InvestorIdeas.com Global Green Marketplace Update-: Connecting Business and Investors in Cleantech, Renewable and Organics
POINT ROBERTS, Wash., Delta B.C., September 9, 2008 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Green Marketplace connecting business and investors. The marketplace fastest growing segments include cleantech, renewable and organics sector.
Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy and water – with its Renewableenergystocks.com portal and Water-stocks.com portal.
Global Green Marketplace
Sector: Sector: Cleantech & Renewable Energy Seeking: Funding/Partners
We currently have green companies for review to accredited investors: small wind turbine, carbon capture, PV installer service company, green building and housing , agri-waste to marketable bi-product, waste to energy, China Fiber fuel- Jatropha, green automotive engine, environmental technology safely removes mercury from light bulbs and other green companies added regularly.
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, mergers and acquisitions, licensing or branding. Investorideas.com is building a growing a global network of green and renewable energy companies both seeking funding, partners or management as well as funds, small public companies and Fortune 500 companies seeking investment opportunities.
http://www.investorideas.com/marketplace
To register and sign up as an accredited investor or business: http://www.investorideas.com/marketplace/signup.asp
Investorideas.com Green Investor Awareness: Green Company Showcase
Green and Renewable Companies can gain exposure in the sector by becoming a featured green showcase company. http://www.investorideas.com/About/company_showcase.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Get insight into cleantech and renewable energy stocks with news and the cleantech and climate change podcast. This blog is part of www.investorideas.com cleantech investor content .
Tuesday, September 09, 2008
Benefits of Brazilian Sugarcane Based Ethanol Chemicals and Fuels
Controversy, Benefits of Brazilian Sugarcane Based Ethanol Chemicals and Fuels
“US import tariff on Brazilian ethanol exports compromises the country’s capacity to diversify its fuels supplier base”
POINT ROBERTS, WA and DELTA, BC September 9, 2008-www.Renewableenergystocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, reports on the controversy and benefits of importing of Brazilian Sugarcane based ethanol.
As the Brazilian ethanol industry plans to boost ethanol demand abroad and expand markets,
industry participants Cosan, SA (CSAN3.SA) (CZZ), Industrial Biotechnology Corporation (OTCPK: IBOT), the EPA, Tom McCain and The Brazilian Sugarcane Industry Association comment on the benefits of sugarcane ethanol.
Brazil is expanding its production and will harvest 12% more cane than last year, with plans to increase ethanol exports 25%. Brazil is currently the second largest producer of ethanol in the world, after the US. According to the Brazilian Sugarcane Industry Association, in 2007 Brazil produced an estimated 487 million metric tons of sugarcane, which yielded 30.6 million tons of sugar and 22 billion liters of ethanol.
Louis Dreyfus Commodities, one of the top three sugar merchandisers and traders in the world, managing more than 2.5 million tons of sugar annually recently announced it $433 million investment to open a new mill in Brazil's Mato Grosso do Sul state.
In a recent Green Investor Podcast, Industrial Biotechnology Corporation (OTCPK: IBOT) CEO Mr. Badolato, discusses plans for its operating subsidiary, Renewable Fuels of America Inc., to import and distribute Brazilian sugarcane ethanol into US and coastal markets . http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
Mr. Badolato reports, “We are maximizing and leveraging the existing distributors in US and coastal areas that are logistically and economically favorable for a port entry supply. He also comments on the environmental benefits and cost efficiencies related to sugarcane ethanol.”
He also goes on to say, “We are serving the niche of the independent providers with the targeted coastal and port areas and storage facilities.”
Industrial Biotechnology Corporation currently has a joint ventures project and ethanol supply agreement and relationship in place with Cosan, SA.
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
According to Antonio Henrique Prado, manager for International Business Development of Cosan (CSAN3.SA), a Brazil-based company active in the production of sugar and ethanol, “Currently 10% of Cosan’s revenues are related to ethanol exports. Even though exports are growing, the robust domestic demand for hydrous ethanol (due to the increasing Brazilian flex-fuel fleet) will likely keep exports importance within COSAN’s revenues mix stable in the near term. Over the medium and long-term, exports importance tends to increase. “
He notes Sugarcane ethanol provides several advantages over other feedstocks.
He also goes on to say, “The challenge for the Brazilian ethanol industry is to boost ethanol demand abroad, which can be achieved by clarifying the benefits related to sugarcane ethanol adoption and developing alternative suppliers.
“It is our opinion that the current US import tariff on Brazilian ethanol exports compromises the country’s capacity to diversify its fuels supplier base and ultimately drains resources from American taxpayers.”
Presidential candidate John McCain recently quoted in an interview with a Brazilian newspaper stated, “We made a series of mistakes by not adopting a sustainable energy policy, one of which is the subsidies for corn ethanol, which I warned in Iowa were going to destroy the market, and contribute to inflation. Besides, it is wrong, to tax Brazilian-made sugarcane ethanol, “which is much more efficient than corn ethanol.”
EPA Administrator Stephen L. Johnson recently announced the decision to deny a request submitted by the State of Texas to reduce the nationwide Renewable Fuels Standard (RFS). As a result, the required total volume of renewable fuels, such as ethanol and biodiesel, mandated by law to be blended into the fuel supply will remain at 9 billion gallons in 2008 and 11.1 billion gallons in 2009.
“After reviewing the facts, it was clear this request did not meet the criteria in the law,” said Stephen L. Johnson. “The RFS remains an important tool in our ongoing efforts to reduce America’s greenhouse gas emissions and lessen our dependence on foreign oil, in aggressive yet practical ways.”
Following EPA news, The Brazilian Sugarcane Industry Association representative in Washington, Joel Velasco, recently commented, "The next step -- and one that Congress has yet to take -- is to reduce the distortive tariff on imported ethanol. This one-of-a-kind tax on a clean energy alternative serves only to punish American drivers by artificially inflating the price of gasoline at the pump.”
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
About Industrial Biotechnology Corporation (OTCPK: IBOT): Industrial Biotechnology Corporation provides products, services and technologies using renewable resources as an alternative to petroleum. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels. IBC will provide these cost competitive, environmentally responsible solutions via its operating subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of America Corporation (RFAC).
For more information on Industrial Biotechnology Corporation visit : http://www.investorideas.com/CO/IBOT/Default.asp or http://www.industrialbiotechnology.com
Sources:
http://www.volkskrant.nl/achtergrond/buitenland/amerikaanse_presidentsverkiezin/article1058072.ece/OBAMA_CAMPAIGN_HAS_TIES_TO_ETHANOL_INTERESTS
www.sugarcaneethanolfacts.com
http://www.epa.gov/otaq/renewablefuels
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Industrial Biotechnology Corporation: $5000 per month for green investor showcase program #1. Additional compensation - 150,000 144 shares over 12 month period issued quarterly.
www.InvestorIdeas.com/About/Disclaimer.asp
Investor Info and Regulation for Pinks Sheets: http://www.pinksheets.com/pink/otcguide/investors_protection.jsp
Investorideas Contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com, Source: RenewableEnergyStocks.com, Industrial Biotechnology Corporation, Cosan, SA
“US import tariff on Brazilian ethanol exports compromises the country’s capacity to diversify its fuels supplier base”
POINT ROBERTS, WA and DELTA, BC September 9, 2008-www.Renewableenergystocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, reports on the controversy and benefits of importing of Brazilian Sugarcane based ethanol.
As the Brazilian ethanol industry plans to boost ethanol demand abroad and expand markets,
industry participants Cosan, SA (CSAN3.SA) (CZZ), Industrial Biotechnology Corporation (OTCPK: IBOT), the EPA, Tom McCain and The Brazilian Sugarcane Industry Association comment on the benefits of sugarcane ethanol.
Brazil is expanding its production and will harvest 12% more cane than last year, with plans to increase ethanol exports 25%. Brazil is currently the second largest producer of ethanol in the world, after the US. According to the Brazilian Sugarcane Industry Association, in 2007 Brazil produced an estimated 487 million metric tons of sugarcane, which yielded 30.6 million tons of sugar and 22 billion liters of ethanol.
Louis Dreyfus Commodities, one of the top three sugar merchandisers and traders in the world, managing more than 2.5 million tons of sugar annually recently announced it $433 million investment to open a new mill in Brazil's Mato Grosso do Sul state.
In a recent Green Investor Podcast, Industrial Biotechnology Corporation (OTCPK: IBOT) CEO Mr. Badolato, discusses plans for its operating subsidiary, Renewable Fuels of America Inc., to import and distribute Brazilian sugarcane ethanol into US and coastal markets . http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
Mr. Badolato reports, “We are maximizing and leveraging the existing distributors in US and coastal areas that are logistically and economically favorable for a port entry supply. He also comments on the environmental benefits and cost efficiencies related to sugarcane ethanol.”
He also goes on to say, “We are serving the niche of the independent providers with the targeted coastal and port areas and storage facilities.”
Industrial Biotechnology Corporation currently has a joint ventures project and ethanol supply agreement and relationship in place with Cosan, SA.
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
According to Antonio Henrique Prado, manager for International Business Development of Cosan (CSAN3.SA), a Brazil-based company active in the production of sugar and ethanol, “Currently 10% of Cosan’s revenues are related to ethanol exports. Even though exports are growing, the robust domestic demand for hydrous ethanol (due to the increasing Brazilian flex-fuel fleet) will likely keep exports importance within COSAN’s revenues mix stable in the near term. Over the medium and long-term, exports importance tends to increase. “
He notes Sugarcane ethanol provides several advantages over other feedstocks.
He also goes on to say, “The challenge for the Brazilian ethanol industry is to boost ethanol demand abroad, which can be achieved by clarifying the benefits related to sugarcane ethanol adoption and developing alternative suppliers.
“It is our opinion that the current US import tariff on Brazilian ethanol exports compromises the country’s capacity to diversify its fuels supplier base and ultimately drains resources from American taxpayers.”
Presidential candidate John McCain recently quoted in an interview with a Brazilian newspaper stated, “We made a series of mistakes by not adopting a sustainable energy policy, one of which is the subsidies for corn ethanol, which I warned in Iowa were going to destroy the market, and contribute to inflation. Besides, it is wrong, to tax Brazilian-made sugarcane ethanol, “which is much more efficient than corn ethanol.”
EPA Administrator Stephen L. Johnson recently announced the decision to deny a request submitted by the State of Texas to reduce the nationwide Renewable Fuels Standard (RFS). As a result, the required total volume of renewable fuels, such as ethanol and biodiesel, mandated by law to be blended into the fuel supply will remain at 9 billion gallons in 2008 and 11.1 billion gallons in 2009.
“After reviewing the facts, it was clear this request did not meet the criteria in the law,” said Stephen L. Johnson. “The RFS remains an important tool in our ongoing efforts to reduce America’s greenhouse gas emissions and lessen our dependence on foreign oil, in aggressive yet practical ways.”
Following EPA news, The Brazilian Sugarcane Industry Association representative in Washington, Joel Velasco, recently commented, "The next step -- and one that Congress has yet to take -- is to reduce the distortive tariff on imported ethanol. This one-of-a-kind tax on a clean energy alternative serves only to punish American drivers by artificially inflating the price of gasoline at the pump.”
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
About Industrial Biotechnology Corporation (OTCPK: IBOT): Industrial Biotechnology Corporation provides products, services and technologies using renewable resources as an alternative to petroleum. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels. IBC will provide these cost competitive, environmentally responsible solutions via its operating subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of America Corporation (RFAC).
