Over the course of the past 6 months, we’ve seen a number of electric car companies fall by the wayside.  Carlsbad, CA manufacturer Aptera, Inc  and Salinas, CA startup Green Vehicles, Inc are among recent bankruptcies.   The recent announcement by Ford that it is reducing the number of hybrids for its 2012 product mix could raise doubts about the future of this fledgling industry. 

However, in my opinion, Aptera either fall prey to the Solyndra scandal due to a slow down on funding as the investigation into the Department of Energy and the Obama Administration ramped up or, more likely, Aptera just didn’t have any high influence fund raisers for the Obama Administration affiliated to it so it didn’t get the VIP treatment necessary to facilitate the processing of their funding requests.

With the demise of these companies and others, there is opportunity as well.  Talent, technology and inventory is being freed up and, if the remainder of the field such as Li-ion Motors and EvCarCo have their act together, they will take steps to recruit the talent and acquire the technologies that have promise.  

One thing seems certain to us.  Electric vehicle technology is here to stay and, while the most focused and intelligent and frugal in the field will survive this fallout, the consolidation opportunities can provide a significant leg up for the best.  

Keep a close eye on this sector, the best is yet  to come. 

©2012 Alternative Energy Today. All Rights Reserved.

Mooresville, NC – (Alt-EnergyStocks   May 25, 2011) - Li-ion Motors Corp (OTCBB: LMCO), as a result of their winning $2.5 million in the Progressive Insurance 2010 X-Prize competition for their entry, the WAVE II, an all electric high speed long range car featuring the latest lithium-ion battery technology, is enjoying increased media coverage of for the company Li-ion Motors Corp. and their all-electric supercar, the Inizio.  The Inizio is capable of 170 MPH with acceleration from 0-60 MPH in 3.4 seconds with zero emissions.  The car sports a 114 inch wheel-base and 78 inch wide footprint. Road tests indicate the Inizio is surprisingly stable at high speeds.  

The Wave II is Li-on Motors two seat, all electric, zero emission commuter car boasting an impressive 202.5 MPGe (miles per gallon equivalent), as rated by the Argonne National Lab (US Department of Energy).  Both the WAVE II and Inizio are in the process of DOT Certification and, upon completion, will be released to the public.  Currently the company is expecting to receive certification by the end of this year.

With the Inizio and the Wave II, Li-on has two important markets covered, the commuter segment and the "I have a ton of money and love exciting, state of the art cars" market as well.  Paul A. Eisenstein, Publisher of the detroitbureau.com with 30+ years of experience covering the auto industry for a broad range of print, broadcast and electronic media, and one of the pioneers of Internet publishing covered the Li-on Inizio in an article in his website, The Detroit Bureau.  You can download the article here.

Li-ion is not new to electric cars.  Formed in 2000, the company is a pioneer in the advanced development of Lithium Ion battery technology and with over a decade of research and development, Li-ion has been converting internal combustion cars to all electric all along and is poised for significant growth moving forward.

Li-ion has converted PT Cruisers, Mini Coopers, Toyota Yaris’, Pontiac Vibes, trucks, and motorcycles. The company’s customer base extends to other countries including Canada, the Netherlands, and the United Arab Emirates.  

Along with the production of original vehicles, the company licenses its proprietary Battery Management System (BMS) and technology to automobile manufactures seeking to advance their electric vehicle offerings.  Lion Motors Corp is headquartered in Mooresville, NC with corporate offices in Las Vegas.

©2012 Alternative Energy Today. All Rights Reserved.

 Detroit (Alt Energy Stocks – 5/23/2011) – According to the Automotive News, General Motors (NYSE: GM) sold 493 Volts in April, representing a decline from the 608 sold in March. During that same period, Nissan (Pink Sheets: NSANF) increased deliveries of their all electric vehicle, the LEAF, from 298 in March to 573 in April 2011.  These latest reports directly contradict CNN’s boastful pronouncement in early February that the Volt was "kicking the Leaf’s butt."

