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Former Wall Street Journal energy and environment reporter Bill Paul is senior investment adviser to (
  • CBD Energy, SFC Smart Fuel Cell: From Small Fries to Big Shots? 0 comments
    Dec 27, 2009 2:02 PM | about stocks: DD, XWES, RAMPF
    From Small Fries to Big Shots? CBD Energy and SFC Smart Fuel Cell Look Promising (Pt. 2 of 2)

    Posted: For the Week of Dec. 27 – Jan. 2, 2010

    Here now are two more small alternative energy companies, both of which look to be just starting to hit their stride. How far they’ll go only time will tell, but each seems to warrant a closer look.

    Take note: like the vast number of other pure-play alternative energy firms with intriguing growth prospects, neither of these is U.S.-based. Rule of thumb: whether you’re a big institutional or small individual investor, to succeed in alternative energy, you must scour every corner of the earth.


    First up: CBD Energy, an Australian renewable energy firm that trades on the Australian Stock Exchange under the symbol CBD.

    CBD looks to be starting down the road to becoming a fully-diversified renewable energy company with solar, wind and energy storage projects across Asia. It just got what the company called “strong” institutional support for a new round of capital that will go toward acquisitions, including the recently-announced purchase of eco-Kinetics Pty. Ltd., another Aussie firm that is involved in solar PV, solar thermal and wind installations, both residential and commercial. CBD also just signed to deliver wind turbines to a Chinese company, another first for the firm. CBD’s share price has roughly tripled since last spring; however, it’s still selling for only pennies per share. (No, CBD is not yet in the black.)

    Next up: Germany’s SFC Smart Fuel Cell AG (Symbol SSMFF.PK), which describes itself as the market leader in fuel cell technologies for mobile and off-grid power applications serving the leisure, industrial and defense markets.

    In partnership with DuPont (Symbol DD), SFC just got a glowing preliminary review from the U.S. Defense Department for its lightweight portable power packs that soldiers can use in the field. The review isn’t complete yet, but so far DOD believes that “This product and its technology could offer a significant advancement in the area of soldier portable power in the field.”

    SFC isn’t in the black yet either, but its third-quarter loss did narrow by more than 50% vs. the year-earlier period.

    For Part 1 of this series – which discusses prospects for World Energy Solutions (Symbol: XWES) and Ram Power Corp. (Symbol: RAMPF.PK) – please see: From Small Fries to Big Shots? World Energy Solutions and Ram Power Appear Promising (Pt 1 of 2).

    Disclosure: NO POSITIONS
    Stocks: DD, XWES, RAMPF
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