Capstone Turbine (CPST) is moving up about 5% today and continues to look very bullish on the daily chart following news of another order for its C800 microturbine systems. The $1.5 million order is for a new 10 story building in Colombia and represents the first sale in this country and the 2nd in South America. The microturbines will provide low emission base load power for the building as well as thermal energy for … Read the rest
Category Archives: energy efficiency
BorgWarner (BWA) Chosen To Supply Technology For ZF 8-speed Automatic Transmission For BMW
BorgWarner just announced that it has been chosen to supply its friction materials and plates for BMW’s new ZF 8-speed automatic transmission. BorgWarner’s technology will be used at key clutch points in the new transmission to improve fuel economy and enhance performance on the 2010 BMW 760i.
In a press release, John Sanderson, President and General Manager, BorgWarner Drivetrain Systems, commented on the news:
“The ZF 8HP automatic transmission shifts gears in only fractions of … Read the rest
Capstone (CPST) Announces Mexico Distribution, Four C30 Orders For Offshore Oil Platforms
It was just a couple days ago that I posted about Capstone’s Brazilian order which technically set the stock up for a significant breakout move. That breakout move is continuing this morning on news the company has named Industrias Energeticas as its newest distributor in Mexico along with a $500K order for four of its C30 C1D2 microturbine systems for offshore oil drilling platforms in the Gulf of Mexico. The two companies have a long … Read the rest
EnerNOC (ENOC), So Co Edison 150MW Demand Response Contract Approved
The 150MW demand response contract between EnerNOC (ENOC) and So Co Edison which was originally announced in June 08, has been approved by the California Public Utilities Commission and will be effective until the end of 2012.
“The CPUC’s decision reflects the important role that demand response can play in reducing peak demand in SCE’s service territory,” said Tim Healy, EnerNOC’s chairman and CEO. “Adding more demand response resources to the state of California further … Read the rest
Capstone Turbine (CPST) Receives Brazil Order, Stock Making Breakout Attempt
Capstone Turbine (CPST) looks very strong today and making a run at the July high around 1.20 on news the company received an order in excess of $2 million for 3 of its C800 micro turbines for a Brazilian wastewater treatment plant. It marks the company’s first sale of the C800 in South America.
The low emission turbines will not only produce 2.4MW of electricity to power the equipment and the buildings of the two … Read the rest
China Energy Efficiency Play Breaks Out: Smartheat (HEAT)
The one-two combo of being a China green stock has proved to be a winning combo of late and one such stock is relatively off the radar. The company is SmartHeat (HEAT). The stock broke out of a base Monday with heavy volume ahead of its earnings report this morning. The results? The company posted a quarter over quarter EPS surge of 267%. Granted, it’s a very small company, but that may not be the … Read the rest
Capstone Turbine (CPST) Conference Call Highlights
The following conference call notes for Capstone (CPST) is provided courtesy of StreetInsider.com
- Growth in backlog exceeded internal forecasts
- In order to meet increased demand, may need to raise funds
- May not be able to utilize a line of credit due to failure to meet financial covenant relating to quarterly loss
- Experienced minor reduction in product backlog which company believes is impressive in this environment
- Increase in manufacturing costs related to product launches of C200
BorgWarner (BWA) To Supply First Automotive Works
BorgWarner just announced that it has been selected to supply China’s First Automotive Works with its turbochargers and EGR valves. Under the agreement, Borgwarner will supply First Automotive Works with the products beginning in 2010. First Automotive Works will use the turbo-chargers in their new gasoline engines and the EGR valves in their diesel engines to help the company’s vehicles meet the new China 4 emissions standards.
In a press release, Roger Wood, President and … Read the rest
Tobin Smith Recommends 3 Green Stock "Hidden Gems"
I just came across an article written over a month ago by well known investment “guru” Tobin Smith, highlighting three “hidden gem” green stocks. The article highlights Itron (ITRI), VMware (VMW) and Echelon (ELON) as companies that could benefit big in the coming green energy revolution. Itron (ITRI) may be relatively unknown to the average investor, but considering it’s the big guy in the smart grid space, it’s quite well known to those with … Read the rest
GE CEO Immelt & John Doerr: "US Falling Behind On Green Energy"
Yesterday in the Washington Post, General Electric (GE) CEO Jeff Immelt and famed venture capitalist John Doerr wrote an op ed piece highlighting the failure of the US to take the lead in green energy and the emergence of China as the leader.
Some interesting facts:
– China cars are 35% more fuel efficient
– they spend 10x what the US does as a % of GDP on green energy
– China on track to … Read the rest