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Stimulus Spending on ‘Smart Grid’ Will Benefit Renewables, says GWS Technologies

Stuart Smith (October 28th, 2009) Writes:

Oct. 28, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, sees substantial benefits for wind and solar energy projects in yesterday’s White House announcement that $3.4 billion will be allocated to modernize the nation’s electrical power system to more easily use renewable resources. The money will be released in the form of grants to applicants and must be matched dollar for dollar by private funding. The grants are a result of an allocation of funds to smart grid projects in the American Recovery and Reinvestment Act of 2009.

“One of the biggest obstacles to developing more wind and solar power on a utility-size scale has been the lack of transmission lines tied to an electrical grid that’s capable of delivering clean electricity from the best solar and wind sites to the point of

...

PetroChina Boosts Storage Capacity – Analyst Blog

Zacks Market Commentaries (October 22nd, 2009) Writes:
In a bid to expand its storage capacity, PetroChina (PTR) has started building an oil storage project in Kunming, the capital city of southwestern Yunnan province. The project is expected to handle 1 million tons of freight annually. It will have a storage capacity of 85,000 cubic meters in the first phase and 150,000 cubic meters after the second phase.  Apart from the storage expansion project, PetroChina has also been actively investing in the refining space. In the last month, the company started operations at the $4 billion Dushanzi refining and chemical complex in the Xinjiang province. The complex consists of a refinery and an ethylene plant with capacities of 10 million tons and 1 million tons a year, respectively. The company estimates that the project may generate approximately $8.8 billion in annual revenue.  Despite the tentative global outlook, China’s fuel demand is expected to remain ...

10-13-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stuart Smith (October 13th, 2009) Writes:
Stocks are lower as a weaker U.S. dollar help lift commodity prices and Johnson & Johnson’s third-quarter sales figures disappointed investors

Stocks fell on Tuesday after disappointing quarterly sales figures from economic bellwether Johnson & Johnson (NYSE: JNJ) sparked worries about consumer spending, offsetting a lift from higher commodity prices.

The Nasdaq gave up its initial gains at the open.

The Dow Jones industrial average was down 53.66 points, or 0.54 percent, at 9,832.14. The Standard & Poor’s 500 Index was down 7.19 points, or 0.67 percent, at 1,069.00. The Nasdaq Composite Index was down 5.16 points, or 0.24 percent, at 2,133.98.

Yesterday’s Top Performing Small Cap Stock:

GWS Technologies, Inc, (OTC BB: GWSC) was a SmallCapVoice.com top performer yesterday closing up over 8% on trading volume of 19,747 shares.

GWS stands for GreenWindSolar. GWSC is a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our

...

GWS Technologies, Inc. Launches Arizona Solar Power Initiative

Stuart Smith (September 24th, 2009) Writes:

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that it has launched an initiative to install solar energy systems in Arizona schools and other state and federal government facilities and has submitted its initial turn-key solar installation proposals. The initiative follows the Arizona Corporation Commission’s recent authorization for the Scottsdale Unified School District to enter into power-purchase agreements for solar systems on two high schools in which the school district will pay a private company for the power.

The decision is seen as allowing schools and other government facilities to benefit from incentives offered by utilities since they are not eligible for federal tax credits. Last month, the Commission approved a utility request for $143 million in extra incentives for commercial systems, including schools, bringing the total amount to roughly $220 million that

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New Refining Ability for PetroChina – Analyst Blog

Zacks Market Commentaries (September 22nd, 2009) Writes:
China’s largest integrated oil company, PetroChina Company Ltd. (PTR), has started operations at the $4 billion Dushanzi refining and chemical complex in the Xinjiang province. The complex consists of a refinery and an ethylene plant, with a capacity of 10 million ton and 1 million ton a year, respectively. The refinery, which processes high-sulfur crude oil, will increase the company’s total refining capacity of 2.58 million barrels per day (as of 2008). The company estimates that the project may generate approximately $8.8 billion in annual revenue. Most of PetroChina’s crude oil and natural gas reserves and production-related assets are located in northeastern, northern, southwestern and northwestern China. With the start of this refinery complex, the company is able to import and refine crude oil in the west part of the country. As per the Chinese government’s data, the country’s fuel demand may rise 4% in 2009. ...

