1. Home
  2. Articles posted by: Rona Fried (Page 1751)

Spire Reports Increased Revenues

Spire Corporation (Nasdaq: SPIR) reported a 30% increase in revenues for 2005, from $17,278,000 -$22,422,000. Net income for 2005, including the gain on the sales of licenses in both 2005 and 2004, was $44,000 or $0.01 per share, compared with a net loss of $4,120,000 or $0.60 per share for 2004. Spire’s revenues for the fourth quarter ended December 31, 2005 were $6,413,000, an increase of 50% from $4,262,000 in the fourth quarter of 2004. Net loss for the quarter was $1,645,000 or $0.23 per share compared to a net loss of $2,222,000 or $0.32 per share for the fourth quarter of 2004. Roger G. Little, Chairman and CEO of Spire, said, “Revenues for 2005 mark the sixth consecutive year of revenue growth for the Company. This growth is attributable to our strong position in the solar industry, particularly our ability to provide customers with fully integrated solutions to their photovoltaic needs. Solar equipment sales increased 289% from 2004 reflecting the delivery of four SPI-LINE photovoltaic module assembly lines.” Mr. Little continued, “In addition to growth in our solar equipment sales, other highlights for the year included increases in our vascular access products and government funded research and development activities. […]

Read More

Weekly Clean Energy Roundup:March 22, 2006

News and Events DOE and EPA Honor Energy Star Partners Low Premiums Increase Sales for Utility Green Power Leaders New Wisconsin Energy Act Boosts Efficiency and Renewable Power World’s Largest Biodiesel Plant Slated for Indiana Hydrogen Fueling Stations Moving Ahead in California New Lexus Hybrid Sedan Emphasizes Performance Over Efficiency Energy ConnectionsDOE Report Raises Concerns About China’s Energy Needs News and EventsDOE and EPA Honor Energy Star PartnersEnergy Secretary Samuel Bodman and Environmental Protection Agency (EPA) Administrator Stephen Johnson honored 67 businesses, groups, and government entities last night for their accomplishments and leadership in the Energy Star program. The 67 organizations have achieved major energy savings or are helping consumers to save energy, and the top awardees include the Whirlpool Corporation, General Electric Company, Osram Sylvania, Gorell Windows and Doors, Precision Entry Inc., The Home Depot, the Maytag Corporation, Lowe’s Corporation, the Sierra Pacific Power Company, and Sears, Roebuck and Company. See the DOE and EPA press releases and the full list of awardees.The Energy Star program was formed in 1992 as a voluntary, market-based partnership to reduce air pollution through increased energy efficiency. In partnership with DOE, EPA works to offer businesses and consumers new ways to save energy […]

Read More

Guinness Atkinson to Launch Alternative Energy Fund

Guinness Atkinson Asset Management, Inc., has announced the upcoming launch of the no-load Guinness Atkinson Alternative Energy Fund, which will invest in companies involved in the production, distribution or storage of alternative energy, including energy conservation. The fund is designed as a vehicle for investors seeking to profit from and participate in the shift from conventional fuels to alternative energy sources. The fund will invest primarily in companies that produce 50 percent or more of revenues from alternative energy and will be managed with an emphasis on value. Lead manager of the fund will be Tim Guinness, Chief Investment Officer of Guinness Atkinson, who also manages the Guinness Atkinson Global Energy Fund. “Increasing global energy demands, coupled with limiting supplies, will continue to force prices for energy higher and, in turn, accelerate the development of alternative energy sources,” Mr. Guinness said. “We believe that the shift from conventional fuels to alternative forms of energy provides a new opportunity for investors,” he added. Mr. Guinness also cautioned about risks associated with investing in alternative energy sector. “Many of these companies are small and thinly traded and by some measures more than fairly valued at the moment,” he said. “As optimistic as […]

Read More