DALLAS, Aug. 18, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring ECOtality Inc. (OTCBB:ETLY). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on ECOtality Inc. (OTCBB:ETLY) should be of particular interest to alternative energies companies: Plug Power Inc. (Nasdaq:PLUG), Arotech Corp. (Nasdaq:ARTX), Ballard Power Systems Inc. (Nasdaq:BLDP) and Avista Corp. (NYSE:AVA).
It is available at: http://www.beaconequity.com/i/ETLY
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ECOtality Inc. (ETLY) is engaged in innovation, acquisitions and strategic partnership within the clean electric transportation and storage technologies industry. The Company's goal is to advance electric technologies and provide products used in on-road grid-connected vehicles, including hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).
In the report, the analyst notes:
"The market for on-road grid connected vehicle infrastructure is driven by government-sponsored programs, grants and other publicly funded schemes. Participants of a recent two-study conducted by the Electric Power Research Institute (EPRI) discussed the varied issues involving the deployment of an electric vehicle infrastructure. The conclusions drawn include the complete cooperation of the automobile industry, utilities and suppliers of EV technology to provide viable solutions to the high costs and difficult access to the new grid.
"On August 5, ETLY announced that its subsidiary, Electric Transportation Engineering Corp. (eTec), was awarded a grant of approximately $100 million by the Department of Energy (DOE) for the deployment of a charging infrastructure and electric vehicles (EVs)."
To read the entire report visit: http://www.beaconequity.com/i/ETLY
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