Gushan Environmental (GU) plunged about 20% this morning, but well off the lows and getting back above the 50 day moving average after the company announced it was temporarily suspending production at Fujian Gushan Biodiesel Energy Co because of a dispute with local government over consumption tax issues. Gushan claims that its biodiesel which is produced from used cooking, vegetable and jatropha oil should not be subject to biodiesel taxes implemented Jan 1st 2009. The … Read the rest
All posts by Tate Dwinnell
GreenHunter Energy (GRH) Receives Warning From Amex
GreenHunter Energy has received a warning letter from NYSE Amex. According to this report on FoxBusiness.com, the company’s continued listing on the Amex exchange is in jeopardy for the following reasons:
(i) the Company reporting a stockholders’ equity less than the minimum requirements with operating losses in its most recently completed fiscal years as set forth in Sections 1003 (a) (i,ii and iii) of the Company Guide and (ii) the Company has sustained losses which … Read the rest
Applied Materials (AMAT) Collaborating With IIT Bombay
Applied Materials just announced that it is entering into an expanded collaborative relationship with the Indian Institute of Technology Bombay. Under the Memorandum of Understanding signed by Applied Materials and IIT, Applied Materials will donate $1.5 million to IIT over the next three years. This amount is in addition to previous donations made by Applied Materials.
In an article published on the News in Business website, representatives from both parties commented on the collaboration: … Read the rest
Advanced Environmental Recycling Technologies (AERT) To Increase Distribution Through Deal With BlueLinx
Advanced Environmental Recycling Technologies just announced that it has entered a distribution deal with BlueLinx. Under the agreement, BlueLinx will distribute Advanced Environmental Recycling Technologies’ Moisture Shield line of decking products in Washington, Oregon, Idaho, Montana, Wyoming, Utah, Colorado, Alaska and Hawaii. BlueLinx has a network of 70 company-owned warehouses and even more third=party warehouses located in cities across the country.
In a press release, executives from both companies spoke about the deal:
"We pride … Read the rest
Valence Techology (VLNC) Working With S&C Electric On Smart Grid Batteries
Valence Technology (VLNC) and S&C Electric Company announced that they have signed a Memorandum of Understanding, agreeing to work together to develop and evaluate products for stationary grid-connected electrical energy storage systems.
Jim Sember, Vice President of S&C’s Power Quality Products Division, said, “Renewable energy sources like wind and solar introduce ongoing and unpredictable power variations. The incredibly fast response of advanced battery storage systems allow for compensation of these fluctuations at a level … Read the rest
Exelon (EXC) Signs Uranium Contract With Russia
According to Reuters, Exelon Energy Co just announced that it has signed a uranium supply deal with Tenex, a Russian nuclear fuel exporter owned by the Russian government. Under the terms of the agreement, Tenex will supply Exelon with uranium for nuclear energy for a period of six years, from 2014 to 2020.
The amounts of uranium involved were not disclosed. Nor were the financials of the deal.
:::: >>> … Read the rest
AeroVironment (AVAV) Partners With Nissan and District of Columbia
AeroVironment just announced that it will be cooperating with Nissan and the District of Columbia to set up an electric car infrastructure in DC. The plan is to build a network of AeroVironment’s PosiCharge charging stations for the city’s fleet of electric vehicles, and make them available to regular citizens to encourage them to buy electric cars of their own.
In article in the Pasadena Star-News, AeroVironment’s director of marketing strategy, Steve Gitlin, commented … Read the rest
Comverge (COMV) Gets Approval For 165MW Demand Response Contract, Secures 680MW Capacity
Comverge (COMV), a demand response up and comer similar to EnerNoc (ENOC), has announced this morning that it has approved regulatory approval for its 15 year, 125 MW contract with Arizona Public Services originally announced in September of last year. It’s the largest commercial & industrial VPC demand response contract in the industry to date and will enable Arizona Public Services to help its customers reduce the amount of electricity that is required at peak … Read the rest
Borg Warner (BWA): "This Will Be The Ignition Technology Of the Future"
Alison first wrote about Borg Warner as a fuel efficiency play following the government announcement of stricter fuel standards a few weeks ago. Today, the company appears to be an even better play for the trend to lighter, more efficient vehicles. The company is announcing it has purchased the advanced ignition technology from Florida based Etatech that will improve peak energy efficiency (by 40%) and reduce emissions (by 50 – 80%). The company wants to … Read the rest
Columbia Gas Will Deploy Itron’s (ITRI) Smart Meters
Itron (ITRI) is announcing today that Columbia Gas of Ohio is going to deploy its smart metering technology across 1.4 million gas meters over the course of the next 5 years. Columbia Gas will deploy the 40GB Gas ERT modules and may implement the larger 100G series modules in selected areas which would allow for more frequent metering data collection.
“We’ve experienced success over the years with Itron solutions, and have come to rely on … Read the rest