ALTAIR NANOTECHNOLOGIES – to build prototypes lithium-ion batteries for Army
Altair Nanotechnologies Inc. (Nasdaq: ALTI ) is trading up 2.03% following the Company’s August 6, 2008 announcement that the company, a leading provider of advanced nanomaterials technology used in power and energy systems and other applications, today announced that it has signed a $350,000 contract through the U.S. Army’s Picatinny Arsenal in New Jersey to deliver prototype batteries for use in the Army’s M119 105mm lightweight gun digitization program. To read the entire article, click here:
ZAP – Takes Kentucky Governor for a Ride
ZAP (OTCBB: ZAAP) is trading down 2.54% following the Company’s August 6, 2008 announcememt that CEO Steve Schneider and Ashraf Saeed, COO of the Al Yousuf Group, stood by while Governor Steve Beshear yesterday signed an Executive Order directing the Transportation Cabinet to immediately develop and implement an emergency regulation authorizing the use of low-speed electric vehicles on Kentucky’s roadways, including the Xebra, a 40 MPH electric car and truck.
“Kentuckians, like all Americans, are hard hit by record-high gas prices,” Gov. Beshear said at a news conference today announcing the order. “These tough times call for creative solutions, and I believe allowing Kentuckians the option of using an electric vehicle is one of those solutions. Electric vehicles may help ease the burden on the pocketbooks of hard-working Kentucky families, as well as reduce their carbon footprint.”
ZAP CEO Steve Schneider attended the press conference for the Governor’s announcement as an invited guest by the State of Kentucky and officials with Integrity Manufacturing of Shepherdsville. Following the announcement Schneider and Governor Breshear got away from the press to talk and take a spin in a ZAP Xebra. To read the entire story, click here:
VIASPACE Inc. Signs Second Deal for Fuel Cell Test Station
VIASPACE Inc. (OTCBB: VSPC), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, is trading flat following the Company’s August 6, 2008 announcement that it has entered into a distribution agreement for Fuel Cell Test Stations with SciTech, a manufacturer of fuel cell test equipment for major manufacturers and universities located in Seoul, Korea.
Fuel Cell test stations that can test hydrogen, liquid and solid based fuel cells are an expanding portion of the $54 Billion clean energy market. SciTech offers mid-range single and multi-channel fuel cell test stations that represent lower cost options for fuel cell and automotive manufacturers in Japan, Europe and the United States. Hundreds of universities throughout the world are also engaged in fuel cell research, but must deal with the reality of limited budgets when it comes to equipment purchases. To read the entire story, click here:
PG&E – Beats revenues but misses on profits by $.01
PG&E Corporation (NYSE: PCG) is trading off 1.91% following their August 6, 2008 release of their consolidated net income in accordance with generally accepted accounting principles (GAAP) was $293 million, or $0.80 cents per share, in the second quarter ended June 30, 2008. In the same period last year, consolidated net income was $269 million, or $0.74 cents per share.
“With our second quarter results, we remain on track to deliver on the Corporation’s financial targets for 2008,” said Peter A. Darbee, Chairman, CEO and President of PG&E Corporation. “We also continue to advance plans for additional investments in projects to strengthen reliability and ensure adequate future energy supplies.”
QUARTER-OVER-QUARTER COMPARISON
Earnings from operations for the second quarter of 2008 were $0.06 cents per share above those for the same period for 2007. The quarter-over-quarter difference primarily reflects earnings on a higher authorized capital investment in utility subsidiary Pacific Gas and Electric Company’s infrastructure. To read the entire story, click here:
EVOLUTION SOLAR CORP – To attend solar conference
Evolution Solar Corp. (Pink Sheets: EVSO) is trading up 7.14% following the Company’s August 6, 2008 announcement that it will attend the Solar Power International event in San Diego, California.
“The Solar Energy market knows no borders, and Solar Power International is an important event for us to engage with partners and customers from around the world,” said Robert Kaapke, CEO of Evolution Solar. “The event’s location in the heart of the American solar industry is especially significant because global companies like ours have recognized the growth potential of the U.S. market,” he explained.
The highlight of the Solar Power International agenda is the annual CEO Panel, which brings together industry leaders from the United States, Spain and Germany to discuss worldwide market development and reducing technology costs. To read the entire story, click here:
COMPOSITE TECHNOLOGY CORPORATION – To host conference call to discuss 2nd quarter results
Composite Technology Corporation (OTCBB: CPTC) is trading off by 2.87% following the Company’s August 6, 2008 announcement that that management plans to host a conference call on Tuesday the 12th of August at 1:30 PM Pacific time (4:30 PM Eastern time) to discuss results for the Quarter ending June 30, 2008. Analysts and institutional investors may participate by calling 1-800-762-8908, or internationally by dialing +1-480-629-9029. A live audio webcast will be available at http://viavid.net/dce.aspx?sid=00005456 and the broadcast will be archived and available for replay for one year. To read the entire story, click here:
