Alternative Energy Stocks

Beacon Power Corp (BCON) is scheduled to deliver two presentations at conference sessions next week at the 2nd Annual POWER-GEN Renewable Energy Conference and Exhibition, held at the Las Vegas Hilton from March 1-3. Both presentations will focus on the role of flywheel energy storage systems, and Beacon's patented technology in particular, in critical power grid applications.

Air Products and Chemicals Inc (APD) new fueling station technology, featuring faster-fill hydrogen fueling advancements for fleet buses, will provide hydrogen for three Santa Clara Valley Transportation Authority (VTA) buses in San Jose, California. The three-year program to test the viability of zero-emissions bus (ZEB) technology was officially commissioned today at a kick-off event, as the first VTA zero-emission fuel cell buses were welcomed into operation.

Intrepid Technology and Resources, Inc. (IESV) announces that its biogas facility at the Whitesides dairy has processed over 500,000 gallons of manure in its initial month of operation. The manure has been rendered into irrigation water and fed back into the dairy's lagoons for use during the upcoming irrigation season. The process has proven reliable with improvements already made to the feed and control system. The hydrogen sulfide removal system, which was designed to meet pipeline gas specifications for the contaminant, has performed flawlessly.

Millennium Cell Inc (MCEL) announced that it will demonstrate a next generation product prototype to power a notebook PC at the Intel Developer Forum from March 1st through March 3rd at the Moscone Convention Center in San Francisco. Improving upon the previous system demonstrated at the Intel Developer Forum last fall, this system combines Millennium Cell's portable hydrogen fuel source technology with a PEM fuel cell to power an IBM X40 ThinkPad notebook PC. The fuel supply is contained in a sealed, single use cartridge similar in size and shape to a traditional battery pack, and the...

Distributed Energy Systems Corp (DESC) has been awarded a $3.1 million contract by Honeywell to provide a turnkey on-site combined heat and power (CHP) system for the United States Postal Service (USPS) Margaret L. Sellers Processing and Distribution Center (P&DC) in San Diego, California. The facility is the main mail handling facility for the San Diego district and supports more than 40 post offices within the performance cluster. The turnkey CHP system will provide 1.5MW of electricity in normal operation; an amount equal to 85% of the Sellers facility's forecasted power requirements. Recovered heat from the engine's exhaust...

ChevronTexaco Technology Ventures LLC (CTTV), a subsidiary of ChevronTexaco Corp. (CVX), unveiled its first Chevron Hydrogen energy station today at the Hyundai-Kia America Technical Center in California. ChevronTexaco is working with United Technologies Corporation (UTX) UTC Fuel Cells' equipped demonstration vehicles. At today's grand opening ceremony, racing legend Mario Andretti drove a Hyundai Tucson, equipped with a UTC Fuel Cells' 80-kilowatt, all-weather proton exchange membrane (PEM) fuel cell power plant, to the new hydrogen fueling dispenser.

Evergreen Solar Inc (ESLR) introduced Sunplicity(TM), an advanced Flat Roof Mounting System (FRMS) designed specifically for use with its EC-100 Series modules. Geared for large and small solar PV installations on commercial, institutional and government buildings, the Sunplicity FRMS is a non-penetrating, aerodynamic, self-ballasted system that enables faster, easier and more cost-effective PV installations.

Ballard Power (BLDP) announced significant progress in three areas crucial to the commercialization of automotive fuel cell stack technology- freeze start capability, durability and cost reduction - without compromising performance. Ballard scientists and engineers have demonstrated a stack design that can start repeatedly from -20 degrees C (-4 degrees F) and operate for more than 2,000 hours at a substantially reduced cost with no performance tradeoff.

Fuelcell Energy Inc (FCEL) and Alliance Power have formed a joint venture, Alliance Star Energy LLC, which has entered into a Master Energy Services Agreement (MESA) with Starwood Hotels & Resorts Worldwide, Inc. The MESA provides the framework for fuel cell power plant projects for Starwood's hotels and will streamline the process for business opportunities between Starwood and Alliance Star Energy. Initial focus will be in California, but the MESA is open to all of Starwood's hotels and resort properties. The first project under this MESA is to provide one megawatt of fuel cell power to the Sheraton...

Intrepid Technology and Resources, Inc. (IESV) has signed a contract with the Idaho Department of Water Resources Energy Office, whereby a $289,000 U.S. Department of Energy grant will be awarded to ITR. The funds will be used to upgrade ITR's Idaho Falls alternative vehicle fuel Compressed Natural Gas (CNG) station. Upon completion, the modifications will transform the CNG station to a state-of-the-art Liquid Natural Gas/Compressed Natural Gas (LNG/CNG) public fueling facility.

Quantum Fuel Systems Technologies Worldwide Inc (QTWW) announced that it was awarded a United States patent for portable and transportable hydrogen refueling systems. Quantum's patent covers portable and transportable hydrogen refueling systems that incorporate self-contained hydrogen producing subsystems or accept low pressure hydrogen from external sources, and are capable of compressing and dispensing at either 5,000- or 10,000-psi (35 or 70 MPa). Transportable hydrogen refueling stations play a major role in developing a hydrogen refueling infrastructure, for both commercial and military applications.

Unique Mobility Inc (UQM) announced that it has received a contract from the U.S. Army's Tank Automotive and Armaments Command (TACOM) to develop an advanced vehicle propulsion motor for application as a wheel mounted electric propulsion system for hybrid electric combat vehicles being developed under the Army's Future Combat Systems (FCS) program. The one year development effort will focus on the validation of a proprietary new design for a permanent magnet electric motor that has the potential to triple the torque capability compared to existing UQM(R) propulsion motors. Army funding for the cost-share project is $242,548 or 77...

FPL Group Inc (FPL) wind farms continue to help meet the growing need for pollution-free electricity while providing new economic opportunities for local communities and states across the United States. In 2004, FPL Energy's 43 wind farms produced more than 6.6 million megawatt hours of electricity for local utilities, municipalities, power marketers and rural electric cooperatives across the country, or enough power to serve more than 500,000 average homes. FPL Energy estimates that it would have taken the equivalent of 3.8 million tons of coal, or 32,579 train cars of coal, 10.5 million barrels of oil or more than...

Beacon Power Corp (BCON) announced that it has executed a contract with the California Energy Commission to demonstrate an advanced energy storage solution for frequency regulation and grid stability. At a business meeting on December 1, 2004, the California Energy Commission had given its approval to the project, leading to contract negotiations that have now been finalized. The contract is expected to produce approximately $1.2 million of revenue, with the majority of it in 2005.

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FPL Group Inc (FPL) wind farms continue to help meet the growing need for pollution-free electricity in Pennsylvania while providing new economic opportunities for local communities and the state. FPL Energy's five Pennsylvania wind farms, with a capacity of 129 megawatts, are capable of generating electricity for nearly 37,000 homes. In 2004, the wind farms offset generation emissions totaling about 192,000 tons of carbon dioxide; nearly 1,400 tons of sulfur dioxide and more than 300 tons of nitrogen oxide.