UTEK: Small Cap Stock Alternative Energy Nanotech Play
Friday, October 12th, 2007 at
4:31 pm
Here’s a company I’ve been buying and selling for 3 years now.
As nanotechnology as a buzz word ebbs and flows so does this stock. The company though continually leads in providing profits for companies in the energy sector.
UTEK Corporation, Tampa Tania Bernier, 813-754-4330 x 223 (USA) or Bankside Consultants (UK) Steve Liebmann or Simon Bloomfield, + 44 (0) 20-7367-8883 or World Energy Solutions Benjamin Croxton, 727-525-5552
The BatteryMINDer Solar Charging System is an ideal choice for 12 Volt battery operations. This complete system is specifically designed for charging and maintaining up to four 12V batteries of any size/type/brand. Extends performance and life of 12V lead-acid, maintenance-free, marine deep cycle and sealed AGM batteries. Fully automatic desulfator dissolves life-shortening sulfate using safe low voltage high frequency pulses. Charges: Yes, Maintains: Yes, Desulfates: Yes, Conditioner: Yes, Works With: 12V lead-acid batteries, Amps: 1.25, Trickle Charge Amps: Regulated up to 1.25A, Charges Multiple Batteries (qty.): 4, Overcharge Protection: Yes, Polarity Reversal Protection: Yes, Power Source: Solar panel, Power Cord (ft.): 20in. from panel to controller Built-in automatic desulfator Not for use with aircraft batteries
PowerG Grid-Tie Solar System offers this grid-tie solar system that is designed for residential and commercial applications. The kit provides an investment-grade array of solar panels, inverters, racking and technical support to capture the power of the sun for your home or business. High-performance 240 Watt, 72 cell monocrystalline solar panels (64.6in.L x 39.1in.W x 1.8in.H) collect power and heavy-duty, 60Hz based inverter converts solar energy to grid-tie compliant AC power. Call 888-955-3469 for free online evaluation and quote. Common Usage: Grid-Tie System, Panel Type: Monocrystalline, Solar Panel Wattage: 240 Per panel, Rated Watts (kW): 2.88, Dimensions L x W (in.): 64 5/8 x 39 1/8, Thickness (in.): 1 13/16, Material Type: 72 Cell monocrystalline, Solar Panels Included (qty.): 12, Battery Qty.: 0, Mounting Hardware Included: Yes Reduce or even eliminate electrical bills; in some cases system can spin meter backwards and sell excess electricity back to the utility
PowerG Grid-Tie Solar System offers this grid-tie solar system that is designed for residential and commercial applications. The kit provides an investment-grade array of solar panels, inverters, racking and technical support to capture the power of the sun for your home or business. High-performance 240 Watt, 72 cell monocrystalline solar panels (64.6in.L x 39.1in.W x 1.8in.H) collect power and heavy-duty, 60Hz based inverter converts solar energy to grid-tie compliant AC power. Call 888-955-3469 for a free online site evaluation and quote. Common Usage: Grid-Tie System, Panel Type: Monocrystalline, Solar Panel Wattage: 240 Per panel, Rated Watts (kW): 2.18, Dimensions L x W (in.): 64 5/8 x 39 1/8, Thickness (in.): 1 13/16, Material Type: 72 Cell monocrystalline, Solar Panels Included (qty.): 9, Battery Qty.: 0, Mounting Hardware Included: Yes Reduce or even eliminate electrical bills; in some cases system can spin meter backwards and sell excess electricity back to the utility
PowerG Grid-Tie Solar System offers this grid-tie solar system that is designed for residential and commercial applications. The kit provides an investment-grade array of solar panels, inverters, racking and technical support to capture the power of the sun for your home or business. High-performance 240 Watt, 72 cell monocrystalline solar panels (64.6in.L x 39.1in.W x 1.8in.H) collect power and heavy-duty, 60Hz based inverter converts solar energy to grid-tie compliant AC power. Call 888-955-3469 for free online evaluation and quote. Common Usage: Grid-Tie System, Panel Type: Monocrystalline, Solar Panel Wattage: 240 Per panel, Rated Watts (kW): 7.92, Dimensions L x W (in.): 64 5/8 x 39 1/8, Thickness (in.): 1 13/16, Material Type: 72 Cell monocrystalline, Solar Panels Included (qty.): 33, Battery Qty.: 0, Mounting Hardware Included: Yes Reduce or even eliminate electrical bills; in some cases system can spin meter backwards and sell excess electricity back to the utility