GWS Technologies, Inc. Sees Benefits in Arizona Ruling on Renewable Energy

Stuart Smith (September 10th, 2009) Writes:

Sep. 10, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB:GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today commented on the September 2, 2009 ruling by the Maricopa County Superior Court affirming that the Arizona Corporation Commission has the authority to set renewable energy standards and allow utilities to collect tariffs to meet them.

The Court ruled that the Commission has the authority to set the standards as part of its ratemaking and policy authority granted by the state’s constitution. The Commission instituted the standards in 2006 requiring all utilities that it oversees to provide 15 percent of their power from renewable sources by 2025. In order to do that, many of the utilities raised funds through special tariffs associated with renewable energy.

“This ruling is widely seen as a big win for Arizona’s solar industry and will provide incentives to promote

...

GWS Technologies, Inc. to Develop Wind Energy in Montana

Stuart Smith (September 2nd, 2009) Writes:

Sep. 2, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that it is working with Wind Pro Energy Systems in Circle, Montana to develop wind solutions throughout the state.

“We are very excited to be able to work with Wind Pro,” said Michael Coskun, Vice President of GWS Technologies, Inc. “Montana has terrific state and local incentives which will complement the current federal rebates, making this the perfect market to begin utility-scale installations and distribution.”

“With a great track record and impressive product selection, GWS Technologies, Inc. was an obvious choice; we are happy to be working with GWS and are looking forward to providing clean renewable energy systems across Montana,” said Aaron Morlock, founder and president of Wind Pro Energy Systems. “With all the federal and state incentives and the latest

...

Consumers Upgraded Gas Facilities – Analyst Blog

Zacks Market Commentaries (August 21st, 2009) Writes:
Consumers Energy, the principal subsidiary of CMS Energy (CMS), upgraded its natural gas facilities near Dewitt, Michigan. It has spent around $15 million to install a new 2.1 mile 20-inch natural gas line. The company has also set up a new system station near Dewitt and renovated the Lansing and Dewitt city gate stations, which checks gas line pressure in the region.   This move is a part of the "Growing Forward" initiative, under which Consumers Energy plans to invest in excess of $6 billion over the next five years in its utility operations. This will ensure reliable and cost-efficient gas supply to around 1.7 million customers in Lower Peninsula, Michigan and cope with growing energy needs of the region. Consumers Energy has one of the largest underground natural gas storage facilities in the U.S.   Shares of CMS Energy closed at $13.36 on Thursday, trading at ...

PSEG Nuclear Files License Renewal – Analyst Blog

Zacks Market Commentaries (August 20th, 2009) Writes:
PSEG Nuclear, a Public Service Enterprise Group (PEG) company, has appealed to the U.S. Nuclear Regulatory Commission (NRC) for renewing the operating licenses of its New Jersey-based Salem and Hope Creek facilities by another 20 years. The NRC is likely to take around 22-30 months to review the applications. For merchant nuclear reactors, the NRC originally issues operating licenses for 40 years under the Atomic Energy Act, which is the average period taken by electric utilities to amortize their capital spending. PSEG Nuclear’s Salem station has two units with a combined generating capacity of 2345 megawatts (MW).  The original operating licenses of Salem’s Unit 1 and 2 are valid till 2016 and 2020, respectively.  The Hope Creek facility has a single unit generating 1211 MW and its original operating license terminates in 2026. PSEG Nuclear is the second largest nuclear facility in the United States, ...

A New Audio Interview Featuring Richard Reincke of GWS Technologies, Inc., is Now at SmallCapVoice.com

Stuart Smith (August 18th, 2009) Writes:

Aug. 18, 2009 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview featuring GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, is now available. The interview can be heard at http://smallcapvoice.com/blog/8-17-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/

“SmallCapVoice.com has been an effective means of getting information to our shareholders and the investing public, and we look forward to working with them at The Money Show later this week,” said GWS President Richard Reincke.

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need

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