A new column, The Midcap Market, in Forbes Magazine written by Vahan Janjigian, took an interesting approach in the October 13, 2008 issue [Isn’t it interesting how magazines date their issues 2 weeks in the future?] He recommends 2 stocks that are not normally called green energy stocks. The first is EnerSys [...]
Sep 29, 2008, 2:05 pm – The House is still voting on the Rescue Package, but Republicans are stuck at 65 Yeas & 133 Nays and the Democrats at 141 Yeas & 94 Nays. The Dow was down as much as 705 and is currently down 504. Wall Street and oil traders [...]
Sep 24, 2008 – Trina Solar Limited (NYSE: TSL), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced that shipments began this month to provide more than 13,400 solar photovoltaic (PV) modules to power the Atlantic City Convention Center.
The Convention Center [...]
Sep 26, 2008 – Neo Solar Power, a manufacturer of solar cells, announced it secured a 7-year wafer supply contract with REC ScanWafer AS, a large manufacturer of multicrystalline silicon wafers. Under the contract, REC will provide NSP solar wafers worth US$442 million) for the period from January 1, 2009 to December 31, 2015. Adding [...]
Sep 26, 2008–Open Energy Corporation (OTC BB: OEGY.OB), a renewable energy company focused on delivering building integrated photovoltaic solutions, announced that it has completed its largest solar electric installation for the new California Academy of Sciences in Golden Gate Park, San Francisco, California. Designed especially for the Academy by Open Energy and manufactured by Suntech [...]
Sep 25, 2008 – China Sunergy Co., Ltd. (NASDAQ: CSUN), a solar cell manufacturer announced that it has entered into a 7 year sales agreement with Wuxi Guofei Green Energy Source Co., Ltd., a Chinese solar energy company.
China Sunergy will supply Wuxi Guofei with 10 MW of monocrystalline cells each year from 2009-2015, and China [...]
The recent Senate approval of extending the Investment Tax Credit for renewable energy has already resulted in press releases from companies that expect to benefit from it even though the bill must still be passed by the House and signed by President Bush. Hopefully, these firms will be as diligent in pursuing implementation of renewable [...]
A new transformer from Siemens [NYSE: SI] uses an insulation fluid based on vegetable oil. This is completely biodegradable & much less flammable than the mineral oil normally used. Transformer substations will now be able to feed power into the grid while conforming to strict environmental regulations. The new transformer is suitable for use in [...]
The Senate by an overwhelming 93 to 2 vote has extended for 8 years the Investment Tax Credit that was set to expire December 31 of this year. It will provide an estimated $18 billion in tax credits for renewable energy such as provided by solar, wind and geothermal systems. Solar stocks have responded positively [...]
Announcements from GM and Chrysler remind one of the software announcements from Microsoft in the 1990s where they would announce new software far in advance of the introduction in an attempt to preempt the sale of their competitors. Decades ago the Detroit would introduce the new models in the autumn, i.e., the 2009 models would [...]
EnergyTomorrow.Org is placing full page ads extolling oil and natural gas conservation and efficiency. The ads are brought to you by “THE people OF AMERICA’S OIL AND NATURAL GAS INDUSTRY.” But who are these people? API according to the website. When one clicks on “Who We Are” one sees mention that it is the “only [...]
GM has taken out a large ad on the front page of the auto classified section of the Florida Sun-Sentinel titled, “Chevrolet Volt Leads General Motors into its second century.” They better have something more and sooner. The Volt has gotten a lot of press and attention in the last couple of weeks, BUT even [...]
We constantly see ads from companies congratulating themselves for their green energy activities after spending decades fighting the inevitable. But where are the green cars discussed in the ads? The Chevy Volt is now scheduled for 2010. Here is the script from an ad on GM’s website and very similarly worded in magazine ads. One [...]
The recently agreed to stopgap funding bill includes a provision to KO the drilling ban along the Atlantic and Pacific coasts. It does NOT reverse the drilling ban along the Florida Gulf Coast [up to 125 miles] that was previously set by separate legislation in 2006. Also, the House legislation passed last week allows offshore [...]
Sep 24, 2008 – AFS Trinity Power Corporation took out national newspaper ads today publicly calling on Congressional leaders Pelosi, Reid, Bingaman & Dingell & presidential candidates McCain & Obama to set aside 25% [$6.25 billion] of the proposed $25 billion for Detroit automakers to develop super fuel-efficient autos to innovative, smaller companies working on [...]
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