Capstone's Low Cost Microturbines Should Prevent It From Following Beacon Power's Fate
22 November 2011 - 12:16AM
Marketwired
The latter half of 2011 has been a dream come true for Big Oil and
a nightmare for North American alternative energy investors.
Several high profile government-back alternative energy firms have
gone belly up this year, leading to a lack of confidence in the
industry. 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 (PINKSHEETS: BCONQ). Access to the full company reports
can be found at:
www.paragonreport.com/CPST
www.paragonreport.com/BCONQ
Beacon Power, which makes energy storage devices used to help
the power grid become more efficient, filed for bankruptcy
protection last month, according to a recent filing with the
Securities and Exchange Commission. The company received a $43
million loan guarantee from the Department of Energy last
August.
Naturally, the government's support of clean energy companies
has come under fire. Florida Republican Rep. Cliff Stearns argues,
in a statement, that "this latest failure is a sharp reminder that
DOE has fallen well short of delivering the stimulus jobs that were
promised."
Peter Dickson, technical director at BNP Paribas Clean Energy
Partners, which invests in renewable energy power projects in
Europe, takes a different stance. "Government policy is exactly
what makes alternative energy a more certain investment," Dickson
said. State subsidies, including preferential rates paid for clean
power known as feed-in tariffs, are backed by laws that give
projects predictable, stable cash flows for up to 20 years, he
said.
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 Corporation develops, manufactures, markets,
and services turbine generator sets and related parts for use in
stationary distributed power generation applications. The company's
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 Capstone
Turbine to argue that microturbines hold a brighter future.
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
disclaimer at http://www.paragonreport.com/disclaimer.
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