What’s more, based upon deposits and indications of interest, Nissan is now predicting that it will deliver around 10,000 units in 2011.  While GM has boosted it’s production estimates for the Volt and its European cousin, the Opal Ampera to 16,000, it’s doubtful that those numbers will be able to equal Nissan’s figures for 2012.   GM says it plans to increase its Volt/Ampera production to 60,000 from earlier projections of 45,000 for 2012. 

Given the sharp increase in interest in the all electric vehicles being tied directly to the recent hikes in gasoline prices, it’s evident that Americans are not naturally inclined to make the transition from traditional gas powered cars to these new electric models but are rather driven to them out of necessity.   If gas prices return to the mid $2 and under, I think that the demand for both these cars will slack off again.  

It seems to me that the one alternative fuel vehicle that could satisfy both the desire to cut our dependence on foreign oil while maintaining the allure of a gas powered car, would be to shift from gasoline to natural gas powered vehicles.  With mass produced conversion kits, even existing gas models could be affordably converted over to natural gas, either LPG (liquid petroleum gas also called propane) or CNG (compressed natural gas).  

Think of natural gas as the fun way to wean ourselves off of our dependency on foreign oil.  In January a German auto tuner called G Power converted a BMW M5 Hurricane into what it’s billing as the world’s fastest natural gas powered car.  The car runs features a 5.0-liter V-10 that has a pair of superchargers attached.  Peak output is 660 horsepower and 480 pound-feet of torque, which is enough to rocket it from 0-62 mph in just 4.6 seconds and see it reach a top speed of 206 mph–1 mph more than a Corvette ZR-1 supercar.

G Power isn’t alone in introducing excitement into the alternative fuels automotive field.  An engineer named Bernie Towns, down in Texas wants to make his Mercedes-Benz SL 600 clean and green.  Earlier this year he converted his 2007 SL600 Mercedes-Benz roadster into a 5.5 liter twin-turbo V12 CNG-powered speedster he hopes will break the record for the fastest natural gas-fueled car around. Partnering with Chicago tuner Speedriven, this very unique SL 600 now develops around 800 bhp (597 kW / 811 PS) and over 1,000 lb-ft (1354 Nm) of torque and does the quarter-mile (402 meters) in 10 seconds.

But the record for the fastest CNG-powered car is still held by Hohenester Audi A4 tuned to over 700 bhp (522 kW / 710 PS) that was able to hit 364.6 km/h (226.55 mph) in 2009. Speedriven and Towns hope to break that with more horsepower and the help of a Mercedes-supplied aerodynamic kit fitted to this SL 600 that can safely hold speeds of up to 386 km/h (240 mph).

With the cost of natural gas running about half that of gasoline, and the simple fact that, if the major auto manufacturers set their mind to it, they could offer CNG powered cars at a only a small premium to their gas powered counterparts, it seems far more natural a shift than expecting people to move into cars that are priced like a mid range Mercedes but deliver a low end Kia amenities. 

Still, there’s probably not much of a future in the natural gas idea because the current administration wants to subsidize new industries that may take decades before they are financially self sustaining rather than promote common sense solutions that require a minimum of output but don’t offer nearly the promotional bang for the buck. 

©2012 Alternative Energy Today. All Rights Reserved.

 FORT WORTH, TX–(Alt-EnergyStocks – 05/20/11) – EVCARCO, Inc. (OTCBB:EVCA)  announced today that Scott O’Neal has resigned as COO and from the Board of Directors of the Company effective May 15, 2011.

©2012 Alternative Energy Today. All Rights Reserved.

Alt-EnergyStocks.com is please to announce that we have affiliated ourselves with specialists in the field of funding green projects, including alternative energy products.   The newest member of the Alt-EnergyStocks.com team has extensive experience in arranging suitable funding packages for companies from start-ups and development stage companies seeking seed money to operational  companies generating and revenues but in need of additional and immediate funding.

If you have a Green or Alternative Energy project that requires funding, we can help. Most innovative creators have the experience and talent to develop the technology, plan their project and know how they want to market it. They have usually done most of their homework in these areas.

