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Alternative Energy Stocks Power Plays for August 25, 2008

August 25th, 2008 · No Comments

VIASPACE INC – Inks New Fuel Cell Test Station Deal

VIASPACE Inc. (OTC Bulletin Board: 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 25, 208 announcement that it has entered into an agreement with WonATech of Korea for VIASPACE to sell and distribute WonATech’s fuel cell test stations outside 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. WonATech offers sophisticated single and multi-channel fuel cell test stations that represent high end products at attractive prices 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:

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CAMECO CORPORATION – Acquires Uranium Exploration Interest in Niger

Cameco Corporation (NYSE: CCJ) is trading down .68% following the Company’s August 25, 2008 announcement that it has formed a strategic alliance with Govi High Power Exploration Inc. (GoviEx) and acquired an approximate 11% interest in the company for $28 million (US).

GoviEx is a closely held exploration company formed in 2006 with uranium exploration assets in Niger, Africa. The company holds about 2,300 square kilometres of exploration property in the region around Arlit, Niger, which has been extensively explored since the 1960s. GoviEx field teams are analyzing historical data and have begun a drilling program to confirm and expand historical resource estimates and to provide data that conforms to current Canadian standards. GoviEx also holds about 2,400 square kilometres near Agadez, Niger. This area is in the early stages of exploration. The strategic alliance will also effectively provide Cameco with access to all of GoviEx’s initiatives in other African countries.  To read the entire story, click here:

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TRINA SOLAR LIMITED
– Signs Deal for Price Stable Polysilicon

Trina Solar Limited (NYSE: TSL ), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, is trading  up 2.47% following the Company’s August 25, 2008 announcement that its subsidiary, Changzhou Trina Solar Energy Co., Ltd., has signed a supplemental agreement to the long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology Holdings Inc. To read the entire story, click here:

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LDK SOLAR CO – Reaches 1.0 GW Capacity Ahead of Schedule

LDK Solar Co., Ltd (NYSE: LDK), a leading manufacturer of solar wafers, is trading up 7.81% following the Company’s August 25, 2008 announcement that the company held a ceremony celebrating its wafer plant reaching the milestone of 1.0 GW annualized capacity. This event was hosted by Mr. Xiaofeng Peng, Founder, Chairman and CEO in Xinyu, China on August 23, 2008.

“I would like to congratulate our team on their remarkable speed in expanding wafer production capacity and their success in reaching the 1.0 GW milestone ahead of schedule,” commented Chairman Peng. “We are pleased to achieve one of the fastest capacity ramps within the solar industry as we expand our production capabilities to meet the continued strong demand from our growing global customer base.”  To read the entire story, click here:

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SOUTHRIDGE ENTERPRISES, INC. – New deal in Brazil

Southridge Enterprises, Inc. (OTCBB: SRDG) jumped 6% following the news of August 25, 2008 that announced the Company’s subsidiary, Southridge Brasilia Corp. (”SBC”), has received a total of $7,500,000 from its project partners for the construction of the ethanol facility in Brazil.  To read the entire story, click here:

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Tags: Daily Power Plays