Alternative Energy Stocks

Air Products and Chemicals Inc (APD) announced today that it will expand its Baytown, Texas facility to produce 70 million standard cubic feet per day of hydrogen. A portion of the hydrogen produced will be supplied to the adjacent ExxonMobil Baytown Refinery under a long-term agreement, with the remainder transported through the Air Products West Gulf Coast hydrogen pipeline system to other customers. Currently this increased production will primarily be used by ExxonMobil for petro-based fuels. The excess will be shipped out to APD's hydrogen pipeline system which could be used for future hydrogen needs.

Privatly held Stirling Energy Systems is in the news today. This company takes the 19th century Stirling engine and pairs it with a solar collector to generate clean energy. "The Stirling engine makes solar power so much more efficiently than photovoltaic solar cells can," said Robert Liden, chief administrative officer at Stirling Energy Systems Inc. (Phoenix). "That's because the Stirling solar dish directly converts solar heat into mechanical energy, which turns an ac electrical generator." The bottom line, he said, "is that large farms of Stirling solar dishes ��? say, 20,000-dish farms ��? could deliver cheap solar electricity...

Green Energy Resources, Inc. (NYIL) announced today that it has signed a new supply contract with Texas Energy Resource Management. Texas Energy has three locations in Eastern Texas including a chip mill facility in Crockett, a recycling facility in Buna and a recycling facility in Houston. This contract will supply approximately 500,000 tons annually of whole tree wood chips. The chips are exclusively for export to other NYIL customers throughout the EU.

Hydrogenics Corp (HYGS) announces that its wholly owned subsidiary, Greenlight Power Technologies, received a test station contract from QuestAir Technologies to supply three specialized test rigs to support the development of QuestAir's advanced pressure swing adsorption (PSA) products for refinery, petrochemical and industrial applications. PSA technology is utilized by a wide range of industrial applications for purification of such gases as hydrogen, oxygen and helium. Greenlight's test equipment contract, valued at US$615,000, is scheduled for delivery to QuestAir by the end of the first quarter 2005. This contract was included in the backlog cited in Hydrogenics' recent third...

ZAP (ZAPZ) annouces that after five years on the market in Europe, the 60-MPG SMART car was granted a certificate of conformity by the U.S. Environmental Protection Agency, clearing the way for U.S. sales.

Beacon Power Corp (BCON) announced that on November 17 it received a letter dated November 16, 2004 from the Nasdaq Stock Market, stating that the Nasdaq Listing Qualifications Panel has granted the Company an additional 180 days to regain compliance with marketplace Rule 4310(c)(4). What this means is that Beacon is going to do everything in its power to get the stock price back above $1. They had a nice run up to .80 in October but have since fallen back down to the .40 range. Shares in BCON are up 10% today on this reprieve.

Worldwater Corp (WWAT)has finalized a contract to install a 57-horsepower solar-powered pumping system at the Idyllwild Water District, in Idyllwild, California. It is the first use of large solar pumps by a water utility and the first use of WorldWater's AquaMax(TM) for this purpose, according to Quentin T. Kelly, WorldWater Chairman and CEO. WorldWater, a full service provider of solar power solutions, will handle all aspects of installation of the $309,000 system.

The U.S. Department of Energy (DOE) has selected IdaTech (IDA) for a $1.4 million award to conduct a three-year program of fuel cell system research and development targeting off-road vehicle applications. This is the second DOE award granted to IdaTech in the past 14 months. IDA maybe one of the safest ways to enter the AltE stock market. They have a diversified product line and also a nice dividend which is currently 3.75%.

Hydrogenics Corp (HYGS) announces that it has been contracted by the Ministry for Transport Energy and State Planning of the State North-Rhine-Westphalia (NRW), Germany, to develop a fully operational electric hybrid 'midi-bus'. The propulsion system of the 17 foot European-manufactured bus platform will be based on Hydrogenics' high performance fuel cell hybrid design that integrates HyPM® power module technology. Also under the terms of the contract, Hydrogenics will supply full scale testing and select demonstrations in NRW. The contract is a cost share arrangement in which NRW will fund 50% of the project cost up to euro 566,000...

An article written by David Redstone at Forbes.com discusses Medis Technologies Ltd. (MDTL) and its plans to work with General Dynamics to supply portable fuel cells to the military market. David believes investors in Medis Technologies will be rewarded with gains of 25% in the next 12 to 24 months.

Market researcher Fuji Keizai announced November 16 that it has published a report on fuel cell technologies and future development of the full cell market. The report, forecasts that demand for PEFC (PEM fuel cells) for automobiles, SOFC (solid-oxide fuel cells), and micro fuel cells will reach $8.50 bil, $1.89 bil, $283.0 mil, respectively, in 2020. Including PAFC (phosphoric-acid fuel cells) and MCFC (molten carbonate fuel cells), the fuel cell market is expected to reach $2.67 bi in 2015 and $11.32 bil in 2020. The market growth forecasts provided in the report take such factors into account...

Right on the heels of Colorado passing Amendment 37, Pennsylvania is waiting for State House approval on the passage of their own legislation mandating clean energy production. This new bill states that by 2020, utilities would be required to provide 18 percent of the electricity used in Pennsylvania from alternative sources, like wind, solar and waste coal. Wind should be the big winner for this region.

GE Global Research, the centralized research organization of the General Electric Company (GE), announced that it was selected by the Department of Energy (DOE) to lead $11 million of research projects in the development of hydrogen as a fuel source. The programs are focused on near and long term solutions for the production of hydrogen with sustainable, clean technologies. GE Global Research will contribute approximately $2.5 million to the projects with the balance coming from DOE and other industry partners. This project plans to study the creation of hydrogen from solar water splitting, naturual gas/bio production, and...

Privately held Nuvera Fuel Cells, Inc., based in Italy, announced it has delivered an H2e(TM) power module to The Toro Company. Toro plans to evaluate Nuvera's hydrogen powered fuel cell system for its potential use in professional grounds and turf care equipment. Nuvera is developing hydrogen fuel cell power modules for the industrial vehicle and equipment market. Toro is assessing fuel cell technology as an emerging energy alternative that is clean, quiet, and reliable power for different types of grounds maintenance equipment. I can't wait to ride my new fuel cell powered lawn tractor.

Spanish Energy producer ENDESA (ELE) will have 75.9 MW of additional wind power in Galicia, now that its subsidiary, ECYR, (ENDESA Cogeneracion y Renovables) has completed construction of the Fonsagrada-Punago wind power complex in the Province of Lugo. ENDESA currently has operative installed wind energy capacity totalling 999 MW, with an additional 163 MW under construction, giving it a national market share of 16.6 %. Year to date, the Company has brought 4 wind parks into operation, representing 77 MW, while it has commenced construction on 7 new farms, which will add 163 MW to current installed capacity....

Astris Energi Inc. (ASRNF) announced they had received a purchase order from Alternate Energy Corporation (ARGY) for the first Model E8 Portable Power Generator covered by the value-added reseller (VAR) agreement they signed in May 2004. As well as the initial unit to be delivered in a few weeks, the purchase order included five additional Model E8s to be delivered in stages later in 2005. The E8 Generator is the latest in a series of Astris power generators driven by Astris' AFC technology. Nominally rated at 2.4kW and providing 48 VDC power at 50 amperes of current, the...