subject: Clean Energy To Buy Privately Held Imw Industries: Ssho, Gsae, & Clne [print this page] South Shore Resource (Other OTC: SSHO.PK)
Last: $0.20
Recent News: South Shore Resources Inc. Reporting Status Upgraded to Current Information
South Shore Resources Inc. (Other OTC: SSHO.PK) is engaged in the manufacturing, marketing, sales and distribution of products which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or commercialization stages. SSHO reported that it has met the requirements for the Current Information tier for the period ending March 31, 2010. SSHO"s HyProStar Hybrid Conversion Kit uses proven technology to increase vehicles" mileage and significantly reduce the fuel costs. On most vehicles, HyProStar improves fuel economy up to 25% or more. SSHO"s HyProStar uses a little electricity from the car or truck battery to extract hydrogen from water. The hydrogen mixes with oxygen via the intake manifold and acts as a combustion enhancement for a better, more complete burn of fuel; which results in lower emissions, greatly improved mileage and more power for vehicles. SSHO welcomes and supports the new national greenhouse gas auto emission and efficiency standards to be implemented in the United States and Canada. For more information about this company (SSHO) please visit http://www.southshoreresourcesinc.com
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Last: $0.0190
Green Star Alternative Energy Inc. (GSAE.PK) is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation"s first developer of wind power. GSAE is focused on this green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models. Energy is perhaps the most urgent issue for green technology. This includes the development of alternative fuels, new means of generating energy and energy efficiency.
Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold.
There are several factors that have helped shape Green Star"s focus on this area. The most important being the political will to institute significant change into a dated framework. Until 2004, power generation for sale had been permitted only by the nationalized body of the EPS. On August 1, 2004 Serbian Energy Law was established - - providing the important principles of open access to all energy systems and energy supply networks, the liberalization of the energy market, and priority for renewable energy sources. There are currently no wind power projects producing energy in Serbia. This fact provides the Company with a real and substantial advantage as Green Star will become the first wind energy producer in Serbia.
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Clean Energy Fuels Corp. (Nasdaq:CLNE)
Last: $ 14.35
CLNE is the leading provider of natural gas for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 18,300 vehicles at 200 strategic locations across the United States and Canada.
Recent News: Clean Energy to buy privately held IMW Industries
Clean Energy Fuels Corp. (Nasdaq:CLNE) and IMW Industries, Ltd. (IMW) have signed a definitive agreement for Clean Energy to acquire IMW for consideration of $125 million plus a cash earn-out arrangement. IMW manufactures and services advanced natural gas fueling compressors and related equipment that is sold to station operators and commercial fleets and has provided more than 1,000 installations in over 20 countries. IMW, a private company, is headquartered near Vancouver, British Columbia and has a second manufacturing facility near Shanghai, China.
July 6 (Reuters) - Natural gas provider Clean Energy Fuels Corp (CLNE.O) said it will buy privately held IMW Industries Ltd, a supplier of compressed natural gas equipment, for about $125 million in cash and stock to expand its operations in emerging international markets.
For more information on CLNE visit www.cleanenergyfuels.com
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