Here's the latest positive news from them:

Veridium Corp. (VRDM.OB) announced its receipt of an order from Ethanol Africa for the use of Veridium's patent-pending Corn Oil Extraction System(TM) at Ethanol Africa's new Bothaville, South Africa ethanol production facility.

Overview: This report focuses on key trends in fuel cells and hydrogen, along with battery technologies. The findings are from the Alliance's most recent alternative energy survey, completed February 10, 2006. A total of 121 members working in the alternative energy industry participated, including 25 working in companies involved with Fuel Cells.

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It is a good primer on alternative energy resources (hydro, wind, solar, hydrogen, biomass, and -- yes -- nuclear), along with an analysis of their respective advantages, disadvantages, and outlooks. [more]

This significantly exceeds the electrical efficiency of other distributed generation technologies of similar size. For example, gas engines have an electrical efficiency of 30 to 42 percent, low temperature fuel cells have an electrical efficiency of 30 to 35 percent and microturbines have an electrical efficiency of 25 to 30 percent. [more]

CoolAir DC uses thermal energy and compressed air to provide power, can be cycled regularly without a loss in performance and is environmentally friendly. By using solar energy to heat the thermal storage unit (TSU) and compress air in the storage tanks, energy can be captured and used at a later time. [more]

The share price of ACPW has recently retested the trendline and I will be adding to my position in the Marketocracy mutual fund this morning.

ACPW 6-Month Price Performance:

Thanks to Mr. Bush's State of the Union address last night, we should see some nice gains across the board in the Alternative Energy sector.

Excluding the mark-to-market effect of non-qualifying hedges, FPL Group's earnings would have been $179 million, or $0.46 per share for the fourth quarter of 2005, compared with $175 million, or $0.47 per share, in the fourth quarter of 2004. [more]

FPL fourth-quarter profit rose on gains related to hedges, though earnings were reduced by damages from Hurricane Wilma. Excluding the hedging gains they earned 46 cents a share. The average forecast of analysts was 40 cents.

FPL 1-Yr Price Performance

The DFC power plant will provide Sharp's Kameyama manufacturing facility with a portion of its base load electricity needs and supply heat byproduct for air conditioning by means of absorption chilling. [more]

This sale represents the first international installation of Fuel Cells megawatt sized products and the partnership with Marubeni has become a critical asset to their continued growth in Asia.

From Tyler:

Elk Roofing chairman and CEO Tom Karol, responding to questions from MacMurray Whale from Sprott Securities, said the Spheral Solar roofing product is still in alpha testing but the company hopes to move into beta testing -- i.e. put it on real rooftops in the marketplace -- in about 60 days. After the results of the beta are analysed, and assuming all goes well, the product will be fully commercialized in the first quarter of 2007.

Hoku is one of the few Alternerative Energy stocks that is actually profitable. Excluding certain items, earnings were 3 cents a share, above First Call's mean analyst estimate of 1 cent. They blew away estimates this quarter and the stock traded up over 8% on Friday.

HOKU 1-Yr Chart

The 500kW AE-500-60-PV-A utility-grade PV inverter was successfully listed to the UL 1741 Standard and also received approval from the California Energy Commission (CEC). The acceptance of this inverter by the various agencies not only gives SatCon the largest commercial PV inverter in North America, it also gives SatCon the broadest product line in the commercial photovoltaic inverter market - ranging from 30kW to 500kW - with 13 designs now approved and listed by the CEC. [more]

SATC 1-Yr Chart

WWAT 1-Yr Chart

Active Power is following a good business model of selling into a niche that it already has a good presence in (FuelCell Energy has a similar practice with hotels.) They currently have several airport installations in Spain, and this marks the second airport installation in Mexico.

ACPW 1-yr chart:

I really like the LED and energy efficiency space and think these types of projects will become more common. The key is to get into these companies at the right price level. CREE has been running into some upside resistance at the $28 level and there is also some firm resistance at the $30 level. I would not be a buyer of this stock until it either had a solid close above $30 or started to see the price trading closer to support at the $22 range.

Cobasys is a joint venture partnership between Energy Conversion Devices Inc (ticker: ENER) and Chevron Technology Ventures LLC, a subsidiary of Chevron Corporation (ticker: CVX)

ENER has been trading nicely for the last couple of months. However, it has run into upside resistance at the 52 week high. The stock is currently over-bought and I would be a buyer of this stock below $40.

Like its bigger brother the ElectraGen(TM)5, the ElectraGen(TM)3 product is a CE certified fuel cell system designed for critical backup power needs ranging from 1.5 to 3 kilowatts. By offering improved system reliability and more predictable performance in a broad range of climates the ElectraGen(TM)3 system is a cost-effective replacement to valve-regulated lead acid (VRLA) batteries and other traditional electricity generating methods. Developed specifically to address the needs of telecommunications and uninterruptible power systems' (UPS) backup power needs, units in the ElectraGen(TM) family are designed to provide 10 years of service. [more]

IDA 1-yr chart:

QTWW 1-yr chart:

ESLR 1-yr chart:

First ,they have received a series of purchase orders from General Motors Corporation (GM) for fuel cell test services anticipated to be delivered in 2006. HYGS gave GM common share purchase warrants as part of an agreement in 2001. The proceeds for the new testing contract were used to re-purchase these warrants back from GM. [ more ]

HYGS also announced that it has been awarded a US$8 million Fuel Cell contract for multiple units of its HyPM® 500 Series Fuel Cell Power Modules from a world leading military OEM. The power modules, representing in aggregate over 600 kW of power capacity, will be delivered over a two year period starting in 2006. The modules will be used for an undisclosed application. [ more ]