Sempra Energy (SRE) posted strong third quarter results of $1.27 per share, beating the Zacks Consensus Estimate of $1.19 by 8 cents. The company also beat the year-ago earnings per share (EPS) of $1.24 by 3 cents. This is commendable since Sempra Energy had witnessed a steep fall in its topline year-over-year. The upside in earnings came mainly from its commodities-trading joint venture with Royal Bank of Scotland Group Plc. -- RBS Sempra Commodities. Sempra Energy is an energy services holding company involved in the sale, distribution, storage and transportation of natural gas. The company operates through two segments -- Sempra Utilities and Sempra Global. Sempra Utilities consists of two California regulated public utility companies, Southern California Gas Company (SoCalGas) and San Diego Gas & Electric (SDG&E). Sempra Global consists of businesses engaged in providing energy products and services -- Sempra Commodities, Sempra Generation, Sempra Pipelines & ...

ECOtality Inc. is a young company that has quickly become a known leader in clean electric transportation and storage technologies. Today the company announced that its subsidiary Electric Transportation Engineering Corporation (eTec) has been awarded $8 million from the California Energy Commission to support the largest-ever transportation electrification project.

With this $8 million award, eTec will be able to support the deployment of charge infrastructure and electric vehicles (EV’s) in the San Diego region. This will serve as part of eTec’s “American Recovery and Reinvestment Act of 2009 Cost Share: Alternative and Renewable Fuel and Vehicle Technology Program.”

When asked about the ramifications to eTec, Don Karner who serves as the president of the subsidiary stated, “As eTec’s proposed project to the U.S. Department of Energy is anticipated to deploy up to 2,550 charging stations in the San Diego area, this additional funding from the California Energy Commission will allow

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