For more information on Industrial Biotechnology Corporation visit : http://www.investorideas.com/CO/IBOT/Default.asp or http://www.industrialbiotechnology.com
Sources:
http://www.volkskrant.nl/achtergrond/buitenland/amerikaanse_presidentsverkiezin/article1058072.ece/OBAMA_CAMPAIGN_HAS_TIES_TO_ETHANOL_INTERESTS
www.sugarcaneethanolfacts.com
http://www.epa.gov/otaq/renewablefuels
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Industrial Biotechnology Corporation: $5000 per month for green investor showcase program #1. Additional compensation - 150,000 144 shares over 12 month period issued quarterly.
www.InvestorIdeas.com/About/Disclaimer.asp
Investor Info and Regulation for Pinks Sheets: http://www.pinksheets.com/pink/otcguide/investors_protection.jsp
Investorideas Contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com, Source: RenewableEnergyStocks.com, Industrial Biotechnology Corporation, Cosan, SA
Friday, September 05, 2008
Coming Soon: Ten Green Companies the Size of Exxon Mobil
Coming Soon: Ten Green Companies the Size of Exxon Mobil
Investorideas.com Green Investor Audio Series; Interview with Nancy Floyd, Founder and Managing Director of Nth Power
POINT ROBERTS, Wash., Delta B.C., September 5, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Nancy Floyd, Founder and Managing Director of Nth Power, a venture capital firm based in San Francisco. Nth Power was one of the first venture firms specializing in the cleantech sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Coming Soon: Ten Green Companies the Size of Exxon Mobil
“Nancy Floyd, of the venture capital fund Nth Power, sees big things ahead for green energy investors”
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Nancy Floyd, Founder and Managing Director of Nth Power. Ms. Floyd has led Nth Power’s investments in Silicon Energy (NASDAQ: ITRI), Northern Power (NASDAQ: DESC), Smartsynch, Serveron, SpectraSensors and Propel Biofuels.
To hear the full Audio file: click here:
http://static.investorideas.com.s3.amazonaws.com/podcasts/2008/gi090208a.mp3
About Nth Power
Nth Power is a venture capital firm based in San Francisco and is the first and most experienced venture capital firm funding promising startup companies in the growing sector of energy technology, materials and other related businesses. With $420 million under management in four funds and an investment record that begins in 1997, Nth Power is widely known and well regarded as the driving force behind many of the most successful energy technology companies.
http://www.nthpower.com/
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Investorideas.com Green Investor Audio Series; Interview with Nancy Floyd, Founder and Managing Director of Nth Power
POINT ROBERTS, Wash., Delta B.C., September 5, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Nancy Floyd, Founder and Managing Director of Nth Power, a venture capital firm based in San Francisco. Nth Power was one of the first venture firms specializing in the cleantech sector.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Coming Soon: Ten Green Companies the Size of Exxon Mobil
“Nancy Floyd, of the venture capital fund Nth Power, sees big things ahead for green energy investors”
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Nancy Floyd, Founder and Managing Director of Nth Power. Ms. Floyd has led Nth Power’s investments in Silicon Energy (NASDAQ: ITRI), Northern Power (NASDAQ: DESC), Smartsynch, Serveron, SpectraSensors and Propel Biofuels.
To hear the full Audio file: click here:
http://static.investorideas.com.s3.amazonaws.com/podcasts/2008/gi090208a.mp3
About Nth Power
Nth Power is a venture capital firm based in San Francisco and is the first and most experienced venture capital firm funding promising startup companies in the growing sector of energy technology, materials and other related businesses. With $420 million under management in four funds and an investment record that begins in 1997, Nth Power is widely known and well regarded as the driving force behind many of the most successful energy technology companies.
http://www.nthpower.com/
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Thursday, September 04, 2008
All Charged Up - Battery power plays worth exploring
All Charged Up - Battery power plays worth exploring
September 4, 2008 , Delta BC- Green Investor at Investorideas.com
http://www.investorideas.com/gi/
By Paulo Nery
Batteries are becoming increasingly important to our lives. Not only to sustain our rapidly expanding wireless technology requirements, but also to support our need to travel about. With hybrids, plug in hybrids and fully electric vehicles beginning to provide us with more cost effective transport, we’re bound to depend more and more on batteries. And at a larger scale, as we integrate more renewable sources of energy into our electricity grid, we’ll need to manage supplies with more uncertainty. So, there is likely to be an increased need for energy storage solutions to help temper the ups and downs of power supply irregularity.
Lithium Ion batteries seem to get a lot press for their higher storage capacity per pound, but the more traditional lead-acid batteries are likely to be with us for a long time to come, particularly in the many industrial applications the use them.
The biggest maker of industrial lead acid batteries is Enersys (ENS). They make batteries for forklifts and for back up power systems, over 60% of which is overseas. They’re selling into markets like global logistics, telecoms companies and the military.
Enersys has a proprietary technology that means their batteries last longer and are smaller than the average lead-acid battery. They call it "thin pure plate lead" or TPPL. According to their last conference call, demand for these batteries is more than they can keep up with. So they’re expanding the plant that makes them.
But Enersys is not just about old battery technology. They also have a lithium-ion battery technology which they sell primarily to military, telecoms and specialty industries. So this steady tech company is well positioned for near term as well as longer term growth. (www.enersys.com)
Another large maker of lead acid batteries is Exide (XIDE) who make batteries for cars, bikes, boats, agricultural equipment, construction vehicles etc. They also sell specialized batteries for forklifts and other industrial equipment including the military. Like EDS, over half of their sales come from overseas.
Only yesterday I had to put a new battery in my wife’s car. And where do you think the old one went? Yep, Exide, who happen to be the largest recycler of lead batteries in the U.S. That means they’re getting better value than buying lead on the open market, and saving a bundle in the process of being green.
Their market cap, at $837 million, is about 25% less than Enersys. But their sales are considerably higher and their p/e ratio is slightly lower, so I’m inclined to like them a bit more. (www.exide.com)
Axion Power International (AXPW) is developing a proprietary technology they call PbC – perhaps because it’s a hybrid of lead-acid and carbon. See their website for more details on how it’s made (www.axionpower.com). Axion aims to sell the batteries made with PbC as an upgrade to conventional lead-acid batteries in industrial applications. This is an enormous broad-based potential market that will likely respond to more efficient batteries.
They’ve been focused for over two years on refining their manufacturing methods as well as continuing with performance testing on the pre-production prototypes. These tests have shown that their PbC batteries have considerably longer cycle-lives, faster recharge rates and more power than conventional lead acid batteries. But then, a lot can change between pre-production and real world production.
If you’re in the mood for more speculative plays, Ener1 (HEV) is a good start. They don’t have significant sales yet, but are developing Lithium-Ion batteries that have been delivered as prototypes and successfully tested in a Th!nk EV (electric vehicle). They’ve already built a manufacturing and testing facility and expect to begin manufacturing by the end of this year. So they might actually be the first to offer a production Litium-Ion battery to the auto industry.
For the long term, Ener1 is developing nano-materials for better battery storage. That’s very intriguing with oil prices high, but not something to hold your breath for.
And, you have to like the fact that they’ve shifted from the OTC market to the AMEX, which makes the company seem that much more credible. (www.ener1.com)
If you’re a fan of Lithium-Ion batteries you could do worse than to look at Sociedad Quimica y Minera de Chile S.A. (SQM) the Chilean mining company that produces potassium nitrate, iodine and lithium carbonate other specialty products. They just happen to also be the world’s biggest producer of Lithium, a business that was 15% of their revenues last year but is expanding fast and expected to approach 40% by the end of this year. Clearly, they will be a big benefactor of any significant increase in demand for Lithium from whichever battery maker, or makers, succeed in launching real-world products. (www.sqm.com)
Some other battery technology companies to keep an eye out for include:
Maxwell Technologies, Inc. (MXWL) - supercapacitors (www.maxwell.com)
Energy Conversion Devices (ENER) - nickel metal hydride (NiMH) battery technology (www.ovonic.com)
Advanced Battery Technologies, Inc (ABAT) - polymer Lithium-Ion (www.advancedbatterytech.com)
While the Lithium-Ion batteries seem to get most of the star attention, the advantages, mainly smaller size, relative to the cost only pay off for mobile devices right now. So the old-fashioned lead-acid battery is likely to continue to hold on to a big piece of the market for a long time yet. But the lead-carbon hybrid concept offers bankable advantages like faster charge, longer life and higher power. So it may find a significant market once production begins in earnest.
Disclaimer: Nothing in the above article in no way constitutes a recommendation to buy or invest in these or any other stocks. You should always seek professional financial advice when planning your investments or trading in the stock markets. Paulo Nery is an independent columnist for Green Investor at Investorideas.com Paulo J. Nery writes about green business, green investing and green lifestyle. www.InvestorIdeas.com/About/Disclaimer.asp. InvestorIdeas is not affiliated or compensated by the companies mentioned in this article.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com
http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
September 4, 2008 , Delta BC- Green Investor at Investorideas.com
http://www.investorideas.com/gi/
By Paulo Nery
Batteries are becoming increasingly important to our lives. Not only to sustain our rapidly expanding wireless technology requirements, but also to support our need to travel about. With hybrids, plug in hybrids and fully electric vehicles beginning to provide us with more cost effective transport, we’re bound to depend more and more on batteries. And at a larger scale, as we integrate more renewable sources of energy into our electricity grid, we’ll need to manage supplies with more uncertainty. So, there is likely to be an increased need for energy storage solutions to help temper the ups and downs of power supply irregularity.
Lithium Ion batteries seem to get a lot press for their higher storage capacity per pound, but the more traditional lead-acid batteries are likely to be with us for a long time to come, particularly in the many industrial applications the use them.
The biggest maker of industrial lead acid batteries is Enersys (ENS). They make batteries for forklifts and for back up power systems, over 60% of which is overseas. They’re selling into markets like global logistics, telecoms companies and the military.
Enersys has a proprietary technology that means their batteries last longer and are smaller than the average lead-acid battery. They call it "thin pure plate lead" or TPPL. According to their last conference call, demand for these batteries is more than they can keep up with. So they’re expanding the plant that makes them.
But Enersys is not just about old battery technology. They also have a lithium-ion battery technology which they sell primarily to military, telecoms and specialty industries. So this steady tech company is well positioned for near term as well as longer term growth. (www.enersys.com)
Another large maker of lead acid batteries is Exide (XIDE) who make batteries for cars, bikes, boats, agricultural equipment, construction vehicles etc. They also sell specialized batteries for forklifts and other industrial equipment including the military. Like EDS, over half of their sales come from overseas.
Only yesterday I had to put a new battery in my wife’s car. And where do you think the old one went? Yep, Exide, who happen to be the largest recycler of lead batteries in the U.S. That means they’re getting better value than buying lead on the open market, and saving a bundle in the process of being green.
Their market cap, at $837 million, is about 25% less than Enersys. But their sales are considerably higher and their p/e ratio is slightly lower, so I’m inclined to like them a bit more. (www.exide.com)
Axion Power International (AXPW) is developing a proprietary technology they call PbC – perhaps because it’s a hybrid of lead-acid and carbon. See their website for more details on how it’s made (www.axionpower.com). Axion aims to sell the batteries made with PbC as an upgrade to conventional lead-acid batteries in industrial applications. This is an enormous broad-based potential market that will likely respond to more efficient batteries.
They’ve been focused for over two years on refining their manufacturing methods as well as continuing with performance testing on the pre-production prototypes. These tests have shown that their PbC batteries have considerably longer cycle-lives, faster recharge rates and more power than conventional lead acid batteries. But then, a lot can change between pre-production and real world production.
If you’re in the mood for more speculative plays, Ener1 (HEV) is a good start. They don’t have significant sales yet, but are developing Lithium-Ion batteries that have been delivered as prototypes and successfully tested in a Th!nk EV (electric vehicle). They’ve already built a manufacturing and testing facility and expect to begin manufacturing by the end of this year. So they might actually be the first to offer a production Litium-Ion battery to the auto industry.
For the long term, Ener1 is developing nano-materials for better battery storage. That’s very intriguing with oil prices high, but not something to hold your breath for.
