Alternative Energy Stocks

ABB Ltd (NYSE: ABB) Q2 Results Falls Ahead of the Street View July 23, 2009

This year’s second quarter net income of renowned electrical grid transformers maker, ABB Ltd (NYSE:ABB), tumbled 35 percent in the wake of weakening demand, yet the results were enough to surprise analysts and investors alike, owing to its lowered cash burn rate which contained the force of the crash during the period, can reveal. read more

Air Products & Chemicals, Inc. (NYSE: APD) Sees an Upsurge in Fiscal Q3 Income July 22, 2009

Air Products and Chemicals, Inc. (NYSE: APD) has turned in a solid fiscal third quarter profit that overstepped street estimates and the figures of the prior year period, while on the other hand, the industrial and medical gas supplier’s net income from continuing operations retreated 61 percent year-over-year on account of asset actions and pension settlement costs. read more

United Technologies Corporation (NYSE: UTX) Q2 Earnings Swings Low On Prior Yea... July 21, 2009

Despite expanding its reorganization process, by laying off about 11,600 employees in an earlier move to repel the aftermaths of the recession, restructuring charges and weak demand in the key operations of aviation and construction still caught up with United Technologies Corporation (NYSE: UTX), in the second quarter, as its earnings lost sparkle in relation to the same period of last year. read more

DOE to Deliver $12.4 Million in Federal Funding to American Superconductor Corp... July 21, 2009

From an aggregate amount of nearly $47 million, appropriated for the furtherance of smart grid technologies under the American Recovery and Reinvestment Act, about $12.4 million will be delivered to Massachusetts for two projects owned by American Superconductor Corporation (NASDAQ: AMSC), U.S Energy Secretary, Steven Chu proclaimed on Monday. read more

Q2 Fallen Earnings of Johnson Controls, Inc. (NYSE: JCI) Comes in Better than S... July 20, 2009

The stock price of Johnson Controls, Inc. (NYSE: JCI) held steady in Monday morning’s trading, as the auto parts and construction products supplier reported better-than-anticipated quarterly earnings, notwithstanding such earnings having fallen by 63 percent year-on-year, due to the downturn in economic activity. read more

United Technologies Corporation (NYSE: UTX) Scoops Lucrative Navy Contract July 20, 2009

Pratt & Whitney, a holding of United Technologies Corporation (NYSE: UTX) responsible for designing, manufacturing and servicing aircraft engines, as well as industrial gas turbines and space propulsion technologies, last week reported scooping a contract worth $571.1 million towards the start-up engine production for the Joint Strike Fighter, a program that targets the replacement of lagging and defective military aircraft for the U.S and its allies. read more

General Electric Company (NYSE: GE) Plans to Induct New Homeowner Energy Manage... July 16, 2009

One of General Electric Company’s (NYSE: GE) 2015 resolutions is to witness the dawn of smart grid reality through next year’s induction of its latest energy management system named the ‘Home Energy Manager’, which will work hand in hand with the forthcoming smart thermostats to optimize energy and achieve zero consumption costs annually, the company said Tuesday. read more

Ener1, Inc. (NASDAQ: HEV) to Supply Lithium-Ion Batteries for Volvo’s Demonst... July 15, 2009

Ener1, Inc. (NASDAQ: HEV) has been selected to supply lithium-ion battery solutions for Volvo Car Corporation’s two demonstration plug-in hybrid V70 models which will serve as forerunners to a planned series production in 2012. read more

LDK Solar Co., Ltd. (NYSE: LDK) Advances to Intensify Grip on Italian Solar Mar... July 15, 2009

In a campaign to solidify its presence in the emerging Italian photovoltaic market, China-headquartered LDK Solar Co., Ltd. (NYSE: LDK) on Tuesday stated it has followed up its recent successful projects in that country with the acquisition of a 70 percent controlling stake in Milan-based Solar Green Technology S.p.A (SGT). read more

Suntech Power Holdings Co., Ltd. (NYSE: STP) Signs Strategic Contracts to Devel... July 14, 2009

Manufacturer of crystalline silicon PV modules for electric power applications, Suntech Power Holdings Co., Ltd. (NYSE: STP) has clinched strategic agreements from four local governments in China to develop a total of 1.8 gigawatts (GW) of solar energy capacity, the company revealed on Monday. read more

