Posts for Ticker ‘CO2 emissions’

The Business Day In Global Warming (FPL, TSSP, LDK, JEF, AA, SOPW, WWAT)

Lazard Capital Markets gives a preview for earnings out of key solar companies this week.  First Solar was started with coverage by Pacific Growth Equities with a Neutral rating, and after a 400%+ stock run it is hard to blame the lackluster rating.

FPL Group, Inc. (NYSE:FPL) asked the Public Service Commission to agree on the need for 2 new Nuclear (or Nukular) generating plants.

TrendSetter Solar Products, Inc. (Pink Sheets:TSSP), an alternative energy manufacturing company of state-of-the-art solar hot water systems, solar hot water heating and storage systems, announced today that on Friday, October 12, 2007, California Governor Arnold Schwarzenegger signed a package of legislation furthering his commitment to energy efficiency, conservation and pollution reduction….. That is just a noise press release.

LDK Solar (NYSE:LDK) rose 3% at one point after being awarded a saolar supply pact from Saifun Solar (NASDAQ:SFUN).

Jefferies & Co. (NYSE:JEF) announced it is hoting its 4th Global Clean Technology Conference in London on 18 October.  Companies in attendance will include BP p.l.c., ersol Solar Energy AG, Renewable Energy Corporation ASA, and THEOLIA. The conference keynote speech will be given by Jim Lyons, Chief Engineer of General Electric Company and founder of GE’s wind energy division.

OCTOBER 15, 2007

Yesterday, Alcoa (NYSE:AA) announced that products from two of its Building and Construction Systems businesses – Kawneer Company and Alcoa Architectural Products – are used extensively by a team from Georgia Institute of Technology in the 2007 Solar Decathlon now taking place in Washington, D.C.

Solar Power, Inc. (“SPI”) (OTCBB:SOPW) has completed work on one of the region’s largest photovoltaic (“PV”) solar electric systems. The 400 kilowatt (“kW”) system will provide a majority of the electricity required to power the 43,195 sq. ft. Placer County juvenile detention facility which can accommodate 27,375 bed-nights annually.

WorldWater & Solar Technologies Corp. (OTC BB: WWAT), developer and marketer of proprietary high-power solar systems, and ENTECH, Inc. of Keller, Texas, a high tech supplier of solar technology to NASA for space operations, announced that they have signed an extension of their Letter of Intent (LOI) to merge from October 15, 2007 to November 30, 2007 pending final signatures of the Merger Agreement.

If you wish to set an RSS feed to our daily "The Business Day in Global Warming" and other news we cover from time to time in alternativeenergy, you can set it the following URL:
http://www.247wallst.com/alternative_energy/index.html

As a reminder, whether you prefer the term "Global Warming" or "ClimateChange" is not the issue as far as 24/7 Wall St. covers it. Greenbusiness has become big business, and this affects many publiccompanies today. 

Jon C. Ogg
October 16, 2007

Posted on: October 16, 2007 – 5:08 pm in Alternative Energy, , , , , , , , , , ,

The Business Day In Global Warming (KSS, MAG, FPL, BZH, PRRY, CPNLQ, DELL, ING)

Kohl’s Department Stores (NYSE:KSS) is activating a solar rollout to its 63 California locations.

Magnetek, Inc. (NYSE:MAG) has received orders from United Technologies (NYSE:UTX) for PCS-2C and -2D fuel cell power inverters totaling 2.4 megawatts in a contract valued at approximately $1.3 million scheduled for delivery over the coming 8 months.

FPL Group, Inc. (NYSE:FPL), the Florida Power & Lighting parent, announced today a $2.4 billion investment program aimed at increasing U.S. solar thermal energy output and reducing carbon dioxide emissions that contribute to global warming: up to $1.5 billion in new solar thermal generating facilities; Investment of up to $500 million by FPL to create a smart network that will provide its 4.5 million customers with enhanced energy management capabilities; and a new consumer education program and new products that could increase renewable energy resources by at least $400 million over the first five years of the program.

Beazer Homes (NYSE:BZH) becomes a principal sponsor for Georgia Tech Solar Decathlon 2007.  For some reason, it seems they’ll still have bad home sales.

Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) announced today that it has delivered its first shipment of PetroLuxus™ 600 for the treatment of biodiesel that will streamline the production of biodiesel in a cost-effective and time-efficient manner.

Calpine Corporation (Pink Sheets: CPNLQ) received final approval today from the California Energy Commission (CEC) to construct the 600-megawatt Russell City Energy Center in Hayward, Calif.

