Boston, MA 03/05/2014 (wallstreetpr) – ZBB Energy Corporation (NYSEMKT:ZBB) is a player in the alternative energy industry. And as the industry continues to be a source of good news, thanks to the surge in the need for cleaner and more efficient power and energy storage solutions, stocks in this industry are fast getting excited.
It is not that ZBB Energy Corporation (NYSEMKT:ZBB) generates alternative energy from say solar, wind or ocean waves. The company’s concern is making of batteries that are used as energy storage solutions. In that case, it serves consumers ranging from utilities companies in need of smart-grid equipment and solutions and residential customers desiring to backup their energy from wind or solar power systems.
The company is mostly grouped alongside the likes of Ballard Power Systems Inc. (NASDAQ:BLDP) and FuelCell Energy Inc. (NASDAQ:FCEL). These stocks have particularly been in excitement mode as big contracts coming to peers validate the fact that their days in inking such lucrative deals are numbered.
Excitement in alternative energy
Plug Power Inc (NASDAQ:PLUG) has been an eye-opener for would-be investors in alternative energy industry. The company’s contract to supply fuel cell systems to Wal-Mart Stores Inc (NYSE:WMT) for about six of its sites, has been the talking point of the industry.
The reason alternative energy solutions companies like ZBB Energy Corporation (NYSEMKT:ZBB) are getting fired up in their stocks is that there are huge opportunities in the industry. Electric vehicles manufacturers such as Tesla Motors Inc (NASDAQ:TSLA) that use lithium batteries to power their products are among the companies that are driving up the optimism in the alternative energy and storage solutions market.
Even more companies continue to understand the benefit of fuel cell solutions to run their equipment such as forklift trucks and so on. Thus, there are greater opportunities ahead for ZBB Energy Corporation (NYSEMKT:ZBB) and its peers.
Investor Takeaway
ZBB Energy Corporation (NYSEMKT:ZBB) is obviously not as prolific are its peers Ballard Power Systems Inc. (NASDAQ:BLDP) and FuelCell Energy Inc. (NASDAQ:FCEL). In fact, it is picking up from a disadvantaged position after it deflated much of its value accumulated last April. Yet, the stock has come a long way – from the bottom of $0.40 per share as of late November to now around $1.63 per share. And looking at the prospects in its industry, there is no better way to say that there is greater room for growth. So then, would-be investors can take notice and act when the entry point is till hugely discounted.
