3 EVs in the News: The Week In Cleantech: 6-15-2012
June 18: Is First Wind's New Joint Venture Worth $3 Billion?
JS: First Wind Holdings, LLC (First Wind) and Emera Inc. (TSX:
EMA) announced today the closing of their transaction to jointly
own and operate wind energy projects in the Northeast U.S. through
a new company called Northeast Wind Partners. More
June 19: Rio Earth Summit Looks Unlikely to Mend Broken Promises
TK: The optimism of 20 years ago has been replaced by
disillusionment and an uncertain future. More
June 20: Renewable Energy Industry Pushes Back Against Bad Press
TK: The American Council on Renewable Energy (ACORE) launched a
new resource to counter misinformation about energy. ACORE
and its members will respond to news items on EnergyFactCheck.org and @EnergyFactCheck
on Twitter. More here
June 21: CTA Orders First Battery Electric buses from New Flyer
TK: The two buses will be used in a Chicago Transit Authority
pilot program to determine how they perform in Chicago's cold
climate. The New Flyer (TSX:NFI, OTC:NFYEF)
will be based on the company's light Excelsior chassis and feature
traction drives from Siemens (NYSE:SI).
June 22: Tesla Launches the Model S: Make or Break?
TK: The first Tesla (NASD:TSLA)
model S will be delivered today. There has been much
speculation this week about its likely success or failure, and
what it will do to the company's stock. But around the world
in China, officials confirmed that Kandi Technologies (NASD:KNDI)
will be part of the City of Hangzhou's 20,000 vehicle rental
program. Already profitable from selling off-road vehicles,
there's no question about EVs breaking Kandi, and making large
profits on mini-EVs in China is looking more certain by the
TK: Long NFYEF, KNDI.
JS: No positions.