Serious Research Behind Hydratus Belies a Very Serious Problem
Stock GuruProfile – OTCBB: ETLY – ECOtality, Inc.– The Fuel Cell Store
When you analyze a company you must always consider whether it is a takeover target. Mergers and acquisition in renewable energy companies have been extremely active according to a recent report from Ernst & Young. Global investments in renewable energy could hit $750B annually within the next 10 years, according to the report published in August by international auditing firm Ernst & Young (E&Y).
ECOtality presents a very appealing package!
When you look at ECOtality and their broad presence in hydrogen you see a very, very attractive company that has diversified its presence to generate revenue from all conceivable sources while participating in cutting edge research with major research and development organizations. These very serious research associations have joined with ETLY in its development. Arizona State University, Department of Chemical Engineering, National Aeronautics and Space Administration’s (NASA) Jet Propulsion Laboratory (JPL) Task Force, GreenMountain Engineering and Airboss Aerospace.
The renewables industry is growing at 20% to 30% a year the report noted and mergers would increase as firms sought greater profitability and new entrants from the tiger economies move into the market.
A recent report from the UN environment program said investment in renewables such as wind, solar and biomass jumped 43% last year and may be about to increase by much more substantial amounts. It concluded that clean energy could provide almost a quarter of the world’s electricity by 2030.
E&Y Report Extremely Positive
Demand for renewable energy is growing at unprecedented rates, driven by competing government incentives, with investments in 2006 alone already reaching $100 B, said E&Y’s Renewable Energy Country Attractiveness Index, which tracks investments in renewable energy, such as solar, wind and biomass.
Jonathan Johns, head of the renewable energy team at E&Y, sees no signs of the rapid growth in spending abating in the coming years despite the uncertainties in the global market.
‘Competition for assets is intense and trade players are increasingly battling for supply chain presence. Further takeover speculation has fueled share price rises this year and while global trading markets have been tumbling, energy stocks appear to have escaped relatively unscathed for the time being,’ he said.
‘Given the industries’ current growth rates of 20-30 pct, the drive from manufacturers for greater profitability, and new entrants coming into the market from the tiger economies, possibly even Japan, M&A activity is likely to filter down the supply chain, adding a premium for key assets such as gearbox and bearing manufacturers,’ he said.
Johns added the outlook for the industry is ‘very positive’.
The US was still on top of the list of countries investing heavily in renewable energy, a position it comfortably held since last autumn, said the report.
The latest Ernst & Young “renewable energy country attractiveness index” – which tracks investment in renewables such as wind, wave and solar power – said demand for clean energy is surging at unprecedented rates, driven by government incentives. “Competition for assets is intense and trade players are increasingly battling for supply chain presence. Further takeover speculation has fueled share price rises this year and while global trading markets have been tumbling, energy stocks appear to have escaped relatively unscathed for the time being.”
Read our In Depth report next on ECOtality and you’ll have a very important reality check. We step back and get the big picture and that is not always pleasant. The fact is the world needs hydrogen energy to work.
ECOtality is making this happen with collaborative research with the leading universities in the world on this subject, The Fuel Cell Store, their very cool blog, real world products, and educational products.
Don’t forget the Fuel Cell Store Blog.
Source: ECOtality, Inc.
ECOtality,Inc.
6821 E. Thomas Rd.
Scottsdale AZ. 85251
Phone: (480) 219-5005
Fax: (480) 219-5338
Email: info@ECOtality.com
Website: www.ecotality.com
About ECOtality, Inc.: ECOtality, Inc. headquartered in Scottsdale, Ariz., is a technology innovator that leverages global R&D resources to develop and commercialize renewable energy technologies, specifically aimed at addressing today’s global energy challenges. Through strategic partnerships, ECOtality applies scientific knowledge and creates proprietary green energy technologies. ECOtality is focused on bringing innovative eco-friendly concepts to practical commercialization through the acquisition, partnership and development of early stage renewable energy technologies. With strategic partnerships and an aggressive developmental model, the company strives to accelerate the market applicability of clean technologies to become accepted alternatives to carbon-based fuel technologies. For more information about ECOtality, Inc. please visit www.ecotality.com.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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