PowerG Grid-Tie Solar System offers this grid-tie solar system that is designed for residential and commercial applications. The kit provides an investment-grade array of solar panels, inverters, racking and technical support to capture the power of the sun for your home or business. High-performance 240 Watt, 72 cell monocrystalline solar panels (64.6in.L x 39.1in.W x 1.8in.H) collect power and heavy-duty, 60Hz based inverter converts solar energy to grid-tie compliant AC power. Call 888-955-3469 for free online evaluation and quote. Common Usage: Grid-Tie System, Panel Type: Monocrystalline, Solar Panel Wattage: 240 Per panel, Rated Watts (kW): 5.76, Dimensions L x W (in.): 64 5/8 x 39 1/8, Thickness (in.): 1 13/16, Material Type: 72 Cell monocrystalline, Solar Panels Included (qty.): 24, Battery Qty.: 0, Mounting Hardware Included: Yes Reduce or even eliminate electrical bills; in some cases system can spin meter backwards and sell excess electricity back to the utility
Optimizes all solar panels charge rates. Prevents over/under charging. Full time desulphation pulses safely extends life and performance of all batteries. Features exclusive U.S. Patented PulseMode desulphation circuitry, designed to safely remove sulphation. Charges: Yes, Maintains: Yes, Desulfates: Yes, Conditioner: Yes, Works With: All batteries / 12V lead-acid, Amps: .45, Trickle Charge Amps: Regulated up to 0.45 as needed, Charges Multiple Batteries (qty.): 1, Overcharge Protection: Yes, Polarity Reversal Protection: Yes, Power Source: Solar panel, Power Cord (ft.): 20 Not for use with aircraft batteries
NEW YORK -(Dow Jones)- Looking to develop its renewable energy portfolio, Duke Energy Corp. (DUK) is seeking to acquire a solar project development company, Clean Technology Investor has learned.
In May, the Charlotte, N.C.-based power company bought Austin, Texas-based wind-power development business Tierra Energy LLC from Energy Investors Funds for an undisclosed sum. That acquisition included more than 1,000 megawatts of wind assets under development in the Western and Southwestern U.S.
(This story also appeared in Clean Technology Investor, a newsletter and information service published by Dow Jones & Co.)
Now the company is looking to broaden its renewable power project development expertise by adding a solar developer to the mix. The company is “actively pursuing some joint ventures and potential acquisitions of solar developers,” said David Mohler, Duke Energy’s chief technology officer, in an interview. ” That’s a model that’s very interesting.”
Mohler wouldn’t disclose the names of any potential targets, nor did he set a timeframe for when a transaction might be completed.
In recent months, venture capital investors have invested in several firms that develop solar projects and use long-term power purchase agreements and financing from tax investors to get the projects built.
Mill Valley, Calif.-based Solar Power Partners; Jersey City, N.J.-based Soltage Inc.; San Mateo, Calif.-based Tioga Energy Inc.; and San Francisco-based Recurrent Energy Inc. have all raised capital to develop renewable energy projects.
Even the large Baltimore-based real estate-focused financial services company MuniMae LLC has its own project finance group in the form of San Francisco-based MMA Renewable Ventures.
For Mohler and Duke Energy, the project development business is a small part of a larger push into renewable energy and energy efficiency. “We are at the front edge of deploying the smart grid infrastructure,” Mohler said.
Smart-grid, which entails adding information technology and advanced monitoring and management services to a utility’s existing infrastructure, is seen as a key step to ensuring the continued viability of aging network architecture, Mohler said.
“There is roughly $975 million in our five-year capital plan to deploy utility-of-the-future infrastructure,” Mohler said. The utility is looking at making its initial deployments in upstate North Carolina, as well as around Charlotte, and in Ohio, Mohler said. He projected that the company might invest up to $1.4 billion to roll out the smart-grid technology to the utility’s entire network.
“Fundamentally we need the infrastructure, to make our electric system a whole lot smarter,” Mohler said.
However, Mohler cautioned, for energy-efficiency measures to really take hold, Duke Energy is looking for government to make a few changes to the way the power company has to operate.
“Today if we have an alternative between building new generation to meet increasing electric demand or building infrastructure to support energy efficiency, the economic incentive today is to build new generation,” Mohler said.
To change that incentive model, Duke has proposed what it calls a “save-a- watt” system akin to the decoupling system in California, in which utilities such as San Francisco-based Pacific Gas & Electric Co., a unit of PG&E Corp. ( PCG), are guaranteed a set amount of revenue for providing both power and efficiency services.
