Alternative Energy Stocks

Fuelcell Energy Inc (FCEL) announced today its first one-megawatt Direct FuelCell® (DFC®) power plant sale in California to Alameda County for the Santa Rita Jail in Dublin, Calif. This is the first fuel cell project with its North American distribution partner, Chevron Energy Solutions. FuelCell Energy will provide Alameda County a DFC1500 power plant and related operating and maintenance services. Chevron Energy Solutions will act as overall project manager and integrator, providing design, engineering, construction, and installation services to Alameda County. The DFC1500 power plant is expected to provide 90 percent of base load power requirements for the...

Mechanical Technology Inc (MKTY) is scheduled to speak at the 2004 Fuel Cell Seminar at the Henry B. Gonzalez Convention Center in San Antonio, Texas on Friday, November 5, 2004 at 9:35 a.m. (CDT). Dr. Gottesfeld will discuss MTI Micro's development and commercialization efforts for direct methanol micro-fuel cell power sources for hand held electronic devices. MTI Micro will also have a booth at the conference where concept models of a PDA/smart phone and a hand-held entertainment system integrating Mobion(TM) technology will be shown.

Worldwater Corp (WWAT) announced the successful installation of a 200 horsepower solar-powered irrigation system at a commercial citrus ranch in California. The announcement was made by Quentin T. Kelly, WorldWater Chairman and CEO. WorldWater's proprietary AquaMax(TM) solar motors are powering the $2 million dollar water pumping installation. It is the largest solar power system in California's San Diego County, and the largest solar-driven irrigation system in the world.

The FedEx OptiFleet E700 hybrid electric vehicles began delivering packages on routes in the New York metropolitan area following an agreement with NYSERDA to demonstrate the viability of lower-emission hybrid powertrains in heavy-duty vehicles. The roll out took place today at a FedEx facility on 48th Street and 12th Avenue in Manhattan. "New York City is a dynamic economy with many trucks on its streets essential to keep commerce moving, so it is important that we continue to develop innovative solutions to reduce vehicle emissions," said John Formisano, Vice President of Global Vehicles, FedEx Express. "Today's roll-out not...

Evergreen Solar Inc (ESLR) announced the filing of a registration statement on Form S-3 with the U.S. Securities and Exchange Commission. After the registration statement is declared effective by the SEC, the Company will be able to offer and sell up to an aggregate of $75 million of its common stock, preferred stock, depositary shares, warrants and debt securities from time to time in one or more public offerings. The terms of any such future offerings will be established at the time of such offerings.

Carbon nanotubes play a pivotal role in a three-company effort to create small-scale fuel cells for portable electronics. The project, which recently received $3.6 million in funding from the National Institute of Standards and Technology, looks to establish a low-cost manufacturable hydrogen fuel cell based on proton-exchange membranes, or PEMs. The work is being conducted by Carbon Nanotechnologies, Motorola Labs and Johnson Matthey Fuel Cells.

Dana Corporation (DCN) unveiled a number of new fuel-cell advancements at the Convergence 2004 automotive electronics show in Detroit. The advancements are featured on a fuel-cell scooter developed with Dana partners. One of just three in the world, the scooter is making its North American debut at Convergence.

Magnetek, Inc. (MAG) is exhibiting its new, state-of-the-art Aurora(TM) photovoltaic (PV) inverter line, just listed by Underwriters Laboratories (UL), at the Solar Power 2004 trade show opening today at the Hyatt Regency Embarcadero Center in San Francisco. Designed for residential applications, the 3.0-kilowatt Aurora inverters change the direct current produced by solar panels into utility-grade alternating current. Magnetek's new inverters are UL-1741 listed for connectivity to the electric utility grid and also UL tested for compliance with CEC and NYCERTA standards for grid-connection. Connectivity to the electric distribution grid enables Aurora inverters to feed power from solar panels...

For several years now the Department of Energy (DOE) has been urging the fuel cell community to solve a major problem in the design of solid oxide fuel cells (SOFCs): heat. Sossina Haile, an associate professor of materials science and chemical engineering at the California Institute of Technology, is an expert in fuel cells, and she has been whittling away at the heat problem for years. Now she and her colleagues have not only solved the problem, they've smashed it. They've brought the temperature down to about 600 degrees Celsius (1100 degrees Fahrenheit), while achieving more power output...

Fuelcell Energy Inc (FCEL) announced that it has entered into an agreement to combine its Canadian solid oxide fuel cell (SOFC) operations into Versa Power Systems (Versa). In exchange, FuelCell Energy will receive stock in Versa, increasing its ownership position in Versa from 16 percent to 42 percent. Consolidating SOFC technology development into a single entity provides a greater opportunity to commercialize SOFC products under the U.S. Department of Energy's (DOE) 10-year, $139 million Solid State Energy Conversion Alliance (SECA) Program. The closing is expected to take place on November 1, 2004.

Mechanical Technology Inc (MKTY) announced that it has received two contracts to demonstrate energy density advantages and to quantify potential logistical advantages of its direct methanol micro fuel cells (DMFCs) and fuel refill systems for the United States Armed Forces.

Stuart Energy Systems Corp (SRNYF) announced that its customer, DTE Energy has officially opened a hydrogen fueling station in Southfield, Michigan as part of the Hydrogen Technology Park. The Stuart Energy Station (SES) was opened today by Anthony F. Earley Jr., Chairman and CEO of DTE Energy. The SES-f provides high-purity hydrogen fuel to vehicles as well as fuel cells that utilize hydrogen to generate electricity. The project is intended to provide critical insight into the role of hydrogen in the world's energy system and illustrates the environmental and energy security benefits derived from using hydrogen as a...

FPL Group Inc (FPL) announced it will build, own and operate a new wind farm in Texas, the Callahan Divide Wind Energy Center, to be located in Taylor County, Texas. The 114-megawatt Callahan Divide Wind Energy Center will be comprised of 76 1.5-megawatt wind turbines spread over a 6,000 acre site approximately 12 miles southwest of Abilene. Construction is expected to begin in the next few weeks and be completed no later than the first quarter 2005.

Mechanical Technology Inc (MKTY) announced that it has been awarded the 2004 Frost & Sullivan Technology Innovation Award for its Mobion(TM) micro fuel cell technology. The Award will be presented to MTI Micro at Frost & Sullivan's 2004 Best Practices Awards Banquet on October 20, 2004 in Rancho Mirage, California.

A survey of 18 fuel-cell developers around the world found none of them was profitable last year, although their combined revenues rose 20 per cent to $243 million US, accounting firm PricewaterhouseCoopers (PWC) said.

British Telecom has announced a three-year plan to get all of its energy needs from renewable sources - the biggest such project in the world. The electricity used, worth hundreds of millions of pounds, could power a city the size of Nottingham. Renewable sources of energy include wind, wave and solar power, rather than using fossil fuels like oil or coal.