Venture Capitalists are practically begging this company to take their money!!!
The ethanol bubble is about to burst!!!
Solar is too expensive to catch on!!!
Oil prices won’t go any higher!!! (That’s my favorite!)
Any of this sound familiar? Of course it does. How could it not? It’s the same song and dance we hear with every shift of the market.
When renewable energy stocks are flying, we’re warned of the so-called bubbles. When they’re sinking, there are choirs of “I told you so” sheep running to chew their cud on their pixilated blogs.
While I certainly applaud the flow of unedited information the internet has granted us, finding accurate information from which we can base our investment decisions can be about as difficult as catching Ted Stevens snubbing an oil lobbyist.
That’s why we here at Wealth Daily spend so much time traveling across the globe to meet directly with the gatekeepers of the markets we analyze.
It’s the only way to get the kind of intelligence that hasn’t run through 30 filters before landing on a webpage surrounded by ads for google and expedia.com.
In fact, last week I attended the Renewable Energy Finance Forum in New York to find out how the big money is positioning itself in the world of renewables.
And let me just say – there is absolutely no reason you shouldn’t be investing in renewables today. Unless of course, you hate money!
Over the course of the two-day conference, I met with and listened to the top players and decision-makers in the renewable energies markets. From Assistant Secretary of Energy Efficiency and Renewable Energy, Alexander Karsner and the commissioner of the California Public Utility Commission, John Bohn to Suntech CEO, Dr. Shi Zhengrong and SunPower CEO, Tom Werner.
And while I’m not trying to name drop here, the fact is, these are the guys that know exactly where this industry is going – and more importantly, where the investment dollars are being directed.
I have to tell you – of all the conferences I’ve attended, this was one of the most important. Because what I discovered last week will dictate many of our investment decisions over the next few months.
And the first of these decisions will take us back to solar in less than three weeks.
Because it’s about to hit again!!!
From the desk of: President of the United StatesExecutive Order 13149 Mandates:
Sec. 201. Reduced Petroleum Fuel Consumption. Each agency operating 20 or more motor vehicles within the United States shall reduce its entire vehicle fleet's annual petroleum consumption by at least 20 percent by the end of FY 2005, compared with FY 1999 petroleum consumption levels.
The US Military is now in a race to replace 29.2 million barrels of oil per year with new fuel sources.
The Second Coming of Solar
In 2005, the hottest IPOs to hit the market were solar. (All the solar PV IPOs in 2005 actually brought the total market cap from $5.1 billion to $26.4 billion) And until the news of the silicon shortage hit the mainstream, investors were aggressively sniffing around for pure solar plays. At the time, there weren’t many.
Evergreen Solar (ESLR:Nasdaq) was one – and Green Chip investors tapped it early, back in 2005. Take a look:
Of course this is old news. And while we’re still bullish on Evergreen, there’s a conga line of new solar IPOs getting ready to hit the market.
According to some of the top solar players I talked to last week, there are more than 20 solar IPOs in the pipeline. And of these, a significant number are ushering in a new generation of solar technology.
We’re talking about increased efficiency, decreased production costs and even major advances in storage capacity.
You see, there’s no denying that the solar industry is aggressive as hell these days. It has to be if it has any intention of becoming competitive with conventional energy.
Because lets face it – once solar does become competitive with conventional energy, nothing will stop it. The industry knows this, and that’s why they’re moving at light speed to get those costs down ASAP.
“How a Tiny $2 Engineering Company is Just About to Capture a $200 Billion Market”
While the world focuses on developing alternative fuels like ethanol and biodiesel, this tiny company went after the heart of the energy problem.
What they’ve created...
Pound for pound, it’s 600% more power-efficient than today’s internal combustion engine. And it can run on more than six different fuels, from kerosene and diesel to ethanol and hydrogen – without sacrificing a single horsepower.
Today, the final testing stage is wrapping up. And everyone, from the US and Chinese Militaries to the Big Three Automakers, is lining up at the door.
I'll Take Thin-Film for $100 million, Alex
In 1980, PV cost about $1.00 per kWh. In 2006, PV cost about $0.20 per kWh. And in 2010, PV is expected to cost about $0.10 per kWh
But some of the newer solar companies that will soon launch their own IPOs could drop that cost even further (and faster) with what's known as thin-film solar technology. (Thin-film technology has the potential to deliver solar power at a much lower cost by using solar cells requiring little or no silicon)
Now last week’s conference was swarming with VC money – just looking for somewhere to go. And from where I was standing, thin-film was getting a lot of attention.
Especially after Rhone Resch, President of the Solar Energy Industries Association and Dr. Sven Hansen of the private investment firm, Good Energies announced that thin film technologies will soon be coming up on large scale.
Interestingly enough, this was the very day that thin film leader, Nanosolar, Inc. announced that it had landed $100 million in funding to take its breakthrough solar technology into volume production.
This is also the day the company announced it had started executing on its plan to build a volume cell production factory with a total annual cell output of about 200 million cells per year, and an advanced panel assembly factory designed to produce more than one million solar panels per year.
Upon completion, this will be the world’s largest solar cell manufacturing factory.
Now though Nanosolar is not a publicly-traded company, that doesn’t mean there aren’t any opportunities in this burgeoning segment for us.
In fact, there are a couple of ways we can play this sector and ride on the coattails of the super-efficient, thin-film movement.
Green Chip Stocks members will soon be receiving a detailed report (including the top contender for thin-film dominance) on how they can tap this segment for the same kind of gains we saw with Evergreen Solar – another company that increased its value by creating a more efficient solar technology.
Until next time…
Managing Editor, Green Chip Stocks