Converted Organics is launching a new industrial wastewater (IWW) market division to treat contaminated water before it is released back into the environment. To support these efforts, the company just announced that it has licensed Heartland Technology Partners’ LM-HT(TM) Concentrator technology, which uses waste heat and renewable energy to reduce CO2 emissions.
They have also retained Heartland Technology Partners’ former Co-owner and Vice President, Rick McEwen, … Read the rest
Suntech just announced that it has completed installing a 1 MW solar system for Harrah’s Rincon Casino in Southern California. The system will supply enough solar energy to meet approximately 1/4 of the casino’s needs, powering 90% of its HVAC system.
In a press release, Steven Chan, Chief Strategy Officer of Suntech, commented on the news:
“Led by the Rincon Band of Luiseno Indians in partnership with … Read the rest
EnerNOC (ENOC) is doing a bit of shopping and has acquired Colorado based SmallFoot LLC to target the smaller scale commercial demand response market. Integrating SmallFoot’s technology will help EnerNOC reduct DemandSMART deployment costs at these sites and help open up new opportunities.
Smart move from ENOC. Small commercial sites make up 90% of facilities and consume 40% of the power according to the Energy Info Administration. … Read the rest
This morning an analyst at Wedbush has initiated coverage of several China solar stocks according to Street Insider.
They are the most bullish on Trina Solar (TSL) with an Outperform and $25 price target. CSIQ, SOLF and YGE get Neutral ratings with price targets of $22, $7 and $11 respectively. It has some concerns about Suntech (STP) so has an Underperform rating and $10 price target.
“Chinese module manufacturers have been gaining global market … Read the rest
American Superconductor (AMSC) and LS Cable of South Korea, who is the third largest power cable manufacturer in the world, have announced an expanded superconductor power cable business alliance. The first began working together last year and this expansion calls the collaborative deployment of more than 30 miles of smart grid power cables over the next five years.
The power cable systems manufactured by LS … Read the rest
The ink is now dry on an agreement between the DOE and CenterPoint Energy (CNP) for a whopping $200 million grant to accelerate the deployment of their advanced metering system and intelligent grid. You guys better put that kind of money to good to use! We’ll all be watching.
“We are very pleased to have finalized this agreement with the DOE to help accelerate the deployment of … Read the rest
Two heavy hitters are collaborating, bringing their smart grid technologies together to reduce the cost and complexity for utilities to deploy smart meters. Itron (ITRI) and Lockheed Martin (LMT) announced today that they will integrate Lockheed’s SEEload Demand Response Solution with Itron’s smart grid platform bringing together Itron’s smart grid expertise with Lockheed’s security, command and control and integration expertise.
Itron VP Philip Mezey commented: “Fostering the … Read the rest
Ultralife Batteries (ULBI) will get $2.4 million from the New York State Energy R&D Authority for the development of a 1MW-hour lithium battery storage system integrating batteries, ultracapacitors and green energy sources to create an important piece of the smart grid puzzle.
ULBI’s system allows grid operators and renewable energy companies to monitor the grid and control the storage and flow of power. They received the award … Read the rest
Cree Inc (CREE) has announced this morning the availability of the new XLamp XP-C color LED’s which are 10 – 50% brighter than its current line of midrange color LED’s. They are designed for .5 – 1 watt operation and compatible with existing optical designs, reducing design costs.
Cree Marketing Director Paul Thieken commented: “Cree continues to expand design options within our industry-leading XLamp XP LED family. … Read the rest
Two noteworthy analyst notes this morning on American Superconductor (AMSC) and Energy Conversion Devices (ENER).
Wedbush maintains its Underperform rating on ENER and is lowering the price target from $9 to $7. Hat tip to Street Insider for the following analyst note:
“We believe ENER will continue to struggle as oversupply conditions continue and demand for niche products like flexible BIPV remains below expectations. While we … Read the rest
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