Dell (NASDAQ:DELL) today said it will become the first computer maker to neutralize its greenhouse gas emissions. CEO Michael Dell announced a series of measures to shrink the company’s carbon footprint and offset  its greenhouse gas emissions in 2008.

ING (NYSE:ING) announced today the next phase of its worldwide sustainability commitment by agreeing to
purchase clean, emission-free wind energy credits for its U.S. operations.

Jon C. Ogg
September 26, 2007

As a reminder, whether you prefer the term "Global Warming" or"Climate Change" is not the issue as far as 24/7 Wall St. covers it.Green business has become big business, and this affects many publiccompanies today.

Posted on: September 26, 2007 – 4:44 pm in Alternative Energy, , , , , , , , , , , , ,

The Business Day In Global Warming (EEE, AECOX, GE, VOLV, SOLF, FTEK, AW, PCG, PGN)

Evergreen Energy Inc (NYSE:EEE) has signed an “Agreement to Proceed” with specifications and design work that lead to the construction of a K-Fuel® lignite coal refinery in the Inner Mongolian Autonomous Region of the People’s Republic of China (PRC). The agreement was signed yesterday with a subsidiary of China Power Investment Corporation (CPI), one of the five state-owned power generation companies in China.

Our friends at TheStreet.com have a great article "A Green Fund for Global-Warming Skeptics."  As we have noted ourselves over and over, whether you believe in "global warming" or "climate change" doesn’t really matter.  Green business is becoming big business.   Allianz RCM Global EcoTrends Fund (AECOX) is a $131 million fund has appeared in the top 10% of stock funds for several months this year.

Thursday, September 20, 2007
Plutonic Power Corporation (TSX:PCC) and GE Energy Financial Services, part of GE (NYSE:GE), executed a fixed-price construction contract with Peter Kiewit Sons Co. for the construction of the 196 MW Toba Montrose run-of-river hydroelectric project.  The signing of the approximately $500 million engineering, procurement and construction (EPC) contract allows Kiewit to move ahead to the next stages after the initial rejuvenation and construction of forestry roads and bridges to the powerhouse site that had begun in July 2007.

With higher than $80.00 per barrel oil, alternative energy is all forms is highly important.  Many of these initiatives started back in the 1990’s and 2000 when oil was cheaper than water.  T. Boone Pickens is still bullish on oil prices and he’s bullish on his natural gas for autos initiative.  Earlier this week Goldman Sachs unveiled their "Super-Spike" in oil prices with the high-end of that band moving from $100 to $135 per barrel and up to $4.50 per gallon of gas at the pump.

Read More »

Posted on: September 21, 2007 – 10:27 am in Alternative Energy, , , , , , , , , , , , , , , ,

The Business Day In Global Warming (ASTI, NHY, AES, CLNE, EFOI, WMT, AMSC, BSRC)

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) and Hydro Building Systems, a division of Norsk Hydro (NYSE: NHY), today announced plans for the development of a new Brise Soleil product line incorporating thin film flexible solar modules manufactured by Ascent Solar.

Newly released sales figures from R.L. Polk reveal that an increased number of alternative fuel automobiles were sold in the second quarter of 2007. Between April and June of this year, nearly 490,000 AFA’s were sold nationwide, an increase of 27 percent over the same period last year, bringing the total number of AFAs to nearly 11.5 million on American roads.  For more information about Alternative Fuel Automobiles, visit www.DiscoverAlternatives.com.

AES Corporation (NYSE:AES) today announced plans to begin construction of Buffalo Gap 3, a 170 MW expansion of its Buffalo Gap wind farm near Abilene, Texas. Once completed, the project will increase capacity at Buffalo Gap to 524 MW, making it one of the largest operating wind farms in the United States. Commercial operations are expected to begin mid-2008.

Clean Energy (Nasdaq:CLNE) has entered a five-year agreement to supply the Metropolitan Transit District in Santa Cruz, California with clean-burning liquefied natural gas fuel for its growing fleet of natural gas powered buses. Santa Cruz Metro plans, by mid-2008, to operate 63 CNG buses, including 10 currently in service and by replacing 53 older diesel-fueled buses with new or re-powered natural gas models.

Energy Focus, Inc. (NASDAQ: EFOI),formerly Fiberstars, Inc., a player in energy-efficient lighting technologies has received orders from Wal-Mart for installations of Energy Focus’s EFO(R) downlight system in a Wal-Mart Super Center and a Sam’s Club in Cabo San Lucas, Mexico.

