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Cleantech Transit Inc. (OTCPK:CLNO)
Biomass systems range from small stoves used in homes for heating or cooking to large power plants used by centralized utilities to produce electricity. Biomass absorbs carbon dioxide during growth, and emits it during combustion; therefore, it recycles atmospheric carbon and does not add to the greenhouse effect. It also does not contribute much to acid rain as it produces only low levels of sulfur and ash. Nitrous oxide production can be controlled through modern biomass combustion techniques.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide. Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas ("syngas"), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California's feed-in-tariff with a 15-year power purchase agreement.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
Nxstage Medical, Inc. (Nasdaq:NXTM) announced that Jeffrey H. Burbank, Chief Executive Officer, will participate in the following schedule of investor conferences. A webcast of the event will be made available at http://www.nxstage.com/ir.cfm at the time of each conference. Jefferies 2011 Global Healthcare Conference; Thursday, June 9, 2011 at 8:00 a.m. ET. New York, NY. William Blair 2011 Growth Stock Conference; Wednesday, June 15, 2011 at 10:00 a.m. CT. Chicago, IL, Four Seasons Hotel.
NxStage Medical, Inc., a medical device company, engages in the development, manufacture, and marketing of products for the treatment of kidney failure, fluid overload, and related blood treatments and procedures in the United States.
Incyte Corporation (Nasdaq:INCY) announced it will present at the following investor conferences during the month of June: Jefferies 2011 Global Healthcare Conference on Wednesday, June 8, 2011 at 11:30 a.m. (NYSE:ET) in New York City; Goldman Sachs 32nd Annual Global Healthcare Conference on Wednesday, June 8, 2011 at 2:40 p.m. (NYSE:PT) in California; and 2011 Wells Fargo Securities Healthcare Conference on Thursday, June 23, 2011 at 10:15 a.m. (ET) in Boston. The presentations will be webcast live and can be accessed at www.incyte.com under Investor Relations, Events and Webcasts. A replay of the presentations will be available for 30 days. Investors interested in listening to the live webcast should log on before the start time in order to download any software required.
Incyte Corporation focuses on the discovery and development of proprietary small molecule drugs for hematologic and oncology indications, and for chronic inflammatory and autoimmune diseases.
Alkermes, Inc. (Nasdaq:ALKS) reported financial results for the fiscal year ended March 31, 2011, and provided financial expectations for its fiscal year 2012, on a standalone basis. Total revenues of $186.6 million for fiscal 2011, driven by record manufacturing and royalty revenues from RISPERDALÂ® CONSTAÂ®. Record manufacturing and royalty revenues from RISPERDAL CONSTA of $154.3 million, driven by worldwide sales of RISPERDAL CONSTA of over $1.5 billion by Janssen, Division of Ortho-McNeil-Janssen Pharmaceuticals, Inc. and Janssen-Cilag (Janssen). For the fourth fiscal quarter, worldwide sales by Janssen were approximately $404 million, an increase of 6.8% over the same quarter in 2010. Strong financial position, with cash and total investments of $294.7 million as of March 31, 2011, which reflects the redemption of all remaining non-recourse RISPERDAL CONSTA secured 7% Notes during the year, leaving Alkermes debt-free. GAAP net loss of $45.5 million and pro forma net loss of $23.5 million for fiscal 2011.
Alkermes, Inc., an integrated biotechnology company, provides extended-release injectable and oral products for the treatment of prevalent and chronic diseases, such as central nervous system disorders, reward disorders, addiction, diabetes, and autoimmune disorders.
GreenHouse Holdings, Inc. (GRHU)
GreenHouse Holdings, Inc. leading provider of energy efficiency solutions and sustainable infrastructure products, announced that it has completed the acquisition of Costa Mesa, CA based Control Engineering, Inc. (NYSEMKT:CEI), a provider of automation and control solutions including engineering, installation and integration services. The CEI teams are experts in multiple technologies and applications with a client base that includes recognizable brands from a wide range of industries including AECOM, Fluor, Coca-Cola, AMGEN and Occidental Petroleum with anticipated revenues to exceed $3.5 million in 2011.
GreenHouse is a qualified service provider of Southern California Edison's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies including complete processing of all utility documents. The addition of CEI's suite of services will allow GreenHouse to not only realize greater profit margins on demand response implementations but more importantly package a complete turnkey Auto-DR program that can be adopted by utilities across the country.
Demand Response or Demand Side Management can be achieved through demand reduction, by shifting load to a less expensive time period, or by substituting another resource for delivered electricity (such as natural gas or onsite power generation, also known as "distributed generation." Demand Response (DR) is a set of activities to reduce or shift electricity use to improve electric grid reliability, manage electricity costs, and ensure that customers receive signals that encourage load reduction during times when the electric grid is near its capacity.
GreenHouse Holdings, Inc is a leading provider of energy efficiency and sustainable facilities solutions. The Company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. GreenHouse Holdings, Inc target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions.
For more information about GreenHouse Holdings, Inc. Visit its website: www.greenhouseintl.com
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