CLNE Making Progress

Finally, a pretty big story for CLNE. I don't invest in CLNE; I'm not interested in the company as an investment opportunity one way or the other but I always like the maps.

SeekingAlpha has a nice update on this company and perhaps a "breakthrough" of sorts.

All along, the major catalyst and excitement over investing in Clean Energy was the CWI 12L engine that finally hit production in August. When announced in February 2012, the product was expected to commence production in early 2013. The engine originally hit limited production in April to allow for customer testing and isn't expected to reach full commercial run rate until year-end.

The ISX12 G engine is based on the Cummins ISX12 diesel engine platform and operates exclusively on natural gas (both CNG and LNG). The engine utilizes the proprietary spark-ignited, stoichiometric combustion with cooled exhaust gas recirculation technology. It is designed for regional-haul truck/tractor and has a displacement of 11.9 liters and up to 400 horsepower and 1,450 lb-ft torque.

Also at the linked article:

America's Natural Gas Highway station stats:

• 76 stations built
• 24 stations under construction
• 30 stations in the contracting and proposal process
• 200 to 300 stations needed in the future

As the company continues to point out, the key to opening a station is having 20 trucks using the station. The goal is to ultimately reach 100 trucks per station to quickly turn the payback period to one year.