And, you have to like the fact that they’ve shifted from the OTC market to the AMEX, which makes the company seem that much more credible. (www.ener1.com)
If you’re a fan of Lithium-Ion batteries you could do worse than to look at Sociedad Quimica y Minera de Chile S.A. (SQM) the Chilean mining company that produces potassium nitrate, iodine and lithium carbonate other specialty products. They just happen to also be the world’s biggest producer of Lithium, a business that was 15% of their revenues last year but is expanding fast and expected to approach 40% by the end of this year. Clearly, they will be a big benefactor of any significant increase in demand for Lithium from whichever battery maker, or makers, succeed in launching real-world products. (www.sqm.com)
Some other battery technology companies to keep an eye out for include:
Maxwell Technologies, Inc. (MXWL) - supercapacitors (www.maxwell.com)
Energy Conversion Devices (ENER) - nickel metal hydride (NiMH) battery technology (www.ovonic.com)
Advanced Battery Technologies, Inc (ABAT) - polymer Lithium-Ion (www.advancedbatterytech.com)
While the Lithium-Ion batteries seem to get most of the star attention, the advantages, mainly smaller size, relative to the cost only pay off for mobile devices right now. So the old-fashioned lead-acid battery is likely to continue to hold on to a big piece of the market for a long time yet. But the lead-carbon hybrid concept offers bankable advantages like faster charge, longer life and higher power. So it may find a significant market once production begins in earnest.
Disclaimer: Nothing in the above article in no way constitutes a recommendation to buy or invest in these or any other stocks. You should always seek professional financial advice when planning your investments or trading in the stock markets. Paulo Nery is an independent columnist for Green Investor at Investorideas.com Paulo J. Nery writes about green business, green investing and green lifestyle. www.InvestorIdeas.com/About/Disclaimer.asp. InvestorIdeas is not affiliated or compensated by the companies mentioned in this article.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com
http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Wednesday, August 27, 2008
Investorideas.com Green Investor Audio Series; “Renewable Energy- The Perfect Storm,
Investorideas.com Green Investor Audio Series; “Renewable Energy- The Perfect Storm,
A Transformation of the World’s Energy Infrastructure “
Michael Brush Audio with Michael Liebreich, head of the London-based clean energy research firm, New Energy Finance, Discussing Major Trends in Renewable Energy
POINT ROBERTS, Wash., Delta B.C., August 27, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance. Mr. Liebreich discusses the industry trends coming together all at once that have created a perfect storm in renewable energy for investors.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance.
Renewable Energy: “The Perfect Storm”
Michael Liebreich, head of the London-based clean energy research firm New Energy Finance, www.newenergyfinance.com offers an overview of what’s to come for the sector.
Mr. Liebreich commenting on trends and opportunities notes,” It’s really a perfect storm .It’s not just one or two small trends; it’s a transformation of the world’s energy infrastructure. The industry is going from high -carbon to low- carbon. “
“The drivers include climate change, oil depletion, energy security, deregulation, new technologies like nanomaterial , Biotech and information technologies which allow you to manage distributed energy resources in a way we couldn’t 15 years ago. All these trends coming together at once create an enormously powerful transformation and opportunities to invest.”
To hear the full Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi082708.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
A Transformation of the World’s Energy Infrastructure “
Michael Brush Audio with Michael Liebreich, head of the London-based clean energy research firm, New Energy Finance, Discussing Major Trends in Renewable Energy
POINT ROBERTS, Wash., Delta B.C., August 27, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance. Mr. Liebreich discusses the industry trends coming together all at once that have created a perfect storm in renewable energy for investors.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance.
Renewable Energy: “The Perfect Storm”
Michael Liebreich, head of the London-based clean energy research firm New Energy Finance, www.newenergyfinance.com offers an overview of what’s to come for the sector.
Mr. Liebreich commenting on trends and opportunities notes,” It’s really a perfect storm .It’s not just one or two small trends; it’s a transformation of the world’s energy infrastructure. The industry is going from high -carbon to low- carbon. “
“The drivers include climate change, oil depletion, energy security, deregulation, new technologies like nanomaterial , Biotech and information technologies which allow you to manage distributed energy resources in a way we couldn’t 15 years ago. All these trends coming together at once create an enormously powerful transformation and opportunities to invest.”
To hear the full Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi082708.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Thursday, August 21, 2008
Green Investor Audio with Professor Colin Oloman, Inventor of the ERC carbon capture technology, on behalf of Mantra Venture Group Ltd. (OTCBB: MVTG )
Renewable Energy Stocks Green Investor Audio with Professor Colin Oloman, Inventor of the ERC carbon capture technology, on behalf of Mantra Venture Group Ltd. (OTCBB: MVTG )
“ERC Carbon Capture Technology Represents Alternative or Add- on to Carbon Sequestration”
POINT ROBERTS, WA and DELTA, BC –August 21, 2008 Investorideas.com and www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, present an audio interview with Professor Colin Oloman, inventor of the ERC (Electro Reduction of Carbon Dioxide) carbon capture technology, on behalf of Mantra Venture Group Ltd. (OTCBB: MVTG ).
Professor Colin Oloman describes the scope and potential and applications for the technology.” The process turns carbon dioxide into useful products instead of burying it underground. It is an alternative or add- on to carbon sequestration. The applications include the production of industrial chemicals and liquid fuels such as formic acid.”
“Liquid fuels such as formic acid can potentially be used as carbon neutral regenerated fuel systems with fuel cells that are driven by non- fossil sources. These carbon neutral systems could be a key to tackling the problem of global warming.”
He also outlines the next phases of development for the technology from Mantra’s lab in Richmond B.C., to a much bigger stage of building a plant in the future.
To hear audio: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081308a.mp3
The Mantra ERC technology was also recently featured in North American Clean Energy Magazine http://www.nacleanenergy.com/
Previous Mantra audio available: Larry Kristof Elaborates on Green Incubator Model of Carbon Capture, Cellulosic Ethanol and Recent China Venture. CEO Larry Kristof is joined by Mr. Fred Enga of Northwind Ethanol, Mantra’s joint venture partner for the development and commercialization of cellulosic ethanol. To hear the full audio interview click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081208a.mp3
About Mantra Venture Group Ltd. (OTCBB: MVTG-FSE: EDV 5MV)
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
For a list of company projects: http://www.mantraenergy.com/projects/index.php
More info can be found on the Investorideas.com at the company showcase http://www.investorideas.com/CO/MVTG/ or at the company website http://www.mantraenergy.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Mantra Venture is a featured showcase company (program#2) for $2000 month and 150,000 restricted shares over 12 months.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
To contact Mantra
Terry Johnston
Phone: (604) 267-3022
Email: tjohnston@mantraenergy.com
Source: RenewableEnergyStocks.com, Mantra Venture Group Ltd
“ERC Carbon Capture Technology Represents Alternative or Add- on to Carbon Sequestration”
POINT ROBERTS, WA and DELTA, BC –August 21, 2008 Investorideas.com and www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, present an audio interview with Professor Colin Oloman, inventor of the ERC (Electro Reduction of Carbon Dioxide) carbon capture technology, on behalf of Mantra Venture Group Ltd. (OTCBB: MVTG ).
Professor Colin Oloman describes the scope and potential and applications for the technology.” The process turns carbon dioxide into useful products instead of burying it underground. It is an alternative or add- on to carbon sequestration. The applications include the production of industrial chemicals and liquid fuels such as formic acid.”
“Liquid fuels such as formic acid can potentially be used as carbon neutral regenerated fuel systems with fuel cells that are driven by non- fossil sources. These carbon neutral systems could be a key to tackling the problem of global warming.”
He also outlines the next phases of development for the technology from Mantra’s lab in Richmond B.C., to a much bigger stage of building a plant in the future.
To hear audio: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081308a.mp3
The Mantra ERC technology was also recently featured in North American Clean Energy Magazine http://www.nacleanenergy.com/
Previous Mantra audio available: Larry Kristof Elaborates on Green Incubator Model of Carbon Capture, Cellulosic Ethanol and Recent China Venture. CEO Larry Kristof is joined by Mr. Fred Enga of Northwind Ethanol, Mantra’s joint venture partner for the development and commercialization of cellulosic ethanol. To hear the full audio interview click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081208a.mp3
About Mantra Venture Group Ltd. (OTCBB: MVTG-FSE: EDV 5MV)
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
For a list of company projects: http://www.mantraenergy.com/projects/index.php
More info can be found on the Investorideas.com at the company showcase http://www.investorideas.com/CO/MVTG/ or at the company website http://www.mantraenergy.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Mantra Venture is a featured showcase company (program#2) for $2000 month and 150,000 restricted shares over 12 months.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Investorideas.com
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
To contact Mantra
Terry Johnston
Phone: (604) 267-3022
Email: tjohnston@mantraenergy.com
Source: RenewableEnergyStocks.com, Mantra Venture Group Ltd
Wednesday, August 20, 2008
Ethanol: Is it coming or going?
Ethanol: Is it coming or going?
August 20, 2008- Investorideas.com
Green Investor at Investorideas.com
http://www.investorideas.com/gi/
Column by Paulo Nery Exclusively for Investorideas.com
I’ve been an ethanol skeptic for quite some time now. The basic problem lies in the use of corn as the principal feedstock. Converting a large proportion of our food supplies into driving fuel tends to pressure the commodity market and increases the price. With corn being ubiquitous in processed foods (corn starch, dextrose, fructose, the list goes on) it increases costs across the board. But with the recent performance of Verasun Energy, perhaps I need to modify my view, or at least re-examine it.
Verasun (VSE) reported its quarterly numbers on August 12th and came in at 16 cents per share, well above analysts’ expectations of 2 cents. Its profits grew an impressive 58% due to higher production volumes and the higher prices they could charge in line with higher oil prices. While their raw material costs increased more than the prices they could charge for ethanol, they more than made up for that in increased volume of business.
According to Verasun’s CEO, Don Edres, part of what’s driving increased business for ethanol producers is the great economics of ethanol for marketers. The fact that they can earn margins of around 25 cents for ethanol-blended gasoline, compared to less than 10 cents per gallon for unleaded gasoline is a real incentive for marketers and blenders. Part of that difference is made up of a 51 cent blender’s credit and part from the higher per gallon margins on ethanol, which are around 70 cents now.
Another big player in ethanol is Aventine (AVR) reported its quarterly earnings on July 31st. While they experienced record sales, profits fell to a loss of 5 cents per share compared to a year ago figure of 30 cents profit per share. Discounting for its one-time loss connected with auction rate securities, the company would have earned 16 cents per share, which beat the expectations of 12 cents. They also cited higher corn costs as a factor in the lowered profits.
A third player in the market, Pacific Ethanol (PEIX) reported its quarterly earnings on August 11th and missed with a 23 cent per share loss compared to a 3 cent per share profit a year ago. The loss came in spite of a 74% increase in revenues and a 52% increase in sales volume versus the previous year. As with Aventine, higher corn costs were a factor. Pacific Ethanol had paid 67% more this quarter for their corn than the previous year. Their business model however places plants in locations like Colorado, Oregon and California which, while close to the end market, adds transport cost to the raw material.
All of this news and activity makes me wonder again about the longer-term viability of ethanol. It has many critics, but it has many strident supporters too. Once production can switch to non-food sources as raw material then the main problems evaporate. Hence, cellulosic ethanol looks like the story to follow. The potential of converting huge quantities of low value bio waste into fuel is simply fantastic. What’s more green than getting value out of rubbish and displacing something more toxic at the same time?
The Earth Policy Institute, which is a frequent critic of corn based ethanol, calculated in June 2005 that just one third of agricultural residues like stalks and straw would yield 14.5 billion gallons per year – more than twice current production.
Already a handful of companies are building cellulosic ethanol plants.
Range Fuels announced in March this year that they had completed $100 million in series B financing to complete the construction of a cellulosic plant in Soperton, Georgia. Plans are for the plant to be completed in 2009.
Poet LLC, announced recently that they will have a 20,000 gallon per year pilot plant operational by the end of the year. This will help them perfect their processes for the commercial plant they expect to be operational in Emmetsburg, Iowa by 2011.
Verenium (VRNM) has just agreed a venture with BP who will invest $90 million to develop technologies and refineries to produce cellulosic ethanol. Verenium had opened a $70 million demonstration plant in May which can produce 1.4 million gallons per year from switchgrass, wood products and other bio-mass. They’re now setting up a pilot plant and expect production to start in the fourth quarter of this year. They too plan for a commercially viable plant in operation by 2011 which should be capable of producing 30 million gallons per year.
