Are the Declines in Solar and Wind Stocks Structural, or Cyclical?

Tom Konrad, CFA Last week, I asked three green money managers if they thought cleantech stocks, especially solar and wind sectors were near a bottom.  While they did tell me about eight cleantech value stocks, they were not ready to call the bottom. Commoditization in Clean Energy In response to my questions, Rafael Coven, the manager of the Cleantech Index (^CTIUS), which is the index behind the Powershares Cleantech Portfolio ETF (PZD,) ...

ETS Interview: LEDs and Energy Efficiency

Today, Energy Tech Stocks has the fifth installment from our interview, outlining my LED stock picks.  He quotes me at the start saying that it's "going to be a gigantic market" about LEDs.  It is, but only when compared to the current size of the market... you can ramp up a lot from a very small base.   LED bulbs are increasing in brightness and decreasing in price rapidly.  It's these quickly improving economics that make me bullish about LEDs.   Unlike many energy efficiency technologies, LEDs are a product that a business can sell.   Much of energy efficiency involves...

Money Managers See Value in Clean Energy Sector, but Hesitate to Call the Bottom

Tom Konrad CFA Three green stock specialists see individual stocks at attractive values, but think it's too soon to call the bottom for the sector as a whole. Last month, I wrote that I'm again finding clean energy stocks that I think are bargains, and listed ten.  I was not ready to call a bottom for clean energy, and in fact said I expected the market to get worse before it gets better, so investors should keep some money on the sidelines to wait for more opportunities to emerge. In a little over a month...

US Yieldcos Will Survive

by Susan Kraemer As unrealistic expectations of dividend growth are scaled back, yieldcos are now on a more sustainable path. Weaknesses in the US yieldco model came into sharp relief this summer as share prices fell along with oil and gas stocks. This was in part due to investor confusion about energy stocks but also in response to a flaw in US yieldco expectations. Manager of the Green Global Equity Income Portfolio and AltEnergyStocks.com editor Tom Konrad Ph.D., CFA had warned of the looming potential for exactly this kind of market correction in a conversation a...

Three Green Money Managers; Six Green Stocks for 2013

Tom Konrad When I asked my panel of green money managers their predictions for trends 2013, I got enough material for four articles: On where the cleantech sector is heading in 2013, as well as on Solar, Smart Grid, and LED technology. I also asked them for stock picks, some of which I included in the previous articles.  Several had opinions about EnerNOC (NASD:ENOC), which I wrote about here, and two picked LED stocks Veeco Instruments (NASD:VECO) and Universal Display Corp. (NASD:PANL), which I discussed here. Since I just published my annual model portfolio of...

A Clean Energy Inflection Point in 2013? The Best ETF to Play the Trend

Tom Konrad In 2007, it seemed like clean energy was finally becoming mainstream.  Both candidates for the US Presidency accepted the need to act on global warming, even if they did not agree on the degree, and clean energy stocks were rising even faster than the broad stock market. Then came the 2008 financial crisis, and many Americans discovered they had much more immediate worries than the slow but inexorable warming of the planet.  Fossil fuel interests and the politicians who benefited from their donations  played to the new mood by providing a worried populace with the excuse they wanted...
BTU

Interview on the Bigger Than Us Podcast

Here's an interview https://bit.ly/3dv5ywg I did for the Bigger Than Us podcast. I'm very impressed with Raj Daniels, the interviewer... he saw patterns in my approach to investing (and life in general) that, before he drew them out of me and put them into words, I had not even recognized myself. https://anchor.fm/nexuspmg/episodes/74-Tom-Konrad-Ph-D---CFA--is-an-investment-analyst-and-writer-focused-on-clean-energy-stocks-eftq3v/a-a2i8ffh

Three Money Managers See LED Industry Shining in 2013; Their Stock Picks

Tom Konrad LED lights on an outdoor tree. Photo by author This is the third article in my series based on my panel of green money managers’ predictions for 2013.  The first article looked at what they expect 2013 holds for the Solar industry, and the second looked at their predictions  for the Smart Grid.  This installment focuses on the LED industry. Jeff Cianci: Faster than Anyone Expects Jeff Cianci is Chief Investment Officer at equity investment fund Green Science Partners. Cianci says “The trend toward LED lighting for...

