Category Archives: Biofuels

Green Plains Renewable Energy (GPRE) Beats, Shares Surge

There are few bright spots in the world of green energy these days and while Green Plains Renewable Energy (GPRE) can’t be called a green energy pure play and I’m not a big fan of ethanol, they are profitable and seeing significant growth.  So there ya go.. we’ll take the positives in the green energy space when we can get it. 

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The company beat Read the rest

Air Force Set To Certify Waste Oil & Plant Fuel 3YRS Ahead Of Schedule

The Air Force along with the Army, Navy and Marines have been increasingly interested in the use of plant fuel and waste oils to power their fuel hungry operations.  The continued instability of the Middle East has accelerated the concern that skyrocketing oil prices is a major security concern.  Hence the need to begin to look at alternatives such as oil waste and plant derived fuel.  A variety of alternative could be used. 

“We can … Read the rest

Green Plains Renewable Energy (GPRE) Reports Inline, Still Technically Bullish

Green Plains Renewable Energy (GPRE) reported results after the bell yesterday that were about inline with what analysts were expecting.  The company reported an EPS of .20/share which matched the estimates on revenues of $812 million (a bit above analyst estimate of $789 million).  It was likely a strong enough report to keep shares in a technically bullish state (more on this in a bit), but considering the company reported record revenues the drop in … Read the rest

A-Power Energy (APWR) Catches A Bid On $30 Million Biomass Plant Win

You don’t hear much about the wind business of A-Power Energy (APWR) anymore as the company clearly is becoming more of a distributed power systems EPC company.  That’s not bad news as long as the company continues to win these contracts which they have been doing in recent months.  Today, they announced a definitive contract to develop two 15MW biomass plants for the Xin County Guangchao Biomass Power Generation LCC for $30 million.  The project … Read the rest

Codexis (CDXS) Beats Estimates, Shares Surge

Shares of Codexis (CDXS) surged on Friday after the company beat analyst estimates.  The company nearly hit the breakeven point for the quarter posting a loss of .01 (vs the analyst estimate for a .05/share loss) on revenues  of $29.8 million (vs the estimate for $27.3 million).  That’s a big improvement over the .15/share loss they reported a year ago.  Revenues jumped 23% over the year ago period.  The company still expects $120 million … Read the rest

China Integrated Energy (CBEH) Completes 50K Ton Biodiesel Facility

China Integrated Energy (CBEH) announced it has completed a new 50k ton biodiesel production facility adjacent to an existing 100k ton plant in Tongchuan City.  The new plant brings the total biodiesel production capacity to 200K per year.  The new plant will scale production throughout the year, beginning at 25% capacity this quarter to 50% next and to near capacity by the 3rd quarter.  CBEH has expanded its operations significantly in recent months and announced … Read the rest

China Integrated Energy (CBEH) Expanding Biodiesel Operations With Hainan Purchase

China Integrated Energy (CBEH) has signed a non-binding letter of intent to acquire the assets of Hainan Lin Gao Chemical which includes the land and facilities to provide a place for CBEH to build a 300K ton biodiesel plant.  The company is expected to close on the $9 million deal by the end of this quarter and begin production with an initial capacity of 100K tons within a year from the close.  The facility will … Read the rest

Gushan Environmental (GU) Soars On China Tax Break For Pure Biodiesel

Gushan Environmental (GU) received quite a gift this holiday season from the Chinese government.  It was announced on December 24th that consumption tax paid on pure biodiesel made from animal fats and vegetable oils will be removed and refunds on the tax will be retroactive as of Jan 1st 2009.  The news sent China biodiesel producer Gushan soaring yesterday and the stock is up again today.  The company indicated it is currently evaluating what financial … Read the rest

A-Power Energy (APWR) Announces $32.5 Million EPC Contract For Biomass Plant

A-Power Energy shareholders could use some good news and they are getting it this morning with news of a $32.5 million EPC contract with Hainan Century Light to build a biomass plant.  The project has already begun (last month) and is expected to continue for about 15 months.  That equates to a bit over $6 million a quarter in revenues which is less than 10% what the company does in a quarter to put the … Read the rest

Green Stocks Ratings Roundup (ENOC, JASO, AONE, VRNM)

Here is a briefing of today’s green stocks ratings via Benzinga

Oppenheimer maintained a Perform rating on EnerNOC (ENOC) after the earnings report came in higher than the firms estimates.  However, the firm lowered its 2011 estimate from $.91 to $.79.  Shares plummeted after the company issued weak guidance, but held key support around the $25 level today.

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Wells Fargo maintained its Market PerformRead the rest