New Energy IPOs

by Debra Fiakas CFA IPO Wordcloud photo via BigStock Investors looking for a piece of the public offering action from the alternative energy industry have been sorely disappointed in recent months.  The last big initial public offering in the sector was SolarCity, Inc. (SCTY:  Nasdaq) in December 2012.  Then in April 2013, there was an initial public offering of the REIT Hannon Armstrong Sustainable Infrastructure Capital (HASI:  Nasdaq).  Anyone looking for bragging rights to IPO shares will have to look to the...

Investor Enthusiasm for Graphene: Strong as Graphene

Tom Konrad CFA Graphene is going to transform clean tech in less than five years. That, at least, is the opinion of the majority of the respondents to my reader poll about how graphene is likely to affect clean tech stocks.  This is in marked contrast to the caution expressed by the the responses from my panel of professional money managers who invest in clean tech stocks. (Their responses are the subject of a previous article on graphene investing.) I think Shawn Kravetz, President of Esplanade Capital,  LLC, and manager of solar-focused hedge...

Graphene Stock Investing: What The Pros Think

Tom Konrad CFA Flexible Graphene Sheet image via BigStock  Graphene is a crystalline form of carbon in which carbon atoms are arranged in a regular hexagonal pattern. It is very strong, light, and an excellent conductor of heat and electricity. It is also nearly transparent. New laboratory  techniques for creating large sheets of graphene, including a roll-to-roll production process, have triggered an explosion of research into new practical applications taking advantage of graphene’s unique properties. Some potential cleantech applications are solar cells, ultracapacitors, water filtration and...

How to Read a Sustainability Report: Five Tips

Five tips to help you make sense of the next sustainability report you read Reading Sustainability Reports photo via BigStock   By Marc Gunther. This article was first published on Ensia.com. Corporate sustainability reports have been around since … well, it’s hard to say.  The first report may have been published by “companies in the chemical industry with serious image problems” in the 1980s, or by Ben & Jerry’s in 1989 or Shell in 1997. No matter since then, more...

Insiders Are Buying These Five Canadian Cleantech Stocks

Tom Konrad CFA In the US insider trades are easily found on the SEC website, stock exchange websites, and financial aggregation sites.  No so in Canada.  A search for insider trades for a Toronto-listed stock on Google will turn up all the financial aggregation websites, but they don’t have any data. The TSX has more clean technology listings than any other exchange worldwide, many of which are truly international.  I follow several, so I was thrilled when I came across CanadianInsider, where anyone can peruse recent insider trades for Canadian listed companies. Of the 14...

Energy Efficiency and Solar Lead Alternative Energy Stocks Skyward

By Harris Roen Industry Day Week Qtr Year Energy Efficiency -0.3% 2.3% 18.7% 49.9% Environmental -0.2% 1.1% 9.8% 11.8% Fuel Alternatives -0.3% 1.3% 19.6% 29.2% Smart Grid -0.1% 2.4% 9.5% 31.9% Solar 0.5% 6.8% 40.3% 52.8% Wind 0.0% 2.1% 9.7% 21.6% Average -0.1% 2.7% 17.9% 32.9% Data as of: 7/17/2013 Alternative energy stocks are up over 30% on average for the year, reflecting impressive gains off of widely oversold lows in 2012. Almost three-quarters of...

The Next Tesla Or SolarCity

Tom Konrad CFA Andrew Shapiro Speaking at the Renewable Energy Finance Forum – Wall Street this morning, Andrew Shapiro, the Founder of Broadscale Group, presented his ideas on how small clean energy companies can succeed: Collaborate with big corporations.  That does not mean going cap in hand looking for the cash those companies can bring, but forging collaborative partnerships where interests are aligned with a corporate investment, and leveraging the reach and scale of those companies to rapidly achieve scale that entrepreneurs have trouble finding on their own....

Does Buying Green Stocks Do Any Good?

Tom Konrad CFA Volt owners are almost universally happy with their cars, despite the fact that very few will recoup the extra costs of the car in gas savings.   Even though the financial savings are small compared to the large up front payment for the vehicle, the emotional payback more than compensates. As someone who helps people invest in green stocks, I can tell you from first hand experience that investor enthusiasm has everything to do with recent financial returns, and not much to do with the good we’re doing. In 2007, when practically any stock which could be...

