GE Sees Sales to Developing Nations Doubling
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Quantum Fuel Systems Technologies Worldwide, Inc. Nasdaq: QTWW), a leading designer, manufacturer and integrator of packaged fuel systems and accessories for specialty vehicles and applications including hydrogen fuel cells, hybrids and alternative fuel applications, has been added to the Russell 2000 and Russell 3000 indexes. The Russell 3000 index is reconstituted annually and reflects the largest 3,000 U.S. companies in terms of market capitalization as of the end of May, representing about 98% of the U.S. stock market. The top 1,000 companies in this index make up the large-cap Russell 1000. The other 2,000 companies are in the small-cap Russell 2000. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 or small-cap Russell 2000, as well as the appropriate growth and style indexes. Russell determines membership for its equity indexes primarily by market capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company’s weighting […]
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Konarka Technologies, Inc., a company developing and commercializing power plastics that convert light to energy, and Leonard Kurz GmbH & CO.KG, a leader in the research, development and manufacture of polymer electronic technology, have established a non-exclusive partnership in support of light-activated power plastic. The companies are engaged in a multi-year, multi-phase collaboration to accelerate the development of Konarka’s organic photovoltaic technology. KURZ has committed significant capital, equipment and resources to the joint activities. Howard Berke, chairman and chief executive officer, Konarka, said, “KURZ is a world leader in innovative printed materials, and this relationship enhances Konarka’s ability to take its organic photovoltaic program beyond the laboratory and into development for manufacturing and production scale-up. With this partnership, we are continuing to execute on our strategy to partner with leading global companies who can print power plastic at very high volumes.” KURZ has expertise in printing and coating films and foils for a wide assortment of products, including packaging, electronic devices, security applications, automotive parts, household appliances, cosmetics, textiles, furniture and greeting cards, and manufacturing capabilities in Europe, North America and Asia. Konarka’s power plastic, which is made by printing conducting polymers and nano-engineered materials onto plastic, can integrate easily […]
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Airtricity, a leading renewable energy company, announced an initial investment in the U.S. of $270 million planned for the development of wind farms in Texas, New York and the Pacific Northwest and total investments in excess of $1.5 billion by 2010 in the North American market. Airtricity will use the initial investment to install turbines on a wind farm developed in conjunction with RGI, Inc. Located in the Abilene area, it will have an installed capacity of 125MW and will generate sufficient power to supply over 75,000 homes. The turbines will be supplied by the Siemens Wind Power company based in Florida. The other wind farms being constructed in 2006 will use wind turbines supplied by Gamesa. CEO Eddie O’Connor said, “This investment is a significant milestone for Airtricity as it comes at a time when there is limited wind energy capacity in the U.S. but growing recognition of the need to develop long-term renewable sources of energy. Over the next five years, we anticipate that growing demand for wind energy will enable our business in North America to account for nearly 50 percent of overall revenues, which will help us to become the largest private, renewable energy developer in […]
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URL: http://www.planetark.com/dailynewsstory.cfm/newsid/31421/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/31421/story.htm