Beacon Equity issues Trading Overview for Ocean Power Technologies Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, October 19, 2009 ) DALLAS, Texas - BeaconEquity.com announces an investment report featuring electric power company Ocean Power Technologies Inc. (Nasdaq: OPTT).
The investment report on Ocean Power Technologies Inc. (Nasdaq: OPTT) should be of particular interest to other power companies: Exelon Corp. (NYSE: EXC), American Electric Power Co. (NYSE: AEP), Duke Energy Corp. (NYSE: DUK) and FirstEnergy Corp. (NYSE: FE).
It is available at: http://www.beaconequity.com/i/OPTT
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Ocean Power Technologies Inc. (OPTT) develops and commercializes proprietary electricity generation systems of renewable energy through harnessing the power of ocean waves. The Company's PowerBuoy system is designed to supply electricity to local and regional power plants; the autonomous PowerBuoy system generates and supplies electricity independent of the grid to remote locations.
Message Board Search for OPTT: http://www.boardcentral.com/boards/OPTT
In the report, the analyst notes:
“On October 13, the Company announced that it signed an engineering agreement with Lockheed Martin, helping the Company move its PowerBuoys closer to mass production. The agreement stipulates that the goal is to develop utility-scale marine power systems of 10MW of power covering 30 acres located off the west coast.
“On October 8, the Company announced that it signed an agreement with Mitsui Engineering, Idemitsu Kosan and Shipbuilding Co. Ltd. to develop a marine energy power station in Japan. Reuters reported that the agreement to build a power station off the coast of northern Japan is scheduled to commence next year or 2011, and involves a proposal to deliver either a 40 kilowatt or 150 kilowatt system.”
To read the entire report visit: http://www.beaconequity.com/i/OPTT
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The investment report on Ocean Power Technologies Inc. (Nasdaq: OPTT) should be of particular interest to other power companies: Exelon Corp. (NYSE: EXC), American Electric Power Co. (NYSE: AEP), Duke Energy Corp. (NYSE: DUK) and FirstEnergy Corp. (NYSE: FE).
It is available at: http://www.beaconequity.com/i/OPTT
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Ocean Power Technologies Inc. (OPTT) develops and commercializes proprietary electricity generation systems of renewable energy through harnessing the power of ocean waves. The Company's PowerBuoy system is designed to supply electricity to local and regional power plants; the autonomous PowerBuoy system generates and supplies electricity independent of the grid to remote locations.
Message Board Search for OPTT: http://www.boardcentral.com/boards/OPTT
In the report, the analyst notes:
“On October 13, the Company announced that it signed an engineering agreement with Lockheed Martin, helping the Company move its PowerBuoys closer to mass production. The agreement stipulates that the goal is to develop utility-scale marine power systems of 10MW of power covering 30 acres located off the west coast.
“On October 8, the Company announced that it signed an agreement with Mitsui Engineering, Idemitsu Kosan and Shipbuilding Co. Ltd. to develop a marine energy power station in Japan. Reuters reported that the agreement to build a power station off the coast of northern Japan is scheduled to commence next year or 2011, and involves a proposal to deliver either a 40 kilowatt or 150 kilowatt system.”
To read the entire report visit: http://www.beaconequity.com/i/OPTT
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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