Tuesday, April 09, 2013

Mothers of Invention

This week we updated the Mothers of Invention Index of leading innovators in energy efficiency and creators of energy-effective materials and solutions.  The index is now populated by 226 different companies across nine categories. 

Following our series earlier this year on carbon capture, the group was added to the Mothers of Invention Index.  The Carbon Capture Group includes some companies previously listed among suppliers of hydrogen such Praxair, Inc. (PX:   NYSE) and Air Products (APD:  NYSE).  We also added some new names such as MAST Carbon Technologies and Mongstad Technology Center.
A number of additions were made to the SmartGrid and Storage Groups as well as Efficiency and Emissions Control.  We updated Ecototality’s stock symbol  -  ECTY:  Nasdaq  -  and added Enphase Energy (ENPH:  Nasdaq).  The most deletions were in the Fuel Cells Group, one of the most challenging of the renewable energy technologies.

Several lithium and graphite mining companies were added to our Materials Group.  Most of them are still in the exploration stage such as Rodinia Minerals (RADNAF:  OTC/BB) and RockTech Lithium (RCKTF:  OTC/BB).  This is broad ranging group and includes another new addition  -  Cereplast, Inc. (CERP:  Nasdaq)  -  a developer of novel resins for compostable plastic bags.

The largest category in the Mothers of Invention Index remains the Storage Group.  There were some deletions as the challenges of battery technology proved too much for some early stage companies.  We left A123 Systems (AONEQ:  Nasdaq) in the group as a stand-alone entry since its stock has remained trading through its bankruptcy and asset sale.  
The full list of companies in the Mothers of Invention Index can be found the the Crystal Equity Research web site.

Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.


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