a healthy flow of customer orders in early 2010," commented Mr. Jianhua Wu, Chairman and Chief Executive Officer. "As our forging facility becomes more efficient, we anticipate improvement in our profit margins. We believe we have the right strategy in place to cater to the rapidly growing wind power industry in China."
About China Wind Systems, Inc.
China Wind Systems supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries. For more information on the Company, visit http://www.chinawindsystems.com . Information on the Company's Web site or any other Web site does not constitute a portion of this release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
_______________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
2010 revenues to be in the range of $76.5 million to $85 million, representing a 43% to 59% increase from $53.5 million in fiscal 2009
Jiangsu Province, China, ( http://www.investorideas.com/ renewable energy/green newswire ) -- China Wind Systems, Inc. (Nasdaq: CWS), a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China, today announced guidance for fiscal year 2010.
The Company expects 2010 revenues to be in the range of $76.5 million to $85 million, representing a 43% to 59% increase from $53.5 million in fiscal 2009. Earnings before interest, tax, depreciation and amortization, which is generally referred to as EBITDA and is a non-GAAP financial measure, is expected to be in the range of $22.7 million to $25.2 million, representing a 106% to 129% increase compared to $11.0 million in fiscal 2009. Adjusted net income, which excludes non-cash expenses related to convertible securities and warrants, is anticipated to be between $15.5 million and $16.3 million, representing an increase between 99% and 109%, compared to $7.8 million in fiscal 2009.
The Company anticipates stronger demand for both its traditional forged products and ESR forged products in 2010, as management expects stronger sales of precision forged products used in large wind turbines. The Company anticipates revenue contributed by its wind industry segment will increase by approximately 75%. In addition, the Company expects its dye machine segment to recover in 2010, given the industry's recovery in early 2010.
"We are pleased to see a healthy flow of customer orders in early 2010," commented Mr. Jianhua Wu, Chairman and Chief Executive Officer. "As our forging facility becomes more efficient, we anticipate improvement in our profit margins. We believe we have the right strategy in place to cater to the rapidly growing wind power industry in China."
About China Wind Systems, Inc.
China Wind Systems supplies precision forged components such as rolled rings, shafts and flanges to the wind power and other industries and industrial equipment primarily to the textile industry in China. With its newly finished state-of-the-art production facility, the Company has increased its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries. For more information on the Company, visit http://www.chinawindsystems.com . Information on the Company's Web site or any other Web site does not constitute a portion of this release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
_______________________________________________
News and Stories Published at the Clean Energy Stocks Blog. for Green Investors: Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today: Become a member and research stocks and invest in cleantech : http://www.investorideas.com/membership/
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