Nevada Geothermal Power is proceeding with Ormat on the Blue Mountain Faulkner 1 Power Plant, see article on geotherma.info entitled Nevada Geo (NGLPF) and Ormat Tech (ORA) in $20 million deal for Blue Mountain geothermal project.
In Geothermal energy news and geothermal company info, Australia has opened up Geopower exploration, and NGP finds geothermal energy drilling success.
Earlier in February Tyler Hamilton over at Clean Break focused on the links between high-purity cadmium telluride supplier 5N Plus and their world-leading customer First Solar in an article that also discusses a potential cadmium shortage.
Vestas Wind Systems AS, the world's largest wind turbine manufacturer, said it has received an order for 32 units of its V90-1.8 MW wind turbine from Spain's Catalana d'Energies Renovables SL.
Sharp Solar aims to raise its annual thin-film solar cell production capacity by completing new plants in Japan and building new facilities abroad. Q-Cells Solar said earlier this month that it had overtaken Sharp as the world’s No. 1 maker of solar cells in terms of volume in 2007.
Spire (SPIR) will provide Dongyang in Korea with a 12 MegaWatt crystalline cell module manufacturing line.
Evergreen Solar and Renewable Energy Corp prepare EverQ Initial Public Offering.
More alternative energy investing info:
Geothermal Power Investing
Wind Energy Stcoks
Search Alternative Energy Stocks, Renewable Power Investing Info
Clean Geen Power Mutual Funds and Investments
Find Green Energy Funds, Renewable Energy Stocks, Clean Power Investments
Search Green Energy Stocks Investing Network:
CAUTION: Investing in common stocks of publicly-listed companies is a high risk (and high potential reward) activity. Owning investments in individual renewable energy technology companies is for high risk investors only, and medium risk investors should consider green mutual funds, closed-end clean energy funds, alternative energy index funds and other clean energy sector investments. Even then, these funds should be owned as part of a widely diversified portfolio, and always be considered as longer term investments.
Alternative energy stocks and other renewable power investments are a core component of ethical investing portfolios. Find info on Alternative Energy websites, research solar power, locate renewable power information and solar energy companies online. Links to info on clean fuels, solar power as a peace technology, solar energy stocks and clean power mutual funds.
Clean Energy Website Information Network
Find green power alternative energy solutions, clean energy stocks, water technology stocks, water purification companies, water desalination technology and photovoltaic solar electric power company websites:
Find Green Energy Funds, Renewable Energy Stocks, Clean Power Investments
Search Green Energy Stocks Investing Network:
Custom Search
Alternative energy stocks and other renewable power investments are a core component of ethical investing portfolios. Find info on Alternative Energy websites, research solar power, locate renewable power information and solar energy companies online. Links to info on clean fuels, solar power as a peace technology, solar energy stocks and clean power mutual funds.
Clean Energy Website Information Network
Find green power alternative energy solutions, clean energy stocks, water technology stocks, water purification companies, water desalination technology and photovoltaic solar electric power company websites:
Custom Search
Subscribe to:
Post Comments (Atom)
Search Alternative Energy Investing Websites
WARNING: Investing in common equity of public companies is a high risk, high potential reward activity. Owning investments in individual alternative energy companies is for high risk investors only, and medium risk investors should consider green mutual funds, clean energy funds, renewable power index funds and other sector plays. Even then, these should be owned as part of a widely diversified portfolio. There is a gathering mania for investing in publicly-traded alternative energy companies, similar to the computer, technology, internet and banking / real estate booms of the past two decades. There will be some nasty corrections along the way, and some years from now when they come crashing down en masse, the world will still benefit from all the amazingly advanced clean and efficient energy technology created during the bull run. (Above note re-written March 2009 as my earlier prediction of a market top and a crash in the sector starting in August '09 was hastened by the credit markets collapse and began in August 2008, before the bubble had fully formed. Of all the sectors in the equity markets, clean energy has the best prospects to assume market leadership and public favour; we are bouncing aong the bottom still, and those who have followed our guidance to begin including (in a judiciously blended portfolio of cash, bonds, stocks and yes, um... real estate) green energy investment funds dollar-cost-averaging programs in Winter and Spring of 2009 are well positioned for longterm capital growth.)
