WorldWater Corp. Announces Strategic Initiatives...(WWAT)

Roiled by Oil: How Stock Markets Spent Their Summer Vacation...(WWAT)

Press Release: Roiled by Oil: How Stock Markets Spent Their Summer Vacation

One of the main laments about this situation -- from consumers, the environmental movement, even from the petroleum producers themselves -- has involved our failure to develop alternative sources of energy, those sources that will not use themselves up so readily as non-renewable fossil fuel. But one company trying to address that need is solar pumping system maker WorldWater Corporation (OTC BB: WWAT), which, in the second quarter of 2004, reported a sales increase of 262% over the same quarter last year, driven by demand for its PV solar pumping system, not to mention a 70-fold jump in revenue. "AquaMax," as the PV system is called, can provide remote electric generation from solar panels that can drive pumps as large as 600hp, much more powerful than those powering conventional solar-powered pumps.

WorldWater, based in Pennington, New Jersey and which recently opened its Western headquarters near San Francisco, has operated since 1984, providing water and power solutions to developing nations. Its stock is currently in the middle to upper end of a 52-week range which peaked at 48 cents U.S. last April and bottomed out at nine cents last November. Its one-year return has topped 126%, as clean, alternative fuel sources are catching on.

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