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WWAT.OB- solar power

Started by saffeysite1, June 20, 2005, 07:07:33 PM

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la-onda

#120
WorldWater & Power Corp Signs $109,824 Solar Power System For Quest Environmental
Monday , January 30, 2006 00:10 ET

Jan 30, 2006 (financialwire.net via COMTEX) -- January 30, 2006 (FinancialWire) WorldWater & Power Corp. (OTCBB: WWAT) has signed a $109,824 contract to build and install a solar electric power generation system for Quest Environmental & Engineering Services, headquartered in Clinton, New Jersey.

The photovoltaic (PV) system will provide electricity for the company, and is expected to substantially reduce electrical usage costs for the facility. Quest Environmental & Engineering is a full service environmental consulting firm and remedial contractor that provides environmental solutions for soil, ground water, compliance, and property transfer issues.

WorldWater & Power Corp. plans rooftop installation of the PV panels that will power the system. The contract is subject to approval of the utility rebate application, following which construction is expected to begin immediately.

WorldWater & Power Corp. is enrolled in Beacon Equity Research's professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company's commitment to transparency and Good Governance.

On February 17, 2005, Investrend Research affiliate Beacon Equity Research anlalyst Shailesh Dhuri, CFA rated the company "Outperform," with a target of $0.50.

Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the CFA Institute's (CFAI) stringent ethics and standards of practice guidelines. Beacon Research does not have any investment banking relationships with any of the companies covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow.

Both Beacon Equity Research and Investrend Research subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com and adhere to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www.niri.org) and the CFA Institute (http://www.cfainstitute.org)
No compensation was received for this coverage.

& 
strong technical support @ 0.38$:
http://www.stockta.com/cgi-bin/analysis.pl?symb=WWAT&num1=3&cobrand=windchart&mode=stock

Amarens

I've been looking at alternative power companies all morning. One would think that Bush's State of the Union yesterday would have investors looking at these companies again.

La-onda, you seem to have done a lot of research in these companies and how they develop. Do you believe Bush's speech to be of influence?

The Monday news, nor the speech seem to have been of influence on WWAT  ???.

Look forward to your respons.

Amarens

la-onda

Hi Amarens,
should be positive for the complete industry:
http://biz.yahoo.com/ap/060201/alternative_energy_mover.html?.v=1
Alternate-Energy Succumbs to Profit-Taking
Wednesday February 1, 2:20 pm ET
Alternative Energy Stocks Tumble As Traders Take Profits After Run-Up to President Bush's Speech

NEW YORK (AP) -- Traders cashed out of alternative energy stocks on Wednesday -- a day after shares surged in expectation that President Bush would outline a heavy-spending plan in his State of the Union address.

Bush gave investors what they wanted, promising a 22 percent increase in research funding for cleaner energies.
In his address Tuesday night, Bush introduced an "Advanced Energy Initiative." The program calls for $289 million in additional financing for hydrogen fuel, $281 million for clean coal technologies, $150 million for cellulose-based ethanol and $148 million for solar energy in the fiscal 2007 budget. The plan also earmarks a smaller amount for wind energy research and advanced automotive batteries.
"It's a little bit of 'buy on the rumor, sell on the news,'" said John Quealy, an analyst with investment bank Canaccord Adams. "Trading-oriented folks are taking profits."
Although Quealy advocates investors have some exposure to alternative energy stocks based on the industry's growth prospects, he cautions against the risks. Many of the companies are young and unprofitable with stocks that tend toward volatility, he said.
A nascent company called Pacific Ethanol Inc. is somewhat emblematic of the sector.
Shares of Pacific Ethanol slid $2.44, or 12.9 percent, to $16.39 in afternoon trading on the Nasdaq, a day after the stock climbed to a 52-week high of $19.14. Trading volume surged to 3.3 million versus a daily average of about 337,000.
Pacific Ethanol doesn't produce ethanol yet, however the company has plans to construct five corn-based ethanol production plants by 2008. Chief Executive Neil Koehler said he expects the company's ethanol business to turn its first profit in the fourth quarter of 2006, when the first plant is scheduled to start operations.