Search for renewable energy investing info, find renewable energy investments, clean power mutual funds, wind systems for home, farm, business and cottages, home power generators, photovoltaic solar panels, publicly-listed windpower companies, alternative energy investing, biomass / biofuels research, renewable energy mutual funds, green investments.
Custom Search
1 comment:
Today there was a Solar Investment Tax Credit (ITC) Teleconference involving
business executives from Morgan Stanley, HSH Nordbank, and Lazard Capital
Markets. Taking the opportunity to voice their support for Solar energy and
the ITC, they strongly encouraged Congress to pass this critical tax credit
to ensure the Solar industry’s future growth. This teleconference was in
preparation for the Senate’s upcoming vote on the ITC in the next couple of
days.
In addition to the support of Wall Street and investment executives, a group
of over 240 signatory companies have composed a letter in support of an
extension of the ITC. These include Best Buy, GE, Home Depot, Edison
Electric Institute, John Deere, JP Morgan Chase, Target, Whirlpool and
others. The letter itself can be found at -
http://www.seia.org/ITC_Letter_4-3-08.pdf. More information can be found by
simply browsing seia.org.
Passing the Word,
Brian Willis
703.302.8386
------ NEWS RELEASE ------
For Immediate Release
Tuesday, April 8, 2008
Contacts: Monique Hanis, 202-682-0556, ext. 4, mhanis@seia.org
Mark Sokolove, 703-302-8382, mark@tigercomm.us
Financial Executives Call on Congress to
Extend Pending Solar Tax Credits
Wall Street and Venture Capital firms report on growth of solar market and
stress importance of Tax Credit for Investor Confidence and Industry Growth
WASHINGTON, DC - Today, a group of bankers and analysts from Wall Street
investment firms and venture capitalist firms called on Congress to pass an
eight-year extension of the solar Investment Tax Credit (ITC), that is set
to expire at the end of 2008, stressing its importance in building investor
confidence and stimulating industry growth.
The U.S. Senate is expected to vote on legislation to provide for a
long-term extension of the ITC (S. 2821, the Clean Energy Stimulus Act of
2008) as early as this week.
Since the solar ITC was established as part of the 2005 energy bill, the
solar energy industry has grown at a rate of more than 40 percent per year.
Utilities and solar energy companies have announced plans for numerous
projects to provide utility-scale solar power to states from Florida to
Nevada. On the commercial and residential side, energy users from military
bases, retail stores and homeowners have added solar energy generation to
their land and buildings. But investors are worried that if the ITC is
allowed to expire at the end of 2008, rapid progress made within the
industry could slow to a halt.
"We believe solar projects will become cost effective in the future without
the federal tax credits," said Edward Levin, vice president of global
structure products at Morgan Stanley, "But the current federal tax
incentives are still vital for industry growth and continued investor
confidence. The tax incentives need to be extended to avoid a market
interruption that could significantly set back U.S. solar development."
"The ITC is serving as an important building block for solar energy's
migration into mainstream electricity markets," said Sanjay Shrestha,
managing director of equity research in alternative energy at Lazard Capital
Markets. "If extended, the ITC will accelerate project activity, helping the
U.S. evolve into one of the most pivotal solar markets in the world."
The solar ITC has been scored to cost approximately $700 million over the
course of ten years. This amounts to less than 1 percent of the $40 billion
in subsidies that fossil fuels energy companies receive every year. On March
25, CNN reported that with the proper investment incentives, renewable
energy could stimulate as many as three million new jobs over the next two
decades.
Ed Sproull, senior vice president of energy at HSH Nordbank, predicted that
"with an extension of the solar ITC, solar development will continue to
accelerate because it makes economic sense to investors."
"Without [the ITC], we risk seeing the steady progression of investment
grind to a halt, threatening job growth, tax revenue generation, and energy
independence in the process," said Nancy Pfund, managing partner, DBL
Investors. "Most importantly, we need ... to continue backing those that
invest in solar improvements so that costs come down and financing products
can be developed to make solar accessible to all."
Post a Comment