American Superconductor Corp. (NASDAQ: AMSC) announced at the HUSUMwind 2007 trade show in Germany that it has received a follow-on order for approximately $20 million in wind turbine electrical systems from Beijing-based Sinovel Wind Corporation Limited. The order follows a $70 million order received from Sinovel Wind in July 2007.

BioSolar Inc. (OTCBB: BSRC) has been rated “Speculative Buy” with a target price of $.84 by Beacon Equity Research Analyst, Victor Sula, PhD.  The full report is available at http://www.BeaconEquityResearch.com, but be advised that reports of this sort often not exactly what they seem.

Jon C. Ogg
September 18, 2007 

As a reminder, whether you prefer the term "Global Warming" or "Climate Change" is not the issue as far as 24/7 Wall St. covers it.  Green business has become big business, and this affects many public companies today.

Posted on: September 18, 2007 – 3:45 pm in Alternative Energy, , , , , , , , , , , , , , ,

The Business Day In Global Warming (GE, BLDP, UTX, PX, FWLT, PBOF, OPTT, YGE, FPL, GWSO)

If you haven’t heard of the 4th Annual Energy Tech Conference, from October 3 to 4, 2007, in San Jose, California, it might be worth looking at.  There will be clean-tech, green tech, VC’s and even traditional power companies there.

Apparently, some new company is out in the alternative energy and green tech sector if you trust the name, although you are on your own because they are on the OTC PINK SHEETS.  Global Warming Solutions (PINKSHEETS:GWSO) issued a corporate update.

Florida Power & Light Co. (NYSE:FPL) today asked the Florida Public Service Commission (PSC) for permission to expand power production capacity at its currently operating Turkey Point and St. Lucie nuclear power plants.

Yingli Green Energy Holding Company Limited (NYSE:YGE) entered into a new mid to long term agreement with Wacker Chemie AG of Germany.  Wacker will supply Yingli Green Energy with polysilicon from 2009 to 2011. The total amount of polysilicon supplied will allow Yingli Green Energy to produce over 80MW of PV modules over the life of the agreement.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) announced its results for the first quarter of its fiscal year ending April 30, 2008. Revenues were $556,000 compared with $305,000 in the three months ended July 31, 2006; net loss of $2.4 million in the first quarter of fiscal 2008 compared with a net loss of $1.7 million in the first quarter of fiscal 2007. Stock fell 3.2% to $13.27, still with a $135 million market cap.

PennFuture: Wind Energy Vital to Pennsylvania’s Economy, Environment and Public Health…. This is music to General Electric’s (NYSE:GE) ears as they are the top wind power turbine maker in North America. 

Northeast Advanced Vehicle Consortium signs contracts on Six New Fuel Cell Bus Projects with Federal Transit Administration:  State-of-the-Art Fuel Cell Buses to be deployed In Connecticut, Massachusetts and New York.  UTC Power, GE Research, New York Power Authority, Nuvera, Massport, CT Transit,  Ballard Power Systems, New Flyer, and others to be involved.  STOCK TICKERS: UTX, GE, BLDP.

Praxair, Inc. (NYSE: PX) and Foster Wheeler North America Corp., a US subsidiary of Foster Wheeler Ltd. (Nasdaq: FWLT) have signed a multi-year agreement that calls for the joint pursuit of certain demonstration projects that will incorporate clean coal technologies and integrated oxy-coal combustion systems into coal-fired electric generating plants to facilitate capture and sequestration of carbon dioxide (CO2).

Pure Biofuels Corp. (OTCBB:PBOF), a leader in the South American biofuel industry, today announced the closing of a $30 million round of private financing consisting of a $10 million convertible note and a $20 million secured credit facility.

Goldman Sachs today issued its new Super Spike price band for oil saying we are in Phase 2 of the cycle.  This now lays out the possibilities for up to $135 per barrel and up to $4.50 per gallon at the pump. Remember, this isn’t a prediction these go there, it’s just a range for super-spikes in prices based upon today’s conditions.  They did give new actual targets though, and the call is for higher prices to remain.

Jon C. Ogg
September 17, 2007

As a reminder, whether you prefer the term "Global Warming" or "Climate Change" is not the issue as far as 24/7 Wall St. covers it.  Green business has become big business, and this affects many public companies today.

Posted on: September 17, 2007 – 6:04 pm in Alternative Energy, , , , , , , , , , , , , , , ,