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January 31, 2005

United Solar Ovonic Signs Two-Year Agreement With Conergy AG for 1.5 MW of Photovoltaic Products

ecd_logo.gifEnergy Conversion Devices Inc (ENER) announced today that it has signed a two-year distribution agreement with Conergy AG of Germany for 1.5 MW of photovoltaic (PV) products.

Conergy AG, a supplier of solar systems based in Hamburg, will distribute UNI-SOLAR(R) products in France, Greece, Spain, and Switzerland through its main subsidiaries. [ more ]

RCAI Signs New Exclusive Distributorship Agreement with Topia Energy for Biodiesel

Reclamation Consulting and Applications Inc (RCAA) announced that it has signed a new Exclusive Distributorship Agreement with Topia Energy, Inc. for the sale and distribution of biodiesel.

Ottawa-based Topia Energy, Inc. is Canada's largest commercial producer and supplier of biodiesel fuel oils with production capabilities throughout North America. Biodiesel is the only fuel to be classified as entirely non-toxic; it biodegrades faster than sugar, is ten times less toxic than table salt and produces exhaust that some say smell like popcorn or French fries. [ more ]

AltEnergy ETF Shares to start trading on Feb 4.

The new Alternative Energy ETF, which will be managed by PowerShares Capital Management, will track the WilderHill Clean Energy Index, a benchmark calculated by the Amex that was launched in August. The Amex collaborated with index provider WilderShares, LLC in developing the index. It will start trading on the AMEX on February 4th.

The index contains 37 companies that use greener and renewable energy alternatives such as wind, solar, and hydrogen fuel cells. I'm searching for a ticker and will post it once I can find it. Post a comment if you find it before I do.

January 28, 2005

Arotech Receives Order from US Air Force for Man Portable Zinc-Air Batteries

artx_logo.gifArotech Corporation (ARTX) announced today that its Battery and Power Systems Division has received a pilot order for its new 4th generation man portable Zinc Air battery packs from the US Air Force.

Developed and manufactured by its Electric Fuel Battery Corporation subsidiary, Arotech's new battery pack is a 12 or 24 Volt battery with a total capacity of over 400Wh and Battery Energy Density of approximately 300Wh/kg. The new battery pack is optimized for use in vests, as man portable tactical radios are typically vest-worn in holsters. The pack is also designed for use in rucksacks. [ more ]

Intrepid Announces Second Methane Gas Plant

intrepid_logo.gifIntrepid Technology and Resources, Inc. (IESV) announces it has signed the agreements to design and build its second methane production facility. This renewable energy production plant will be built on the 6000 head WestPoint Dairy near Wendell, Idaho.

ITR will own and operate the plant with the WestPoint Dairy granting a 20-year lease on the property in exchange for ITR processing the approximate 20 million tons of annual animal waste that the dairy produces. The WestPoint Dairy will retain the mineral rich liquid effluent and solid material that remains after processing. ITR will also provide the dairy with additional engineering services that maximize the effectiveness of the operation to the dairy. [ more ]

January 27, 2005

Intrepid's Gas Production Plant Achieves Fully Automated Status

intrepid_logo.gifIntrepid Technology and Resources, Inc. (IESV) announces the company's flagship Methane anaerobic digester located at the 4000 head Whitesides Dairy near Rupert Idaho has achieved a fully automated operational status.

The anaerobic digester, which processes animal and industrial waste products, produces substantial quantities of Methane gas as a by-product. Methane is the primary combustible component in normal household and commercial natural gas.

ITR intends initially, to sell the excess gas to a pipeline carrier. However ITR will, in 2005, power an alternate fuel vehicle with this gas making ITR one of the few companies ever to take animal waste and utilize it to power a car or truck in the United States. This will also make ITR's compressed natural gas (CNG) filling station in Idaho Falls the first commercial station in the U.S. to dispense gas from a waste product for vehicle use. [ more ]

Protonex and Millennium Cell to Demonstrate Portable Power System at the Tactical Power Sources Summit in Virginia

Millennium Cell Inc (MCEL) announced that they will be displaying a prototype 30 Watt portable power system at the Tactical Power Sources Summit Conference. The conference is being held from January 31st through February 2nd at the Sheraton National in Arlington, Virginia.

