Kandi Technologies, Corp just announced that it will be introducing a new COCO model electric car, the COCO KD18E hardtop, to the American market. The vehicle will be distributed by Kandi’s US distributor, SOLUS INTERNATIONAL CORPORATION, and Kandi has received confirmation from the IRS that it will be eligible for a 10% tax credit.
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In a press release Mr. Xiaoming Hu, Chairman and CEO of the … Read the rest
I mentioned the Oppenheimer upgrade of Suntech Power (STP) this morning on Green Stocks @Twitter, but the firm has rating and price target updates on other solar stocks as well. Hat tip to Street Insider for the heads up.
Bullish on Yingli Green Energy (YGE) and gets upgrade from Outperform to Perform and $17 price target (about 30% higher). Want more YGE analysis?
Downgrades Canadian Solar (CSIQ) from Outperform to Perform and lowered and … Read the rest
PG & E just announced that their new solar power program has been approved by the California Public Utilities Commission. The program involves constructing 500 MW of PV solar power systems, 250 MW of which will be owned by PG & E and 250MW of which will be owned by independent developers.
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In a press release, Steve Malnight vice president for renewable energy at PG&E, … Read the rest
A-Power Energy (APWR) is jumping about 5% in pre-market trading on news it will celebrate the final development phase of the big Texas wind farm its working on with US Renewable Energy and Cielo Wind. A ribbon cutting ceremony will take place next Tuesday in Las Vegas with a press conference to follow. The company is currently look for a manufacturing site in Nevada to build wind turbines for this project and others in the … Read the rest
Put Digi International (DGII) on your radar, particularly tomorrow morning. This is a smart grid play to keep an eye on and continues to look quite bullish. They don’t generate a lot of revenue yet from smart grid deployments, but that should change in the years to come. Itron (ITRI) is using their technology.. enough said. The stock has been running up since last December with volume and recently broke out to a new … Read the rest
Canaccord Adams provides a few of its best green stock ideas to celebrate Earth Day. Great investments in companies that are leading the green energy revolution. Hat tip to Street Insider for the Canaccord comments.
Their water scarcity pick is Nalco (NLC) and they maintain their Buy rating. “NLC capitalizes on climate change and water scarcity. We find Nalco fundamentally undervalued given powerful long-term secular global growth drivers including climate change and water scarcity. With … Read the rest
Verenium just announced that they have received an additional $4.9M from the U.S. Department of Energy for its demonstration-scale cellulosic ethanol facility in Jennings, LA. The money, an extension of a previously-awarded grant, will be used to improve the biorefining process used at the plant.
In a press release, Carlos A. Riva, President and Chief Executive Officer at Verenium, commented on the news:
“We are very pleased to receive this additional funding from the … Read the rest
Enova Systems, Inc. just announced that it is offering all-electric versions of the Ford F150 and Chevy Express cargo van integrated with its electric Zero Emissions (Ze) drive system. These vehicles provide service and utility fleets with an immediate option for zero-emissions, electric transportation.
In a press release, Enova Systems CEO Mike Staran elaborated on the advantages of the Ze drive system:
“This incremental deployment of the Ze all electric drive system is an … Read the rest
Yesterday, Badger Meter (BMI) reported results that didn’t appear all that stellar, but the stock broke out big with heavy volume and closed the day up about 10%. The company reported an EPS of .36/share which was inline with Wall St estimates and is a 26% decrease from the year ago quarter. Revenues came in at $61.8 million and was also below the year ago results by 5%. However, the worst may be behind BMI … Read the rest
A Clean Energy Fuels (CLNE) subsidiary, BAF Technologies, has received an order from Verizon to convert 501 new Ford E-250 vans to CNG using BAF’s proprietary CalComp System. BAF will provide the technology and will outsource the installs to Steelweld Equipment of California and North American Upfitters of New Hampshire which are both participants in Verizon’s Supplier diversity program and have been long time suppliers. No word on the financials of the deal.
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