Blue Sphere Corp (BLSP)
OTC PINK OTC PINK Primary Summary
Blue Sphere (OTCMKTS:BLSP) Shares Cross Above Fifty Day Moving Average – What’s Next?
Blue Sphere Corporation (OTCMKTS:BLSP - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $0.00 and traded as high as $0.0001. Blue Sphere shares last traded at $0.0001, with a volume of 608,000 shares. Blue Sphere Price Performance About Blue Sphere
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Blue Sphere Corp Profile
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Shlomi Palas CEO | OTC PINK Exchange | 09605C301 CUSIP |
| US Country | 11 Employees | - Last Dividend | 24 Mar 2017 Last Split | - IPO Date |
Overview
Blue Sphere Corporation is engaged in the clean energy sector, acting as a developer and independent power producer primarily focused on waste to energy markets. The company spearheads projects involved with the acquisition, construction, and development of biogas facilities across various geographic locations, including the United States, Italy, the Netherlands, the United Kingdom, and Israel. Initially founded as Jin Jie Corp. in 2007, it underwent a name change to Blue Sphere Corporation in February 2010, indicating a strategic pivot or rebranding in its operational focus. With its headquarters located in Charlotte, North Carolina, Blue Sphere stands at the forefront of leveraging biowaste to produce clean energy, emphasizing sustainable and environmentally-friendly practices.
Products and Services
- Biogas Facilities Development
Blue Sphere Corporation specializes in developing biogas facilities that transform organic waste into clean energy, thereby converting potential environmental liabilities into valuable resources. This service underscores the company's commitment to sustainability and environmental preservation by tapping into renewable energy sources.
- Independent Power Production
As an independent power producer, Blue Sphere takes on the operational role of generating energy, specifically through biogas, for commercial sale. This facet of their business model not only contributes to the diversification of energy sources but also supports the global transition towards more renewable forms of energy production.
- Soil Amendments and Compost Production
Beyond energy production, Blue Sphere is involved in the creation of soil amendments and compost as by-products of their biogas facilities. These products are essential for enhancing soil health and fertility, offering a sustainable alternative for chemical fertilizers and contributing to the circular economy within the agriculture sector.
