According to StreetInsider.com, AeroVironment (AVAV) has announced that its CEO and chairman, Timothy Conver has established a Rule 10b5-1 stock trading plan to sell a portion of his holdings which is held in the Conver Family Trust. Under the plan, the Trust may sell up to 280K shares over a period of nine months but Conver would still own over 4 million shares of his company, so it’s a not a big percentage of … Read the rest
All posts by Tate Dwinnell
Clean Energy Fuels Corp. (CLNE) To Build CNG Fueling Stations At Major Airports in Atlanta and Oklahoma City
Clean Energy Fuels Corp will open two new compressed natural gas stations near Atlanta’s Atlanta’s Hartsfield-Jackson International Airport and Oklahoma City’s Will Rogers World Airport. Although the primary clientele of the stations will be municipal and airport vehicles, they are going to be public access stations, which is great news for anyone in these areas who owns a CNG-powered vehicle or is thinking about purchasing one. Clean Energy Fuels will own and operate the new … Read the rest
Southern California Edison (SCEQ) To Post Final License Agreement For Business Use Of Patented Smart Meters
Southern California Edison applied for a patent on smart meters last year. While it is a little nerve-wracking to have one company patent business use of a technology that’s crucial to helping Americans use energy more efficiently, Southern California Edison appears to be acting with good intentions. According to Earth2tech.com, the utility says that it requested the patent as a protective measure, to keep other companies from patenting business use of the smart meter … Read the rest
ABB And LDK Solar (LDK) Sign $36 Million Equipment And Services Contract For New Plant
ABB announced today that it has entered a new solar equipment, system and service contract with LDK Solar worth at least $36 million dollars. Under the contract, ABB will assist LDK Solar in the construction of a polysilicon production plant in Xinyu City, China.
Once its built, the new plant will be Asia’s largest, producing 15,000 metric tons of polysilicon per year. ABB will provide electrical systems, equipment and project management services to LDK. … Read the rest
PowerShares Global Progressive Transportation ETF (PTRP) Begins Trading
Another “green” ETF began trading last week put out by one of the more innovative ETF providers, Invesco Powershares. The PowerShares Global Progressive Transporation Portfolio ETF (PTRP) carries a fancy name and a diversified way to play the transition toward cleaner, less costly and more efficient means of transportation. It’s based on the Wilder Nasdaq OMX Global Energy Efficient Transport Index and includes companies that:
– improve energy efficiency
– reduce fuel costs
– harness … Read the rest
House Extends Solar, Wind, Green Energy Tax Credits..
The StreetInsider.com is reporting that there are rumors that the House has also voted to extend the tax credits for solar, wind and other renewable energies… Remember the Senate passed the bill a few days ago. I’ll have an update soon.
Update: The story is out on Reuters now. The House measure is similar to the Senate bill that has passed with an exception.. it leaves out incentives to develop oil from shale … Read the rest
Applied Materials May Enter Solid State Lighting Business (AMAT)
Applied Materials wants to light up your life. Currently, the company is known for its expertise in solar energy and semiconductor technology. However, they are moving toward expanding their business to include solid state lighting, such as LED lights for the home, Annette Finsterbusch, a partner with Applied Ventures, explained at a renewable energy conference held at Rice University on Thursday. Although the move is still in the preliminary stages, the company has taken … Read the rest
Idaho Power (IDA) Signs Deal To Buy Smart Meters For Residential Customers
IDACORP’s public utility Idaho Power just announced that is has signed a $10 million deal with Landis+Gyer to purchase 450,000 of their residential smart meters. The meters have several advantages over traditional meters: they can track usage and help utilities plan ahead, they allow utilities to charge more during peak hours of use and less during off-peak hours, they allow customers to sell power they generate back to the utilities, and they don’t require a … Read the rest
House Debates Energy Bill-Divided Over Renewable Energy Tax Credits
The Senate just passed an energy bill that would renew the investment tax credits for renewable energy. Those credits are set to expire at he end of the year, and they are vital to encouraging investment in renewable energy technologies. Now, GoSanAngelo.com reports that the House is debating a second version of the bill, different from the Senate’s in that it increases taxes to pay for the credits. The legislation is being rewritten … Read the rest
With the Senate extending the …
With the Senate extending the energy tax credits, should give the sector a boost – solar the big winner (8 yr extension) http://bit.ly/1 …… Read the rest