The Biggest Unheard Boom of 2006 in Cleantech, Smart Metering, and Energy

Author Neal Dikeman is a founding partner at Jane Capital Partners LLC, a boutique merchant bank advising strategic investors and startups in cleantech. He is the founding contributor of Cleantech Blog, and a Contributing Editor to AltEnergyStocks.com. In one of the less talked about cleantech mergers and acquisitions of 2006 (but one I think will have a deep impact on alternative energy and the smart metering and AMI market for years to come), First Data recently acquired Peace Software, an early provider of IT, billing, and CRM software to the deregulated utility sector, in a bid to get...

A Conversation with Ambassador Sklar on Solar in San Francisco

By Neal Dikeman, Partner, Jane Capital Partners LLC, Founding Contributor, Cleantechblog.com, and Contributing Editor, AltEnergyStocks.com. This week I had an opportunity to have a conversation with Ambassador Richard Sklar, the President of the San Francisco Public Utilities Commission, on renewables and solar power in San Francisco. This is his second stint at the SF PUC, and besides a time in politics, Ambassador Sklar has served as an executive in and advisor to private manufacturing and engineering firms. I had met him and several of the top SF PUC team at Solar 2006 in San Jose, and had been...

Interview With Nathaniel Bullard On Fossil Fuel Divestment

by Tom Konrad CFA Renewable Energy World asked me to write a commentary on Bloomberg New Energy Finance's recent report on the difficulties institutional investors are likely to have divesting from fossil fuels.  The report details how the scale, yield, liquidity, and historic growth of the oil and gas sector are impossible to match with any other investment sector. While this is quite true, much of the other coverage has missed the point.  Ironically, I thought Bloomberg News' coverage was some of the worst, because it focused on the least important aspect of fossil fuels...

Live Interview/Call in on Denver PBS Station KBDI 12

A quick note to Denver area readers:  AltEnergyStocks.com Analyst Tom Konrad will be a guest on local PBS show Studio 12 from 8-9PM CDT Wednesday, September 2.  This will be a panel discussion on Alternative Energy, and other guests are likely to be a representative of the natural gas industry, and one of the authors of Energy Sprawl or Energy Efficiency: Climate Policy Impacts on Natural Habitat for the United States of America from the Nature Conservancy.  They're also trying to get local environmental bête noire, Stan Lewandowski. Viewers will be able to call in and ask questions of...

Cleantech Venture Capital – Still Rising

As part of our ongoing series on stories on investment in the cleantech sector, we had a chance to discuss the sector with one of the venture capitalists at Emerald Technology Ventures. Scott MacDonald is an Investment Director with Emerald Technology Ventures, a global leader in cleantech venture capital. Founded in 2000 under the name SAM Private Equity, Emerald is a pioneer in this rapidly emerging sector and is focused on innovative technologies in energy, materials and water. With offices in Zurich, Switzerland and Montreal, Canada, Emerald manages three venture capital funds and two venture capital portfolio mandates...

Interview with Ray C. Anderson, of Interface Inc.

Tom Konrad, CFARay Anderson, the pioneering founder and Chairman of Interface, Inc. (IFSIA) was an early pioneer of sustainable enterprise.  We recently had the opportunity to interview him on the benefits he sees for investors from corporate sustainability (full transcript follows.)I've recently been thinking about corporate sustainability (in the green sense) and how it relates to  corporate sustainability (in the business survival sense.)  Since I expect business conditions to be more difficult in the coming years than they have been in the past, any edge in resilience a company might gain from pursuing sustainability may be useful, both on...

ETS Interview: The Will the Real Transportation Fuel of the Future Step Forward

For macro reasons, I think that the next generation liquid fuels may be cellulosic ethanol and biodiesel or renewable diesel from algae.  But those fuels will increasingly be sharing the roads with the long term transportation fuel of the future: electricity from renewable sources, especially wind.  Wind will be important for electric transportation and electric transportation will be important for wind because, when you're already going to be charging batteries, you may as well do it when the electricity is cheap, which will be when the wind is blowing..   Plug-in hybrid vehicles (PHEVs) neatly solve the main barrier...

Fuel Tech – Driving Profits by Cleaning up Coal

Fuel Tech (Nasdaq: FTEK) is one of the fast growing public greentech / cleantech companies focused on cleaning up dirty coal. I have known John Norris, the CEO of Fuel Tech, and his family for years, and have had the pleasure of following his career for some time. He's one of the many former nuclear engineers that grew up in the electric utility industry. He has held utility executive positions including CEO of Duke Engineering & Services, SVP and CEO of Duke Energy Global Asset Development, and Senior Vice President, Operations and Technical Services, at American Electric Power...