Coskata, say they are building a 40,000 gallon demonstration facility near Pittsburgh. The company claims they will be able to produce cellulosic ethanol for less than $1 per gallon. They recently raised $19.5 million in a second round of funding for the project which is expected to begin delivering product in early 2009.
The Alternative Energy Technology Center, (AETE) has matched Coskata’s claim saying they too can market cellulosic ethanol for less than $1 per gallon – half the cost of corn ethanol. They announced in March that they are in the "completion phase" of designing and building a biorefining system that will make 20-100 tons of ethanol, gasoline, diesel and other products per day. That’s roughly 50,000-250,000 gallons per year.
Finally, BlueFire Ethanol (BFRE), having been granted permits in July, will soon begin construction on its first commercial plant next to a Southern California landfill. They expect to be delivering up to 3.2 million gallons per year of cellulosic ethanol, starting in June next year.
One of the big challenges with cellulosic ethanol is collecting and sorting the feedstock. In the case of agricultural waste like stalks, it’s typically left on the field. New systems and processes need to be developed to capture these materials for processing. Some of the easiest material to obtain now are corn cobs, which several companies are using to start up operations. BlueFire’s approach is to site next to landfill sites that already separate out bio-mass waste.
Many of the companies mentioned here are privately held. And those that are listed are Over-The-Counter listings that trade thinly. The safer investments in the ethanol space remain the larger players, most of whom have yet to say much at all about cellulosic ethanol.
Paulo J. Nery
Bio: http://www.investorideas.com/GI/pn.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy/ Greentech News Feed at Investorideas.com :
http://www.investorideas.com/RSS/feeds/RES.xml
Disclaimer: Nothing in the above article in no way constitutes a recommendation to buy or invest in these or any other stocks. You should always seek professional financial advice when planning your investments or trading in the stock markets.
Investorideas.com disclaimer: Mr. Nery is an independent columnist for this web site.
August 20, 2008- Investorideas.com
Green Investor at Investorideas.com
http://www.investorideas.com/gi/
Column by Paulo Nery Exclusively for Investorideas.com
I’ve been an ethanol skeptic for quite some time now. The basic problem lies in the use of corn as the principal feedstock. Converting a large proportion of our food supplies into driving fuel tends to pressure the commodity market and increases the price. With corn being ubiquitous in processed foods (corn starch, dextrose, fructose, the list goes on) it increases costs across the board. But with the recent performance of Verasun Energy, perhaps I need to modify my view, or at least re-examine it.
Verasun (VSE) reported its quarterly numbers on August 12th and came in at 16 cents per share, well above analysts’ expectations of 2 cents. Its profits grew an impressive 58% due to higher production volumes and the higher prices they could charge in line with higher oil prices. While their raw material costs increased more than the prices they could charge for ethanol, they more than made up for that in increased volume of business.
According to Verasun’s CEO, Don Edres, part of what’s driving increased business for ethanol producers is the great economics of ethanol for marketers. The fact that they can earn margins of around 25 cents for ethanol-blended gasoline, compared to less than 10 cents per gallon for unleaded gasoline is a real incentive for marketers and blenders. Part of that difference is made up of a 51 cent blender’s credit and part from the higher per gallon margins on ethanol, which are around 70 cents now.
Another big player in ethanol is Aventine (AVR) reported its quarterly earnings on July 31st. While they experienced record sales, profits fell to a loss of 5 cents per share compared to a year ago figure of 30 cents profit per share. Discounting for its one-time loss connected with auction rate securities, the company would have earned 16 cents per share, which beat the expectations of 12 cents. They also cited higher corn costs as a factor in the lowered profits.
A third player in the market, Pacific Ethanol (PEIX) reported its quarterly earnings on August 11th and missed with a 23 cent per share loss compared to a 3 cent per share profit a year ago. The loss came in spite of a 74% increase in revenues and a 52% increase in sales volume versus the previous year. As with Aventine, higher corn costs were a factor. Pacific Ethanol had paid 67% more this quarter for their corn than the previous year. Their business model however places plants in locations like Colorado, Oregon and California which, while close to the end market, adds transport cost to the raw material.
All of this news and activity makes me wonder again about the longer-term viability of ethanol. It has many critics, but it has many strident supporters too. Once production can switch to non-food sources as raw material then the main problems evaporate. Hence, cellulosic ethanol looks like the story to follow. The potential of converting huge quantities of low value bio waste into fuel is simply fantastic. What’s more green than getting value out of rubbish and displacing something more toxic at the same time?
The Earth Policy Institute, which is a frequent critic of corn based ethanol, calculated in June 2005 that just one third of agricultural residues like stalks and straw would yield 14.5 billion gallons per year – more than twice current production.
Already a handful of companies are building cellulosic ethanol plants.
Range Fuels announced in March this year that they had completed $100 million in series B financing to complete the construction of a cellulosic plant in Soperton, Georgia. Plans are for the plant to be completed in 2009.
Poet LLC, announced recently that they will have a 20,000 gallon per year pilot plant operational by the end of the year. This will help them perfect their processes for the commercial plant they expect to be operational in Emmetsburg, Iowa by 2011.
Verenium (VRNM) has just agreed a venture with BP who will invest $90 million to develop technologies and refineries to produce cellulosic ethanol. Verenium had opened a $70 million demonstration plant in May which can produce 1.4 million gallons per year from switchgrass, wood products and other bio-mass. They’re now setting up a pilot plant and expect production to start in the fourth quarter of this year. They too plan for a commercially viable plant in operation by 2011 which should be capable of producing 30 million gallons per year.
Coskata, say they are building a 40,000 gallon demonstration facility near Pittsburgh. The company claims they will be able to produce cellulosic ethanol for less than $1 per gallon. They recently raised $19.5 million in a second round of funding for the project which is expected to begin delivering product in early 2009.
The Alternative Energy Technology Center, (AETE) has matched Coskata’s claim saying they too can market cellulosic ethanol for less than $1 per gallon – half the cost of corn ethanol. They announced in March that they are in the "completion phase" of designing and building a biorefining system that will make 20-100 tons of ethanol, gasoline, diesel and other products per day. That’s roughly 50,000-250,000 gallons per year.
Finally, BlueFire Ethanol (BFRE), having been granted permits in July, will soon begin construction on its first commercial plant next to a Southern California landfill. They expect to be delivering up to 3.2 million gallons per year of cellulosic ethanol, starting in June next year.
One of the big challenges with cellulosic ethanol is collecting and sorting the feedstock. In the case of agricultural waste like stalks, it’s typically left on the field. New systems and processes need to be developed to capture these materials for processing. Some of the easiest material to obtain now are corn cobs, which several companies are using to start up operations. BlueFire’s approach is to site next to landfill sites that already separate out bio-mass waste.
Many of the companies mentioned here are privately held. And those that are listed are Over-The-Counter listings that trade thinly. The safer investments in the ethanol space remain the larger players, most of whom have yet to say much at all about cellulosic ethanol.
Paulo J. Nery
Bio: http://www.investorideas.com/GI/pn.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
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Disclaimer: Nothing in the above article in no way constitutes a recommendation to buy or invest in these or any other stocks. You should always seek professional financial advice when planning your investments or trading in the stock markets.
Investorideas.com disclaimer: Mr. Nery is an independent columnist for this web site.
Global Policy and Investing Trends in Green Energy
Global Policy and Investing Trends in Green Energy
Investorideas.com Ongoing Green Investor Audio Series with Michael Brush Gives Insight into Sector with Leading Renewable Energy Experts
POINT ROBERTS, Wash., Delta B.C., August 20, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, is pleased to provide interested investors a recent audio interview with Eric Martinot of the Institute for Sustainable Energy in Tokyo.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Global Policy and Investing Trends in Green Energy
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Eric Martinot of the Institute for Sustainable Energy in Tokyo.
Before joining the Institute for Sustainable Energy in Tokyo, Eric Martinot worked on renewable energy issues at the World Bank for six years. In this interview, he offers an outlook on trends in government policies towards green energy around the globe, and financing and technology trends in the sector.
To hear the full interview Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi081908.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH) Sugarcane Ethanol Stock (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Investorideas.com Ongoing Green Investor Audio Series with Michael Brush Gives Insight into Sector with Leading Renewable Energy Experts
POINT ROBERTS, Wash., Delta B.C., August 20, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, is pleased to provide interested investors a recent audio interview with Eric Martinot of the Institute for Sustainable Energy in Tokyo.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Global Policy and Investing Trends in Green Energy
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Eric Martinot of the Institute for Sustainable Energy in Tokyo.
Before joining the Institute for Sustainable Energy in Tokyo, Eric Martinot worked on renewable energy issues at the World Bank for six years. In this interview, he offers an outlook on trends in government policies towards green energy around the globe, and financing and technology trends in the sector.
To hear the full interview Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi081908.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH) Sugarcane Ethanol Stock (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Tuesday, August 19, 2008
Renewable Energy Stocks Green Investor Audio Interview with
Renewable Energy Stocks Green Investor Audio Interview with
Tom Djokovich, CEO of Thin Film Solar Company, XsunX, Inc. (OTCBB: XSNX)
“We’ve designed our solar modules specifically for the electrical utilities scale market”
POINT ROBERTS, WA and DELTA, BC—August 19, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor audio interview with Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX). XsunX, Inc is a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic solar manufacturing facilities.
In the interview, Tom Djokovich, CEO of XsunX discusses the company’s business model, the thin film solar technology, recent progress, market drivers and current bids and proposals in the pipeline.
“A year ago we designed a solar module and a manufacturing system to produce it. In January we began building a manufacturing facility near Portland Oregon. To start, we will build about 25 megawatts of production capacity, which represents approximately 200,000 marketable solar panels per year, and then grow that capacity to 35 megawatts by improving our system performance and adding work shifts. We then plan to begin efforts to scale to 100 megawatts of manufacturing capacity by some time in 2010”, Tom Djokovich summarizes in describing his business model.
According to Mr. Djokovich, “Our modules are designed for the electrical utilities scale market where thousands of solar modules are used in each power field. We have started bidding projects for utilities and government agencies to install our modules. The second part of our target market is the conventional installer and integrator where we have received significant requests for purchases of our modules in 2009 and later.”
In addressing the opportunity, Mr. Djokovich notes “The electrical market is enormous. To keep up with demand, the utilities are reaching out for new power production methods that are clean and safe. Long term, these power fields are great investments that can provide a 5 year payback on the average installation and then you have 15 years of cash flow with low operating costs. We see this trend picking up significantly and have positioned ourselves to take advantage of this opportunity.”
To hear full audio interview click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081508a.mp3
Featured Showcase Solar Company XsunX (OTCBB: XSNX): Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series:
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
* All interview content is based on previously disclosed public information in SEC filings and press releases.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,Source: RenewableEnergyStocks.com, XsunX
Tom Djokovich, CEO of Thin Film Solar Company, XsunX, Inc. (OTCBB: XSNX)
“We’ve designed our solar modules specifically for the electrical utilities scale market”
POINT ROBERTS, WA and DELTA, BC—August 19, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor audio interview with Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX). XsunX, Inc is a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic solar manufacturing facilities.
In the interview, Tom Djokovich, CEO of XsunX discusses the company’s business model, the thin film solar technology, recent progress, market drivers and current bids and proposals in the pipeline.
“A year ago we designed a solar module and a manufacturing system to produce it. In January we began building a manufacturing facility near Portland Oregon. To start, we will build about 25 megawatts of production capacity, which represents approximately 200,000 marketable solar panels per year, and then grow that capacity to 35 megawatts by improving our system performance and adding work shifts. We then plan to begin efforts to scale to 100 megawatts of manufacturing capacity by some time in 2010”, Tom Djokovich summarizes in describing his business model.
According to Mr. Djokovich, “Our modules are designed for the electrical utilities scale market where thousands of solar modules are used in each power field. We have started bidding projects for utilities and government agencies to install our modules. The second part of our target market is the conventional installer and integrator where we have received significant requests for purchases of our modules in 2009 and later.”
In addressing the opportunity, Mr. Djokovich notes “The electrical market is enormous. To keep up with demand, the utilities are reaching out for new power production methods that are clean and safe. Long term, these power fields are great investments that can provide a 5 year payback on the average installation and then you have 15 years of cash flow with low operating costs. We see this trend picking up significantly and have positioned ourselves to take advantage of this opportunity.”
