Monthly Archives: July 2016

Ten Clean Energy Stocks For 2016: Quick July Update

Tom Konrad, Ph.D., CFA My Ten Clean Energy Stocks for 2016 model portfolio had yet another strong month, as did my real managed portfolio, the Green Global Equity Income Portfolio (GGEIP.)  The shorter-format of last month's update turned out to be popular, so I'm doing it again. July Total Return July Benchmark Return YTD Total Return YTD Benchmark Return 10 Clean Energy Stocks 8.5% 5.5% 15.3% ...

Tax On E85 Renewable Fuel Soars

Jim Lane The US passed a dubious and historic milestone this week. The tax rate on E85 renewable fuels now exceeds 100% in some formulations. By comparison, the tax rate on E10 renewable fuel is running at an estimated 41% and the tax rate on straight gasoline is running at an estimated 35%. As Shakespeare observed in Measure by Measure, “some rise by sin, and some by virtue fall”. Now, the idea of a carbon tax is that governments are supposed to collect more tax against high-carbon fuels. Yet, policy in practice works the other way. The less carbon...

GlyEco Expands Antifreeze Recycling Footprint

by Debra Fiakas CFA Glyeco recycles waste glycol into reusable antifreeze, windshield wiper fluid and air conditioning coolants for the automotive and industrial markets.   The used coolant and antifreeze liquids are frequently contaminated with water, dirt, metals and oils.  The company uses a proprietary technology at the foundation of its recycling system to eliminate contaminants.  The company focuses mainly on ethylene glycol in its six processing plants. Last month chemical recycler GlyEco, Inc. (GLYE:  OTC/QB) acquired Brian’s On-Site Recycling, a provider of antifreeze and air conditioning coolant disposal services in the Tampa, Florida area.  The deal extends...

American Refining Group Joins Amyris And Cosan In Renewable Base Oil JV

Jim Lane IIn California, American Refining Group has committed to a 33.3% equity investment into Novvi , a joint venture of Amyris (AMRS) and Cosan (CZZ). Both Amyris and Cosan will continue to hold share ownership stakes in Novvi, together with ARG. It’s not a tiny market by any means. The global markets for base oils and lubricants, are expected to reach $42 billion and $70 billion in size, respectively, by 2020, according to Amyris. For ARG: Why Novvi, why now? Think novel performance. It goes in two directions. First, there’s low-carbon performance customers want...

Microgrids: The Electric BTM Line

by Joeseph McCabe, P.E. Which vendors at Intersolar 2016 in San Francisco supply the best behind the meter self generation microgrid solutions?  I’ve asked similar questions about utility owned inverters, storage, and microgrids at previous Intersolars. This year I looked into the microgrid highest value propositions for photovoltaics (PV). What is a microgrid, and why they are coming of age now? A microgrid is a distinct electric system consisting of distributed energy resources which can include demand management, storage and generation.  Loads are capable of operating in parallel with, or independently from, the...

Broadwind: Major Order, But Still Looking For The Right Size

by Debra Fiakas CFA Last month wind tower manufacturer Broadwind Energy (BWEN:  Nasdaq) announced a major new tower order from a major U.S. wind turbine manufacturer. The customer was not named, but the likely suspects are not hard to round up.  General Electric (GE:  NYSE) is the largest U.S.-based wind turbine producer with about 9.1% of the total world market according to BTM Navigant, an industry research firm.  While substantially smaller in size, Northern Power Systems, PacWind and Xzeres are also important competitors in the wind energy industry.   Clearly General Electric as a customer has the greatest financial...

Tesla and SolarCity: When Acquisition Strategies Run Amok

by Paula Mints When two companies with negative financials and high debt marry a good response to the nuptials is … Huh? When Toto pulls back the curtain in the Wizard of Oz to reveal that the Wizard is just a normal man with no special powers the Wizard says: Pay no attention to the man behind the curtain. In the case of the proposed stock acquisition of SolarCity by Tesla pulling the curtain would reveal two debt ridden companies with cash flow problems. Just the Facts Please The facts are: two companies with...

Amyris: Biochemical Bargain?

Industrial bio-chemical developer Amyris, Inc. (AMRS:  Nasdaq) has been in the headlines recently  -  some pointing to solid fundamental progress, others ‘not so much.’  Amyris recently announced a new relationship with Givaudan (GIVN: VX), a supplier of active ingredients for cosmetics.  The two have agreed to collaborate in research and development on proprietary fragrances.  Earlier this month Amyris announced the launch by Takasago International Corporation (TYO:  4914) of a new fragrance created with Amyris’ technology. Cosmetics and fragrances present large market opportunities and the strength of demand for personal care products supports strong profit margins.  The relationships are likely...

Ten Clean Energy Stocks For 2016: Quick June Update

Tom Konrad, Ph.D., CFA  June was another good month (and capped a strong first half of the year) for my Ten Clean Energy Stocks for 2016 model portfolio. This update's going to be a short one, but here are the basic stats: June Total Return June Benchmark Return YTD Total Return YTD Benchmark Return 10 Clean Energy Stocks 3.3% 0.6% 6.8% -2.8% 7 Clean Energy Income Stocks...