Posted: 26 month(s) and 27 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: JabberwockySuperfly

In recent days oil has hit $100 USD per barrel. Coal, natural gas and oil shale are seeing similar rises in price. Resources are getting scarce, and this is fantastic if you already own some resources stocks, and may be a solid investment, but the growth potential isn't all that stellar. Besides, taking the long view, sooner or later these resources are going to dry up, no one knows when exactly, but it will happen. Alternative and green energy seem to be booming, but investment wise I don't see very many financially viable places to drop money yet, just a cavalcade of fantastic ideas. Cue the carney barkers with machines that turn water into electricity and the perpetual motion corkscrews.

Hamilton Sundstrand Corp. (NYSE: UTX) have a brilliant new idea for an alternative system to produce electricity,through the use of solar energy, molten salt and steam, that is already up and running, and seem poised for invenstors to get on board in a big way. In a press release today, Hamilton Sunstrand announced an exclusive partnership with SolarReserve (a subsidary of US Renewables) to sell this technology in the US. This is huge news, because this isn't some pipe dream idea, with technology under development. This is pret a porter energy, for the here and now.

The Nevada Solar One Plant, in Boulder City NV has been online since June of 2007 and is currently producing over 64MW of electricity and providing power to 40,000 homes.  Nevada Solar One uses an enormous array of parabolic troughs out in the desert to collect sunlight, and then uses molten salt to store this energy, which is later converted to steam in order to drive turbines and produce electricity. It even keeps working at night when the sun is down. Similar plants are currently under consideration in sunny Spain, and Israel, using the same green technology.

This new technology offers several great opportunities to sock away some cash. US Renewables Group, LLC manages several private equity funds running about $575 million USD, and invests in all types of alternative energies.  Hamilton Sundstrand Corp., a subsidary of United Technologies Corp., trades on the NYSE under the ticker symbol UTX, and since acquiring Rocketdyne owns exclusive access to this technology in the US.

In the current media climate, it's impossible to build a brand with advertising, but simple to build a brand through PR with great press.  Both Us Renewables and Hamilton Sundstrand are quickly becoming green darlings in the press, so I suspect we'll be seeing a lot more of these companies in the very near future. It strikes me that now would be a perfect time to throw some salt over your shoulder and pony up some cash to make a big score.

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