Borg Warner (BWA), which manufacturers auto parts to make cars more efficient, soared over 10% today after reporting strong earnings results as the US auto industry continues its remarkable recovery and the China auto industry remains red hot. The company smashed Wall St EPS estimates of .42/share by posting a non GAAP profit of .65/share, a whopping 642% increase over the year ago quarter. Revenues bounced back big over the year ago quarter too with … Read the rest
Tag Archives: energy efficiency
EnerNOC (ENOC) Boasts 2 Award-Winning Products
EnerNOC just announced that two of its products have won 2009 Smart Grid Product of the Year Awards from Technology Marketing Corporation and Intelligent Communications Partners.Both its PowerTrak(R) web-based energy management application and its Monitoring-Based Commissioning (MBCx) data-driven energy efficiency application eon awards this year.
In a press release, Gregg Dixon, Senior Vice President of Marketing, EnerNOC, commented on the news:
“Today, most of the discussion around the smart grid is focused on advanced meters … Read the rest
Morgan Stanley Chooses EnerNOC’s (ENOC) Energy Efficiency Software
ErerNOC just announced that Morgan Stanley is using its Monitoring-Based Commissioning (MBCx) Energy Efficiency software to save energy at its headquarters in Manhattan. The software reviews energy use in the building to identify energy inefficiencies so that they can be corrected.
In a press release, Tim Healy, Chairman and CEO of EnerNOC, commented on the news:
“One of the most unique aspects of this deployment is that Morgan Stanley’s facility was commissioned just prior to … Read the rest
China Energy Efficiency Play Breaks Out: Smartheat (HEAT)
The one-two combo of being a China green stock has proved to be a winning combo of late and one such stock is relatively off the radar. The company is SmartHeat (HEAT). The stock broke out of a base Monday with heavy volume ahead of its earnings report this morning. The results? The company posted a quarter over quarter EPS surge of 267%. Granted, it’s a very small company, but that may not be the … Read the rest
Cree, Inc (CREE) Announces Release Of New Z-Rec(tm) Silicon-Carbide Power Diode Product
Cree, Inc just announced the release of a new line of Z-Rec Silicon-Carbide power diodes: 600V SiC Junction Barrier Schottky (JBS) diodes. These diodes are mainly used in boost diode applications in power factor correction (PFC) circuits, where their improved efficiency gives them an edge over silicon diodes, shrinking AC-DC power supply losses by 10%, due to zero reverse-recovery current.
In a company press release, Cree’s VP and GM for power and RF, Dr. … Read the rest
Echelon’s (ELON) Technology Used By City Of Palo Alto For Energy Efficient Streetlights
In an effort to reduce the costs associated with energy use for streelights, the city of Palo Alto, California is demonstrating streetlights equipped with Echelon’s LonWorks technology. Echelon’s technology allows the lights to be managed remotely, as well as connecting them directly to maintenance software. By replacing all of its streetlights with more efficient models by 2015, the city will also reduce the amount of greenhouse gases it produces by 600 to 950 metric tons … Read the rest
Florida Power and Light Company’s (FPL) Investments In Fuel Efficiency Pay Off Big-Time For Consumers
Here’s a win-win situation….FPL just announced that its investments in fuel efficiency at its power plants have helped trim its customers costs by almost $3 billion since 2002, and will save customers a cool billion per year starting in 2014. The investments have included converting older plants to burn natural gas instead of oil, and using more efficient technologies to produce energy from natural gas.
In a company press release, Marlene Santos, FPL vice … Read the rest
Xcel (XEL) Energy Announces 3-Year Minnesota Conservation Plan
Xcel Energy just announced a 3-year plan for conserving energy in its Minnesota service area. Through the plan, which includes items like conservation kits for low-income customers and incentives like rebates for customers who install solar panels, Xcel expects to cut expected demand by320 megawatts of power and 2.4 million dekatherms of natural gas during the 3-year span. This will eliminate the need for a medium-sized conventional power plant that would emit 1 million metric … Read the rest
Xcel Energy Partners With 42U To Improve Data Center Efficiency
Xcel Energy just announced a partnership with 42U as part of its Data Center Efficiency Program. Under the agreement, 42U will work with Xcel Energy’s data center customers to help them find ways to become more efficient and use less energy.
42U will act as a consultant to participating Xcel customers, reviewing their operations and making recommendations. Xcel Customers can get rebates for each kilowatt of energy saved after they make the suggested improvements.
In … Read the rest
Green Energy Highlights of Johnson Controls (JCI) Earnings
Johnson Controls (JCI), a conglomerate involved in lithium battery production and building efficiency reported mixed earnings this morning posting an EPS 1 cent better than expectations at a loss of .16 share (it’s the 2nd straight quarter of losses) on revenues of 6.3 billion vs the consensus of 6.93 billion.
Here are some highlights regarding the green energy segments of its business:
Building Efficiency
– Excluding currency fluctuation, building efficiency sales were down 2% to … Read the rest