This integrated power system will be the first deliverable under a previously announced U.S. Air Force Research Laboratory, Dual Use Science and Technology ("DUST") contract awarded to Protonex. Under this program, Protonex and Millennium Cell are integrating Millennium Cell's hydrogen energy system with Protonex's PEM fuel cell system to provide an integrated fuel cell power source to provide critical soldier power for extended field missions. The prototype system is scheduled to be delivered to the Air Force in February of 2005. [ more ]

January 24, 2005

Quantum Awarded Fuel System Production Contract for General Motors' 2006 Natural Gas Sierra and Silverado Pick-Up Trucks

qtww_logo.gifQuantum Fuel Systems Technologies Worldwide Inc (QTWW) will provide the engineering effort to accommodate the model year changes for the fuel system. Quantum will also produce the alternative fuel systems and provide the specialty vehicle assembly of the fuel systems into the new trucks. In addition to integrating roughly 250 components into the vehicle, Quantum was also responsible for the powertrain and systems engineering to ensure that the system is optimized for performance, durability, safety and emission compliance over the life of the vehicle. Quantum's engineering effort extends to the vehicles being validated through a wide range of operating extremes including hot weather, cold weather, high altitude and crash testing prior to going into production.
[ more ]

January 22, 2005

Infectech, Inc. Signs Deal With Gannon University to Build Hydrogen Bioreactor for Affordable Alternative Energy Source

Infectech Inc (IFEC) has signed a feasibility study with the Department of Environmental Science and Engineering of Gannon University in Erie, PA to develop a bioreactor which utilizes Infectech's patented bacterial culturing methods in order to produce hydrogen inexpensively.

Infectech believes the most likely method for low cost production of massive quantities of hydrogen as an alternate energy source is hydrogen combustion using Clostridia bacteria, which produces hydrogen as a by-product. Infectech has ascertained through its patent counsel that there are eleven relevant U.S. patents concerning the database containing the terms "Clostridia" and "Hydrogen Production." Infectech presently owns five of these eleven issued patents. [ more ]

January 21, 2005

Nathaniel Energy Moves Toward Completion of Final Testing of Thermal Combustors in Italy Project

Nathaniel Energy Corporation (NECX) entered into an amendment to its agreement for the waste- to-energy power plant project in Cologna Veneta, Italy, resolving the contract issues announced on November 2, 2004.

Under the amended contract, the Company received $300,000 at the time of signing, and will receive $750,000 upon the completion of final testing of the first Thermal Combustor(TM), and will receive $1,050,000 upon the completion of final testing of the second Thermal Combustor(TM). Nathaniel Energy will also receive $275,000 for reimbursement of shipping and handling costs upon the completion of final testing of the second Thermal Combustor(TM). [ more ]

Arotech's Batteries and Power Systems Division to Develop Zinc-Air Batteries for UAVs for Major US Agency

artx_logo.gifArotech Corporation (ARTX) announced that its Batteries and Power Systems Division has received a second development contract from a major US agency. Under the contract, Arotech's Electric Fuel Battery Corporation subsidiary will develop prototype zinc-air batteries for small unmanned aerial vehicles (UAVs) to achieve extended flight times. The funding is expected to cover development costs. [ more ]

Astris Energi to Unveil New E7-Powered Golf Car at Vancouver Investment Conference

astris_logo.gifAstris Energi Inc. (ASRNF) announced that it will be debuting Freedom II, its second generation AFC-powered Golf Car at the Vancouver Investment Conference on January 23 and 24.

The new, faster Freedom II is powered by Astris' recently completed 1.8kW, Model E7 AFC Generator, with more than double the power of the original model, which was the world's first alkaline fuel cell powered golf car using hydrogen. The new, silent running, emission-free E7 Generator contains two 900W Astris' POWERSTACK(tm) MC250 alkaline fuel cell stacks which provide the unit with 1.8kW nominal power with the capability to deliver a 20% overload factor that provides more than sufficient power for peak loads such as acceleration and hill climbing. [ more ]

January 19, 2005

Distributed Energy Systems Ends 2004 With Strong Fourth Quarter Revenues and Solid Backlog; Summarizes Progress on Business Development

prtn_logo.gifDistributed Energy Systems Corp (DESC) announced preliminary estimated full-year 2004 revenues of approximately $21 million, and preliminary estimated fourth quarter revenues of approximately $10 million. The Company also announced that its backlog of signed project and product commitments at year-end is approximately $25 million. This figure represents signed contracts covering energy projects for commercial and industrial clients, as well as in-house manufactured systems, including hydrogen generators and wind turbines. [ more ]