The iCloud’s Green Lining

Meg Cichon Just one year after Greenpeace called out Apple, Inc. (AAPL) for its use of fossil fuels in its "How Green Is Your Cloud" report – which graded Apple no higher than a "D" in four categories consisting of energy transparency, infrastructure siting, energy efficiency, and renewables and advocacy – Apple announced that its data centers are now powered by 100 percent renewable energy. In fact, renewables contribute to 75 percent of its entire corporate operations energy needs, according to its website. The 2012 report cites Apple’s planned expansion into “iDataCenters” to support its booming iCloud services,...

China: The Rise of the Global New Energy Scavenger

Doug Young King Vulture Sarcoramphus papa. Photo by Hein waschefort via Wikimedia Commons. New reports that major car maker Dongfeng Motor (HKEx: 489) is bidding to buy a struggling US hybrid car maker are casting a spotlight on China's emerging role as scavenger for global new energy companies struggling to stay in business. A number of factors are driving this budding trend, led by the fact that many of these Chinese suitors are relatively cash rich and in a good position to provide much-needed funds for cash-starved western new...

Earnings Season – Alternative Energy Stocks to Watch

By Harris Roen Some 44 companies active in alternative energy have reported earnings in January 2013. Results have been all over the map, so it is important for alternative energy investors to know where to be cautious, and where the best potential profits are to be found. Below is a summary of selected earnings results from alternative energy companies that the Roen Financial Report tracks. Date Linear Technology Corporation (LLTC) More Info 1/15 Earnings came in on target for this integrated circuit company, but EPS were down 16%...

Alternative Energy Investing for 2013

By Harris Roen 2013 is poised to be an exciting year for alternative energy investors. Despite the conflagration solar had in 2012 we see opportunities there, as well as in wind and energy efficiency. This article also reveals why 2013 is shaping up to be a good year for the stock market in general, and alternative energy in particular. ________________________ Solar If 2011 was a bad year for solar, with the bankruptcy of Solyndra, tariff wars with China, and other damaging events, then 2012 was a disaster. The Ardour Solar Energy Index (SOLRX) lost 35% in...

Inevitable Shifts and Indispensable Technologies

Next Economy Inflection, Pt. III Garvin Jabusch Back at the New Year, I thought it’d be fun to write up a short recap of some of the evidence that, finally, the world is waking up to the real need to get our economies on a footing that can allow it to persist indefinitely. In that post I wrote of those observations that “these are just the first few recent ‘tipping point’-like stories to come to mind. I've read dozens more examples recently, and I feel the fact that I can no longer be aware of all the evidence...

The Next Economy in 2012: Progress Towards Inflection

Green Alpha Advisors' Annual Client Letter and Portfolio Commentary Garvin Jabusch and Jeremy Deems 2012 saw a return to positive performance for the next economy and for markets overall. Generally, global economic conditions, as indicated by some jobs growth, slowly improving industrial output and a housing rebound, improved marginally, but debt crises in Europe and America, exacerbated by eternal dithering, gamesmanship and posturing by politicians and other policy makers on both continents, kept optimism in check and moderated expectations for growth. With respect to the next economy, though, growth and expectations for growth began showing real signs of building...

Earnings Are Mixed for the New Year

By Harris Roen There have been six earnings reports released so far in 2013 for alternative energy stocks, all small or microcap companies. There were no blowouts, but also no superstars – most were within analyst expectation or somewhat below.  Date DayStar Technologies Inc. (DSTI) More Info 1/7/2013 Revenues remain elusive for this thin cell PV producer. EPS dropped about 10%, and gross losses doubled. The stock is down 35% for the year, but has bounced up 20% for the quarter. SEC...

2013: Green Economy Inflection Point

Garvin Jabusch There are a few truths that make the fundamental case that investing in the emerging next economy is the clearest path to long term competitive portfolio performance. First, innovation – meaning improving economic output without increasing material or capital inputs - always wins. This is simply how capitalism works, money chasing the best ideas, and has been the basis of the industrial revolution. Second, successfully mitigating the worst effects of economically and societally disastrous climate change (that we're not already irreversibly committed to) will save enormous costs, provide generational investment opportunities and also be inestimably economically stimulative....