The PowerShares Global Progressive Transportation Portfolio (PTRP) is an exchange traded fund (ETF) investing in companies believed to benefit substantially from a transition toward using cleaner, less costly and more efficient means of transportation. The fund seeks to replicate the performance of the Wilder NASDAQ OMX Global Energy Efficient Transport Index (HAUL). The companies...
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The German photovoltaic cell produces Q-Cell has reported “catastrophic” result for 2009Q2. The result might be indicative of the solar energy companies result in general as the analysts see no light for solar stocks in the near future. According to the analysts cited by the German business newspaper Handelsblatt, there is no reason to see any...
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Most investors – green investors and traditional investors alike – begin their investing career investing in exchange traded funds (ETFs). Unlike traditional mutual funds, the green ETFs are quoted on stock exchanges and sold and bought just like stocks. Furthermore, most of the green ETFs are passively administered which means their expense ratio is...
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Exxon (NYSE:XOM) has announced today that it will invest $600 million in research aiming at producing liquid transportation fuels from algae. The project is a joint effort with Synthetic Genomics founded by Craig Venter. More about the project can be read in the New York Times. Links: Exxon to Invest Millions to Make Fuel From Algae...
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Peter C. Beller of Forbes sees a solar eclipse in the stock markets. According to Beller, the solar power sector may be about to deliver investors some bad news. The prices for photovoltaic cells are lowering rapidly which may be good for both the consumer and environment but present solar companies with difficulties during the...
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Q-Cells (ETR:QCE) is a German company that develops and produces solar cells. Today the stock has lost already more than 11%, after the company announced it would likely post a loss for the second quarter.
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Solar Millennium AG (ETR:S2M) continues to rise. Today, at 12:15 CEST the stock is quoted at 24.80 €, +13.14% since yesterday and more than 55 % in a month. On July 8, 2009, the stock was quoted as low as 19.50 €.
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The German solar technology company Solar Millennium AG (ETR:S2M) will provide the technology for one of the biggest solar power plants worldwide. According to Reuters, the plant will be built by a consortium formed by RWE Innogy, Stadwerke Munich, plant builder MAN Ferrostaal, RheinEnergie of Cologne and Eerlangen-based Solar Millennium. Solar Millennium AG is...
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QuantaSol is a privately funded company providing third generation solar cells for use in concentrating PV systems. The company has reported having achieved 28.3% efficiency as tested by the Fraunhofer ISE. Green investors should follow closely the news about this company as it might well make the next big breakthrough in solar energy business.
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Solar stocks are often seen as basically leveraged oil stocks. So it is not surprising that the recent development of price of oil is reflected in the solar stocks and exchange traded funds (ETFs). Today, crude oil falls for the sixth consecutive day , which is the longest losing streak since the December 2008....
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