UQM Technologies Propulsion Systems and Generators Drive Hybrid Electric Transit Buses Delivered to Los Angeles International Airport

UQM_logo.gifUnique Mobility Inc (UQM) announced that two low-floor, hybrid electric transit buses manufactured by Hybrid Bus Technologies, LLC, Denver, Colorado, that are fueled by clean burning natural gas, have been delivered to Los Angeles International Airport ("LAX") and will be placed in service to transport passengers within the airport. The hybrid electric transit buses are each powered by two 100kW UQM® propulsion systems and a 100kW UQM® generator. The hybrid electric transit buses are an updated design of the 45-foot, low floor bus that has been transporting 63,500 passengers daily across the 1.3-mile long 16th Street pedestrian mall in Denver since 2000. [ more ]

Hydrogenics to Supply 10kW Fuel Cell Power Module and Test Equipment to Japan Automobile Research Institute

Hydrogenics Corp (HYGS) announced that the Japan Automobile Research Institute (JARI) in Tsukuba, Japan, has purchased a Hydrogenics HyPM® 10 power module with associated test stand to be used as part of JARI's mandate to establish standards for Fuel Cell Power Module Testing, a program sponsored by Japan's Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO). The combined delivery will be made in the first quarter of 2005. [ more ]

Astris Energi Delivers First E8 Fuel Cell Generator to Alternate Energy

astris_logo.gifAstris Energi Inc. (ASRNF) announced that it has delivered and completed the customer training on the first Model E8 Portable Power Generator covered by its value added reseller (VAR) agreement signed in May 2004 with Alternate Energy Corporation (ARGY).

The E8 Generator is the latest in a series of Astris power generators driven by Astris' AFC technology. Nominally rated at 2.4kW and providing 48 VDC power at 50 amperes of current, the E8 is targeted at stationary applications such as uninterrupted power supply, backup applications for commercial and military users, and emergency site power. Its electrical efficiency is greater than 50%, a figure unequalled by any other device in its class, and several times higher than the efficiency of conventional gas generators. The E8 Generator contains two 1200W fuel cell stacks and is the first generator powered by Astris' POWERSTACK(tm) MC250 fuel cell modules. [ more ]

January 18, 2005

Endesa Completes a New 78.4 MW Wind Power Complex in Tarifa -Cadiz-

ENDESA (ELE) will have another 78.4 MW of new wind power capacity in Andalusia once subsidiary Endesa Cogeneracion y Renovables (ECYR) completes its new wind complex in Tarifa, Cadiz province, comprising the five wind farms of La Manga, Rio Almodovar, El Ruedo, El Gallego and Cortijo de Iruelas.

The complex is wholly contained in the town of Tarifa, and has 98 wind turbines: 42 Made AE-56 and the other 56 Made AE-59, both designs being 60 metres tall with unit generating capacity of 800 kV. The complex required an investment of Euro 75 million. [ more ]

Plug Power to Install GenSite(TM) Hydrogen Generators Under Recently Awarded NYSERDA Programs

plug_logo.jpgPlug Power Inc (PLUG) announced that the company intends to install two GenSite(TM) hydrogen generators under two recently awarded programs sponsored by the New York State Energy Research and Development Authority (NYSERDA).

Plug Power will partner with award winner American Honda Motor Co., Inc., Air Products and Chemicals Inc (APD) and Homeland Energy to provide the refueling infrastructure necessary for fuel cell vehicles, including two Honda FCX's recently leased by the State of New York. [ more ]

Hydrogen Cars Are Almost Here, But...

BusinessWeek Online has published an interesting article that discusses the January Auto Show and the future of H2 cars.

When it comes to hydrogen vehicles, most car companies are counting on little under-the-hood chemical refineries known as fuel cells. Trouble is, a fuel-cell system powerful enough for a car would add roughly $100,000 to sticker prices today. And then there's an even tougher problem: Where would drivers get the fuel? Fewer than 100 filling stations in the whole world now pump hydrogen. So it could be a couple of decades before fuel-cell cars become popular enough to make a dent either in pollution or in petroleum consumption. [ more ]