Financing is in a different arena.  It takes experience in finance to know what the lender is looking for. Most innovators, and creators of any project make some very simple mistakes when seeking finance.  Often they try and “get by” with a minimum request for investment and promise the Moon.  This is the farthest scenario that genuine lenders look for.  First of all, our four lenders are not interested in “buy-low-sell-high” deals.  They are looking for a well thought out business plan, an adequate amount of money in the request to actually make sure it has the necessary funding to survive with a substantial contingency to insure that there will be money to perpetuate the project in the event of unforeseen events that often present themselves during project development.  The return or ROI to the lender is pre-determined in the financial contract. In most if not all cases they are not looking to be a participant in the venture. They are looking for the best return they can get without undue risk. It is all numbers to them.  In most cases they don’t care if you’re turning lead into gold.  They just want the agreed upon return.

To prepare your project for my lenders requires that the equations be in the proper perspective. This takes time and experience and a good deal of mental focus-effort to make sure your project is ready to properly present to them.

We can help.  If you have, or know of a “green” project whether it is in the initials stages, an emerging growth company, or a Company that is already moving but needs more funding, please contact us and we will do an evaluation of your project and if qualified, forward it to our lenders.   From $500,000 to $500 million is available.

Interest in learning more? Contact us

©2012 Alternative Energy Today. All Rights Reserved.

Since June 18th, we have been saying that the development of alternative energy sources and becoming not only energy independent but also becoming an oil exporting nation is a matter of national security.  On that day, we predicted that oil would be at $20 a barrel by 2020.

If there was ever any doubt in your mind as to the accuracy of our statements or the true nature of OPEC’s place in the world, today’s news should clarify it once and for all time.  As oil was heading north toward $140 a barrel and beyond, the OPEC nations said they weren’t trying to make it that high.  This they said as they were relishing with glee at all the income that was flowing into their coffers as we simultaneously found ourselves being economically weakened as a country by the outflow of petro dollars.

We watched at an enriched Iran thumbed its nose at the world’s attempt to divert their intention to build nuclear weapons.  We watched as Russia found itself able to once again flex its military might thanks to its new found petro wealth.  We also watched as Hugo Chavez, a two bit thug dictator used the power of his rising petro fortune to try to buy some legitimacy on the international stage while building his military prior to beginning his imperialistic exploits.

Now as oil is hovering in the $70 range, higher than it was even last year and a far cry from the $42 range we saw in 2004, the major oil producers of the world are meeting to plot how to get the prices back to the levels where the power of industrial nations will be significanly diminished and they will be able to once again bask in the largess of that which conicidence and nature has blessed them.  No longer satisfied to simply be rich by sucking from nature and without creating anything of value, these tyrants,despots, madmen and power hungry former  KGB types find the rate at which they are amassing their wealth has fallen to from grotesque to merely obscene and they aren’t going to take it lying down.

The 13-nation global oil cartel — which includes Mahmoud Ahmadinejad’s Iran and Hugo Chavez’s Venezuela — will hold an emergency meeting in Vienna Friday to discuss the steep and rapid decline in oil prices.
“The era of cheap oil is finished,” Iran’s Oil Minister Gholamhossein Nozari boasted on Tuesday.  When asked what price Iran would want for its oil, Nozari declared, “The more the better.”

“A few member nations have voiced their intentions of pushing for a cut in production, including Qatar, Iran, as well as OPEC’s president Chekib Khelil, who said that output could be slashed by as much as 2 million barrels a day,” analysts for Raymond James & Associates told MarketWatch.com.

This is war, make no mistake about it and Iraq, with massive oil reserves will no doubt play an imporant role in this war.  What side they will come down on is anyones guess but being their liberators, we stand a better than even chance they won’t be wholly against Western society.

To win this war we must drive oil prices down, way down.  We must cripple Iran, Syria, Venezuela and Russia before they cripple us.  With cheap oil, the people of Iran can overthrow Ahmadinejad.  Without his petro dollars, Chavez will be an impotent dictator and will soon be replaced by someone who can inspire the Venezuelan people to begin to build a country supported by the labors of its people.

