Hoku Materials just announced that it has amended a polysilicon supply contract with Shanghai Alex New Energy. Under the amended agreement, polysilcon amounts and financial details will stay the same, but the due date for delivery of the first shipment will be moved from the first quarter of 2010 to the third quarter of 2010.
In a press release, Dustin Shindo, chairman and chief executive officer of Hoku Scientific, commented on the new agreement:
“This … Read the rest
Darling International just announced that it has completed its acquisition of Sanimax’s rendering, grease collection and trap servicing business in Ohio and Indiana, along with some of its business in Pennsylvania and Michigan. This provides an additional source of raw materials for Darling’s food by-products recycling business.
In a press release, Chairman and Chief Executive Officer Randall Stuewe commented on the acquisition, saying
“We are pleased to have the opportunity to add these businesses to … Read the rest
Tri-Tech (TRIT) announced this morning it received a $2 million contract to upgrade (including design, equipment procurement, installation and startup) a wastewater treatment plant in Xinle City which will improve the plant from Class 2 to Class 1A standards, churning out cleaner water in the process. Not clean enough for drinking however. Class 1A water is only good enough for irrigation and toilets! The plant, with a daily capacity of 40K metric tons, will better … Read the rest
Kandi Technologies (KNDI) is surging about 15% in premarket trading today after announcing it has formed a strategic alliance with China Potevio/CNOOC New Energy and Power (aka “Alliance For Chinese Electric Vehicle Development and Commercialization”) to speed up the commercialization and adoption of electric cars in China.
Kandi which specializes in the manufacturing of electric vehicles and other non traditional vehicles spearheaded the new alliance and has support of the government. CEO Xiaoming Hu commented, … Read the rest
By Sam Hopkins of GreenChipStocks.com
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With 2010 just around the corner, evidence is steadily mounting that this will be the year of a Chinese clean energy boom like none we’ve ever seen.
This past Saturday — the day after Christmas — western investors as well as ones based in the Middle Kingdom all got a gift from the National People’s Congress in Beijing…
A Lump of Clean Energy … Read the rest
It’s been a mighty rough year for Raser Technologies (RZ). With broken promises and financing concerns weighing on the stock, it trades down around a buck while many of its green stock peers move to new 52 week highs. It’s still a mighty speculative play, but the reward vs risk may be improving down here (a break below the buck level would change that view point).
After the bell yesterday Cantor Fitzgerald initiated coverage of … Read the rest
Add Austin, Texas to the expanding portfolio of CNG fueling station locations for Clean Energy Fuels (CLNE). The company announced earlier today that it has won a 10 year contract to design, build and maintain a public compressed natural gas (CNG) fueling station near the Austin-Bergstrom International Airport. Not only will the station will serve the general public, but provide fuel to airport shuttles and taxi cabs. Construction is expected to begin in just a … Read the rest
We’ll begin coverage of a new green stock beginning tomorrow as China Wind Systems has received approval to begin trading on the Nasdaq tomorrow under the ticker CWS. The company which had been trading OTC under the ticker CHWY is a leading supplier of forged products and equipment for the wind turbine market in China as well as other industries.
“We are honored to be approved to list on The NASDAQ Global Market, one of … Read the rest
Altairnano just announced that it has received notice from the NASDAQ stock exchange it is in violation of Rule 5550(a)(2) because its stock price fell below a $1.00 from November 9 through December 1st.
The company has a 180-day grace period to bring its share price back up above $1.00 for at least 10 business days in a row. After that, it may be eligible for an additional 180-day grace period or it may be … Read the rest
SunEdison, a subsidiary of MEMC Electronic Materials, just announced that it has been selected by Xcel Energy’s subsidiary Southwestern Public Service Company to build five 10 MW solar PV installations in New Mexico, for a total of 50 MW of solar power.
Under the terms of the agreement, SunEdison will finance and build the installations and Xcel will buy the power under a 20-year purchase agreement.
In a press release, Riley Hill, president and … Read the rest