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Maxwell Media Marketing: Alt-EnergyStocks.com Power Plays for
Wednesday, September 3, 2008 PLUG, MXWL, RZ, CPTC, FPL, EVSO.
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:03092008
Maxwell Media Marketing: Alt-EnergyStocks.com's Power Plays for today
and tomorrow include: Plug Power Inc. (Nasdaq: PLUG), Maxwell
Technologies, Inc. (Nasdaq: MXWL ), Raser Technologies, Inc. (NYSE
Arca:RZ), Composite Technology Corporation (CTC) (OTCBB:CPTC), Florida
Power & Light Company (NYSE: FPL) and Evolution Solar Corp (Pink
Sheets: EVSO).
TODAY'S POWER PLAYS
PLUG POWER INC - Selects Maxwell Technologies Ultracapacitors
Plug Power Inc. (Nasdaq: PLUG), a leading developer of hydrogen fuel
cell-based power systems for electric lift trucks is trading up 1.12%
following a September 3, 2008 joint announcement with Maxwell
Technologies, Inc. (Nasdaq: MXWL ) that Plug has selected Maxwell's
BOOSTCAP ultracapacitors to enhance performance and energy management
in its line of GenDrive(TM) power units.
David Schramm, Maxwell's president and chief executive officer, said
that Plug Power has placed a purchase order for Maxwell's BOOSTCAP
MC2600 2,600-farad ultracapacitor cells to be delivered during the
third and fourth quarters.
"Plug Power is a leading integrator of fuel cell-based power solutions
for zero-emission material handling vehicles, such as electric lift
trucks, as well as other continuous and backup power applications,"
Schramm said. "This innovative combination of technologies is another
example of the synergy between hydrogen fuel cells' extended energy
output and ultracapacitors' short duration burst power capabilities."
To read the entire story, click here:
http://biz.yahoo.com/prnews/080903/law504.html?.v=23
RASER TECHNOLOGIES INC - to develop 100,000 acres in West Java for
Indonesia Power
Raser Technologies, Inc. (NYSE Arca:RZ) is trading up 5.24% following
the Company's September 3, 2008 announcement that it was chosen to
develop, in conjunction with Indonesia Power, over 100,000 acres of
geothermal resources to build an estimated 110 megawatts (MW) of
geothermal power in West Java, Indonesia's most populated island. The
412 square kilometers concession surrounds the Tangkuban Perahu
volcano, approximately 15 miles north of Bandung, the capitol of the
West Java Province. Bandung has over 2 million people and is the
largest city in the West Java Province, which has over 35 million
residents. To read the entire story, click here:
http://biz.yahoo.com/bw/080903/20080903005552.html?.v=1
COMPOSITE TECHNOLOGY CORPORATION - Promotes Bob Rugh to President of
DeWind Inc.
Composite Technology Corporation (CTC) (OTCBB:CPTC) is trading up 2.88%
following the Comany's September 3, 2008 announcement that Robert C.
(Bob) Rugh has been promoted to President of DeWind, Inc., a subsidiary
of CTC. Previously, Mr. Rugh served DeWind as Executive Vice President
of Operations, under DeWind President Marvin Sepe, who will remain
CTC's Chief Operating Officer and will oversee both our DeWind and CTC
Cable business subsidiaries. To read the entire story, click here:
http://biz.yahoo.com/iw/080903/0430016.html
FLORIDA POWER & LIGHT COMPANY - Files for 7% Increase in Rates but
Still Cheapest in Florida Thanks to Alternative Energy Florida Power &
Light Company (NYSE: FPL) is trading down 2.2% following the Company's
September 3, 2008 announcement that its preliminary estimates for 2009
customer bills will require an increase in January of about 7 percent
over the December 2008 bill.
The primary components of the adjustment include pass-through fuel
costs, previously announced investments in nuclear power generation,
and energy conservation costs. Bill estimates are subject to change
based on fluctuation in fuel prices, the potential impact of hurricanes
and other factors which cannot be anticipated. Any increases must be
approved by the Florida Public Service Commission (PSC).
For a typical 1,000 kilowatt hour customer bill, the January 2009 bill
would be $8.29 more than the December 2008 bill. At $119.41, the 2009
bill would be among the lowest of all electric utilities in Florida. To
read the entire story, click here:
http://biz.yahoo.com/bw/080902/20080902006128.html?.v=1
EVOLUTION SOLAR CORP - Unveils Plans for Solar HVAC Units
Evolution Solar Corp (Pink Sheets: EVSO) is trading flat following the
company's September 3, 2008 unveiling of plans for energy conversion
appliances including a complete line of unique of solar powered air
conditioning and heating units.
Energy conversion appliances derive a large percentage of their energy
needs from alternative or renewable energy sources such as solar
energy. The technology is similar to existing heat pumps except the
primary source of power is solar and the secondary back up is grid
enabled with auto switch over ability.
"Green Technology presents us the greatest marketing opportunity as it
touches the lives of nearly every individual on the planet," explained
Robert Kaapke, CEO of Evolution Solar. "We expect that Congress will
pass a multi-year extension of the solar investment tax credit in the
first half of 2009 with higher residential credits and utility
participation," he continued.
Evolution Solar recently acquired Synergy Development, a Research and
Development Company based in Shanghai, China, to develop its line of
proprietary Green Technology and Energy Conversion Appliances. To read
the entire article, click here:
http://biz.yahoo.com/iw/080903/0430167.html
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