CORAL SPRINGS, Florida, April 30, 2015 /PRNewswire/ --
Strong future forecast for renewable energy trends continue as new investments in the sector rose from $9 billion in the first quarter of 2004 to $50 billion for 2015's first quarter, according to Bloomberg New Energy Finance. Some analysts believe massive investments in capital from the utilities may now be going into solar and wind energy projects as well as other alternative energy solutions. Energy Companies in focus today are: Atlantic Wind & Solar, Inc. (OTC: AWSL), Clean Energy Fuels Corp. (NASDAQ: CLNE), Canadian Solar Inc. (NASDAQ: CSIQ), SandRidge Energy, Inc. (NYSE: SD) and Regency Energy Partners LP (NYSE: RGP)
Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce it has completed construction on three projects totaling 250 KW of Utility Scale solar in Mississauga, ON, Canada. The $1.57 million commercial rooftop installation, spanning three buildings, is expected to produce 6,000 megawatt hours of power over the next 20 years supplying Ontario with clean reliable energy. The power will be sold under the provinces Feed-In-Tariff program. Atlantic has received Commercial Operation Notice from the Ontario Power Authority.
Read the full AWSL press release at: http://www.financialnewsmedia.com/profiles/awsl.html
Just recently, Atlantic Wind & Solar announced its results on financial operation for fiscal year ending Dec 31, 2014. Sales growth continued with sales up 38 % to $5,409,135.00 and profitability up substantially to $2,410,768.00 representing a 1,138% improvement for the same period. Operating expenses dropped for the 6th straight year to $542,355.00 down 46.6% from the previous year. The balance sheet was improved significantly with accounts payable and accounts receivable reductions of 45.4% and 53.7% respectively. Total liabilities were reduced to $2,267,031 down 53% against total assets of $4,407,107.
Energy Sector Performers - News & Happenings this week: Clean Energy Fuels Corp. (NASDAQ: CLNE) is the leading provider of natural gas fuel for transportation in North America. CLNE builds and operates compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations; manufacture CNG and LNG equipment and technologies for ourselves and other companies; develop renewable natural gas (RNG) production facilities; and deliver more CNG, LNG and Redeem RNG fuel than any other company in the U.S. CLNE closed up at $8.98 on Wednesday on heavy volume of 6.9Million shares traded by the market close.
Canadian Solar Inc. (NASDAQ: CSIQ), one of the world's largest solar power companies, announced that it will hold a conference call onThursday, May 7, 2015 at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m., May 7, 2015 in Hong Kong) to discuss the Company's first quarter 2015 results and business outlook. The dial-in phone number for the live audio call is +1-866-318-8615 or +1-617-399-5134, with passcode 15815539. A live webcast of the conference call will also be available on Canadian Solar's website at http://www.canadiansolar.com. CSIQ closed down slightly on Wednesday at $37.12 on 2.1Million shares traded by the market close.
SandRidge Energy, Inc. (NYSE: SD) is an oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma with its principal focus on developing high-return, growth-oriented projects in the Mid-Continent region of the United States. The Company owns and operates the nation's largest saltwater gathering and disposal system. SD closed up over 11% at $1.91 on heavy volume over 29Million shares traded by the market close on Wednesday.
Energy Transfer Partners, L.P. (NYSE: ETP) ("ETP") and Regency Energy Partners LP (NYSE: RGP) ("Regency") announced this week that at a special meeting of Regency unit holders, the unitholders voted to adopt the Agreement and Plan of Merger dated as of January 25, 2015, as amended (the "Merger Agreement"), by and among Regency, ETP, their respective general partners, certain wholly owned subsidiaries of ETP, ETE GP Acquirer LLC and, solely for certain provisions therein, Energy Transfer Equity, L.P. (ETE) ("ETE"), pursuant to which Regency will become a wholly owned subsidiary of ETP. RGP closed up at $23.47 on over 37Million shares traded by the market close on Wednesday and ETP closed up on heavy trading volume of over 13Million shares at $55.30.
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter:http://twitter.com/FNMgroup.
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated three thousand four hundred dollars for news coverage of the current press release issued by Atlantic Wind & Solar by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC