April 15, 2008

ARISE Rises on Upped Production Plans

Here’s a greener solution that’s taking off: Solar power.

ARISE Technologies’ (APV: TSX) share price took off a couple weeks ago in advance of several material press releases, including the recent announcement that the company has increased PV cell production plans by 56%, bolstered by increased production at its first ever, relatively brand spanking new production facility in Germany.

The company announced that it would increase PV cell production at the German plant to 560MW (annually) by 2012 from previous level of 360MW. This is due at least in part to the fact that the company will add a second production line at the facility by 2009. Read the rest of this entry »

Another Year for the Renewable Tax Credit

Apologies from the offices of Mining and Money: We’re late in raising a glass of bubbly to celebrate the Great Renewable Energy Production Tax Credit Extension. Sorry. We’ve been caught up in preparing the Community (aka forum) entity of this site, due out next week!

Nevertheless, renewable energy companies operating in the US have much cause for celebration as the US Senate voted last Thursday to renew an extension of tax incentives that encourage renewable energy production and investments to reduce energy use. As reported by Grist.com: Read the rest of this entry »