January 14, 2005

Evergreen Solar and Q-Cells Form Joint Venture to Develop Solar Manufacturing Plant in Thalheim, Germany

evergreen_logo.gifEvergreen Solar Inc (ESLR) and Q-Cells AG, the world's largest independent manufacturer of crystalline silicon solar cells, today announced the formation of a joint venture to undertake the development of a 30-megawatt solar wafer, cell and module manufacturing plant in Thalheim, Germany, which is approximately 100 miles from Berlin. Construction of the facility is currently expected to begin in early 2005 and take approximately 12 months to complete. The total capital cost for all property, plant and equipment for the 30-megawatt factory is expected to be approximately $75 million. Evergreen Solar will own 75.1% of the joint venture; Q-Cells will own 24.9%. [ more ]

Proton Receives University of Nevada, Las Vegas Research Foundation Phase II Contract Award for Hydrogen Filling Station

prtn_logo.gifDistributed Energy Systems Corp (DESC) announced a contract award valued at nearly $1.2 million with the University of Nevada, Las Vegas Research Foundation, or UNLVRF. This is a follow-on to the Phase I contract under which Proton and the UNLVRF team are developing a hydrogen filling station capable of operating on solar power for installation in Las Vegas, Nevada. [ more ]

January 11, 2005

Universal Communication Systems Inc. Subsidiaries Millennium Electric TOU Ltd & Solar Style Inc. Respond to Worldwide Appeal for Assistance and Emergency Aid: Companies Donating 1,000 Portable Solar Chargers for Use in the Disaster Areas

Universal Communication Systems Inc (UCSY) announced today that the companies are jointly donating 1,000 Portable Solar Chargers for the International Aid Workers and delegations leaving for the areas affected in the recent Tsunami disaster. [ more ]

Ener1 to Acquire Giner Electrochemical's Fuel Cell Business

ener1_logo.gifENER1 INC (ENEI) announced it has signed letters of intent to acquire Giner Electrochemical Systems, LLC (GES), a privately held company located in Newton, Massachusetts, that specializes in the development of fuel cell technologies and products. GES is currently owned by Giner, Inc. and General Motors Corp.(GM). GES will maintain its existing GM multi-year contracts (totaling several million dollars) and its broad research and development relationship with GM going forward. [ more ]

Samsung Orders 1.5 MWs of Capstone MicroTurbine Energy Systems

Samsung Corporation placed an order for 1.5 megawatts of microturbines with Capstone Turbine Corp (CPTC) in a deal worth more than $1 million.

Samsung Corporation, the Korean distributor of Capstone MicroTurbine(TM) combined heat and power systems, will install four C60 models at their Samsung Plaza headquarters, 11 at a hospital and 10 at a high-rise apartment complex. Two Capstone C30 units will be deployed in a biogas application project.

January 10, 2005

Power Integrations Enables Manufacturers to Earn the ENERGY STAR Label on External Power Supplies

Power Integrations Inc (POWI) announced that its EcoSmart technology enables manufacturers to earn the Energy Star label for their external power supplies. An expansion of the Energy Star program announced this week by the U.S. Environmental Protection Agency addresses external power supplies, the adapters that power such products as cell phones, MP3 players, digital cameras, PDAs and many other household and office devices. [ more ]

January 07, 2005

Spire Provides BIPV Systems to Chicago's Green Commercial Center

Spire Corp (SPIR) announced the completion of Building Integrated Photovoltaic ("BIPV") Systems at the Bethel New Life Lake-Pulaski Commercial Center. The commercial center, located on the West Side of Chicago, will house a day care facility, commercial enterprises, a clinic and employment services.
The Lake-Pulaski Commercial Center has two BIPV systems. One, approximately 25 kilowatts in size, is a roof-tile system; the other is a 7-kilowatt awning system. The BIPV awning system is the first commercial building appearance of clear back-sheet photovoltaic modules locally manufactured by Spire Solar for a greater appeal to aesthetics. The awnings will improve the building's year-round energy performance, reduce glare and increase occupant comfort. [ more ]

January 06, 2005

First Hybrid Fuel Cell Vehicle Goes on Sale from ZAP

zap_logo.gifZAP (ZAPZ) unveiled a hydrogen fuel cell powered pickup as well as a new lithium battery technology at the Consumer Electronics Show. ZAP is forming a new division of the Company to focus on advanced energy technologies alongside its efforts to market advanced transportation.

