Stocks to Watch: Miracle Applications (PINKSHEETS: MIRA), Composite Technology Corporation (OTCBB: CPTC), Canadian Solar, Inc. (NASDAQ: CSIQ), Tanzanian Royalty Exploration Corporation (AMEX: TRE), Calpine Corporation (NYSE: CPN)
Featured Stock: Miracle Applications
(PINKSHEETS: MIRA)
Current Price (0.025)
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Del Mar, CA – MAC 1 (MIRA) is currently negotiating contracts for the installation of LED lights with the City of Plano, Texas to retrofit city lighting, and the City of Cincinnati, Ohio to replace the bulbs in the city's traffic lights. Various estimates of potential energy savings range from 82% to 93%. By way of an example, it is estimated that replacing incandescent lamps in all of America's approximately 26,000 traffic signals (red, green and yellow) could reduce energy consumption by nearly 2.5 billion kilowatts. The dollar value of such savings is tremendous.
Composite Technology Corporation
(OTCBB: CPTC)
Current Price (0.218)
Composite Technology Corporation engages in the development, manufacture, and marketing of energy efficient products and renewable energy products for the electrical utility industry. It operates in two segments, CTC Cable and DeWind. The CTC Cable segment sells aluminum conductor composite core (ACCC) conductors, a composite core overhead electrical transmission conductor, as well as manufactures and sells the composite core component of the ACCC conductor and various hardware connector accessories.
Canadian Solar, Inc.
(NASDAQ: CSIQ)
Current Price (4.20)
Canadian Solar, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules built to general specifications for use in various residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products based on customers requirements.
Tanzanian Royalty Exploration Corporation
(AMEX: TRE)
Current Price (4.30)
Tanzanian Royalty Exploration Corporation engages in the acquisition and exploration of natural resource properties. The company primarily focuses on exploring for gold properties in Tanzania. It principally owns interests in 149 mineral resource properties in the Lake Victoria Greenstone Belt and Kabanga/Kagera Nickel Belt regions of Tanzania.
Calpine Corporation
(NYSE: CPN)
Current Price (6.06)
Calpine Corporation engages in the generation and sale of electricity and related products and services to wholesale and industrial customers in North America. It offers electricity generated from natural gas-fired combustion and renewable geothermal facilities. The company also operates power plants, geothermal steam fields, wells and well pumps, and gas pipelines.
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