California Outlines Stepped-Up Alternative Transportation Fuels Push
Natural Gas Intelligence (subscription)-Mar 2, 2015
Under the CEC's Alternative and Renewable Fuel and Vehicle Technology Program (ARFVTP), 60 natural gas vehicle (NGV) fueling stations .
scralex, people forget that CLNE has a 160 million dollar contract with China Gas for nat gas compressors. When the new pollution policy comes out for the CCP, that contract work may kick into high gear. Policy comes out soon, environmental minister just praised an anti-pollution documentary that as caused a small uprising in China.
look at the chart released by UBS today. Looks like half the oil fields lose money at 65 dollar oil. UBS sees oil at 65 to 70 for years. If I were a truck company, I would be very interested in NG trucks even at those prices. Not so much at 45 dollars, but 65 is just a tad less than 50% more than 45.
Plus nat gas has gotten cheaper, falling from about 4.25 to about 2.75. That's $1.50 fall, over one-third of the price cut.
solar water pumps, mini-grids, rooftop leasing for residential, utility, commercial, operation and management, and of course project development and electricity sales. any one of these could blow up in demand.
and there is always the dozens of Gigawatts in project pipeline that will likely be developed over the next five years.
y'all should have bought on that drop. If SUNE can get big into the leasing business in Europe, watch out! They just announced solar leasing program in Britain. First to do so there. I am waiting for leasing to come to Texas so me and other famiy can start leasing on our roofs.
The government also doubled the tax on every metric ton of coal imported or produced in the country. The revenue collected from this tax goes to the National Clean Energy Fund (NCEF) which is used to finance renewable energy projects. While the tax has been doubled, for the second consecutive time — to $3.3 per metric ton — the allocation to the NCEF remained the same at around $780 million.
short float will never be 0, but the shares shorted currently need to cover. The direction of the stock is upwards. When this company becomes profitable, or when the next major contract or development is announced, profitability will be drawn much closer, and the short shares will want to have covered by then.
If 200K short shares were covered every day, net, and there are 13 million shares short, that would take 65 trading days, which brings us to the next earnings report. by that time, there will likely be some NG Advantage or Mansfield announcements to deal with. Maybe an RNG or core business deal. WPRT will have reported. Chinese government will have announced new pollution curbs. Oil will have recovered by another 10 dollars.
did any cover and go long? There were 15 million shorts. I bet a million or so covered since earnings. That leaves over 13 million, in my opinion. If they play this cleverly, maybe they can all cover below 7 dollars? Nothing against shorts, I just need to figure out how many people have an incentive to buy, besides investing in a good company.
Noah, in an earlier post you said that clne had opened 5 stations this year on the ANGH. Is that right? The latest one being in TN.
Noah, gleaning from the cc, it seems that they will easily meet their 20% growth rate target in 2015, core, ANGH, RNG, Mansfield, NG Advantage. Each is growing and some likely by a multiple, like Mansfield.
thanks for metnioning this. good to be reminded of various factors.. they said that SGA would remain flat with revenues going up.
I had the same question about the 21 million spent on high-pressure trailers. Seems like he is pretty sure the money will be spent. just my sense. he said that the NG Advantage volumes would grow sequentially. The 3.5 million gallons are only for the 4th quarter. So, my bet is that NG Advantage maybe sells over 20 million gallons in 2015.
from the MF interview, sounds like they will open about 20 of the ANGH LNG stations this year, or hope to do so. That would be pretty amazing if they did. all the money has already been spent on these stations, just 50K to open each one, each one has a minimum of ten trucks, right?