Friday, June 11, 2021

Creative Energy: Mothers of Invention Index

There are significant investment opportunities in companies focused on renewable energy, the environment, conservation and pollution abatement.  To pursue the theme Crystal Equity Research has maintained a collection of company lists to aid investors in finding and following canny technology developers and strong producers.

Investors’ options are not limited to energy producers.  There is considerable value created by a variety of companies that are finding new ways to store, distribute and apply energy.  Others offer products and solutions that will save energy for consumers and industry in everyday tasks and processes.  We are also interested in a group of innovators that are finding new chemical processes and materials that make it possible to use valuable resources more efficiently and with lower energy requirements.  Along the same vein we find entrepreneurs involved in reducing costly, energy consuming toxic emissions.  Some companies are finding ways to use carbon dioxide in new and valuable ways.

Strategic investors have also been looking carefully at innovators in the Mothers of Invention Index.  UQM Technologies was bought out by Sauer Danfoss.  The deal is giving UQM access to new markets for its highly-engineered electric propulsion technology.  Maxwell Technology snapped up battery technology developer Nesscap Company Ltd.  Red T Energy Plc merged with Avalon Battery to form Invinity Energy Systems and focus on vanadium flow battery technology.   GroSolar was acquired by EDF Renewables, subsidiary of France’s EDF Group a developer and constructor of power plants.  The deal gave EDF Renewables more capacity in engineering and constructing solar photovoltaic projects. 

Some of the divestitures were less than glamorous.  Enervault, the redox flow battery developer, was sold off in parts.  The same fate overtook lead-acid battery recycler Exide Technologies.  However, the Exide brand name lives on with at least one of its parts acquired by Atlas Holdings.

It was not all deals in this group.  E-estor Corporation changed its name to Fuel Positive and got a new stock symbol:  NHHHF.  The company is focusing on developing a carbon-free fossil fuel replacement that could be disruptive in the hydrogen economy.  Likewise, EnerNov changed its name to Enel X, to focus on demand response and smart energy solutions.

 

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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