American Superconductor (AMSC) has received a 2nd order for its D-VAR system for a Chinese smart grid and will deliver it to China National Machinery Industry Complete Engineering (note to China: shorten your company names!) by the end of this year. CMCEC will use the D-VAR to meet local grid interconnection requirements for Phase 1 of the Guanting Wind Farm which is ultimately expected to provide 150MW of wind power once completed. Furthering AMSC’s push … Read the rest
All posts by Tate Dwinnell
Raser’s (RZ) Electric Hummer Drives 50 Miles On Batteries Only In Test
Raser just announced that its electric Hummer was able to 50 miles on its battery only in a driving test. The course used included both simulated highway and city driving conditions, and speeds of up to 60 mph.
In a press release, Jim Spellman, Vice President of Business Development, explained the test results and their significance:
“I am very proud of our team and their work to reach this important milestone. Battery range of … Read the rest
BorgWarner (BWA) Chosen To Supply Technology For ZF 8-speed Automatic Transmission For BMW
BorgWarner just announced that it has been chosen to supply its friction materials and plates for BMW’s new ZF 8-speed automatic transmission. BorgWarner’s technology will be used at key clutch points in the new transmission to improve fuel economy and enhance performance on the 2010 BMW 760i.
In a press release, John Sanderson, President and General Manager, BorgWarner Drivetrain Systems, commented on the news:
“The ZF 8HP automatic transmission shifts gears in only fractions of … Read the rest
Capstone (CPST) Announces Mexico Distribution, Four C30 Orders For Offshore Oil Platforms
It was just a couple days ago that I posted about Capstone’s Brazilian order which technically set the stock up for a significant breakout move. That breakout move is continuing this morning on news the company has named Industrias Energeticas as its newest distributor in Mexico along with a $500K order for four of its C30 C1D2 microturbine systems for offshore oil drilling platforms in the Gulf of Mexico. The two companies have a long … Read the rest
Ascent Solar (ASTI) Passes Important Heat Test For Thin Film CIGS Solar Modules
Ascent Solar (ASTI) which develops the flexible, thin film CIGS solar modules, has announced this morning it has reached an important milestone on the path to certification of its product. In internal testing, its flexible packaging solution successfully passed heat testing of 1000 hours at 85% humidity and 85 degrees C which meets the guidelines set forth by IEC 61646 standards for thin film solar modules.
CEO Farhad Moghadam of ASTI said, “This is a … Read the rest
Canadian Solar (CSIQ) Secures Rights To 500MW Inner Mongolia Solar Development
500MW seems to be the magic number with these long term projects. Just yesterday, LDK Solar (LDK) announced a 500MW project of its own in Yancheng City and this morning Canadian Solar (CSIQ) has obtained the rights to develop, operate and maintain a 500MW solar project in Baotou, Inner Mongolia over the next several years. The project, which is still subject to government approval, will be broken up into 3 phases with the first phase … Read the rest
Ocean Power Technologies (OPTT) Celebrates Launch of PowerBuoy Wave Energy Off NJ Coast
One green stock nobody is talking about is Ocean Power Technologies (OPTT), which remains in a nasty downtrend. Just about every other green stock has seen its stock surge this year.. from Rentech (RTK) with its jet biofuel to Capstone (CPST) with its microturbines to the solars and lithium battery companies. Nearly all have rocketed higher. Poor old OPTT remains mired in the abyss of a record low stock price. Perhaps that may change .. … Read the rest
Tidal Energy Investing: An Incomplete Guide
There’s a nice article over at Seeking Alpha (albeit with some inaccuracies which I discuss below) discussing the ins and outs of investing in tidal energy. It’s certainly less developed than just about all other forms of renewable energy, but offers great potential FAR down the road. I thought I’d provide a few updates and expand on the article. Feel free to expand upon and provide updates yourself in the comments section and I’ll add … Read the rest
Toyota (TM), Honda (HMC) Biggest Beneficiaries Of Cash For Clunkers
Consumer Reports provides an interesting look into the Top 10 cars purchased on Cash For Clunkers rebates and the Top 10 vehicles that were traded in.
Toyota (TM) is the clear winner with its Toyota Corolla taking the top spot, followed by the Honda with its Civic model taking the #2 spot. The Toyota Prius proved popular as well at the #6 spot. Ford is the only US manufacturer in the top 10 (Ford Focus … Read the rest
LDK Solar (LDK) In 500MW 5YR Agreement With Yancheng City, Up 6% AH
LDK Solar (LDK) is a solar stock that looks mighty sick technically, but it is recovering after hours on news it has entered into an agreement with Yancheng City of the Jiangsu Province to develop 500MW in solar PV projects over the next 5 years. The projects will include ground mounted, rooftop and building integrated with all needing final government approval. As I always say, China government approval won’t be a problem when it comes … Read the rest