General Electric and the Idaho National Laboratory just announced that they have received $2 million in funding from the Department of Energy for a project that transforms waste heat into electricity. CNET News estimates that the technology has the potential to improve the efficiency of industrial engines by 20 to 40 percent. The improvements in efficiency come from improving the Organic Rankine Cycle to convert heat from industrial engines into power in a cost-effective manner. … Read the rest
All posts by Tate Dwinnell
World Sports Alliance and Republic of Guinea To Use Converted Organics (COIN) Technology in Africa
Converted Organics just announced that the World Sports Alliance (aka the WSA) and the Republic of Guinea will use the company’s food-waste composting technologies in Africa to turn food scraps into organic fertilizer for crops. The WSA is utilizing Converted Organic’s High Temperature Liquid Composting process as part of its Waste-to-Fertilizer program, and the Republic of Guinea is the first of the WSA’s 24 member nations to begin participating. Hopefully, this technology will help farmers … Read the rest
Clean Energy Fuels (CLNE) Gets 3 Yr City of Phoenix LNG Deal
Clean Energy Fuels (CLNE) continues to add government customers for its liquified natural gas fueling solutions. Today, it’s been announced that the City of Phoenix (which has the largest fleet of LNG buses in the nation) has awarded CLNE with a new three year contract to supply LNG fuel to power its fleet of 400 buses in the Public Transit Department (Valley Metro) making the Metro Fleet its largest customer to date. The contract begins … Read the rest
First Solar (FSLR): Soleil Downgrade, Broadpoint Raises Price Target To $250
A tale of two analyst comments today on First Solar (FSLR) with Soleil Securities downgrading the stock and Broadpoint Amtech maintaining its Buy rating and raising the price target to $250 based on the potential for several catalysts.
Hat tip to StreetInsider for the following analyst notes:
The catalysts highlighted include:
The 2009 Analyst Day: FSLR is scheduled to host an Analyst Day on June 24 in Las Vegas where we expect management to highlight … Read the rest
Ascent Solar (ASTI) Chosen For Solar America Initiative
Ascent Solar just announced that it has been selected for the Solar America Initiative pre-incubator program by the US Department of Energy. This is significant news for Ascent because the project award includes a year-long subcontract valued at approximately $315,000. The Solar America Initiative per-incubator program is brought to you by the American Recovery and Reinvestment Act.
From a company press release, here’s more on the project:
"The proposed effort involves using a zinc-magnesium-oxide … Read the rest
Akeena Solar (AKNS) Receives Award For Innovation
Akeena Solar just announced that its Andalay AC solar panel system has earned the Solar Energy Industries Association Industry Innovator Award for the company. Akeena was awarded the prize based on the Andalay system’s ease of installation and increased efficiency.
In a press release, executives from the Solar Energy Industries Association and Akeena Solar commented on the award:
“Barry Cinnamon founded Akeena Solar with a goal to improve solar, and his company’s dedication to … Read the rest
Has Suntech Power (STP) Signed A 500MW Chinese Solar Deal?
I’m throwing this out there and if anyone has additional information to report feel free to post in the comments below. There was a report in the WSJ today that Suntech Power (STP) may soon sign a big 500 MW China deal. Apparently, a report by a local China media outlet was widely circulated that the Qinghai province has signed a 500 MW deal with Suntech.
Suntech spokesman Steve Chadima told Dow Jones Newswires … Read the rest
Akeena Solar (AKNS) Breaks Out With Near Record Volume
I didn’t see any news today that would account for a 22% move with near record volume, but Akeena Solar (AKNS) did breakout today, surging off the 50 day moving average as it appears big traders continue to build positions. Today’s momentum likely carries AKNS to the 200 day moving average around 2 and potentially beyond in the coming weeks. Perhaps it’s following that other solar installer stock Real Goods Solar (RSOL) which has more … Read the rest
Suntech Power (STP) Forms Alliance With Petra Solar For Pole Mounted Solar PV Systems
Suntech Power (STP) and New Jersey based Petra Solar have announced a partnership that will focus on marketing utility grade, pole mounted solar AC systems for utility distribution and streetlight poles around the world, particularly in the US. The systems will consist of PV modules and integral line voltage inverters with real time communication and smart grid capabilities.
Dr. Zhengrong Shi, Suntech’s Founder, Chairman and CEO said, "We recognize that Petra Solar is the leader … Read the rest
Enernoc (ENOC) Gets Demand Response Deal With Vermont’s Green Mountain Power
Enernoc (ENOC), an emerging leader in demand response networks, has signed a deal with one of Vermont’s largest electric utilities, Green Mountain Power allowing its customers to save on energy costs by reducing their energy usage during peak demand. Customers currently enrolled in Green Power’s demand response system will be rolled into EnerNOC’s system and the two companies will work together to add more commercial, institutional and industrial customers to the demand response network. Companies … Read the rest