Economic Slowdown Weighs on Capstone Turbine and Beacon Power Corporation
23 September 2011 - 2:16PM
Marketwired
The Paragon Report examines investing opportunities in the
Alternative Energy Market and provides equity research on Capstone
Turbine Corporation (NASDAQ: CPST) and Beacon Power Corporation
(NASDAQ: BCON). Access to the full company reports can be found at:
www.paragonreport.com/CPST www.paragonreport.com/BCON
Recent data courtesy of Reuters shows that the renewable energy
sectors have lagged fossil fuel energy stocks over the past couple
of months. Alternative energy stocks are considered exceptionally
vulnerable during economic downturns as these companies are
dependent on subsidy programs. In addition, with global economic
concerns at a high, climate change worries have been pushed to the
backburner.
HSBC hasn't lost all confidence in the renewable energy sector.
In a recent note, HSBC analysts argued that Emerging Markets are
boosting alternative energy demand. Analysts at S&P go on to
note that crisis at Japan's Fukushima nuclear plant created
"tremendous potential" in the land of the rising sun.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the Alternative Energy Market register with
us free at www.paragonreport.com and get exclusive access to our
numerous stock reports and industry newsletters
Capstone Turbine has been supplying its microturbines to Chinese
companies for years. Back in 2009 the company added two
distributors in China focused on securing biogas applications in
landfills, agriculture and wastewater treatment plants.
Microturbines are small power generation systems using a gas
turbine engine, based on related turbines used in transportation.
Fuel cells have been accused of being expensive, leading
competitors such as Capstone Turbine to argue that microturbines
hold a brighter future.
Beacon Power Corporation designs, develops and commercializes
advanced products and services to support stable, reliable and
efficient electricity grid operation. The Company's primary
business strategy is to build merchant plants and sell turnkey
regulation facilities to meet both domestic and international grid
requirements using its flywheel energy storage technology. The
company said that that its second-quarter revenue tripled from the
same period a year earlier, to $525,000, as its first commercial
energy storage project reached full capacity.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
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