This post is brought to you by Cabot Green Investor and republished with permission. Cabot Green Investor is one of the top green stock publications available.
This week marked the start of a global meeting on climate change in Copenhagen, with nearly 200 nations trying to reach an agreement on this contentious issue. The delegates attending the summit will have until December 18 to discuss things like cuts on greenhouse gas emissions, particularly from … Read the rest
According to this press release, Converted Organics has received official notice from the NASDAQ stock exchange that it is not in compliance with Rule 5550(a)(2), as its stock price has closed below $1.00 for 30 consecutive business days. Converted Organics now has an 180 day grace period to get its stock price up above $1.00 for 10 business days in a row. If the company’s stock price has not met this requirement at the end … Read the rest
Panasonic Corp just announced that it will pay $4.6 billion to take the reins at Sanyo Electric Company. With the two companies’ powers combined, the result will be one of the largest electronics makers in the world.
Panasonic will pay 403.78 billion yen ($4.6 billion) for 50.2 percent of Sanyo, paying 131 yen per share. The move will enable Panasonic to tap the Sanyo team’s expertise in terms of green technologies like solar panels and … Read the rest
I meant to get this news out sooner.. you know how it goes. Lots of green stock news these days and at times I have to get what I feel is the most important news out first. EnerNOC announced yesterday that they purchased privately held Cogent Energy to bolster their monitoring based energy efficiency business. Essentially, the purchase allows them to expand the business of helping businesses get more energy efficient by monitoring their use. … Read the rest
This post is brought to you by Michael Cintolo of Cabot Green Investor and republished with permission. Cabot Green Investor is one of the top green stock publications available.
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Today’s investment idea is all about lighting. No, it’s not those curly compact fluorescents that are filled with MERCURY and require you to evacuate the room if you break one. The main reason we’ve got those today is that the energy savings sounded … Read the rest
According to this press release, SunEdison, a subsidiary of MEMC Electronic Materials, has entered an agreement with the The Irvine Unified School District (IUSD) Board of Education and SPG Solar to build solar PV installations to generate electricity for 21 school district sites.
Per the agreement, SunEdison will handle all of the upfront costs of financing, building and maintaining the installations, while the school district purchases the power. The installations will also be used to … Read the rest
Trony Solar (TRO) was supposed to begin trading on the NYSE today under the ticker symbol TRO, but the company scrapped the IPO due to weak demand for the offering and overall weak market conditions. It has been postponed indefinitely and I’d be surprised if it launched by the end of the first half of next year. If it didn’t get done in this market, where investor enthusiasm is ridiculously high and solars are emerging … Read the rest
Big news this morning out of General Electric (GE) and great news for the wind industry in general. The company is announcing it will supply what will be the world’s largest wind farm in Oregon called the Sheperds Flat project run by Caithness Energy. The deal calls for 338 wind turbines from GE between 2011 and 2012 with the project generating 845MW of energy at full capacity. The project is expected to inject $16 million … Read the rest
Solar panels are now hitting the mainstream, at least in California. Homeowners can now purchase Akeena Solar’s (AKNS) Andalay AC solar panels at 21 Lowe’s stores throughout Cali and are featured as part of stores Energy Center (maybe Green Energy Center is a better name!). The Energy Center at Lowe’s allows customers to calculate the solar and wind energy potential of their home and sells products allowing customers to measure energy use, reduce consumption and … Read the rest
JLM Pacific posted today that LDK Solar (LDK) is planning to spin off its polysilicon solar biz in an IPO on the Hong Kong exchange as reported at www.163.com. Shares are trading flat today, but if that rumor is substantiated, it could give shares a bigger boost in the future. What a difference a few weeks makes! On Nov 1st LDK was trading under $5.50/share following the Q-Cells squabble. It’s nearly doubled off that … Read the rest