Tuesday, June 30, 2015
Blue Sphere (BLSP: OTC) is continuing to make progress in its strategic plans to build and operate biogas power plants. The company is initially targeting the largely untapped supply of organic wastes from food processing and table to meet growing demand for renewable, no– or low-carbon emission energy sources. A year ago, the company’s portfolio consisted of a string of projects all in the planning stage. Management has pushed two food waste-to-energy projects in the U.S.to the construction stage and closed on the first four acquisitions of fully operational agriculture-waste biogas power plants in Italy. This progress has brought Blue Sphere to the cusp of revenue generation.
Friday, June 26, 2015
Mid-June 2015, Ocean Power Technologies (OPTT: Nasdaq) announced final permits had been secured to deploy one of its power buoys off the coast southeast of New York City. The company has lost no time in laying down mooring lines for the buoy. The next step is to watch the skies for the best weather conditions to deploy the buoy. Over the next year, Ocean Power will collect data the power buoy’s performance.
Ocean Power Technologies is a developer of ocean wave energy technology. The company has been working on its ‘power buoy’ for over fifteen years for off-grid as well as integrated network electricity generation. The company’s website provides a concise description of how the power buoy works, using a mechanical system to drive electrical generators using wave motion. Two different designs provide size and capacity alternatives.
Tuesday, June 23, 2015
Last week Brazilian agriculture technology developer Ceres (CERE: Nasdaq) made formal plans to shift its focus to seed traits and the food and feed markets and away from energy. Ceres is not abandoning biofuels as such, but with oil prices at historic low levels, it is not economic enough to justify working capital not to mention new investments. The company is restructuring operations and reducing personnel in both its U.S. and Brazilian operations. Ceres management estimates the changes will save between $6 million and $8 million next year.
The question investors need to ask now is whether the shift in priorities can change the value of Ceres.
Friday, June 19, 2015
In the recent series of articles on graphene we have found a number of companies working on more efficient production processes and as well as applications for this exceptional material. So beguiling graphene is - conductive, strong and pliable. Scientists and investors alike have thought certainly graphene can provide that all-important ingredient that enhances value and creates profits. In this post we look at two more companies that claim real progress in commercializing graphene materials.