The need to cut usage of fossil fuels, so-call “brown energy,” is not exactly a new concept. Over the last three decades, U.S. governments have spent roughly $40 billion promoting the use of alternative energies.  Today, the “green revolution” is beginning to hit its stride through not only a global social consciousness, but also through a more legislative approach as well.  The nascent mandates will have people and businesses not only be operating in a more environmentally-friendly fashion because they want to, but because they have to as a result of a political boom towards green energy.

Companies are lining-up to take advantage of present and upcoming government mandates, including ecoTECH Energy Group, Inc. (OTCBB:ECTH), a up-and-coming renewable energy company planning on capitalizing on its earth-friendly technologies.  ecoTECH specializes in the manufacturing and supplying of thermal electricity from “zero carbon footprint” power stations.  While many use the term “developmental” to describe ecoTECH, that is actually a loose usage of the word as the Company’s technology has been being developed and refined for over thirty years and is now ready to be fully implemented.  As the latest Green Baron Report notes,


“ecoTECH’s CHP (Combined Heat and Power) Bio-Energy division is poised to take advantage of the growing demand and infrastructure for renewable energy sources.  In the US, the Climate Bill currently being pushed would create a Renewable Energy Standard (“RES”) that would require large utilities in each state to produce and increasing percentage of their electricity from renewable sources.”

Goldman Small Cap Research, a research firm headed by former Piper Jaffray analyst and mutual fund manager Rob Goldman, has recently initiated coverage on ecoTECH tagging the Company a “Speculative Buy” rating and a $1.25 six-month price target.  Shares closed on Friday at 36 cents each.

A well-diversified company, ecoTECH has multiple channels to drive revenue through its proprietary green technologies in addition to its biomass-fueled power stations.  ecoTECH manufactures a Garbage-to-Concrete (Gar-Crete) system which converts trash into reusable concrete for industrial products such as culverts, pipes and barriers.  Moreover, the Company intends to produce torrefied briquettes for market in Europe and North America to meet the demand of coal-fired power plants seeking low-carbon fuels.  The ecoTECH biomass pellets top emission standards, are comparable in price to coal and actually provide revenue to users as a result of carbon credits.

It is easy to see why ecoTECH is quickly garnering attention as its business model is coming to production and now starting to generate significant revenue.  Late in September, the Company disclosed the signing of a $36 million contract for its Gar-Crete processing systems to Hospital Medical Express of Ecuador.  Helping to boost its bank account, the contract comes with an initial $6 million deposit with additional payments to come upon delivery of systems.

The $36 million contract alone represents more than half of the ECTH market cap.  With active negotiations being reported by ecoTECH for three bio-mass power stations, the potential for another large contract is looming in the near-term which could send the market cap sailing rapidly upward.  In an industry estimated to reach $250 billion by the year 2017, ecoTECH appears poised for exponential growth in short order.

ecoTECH Energy Group (ECTH) Stock Quote and News:

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