ZBB Energy (ZBB) Continues Surge Upwards

NEW YORK (TheStreet) -- Battery and backup power supplier ZBB Energy Corporation (ZBB) is surging on a continued rally in the alternative fuel cell sector.

By midafternoon, shares had spiked 17.4% to $2.56. Trading volume of 4.6 million was more than five times its three-month daily average.

The clean fuel industry has been soaring in recent weeks after Plug Power (PLUG), one of the largest alternative fuel developers by market cap, announced it had been awarded a contract with Wal-Mart (WMT) to supply more than 1,700 cells at six North American distribution centers.

On Monday, Plug Power climbed 23.2% to $10.18. Fellow fuel cell makers FuelCell Energy (FCEL) and Ballard Power Systems (BLDP) jumped 10.6% and 29.4%, respectively.

ZBB Chart ZBB data by YCharts

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