As Only Quick Fix, Expect Energy Efficiency Providers To Surge – Watch Tanfield, WFI and Pursuit (Part 3 of 3)
Submitted by EnergyTechStocks.com
A desperate search is on in America and around the world for quick fixes to an energy crisis decades in the making, but as experts emphasize, the only immediate remedy is to use less. Thus companies that provide energy efficiency services are about to reap the benefits of unprecedented attention from Washington, Wall Street and the global media. Investors who stake out their positions now should benefit as well.
It’s never the role of EnergyTechStocks.com to recommend which what stocks to buy, only to try to guide investors in directions that seem promising. So here is the third group of nine companies whose energy efficiency products and services could be in high demand, beginning with:
Tanfield Group – EnergyTechStock.com keeps writing about Tanfield Group, and with good reason. The firm’s Smith Electric Vehicles unit appears to be on the verge of a huge increase in sales, as rocketing fuel prices force companies that rely on delivery vans to switch to electric engines. Smith Electric is building a manufacturing facility in the U.S. that will greatly add to its global capacity. The company reportedly is signing up customers in Great Britain at a fast clip. (By the way, if Tanfield does well, then Valence Technology should too, because it provides lithium-ion batteries for Smith engines.)
WFI Industries – Because it refuses to be listed on a U.S. stock exchange, WFI Industries gets overlooked by many investors. Too bad. WFI, which lists in Toronto, just reported pre-tax profit up 40% and sales up 13%. It also just raised its dividend. U.S.-based WFI is a leading manufacturer of geothermal heat pumps – systems that cut energy use by utilizing the earth’s own heat and cooling capabilities. The company just said the rest of 2008 looks good.
Pursuit Dynamics – This British firm could be on the cusp of global recognition if – and it’s still only an “if” – it can demonstrate that its technology is capable of increasing fuel ethanol yields up to 15% at no extra cost to the producer. As EnergyTechStocks.com recently reported, Pursuit is about to conduct the first commercial scale test of its technology, on a Pacific Ethanol facility in the U.S. Results should be known in a few months. (For more on Pursuit Dynamics, see Could Britain’s Pursuit Dynamics Give the Corn Ethanol Industry the Boost It Badly Needs?.)
