Microgrid Solar Play Gets Gov’t Approval

 

May 7, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- It is an exciting time for solar energy.  As per Solar Energy Industries Association, the next five years is projected to bring an additional 68 gigawatts of solar capacity, more than doubling the current capacity.  More than three-quarters of Americans feel that their utility provider should invest more heavily in solar energy.

In 2018, according to the Solar Energy Industries Association, a new solar energy project launched every 100 seconds.  Companies considered to be solar-focused come from multiple sectors, including utilities, industrials, energy, and more.

CleanSpark, Inc. (USOTC: CLSK), a microgrid company which helps companies get the most out of their energy including solar, announced last week its solar plus storage microgrid located at the Marine Corps Base Camp Pendleton has achieved government acceptance.  This shows that CLSK has more than a great idea, they have a government verified technology that is in major demand in several industries.

This announcement capped off a big week for CLSK.  CLSK also announced the release of a production version of its Microgrid Value Stream Optimizer (mVSO).  Rather than rely on a black box algorithm coupled with a spreadsheet of projected savings, CLSK’s mVSO displays in great detail how real savings can be achieved, down to 15-minute intervals.  Customers only need to provide CleanSpark with a year's worth of utility interval data for their mVSO to begin its calculations.  In some cases, an overall cost reduction of up to 90% can be achieved.  Start your research today.

Today we are highlighting: CleanSpark, Inc. (USOTC: CLSK), Vivint Solar, Inc. (VSLR), Canadian Solar, Inc. (NASDAQ: CSIQ), Pattern Energy Group Inc. (NASDAQ: PEGI), and TerraForm Power, Inc. (NASDAQ: TERP).

CleanSpark, Inc. (USOTC: CLSK) (Market Cap: $116.690M; Share Price: $2.71) has had quite the year.  The company engaged a firm to navigate their up listing, announced the near completion of a $900k contract to install a CLSK microgrid at a U.S. Marine Corps Base and has been progressing on a $18.3 million deal with NYSE company, MAC.  Now is the time to start your research on CLSK. 

CLSK has a microgrid energy solution for the cannabis industry that dramatically decreases the cost of energy associated with producing each pound of valuable cash crop.  A cannabis business using $90,000 per year in energy has the potential to reduce its operating costs (flowering stage) from $270/lb. to $200/lb., producing a 15% ROI over 10 years.

CLSK currently has several revenue generating projects.  It also released an Edgar filing reporting $20 million in financing in the form of Debenture, the Series B Preferred Stock, the Warrant and the Common Stock.  With the warrants being priced $3.50 per share with respect to 2,000,000 Warrant Shares, $4.00 with respect to 100,000 Warrant Shares, $5.00 with respect to 100,000 Warrant Shares, $7.50 with respect to 50,000 Warrant Shares and $10.00 with respect to 50,000 Warrant Shares, the parties are surely anticipating growth.  This committed financing will help accelerate the development and deployment of CleanSpark's Distributed Energy Resource (DER) Solutions to commercial customers.

CLSK has outlined several initiatives in their recent letter to shareholders.  CLSK is planning to initiate a marketing campaign to start reaching indoor cannabis growers dealing with inefficient energy usage in need of their services, push forward their projects with recent acquisition of Intellectual Property of Pioneer Critical Power Inc, and facilitate growth in their R&D to find new industries their solution can improve.  Start your research now.

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Vivint Solar, Inc. (VSLR) (Market Cap: $745.382M; Share Price: $6.18) plans to report financial results for the first quarter of 2019 after the U.S. financial markets close on Thursday, May 9, 2019.  The company will host a conference call and simultaneous audio-only webcast at 5 p.m. Eastern Time to discuss its financial results for the quarter.

Vivint Solar is a leading full-service residential solar provider in the United States.  With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings over time.  Vivint Solar designs and installs solar energy systems for its customers and offers monitoring and maintenance services.

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Canadian Solar, Inc. (NASDAQ: CSIQ) (Market Cap: $1.187B; Share Price: $20.03) announced it won two accolades in the 2018  Power Finance & Risk Deal of the Year Awards.  Canadian Solar was named the Latin America Project Finance Borrower of the Year, and was further recognized as Latin America Project Finance Deal of the Year for the financing of its 100 MWp solar project in Cafayate, Argentina.

Canadian Solar was founded in 2001 in Canada and is one of the world's largest and foremost solar power companies.  It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale power projects in various stages of development.  Over the past 18 years, Canadian Solar has successfully delivered over 32 GW of premium quality modules to customers in over 150 countries around the world.   

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Pattern Energy Group Inc. (NASDAQ: PEGI) (Market Cap: $2.262B; Share Price: $23.02) announced that it will release its first quarter 2019 financial results by press release on Friday, May 10, 2019, prior to market open.  The company will subsequently hold a conference call that same day, Friday, May 10 , at 10:30 am Eastern Time hosted by Mr. Michael Garland , President and Chief Executive Officer, and Mr. Esben Pedersen , Chief Financial Officer.

Pattern Energy has a portfolio of 24 renewable energy projects with an operating capacity of approximately 4 GW in the United States , Canada and Japan that use proven, best-in-class technology.  Pattern Energy's wind and solar power facilities generate stable long-term cash flows in attractive markets and provide a solid foundation for the continued growth of the business. 

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TerraForm Power, Inc. (NASDAQ: TERP) (Market Share: $2.876B; Share Price: $13.75) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2019, as per Zacks Investment Research.  This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

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Signed by

Priyanka Goel, CFA

 

Legal Disclaimer:

This article was written by Regal Consulting, LLC (“Regal Consulting”).  Regal Consulting has agreed to a three-month term consulting agreement with CLSK dated 9/12/18.  The agreement calls for $10,000 in cash, and 30,000 restricted 144 shares of CLSK per month.  Regal and CLSK have signed an amendment to extend the contract for twelve months starting 10/10/18, and increased the cash component to $20,000 per month.  CLSK has paid an additional $12,000 for services provided in November. CLSK has paid an additional $88,000 for services provided in December.  CLSK has paid an additional $100,000 for services for January.  CLSK has paid an additional $100,000 for services for February.  Regal was paid an additional $100,000 for March services.  CLSK has paid an additional $100,000 for services for March.  CLSK has paid an additional $80,000 for services for April.  CLSK has paid All payments were made directly by Clean Spark, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of.  Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article.  Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice.  This article is based on public information and the opinions of Regal Consulting. CLSK was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein.  Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

 

 

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SOURCE: Microcap Speculators

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