Renewable Energy Stocks - Corporate Spending Shifts Towards Clean Energy
Posted on Thursday, February 02, 2006 @ 19:19:03 GMT by vlad
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Anonymous writes: RenewableEnergyStocks.com - Corporate Spending Shifts Towards Clean Energy and Energy Efficiency Strategies
Reducing Dependency on Foreign Oil, Current Energy costs, and Tax Incentives Drive Adoption of Renewables and Energy Efficiency Products POINT ROBERTS, Wash., February 2nd, 2006 – www.RenewableEnergyStocks.com (RES) an investor and industry news portal for the renewable energy sector discusses the growing trend of “Corporate Spending on Green Energy”. Reduced dependency on foreign oil, lower energy costs and improved efficiency is driving corporations such as Wal-Mart and Whole Foods Market® as well as federal agencies towards the implementation of clean energy policies and technology. Technology providers such as Honeywell International, XsunX and Smartcool Systems anticipate this movement to continue.
Wal-Mart (NYSE: WMT) has made a commitment towards ‘green’ solutions
identifying three key goals in a corporate presentation; to be supplied
100 percent by renewable energy, to create zero waste, and to sell
products that sustain our resources and environment. Whole Foods
Market® (Nasdaq: WFMI), the world’s leading natural and organic foods
supermarket, made history this month with its purchase of renewable
energy credits that completely offset the Company’s total electricity
use. Helping to facilitate the process are companies like
Honeywell International (NYSE: HON), who continue to contribute to this
movement. According to Steve Craig, Honeywell’s Director, Federal
Business Unit, National Energy Solutions, “Organizationally, we are
staffed with trusted energy experts with a wide range of technology
experience as well as having the engineering, design, and project
management experience to create and implement comprehensive integrated
energy solutions. Financially, Honeywell is investing every day in
people and assets to continue our goal of being a leader in turn-key
energy conservation programs.” Helping corporations and federal
agencies pursue the ‘green’ path are innovative technologies that
provide opportunities for energy savings, independence and an overall
protection of the environment. “An innovative new way to accomplish
this is through the use of Building Integrated Photovoltaics or
(“BIPV”) which allow photovoltaic material, in the form of
photoelectric panels, to be incorporated into the design of building
materials,” explains Mr. Tom Djokovich, CEO of XsunX Inc. (OTCBB:
XSNX), a BIPV developer. Green strategies are being supported
by a variety of incentives, from tax credits to corporate image, to
overall improvement of the bottom line. George Burnes, CEO of SmartCool
Systems (TSX.V:SSC; OTC.PK:SSCFF), a marketer of advanced energy saving
technologies describes, “As this trend continues and more pressure is
placed by governments, the financial industry, consumers and
shareholders of large corporations, new technology will become a
driving focus by energy managers to implement in their reduction
strategies.” Corporate Spending on Green Energy The
incorporation of energy savings systems, environmentally friendly
processes and renewable energy technology has found its way into many
business models for corporations and government agencies. Companies,
agencies and ultimately consumers are looking for alternatives as a
means of offsetting the high costs of traditional energy and rising
demand. An extension of this is the country’s quest for reducing the
dependence on foreign sources of oil as a matter of national security.
“Due to a combination of rising power costs, and in many regions
insufficient access to even enough power, the international business
community is adopting the use of renewable energy technologies to
reduce operating costs, gain competitive advantages, and improve
customer perception and retention,” explains Tom Djokovich, CEO of
XsunX Inc. To Read the Overview in Full Click Here: http://www.RenewableEnergyStocks.com/Articles/Corp_Spending.asp Featured Company: (RES is compensated by XSNX and SSC as disclosed in disclaimer below.) XsunX,
Inc (OTCBB: XSNX) is the developer of Power Glass™ - an innovative thin
film solar technology that allows glass windows to produce electricity
from the power of the sun. This proprietary process is intended to
allow manufacturers to apply a transparent and photovoltaic glazing to
glass and other transparent substrates. When XsunX glazing is exposed
to light, the light energy is converted into electrical energy for use
as a power source. XsunX believes that its solar electric glazing
technology has a number of major market opportunities in the worldwide
architectural glass, optical film and plastics markets. For more information on XsunX, click here: http://www.renewableenergystocks.com/CO/XSNX/Default.asp SmartCool
Systems, Inc. (OTC.PK: SSCFF; TSX VENTURE: SSC), a marketer of advanced
energy saving technologies which reduce the electricity consumption
(Kwh) and maximum demand (Kw/KVA) of refrigeration and air conditioning
compressors. As a distributor of the Abbotly System 4000 Energy Savings
Module (ESM)®; a system of micro-computer digital optimization modules
which work with existing compressor equipment and controls, SmartCool
enables businesses to reduce the electricity usage of refrigeration and
air conditioning compressors by 10% to 20% while maintaining
temperature performance. For more information on SmartCool, click here: www.renewableenergystocks.com/CO/SSC/Default.asp www.RenewableEnergyStocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research, news and links to public companies within the renewable energy sector. Our Current List of Renewable Energy Stocks: http://www.renewableenergystocks.com/Companies/RenewableEnergy/Stock_List.asp Additional Industry Content:
Investor Incite Newsletter InvestorIdeas.com’s
free "Investor Incite" Newsletter consists of company and industry
updates, investment research and developing trends in key areas such as
Homeland Security, Renewable Energy, Gaming and more.
TO SIGN UP, click here: www.InvestorIdeas.com/Resources/Newsletter.asp Investorideas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp Our sites do not make recommendations, but offer information portals
to research news, articles, stock lists and recent research. Nothing on
our sites should be construed as an offer or solicitation to buy or
sell products or securities. We attempt to research thoroughly, but we
offer no guarantees as to the accuracy of information presented. All
Information relating to featured companies is sourced from public
documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated for by its "featured companies." SmartCool Systems Inc. (OTC.PK: SSCFF; TSX.V:SSC) three thousand dollars per month, plus 100,000 stock options. XSUNX Inc. (OTCBB: XSNX) Three thousand five hundred dollars per month and two thousand equivalent in one forty-four shares. For more information contact: Dawn Van Zant 800.665.0411 Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com Web Site: www.InvestorIdeas.com
Source: RenewableEnergyStocks.com; XsunX, Inc.; SmartCool Systems, Honeywell International, Wal-Mart
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