ZAP's fuel cell technology partner, Anuvu Incorporated, converted the Nissan Frontier 4-door pick-up truck on display at CES. An innovative hybrid fuel cell system powers the vehicle on hydrogen and electricity. [ more ]

Hydrogenics Corporation Succeeds In Bid for Stuart Energy Systems Corporation

Hydrogenics Corp (HYGS) announced that it has been successful in its offer to acquire Stuart Energy Systems Corp (SRNYF). 31,382,226 Stuart Energy shares, representing approximately 86% of the issued and outstanding Stuart Energy shares (80% on a fully diluted basis), have been deposited to the Offer. The Offer was made at an exchange ratio of 0.74 Hydrogenics shares for every Stuart Energy share. [ more ]

January 05, 2005

Zap to Unveil Lithium Battery for Laptops at CES in Las Vegas

zap_logo.gifZAP (ZAPZ) is at the Consumer Electronics Show in Las Vegas to unveil its new battery system to one of the world's largest events for the electronics industry. A pioneer in electric cars, scooters, bicycles and other advanced transportation technologies, ZAP is establishing an energy division for the advanced energy technologies it has been developing for cars and packaging it for the electronics industry. [ more ]

Wind turbines taking toll on birds of prey

USAToday.com has an article discussing the perils of wind energy and the ecological effects to local bird wildlife. [ more ]

After years of study but little progress reducing bird kills, environmentalists have sued to force turbine owners to take tough corrective measures. The companies, at risk of federal prosecution, say they see the need to protect birds.

The biggest concern is the Altamont pass near San Francisco.

Altamont Pass bird kills have been known for years, but turbine owners and federal regulators ignored them except to urge more research, says Miller of the Center for Biological Diversity. But a California Energy Commission study in August found bird fatalities much higher than had been thought and laid out steps to limit them.

This is just more fuel to the fire to get the Altamont pass upgraded. The newer technology and taller structures have decreased bird fatality. These future upgrades will reflect positively to the Wind generation stocks.

January 04, 2005

My Stock Picks for 2005

At my real job, a group of us have a yearly stock picking contest. Some years I have performed well, others have been terrible (last year my total performance for my picks was a miserable -13%.) The winner of 2004 was up over 50%. Her method, spread out the newspaper, take 3 M&M candies and throw them up in the air. She picked the 3 stocks the candies landed on.

The rules of our little contest are simple. Pick three stocks that trade for over $5. We buy at the close on the first trading day of the year (yesterday) and sell at the close on the last trading day of the year. We then average the performance of the 3 stock picks and don't count dividends.

This year I decided to pick only AltE stocks and here are my picks for 2005.

Mechanical Technology Inc (MKTY) is primarily engaged in the development and commercialization of direct methanol micro fuel cells (DMFCs) through its subsidiary, MTI MicroFuel Cells Inc. (MTI Micro) and in the design, manufacture and sale of high-performance test and measurement instruments and systems through its subsidiary, MTI Instruments, Inc. MTI also co-founded and retains an interest in Plug Power Inc., a designer and developer of onsite energy systems based on proton exchange membrane fuel cells.

Syntroleum Corp (SYNM) is engaged in the research and development of the syntroleum process, a process designed to convert natural gas or synthesis gas into synthetic liquid hydrocarbons, and activities related to commercialization of the syntroleum process.

Fuelcell Energy Inc (FCEL) is engaged in the development and commercialization of carbonate fuel cell technology for stationary power generation.

As in years past I purchased shares in each of these stocks (I already own FCEL and bought more.)

Ormat Technologies Enters Into Power Purchase Agreement for the Supply of 22 MW from Recovered Energy Power Generation

Ormat Technologies (ORA) announced that through a newly established project subsidiary, it has entered into a 25-year Power Purchase Agreement (PPA) with an electric utility according to which ORMAT will supply approximately 22 MW from recovered energy generation power plants. The power plants are to be constructed by ORMAT between 12 and 18 months from the effectiveness of the PPA. The power plants will be constructed on gas compressor stations along a Natural Gas pipeline in the Midwestern United States. [ more ]

January 03, 2005

How to Build Your Sustainable Portfolio

Rona Fried at SustainableBusiness.com has written a good article on how to get started on building a Green portfolio. [ more ]

Electro Energy Receives Approval for NASDAQ SmallCap Market Listing

eeei_logo.gifElectro Energy Inc (EEEI) announced it has received approval for listing on the NASDAQ SmallCap Market. The company's common stock is expected to begin trading on the NASDAQ SmallCap Market on December 31, 2004 under the symbol "EEEI." [ more ]

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