When the five plants are running, Pacific Ethanol will have the capacity to churn out 200 million gallons of ethanol per year. The market currently produces some 4 billion gallons annually.
"The ethanol business is a very profitable business today, and we expect to see good margins with the initiation of our ethanol production," Koehler said.
Pacific Ethanol shares are up 51.5 percent since Jan. 1.
Elsewhere, Archer Daniels Midland Co., an oilseeds processor that has been ramping up its ethanol production, saw its shares shed $1.09, or 3.5 percent, to $30.41. The stock reached a fresh 52-week peak of $32.22 on Tuesday.
The proposed government investment doesn't amount to much when scaled against the billions the government spends elsewhere. However, relative to what has been spent in the past, the funding is promising, Quealy said.
While $150 million is a drop in bucket for the government, "$150M focused specifically on solar materials is quite large," he said. "There was a little bit of investor anticipation and letdown in terms of magnitude of dollars. But take a step back, and it still is very positive."

In the solar sector, shares of Evergreen Solar Inc. dropped 43 cents, or 2.8 percent, to $15.00; shares of Sunpower Corp. fell 35 cents to $39.65 and shares of Energy Conversion Devices Inc. slipped 36 cents to $50 on the Nasdaq. All three stocks had climbed sharply over the past few days, with Evergreen and Sunpower hitting 52-week highs on Tuesday.

In the hydrogen fuel cell sector, shares Quantum Fuel Systems Technologies Worldwide Inc. fell 29 cents, or 5.8 percent, to $4.71 on the Nasdaq.


WWAT wasn´t mentioned, should also participate IMHO

cheers
O.

Amarens

I guess we'll just have to watch closely if and where The suggested millions are going... :-\

"The program calls for $289 million in additional financing for hydrogen fuel, $281 million for clean coal technologies, $150 million for cellulose-based ethanol and $148 million for solar energy in the fiscal 2007 budget."

Thanks for your update. Appreciated.
Amarens

mcolin

What's up with WWAT? Lots of volume, closed green last few days. No news. Anybody know anything?

usedcasting

Know when to hold'em, know when to fold'em

Livana

WWAT caught my eyes being in the top traded (by dollar amount) OTCBB for today.
I really like the company itself.  I truly believe solar power has a huge potential and a great futur.

The stock has been up 67% in 2 weeks. Pretty good!

Now all the indicators are way up. I am expecting a retracement between 0.40 and 0.43 (respectively 61.8% and 50%).

On the Fundamentals, the numbers are not impressive, and I am still waiting for the annual report to come out (March 31 last year).
And even though they still post a net loss, revenues were up 98% in 2003 and 356% in 2004. And they do have a positive cash (very important in my book!)

wrangler

#127
Bought WWAT on 4-3-06 @.505 and want to post comment and chart will explain better. They are at an Hurricane Disaste Expo this week displaying their solar powered water purifier and believe that after the expo this stock will run.
Goodluck trading to all :)

Press Release Source: WorldWater & Power Corp.

WorldWater & Power Corp. and First Southwest Company Join at National Hurricane Conference to Provide Emergency Responders with New MobileMaxPure(TM) Solar Electric Technology
Monday April 10, 7:30 am ET


PENNINGTON, N.J.--(BUSINESS WIRE)--April 10, 2006--WorldWater & Power Corp. (OTC BB:WWAT.OB - News), developer and marketer of proprietary high-power solar systems, will attend the National Hurricane Conference being held in Orlando, Florida this week. Joining WorldWater & Power Corp. in the exhibition booth will be Carlyle Financial Services, Inc., an affiliate of First Southwest Company, which is providing financial programs for the acquisition of solar powered water supply and electrical power to municipal, county, state, federal and other emergency response organizations.

WorldWater & Power Corp. will be demonstrating and selling its new MobileMaxPure(TM) solar powered emergency relief unit at the National Hurricane Conference in Orlando, Florida, April 10 though April 14. This portable solar unit, already providing emergency water supply to Waveland, Mississippi after the devastation of Hurricane Katrina, will pump and purify 30,000 gallons/day of drinking water, deliver emergency electric power and provide worldwide satellite voice and data communication. First Southwest Financial Company will offer lease financing for this unit to government entities and other NGO agencies involved in emergency relief nationwide.
First Southwest Company, with offices located throughout the U.S., is a leading national financial services firm engaged in public and corporate finance and underwriting. Mr. Barry Friedman, Managing Director of First Southwest Company, said, "We have many clients affected by Hurricane Katrina. We want to do our part in helping communities prepare and protect themselves against these natural disasters. We are also pleased to be doing our part in making a positive contribution to the environment."