Without massive oil revenues Russia will once again be forced to confront their own corruption and decay and necessity will allow a new government to blossom, one more responsive to the talents and dreams of the Russian people.

I Need You!

To win this war, America must continue and accelerate our drive to develop petroleum free transportation.  Between compressed natural gas, hybrid and plug in technologies and fuel cells we can completely transform the transportation industry and reduce our need for oil to the point where we will be able to start exporting both oil and the technology to free European and Asian countries from their dependence on oil as well.

In the interim, I do see opportunity for good fortune.  A trait among OPEC and other oil rich countries is that they are very self serving.  OPEC has stuck together just fine in good times because there was no need for anyone to break rank.  Now, with some petro budgets being stretched thanks to a human failing I call the “arrogance of wealth,” you can expect to see one or more of the OPEC countries agreeing but not living up to pledges to cut production.  Nothing like the need for a little extra cash to cause a price fixing cartel to crumble.  There are no friends among OPEC nations, just willing co-conspirators.  Watching Russia continue to pump oil and others while they are supposed to be honoring a pledge to reduce production will display to the world just how little character these pimps of mother earth have.

Look for speculators to take the price of oil back up a bit following the OPEC meeting if production limits are placed but don’t look for it to hold.

For now we Americans need to maintain our focus and our resolve.  Gasoline under $3 a gallon is no excuse to relax the imperative we felt when it was pushing toward $5.  We’ve got the little bastards more than scared and even on the run.  Think of this as the surge and push onward with “all of the above.”  We can win this war, we will win this war, we must win this war.

©2012 Alternative Energy Today. All Rights Reserved.

ALTAIR NANOTECHNOLOGIES – Announces New Battery

Altair Nanotechnologies Inc. (Nasdaq: ALTI), a leading provider of advanced nanomaterials technology used in power and energy systems and other applications, is trading up 3.3% following the Company’s September 8, 2008 announcement that it has completed the 500th full depth cycle of a unique lithium titanate battery developed for the U.S. Navy. Altair’s $2.5 million contract is funded as part of a $3.5 million United States Navy program that includes independent product testing by the Navy. Additional funding of $5 million has been approved by Congress for FY 2008.  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

URANIUM ENERGY CORP – Completes Hydrologic Testing

Uranium Energy Corp (AMEX: UEC) is trading down 5.26% following the Company’s September 8, 2008 announcement of the successful completion of hydrologic testing in the first production area (PA-1) at the Company’s Goliad ISR Uranium Project in South Texas. The Company has now filed a Production Area Authorization (PAA) Application with the Texas Commission on Environmental Quality (TCEQ). The TCEQ earlier issued a Draft Mine Permit to the Company for the Goliad ISR Project, as announced in June this year.  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

WELWIND ENERGY INTERNATIONAL – Signs Join Venture for Chinese Wind Farm

Welwind Energy International Corp. (OTC BB:WWEI) is trading upo 17% following the Company’s September 8, 2008 announcement that it has successfully signed a second joint venture partnership for a 50% interest in the Ningxia Tianjing Helanshan wind farm project. This joint venture is for an interest in a 30.9MW wind farm which completed construction in February 2008. Ningxia Tianjing Shenzhou Windfarm Ltd was established on May 16, 2002. It is a joint venture of Ningxia Electric Power Group with Huarui Electric Ltd. which is affiliated with Beijing Hanneng Group. Phase I of the project consists of 12 wind turbines with a unit capacity of 850kW each; phase II has 12 wind turbines with a unit capacity of 850kW each; and the final completed phase III of the project consists of 7 wind turbines with a unit capacity of 1500kW each. Total installed capacity is 30.9MW. To read the entire article click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

RAVEN BIOFUELS INTERNATIONAL CORP – Appoints Industry Veteran to VP of Operations

Raven Biofuels International Corporation (OTCBB: RVBF) is trading down 11.11% despite the September 8, 2008 announcement of the appointment of Joseph J. Titus to the team at Raven Biofuels International Corporation as Vice President of Operations.

