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Alternative Energy Recommendations

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Recommendation # 1

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Energy Conversion Devices, Inc. (ENER)

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Energy Conversion Devices, Inc. commercializes materials, products, and production processes for the alternative energy generation, energy storage, and information technology markets.

It operates in two segments: United Solar Ovonic and Ovonic Materials. The United Solar Ovonic segment designs, develops, manufactures, and sells proprietary thin-film solar (photovoltaic or PV) modules, which are lightweight, thin, flexible, and durable products for converting sunlight into electricity.

It sells these PV modules to commercial roofing materials manufacturers, builders and building contractors, and solar power installers/integrators, who incorporate these PV modules into their products and services for commercial sale.

It also sells PV modules for ground-mounted and residential applications and, for some applications, manufactures and sells framed PV products.

The Ovonic Materials segment invents, designs, and develops materials and products based on its materials science technology, principally amorphous and disordered materials.

The company is commercializing NiMH materials and consumer battery technology through this segment internally and through third-party relationships, such as licenses and joint ventures.

It licenses NiMH battery technology to NiMH battery manufacturers, principally for consumer applications; and produces proprietary positive electrode nickel hydroxide materials for use in NiMH batteries, which it sells to licensees of its NiMH battery technology.

It also engages in pre-commercialization activities for various emerging technologies, such as Ovonic solid hydrogen storage technologies, Ovonic metal hydride fuel cell technologies, and Ovonic biofuel reformation technologies.

The company operates in the United States, Germany, China, Japan, Italy, and internationally. Energy Conversion Devices was founded in 1960 and is headquartered in Rochester Hills, Michigan.

*** Please Do Your own Research







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Recommendation #2

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FPL Group Inc. (FPL)

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FPL Group, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy.

It produces electricity utilizing natural gas, wind, nuclear, oil, hydro, and other resources.

As of December 31, 2006, the company served approximately 4.4 million residential, commercial, and lower west coasts of Florida, as well as operated generating assets of approximately 34,300 megawatts capacity.

The industrial customer accounts in the east and company also has investments in independent power projects. In addition, FPL Group provides fiber-optic services to telecommunications companies and other customers.

It operates an online store that offers compact fluorescent light bulbs, low-flow shower-heads, and air conditioner filters.

The company was incorporated in 1984 and is based in Juno Beach, Florida.

*** Please Do Your Own Research

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Disclaimer: I am not a registered investment advisor. Everything on this website is my opinion and put her for the enjoyment of my readers. I do not recommend making financial decisions based upon my opinions. I advocate doing your own research and making an informed decision.

All information put forth on this website was obtained freely via the internet, radio and television. I do not have any contracts or deals with any financial newsletter of any kind.

Income generated from this site is done through advertisements.

I will always let my reader know if I hold any position on a recommendation I make.

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