Appliance Recycling Centers of America just announced that their contract with Xcel Energy has been extended through the end of 2010. Under the contract, Appliance Recycling Centers of America will provide refrigerator recycling services to Xcel’s customers. Xcel is offering a $35 incentive to each residential customer who disposes of an old refrigerator, in order to encourage them to trade old appliances in for new, more efficient ones.
In a press release, Edward R. (Jack) … Read the rest
EnerNOC just announced that Boston’s Seaport Hotel and Seaport World Trade Center has chosen its CarbonTrak application to manage its carbon footprint. The hotel, which ForbesTraveler.com called one of the “Greenest Hotels in America,” will record its carbon footprint with the application and report the information to the Carbon Disclosure Project, which collects data on the carbon footprints of over 2.500 organizations, as well as using it to identify ways to make their carbon footprint … Read the rest
Another very impressive quarter for Cree Inc (CREE) and traders are responding after hours by sending the stock up nearly 10% back to the big resistance area around 60. It will be interesting to see if it can take out that level and find a new level of support. I’m skeptical and if I were holding this stock into earnings, I’d be taking some profits off the table into the gap up tomorrow.
The company … Read the rest
Capstone Turbine (CPST) has received another order for its microturbines. This morning the company has announced that it has received a follow on order for four of its C65 microturbines from a growing data center in Houston, bringing the total to 13 at the site.
Data centers have proven to be a good market for Capstone. The Syracuse University Green Data Center uses 12 Capstone Hybrid UPS microturbines which integrate the C65 microturbines with … Read the rest
The purchase of Stones River Companies by Energy Focus (EFOI) is already paying big dividends. The company announced that its new subsidiary has been awarded $12.3 million in new contracts across seven projects for efficient lighting retrofits which will reduce energy use and improve light quality. The project are already underway and expected to be completed this year.
CEO of EFOI Joseph Kaveski commented on the financial impact saying, “We are pleased to announce this … Read the rest
ErerNOC just announced that Morgan Stanley is using its Monitoring-Based Commissioning (MBCx) Energy Efficiency software to save energy at its headquarters in Manhattan. The software reviews energy use in the building to identify energy inefficiencies so that they can be corrected.
In a press release, Tim Healy, Chairman and CEO of EnerNOC, commented on the news:
“One of the most unique aspects of this deployment is that Morgan Stanley’s facility was commissioned just prior to … Read the rest
Capstone Turbine (CPST) has received $3 million in grants from the DOE and Israel’s Binational Industrial R&D Foundation. The grant from the DOE will go towards the development of a flex fuel microturbine capable of running on biofuels (mostly from agricultural crop waste). The DOE will provide $2.5 of the $3.8 million project which will also include participation from the Argonne National Laboratory, the U of Cali at Irvine and Packer Engineering. Initial estimates show … Read the rest
The CEO commented on the strong quarter..
“Our third quarter financial results are the result of a favorable market environment for our industry … Read the rest
Capstone Turbine (CPST) announced this morning follow on orders of $3 million from two large oil and gas companies in Australia and New Mexico. The orders are for forty-two C30s, one C600 and one C1000 and are scheduled for delivery before the end of Capstone’s fiscal year on March 31st 2010.
The Australian order is from a company that has been pleased with the use of the C30 microturbines in their gas exploration operations and … Read the rest
BorgWarner just announced that its energy and drivetrain technologies will be used in the 2010 Ford Fusion and Mercury Milan. The company’s contributions include Cam Torque Actuated (CTA(TM)) variable cam timing (VCT) technology, the first of its kind, which improves the efficiency and fuel economy of the engine. BorgWarner also designed chain timing systems for the 2.5 and 3 liter engines. For the model 6F35 6-speed automatic transmission, BorgWarner contributed the HY-VO chain, friction plates … Read the rest