To hear full audio interview click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081508a.mp3
Featured Showcase Solar Company XsunX (OTCBB: XSNX): Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series:
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
* All interview content is based on previously disclosed public information in SEC filings and press releases.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,Source: RenewableEnergyStocks.com, XsunX
Monday, August 18, 2008
Leaf Completes a $10 Million Investment in MaxWest Environmental Systems, Inc.
Leaf Completes a $10 Million Investment in MaxWest Environmental Systems, Inc.
HOUSTON, Aug 18, 2008 -- Leaf Clean Energy Company ("Leaf") (AIM: LEAF: ), an AIM listed company incorporated for the purpose of investing in clean energy companies and projects in North America, is pleased to announce the completion of a $10 million Series A preferred stock financing in MaxWest Environmental Systems, Inc. ("MaxWest").
MaxWest seeks to deploy proprietary waste-to-energy gasification technology using a variety of waste streams including municipal solid sludge, agricultural waste and other biomass-based material. The MaxWest gasification system represents a low cost, environmentally friendly solution that is an alternative to traditional waste disposal and provides a source of clean renewable energy. Within the wastewater treatment market, MaxWest believes it is first to market with a comprehensive, onsite, commercial-grade waste disposal system utilizing biosolids streams to produce renewable energy.
The MaxWest system is uniquely modular and scalable and has been proven commercially at five different sites throughout North America. The Company will enter into long term contracts to build, own and operate these facilities under waste disposal and/or energy supply contracts with its customers. Peter Tom, Chairman of Leaf, said: "This investment in MaxWest further balances Leaf's portfolio with unique waste-to-energy technologies and capital project opportunities. Now, with Leaf's other investments, the Leaf portfolio includes investments across a spectrum of clean energy, including waste-to-energy, biomass energy, alternative fuels, solar energy and hydroelectric."
Simon Shaw, Director of Energy & Climate Advisors, said: "With environmental concerns high on the political agenda, Leaf is enthused to be backing a company such as MaxWest that offers a real solution to how we best deal with society's waste and energy predicaments."
Dan Shapiro, Director of Energy & Climate Advisors, said: "MaxWest represents a unique entry into the emerging waste-to-energy market and provides customers with an option to lower energy costs while reducing environmental impacts associated with traditional waste disposal methods."
Richard Heien, President of MaxWest Environmental Systems, Inc., said: "MaxWest is extremely pleased to have a company the caliber of Leaf Clean Energy as a strategic investor. Leaf's commitment to MaxWest provides further confirmation of our gasification technology and its application in the biomass waste markets. This investment will allow the Company to accelerate the integration of its technology into these markets and advance the Company's mission of turning today's waste problems into tomorrow's green, renewable energy."
SOURCE: MaxWest Environmental Systems, Inc. For MaxWest Environmental Systems, Inc., HoustonThe Environmental PR GroupKelly Diedring, 813-948-6400Kelly@eprgroup.com
HOUSTON, Aug 18, 2008 -- Leaf Clean Energy Company ("Leaf") (AIM: LEAF: ), an AIM listed company incorporated for the purpose of investing in clean energy companies and projects in North America, is pleased to announce the completion of a $10 million Series A preferred stock financing in MaxWest Environmental Systems, Inc. ("MaxWest").
MaxWest seeks to deploy proprietary waste-to-energy gasification technology using a variety of waste streams including municipal solid sludge, agricultural waste and other biomass-based material. The MaxWest gasification system represents a low cost, environmentally friendly solution that is an alternative to traditional waste disposal and provides a source of clean renewable energy. Within the wastewater treatment market, MaxWest believes it is first to market with a comprehensive, onsite, commercial-grade waste disposal system utilizing biosolids streams to produce renewable energy.
The MaxWest system is uniquely modular and scalable and has been proven commercially at five different sites throughout North America. The Company will enter into long term contracts to build, own and operate these facilities under waste disposal and/or energy supply contracts with its customers. Peter Tom, Chairman of Leaf, said: "This investment in MaxWest further balances Leaf's portfolio with unique waste-to-energy technologies and capital project opportunities. Now, with Leaf's other investments, the Leaf portfolio includes investments across a spectrum of clean energy, including waste-to-energy, biomass energy, alternative fuels, solar energy and hydroelectric."
Simon Shaw, Director of Energy & Climate Advisors, said: "With environmental concerns high on the political agenda, Leaf is enthused to be backing a company such as MaxWest that offers a real solution to how we best deal with society's waste and energy predicaments."
Dan Shapiro, Director of Energy & Climate Advisors, said: "MaxWest represents a unique entry into the emerging waste-to-energy market and provides customers with an option to lower energy costs while reducing environmental impacts associated with traditional waste disposal methods."
Richard Heien, President of MaxWest Environmental Systems, Inc., said: "MaxWest is extremely pleased to have a company the caliber of Leaf Clean Energy as a strategic investor. Leaf's commitment to MaxWest provides further confirmation of our gasification technology and its application in the biomass waste markets. This investment will allow the Company to accelerate the integration of its technology into these markets and advance the Company's mission of turning today's waste problems into tomorrow's green, renewable energy."
SOURCE: MaxWest Environmental Systems, Inc. For MaxWest Environmental Systems, Inc., HoustonThe Environmental PR GroupKelly Diedring, 813-948-6400Kelly@eprgroup.com
Leaf Completes a $10 Million Investment in MaxWest Environmental Systems, Inc.
Leaf Completes a $10 Million Investment in MaxWest Environmental Systems, Inc.
HOUSTON, Aug 18, 2008 -- Leaf Clean Energy Company ("Leaf") (AIM: LEAF: ), an AIM listed company incorporated for the purpose of investing in clean energy companies and projects in North America, is pleased to announce the completion of a $10 million Series A preferred stock financing in MaxWest Environmental Systems, Inc. ("MaxWest").
MaxWest seeks to deploy proprietary waste-to-energy gasification technology using a variety of waste streams including municipal solid sludge, agricultural waste and other biomass-based material. The MaxWest gasification system represents a low cost, environmentally friendly solution that is an alternative to traditional waste disposal and provides a source of clean renewable energy. Within the wastewater treatment market, MaxWest believes it is first to market with a comprehensive, onsite, commercial-grade waste disposal system utilizing biosolids streams to produce renewable energy.
The MaxWest system is uniquely modular and scalable and has been proven commercially at five different sites throughout North America. The Company will enter into long term contracts to build, own and operate these facilities under waste disposal and/or energy supply contracts with its customers. Peter Tom, Chairman of Leaf, said: "This investment in MaxWest further balances Leaf's portfolio with unique waste-to-energy technologies and capital project opportunities. Now, with Leaf's other investments, the Leaf portfolio includes investments across a spectrum of clean energy, including waste-to-energy, biomass energy, alternative fuels, solar energy and hydroelectric."
Simon Shaw, Director of Energy & Climate Advisors, said: "With environmental concerns high on the political agenda, Leaf is enthused to be backing a company such as MaxWest that offers a real solution to how we best deal with society's waste and energy predicaments."
Dan Shapiro, Director of Energy & Climate Advisors, said: "MaxWest represents a unique entry into the emerging waste-to-energy market and provides customers with an option to lower energy costs while reducing environmental impacts associated with traditional waste disposal methods."
Richard Heien, President of MaxWest Environmental Systems, Inc., said: "MaxWest is extremely pleased to have a company the caliber of Leaf Clean Energy as a strategic investor. Leaf's commitment to MaxWest provides further confirmation of our gasification technology and its application in the biomass waste markets. This investment will allow the Company to accelerate the integration of its technology into these markets and advance the Company's mission of turning today's waste problems into tomorrow's green, renewable energy."
SOURCE: MaxWest Environmental Systems, Inc. For MaxWest Environmental Systems, Inc., HoustonThe Environmental PR GroupKelly Diedring, 813-948-6400Kelly@eprgroup.com
HOUSTON, Aug 18, 2008 -- Leaf Clean Energy Company ("Leaf") (AIM: LEAF: ), an AIM listed company incorporated for the purpose of investing in clean energy companies and projects in North America, is pleased to announce the completion of a $10 million Series A preferred stock financing in MaxWest Environmental Systems, Inc. ("MaxWest").
MaxWest seeks to deploy proprietary waste-to-energy gasification technology using a variety of waste streams including municipal solid sludge, agricultural waste and other biomass-based material. The MaxWest gasification system represents a low cost, environmentally friendly solution that is an alternative to traditional waste disposal and provides a source of clean renewable energy. Within the wastewater treatment market, MaxWest believes it is first to market with a comprehensive, onsite, commercial-grade waste disposal system utilizing biosolids streams to produce renewable energy.
The MaxWest system is uniquely modular and scalable and has been proven commercially at five different sites throughout North America. The Company will enter into long term contracts to build, own and operate these facilities under waste disposal and/or energy supply contracts with its customers. Peter Tom, Chairman of Leaf, said: "This investment in MaxWest further balances Leaf's portfolio with unique waste-to-energy technologies and capital project opportunities. Now, with Leaf's other investments, the Leaf portfolio includes investments across a spectrum of clean energy, including waste-to-energy, biomass energy, alternative fuels, solar energy and hydroelectric."
Simon Shaw, Director of Energy & Climate Advisors, said: "With environmental concerns high on the political agenda, Leaf is enthused to be backing a company such as MaxWest that offers a real solution to how we best deal with society's waste and energy predicaments."
Dan Shapiro, Director of Energy & Climate Advisors, said: "MaxWest represents a unique entry into the emerging waste-to-energy market and provides customers with an option to lower energy costs while reducing environmental impacts associated with traditional waste disposal methods."
Richard Heien, President of MaxWest Environmental Systems, Inc., said: "MaxWest is extremely pleased to have a company the caliber of Leaf Clean Energy as a strategic investor. Leaf's commitment to MaxWest provides further confirmation of our gasification technology and its application in the biomass waste markets. This investment will allow the Company to accelerate the integration of its technology into these markets and advance the Company's mission of turning today's waste problems into tomorrow's green, renewable energy."
SOURCE: MaxWest Environmental Systems, Inc. For MaxWest Environmental Systems, Inc., HoustonThe Environmental PR GroupKelly Diedring, 813-948-6400Kelly@eprgroup.com
Renewable Energy Stocks Green Investor Podcast, with CEO of Industrial Biotechnology Corporation, Focusing on Brazilian Sugarcane Ethanol
Renewable Energy Stocks Green Investor Podcast, with CEO of Industrial Biotechnology Corporation, Focusing on Brazilian Sugarcane Based Ethanol Chemicals and Fuels
“A strong demand and interest for renewable packaging solutions”
POINT ROBERTS, WA and DELTA, BC August 18, 2008 www.Renewableenergystocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor podcast with Andy Badolato, CEO of Industrial Biotechnology Corporation (OTCPK: IBOT).
Industrial Biotechnology Corporation (OTCPK: IBOT), utilizes sugarcane ethanol for energy solutions and environmentally friendly chemicals for consumer packaging, energy, agricultural, pesticides, materials and polymer industries.
Mr. Badolato discusses the Company's two operating subsidiaries, Renewable Chemicals Corporation that utilizes sugarcane feedstock as an alternative to petroleum based chemicals and
Renewable Fuels of America Inc., an importer and distributor of Brazilian sugarcane ethanol to targeted coastal areas.
According to Mr. Badolato, “The company’s current business models root were developing commercial biological technologies and solutions for the chemical industry. In the marketplace we became aware of the growing trends towards sustainable eco-efficient solutions using renewable resources. We saw a real need and opportunity for the next wave, after the use of ethanol as an alternative fuels, for bio-renewable chemicals. There is a strong demand and interest for renewable packaging solutions. Wal-Mart (Market, News) for example, has initiated and pioneered a very strong sustainability initiative that focuses on reducing packaging and adherence to sustainable practices.”
