Tag: ABAT

List of Battery Stocks

Battery stocks are publicly traded companies whose business involves the manufacture of batteries, battery components, or battery management systems used to store electricity through electrochemical means. Advanced Battery Technologies Inc (ABAT) Albermarle Corp (ALB) Axion Power International (AXPW) BioSolar, Inc. (BSRC) BYD Company, Ltd. (BYDDY) China BAK Battery (CBAK) Contemporary Amperex Technology Co., Limited (300750.SZ) Eguana Technologies Inc. (EGT.V) Electrovaya, Inc. (EFL.TO) EnerSys (ENS) EnSync Energy Systems (ESNC) Flux Power Holdings, Inc (FLUX) Global X Lithium ETF (LIT) Highpower International (HPJ) Johnson Controls (JCI) Lithium Technology Corporation (LTHUQ) mPhase Technologies (XDSL) NGK Insulators Ltd. (NGKIF) OM Group (OMG) Powin Energy Corp. (PWON) Redflow Limited (RFX.AX) Saft Group (SGPEF) Ultralife Batteries Inc (ULBI) Umicore S.A. (UMI.BR, UMICY, UMICF) Vendum Batteries, Inc. (VNDB) If you know of...

List of Alternative Transportation Stocks

Alternative Transportation Stocks are publicly traded companies that offer transportation options that use less fuel per passenger-mile or freight-mile than traditional options. Includes mass transit (both rail and bus), bicycles, and two wheel vehicles. A. P. Moller - Maersk Group (MAERSK-B.CO) Accell Group (ACCEL.AS) Blue Bird Corporation (BLBD) Bombardier Inc (BDRBF) Construcciones y Auxiliar de Ferrocarriles (0MK5.L) CSR Zhuzhou Electric Locomotive (ZHUZF) Canadian National Railway Company (CNI) Canadian Pacific Railway Limited (CP) CSX Corporation (CSX) Cubic Corporation (CUB) Dorel Industries (DIIBF) Firstgroup, PLC (FGP.L) Giant Manufacturing (9921.TW) Grande West Transportation Group Inc. (BUS.V) Great Lakes Dredge and Dock (GLDD) Greenbrier (GBX) L. B. Foster (FSTR) Merida Industry Co. Ltd. (9914.TW) National Express Group (NEX.L) New Flyer Industries (NFYEF, NFI.TO) Norfolk...

Ten Clean Energy Stocks For 2017: January Jump

Tom Konrad Ph.D., CFA The year got off to a spectacular start for my tenth annual Ten Clean Energy Stocks model portfolio. (You can read about the performance in 2016 and prior years here.)  The portfolio and its income and growth subportfolios were up 9%, 8%, and 14%, respectively.  Clean energy stocks in general also did well, with my three respective benchmarks up 2 to 3% each.  (I use the YieldCo ETF YLCO as a benchmark for the income stocks, the Clean Energy ETF PBW as a benchmark for the...

Beijing Bails Out Yingli, Shareholders Not So Much

Bottom line: Yingli’s new bank loan will be followed by a major restructuring that will force big losses on bond and shareholders, while a new asset-backed bond program to help the broader panel sector raise money will meet with tepid reception. China is throwing a couple of lifelines to its struggling solar panel sector, including a relatively large rescue package for Yingli (NYSE: YGE), the player in the most precarious position. That package will see a consortium of banks, led by the policy-driven China Development Bank, provide Yingli with 2 billion yuan ($300 million) in funds as the company...

Alternative Energy Stock Returns, Past and Future

By Harris Roen Alternative energy became a serious market player after the turn of the millennium. Since that time, solar, wind, smart grid and other alternative energy stocks have experienced both strong up and down trends. The forces at work driving these markets are complex, counterintuitive, and sometimes mysterious. This article looks at what has been driving the price of alternative energy markets, and as a result, alternative energy company stocks. Looking ahead, we will also consider what should affect the direction of alternative energy stock prices. Past trends in Alternative Energy Stocks The Wilder Hill...

A 10-Minute Guide to Obama’s New Energy Policy

Jim Lane   Stopwatch photo via BigStock A major push from Obama on energy. From DOE: “Liquid fuels demand can be sufficiently reduced so that biomass can meet all liquid fuel needs.” What’s up? What is an Energy Security Trust, anyway? The Digest’s 10-Minute Guide tells all. In an address at the Argonne National Laboratories on Friday, President Obama said: “You see, after years of talking about it, we’re finally poised to take control of our energy future.  We produce more oil than we have in 15 years. ...

Selling Pressure Comes Off Lime Energy

Tom Konrad CFA When Lime Energy (NASD:LIME) reported accounting problems, including the possibility of fictitious revenue on July 17th, investors abandoned the stock, unwilling to own a company in which they knew the financial statements to be misstated.   Over the next two weeks, Lime found a floor around $0.90 (down from over $2 on July 16th), as those investors who would sell at any price were replaced by those who, like me, feel that $0.90 is less than any reasonable estimate of LIME’s true value even in liquidation. Volume then dried...

