Green Investor News – Recent News Hi- Lites from Green Stocks: GWS Technologies, Inc. (OTCBB: GWSC), FPL Group (NYSE: FPL), MagneGas Corporation (OTCBB: MNGA), Satcon (NASDAQ CM: SATC), XsunX, Inc. (OTCBB: XSNX)
Recent News on Renewable Energy and GreenTech Business and Stock News Feed, one of the most read RSS news feeds on Investor Ideas
POINT ROBERTS, WA and DELTA, BC –June 18, 2009 – Investorideas.com and www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, features news h- lites from its Renewable Energy and GreenTech Business and Stock News Feed, one of the most read RSS news feeds on Investorideas.com.
Green Investor News Hi- Lites
FPL’s investments in fuel efficiency expected to yield billion-dollar-a-year savings for customers beginning in 2014
Customers have already saved nearly $3 billion since 2002 as a result of investments in cleaner, more efficient power plants
JUNO BEACH, Fla.--June 18 2009 --Florida Power & Light Company’s investments in making its power plants among the cleanest and most efficient in the country have saved customers nearly $3 billion in fuel costs since 2002, and continued investment is expected to yield customer savings totaling $1 billion every year beginning in 2014.
FPL is a subsidiary of Juno Beach, Fla.-based FPL Group (NYSE: FPL).
The savings to date have been driven by a wide array of efficiency projects that result in lower fuel use. For example, FPL has converted older, oil-fired power plants, such as the Fort Myers and Sanford plants, to more efficient natural gas combined-cycle technology, while adding new, similar generating capacity at its Martin, Manatee and Turkey Point sites.
http://www.investorideas.com/News/061809a.asp
* GWS Technologies, Inc. Partners with Dominion Real Estate on Alternative Energy Projects
SCOTTSDALE, Ariz. -- GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, announced today that it has partnered with Dominion Real Estate Partners, Inc. (DREP) to provide solutions and technology integration on alternative energy projects in Texas and Arizona.
GWS will also supply solar panels and equipment to retrofit commercial buildings operated by DREP and assist the company in applying for certification under the Commercial/Industrial Solar Energy Tax Credit Program. The primary goal of this program is to stimulate the production and use of solar energy in commercial and industrial applications by subsidizing the initial cost of solar energy devices. Tax credits can be used to offset Arizona income tax liability; any unused credit amounts can be carried forward for a five-year period.
* MagneGas Secures Agreement to Begin Commercial Sale of MagneGas(TM) Fuel
TAMPA, FL -- Jun 16, 2009 -- MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), a producer of a metal cutting fuel and natural gas alternative made from liquid waste, announced today that it has begun inroads into the $680 million metal cutting fuel market through a fuel distribution agreement with Florida-based Crumpton Welding Supply ("Crumpton").
Crumpton will immediately begin selling MagneGas(TM), created from non-hazardous liquid waste, to their 4,500 customers through their offices in Tampa, St. Petersburg, Auburndale and Port Charlotte. MagneGas(TM) exceeds all EPA air emission requirements and is a new green fuel technology for this market. Crumpton will submit purchase orders based on customer demand and sufficient to maintain inventory at each if its four distribution centers; it has already placed its first order to begin MagneGas(TM) market introduction.
http://www.investorideas.com/Companies/ViewDocument.asp?ID=5800
*Satcon (NASDAQ CM: SATC) Announces International Supply Chain Expansion
Doubles Global Manufacturing Capacity and Partners with DB Schenker for Worldwide Logistics Services
BOSTON--June 18 2009 --Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, today announced significant growth of its international manufacturing and supply chain operations. As part of this announcement, Satcon will expand global manufacturing capacity to over 600 megawatts in 2009 between its manufacturing facilities in Burlington, Ontario, Canada and Shenzhen, China, as well as partner with DB Schenker Logistics to provide global logistics and transportation services for all of Satcon's global supply chain needs.
http://www.investorideas.com/News/061809b.asp
* XsunX Announces Plans To Accelerate Growth
New Focus on Proprietary Technology Development, Marketing Strengths, and Sales
ALISO VIEJO, Calif., June 18 -- XsunX, Inc. (OTCBB: XSNX), a developer of thin film solar photovoltaic (TFPV) technologies, today announced an expanded strategic plan intended to allow the Company to focus on its core strengths of technology development, marketing, and sales. In addition, XsunX intends to enter into manufacturing supply or licensing agreements with solar PV manufacturers to service its existing sales agreements and new sales opportunities that the company is pursuing. http://www.investorideas.com/Companies/ViewDocument.asp?ID=5804
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GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, heating or powering bi fuel automobiles.
XsunX, Inc. (XSNX.OB) is a thin-film photovoltaic ("TFPV") company that is executing a phased plan to build and operate 100+ mega-watts (MW) of thin film solar module manufacturing capacity. The Company is working to implement the installation of its base production infrastructure in Oregon, USA and develop initial production capacities necessary to service sales agreements as soon as possible.
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