Electrovaya Added to Ardour Global Alternative Energy Index

http://www.lithium-stocks.net/1202/electrovaya-added-ardour-global-alternative-energy-index/

Posted by admin in Lithium Articles 700 comments TORONTO, ONTARIO, Jun 22, 2010 (MARKETWIRE via COMTEX) — Electrovaya Inc (EFL 3.48 ?3.88%). (CA:EFL 3.56, +0.21, +6.27%) , developer and manufacturer of proprietary Lithium Ion SuperPolymer(R) battery systems, today announced that it has been added to the Ardour Global Alternative Energy Index as one of four new components. The Ardour Global Alternative Energy Index serves as an impartial and transparent measure of the alternative energy sector performance and includes 134 of the most prominent pure play alternative energy stocks in the world.

“We are delighted that Electrovaya has been selected to join the Ardour Global Alternative Energy Index, and we look forward to the added visibility with alternative energy institutional investors that this index provides,” said Dr. Sankar Dasgupta, Electrovaya’s Chief Executive Officer and Founder.

The Ardour Global Alternative Energy Index is used as the industry benchmark by institutions and private investors around the world as and the index family serves as the basis for numerous investment products, including ETFs, UITs and structured products.

About Electrovaya

Electrovaya Inc. (CA:EFL 3.56, +0.21, +6.27%) designs, develops and manufactures proprietary Lithium Ion SuperPolymer(R) batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage & Smart Grid Power, consumer and healthcare markets. The Company’s unique production process does not use toxic solvents. The Company’s mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company’s mission is also to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is the energy storage solution for powering mobility and Utility Scale storage, please explore www.electrovaya.com .

Technorati Tags: alternative energy stocks, Ardour Global Alternative Energy Index, battery systems, chief executive officer, commercial reality, dasgupta, electric transportation, electric vehicle, Electrovaya Inc, Energy, energy index, energy storage systems, grid power, healthcare markets, hybrid electric vehicles, index family, industry benchmark, institutional investors, lithium ion, lithium ion battery, marketwire, Plug-in hybrid, private investors, sector performance, Technology, toxic solvents

http://www.lithium-stocks.net/1202/electrovaya-added-ardour-global-alternative-energy-index/

Posted by admin in Lithium Articles 700 comments TORONTO, ONTARIO, Jun 22, 2010 (MARKETWIRE via COMTEX) — Electrovaya Inc (EFL 3.48 ?3.88%). (CA:EFL 3.56, +0.21, +6.27%) , developer and manufacturer of proprietary Lithium Ion SuperPolymer(R) battery systems, today announced that it has been added to the Ardour Global Alternative Energy Index as one of four new components. The Ardour Global Alternative Energy Index serves as an impartial and transparent measure of the alternative energy sector performance and includes 134 of the most prominent pure play alternative energy stocks in the world.

“We are delighted that Electrovaya has been selected to join the Ardour Global Alternative Energy Index, and we look forward to the added visibility with alternative energy institutional investors that this index provides,” said Dr. Sankar Dasgupta, Electrovaya’s Chief Executive Officer and Founder.

The Ardour Global Alternative Energy Index is used as the industry benchmark by institutions and private investors around the world as and the index family serves as the basis for numerous investment products, including ETFs, UITs and structured products.

About Electrovaya

Electrovaya Inc. (CA:EFL 3.56, +0.21, +6.27%) designs, develops and manufactures proprietary Lithium Ion SuperPolymer(R) batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage & Smart Grid Power, consumer and healthcare markets. The Company’s unique production process does not use toxic solvents. The Company’s mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company’s mission is also to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is the energy storage solution for powering mobility and Utility Scale storage, please explore www.electrovaya.com .

Technorati Tags: alternative energy stocks, Ardour Global Alternative Energy Index, battery systems, chief executive officer, commercial reality, dasgupta, electric transportation, electric vehicle, Electrovaya Inc, Energy, energy index, energy storage systems, grid power, healthcare markets, hybrid electric vehicles, index family, industry benchmark, institutional investors, lithium ion, lithium ion battery, marketwire, Plug-in hybrid, private investors, sector performance, Technology, toxic solvents