SPONSORED

Biden´s Infrastructure Bill to bring boom for Green Tech Stocks

The 6 billion program should give stocks a lift off.

•• 3 Min
Biden´s Infrastructure Bill to bring boom for Green Tech Stocks

As the infrastructure negotiations evolve, one thing is clearly clear: the Biden administration will not back down when it comes to allocating funds to help keep the world's largest, most energy-intensive economy moving towards a clean, green energy infrastructure paradigm . If the GOP doesn't like it, the Dems will simply move on to assigning the infrastructure in the budget reconciliation process starting next year where the filibuster doesn't apply and they only need 50 votes in the Senate (due to VP Harris's crucial tie-breaker vote ). That could mean the bill grows to $ 6 trillion and a lot more allowance for the green tech industry, Politico reported late last week. This has enormous consequences for key players in this field, including NextEra Energy Inc (NYSE: NEE), FuelCell Energy Inc (NASDAQ: FCEL), Eco Innovation Group (OTCMKTS: ECOX), Plug Power Inc (NASDAQ: PLUG), Blink Charging Co (NASDAQ: BLNK) and Enphase Energy Inc (NASDAQ: ENPH). We take a closer look at some of these names with current catalysts below. Plug Power Inc. (NASDAQ: PLUG) offers turnkey hydrogen fuel cell solutions for the electromobility and stationary energy markets in North America and Europe. The company focuses on proton exchange membrane (PEM) fuel cell and processing technologies, fuel cell / battery hybrid technologies and the associated infrastructure for storing and delivering hydrogen. The company offers GenDrive, a hydrogen-powered PEM fuel cell system that powers electric vehicles for material handling; GenFuel, a system for the supply, generation, storage and delivery of hydrogen; GenCare, an ongoing maintenance and service program for GenDrive and GenSure fuel cells, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides modular PEM fuel cell power for the backup and utility power needs of the telecommunications, transportation and utility sectors. Plug Power Inc. (NASDAQ: PLUG) recently announced plans to build a green hydrogen production facility in Camden County, Georgia, to serve customers in the southeastern United States. The announcement confirms Plug Power's continued commitment to build North America's first green hydrogen utility as the Camden County facility extends Plug Power's service coverage to the entire east coast of the United States. "With this hydrogen production facility, we are expanding our green hydrogen network to provide zero-emission fuel to customers in Georgia and throughout the Southeast," said Andy Marsh, CEO of Plug Power. "Investing in Camden County is the right decision to support Plug Power's continued growth." And the stock has done well in the past few days, up around 17% in that time. Plug Power Inc. (NASDAQ: PLUG) had sales of $ -0.3 billion, according to the company's latest quarterly report. This corresponds to a sequential growth rate of -395.7% compared to the previous quarter. In addition, the company has a strong balance sheet, with cash well in excess of current liabilities ($ 1.3 billion versus $ 222.4 million). Eco Innovation Group (OTCMKTS: ECOX) appears destined to become a growing force in the field as it moves a number of interesting projects towards commercialization. The company has an incubator model based on a network of relationships with green tech innovators and inventors. ECOX finds promising projects and helps move them forward, eventually taking commercial control through exclusive licensing agreements that, once signed, fund prototypes and demonstrate, followed by marketing and rollout. Based on corporate communications, the company is currently about to launch some very interesting technology projects. The Eco Innovation Group (OTCMKTS: ECOX) this morning announced further progress on one such project: The company has begun manufacturing a fully functional prototype of its recently licensed PoolCooled ™ climate control technology solution.

Joe BidenUSA

Most Popular News

  1. SpaceX’s $8B Spectrum Deal Sends AT&T, Verizon, and T-Mobile Plummeting
  2. Is Project Vault Securing America’s Supply Chain or Squeezing It to the Breaking Point?
  3. Why Gautam Lohia Shifted from Global Consulting to Reboot a $20M Tech Micro-Cap
  4. Everyday Luxury, Unstoppable Scale: Aritzia Delivers 44% Net Revenue Growth
  5. Can Navy SEAL Leadership and Big Tech Scale Revolutionize Airborne Threat Detection?