“If we deploy capital and build infrastructure and capitalize on energy efficiency, that should be counted the same as building new generation,” Mohler said. “We advocate that we get 90% of what we would have gotten in terms of generation,” for investment in energy efficiency technologies, he said.
Ultimately, all of this is a reaction to the eventual price that society will have to pay for carbon emissions, Mohler said.
“When I look at the market fundamentals, the bottom line is the cost of electricity is going to go up in the next few years,” he said.
Shares of Duke Energy were up 3 cents to $19.07 in Monday’s trading on the New York Stock Exchange.
-By Jonathan Shieber, Dow Jones Newsletters; 201-938-4305; jonathan.shieber@ dowjones.com
(5.0 out of 5)
Duke Energy Wants To Buy A Solar Developer
October 30, 2007: 11:10 AM EST
NEW YORK -(Dow Jones)- Looking to develop its renewable energy portfolio, Duke Energy Corp. (DUK) is seeking to acquire a solar project development company, Clean Technology Investor has learned.
In May, the Charlotte, N.C.-based power company bought Austin, Texas-based wind-power development business Tierra Energy LLC from Energy Investors Funds for an undisclosed sum. That acquisition included more than 1,000 megawatts of wind assets under development in the Western and Southwestern U.S.
(This story also appeared in Clean Technology Investor, a newsletter and information service published by Dow Jones & Co.)
Now the company is looking to broaden its renewable power project development expertise by adding a solar developer to the mix. The company is “actively pursuing some joint ventures and potential acquisitions of solar developers,” said David Mohler, Duke Energy’s chief technology officer, in an interview. ” That’s a model that’s very interesting.”
Mohler wouldn’t disclose the names of any potential targets, nor did he set a timeframe for when a transaction might be completed.
In recent months, venture capital investors have invested in several firms that develop solar projects and use long-term power purchase agreements and financing from tax investors to get the projects built.
Mill Valley, Calif.-based Solar Power Partners; Jersey City, N.J.-based Soltage Inc.; San Mateo, Calif.-based Tioga Energy Inc.; and San Francisco-based Recurrent Energy Inc. have all raised capital to develop renewable energy projects.
Even the large Baltimore-based real estate-focused financial services company MuniMae LLC has its own project finance group in the form of San Francisco-based MMA Renewable Ventures.
For Mohler and Duke Energy, the project development business is a small part of a larger push into renewable energy and energy efficiency. “We are at the front edge of deploying the smart grid infrastructure,” Mohler said.
Smart-grid, which entails adding information technology and advanced monitoring and management services to a utility’s existing infrastructure, is seen as a key step to ensuring the continued viability of aging network architecture, Mohler said.
“There is roughly $975 million in our five-year capital plan to deploy utility-of-the-future infrastructure,” Mohler said. The utility is looking at making its initial deployments in upstate North Carolina, as well as around Charlotte, and in Ohio, Mohler said. He projected that the company might invest up to $1.4 billion to roll out the smart-grid technology to the utility’s entire network.
“Fundamentally we need the infrastructure, to make our electric system a whole lot smarter,” Mohler said.
However, Mohler cautioned, for energy-efficiency measures to really take hold, Duke Energy is looking for government to make a few changes to the way the power company has to operate.
“Today if we have an alternative between building new generation to meet increasing electric demand or building infrastructure to support energy efficiency, the economic incentive today is to build new generation,” Mohler said.
To change that incentive model, Duke has proposed what it calls a “save-a- watt” system akin to the decoupling system in California, in which utilities such as San Francisco-based Pacific Gas & Electric Co., a unit of PG&E Corp. ( PCG), are guaranteed a set amount of revenue for providing both power and efficiency services.
“If we deploy capital and build infrastructure and capitalize on energy efficiency, that should be counted the same as building new generation,” Mohler said. “We advocate that we get 90% of what we would have gotten in terms of generation,” for investment in energy efficiency technologies, he said.
Ultimately, all of this is a reaction to the eventual price that society will have to pay for carbon emissions, Mohler said.
“When I look at the market fundamentals, the bottom line is the cost of electricity is going to go up in the next few years,” he said.
Shares of Duke Energy were up 3 cents to $19.07 in Monday’s trading on the New York Stock Exchange.
-By Jonathan Shieber, Dow Jones Newsletters; 201-938-4305; jonathan.shieber@ dowjones.com