Obama Talks Budget and Energy in PA

"'We are going to get 80% of our electricity from clean sources,' Obama vowed."

As a federal government shutdown looms, President Obama Wednesday criticized congressional Republicans for injecting ideology into the budget debate and holding up a deal on funding the government for the rest of the year. "Right now we need to pay our bills, and the government needs to stay open," the president told workers at Gamesa Technology Corporation, a Pennsylvania wind turbine factory.

The comments were made at a town hall where the president tried to focus his message yet again on clean, renewable energy. "We are going to get 80% of our electricity from clean sources," Mr. Obama said. "If we follow through on this, if we tackle this challenge, our economy will be less vulnerable to swings in oil prices our nation will no longer be beholden to the country we now rely on for oil imports."

Gamesa Technology Corporation is part of a Spanish company and the White House says it is the first overseas company to set up wind production facilities in the United States. The company employs 800 workers at facilities which are part of an abandoned U.S. Steel plant. It built one of Pennsylvania’s largest wind farms on the Allegheny Ridge farm.

Wind turbines are used to generate energy that is then turned into electricity. Wind energy accounts for 3% of the electricity generated in the United States.

Wednesday, as the White House press charter passed a local gas station in Fairless Hills, the price of a gallon of regular was $3.75.

Oil & Gas Company to Acquire Hydrogen Tech Firm's Assets
Source: Streetwise Reports (01/26/2021)

Jericho Oil will gain the acquiree's award-winning, patented, zero-emissions Dynamic Combustion Chamber boiler.

High Performance Energy Storage Company Posts 132% Increase in Yearly Revenue
Source: Streetwise Reports (01/24/2021)

Eguana Technologies reported financial and operating results for FY/20 that demonstrated substantial improvements in both revenue and gross margins.

Company Accelerates Development and Deployment of Solar Projects
Source: Streetwise Reports (01/15/2021)

UGE International provided an update on its project and corporate activities during Q4/20.

Ballard Receives Order for Scotland’s First Fuel Cell-Powered Train
Source: Streetwise Reports (01/12/2021)

Shares of Ballard Power Systems traded 18% higher to a new 52-week high after the company reported that it had received an order from Arcola Energy for its FCmove-HD fuel cell modules that will be used to power Scotland's first fuel cell-powered train.

Solar Energy Company Secures Bid to Build Additional 5.4MW DC Community Solar Project
Source: Streetwise Reports (01/06/2021)

UGE International reported that just prior to year-end 2020 it secured a contract to build a new US$9.9 million, 5.4MW DC community solar project in the State of Maine.

This Tiny Tech Stock Is Quietly Building a Huge Business in Air Quality
Source: Matt Badiali for Streetwise Reports (01/05/2021)

Independent financial analyst Matt Badiali discusses how mCloud's technology is making it possible for office buildings to reopen during the pandemic.

Clean Energy Fuels Partners with Total SE to Develop Carbon-Negative RNG Production Facilities
Source: Streetwise Reports (12/22/2020)

Shares of Clean Energy Fuels Corp. traded 23% higher to a new 52-week high price after the company reported it is entering into a $145 million 50-50 joint venture with Total SE of France to develop carbon-negative renewable natural gas production facilities in the U.S.

Company Providing Microgrid Optimization Set for 'Exponential' Revenue Growth
Source: John "Jack" C. Hurley for Streetwise Reports (12/08/2020)

Value investor John "Jack" C. Hurley outlines the value proposition behind technology company CleanSpark.

Shares of SolarWindow Technologies reached a new 52-week high after the company reported it has created the "first-ever" electricity-generating flexible glass using a high-speed manufacturing process.