Energy Tab – Zero; Futuristic Homes Rely on the Power of the Sun and High-Tech Construction
URL: http://www.denverpost.com/search/ci_3140569 Website: http://www.denverpost.com/search/ci_3140569
Cleantech Venture Investment to Reach $10 Billion by 2009
Cleantech Venture Network LLC released the “Cleantech Capital Report – 2005,” the first comprehensive examination and projection of cleantech venture investments and capital requirements. The report examines North American cleantech venture capital investment over a 10 year period covering more than $7.3 billion of cleantech venture investments from 1999 through mid 2005 and projecting cleantech investment to the end of 2009. The report forecasts that capital dedicated to cleantech could total $10 billion from 2005 through 2009. “The report captures three distinct phases in the evolution of the cleantech investment category, starting with the recent Internet-related ‘bubble and burst’ period, the present ‘learning and diversification’ phase and the next phase, which may have already begun, called ‘growth and returns’ in which capital requirements may outstrip supply. This will have significant implications for both investors and entrepreneurs as it appears that “cleantech” is emerging as a defined investment theme at twice the pace of “biotech’s” rise in the 1980s and early 90s” said Nicholas Parker, co-founder and chairman of the Cleantech Venture Network LLC. “With the combination of rising energy costs, overall natural resource scarcity, growing demand for environmentally superior products and greatly improved cleantech alternatives, it is possible cleantech will […]
Pitfalls on Renewable Energy – It's a Popular Idea, but Share-Price Performance Has Been Erratic
URL: http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=1925&topicId=100002042&docId=l:321555356&start=3 Website: http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=1925&topicId=100002042&docId=l:321555356&start=3
India: Moser Baer to Start Solar Cell and Module Manufacture
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Millennium Cell Reports Third Quarter Results
Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen battery technology reported a net loss for the quarter ended September 30, 2005 of $3.4 million, or $0.08 per share, as compared to $2.3 million, or $0.06 per share in the same period of 2004. The increase in net loss is attributable to non-cash interest expense incurred to convert a substantial portion of its convertible instruments during the third quarter. In addition, professional fees increased over the same quarter in the prior year. The results were within expectations for the third quarter. The company said it made several improvements to its balance sheet during the quarter. Firstly, nearly half of the $10 million of Series C Preferred Stock, issued in April 2005, were converted into common stock. Secondly, the remaining $1.0 million of unsecured debentures were converted into common stock. Lastly, Ballard Power Systems sold $2.4 million of its secured debentures to a group of accredited institutional investors. Millennium Cell and the new holders of the debentures are currently working to modify the terms of the secured debentures with the goal of releasing the restricted cash for use in operations. “Actions taken by Millennium Cell and by major stockholders this […]
American Power Falls on Disappointing Earnings
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Trex Announces Third Quarter 2005 Results
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Timberland 3Q Profit Up Slightly
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Wal-Mart to Seek Big Savings in Energy
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Portugal Launches World's Largest Solar Project
The operating permit for the world’s largest solar plant has been granted in Portugal by economy minister, Manuel Pinho. 350,000 solar panels will be spread over 114 hectares, making it several times larger than the largest existing solar plant, in Germany. The installed capacity of 49.6 megawatts will be able to produce 88 gigawatts of electricity a year. The 250 million euro project will create about 430 jobs. There will also be a BP solar panel factory and a research lab on the site.