Tens of thousands of homeowners across the country will be able to put photovoltaic solar electric panels on their homes at no cost, and use clean solar electric power for the same cost or less than they are paying their current utility to burn coal or other fossil fuels which now pollute our nest.

Reggie Rasmessen, an independent sales representative (an ‘ecopreneur’) promoting Citizenre, introduced this revolutionary concept to enthusiastic homeowners at a recent home show attended by Southern California Edison customers.

(This analysis was written for www.SolarJoules.com)As nanotechnology as a buzz word ebbs and flows so does this the price of UTEK (Nasdaq). Yet this company continually creates technologies that produce profits for large cap companies in the energy sector.

Read the latest news on UTEK Corp. below:

World Energy Solutions Acquires Hydrogen Safe Technologies, Inc. from UTEK Corporation

2:00a ET October 3, 2007 (Business Wire) UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), a technology transfer company focused on open innovation, and World Energy Solutions (OTCBB:WEGY), a company engaged in the business of energy conservation and environmental sustainability, are pleased to announce that World Energy Solutions, Inc. has acquired Hydrogen Safe Technologies, Inc., a wholly owned subsidiary of UTEK Corporation, in a stock transaction.

Hydrogen Safe Technologies, Inc. contains an exclusive, worldwide license to a hydrogen sensor technology developed by researchers at the University of South Florida. Originally funded by NASA, this unique sensor uses nanowires and nanoparticles as the sensing element. We believe that coating these devices with nanostructure materials may allow hydrogen detection in near real time.

“World Energy Solutions is enthusiastic about this technology and its potential to help expand our proprietary position in the energy conservation field,” said Benjamin Croxton, Chief Executive Officer at World Energy Solutions.

“UTEK is pleased to consummate this technology transfer with World Energy Solutions,” said Joel Edelson, Vice President of Technology Licensing at UTEK Corporation.

About World Energy Solutions, Inc.

World Energy Solutions, Inc. is an energy services company and electronics manufacturer. WES’s primary business focus is the development of technology for lowering electrical, gas and water usage for commercial, government and residential facilities. As a manufacturer of transient voltage surge suppressor systems, WES uses cutting-edge technologies and design standards to provide its customers with full lifetime warranties on its products. For more information about WES, please visit its website at www.wesinc.net.

About UTEK Corporation

UTEK(R) is a technology transfer company focused on open innovation. UTEK’s services enable companies to acquire externally developed technologies from universities and research laboratories worldwide. In addition, UTEK provides services to help companies create value from their intellectual property. UTEK is a business development company with operations in the United States, United Kingdom and Israel. For more information about UTEK, please visit its website at www.utekcorp.com.

Forward-Looking Statements

Certain matters discussed in this press release are “forward-looking statements.” These forward-looking statements can generally be identified as such because the context of the statement will include words, such as UTEK or World Energy Solutions “expects,” “should,” “believes,” “anticipates” or words of similar import. Similarly, statements that describe UTEK’s or World Energy Solutions future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UTEK or World Energy Solutions, as appropriate, and the valuation of UTEK’s investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UTEK and World Energy Solutions believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance that its expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and both UTEK and World Energy Solutions do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

UTEK’s operating results could fluctuate significantly due to a number of factors. These factors include the small number of transactions that are completed each quarter, the value of individual transactions, the timing of the recognition and the magnitude of unrealized gains and losses, UTEK’s dependence on the performance of companies in its portfolio, the possibility that advances in technology could render the technologies it has transferred obsolete, the loss of technology licenses by companies in its portfolio, the degree to which it encounters competition in its markets, the volatility of the stock market and the volatility of the valuations of the companies it has invested in as it relates to its realized and unrealized gains and losses, the concentration of investments in a small number of companies, as well as other general economic conditions. As a result of these and other factors, current results may not be indicative of UTEK’s future performance. For more information on UTEK and for a more complete discussion of the risks pertaining to an investment in UTEK, please refer to UTEK’s filings with the Securities and Exchange Commission.

SOURCE: UTEK Corporation

UTEK Corporation, Tampa Tania Bernier, 813-754-4330 x 223 (USA) or Bankside Consultants (UK) Steve Liebmann or Simon Bloomfield, + 44 (0) 20-7367-8883 or World Energy Solutions Benjamin Croxton, 727-525-5552

Oct. 19, 2007 by AskAME.com

(This article was written for our sister site www.SolarJoules.com)

High flying Cypress Semiconductor has been outperforming both the semiconductor sector and the S&P 500 all year. CY has been achieving successive new highs while other stocks in the chip making sector have been flat lining.

