Saturday, September 27, 2008

BNET ENERGY Updates: Monday, September 29, 2008

Capstone Turbine (CPST-$1.21) expects to raise $29.5 million through an offering of common stock (and warrants). In large part, the proceeds will be used for continued performance testing and commercial production of its C200 (200-kilowatt) microturbine product.

Despite posting strong second-quarter numbers, a concern remains that
a new silicon supply agreement covers only 20 percent of China Sunergy’s (CSUN-$8.20) targeted 2009 production of 220-250 MW.

Management believes that
two new contracts further affirms EMCORE’s (EMKR-$5.39) position as the leading supplier of concentrator photovoltaic arrays in the emerging CPV components and systems business.

Teck Cominco Limited (TCK-$32.43) said its
share of capital costs for the first phase of the Fort Hills oil sands project, of which it owns a 20 percent working interest, is now pegged at $4.2 billion, up $1.84 billion from an initial June 2007 cost estimate.

Can Sarah Palin in the White House redirect TransCanada’s (TRP-$36.66)
Alaskan pipeline to nowhere?

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

1 comment:

Anonymous said...

Hello Dave,
I recently found your article, dated May 7th, 2008. Would you mind briefly explaning whether or not Safety-Kleen Holdco went forward with an IPO? If so, how does it stand at this time?
Sincerely, Larry at
Mt Rainier Properties