Two fuel cell companies were among the six top performers in the EnergyBoom Clean 100 Index (E•B Clean 100) over the five trading days leading up to the Christmas break.
Shares of FuelCell Energy, Inc. (NASDAQ: FCEL) were up 28.7 percent (down 44.5 percent year to date) and shares of Ballard Power Systems Inc. (NASDAQ: BLDP) were up 14.5 percent (down 16 percent YTD).
The BP oil spill demonstrates an urgent need for the U.S. government to create incentives to drive investment in alternative fuels say biofuel industry leaders, who are lobbying officials in Washington for long-term support.
Recently, PlanetSolar unveiled the world's largest solar powered boat and announced plans to embark on a round-the-world tour in early 2011.
The development of aviation biofuels using biomass sources such as jatropha, camelina and algae will be an important factor in the drive to drastically reduce aviation industry emissions, says a report this week from the Frost & Sullivan consulting firm.