Cronus Capital Markets, Investrend Team for Comprehensive Alternative Energy Sector Research Program

From: GroupWeb EmailWire.Com
Published: Thu Oct 13 2005

New York, NY -- The emerging Alternative Energy sector is being quantified in a comprehensive Alternative Energy Sector Report commissioned by Cronus Capital Markets (CCM) via Investrend Research, the industry’s oldest and largest independent analytics provider. The report will focus on the various financial aspects of Alternative Energy such as Geothermal Heat, Hydrogen/Fuel Cell, Hydropower, Nuclear, Solar energy, and Wind Energy. Major players in the Alternative Energy sector include; Energy Conv. Devices (NASDAQ: ENER), Ormat Tech (NYSE: ORA), Ballard Power (NASDAQ: BLDP), and Plug Power Inc. (NASDAQ: PLUG).

The Alternative Energy Sector Report, in addition to giving investors a top-down analysis of the sector, intends to spotlight under-covered companies that seek to gain more visibility and exposure among institutions and the investing public for their Alternative Energy initiatives. The reports will be widely distributed to the entire global financial community via the Investrend Distribution Network, which also includes 90% penetration on the sell side with firms such as Knight, Jefferies, Schwab, Bear, Citigroup, Legg Mason, A.G. Edwards, to name only a few.

It is clear that the world is facing an ever-increasing energy crisis, especially with the amount of fossil fuels available for consumption continuously in doubt. This situation will continue to have a profound impact on the financial markets, said Michael Soni, President and CEO of Cronus Capital Markets. He noted that Alternative Energy must become a priority of paramount importance. "There is no question that the growth of the Alternative Energy sector will be tremendous, due to large and unprecedented capital allocations towards solutions to an eventual long-term energy crisis. As a result, established and newer companies alike will benefit, as they play a larger role in an expanding sector," said Soni. He pointed out that over the course of the last couple of years, due to a lack of clear and independent information the market has been forced to approach the Alternative Energy sector in a fragmented fashion. Currently, investors do not have a comprehensive and quarterly independent research report for the Alternative Energy Sector to aid them with their investment decisions", said Soni.

Included in the report will be a "Company Research Directory", where research on companies in the sector will be available. "Many companies, both newer and more mature, in the Alternative Energy Sector have little or no research coverage, and as a result, operate at a disadvantage in the market place. Many of these companies have important products and ideas but lack the research and exposure needed to attract investors- both for private and public investment", said Soni.

Cronus Capital Markets (CCM), with offices in Toronto and New York, is a leading provider of sector research, intelligence and media to the investment and business communities. ( CCM SectorInvest (, the media arm of Cronus Capital Markets, is an online knowledge center for the investment and business communities engaged in the following sectors; Homeland Security, Biometrics, RFID, Nanotechnology, Alternative Energy, Oil & Gas, and Metals. CCM is a Strategic Alliance partner with Investrend Communications, Inc. (, whose Investrend Research ( division produces the Alternative Energy Sector research reports.


Cronus Capital Markets (CCM)
Dianne Rudderham
Tel: 416-368-3700

This press release was issued through GroupWeb EmailWire.Com.
Company: GroupWeb EmailWire.Com

Visit website »