wrangler

GatewayStocks

WWAT - WorldWater & Power Corp. Signs $295,000 Contract to Provide Solar Technology to Voorhees Township Public Schools
Tuesday April 25, 3:01 am ET
Rooftop Mounted Solar Unit at Middle School Will Sharply Reduce Operating Expenses


PENNINGTON, N.J., April 25, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTC BB:WWAT.OB - News), developer and marketer of proprietary high-power solar systems, today announced the signing of a $295,301 contract to provide design, engineering and solar equipment for the Voorhees Township Public Schools in Voorhees, New Jersey. The primary contractor for the project is Ray Angelini, Inc. (RAI) of Sewell, New Jersey. Construction will begin immediately for the installation of photovoltaic panel array on the roof of the Voorhees Middle School on Hollyoak Drive. WorldWater's patented electronics will automatically control power delivery to the school and manage the net metering of surplus electricity back to the utility to earn renewable energy credits.



Quentin T. Kelly, Chairman of WorldWater & Power Corp. commented on the signing. ``This is our first solar installation for a school in New Jersey. We are highly optimistic that more school boards will take advantage of the generous rebates from New Jersey's Clean Energy Program that pay for about 50% of the solar equipment and installation. In addition, the school will be earning energy credits currently valued at $0.22 per kilowatt-hour while showing the community that solar power is a clean, highly cost-effective alternative to skyrocketing energy costs.'

Chris Sherring, WorldWater's Project Manager, added, ``School buildings are ideal candidates for solar installations. They usually have very large flat roofs that are not shaded by trees. Solar panel arrays are installed so they are non-penetrating to the roof structure and do not compromise waterproofing. The Voorhees' school will be generating solar power 'year round, but when it's closed during the hottest summer months, it will be earning very large renewable energy credits by sending solar generated electricity back to the utility company. This will sharply reduce their overall annual operating expenses.'

Camden County's Voorhees Township has had a population increase to more than 28,000 people over the past ten years. Median family income of the Township is one of the highest in South Jersey.

About Ray Angelini, Inc. (RAI):

RAI Contractors - Engineers is a New Jersey based firm that has been in business for more than 30 years. Licensed in New Jersey, Pennsylvania, and Delaware, RAI operates primarily in the tri-state area but has performed work as far West as Hawaii and in Europe in Germany and Portugal. RAI is made up of seven separate divisions designated as follows: General Construction/Design Build, Commercial Electrical Division, Industrial Electrical Division, Transit/Signaling/Heavy Rail Division, Communications/Data-com Division, TEGG/Energy Conservation & Maintenance Testing Division, Solar & Alternative Power Division.

About WorldWater & Power Corp:

WorldWater & Power Corp. is a leader in solar electric engineering, water management solutions, solar energy installations and products. Its solar technology is at work in over 20 countries around the world. In the U.S., it provides solar electric, water pumping and purification technology to agribusiness, industry, schools, communities, homeowners and emergency responders. The company is responsible for major breakthroughs in solar power technology and holds numerous solar-related patents.

For more information about WorldWater & Power Corp., visit the website at http://www.worldwater.com.

The WorldWater & Power Corporation logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1629



Contact:
WorldWater & Power
Jessie Sullivan
(609) 818-0700 ext. 20
[email protected]

Mike Breslin Productions LLC
Press Contact:
Mike Breslin
(201) 652-1287
[email protected]

Lippert/Heilshorn & Associates, Inc.
Investor Contact:
Jody Burfening
Chris Witty
(212) 838-3777
[email protected]


--------------------------------------------------------------------------------
Source: WorldWater & Power Corp.

Stocky2000

#129
this needs more volume today might come in in the afternoon :)

wrangler

Might be making a comeback. To me this will be a long term hold as solar power will be one of the energy efficient plays to help controll utility prices .
Goodluck trading :)
wrangler

Stocky2000

#131
Livana April, 03
QuoteNow all the indicators are way up. I am expecting a retracement between 0.40 and 0.43 (respectively 61.8% and 50%).

she was right....good Livana :o

Stocky2000

 :)

Livana

#133
Quote from: ket1390 on April 25, 2006, 11:21:13 AM
Livana April, 03
QuoteNow all the indicators are way up. I am expecting a retracement between 0.40 and 0.43 (respectively 61.8% and 50%).

she was right....good Livana :o
Thank you for the aknowledgment. Off course, I did not get in yet!!! I have to start trusting my analysis a little bit more!  :-\
I close above resistance at 0.47 would be nice...

Stocky2000

#134
0.35 should be support on the trendline