In elaborating on his current partners, “We went about developing partners and providers in the supply chain to deliver bio-renewable chemicals. We met Cosan SA (Market, News) approximately a year ago. Cosan is the world’s largest processor of sugarcane ethanol, which happens to be 7-8 times more efficient than corn feedstock, has significantly less carbon impact, and is not a competing food source”
Updating Renewable Fuels of America Inc., Mr. Badolato notes, “We anticipate revenues shortly and are in process of negotiating final agreements. We have identified distributors, storage facilities, and of course have supply in place with Cosan. “
To hear full audio click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
About Industrial Biotechnology Corporation (OTCPK: IBOT): Industrial Biotechnology Corporation provides products, services and technologies using renewable resources as an alternative to petroleum. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels. IBC will provide these cost competitive, environmentally responsible solutions via its operating subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of America Corporation (RFAC).
For more information on Industrial Biotechnology Corporation visit the Investorideas.com showcase at: http://www.investorideas.com/CO/IBOT/Default.asp and the company’s website at: http://www.industrialbiotechnology.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series:
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Industrial Biotechnology Corporation: $5000 per month for green investor showcase program #1. Additional compensation - 150,000 144 shares over 12 month period issued quarterly.
www.InvestorIdeas.com/About/Disclaimer.asp
Investor Info and Regulation for Pinks Sheets: http://www.pinksheets.com/pink/otcguide/investors_protection.jsp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Industrial Biotechnology Corporation
“A strong demand and interest for renewable packaging solutions”
POINT ROBERTS, WA and DELTA, BC August 18, 2008 www.Renewableenergystocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor podcast with Andy Badolato, CEO of Industrial Biotechnology Corporation (OTCPK: IBOT).
Industrial Biotechnology Corporation (OTCPK: IBOT), utilizes sugarcane ethanol for energy solutions and environmentally friendly chemicals for consumer packaging, energy, agricultural, pesticides, materials and polymer industries.
Mr. Badolato discusses the Company's two operating subsidiaries, Renewable Chemicals Corporation that utilizes sugarcane feedstock as an alternative to petroleum based chemicals and
Renewable Fuels of America Inc., an importer and distributor of Brazilian sugarcane ethanol to targeted coastal areas.
According to Mr. Badolato, “The company’s current business models root were developing commercial biological technologies and solutions for the chemical industry. In the marketplace we became aware of the growing trends towards sustainable eco-efficient solutions using renewable resources. We saw a real need and opportunity for the next wave, after the use of ethanol as an alternative fuels, for bio-renewable chemicals. There is a strong demand and interest for renewable packaging solutions. Wal-Mart (Market, News) for example, has initiated and pioneered a very strong sustainability initiative that focuses on reducing packaging and adherence to sustainable practices.”
In elaborating on his current partners, “We went about developing partners and providers in the supply chain to deliver bio-renewable chemicals. We met Cosan SA (Market, News) approximately a year ago. Cosan is the world’s largest processor of sugarcane ethanol, which happens to be 7-8 times more efficient than corn feedstock, has significantly less carbon impact, and is not a competing food source”
Updating Renewable Fuels of America Inc., Mr. Badolato notes, “We anticipate revenues shortly and are in process of negotiating final agreements. We have identified distributors, storage facilities, and of course have supply in place with Cosan. “
To hear full audio click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
About Industrial Biotechnology Corporation (OTCPK: IBOT): Industrial Biotechnology Corporation provides products, services and technologies using renewable resources as an alternative to petroleum. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels. IBC will provide these cost competitive, environmentally responsible solutions via its operating subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of America Corporation (RFAC).
For more information on Industrial Biotechnology Corporation visit the Investorideas.com showcase at: http://www.investorideas.com/CO/IBOT/Default.asp and the company’s website at: http://www.industrialbiotechnology.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series:
http://www.investorideas.com/gi/
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Industrial Biotechnology Corporation: $5000 per month for green investor showcase program #1. Additional compensation - 150,000 144 shares over 12 month period issued quarterly.
www.InvestorIdeas.com/About/Disclaimer.asp
Investor Info and Regulation for Pinks Sheets: http://www.pinksheets.com/pink/otcguide/investors_protection.jsp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, Industrial Biotechnology Corporation
Friday, August 15, 2008
Investorideas.com Water Stocks Podcast; Neil Berlant Updates Performance of the PFW Water Fund (PFWAX) and opportunities within the Water Industry
Investorideas.com Water Stocks Podcast; Neil Berlant Updates Performance of the PFW Water Fund (PFWAX) and opportunities within the Water Industry
Water Stocks Sector Dominated by Individual Investors, Not Institutions
POINT ROBERTS, WA and DELTA, BC –August 15, 2008 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents an” investing in water” podcast with Neil Berlant, Fund Manager of the PFW Water Fund updating the performance of the PFW Water Fund and the growth in the water sector.
According to Neil Berlant , “The PFW Water Fund is considerably out-performing both its peers in the industry and the general stock market. The industry as an investment arena is getting a great deal more attention.”
Mr. Berlant expounds on the problems and opportunities in the water industry and how this comes together as the largest business area we have in our life.
To listen to the interview http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408b.mp3
To hear previous audios from Neil Berlant and other water experts: http://www.investorideas.com/ws/
Investing in Water Podcast RSS Feed: http://www.investorideas.com/Podcasts/water.xml
About Neil Berlant:
Fund Manager of the PFW Water Fund - PFW Water A (PFWAX)
Since 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and is a frequent water expert on CNBC.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For More Information Contact:
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com
Source: Water-Stocks.com
Thursday, August 14, 2008
Mantra Venture Group Enters into LOI with China Based Manufacturer of Outdoor Solar Lights, LED Lights, Solar Power Home Generation Systems, Wind & So
Mantra Venture Group Enters into LOI with China Based Manufacturer of Outdoor Solar Lights, LED Lights, Solar Power Home Generation Systems, Wind & Solar Hybrid Power Systems
Mantra China Ltd. Enters into Agreement with E.S.D. Environmental
Protection and Technology Co., Ltd.
OTCBB: MVTG FRANKFURT: 5MV
SEATTLE, Aug. 14 - Mantra Venture Group Ltd. (OTCBB: MVTG - FSE: 5MV) is pleased to announce that it has entered into a Letter of Intent to enter into Exclusive Distribution Agreement with E.S.D. Environmental Protection and Technology Co., Ltd. ("E.S.D.") of the Peoples Republic of China. The Exclusive Distribution Agreement will allow Mantra to bring a number of innovative new products into the North American marketplace. These products are of interest to Mantra because they will contribute to a cleaner, greener world and to the reduction of carbon dioxide from day-to-day human activities.
E.S.D.(website: http://www.donghailongcn.com) is located in Dongguan, Guangdong, mainland China, approximately a 1.5 hour drive from Hong Kong. E.S.D. has over 800 employees, including a team of highly qualified engineers and photovoltaic experts. They are one of the leading supplies of solar products and stay on the cutting edge of designing and manufacturing renewable solar energy products. E.S.D. develops and manufactures innovative outdoor solar lights, LED lights, solar power home generation systems, wind and solar hybrid power systems, solar charge controllers and other related products. These products cover over 50 product lines with more than 200 products. These products generate annual revenues of approximately US $30 million.
The Letter of Intent is entered into with Mantra China Ltd., a subsidiary of Mantra.
Mr. Dan Funaro, a member of Mantra's Corporate Advisory Board has traveled to China a number of times to establish the relationship and to explore how Mantra will work with its partner. "This is not about specific products, it is about creating a two-way communication channel about green, sustainable, renewable products that will benefit both parties over the years", he said.
Mantra China will selectively import chosen products which it sees as value to the North American market and will ensure that they are reviewed, tested and approved for use in North America. These products will then be launched, and subsequently driven to achieve their niche in the marketplace. In addition, Mantra China will represent the various other Mantra subsidiaries in taking their new "green" technologies generated by Mantra in North America, into China.
Larry Kristof, Mantra's C.E.O., commented "in making this agreement with E.S.D. we have become aware of the remarkable resources that exists in this company and in China generally. We intend to mine the innovative technologies being developed there and to ensure their exposure to the wider world. This is true two-way trade, and it supports the Mantra vision: sustainable, renewable and profitable."
More info on the Mantra's China subsidiary, as well as updates on all other projects within Mantra's portfolio, can be heard in a recent audio interview. Investorideas.com interviews C.E.O. Larry Kristof, with added insight provided by Fred Enga of Northwind Ethanol. Audio: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081208a.mp3
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV. For more information please visit us at www.mantraenergy.com.
Mantra is encouraging and enabling investors to make environmental consumer choices with a free environmental bag. Sign up here: http://www.mantraenergy.com/tools-and-utilities/free-bag.html
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Profitability Through Sustainability
Mantra Venture Group Ltd. is a featured Company on Investorideas.com Green portals, China portal.
For full details, click here: http://www.renewableenergystocks.com/CO/MVTG/Default.asp
Contact:
Terry Johnston,
Investor Relations,
Phone: (604) 267-3022,
Email: tjohnston@mantraenergy.com,
Website: http://www.mantraenergy.com
Source: Mantra Venture Group Ltd.
Mantra China Ltd. Enters into Agreement with E.S.D. Environmental
Protection and Technology Co., Ltd.
OTCBB: MVTG FRANKFURT: 5MV
SEATTLE, Aug. 14 - Mantra Venture Group Ltd. (OTCBB: MVTG - FSE: 5MV) is pleased to announce that it has entered into a Letter of Intent to enter into Exclusive Distribution Agreement with E.S.D. Environmental Protection and Technology Co., Ltd. ("E.S.D.") of the Peoples Republic of China. The Exclusive Distribution Agreement will allow Mantra to bring a number of innovative new products into the North American marketplace. These products are of interest to Mantra because they will contribute to a cleaner, greener world and to the reduction of carbon dioxide from day-to-day human activities.
E.S.D.(website: http://www.donghailongcn.com) is located in Dongguan, Guangdong, mainland China, approximately a 1.5 hour drive from Hong Kong. E.S.D. has over 800 employees, including a team of highly qualified engineers and photovoltaic experts. They are one of the leading supplies of solar products and stay on the cutting edge of designing and manufacturing renewable solar energy products. E.S.D. develops and manufactures innovative outdoor solar lights, LED lights, solar power home generation systems, wind and solar hybrid power systems, solar charge controllers and other related products. These products cover over 50 product lines with more than 200 products. These products generate annual revenues of approximately US $30 million.
The Letter of Intent is entered into with Mantra China Ltd., a subsidiary of Mantra.
Mr. Dan Funaro, a member of Mantra's Corporate Advisory Board has traveled to China a number of times to establish the relationship and to explore how Mantra will work with its partner. "This is not about specific products, it is about creating a two-way communication channel about green, sustainable, renewable products that will benefit both parties over the years", he said.
Mantra China will selectively import chosen products which it sees as value to the North American market and will ensure that they are reviewed, tested and approved for use in North America. These products will then be launched, and subsequently driven to achieve their niche in the marketplace. In addition, Mantra China will represent the various other Mantra subsidiaries in taking their new "green" technologies generated by Mantra in North America, into China.
Larry Kristof, Mantra's C.E.O., commented "in making this agreement with E.S.D. we have become aware of the remarkable resources that exists in this company and in China generally. We intend to mine the innovative technologies being developed there and to ensure their exposure to the wider world. This is true two-way trade, and it supports the Mantra vision: sustainable, renewable and profitable."
More info on the Mantra's China subsidiary, as well as updates on all other projects within Mantra's portfolio, can be heard in a recent audio interview. Investorideas.com interviews C.E.O. Larry Kristof, with added insight provided by Fred Enga of Northwind Ethanol. Audio: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081208a.mp3
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV. For more information please visit us at www.mantraenergy.com.
Mantra is encouraging and enabling investors to make environmental consumer choices with a free environmental bag. Sign up here: http://www.mantraenergy.com/tools-and-utilities/free-bag.html
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Profitability Through Sustainability
Mantra Venture Group Ltd. is a featured Company on Investorideas.com Green portals, China portal.