Shifting the Cost of Pollution

by Debra Fiakas CFA The U.S. Environmental Protection Agency has agreed to review the recently enacted MATS Rule  -  Mercury & Air Toxics Standards that went into effect at the end of 2011.  At least two dozen states and forty utility companies have filed suit against the EPA over the rule, which is intended to cap mercury and other toxic emissions as well as particulates.  The rules particularly impact power plants that use coal-fired boilers to generate electricity.  The EPA provides an interactive map to see where these plants are located.  They are predominantly in the eastern half...

Energy Storage: Q1 2012 Winners and Losers

John Petersen The first quarter of 2012 was the best of times for shareholders of companies that are developing and manufacturing cheap energy storage products like lead-acid batteries, but the worst of times for shareholders of pure-play lithium-ion battery developers. The following table tracks stock price performance in the energy storage and electric vehicle sectors for the first quarter of 2012 and for the twelve months ended March 31st. Long-term readers will notice that the current list is a good deal shorter than it was in March of last year because of my decisions to...

Lithium-ion Battery Stocks: Investment Opportunities or Subsidized Laggards?

John Petersen I'm often critical of public lithium-ion battery manufacturers based on objective investment metrics including their financial condition, their results of operations, their potential markets and the fundamental soundness of their business plans, but I don't usually drill down into thornier issues like technical merit and business execution because those questions are out of my depth and in the words of Harry Callahan, "A man's got to know his limitations." Every once in a while, however, organizations that are competent to evaluate those issues publish analytical reports that can help investors cut through the hype...

Three Years of Seeking Alpha in Energy Storage

John Petersen Today is the third anniversary of my blog on investing in energy storage. While the last three years have been profoundly troubled by a market crash, a slow recovery and more ups and downs than a roller coaster, energy storage has been surging to prominence as investors realize that batteries, products we all love to hate, are a critical enabling technology for wind and solar power, efficient transportation, the smart grid and hundreds of other applications that make life more pleasant. With each passing day it's increasingly clear that energy storage is an investment mega-trend that...

The Lithium-ion Battery Glut Will Be Massive

John Petersen I hate being wrong, but Mother always taught us, "if you have to eat crow don't nibble." In February 2010 I wrote an article titled "Why I Don't Expect A Lithium-Ion Battery Glut" that's shaping up as one of the worst predictions in the history of my blog. This week Lux Research published a report titled "Using Partnerships to Stay Afloat in the Electric Vehicle Storm" that has me convinced that the capacity glut in lithium-ion batteries will be massive for at least a decade. I humbly and sincerely apologize to any readers...

Are Advanced Battery Technologies’ Financial Statements Accurate?

Eiad Asbahi, CFA In this article, I’m going to analyze Advanced Battery Technologies, Inc. (ABAT) and provide evidence that the company is inflating its financial statements. This article summarizes key points that we have put together in a longer report available here (.pdf). An alternative copy for backup purposes is available here. A video summary of the findings, along with discussions with certain customers, are available at the following links: ABAT Analysis Video 1 of 2 ABAT Analysis Video 2 of 2 ABAT Customer Interview 1 ABAT Customer Interview 2 (Video 1 of 2)...

Why Lithium-ion Batteries are Like Hippos in Pink Tutus

John Petersen In recent years lithium-ion batteries have been portrayed as glamorous, sleek, sexy and hot – the stuff of adolescent fantasy and mid-life crisis. Reality is more like a surreal remake of the Dance of the Hours sequence in the Disney classic Fantasia where hippos in pink tutus gossip about overweight dancing elephants. Let's face it folks, there are no cheetahs in the battery ballet. While lithium-ion battery packs are smaller and lighter than their lead-acid counterparts, both types of batteries are ridiculously heavy substitutes for a fuel tank. The sad part is that whispers from hippos...

Lux Research Confirms that Cheap Will Beat Cool in Vehicle Electrification

John Petersen On March 30th, Lux Research released an update on the vehicle electrification market titled "Small Batteries, Big Sales: The Unlikely Winners in the Electric Vehicle Market" that predicts: E-bikes and micro-hybrids carry minimal storage, but compensate with high volume. E-bikes show strong unit sales, as they sustain a 157 GWh storage market totaling $24.3 billion in revenues in 2016. Micro-hybrids benefit from increasingly stringent emissions limits, supporting 41 GWh and $3.1 billion in storage sales. Hybrid electric vehicles (HEVs) like Toyota's Prius grow steadily while PHEVs and EVs are at the mercy of external factors....

Energy Storage – Opportunities and Intellectual Short Circuits

John Petersen After writing about investment opportunities in the energy storage sector for a couple of years, today marks an important transition because I've accepted Nadsaq's invitation to include my blog in the Community section of their website. I'm grateful for the chance to reach a broader audience and hope that my weekly musings can help new readers separate hype from opportunity and avoid the intellectual short-circuits that are all too common in the energy storage sector. By way of introduction, I'm a working lawyer and accountant who has spent 30 years guiding emerging energy and technology...