We sought the source of the market imbalance and found that the cause is a solar panel chip maker, publicly traded, which Cypress holds a major stake in. Furthermore that little solar company reported earnings yesterday and is up over 250% from last years 3rd quarter report.

Here are the Fidelity & Charles Schwab (exactly the same) description of CY, “Cypress Semiconductor Corporation (CY) provides silicon-based products andsolutions. It offers programmablesystem-on-chip (PSoC) products, universal
serial bus (USB) controllers, wirelessUSB, programmable clocks, and RoboClock family of clock buffers, as well as programmable-radio-on-a-chips.”

A quick search in TDAmeritrade shed some light on this stock’s more direct solar connection, “Cypress Semiconductor Corporation (Cypress) delivers mixed-signal, programmable solutions. The Company’s offerings include the programmable system-on-chip products, universal serial bus controllers, general-purpose programmable clocks and memories. It also offers wired and wireless connectivity solutions. It serves numerous markets, including consumer, computation, data communications, industrial and, through its subsidiary SunPower Corporation (SunPower), solar power. It operates in five business segments: Consumer and Computation Division, Data Communications Division, Memory and Imaging Division, SunPower and Other. During the fiscal year ended January 1, 2006 (fiscal 2005), it acquired SMaL Camera Technologies, Inc. and also acquired Cypress MicroSystems. In March 2007, it completed the sale of its Silicon Valley Technology Center, to Oak Hill Capital Partners and Tallwood Venture Capital. During fiscal 2007, SunPower completed the acquisition of PowerLight Corporation.”

Aside from the obvious silicon chip manufacturing angle (photovoltaic solar panels are made of specialized silicon chips) Cypress has been ahead of the curve on solar energy by purchasing or spinning off SunPower Corporation (Nasdaq: SPWR).

SunPower Corporation engages in the design, development, manufacture, and
marketing of solar electric power products primarily in the United States, Germany,and Asia.

This little gem released their quarterly report Oct. 18th, 2007. Here are the highlights:

* Q3 2007 revenue of $234.3 million, up 258.6 percent year on year – 466-megawatt solar cell Fab 2 dedicated and production ramping on first two lines
* Achieved 20.1 percent efficiency world record for mass produced solar panel
* $24.7 million, three-year Solar American Initiative agreement signed with U.S. Department of Energy
* Dedication of first of 28 Macy’s solar electric systems in California – 18-megawatt Olivenza Spanish solar power plant order booked in October

Todays pullback in the markets provides a buying opportunity for both stocks. CY and SPWR are were both trading at 52 week highs yesterday. I suspect the solar connection is what has propelled CY above other semiconductor makers catagorized along with it. This incorrect analogy creates an informational imbalance that suggests Cypress will continue to be a low risk high reward stock pick.

SPWR certainly represents a higher risk with a much lower capitalization than its parent company, however it has proven itself to be a highly profitable company with tremendous upside should the cost of traditional sources of energy remain high or continue to climb.

Semiconductor makers as a group have moved sideways over the same period of Cypress Semiconductors meteoric rise.

Note below how the Cypress Semiconductor price has climbed…

…virtually in tandem with its subsidiary Sun Power (which went public in late 2005).

Click To Enlarge Chart.

“Reports of my death have been greatly exagerated.”

“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”

“If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; and may posterity forget that ye were our countrymen.”

“First of all, let me assert my firm belief that the only thing we have to fear is fear itself – nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. ”

“Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.”

“Most people are on the world, not in it; have no conscious sympathy or relationship to anything about them, undiffused, separate, and rigidly alone like marbles of polished stone, touching but separate.”

“Why should man value himself as more than a small part of the one great unit of creation? And what creature of all that the Lord has taken the pains to make is not essential to the completeness of that unit – the cosmos? The universe would be incomplete without man; but it would also be incomplete without the smallest transmicroscopic creature that dwells beyond our conceitful eyes and knowledge.”

“This grand show is eternal. It is always sunrise somewhere; the dew is never all dried at once; a shower is forever falling; vapor ever rising. Eternal sunrise, eternal sunset, eternal dawn and gloaming, on seas and continents and islands, each in its turn, as the round earth rolls.”

“In every walk with nature one receives far more than he seeks.”

“When we try to pick out anything by itself, we find it hitched to everything else in the universe.”

Citizenre offers a zero cost solution for homeowners who would like to use solar energy but can’t afford the high cost of buying and/or financing photovoltaic solar electric panels. To get on the waiting list CLICK HERE.

“To dare is to lose one’s footing momentarily. To not dare is to lose oneself.”

“We do not believe in ourselves until someone reveals that deep inside us is valuable, worth listening to, worthy of our trust, sacred to our touch. Once we believe in ourselves we can risk curiosity, wonder, spontaneous delight or any experience that reveals the human spirit.”