For full details, click here: http://www.renewableenergystocks.com/CO/MVTG/Default.asp
Contact:
Terry Johnston,
Investor Relations,
Phone: (604) 267-3022,
Email: tjohnston@mantraenergy.com,
Website: http://www.mantraenergy.com
Source: Mantra Venture Group Ltd.
Tuesday, August 12, 2008
Investorideas.com Greentech Newsfeeds is Fastest Growing News Feed on site; Wind Stock News, Solar News, Biofuel News, Green Building News
Investorideas.com Greentech Newsfeeds is Fastest Growing News Feed on site; Wind Stock News, Solar News, Biofuel News, Green Building News
Global Green Marketplace- Matching Business and Investors leads as fastest growing segment of Marketplace
POINT ROBERTS, WA and DELTA, BC –August 12, 2008 -www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com reports the fast growing news feed on its site is the Renewable energy greentech news feed, currently passing the Investorideas.com newswire in terms of site traffic and traction. Additionally, the Global Green Marketplace that provides a service for investors and businesses in the sector is the fastest growing segment in the Marketplace.
InvestorIdeas.com was one of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
“We are seeing first hand that renewable and greentech investment interest is a strong long term trend that will around for years to come “, states founder Dawn Van Zant.
Renewable Energy/Greentech News Feed RSS- Investors can subscribe to receive news on wind, solar, biofuel, green auto, green buildings and more:
http://www.investorideas.com/RSS/feeds/RES.xml
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. View Marketplace: http://www.investorideas.com/marketplace/
Investorideas.com Green Investor Audio Series:
Follow well- known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, in a series of audio interviews/Podcasts with some of the leading CEO's, investment banking and financial leaders in the sector. Read energy writer Paulo Nery's new Green Investor column and gain insight into the sector. Additional Podcasts and articles from Investorideas.com and Renewableenergystocks.com provide investor ideas for investing green and making green!
http://www.investorideas.com/gi/
More green content –
Driving Green Podcast
Green IPO Watch
Green & Renewable Business Marketplace
Solar Energy Perspectives with J. Peter Lynch
The New Power Fund with Sam Jones
Clean Energy Blog
Renewable Energy Blog
Greentech Investor
Greentech Investor Stock Message Boards:
Public Companies and Private Companies:
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites! Submit News
Investorideas.com Green Investor Awareness: Green Company Showcase
Green and Renewable Companies can gain exposure in the sector by becoming a featured green showcase company. http://www.investorideas.com/About/company_showcase.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Cali Van Zant 800.665.0411
Email: cvanzant@investorideas.com
Global Green Marketplace- Matching Business and Investors leads as fastest growing segment of Marketplace
POINT ROBERTS, WA and DELTA, BC –August 12, 2008 -www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com reports the fast growing news feed on its site is the Renewable energy greentech news feed, currently passing the Investorideas.com newswire in terms of site traffic and traction. Additionally, the Global Green Marketplace that provides a service for investors and businesses in the sector is the fastest growing segment in the Marketplace.
InvestorIdeas.com was one of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.
“We are seeing first hand that renewable and greentech investment interest is a strong long term trend that will around for years to come “, states founder Dawn Van Zant.
Renewable Energy/Greentech News Feed RSS- Investors can subscribe to receive news on wind, solar, biofuel, green auto, green buildings and more:
http://www.investorideas.com/RSS/feeds/RES.xml
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. View Marketplace: http://www.investorideas.com/marketplace/
Investorideas.com Green Investor Audio Series:
Follow well- known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, in a series of audio interviews/Podcasts with some of the leading CEO's, investment banking and financial leaders in the sector. Read energy writer Paulo Nery's new Green Investor column and gain insight into the sector. Additional Podcasts and articles from Investorideas.com and Renewableenergystocks.com provide investor ideas for investing green and making green!
http://www.investorideas.com/gi/
More green content –
Driving Green Podcast
Green IPO Watch
Green & Renewable Business Marketplace
Solar Energy Perspectives with J. Peter Lynch
The New Power Fund with Sam Jones
Clean Energy Blog
Renewable Energy Blog
Greentech Investor
Greentech Investor Stock Message Boards:
Public Companies and Private Companies:
Publish Your Green and Environment News
Your news is featured on Investorideas.com Newswire, Renewable RSS Feeds, Environment Stocks.com, and Greentechinvestor.com & Renewablenergystocks.com
In addition – our Investorideas.com news feeds and Renewable News feeds are distributed on multiple business and industry sites! Submit News
Investorideas.com Green Investor Awareness: Green Company Showcase
Green and Renewable Companies can gain exposure in the sector by becoming a featured green showcase company. http://www.investorideas.com/About/company_showcase.asp
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Cali Van Zant 800.665.0411
Email: cvanzant@investorideas.com
Clear Skies Solar Awarded Contract in Larissa, Greece Valued at Approximately US $1 Million
Clear Skies Solar Awarded Contract in Larissa, Greece Valued at Approximately US $1 Million
International Expansion Begins With Initial 150kW Contract
NEW YORK - Clear Skies Solar, Inc. (OTCBB: CSKH), a leading developer and provider of solar power solutions, today announced the awarding of a 150kW solar contract through its newly established partnership in Greece with Larissa-based, Aspen Energy. This project is valued at approximately US $1 million.
“The key in any good clean energy relationship is having local knowledge and combining that with technical expertise and efficiency; that’s exactly the type of partnership Clear Skies and Aspen Energy are bringing to the Greek solar industry,” said Clear Skies Solar Chairman and CEO, Ezra Green. “There’s no question, Greece is one of the most progressive ‘solar-minded’ countries today. Their current environment of available grants and favorable feed-in tariffs, presented a great opportunity for Clear Skies. We fully expect that this 150kW contract will be the first of many great solar energy opportunities in the region.”
This contract covers a 150kW project which will consist of a ground mounted system covering approximately 1-acre and is expected to generate approximately 180,000 kW hours of electricity per year. It will prevent 176,000 pounds of carbon dioxide emissions per year and, with financing pre-arranged, the anticipated start date is early October pending final permitting.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients domestically and internationally. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
For Clear Skies Solar, Inc.
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Solar, Inc.
International Expansion Begins With Initial 150kW Contract
NEW YORK - Clear Skies Solar, Inc. (OTCBB: CSKH), a leading developer and provider of solar power solutions, today announced the awarding of a 150kW solar contract through its newly established partnership in Greece with Larissa-based, Aspen Energy. This project is valued at approximately US $1 million.
“The key in any good clean energy relationship is having local knowledge and combining that with technical expertise and efficiency; that’s exactly the type of partnership Clear Skies and Aspen Energy are bringing to the Greek solar industry,” said Clear Skies Solar Chairman and CEO, Ezra Green. “There’s no question, Greece is one of the most progressive ‘solar-minded’ countries today. Their current environment of available grants and favorable feed-in tariffs, presented a great opportunity for Clear Skies. We fully expect that this 150kW contract will be the first of many great solar energy opportunities in the region.”
This contract covers a 150kW project which will consist of a ground mounted system covering approximately 1-acre and is expected to generate approximately 180,000 kW hours of electricity per year. It will prevent 176,000 pounds of carbon dioxide emissions per year and, with financing pre-arranged, the anticipated start date is early October pending final permitting.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial, and agricultural clients domestically and internationally. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
Forward-Looking Statement Disclaimer
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Clear Skies Holdings, Inc. is a featured Company on Investorideas.com Green portals.
For full details, click here: http://www.renewableenergystocks.com/CO/CSG/Default.asp
Contact:
For Clear Skies Solar, Inc.
Media Inquiries:
Laura Finlayson, 201-488-0049
laura@avalanchepr.com
or
PR Financial Marketing
Investor Relations:
Jim Blackman, 713-256-0369
jim@prfmonline.com
Source: Clear Skies Solar, Inc.
LDK Solar Reports Financial Results for the Second Quarter 2008-Net sales for the second quarter of fiscal 2008 were $441.7 million, up 89.2% from $
XINYU CITY, China and SUNNYVALE, Calif., Aug. 11 /2008 -- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of solar wafers, today reported its unaudited financial results for the second quarter ended June 30, 2008.
All financial results are reported in U.S. dollars on a U.S. GAAP basis.
Second Quarter 2008 Financial Highlights: -- Revenue of $441.7 million, up 89.2% quarter-over-quarter; -- Annualized wafer production capacity reached 880 MW by end of June; -- Signed nine long-term wafer supply agreements year-to-date; -- Total wafer shipments increased 60.8% to 191.7 MW during the quarter; and -- Gross profit margin for the quarter was 25.4%.
Net sales for the second quarter of fiscal 2008 were $441.7 million, up 89.2% from $233.4 million for the first quarter of fiscal 2008, and up 345.9% year-over-year from $99.1 million for the second quarter of fiscal 2007.
Gross profit for the second quarter of fiscal 2008 was $112.3 million, up 73.9% from $64.6 million for the first quarter of fiscal 2008, and up 221.8% year-over-year from $34.9 million for the second quarter of fiscal 2007. Gross profit margin for the second quarter of fiscal 2008 was 25.4% compared with 27.7% in the first quarter of fiscal 2008 and 35.2% in the second quarter of fiscal 2007. Operating profit for the second quarter of fiscal 2008 was $100.3 million, up 90.9% from $52.5 million for the first quarter of fiscal 2008, and up 225.4% year-over-year from $30.8 million for the second quarter of fiscal 2007. Operating profit margin for the second quarter of fiscal 2008 was 22.7% compared with 22.5% in the first quarter of fiscal 2008 and 31.1% in the second quarter of fiscal 2007.
Income tax expense for the second quarter of fiscal 2008 was $13.3 million. One of our operating subsidiaries in the PRC, after the first two years of exemptions, is now subject to the tax rate of 12.5% under the PRC Enterprise Income Tax Law that became effective on January 1, 2008.
Net income for the second quarter of fiscal 2008 was $149.5 million, or $1.29 per diluted ADS, compared to net income of $49.8 million, or $0.45 per diluted ADS for the first quarter of fiscal 2008.
LDK Solar ended the second quarter of fiscal 2008 with $83.7 million in cash and cash equivalents and with $261.9 million in pledged bank deposits.
"We experienced substantial revenue growth during the second quarter as our wafer capacity expansion exceeded our expectations," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "We were also pleased to introduce our first Nova wafers using Upgraded Metallurgical Silicon (UMG), which began shipping to certain customers, ahead of schedule during the quarter. Customer demand remains strong and we have signed nine long-term wafer supply agreements year-to-date, further diversifying our customer base. In response to our sales backlog, we are again raising our target annualized capacity to 1.2 GW by the end of 2008, 2.2 GW by the end of 2009 and 3.2 GW by the end of 2010."
"We are pleased with our continued success of executing our growth strategies. In addition to our wafer capacity expansion, tremendous progress has been made to date on the construction of our polysilicon plants and the project remains on schedule," concluded Mr. Peng.
Business Outlook
The following statements are based upon management's current expectations. These statements are forward-looking in nature, and the actual results may differ materially. You should read the "Safe Harbor Statement" below with respect to the risks and uncertainties relating to these forward-looking statements.
For the third quarter of fiscal 2008, LDK Solar estimates its revenue to be in the range of $486 million to $496 million with wafer shipments between 210 MW to 220 MW. LDK Solar also updated its outlook for the full year of fiscal 2008. For the full year of fiscal 2008, LDK Solar currently estimates:
-- Revenue to be in the range of $1.65 billion to $1.75 billion; -- Wafer shipments in the range of 750 MW to 770 MW; -- Gross margin in the range of 23% to 28%; and -- Annualized wafer production capacity to be 1.2 GW by the end of 2008.
Conference Call Details
The LDK Solar Second Quarter 2008 teleconference and webcast is scheduled to begin at 5:00 p.m. Eastern Time (ET), on Monday, August 11, 2008. To listen to the live conference call, please dial 800-366-3908 (within U.S.) or 303-205-0033 (outside U.S.) at 4:50 p.m. ET on August 11, 2008. An audio replay of the call will be available to investors through August 14, 2008, by dialing 800-405-2236 (within U.S.) or 303-590-3000 (outside U.S.) and entering the passcode 11117794#.