Raven plans to build, own and operate one of the first commercial scale cellulosic ethanol biorefineries in North America and in his new role Mr. Titus will direct the engineering, construction and commercial operations of Raven’s proposed Washington State and British Columbia biorefineries.

Mr. Titus brings over 25 years operations and project execution management experience in the energy, environmental and process sectors. Joseph has a Bachelor of Science, Specializing in Paper Science & Engineering from the University of Wisconsin and an MBA from Loyola College of Maryland, Sellinger School of Business & Management. He has held multiple positions as Business Unit Manager and Director of Operations at Environmental Elements Corporation, an environmental process company and Alfa Laval Celleco, a Swedish pulp and paper process equipment company; Director of Operations for LPP Combustion LLC, a startup clean energy company and GTS Energy Inc., a process heating company with one of its key markets in the power sector.  To read the entire article, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

BROADWIND ENERGY INC – Expands Office Debt

Broadwind Energy, Inc. (OTCBB: BWEN) announced an expansion of its corporate management team, including the addition of a General Counsel, Senior Vice President of Human Resources, Corporate Controller and Director of Compliance.

Broadwind named J.D. Rubin as vice president and general counsel. Rubin was previously with Chicago-based Barack Ferrazzano Kirschbaum & Nagelberg LLP, where he specialized in corporate and securities law. Rubin earned his undergraduate degree from the University of Wisconsin-Madison and his law degree from Northwestern University.  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

©2012 Alternative Energy Today. All Rights Reserved.

FPL GROUP INC – Recommends Against Attempt to Poach Stock Away from Unwary Investors

FPL Group, Inc. (NYSE:FPL)  is trading down 2.64% following the Company’s September 5, 2008 announcement that it has received notification of an unsolicited “mini-tender offer” by TRC Capital Corporation to acquire up to 2 million shares of FPL Group common stock, representing less than one half of 1 percent of FPL Group’s outstanding shares. TRC’s offer price of $58 per share in cash represented, as TRC Capital’s own offer document acknowledges, approximately a 4.65 percent discount below FPL Group’s closing price on the New York Stock Exchange on Aug. 26, 2008, the day before the offer commenced. To read the entire report, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

WELWIND ENERGY INTERNATIONAL CORP – Stock Continues to Climb on Acquisition News

Welwind Energy International Corp. (OTCBB: WWEI), is trading up 17% on the news of September 4, 2008 that announces that it has successfully signed a binding joint venture partnership for a 49% interest in a wind farm project owned by Ningxia Electric Power Corp. (NEP).  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

©2012 Alternative Energy Today. All Rights Reserved.

Alternative energy stocks closed on the downside as a plummeting Dow sucked the life out of the entire market and people ran for the cover of cash.  Disappointing jobless new coupled with lackluster retail sales triggered the sell off as and the bear rally was unstoppable. The Dow ended down 2.99% at 11,188.23.  The fact that oil dropped another $1.59 to$107.76 was pretty much lost in the fray.

Alt-EnergyStocks.com – Your Resource for Alternative Energy Stocks

LITHIUM-ION STOCKS – Visit our Lithium-ion Stock Page – Your source for Lithium-ion stocks

Lithium-ion stocks had only two gainers today decliners numbered 11.

Advanced Battery Technologies (Nasdaq: ABAT) finished in the green by closing up 1.54% to $3.96. They had a much better day going till the Dow started tanking but managed to hold on to the upside.

Honda Motor Company (NYSE: HMC) was other stock in the green as its stock finished up .15% at $32.85.

Altair Nanotech Inc (Nasdaq: ALTI) finished further down than any other lithium ion stock losing 9.85% to $1.83 following the announcement that a joint development deal with Eli Lilly had been axed.

General Motors (NYSE: GM) was second down 5.24% at $10.68.

NUCLEAR ENERGY STOCKS – Visit our Nuclear Energy Stocks Page – Your source for solar energy

Nuclear energy stocks also had only 2 winners compared to 8 losers.

USEC Inc (NYSE: USU) started on the down side but managed to move into positive territory and stay there the rest of the trading session.  The stock finished up 2.1% at $5.84.

