Clean Energy Fuels (CLNE) has been awarded another CNG contract this morning, this time from the Atlantic County Utilities Authority which provides waste and recycling services in southern New Jersey. CLNE will design, build and maintain a new compressed natural gas fueling station to support ACUA’s growing fleet of CNG vehicles. The facility will be open 24/7 and be available to the general public. No word on the financials of the deal
James Harger … Read the rest
One green stock nobody is talking about is Ocean Power Technologies (OPTT), which remains in a nasty downtrend. Just about every other green stock has seen its stock surge this year.. from Rentech (RTK) with its jet biofuel to Capstone (CPST) with its microturbines to the solars and lithium battery companies. Nearly all have rocketed higher. Poor old OPTT remains mired in the abyss of a record low stock price. Perhaps that may change .. … Read the rest
PPL Energy PLus, a division of PPL Corp (PPL) announced it has signed an agreement with Sunpower (SPWRA) to purchaxe New Jersey Solar Renewable Energy Certificates (SRECs) over the next next 10 years.
SRECs are certificates representing the energy benefits generated from solar energy and are issued each time one MW hour of electricity is generated. They can then be sold or traded. PPL will purchase SunPower SRECs which provide them with the funds needed … Read the rest