Koninklijke Philips Electronics NV (NYSE: PHG) Stuns Wall Street with a Second ... July 14, 2009

Shares of Koninklijke Philips Electronics NV (NYSE: PHG) gained ground in Monday’s trading, with the month’s highest closing price, after a stellar performance stirred up by reports that the Dutch conglomerate had stunned market expectations with a comeback to profitability in the second quarter ended June 30. read more

Quantum Fuel Systems Technologies (NASDAQ: QTWW) Agrees to a $10.2 Million Deal... July 13, 2009

Pursuing dominance in the green car revolution with almost exaggerated zeal, Fisker Automotive, Inc. has re-engaged Quantum Fuel Systems Technologies (NASDAQ: QTWW) for $10.2 million, to supply the Q-Drive system for its Phase III development of plug-in hybrid powertrains. read more

The Greenbrier Companies (NYSE: GBX) Posts Q3 Loss Amid Contract Dispute with G... July 10, 2009

Prominent manufacturer of transportation equipment, The Greenbrier Companies (NYSE: GBX) has announced a wide fiscal third quarter loss driven by goodwill write-downs and soft demand, as the company currently locked in a contract dispute with General Electric Company (NYSE: GE) involving railroad freight cars, also revealed plans to implement severe cost-cutting measures. read more

Covanta Holding Corporation (NYSE: CVA) Moves to Spend $450 Million on Veoliaâ€... July 8, 2009

Recognized for distinctive renewable energy projects worldwide, Covanta Holding Corporation (NYSE: CVA) has moved to expand its portfolio of Energy-from-Waste (EfW) operations through a recently announced definitive agreement to purchase Montenay International, a North American group of seven EfW ventures belonging to a French company, Veolia Environnement (NYSE: VE). read more

Beacon Power Corp. (NASDAQ: BCON) Gets Loan Guarantee as DOE shifts Attention t... July 7, 2009

Out of sixteen entries, Beacon Power Corp. (NASDAQ: BCON) recently emerged as the lone clean tech company selected from the category of ‘Electricity Delivery and Energy Reliability’ for the Department of Energy’s (DOE) Loan Guarantee Program, as the U.S energy policy switches attention to technologies that have been hitherto overlooked. read more

ABB Ltd. (NYSE: ABB) Acquires a Lucrative Project in the UK July 6, 2009

Swiss power and automation technologies company, ABB Ltd. (NYSE: ABB) last week announced it has landed a lucrative contract from UK’s National Grid plc (NYSE: NGG) for a 400 kV subsidiary station that is expected to generate electricity to the utility system through a new power station in the North-west of England. read more

Suntech Power Holdings Co., Ltd. (NYSE: STP) Acquires a Multi-million Dollar Loan July 3, 2009

International Finance Corporation (IFC), an investment unit of the World Bank Group that supports sustainable development, has agreed to grant Suntech Power Holdings Co., Ltd. (NYSE: STP) a convertible loan worth $50 million, amid recent claims that lenders increased new credit commitments by 64 percent during the last quarter. read more

Honeywell International Inc. (NYSE: HON) Closes in on Acquisition of Germany’... June 30, 2009

Seeking to beef-up its industrial offerings for the global clean energy market, Honeywell International Inc. (NYSE: HON) has reached a conclusive settlement to buy out Germany’s RMG Group which includes RMG Regel + Messtechnik GmbH and all its subsidiaries, valued at about $400 million. read more

GreenHunter Energy, Inc. (NYSE AMEX: GRH) Gives Up U.S Biggest Biodiesel Refine... June 29, 2009

Grapevine-based renewable energy company, GreenHunter Energy, Inc. (NYSE AMEX: GRH), last week said it is contemplating over the option of selling its $70 million-property located by the Houston Ship Channel, recognized as America’s largest biodiesel refinery. read more

Trina Solar Limited (NYSE: TSL) Outmanoeuvres the Tightened Credit Markets June 26, 2009

Solar photovoltaic products manufacturer, Trina Solar Limited (NYSE: TSL), on Thursday announced that it has managed to secure an additional $57 million in credit facilities from Standard Chartered Bank Limited of China, notwithstanding the evident stagnation of the credit flow amid the general slowdown of economic activities. read more