BioFuel Energy Corp.
Shares of Ascent Solar Technologies, Inc. (NASDAQ: ASTI) were down 13 percent to under $4 in mid-day trading after the development-stage company announced it expected to raise $20.25 million from an underwritten public offering of 5.25 million common shares priced at $4.15 per share. The company expects the offering to close November 16.
Other news: Tesla Motors, Inc., WaterFurnace Renewable Energy, Inc., BioFuel Energy Corp., Aleo Solar AG.
EnergyBoom’s E•B Efficiency subindex increased 1.03 percent last week, beating EnergyBoom’s other four clean sector indices and beating all broad market indices except the NASDAQ Composite Index which increased 1.13 percent.
The EnergyBoom Biofuel Subindex (E•B Biofuel) has increased 4.53 percent in the period October 1 through October 19, outperforming the green ETFs and broad markets regularly covered by EnergyBoom.
Ethanol stocks were up moderately in the first hours of trading this morning after the Wall Street Journal reported that the Environmental Protection Agency (EPA) was planning to allow ethanol levels in gasoline to increase to 15 percent from the current 10 percent level in late model
Some special attention today for a handful of alternative energy companies that achieved share price increases yesterday in the face of the equity markets’ across-the-board decline: Biofuel Energy, Nevada Geothermal Power, Shear Wind, Lithium One, Fuel Systems Solutions, Oxford Catalysts Group PLC, Q-Cells SE, PV Crystalox Solar PLC, Aleo solar AG.