LDK Solar Co., Ltd. Unaudited Condensed Consolidated Balance Sheet Information (In US$'000, except share and per share data)
6/30/2008 3/31/2008 Assets Current assets Cash and cash equivalents 83,742 93,705 Pledged bank deposits 261,934 142,086 Trade accounts receivable, net 34,964 8,905 Inventories, net 656,202 519,594 Prepayments to suppliers 253,806 206,330 Other current assets 48,830 39,187 Deferred income tax assets 1,307 658 Total current assets 1,340,785 1,010,465 Property, plant and equipment, net 705,784 501,078 Deposit for property, plant and equipments 222,400 200,725 Intangible asset, net 1,103 1,109 Land use rights 78,946 64,612 Inventories to be processed beyond one year, net 10,529 21,401 Prepayments to suppliers to be utilized beyond one year 20,538 20,534 Pledged bank deposits - non-current 33,444 30,020 Convertible senior notes issuance costs 10,530 - Other financial assets 3,196 2,794 Deferred income tax assets 596 368 Total assets 2,427,851 1,853,106
Liabilities and shareholders' equity Current liabilities Short-term bank borrowings 375,634 313,933 Trade accounts payable 67,003 37,465 Advance payments from customers 242,962 231,089 Accrued expenses and other payables 166,994 137,525 Income tax payable 5,293 4,466 Other financial liabilities 6,213 7,577 Total current liabilities 864,099 732,055 Long-term bank borrowings, excluding current portions 99,158 37,795 Convertible senior notes 400,000 - Advance payments from customers - non-current 364,706 301,313 Other liabilities 2,252 2,164 Total liabilities 1,730,215 1,073,327 Shareholders' equity
Ordinary shares: US$0.10 par value; 499,580,000 shares authorized; 106,478,033 shares issued and outstanding as of June 30, 2008 and March 31, 2008 10,648 10,648 Additional paid-in capital 238,555 494,358 Statutory reserve 18,697 18,697 Accumulated other comprehensive income 84,340 60,214 Retained earnings 345,396 195,862 Total shareholders' equity 697,636 779,779
Total liabilities and shareholders' equity 2,427,851 1,853,106
LDK Solar Co., Ltd. Unaudited Condensed Consolidated Income Statement Information (In US$'000, except per ADS data)
For the 3 Months Ended 6/30/2008 3/31/2008
Net sales 441,665 233,399
Cost of goods sold (329,372) (168,831) Gross profit 112,293 64,568 Selling expenses (599) (481) General and administrative expenses (10,956) (11,185) Research and development expenses (437) (371) Total operating expenses (11,992) (12,037) Income from operations 100,301 52,531 Other income/(expenses): Interest income 1,698 1,326 Interest expense (10,197) (5,254) Foreign currency exchange gain, net 5,823 5,339 Government subsidy 4,347 4,521 Change in fair value of prepaid forward contracts 60,028 - Others 856 (126) Income before income tax 162,856 58,337 Income tax (expenses)/benefit (13,322) (8,511) Net income available to ordinary shareholders 149,534 49,826
Net income per ADS, Diluted $1.29 $0.45
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of solar wafers, which are the principal raw material used to produce solar cells. LDK Solar sells wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, LDK Solar provides wafer processing services to solar cell and module manufacturers. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. Its office in the United States is located in Sunnyvale, California.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, LDK Solar's ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of its securities; its ability to operate as a public company; the period of time for which its current liquidity will enable it to fund its operations; its ability to protect its proprietary information; general economic and business conditions; the volatility of its operating results and financial condition; its ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in LDK Solar's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about LDK Solar and the industry. These statements are based upon information available to LDK Solar's management as of the date hereof. Actual results may differ materially from the anticipated results because of certain risks and uncertainties. This press release also contains forward looking statements about the progress of LDK Solar's construction of its polysilicon plant. These statements are based on information available to its management today. Actual results may differ, including various factors which may delay or disrupt the plant's construction and completion, including, poor weather, the risk of labor difficulties, construction difficulties or financing difficulties.
LDK Solar undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although LDK Solar believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
All financial results are reported in U.S. dollars on a U.S. GAAP basis.
Second Quarter 2008 Financial Highlights: -- Revenue of $441.7 million, up 89.2% quarter-over-quarter; -- Annualized wafer production capacity reached 880 MW by end of June; -- Signed nine long-term wafer supply agreements year-to-date; -- Total wafer shipments increased 60.8% to 191.7 MW during the quarter; and -- Gross profit margin for the quarter was 25.4%.
Net sales for the second quarter of fiscal 2008 were $441.7 million, up 89.2% from $233.4 million for the first quarter of fiscal 2008, and up 345.9% year-over-year from $99.1 million for the second quarter of fiscal 2007.
Gross profit for the second quarter of fiscal 2008 was $112.3 million, up 73.9% from $64.6 million for the first quarter of fiscal 2008, and up 221.8% year-over-year from $34.9 million for the second quarter of fiscal 2007. Gross profit margin for the second quarter of fiscal 2008 was 25.4% compared with 27.7% in the first quarter of fiscal 2008 and 35.2% in the second quarter of fiscal 2007. Operating profit for the second quarter of fiscal 2008 was $100.3 million, up 90.9% from $52.5 million for the first quarter of fiscal 2008, and up 225.4% year-over-year from $30.8 million for the second quarter of fiscal 2007. Operating profit margin for the second quarter of fiscal 2008 was 22.7% compared with 22.5% in the first quarter of fiscal 2008 and 31.1% in the second quarter of fiscal 2007.
Income tax expense for the second quarter of fiscal 2008 was $13.3 million. One of our operating subsidiaries in the PRC, after the first two years of exemptions, is now subject to the tax rate of 12.5% under the PRC Enterprise Income Tax Law that became effective on January 1, 2008.
Net income for the second quarter of fiscal 2008 was $149.5 million, or $1.29 per diluted ADS, compared to net income of $49.8 million, or $0.45 per diluted ADS for the first quarter of fiscal 2008.
LDK Solar ended the second quarter of fiscal 2008 with $83.7 million in cash and cash equivalents and with $261.9 million in pledged bank deposits.
"We experienced substantial revenue growth during the second quarter as our wafer capacity expansion exceeded our expectations," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "We were also pleased to introduce our first Nova wafers using Upgraded Metallurgical Silicon (UMG), which began shipping to certain customers, ahead of schedule during the quarter. Customer demand remains strong and we have signed nine long-term wafer supply agreements year-to-date, further diversifying our customer base. In response to our sales backlog, we are again raising our target annualized capacity to 1.2 GW by the end of 2008, 2.2 GW by the end of 2009 and 3.2 GW by the end of 2010."
"We are pleased with our continued success of executing our growth strategies. In addition to our wafer capacity expansion, tremendous progress has been made to date on the construction of our polysilicon plants and the project remains on schedule," concluded Mr. Peng.
Business Outlook
The following statements are based upon management's current expectations. These statements are forward-looking in nature, and the actual results may differ materially. You should read the "Safe Harbor Statement" below with respect to the risks and uncertainties relating to these forward-looking statements.
For the third quarter of fiscal 2008, LDK Solar estimates its revenue to be in the range of $486 million to $496 million with wafer shipments between 210 MW to 220 MW. LDK Solar also updated its outlook for the full year of fiscal 2008. For the full year of fiscal 2008, LDK Solar currently estimates:
-- Revenue to be in the range of $1.65 billion to $1.75 billion; -- Wafer shipments in the range of 750 MW to 770 MW; -- Gross margin in the range of 23% to 28%; and -- Annualized wafer production capacity to be 1.2 GW by the end of 2008.
Conference Call Details
The LDK Solar Second Quarter 2008 teleconference and webcast is scheduled to begin at 5:00 p.m. Eastern Time (ET), on Monday, August 11, 2008. To listen to the live conference call, please dial 800-366-3908 (within U.S.) or 303-205-0033 (outside U.S.) at 4:50 p.m. ET on August 11, 2008. An audio replay of the call will be available to investors through August 14, 2008, by dialing 800-405-2236 (within U.S.) or 303-590-3000 (outside U.S.) and entering the passcode 11117794#.
LDK Solar Co., Ltd. Unaudited Condensed Consolidated Balance Sheet Information (In US$'000, except share and per share data)
6/30/2008 3/31/2008 Assets Current assets Cash and cash equivalents 83,742 93,705 Pledged bank deposits 261,934 142,086 Trade accounts receivable, net 34,964 8,905 Inventories, net 656,202 519,594 Prepayments to suppliers 253,806 206,330 Other current assets 48,830 39,187 Deferred income tax assets 1,307 658 Total current assets 1,340,785 1,010,465 Property, plant and equipment, net 705,784 501,078 Deposit for property, plant and equipments 222,400 200,725 Intangible asset, net 1,103 1,109 Land use rights 78,946 64,612 Inventories to be processed beyond one year, net 10,529 21,401 Prepayments to suppliers to be utilized beyond one year 20,538 20,534 Pledged bank deposits - non-current 33,444 30,020 Convertible senior notes issuance costs 10,530 - Other financial assets 3,196 2,794 Deferred income tax assets 596 368 Total assets 2,427,851 1,853,106
Liabilities and shareholders' equity Current liabilities Short-term bank borrowings 375,634 313,933 Trade accounts payable 67,003 37,465 Advance payments from customers 242,962 231,089 Accrued expenses and other payables 166,994 137,525 Income tax payable 5,293 4,466 Other financial liabilities 6,213 7,577 Total current liabilities 864,099 732,055 Long-term bank borrowings, excluding current portions 99,158 37,795 Convertible senior notes 400,000 - Advance payments from customers - non-current 364,706 301,313 Other liabilities 2,252 2,164 Total liabilities 1,730,215 1,073,327 Shareholders' equity
Ordinary shares: US$0.10 par value; 499,580,000 shares authorized; 106,478,033 shares issued and outstanding as of June 30, 2008 and March 31, 2008 10,648 10,648 Additional paid-in capital 238,555 494,358 Statutory reserve 18,697 18,697 Accumulated other comprehensive income 84,340 60,214 Retained earnings 345,396 195,862 Total shareholders' equity 697,636 779,779
Total liabilities and shareholders' equity 2,427,851 1,853,106
LDK Solar Co., Ltd. Unaudited Condensed Consolidated Income Statement Information (In US$'000, except per ADS data)
For the 3 Months Ended 6/30/2008 3/31/2008
Net sales 441,665 233,399
Cost of goods sold (329,372) (168,831) Gross profit 112,293 64,568 Selling expenses (599) (481) General and administrative expenses (10,956) (11,185) Research and development expenses (437) (371) Total operating expenses (11,992) (12,037) Income from operations 100,301 52,531 Other income/(expenses): Interest income 1,698 1,326 Interest expense (10,197) (5,254) Foreign currency exchange gain, net 5,823 5,339 Government subsidy 4,347 4,521 Change in fair value of prepaid forward contracts 60,028 - Others 856 (126) Income before income tax 162,856 58,337 Income tax (expenses)/benefit (13,322) (8,511) Net income available to ordinary shareholders 149,534 49,826
Net income per ADS, Diluted $1.29 $0.45
About LDK Solar
LDK Solar Co., Ltd. is a leading manufacturer of solar wafers, which are the principal raw material used to produce solar cells. LDK Solar sells wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, LDK Solar provides wafer processing services to solar cell and module manufacturers. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. Its office in the United States is located in Sunnyvale, California.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, LDK Solar's ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of its securities; its ability to operate as a public company; the period of time for which its current liquidity will enable it to fund its operations; its ability to protect its proprietary information; general economic and business conditions; the volatility of its operating results and financial condition; its ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in LDK Solar's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about LDK Solar and the industry. These statements are based upon information available to LDK Solar's management as of the date hereof. Actual results may differ materially from the anticipated results because of certain risks and uncertainties. This press release also contains forward looking statements about the progress of LDK Solar's construction of its polysilicon plant. These statements are based on information available to its management today. Actual results may differ, including various factors which may delay or disrupt the plant's construction and completion, including, poor weather, the risk of labor difficulties, construction difficulties or financing difficulties.
LDK Solar undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although LDK Solar believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
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