Alternate Energy Holdings, Inc. (PINKSHEETS: AEHI) announced its Board’s decision to suspend the stock repurchase plan originally announced October 11, 2007. Due to increasing investor interest in alternate energy companies and the equity requirements of AEHI’s large Idaho nuclear/bio-fuel complex, the company has elected to discontinue indefinitely the previously announced buyback plan. CEO Don Gillispie states, “While our shares are currently undervalued, we believe this suspension is in the best interests of the company and its shareholders. It allows for the allocation of resources that encourage maximum growth of our holdings.” Read the rest of this entry »

O2Diesel Corporation (AMEX: OTD) today provided a year end update on key milestones achieved during 2007 coupled with an outlook of future developments in 2008. Read the rest of this entry »

Akeena Solar, Inc. (NASDAQ-CM: AKNS), a leading designer and installer of solar power systems, today announced it has filed an updated registration statement on Form S-3 with the Securities and Exchange Commission. This filing will benefit existing shareholders by updating its prior disclosures and consolidating the selling stockholder information relating to a total of 8,288,405 shares held by existing shareholders. The new registration form carries forward the registration of shares on older Form SB-2 filings made and declared effective in September, July and April 2007. Read the rest of this entry »

BlueFire Ethanol Fuels, Inc. (OTC BB: BFRE) closed $15 million in financing for corporate overhead and continued project development with Quercus, an environmentally focused trust.On December 14, 2007, BlueFire entered into a Securities Purchase Agreement whereby Quercus Trust acquired shares of common stock and warrants for total proceeds of $15,000,000. The complete terms of the agreement are detailed in the Form 8-K filed with the Securities and Exchange Commission on December 17, 2007. The financing enabled BlueFire to convert its outstanding senior secured convertible notes held by Aurarian Capital Partners and Aurarian Capital Ltd into common stock.

“BlueFire is very excited to have the Quercus Trust as a strategic investor in our company and we applaud the Quercus Trusts continued commitment to invest in the companies that provide environmentally sound solutions for todays global issues, said Arnold Klann, President and Chief Executive Officer of BlueFire Ethanol. This investment will provide us with the capital liquidity that we need to continue to execute our business plan and will help bring America one step closer to becoming energy independent.

BlueFire Ethanol is one of six ethanol companies awarded funding from the U.S. Department of Energy for its planned ethanol production facility using cellulosic wastes diverted from landfills in Southern California. The facility will produce approximately 17 million gallons of cellulosic ethanol per year from green waste, wood waste and other cellulosic urban wastes.

In addition, BlueFire is also in the process of obtaining all necessary permits to commence construction of a smaller facility near Lancaster, California. The Lancaster plant will produce 3.1 million gallons of cellulosic ethanol per year from the cellulosic fraction of post-sorted municipal solid waste. By locating biorefineries directly in the markets with the highest demand for ethanol, BlueFire Ethanol’s technology can also help cities manage landfill waste — solving two problems for the price of one.

“We have made significant progress in our efforts to build the first cellulose-to-ethanol facility in California. This facility will be a catalyst for cellulosic fuel production throughout our nation and will provide the first building block in generating the 16 billion gallons of cellulosic ethanol per year that were outlined in the recently passed Energy Bill, stated Klann.

If you would like to receive regular updates on BlueFire Ethanol, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1437&to=ea&s=0.

About BlueFire Ethanol Fuels, Inc.:

BlueFire Ethanol Fuels, Inc. is established to deploy the commercially ready, patented, and proven Concentrated Acid Hydrolysis Process for the profitable conversion of cellulosic (“Green Waste”) waste materials to ethanol, a viable alternative to gasoline. BlueFire’s use of the Process Technology positions it as the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues. Our goal is to develop and operate high-value carbohydrate-based transportation fuel production facilities worldwide. These “biorefineries” will convert widely available, inexpensive, organic materials such as agricultural residues, high-content biomass crops, wood residues, and cellulose from MSW into ethanol. BlueFire intends to build a multinational company that leads the world in producing biobased transportation fuels. Its business will encompass development activities leading to the construction and long-term operation of production facilities while maintaining technological advantage and ownership of the process technology and all its improvements. Ethanol will be produced from biorefinery facilities opportunistically constructed on or near landfills, waste collection and waste separation sites. Each facility will deploy the proprietary technology, which uses all cellulosic waste materials traditionally disposed of in landfills as feedstock. www.BlueFireEthanol.com

ISS Recommends Ballard Shareholders Vote FOR Resolutions in Relation to Sale of Certain Automotive Fuel Cell Assets  

Ballard Power Systems (TSX: BLD)(NASDAQ: BLDP) today announced that Institutional Shareholder Services (“ISS”), the leading independent proxy advisory firm for institutional investors involved in proxy voting matters, has issued a report recommending that shareholders vote FOR the ordinary resolution regarding the sale of Ballard’s automotive fuel cell assets to Daimler AG (“Daimler“) and Ford Motor Company (“Ford”). In addition, ISS recommends shareholders vote FOR the special resolution amending Ballard’s articles to cancel Class A and Class B shares, which give Daimler and Ford specific rights. Read the rest of this entry »

Minneapolis-Based Dougherty & Company to Aid in Ethanol Plant Acquisition Efforts

ICrystal, Inc. (PINKSHEETS: ICRI), a Johnston, Iowa-based ethanol company that is to acquire privately-held ALL Energy Company, today announced today announced that ALL Energy has engaged Dougherty & Company LLC (Dougherty), a Minneapolis-based full service investment banking firm, to assist ALL Energy in acquisitions within the bio-fuel Sector. Read the rest of this entry »

GiraSolar, Inc. (PINKSHEETS: GRSR) (FRANKFURT: L2I) is pleased to announce its quarterly earnings for the period ending June 30, 2006.

GiraSolar BV reported revenues of $36,637,654, and a gross profit of $977,632 for the 6 months ended June 30, 2006. For the period the company reported a net loss of ($115,521), or ($0.02) earnings per share. Read the rest of this entry »