Thursday, December 9, 2010

Alternative energy stocks CPST, CCTC, ESLR, JASO, LDK

Capstone Turbine Corporation ( NASDAQ: CPST ) today received an order for three
C1000 power packages for a large independent oil-and-gas exploration and
production company in the Eagle Ford Shale play in South Texas. The Capstone
distributor Pumps & Service, which secured the order, expected the customer will
order additional C1000 turbines in the near future Capstone engages in the
development, manufacturing, marketing and servicing of microturbine technology
solutions for use in stationary distributed power generation applications,
including cogeneration, integrated combined heat and power and combined cooling,
heat and power, resource recovery and secure power. Clean Coal Technologies (
PINK: CCTC ) recently announced that it has signed a exclusive agreement with
Morgan Brown Ayres & Company. The Morgan Brown Ayres & Company is a private,
relationship based vehicle, with an emphasis directed to the clean
energy/services market in the field of municipal solid waste, coal and coal
related by-products, and whose principals experience span multiple decades back
to the 1950s. Clean Coal Technolog designs and builds green state of the art
plants, which convert coal into a clean burning fuel source utilizing a patented
pre-combustion beneficiation process. It owns a patented process technology to
provide its service. Evergreen Solar, Inc. ( NASDAQ: ESLR ) yesterday announced
its approval of a comprehensive recapitalization plan to align the company's
capital structure with its current business model and to improve its position
for future growth. The recapitalization plan provides for reducing the
company's outstanding indebtedness and annual interest expense. The
recapitalization plan included exchange offers and a consent solicitation. It
includes raising additional capital by seeking to sell up to $40,000,000
aggregate principal amount of Evergreen Solar's new 4% convertible
subordinated additional cash notes due 2020. Also includes implemention of the
1-for-6 reverse stock split previously approved by Evergreen Solar's
stockholders at the company's annual meeting on July 27, 2010, which will
become effective prior to the closing of the exchange offers and increasing
Evergreen Solar's authorized shares of common stock from 120,000,000 to
240,000,000 shares in order to ensure that the company has sufficient shares
available for future issuances. Evergreen Solaris is involved in development,
manufacturing and marketing the string ribbon solar panels, utilizing its wafer
manufacturing technology. JA Solar Holdings Co., Ltd. ( NASDAQ: JASO ) recently
announced that it had completed the sales of $100 million face-value USD 3-Month
LCMNER Index-Linked Note for cash consideration of $34.6 million. JA Solar
manufactures high-performance solar cells based in Peoples Republic of China.
LDK Solar Co., Ltd. ( NYSE: LDK ) recently announced that the company has
entered into a multi-year wafer and polysilicon supply contract with Shanxi Luan
Photovoltaic Technology, a subsidiary of Luan Group, a leading Chinese energy
enterprise. As per the terms of the contract, LDK Solar will provide 120
megawatts (MW) of solar wafers commencing in January 2011 through December 2012
and 2,000 metric tons of polysilicon commencing in January 2011 through February
2013. LDK Solar produces solar wafers in terms of capacity, and is a solar
module manufacturer. Disclosure: This corporate profile is provided for
information purposes only and should not be used as the basis for any investment
decision. We are neither licensed nor qualified to provide investment advice. We
were not paid, nor do we hold a position in these stocks. We reserve the right
to buy or sell  CPST, CCTC, ESLR, JASO and LDK at any time after this post.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...