Uranium Energy Corp (Amex: UEC) also managed to hold on to the green closing up .54% to close at $1.68. Hey, that may be just a penny but still… it’s a win.. right?

Cameco Corp (NYSE: CCJ) was the only stock suffering meaningful losses as their stock fell 4.59% to $26.81.

GEOTHERMAL STOCKS – Visit our Geothermal Stock Page – Your Source for geothermal stocks

Like the two that preceded it the Geothermal sector also had 2 stocks that had winning ways compared to 7 that succumbed to the downward pull of the Dow.

Nevada Geothermal (OTCBB: NBLPF) gave the best showing closing up 2.08% to end the day at $.98 while Calpine Corp (NYSE: CPN) managed to hold on to a 1.13% gain to end the session at $17.01.

To the downside,  US Geothermal Inc (Amex: HTM) shareholders hurt more than most as their stock fell 10.8% to finish the day at $1.90.

Raser Technologies was the other material loser as their stock fell 5.07% to finish at $7.86.

WIND ENERGY STOCKS – Visit our Wind Energy Stocks Page – Your source for wind energy stocks

Wind energy sector did better with three stocks finding pay dirt compared to 10 winding up in the red.

Welwind Energy Intl (OTCBB: WWEI) had a great day gaining 41.54% to $.092 on more than twice normal volume following their announcement at the open of a Joint Venture deal with Ningxia Electric Power. Ningxia Hui Autonomous Region is a region in China

Wind Energy America (OTCBB: WNEA) had a respectable day as well closing up 6.78% at $.63.

Mass Megawatt Wind Power Inc (OTCBB: MMGW) also managed to stay in positive territory closing up 5.59% at $1.70.

Nacel Energy Corp (OTCBB: NCEN) struggled today closing down 7.86% to $1.29.

Juhl Wind Inc (OTCBB: JUHL) finished down 6.58% at $3.55 but volume has fallen off so badly that once needs to be concerned about liquidity on this issue. Only 2,990 shares traded today, a pittance compared to the 50,000 to 500,000 a day when it first came into the market.

SOLAR ENERGY STOCKS – Visit our Solar Energy Stock Page – Your source for solar energy stocks

It was losers over winners 11 to 4 in the Solar energy sector today.

Biosolar Inc (OTCBB: BSRC) kept up its winning ways by moving up another 4.76% to $.44.

Energy Conversion Devices (Nasdaq: ENER) was the big decliner in the solar sector today closing down 5.81% to $64.64. The stock has shown remarkable strength since early may as new CEO Mark Morelli continues the turnaround. Hopefully, this is only establishing a new support level.

FUEL CELL STOCKS – Visit our Fuel Cell Stocks Page – Your source for solar energy stocks

The fuel cell sector had three significant stocks in the green today and seven on the downside.

Hydrogenics Corp (Nasdaq: HYGS) was best of the three gainers adding 3.48% to its stock as it closed as $1.19.

Plug Power Inc (Nasdaq: PLUG) had it toughest of the decliners losing 14.66% to end the session at $2.27.

BIOFUEL STOCKS – Visit our Biofuel Stocks Page – Your source for biofuel stocks

The Biofuels sector went 7 down and only 2 up today.

Dynamotive Energy Systems (OTCBB:  DYMTF) fared well despite the bad overall market closing up 21.95% at $.25 following the report of the company’s second quarter results. Volume was around 6 times normal.

Valcent Products (OTCBB: VCTPF) couldn’t have cut it any closer as their stock finished up just $.003 at $.583. Still, a win is a win and a lot better than a loss.

Archer Daniels Midland (NYSE: ADM) was one of the top losers today as its shares fell 6.4% to close the day at $22.97.

©2012 Alternative Energy Today. All Rights Reserved.

PLUG POWER INC – Selects Maxwell Technologies Ultracapacitors

Plug Power Inc. (Nasdaq: PLUG), a leading developer of hydrogen fuel cell-based power systems for electric lift trucks is trading up 1.12% following a September 3, 2008 joint announcement with Maxwell Technologies, Inc. (Nasdaq: MXWL ) that Plug has selected Maxwell’s BOOSTCAP® ultracapacitors to enhance performance and energy management in its line of GenDrive(TM) power units.