Disclaimer


This report should not be viewed as investment advice or as an offer to buy or sell any securities or as an invitation or solicitation of an offer to buy or sell any securities. Neither the author of this report, its publisher, nor any other person associated with the publication of this report, are registered brokers, investment dealers, investment advisers, or financial advisers. The information in this report has not been tailored to the particular needs or circumstances of readers and should not be relied upon as investment advice or recommendations to purchase or sell any of the securities presented in this report. Readers seeking investment advice should contact qualified and registered brokers, investment dealers, investment advisers, or financial advisers prior to making any decision to buy or sell any of the securities referred to in this report. The information in this report should not be construed as investment, legal, or tax advice. No recommendation is made as to whether an investment in the presented securities is suitable for any reader in light of the reader’s particular circumstances.

Readers are cautioned that the publisher of this report covers exclusively securities that carry a high degree of volatility. Investing in such securities is highly speculative and carries a high degree of risk. Investors in such securities could lose all or a substantial portion of their investment. Only those investors who can afford to lose all or a substantial portion of their investment should consider investing in the securities referred to in this report.

This report may include information obtained from publicly available sources, including third-party reports or analysis. Neither the author nor publisher of this report, nor www.juniorstocks.com or its owners, have undertaken any independent investigation into the factual information used in this report, and the information in this report is provided without any warranty of any kind. No representations or warranties are provided regarding the accuracy or completeness of the information provided in this report. Statements of opinion or belief are those of the authors and/or publisher of this report. These statements of opinion or belief are expressions of the author’s and/or publisher’s judgment, and there is no guarantee that those judgments will turn out to be correct. No inference should be drawn that the author and/or publisher have any special or greater knowledge about the presented companies or their securities, or any particular expertise in the industries or markets in which the company operates. Readers should conduct their own due diligence and seek professional advice prior to investing in any securities presented on Juniorstocks.com.

Certain statements in this report constitute “forward-looking” statements. Forward-looking statements often, but not always, are identified by the use of words such as “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “targeting,” and “intend” and statements that an event or result “may,” “will,” “should,” “could,” or “might” occur or be achieved and other similar expressions. Forward-looking statements express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance; they are not statements of historical facts and should not be viewed as any guarantee of any future result. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. The author and/or publisher of this report disclaims any obligation to update the forward-looking statements in this report, whether as a result of new information, future events, or results or otherwise. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation, or would subject the author or publisher of this report to any registration requirement in such jurisdiction or country.

Information about the editor of this publication:
Juniorstocks.com is a service provided by Piccadilly Capital Group, Office 66, 101 Clapham High Street, London, SW4 7TB, UK. Piccadilly Capital Group is not the publisher of this report and was not paid for the publication of this report. Piccadilly Capital Group seeks to generate web traffic and a growing number of followers through the publication of articles or reports. Directors, officers, and other insiders of the publisher own an interest in Piccadilly Capital Group. Piccadilly Capital Group does not endorse or recommend the business, products, services, or securities of any company mentioned on www.juniorstocks.com. Piccadilly Capital Group will not share your information with any outside third parties. Due to the new data protection basic regulation, we ask you to read our data protection declaration carefully.

Note on copyright:
The contents published on this website and on connected media (e.g., e-mail, X, Facebook) are subject to applicable copyright and ancillary copyright laws. Any use not permitted by applicable copyright and ancillary copyright laws requires the prior written consent of the provider or the respective rights holder. In particular, this applies to the duplication, editing, translation, storage, processing, or reproduction of content in databases or other electronic media and systems. Contents and rights of third parties are marked as such. Unauthorized reproduction or transmission of individual contents or complete pages is not permitted and is punishable by law. Only the production of copies and downloads for personal, private, and non-commercial use is permitted. Links to the provider's website are always welcome and do not require the consent of the provider of the website. Photos and images on the website may not be shared unless the publisher itself has acquired the initial rights from authorized sources. The presentation of this website in external frames is only allowed with written permission. If you notice any violations, please inform us. Please note: The content of our articles, emails, or other publications or social networks such as X, LinkedIn or Facebook is exclusively intended for the designated addressee(s). If you are not the addressee of these articles, emails, or other publications in the market letter or social networks such as Twitter or Facebook or his or her legal representative, please note that any form of publication, reproduction, or distribution of the content of these articles, emails, or other publications in the market letter or social networks such as X, LinkedIn or Facebook is prohibited. Falsifications of the original content of this message during data transmission cannot be excluded in principle.