The Business Day In Global Warming (ASTI, NHY, AES, CLNE, EFOI, WMT, AMSC, BSRC)

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By Douglas A. McIntyre Published
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Ascent Solar Technologies, Inc. (NASDAQ:ASTI) and Hydro Building Systems, a division of Norsk Hydro (NYSE: NHY), today announced plans for the development of a new Brise Soleil product line incorporating thin film flexible solar modules manufactured by Ascent Solar.

Newly released sales figures from R.L. Polk reveal that an increased number of alternative fuel automobiles were sold in the second quarter of 2007. Between April and June of this year, nearly 490,000 AFA’s were sold nationwide, an increase of 27 percent over the same period last year, bringing the total number of AFAs to nearly 11.5 million on American roads.  For more information about Alternative Fuel Automobiles, visit www.DiscoverAlternatives.com.

AES Corporation (NYSE:AES) today announced plans to begin construction of Buffalo Gap 3, a 170 MW expansion of its Buffalo Gap wind farm near Abilene, Texas. Once completed, the project will increase capacity at Buffalo Gap to 524 MW, making it one of the largest operating wind farms in the United States. Commercial operations are expected to begin mid-2008.

Clean Energy (Nasdaq:CLNE) has entered a five-year agreement to supply the Metropolitan Transit District in Santa Cruz, California with clean-burning liquefied natural gas fuel for its growing fleet of natural gas powered buses. Santa Cruz Metro plans, by mid-2008, to operate 63 CNG buses, including 10 currently in service and by replacing 53 older diesel-fueled buses with new or re-powered natural gas models.

Energy Focus, Inc. (NASDAQ: EFOI),formerly Fiberstars, Inc., a player in energy-efficient lighting technologies has received orders from Wal-Mart for installations of Energy Focus’s EFO(R) downlight system in a Wal-Mart Super Center and a Sam’s Club in Cabo San Lucas, Mexico.

American Superconductor Corp. (NASDAQ: AMSC) announced at the HUSUMwind 2007 trade show in Germany that it has received a follow-on order for approximately $20 million in wind turbine electrical systems from Beijing-based Sinovel Wind Corporation Limited. The order follows a $70 million order received from Sinovel Wind in July 2007.

BioSolar Inc. (OTCBB: BSRC) has been rated “Speculative Buy” with a target price of $.84 by Beacon Equity Research Analyst, Victor Sula, PhD.  The full report is available at http://www.BeaconEquityResearch.com, but be advised that reports of this sort often not exactly what they seem.

Jon C. Ogg
September 18, 2007 

As a reminder, whether you prefer the term "Global Warming" or "Climate Change" is not the issue as far as 24/7 Wall St. covers it.  Green business has become big business, and this affects many public companies today.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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