Michigan Town Creates Geothermal Utility

Source: ContractorMag, Steve Spaulding (8/8/11)

"The plan, made possible in part through a $560,000 Neighborhood Stabilization Grant from the federal government, is an ambitious one."

ContractorMag, Steve Spaulding

Wyandotte, a city with a population of just over 25,000 located in southern Michigan, is attempting to address both obstacles at once with the creation of a geothermal utility. The plan, made possible in part through a $560,000 Neighborhood Stabilization Grant from the federal government, is an ambitious one. The project has identified 48 installations in the planning phase, and work has been either started or completed on 10. Included in the plan are 25 new residential installations, 19 retrofit installations, three commercial installations and one new 20-unit multi-family development.

The city hired private contractors to drill ground source wells in utility easements and connect several homes to each well. Tentative plans call for the municipal services to cover the $8,000 cost for each well and charge home and building owners a monthly service fee and energy charge based on the capacity of the system installed. On the other side of the equation, homeowners can qualify for a 30% tax credit on the cost of purchasing and installing a geothermal system through 2016. . .View full article

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.