Alternative Energy

Seven Ways to Profit From the Obama Administration's New "Clean Energy Economy" Push

After Wednesday night's State of the Union address, the Obama administration has added a new mantra to its lexicon.

Welcome to the "Clean Energy Economy."

In a speech in which embattled U.S. President Barack Obama badly needed to reinvent himself, the nation's chief executive focused on initiatives designed to add value to the U.S. economy and create jobs. Clean energy technology was front-and-center as one of those initiatives.

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The Real Story Behind Solar Energy in 2010

By the time 2009 is in the books, the record will show that solar energy stocks endured a tough year. That's hardly a surprise, given that so many Wall Street analysts (yours truly not among them) lambasted the sector for much of the year.

Analysts also expect the carnage to continue into 2010, and are predicting losses for as many as half of the world's solar companies.

The "thought process" of a Wall Street analyst - and I use that title loosely - goes something like this:

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Exxon Deal For XTO Energy May Set Off Wave of Energy Mergers and Acquisitions

In a deal that may set off a wave of mergers and acquisition (M&A) activity in the energy sector, Exxon Mobil Corp. (NYSE: XOM), the biggest U.S. oil company, agreed to buy XTO Energy Inc. (NYSE: XTO), the largest U.S. natural gas producer, in an all-stock deal valued at $31 billion.

Exxon, which hasn't made a major acquisition since it bought Mobil ten years ago, is taking advantage of the low gas prices pressuring smaller, debt-laden gas exploration companies. The economic downturn and discoveries of vast pools of North American natural gas have kept a lid on gas prices, leaving companies in the industry strapped for operating cash.

The deal announced yesterday (Monday) values XTO at $51.69 a share, 25% higher than Friday's closing price. XTO holders will get 0.7098 share of Exxon for each share of XTO. The Texas-based oil giant will also assume $10 billion in debt.

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Copenhagen Climate Summit Could Reshape the Investment Landscape

Leaders and policymakers from nearly 200 nations yesterday (Monday) commenced an 11-day summit in which they will attempt to hammer out some details of a carbon treaty that could have significant impact on businesses and investment.

The Copenhagen summit aims to put finer points on what, up to this point, have been dull notions about how to respond to global climate change. World leaders from both wealthy and developing countries will attempt to set new carbon emissions goals, outline a timetable for achieving those goals, and detail on how they will be financed.

Some analysts are skeptical that such an immense undertaking will be met with success. Emerging and developed nations have clashed in the past, as poorer nations contend that climate change is a problem wrought by industrialized countries. Industrialized nations, they argue, should therefore be held to higher standards and offer financing to emerging markets that are ill equipped to deal with reform.

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Former Oilman T. Boone Pickens Taps Wind Power, Natural Gas to Replace Foreign Oil

By Jennifer YousfiManaging Editor He made his fortune as an oilman, but yesterday (Tuesday) legendary investor T. Boone Pickens unveiled a plan to cut U.S. dependence on foreign oil through the power of alternatives such as wind and natural gas. "We're paying $700 billion a year for foreign oil. It's breaking us as a nation, […]

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Former Oilman T. Boone Pickens Makes a $2 Billion Bet on Alternative Wind Energy

By Jennifer Yousfi Managing Editor T. Boone Pickens made his fortune in oil. But now the Dallas oilman and famed former corporate raider is betting $2 billion that he can have the same success with a new source of energy – wind. Pickens' Mesa Power LLP yesterday (Thursday) unveiled the first phase of an eventual […]

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Ethanol's a Farce and We're Our Own Worst Enemy When It Comes To Energy Alternatives

By Keith Fitz-Gerald Contributing Editor For months we've heard nothing but great things about ethanol. And true to form, the experts here at Money Morning have ignored most of the resultant investor buzz. The truth is that ethanol's a farce and we're our own worst enemy when it comes to refining the technology anyway – […]

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General Motors Shifts into Growth Mode by Driving a Cleanup Effort in China

By Jason Simpkins Associate Editor Most experts view the pollution problem in China as one of the world's biggest problems. But General Motors Corp. (GM) Chief Executive Officer Rick Wagoner views it as one of the world's biggest business opportunities. With incomes soaring and a new wave of middle-class consumers emerging across China, car and […]

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Two "CanRoy" Investments for the Oil and Gas Boom

By Keith Fitz-Gerald Contributing Editor Many investors are convinced that it takes sophisticated investment strategies to rack up big returns. That's just flat out wrong. In fact, the simplest strategies are often the best, and can produce major returns – especially if you align yourself with powerful global trends, such as energy. Among the best […]

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The One Russian Emerging Market With the Most Profit Promise

By Martin Hutchinson Director of Global Investing Research Readers may well have missed the news that Ukraine is currently putting together a new coalition government led by reformist Julia Tymoshenko. “So what?” you may ask. “I can’t know everything. And besides, how do you ever expect me to make a buck out of Ukrainian politics, […]

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Recording Demonstrates Confusion About LDK Solar Inventory Quality, WSJ Reports

From Staff Reports Officials at solar-cell-maker LDK Solar Co. Ltd. (LDK) were apparently confused about the quality of the silicon in the firm's inventory- just as an ex-finance official has alleged- according to an audio recording of an internal conference call obtained by The Wall Street Journal, the newspaper reported yesterday. LDK, based in southern […]

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LDK Shares Plunge Another 26% Due to Worries, Barron's Report

From Staff Reports Shares of high-flying LDK Solar Co. Ltd. (LDK) plunged 26.4% to close at $37.50 yesterday (Monday) – extending losses from last week – based on continued concerns that the China-based maker of solar wafers has serious production problems. The shares of the Jiangxi, China-based LDK are now trading at less than half […]

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Analysts Unhappy with Internal Inventory Audit Report From China's LDK Solar

From Staff Reports Shares of high-flying LDK Solar Co. Ltd. (LDK) fell yesterday (Thursday), even after the Chinese solar wafer maker said an internal audit revealed no evidence of wrongdoing related to the way it reports inventory. Early Thursday, LDK said it conducted an investigation after its former financial controller, Charley Situ, said the company […]

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Fluor to Build Polysilicon Plant in China

From Staff Reports Site preparation has begun for a Xinyu City, China, polysilicon production plant that will be located adjacent to LDK Solar Co. Ltd.'s (LDK) existing solar wafer manufacturing facilities. Fluor Corp (FLR), the U.S.-based engineering-and-construction company, said it landed a contract worth more than $1 billion to provide engineering, design and other services […]

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China Solar Cell Maker JA Solar to Sell $280 Million Worth of Additional Shares

From Staff Reports China-based solar-cell maker JA Solar Holdings Co. Ltd. (JASO) is selling 6.33 million American Depositary Receipts, worth about $280 million based on its closing price of $44.01 yesterday (Monday), Reuters reported that sources said. The pricing of the deal, jointly handled by Credit Suisse (CSGN.VX: Quote, Profile, Research) and Lehman Bros. Holdings […]

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