EnerNoc (ENOC) continues to rack up the utility demand response contracts and the stock is reflecting it, up nearly 50% in March alone. This morning the company is announcing 4 new contracts in Maryland totaling 250 MW with Allegheny Power, Baltimore Gas & Electric, Delmarva Power and Light and Potomac Electric Power which brings the total to 7 new new contracts in the first quarter 2009.
In November of last year the Maryland Public Service … Read the rest
EnerNOC (ENOC), energy efficiency extraordinaire looking for it’s first profitable year (and still looking), posted a loss that was considerably smaller than what analysts had expected but greater than the year ago period after the bell today. The company posted a non GAAP loss of .45/share which was .21/share better than expectations on revenues of $19.7 (flat from a year ago)
“The fourth quarter marked a strong conclusion to an outstanding 2008, a year in … Read the rest
Energy Focus (EFOI), a leading energy efficient lighting specialist is up more than 20% today (keep in mind it’s a penny stock) after it announced it’s been recognized as an official GSA Schedule contractor to the US Government which opens up it’s product line for the potential use in projects determined by the $787 economic stimulus package.
“Becoming a recognized GSA Schedule contractor will expedite the procurement of Energy Focus’ energy efficient and green products … Read the rest
There’s a good piece over at Portfolio.com about Google’s green energy initiatives and collaboration with GE. Google’s goal is to make every home energy efficient so that appliances know when to power up and down while heating and cooling respond automatically to the prices in energy. Before that can happen big time upgrades must happen in the transmission lines which are horribly outdated and inefficient.
Google aims to do with energy what it’s done for … Read the rest
EnerNoc (ENOC) continues to expand its demand response portfolio. About a week ago the company announced a deal with the City of Boston.
“The City of Boston is a hub of clean tech innovation, and EnerNOC is a shining example of Boston-based companies that are making an impact on the way the world uses energy. Demand response allows the City to implement smart energy saving measures and make an immediate contribution to the overall reliability … Read the rest
Xcel Energy started the new year off by unveiling an ambitious energy efficiency plan that could save the same amount of energy that a new coal-fired plant would produce. According to MSNBC, in 2009 Xcel plans to invest $63 million in programs aimed at promoting energy efficiency. The company plans to continue the effort by spending $80 million on the programs in 2010.
According to Xcel Energy spokesman Mark Stutz, the investment should result … Read the rest
Energy Focus (EFOI), a leader in energy efficient lighting announced today that it has finalized a multi phase contract with Architectural Floors of Cleveland and includes design, manufacturing, engineering, installation and support services to light their 65,000 sq ft storage and distribution facility. No word on how large the deal is.
“Energy Focus offers a complete energy solution package, a solution that provides substantial energy cost savings, easier maintenance and improved illumination,” said Joe Kaveski, … Read the rest