David Schramm, Maxwell’s president and chief executive officer, said that Plug Power has placed a purchase order for Maxwell’s BOOSTCAP MC2600 2,600-farad ultracapacitor cells to be delivered during the third and fourth quarters.

“Plug Power is a leading integrator of fuel cell-based power solutions for zero-emission material handling vehicles, such as electric lift trucks, as well as other continuous and backup power applications,” Schramm said. “This innovative combination of technologies is another example of the synergy between hydrogen fuel cells’ extended energy output and ultracapacitors’ short duration burst power capabilities.”  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

RASER TECHNOLOGIES INC – to develop 100,000 acres in West Java for Indonesia Power

Raser Technologies, Inc. (NYSE Arca:RZ) is trading up 5.24% following the Company’s September 3, 2008 announcement that it was chosen to develop, in conjunction with Indonesia Power, over 100,000 acres of geothermal resources to build an estimated 110 megawatts (MW) of geothermal power in West Java, Indonesia’s most populated island. The 412 square kilometers concession surrounds the Tangkuban Perahu volcano, approximately 15 miles north of Bandung, the capitol of the West Java Province. Bandung has over 2 million people and is the largest city in the West Java Province, which has over 35 million residents.  To read the entire story, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

COMPOSITE TECHNOLOGY CORPORATION – Promotes Bob Rugh to President of DeWind Inc.

Composite Technology Corporation (CTC) (OTCBB:CPTC) is trading up 2.88% following the Comany’s September 3, 2008 announcement that Robert C. (Bob) Rugh has been promoted to President of DeWind, Inc., a subsidiary of CTC. Previously, Mr. Rugh served DeWind as Executive Vice President of Operations, under DeWind President Marvin Sepe, who will remain CTC’s Chief Operating Officer and will oversee both our DeWind and CTC Cable business subsidiaries. To read the entire story, click here:

FLORIDA POWER & LIGHT COMPANY – Files for 7% Increase in Rates but Still Cheapest in Florida Thanks to Alternative Energy

Florida Power & Light Company (NYSE: FPL) is trading down 2.2% following the Company’s September 3, 2008 announcement that its preliminary estimates for 2009 customer bills will require an increase in January of about 7 percent over the December 2008 bill.

The primary components of the adjustment include pass-through fuel costs, previously announced investments in nuclear power generation, and energy conservation costs. Bill estimates are subject to change based on fluctuation in fuel prices, the potential impact of hurricanes and other factors which cannot be anticipated. Any increases must be approved by the Florida Public Service Commission (PSC).
For a typical 1,000 kilowatt hour customer bill, the January 2009 bill would be $8.29 more than the December 2008 bill. At $119.41, the 2009 bill would be among the lowest of all electric utilities in Florida.  To read the entire story, click here:

EVOLUTION SOLAR CORP -  Unveils Plans for Solar HVAC units

Evolution Solar Corp (Pink Sheets: EVSO) is trading flat following the company’s September 3, 2008  unveiling of plans for energy conversion appliances including a complete line of unique of solar powered air conditioning and heating units.

Energy conversion appliances derive a large percentage of their energy needs from alternative or renewable energy sources such as solar energy. The technology is similar to existing heat pumps except the primary source of power is solar and the secondary back up is grid enabled with auto switch over ability.
“Green Technology presents us the greatest marketing opportunity as it touches the lives of nearly every individual on the planet,” explained Robert Kaapke, CEO of Evolution Solar. “We expect that Congress will pass a multi-year extension of the solar investment tax credit in the first half of 2009 with higher residential credits and utility participation,” he continued.

Evolution Solar recently acquired Synergy Development, a Research and Development Company based in Shanghai, China, to develop its line of proprietary Green Technology and Energy Conversion Appliances.  To read the entire article, click here:

Visit Alt-EnergyStocks.com – Your resource for Alternative Energy Stocks

©2012 Alternative Energy Today. All Rights Reserved.