Wind Stocks Show Impressive Percentage Gains
Point Roberts WA-October 07, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for October 6, 2011. Wind stocks were some of the notable percentage gainers within the sector.
Wind stock, Clean Wind Energy Tower Inc (OTC: CWET) was the top percentage biggest gainer, moving up 0.050 (38.46%) to $0.18. Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc, is designing and preparing to develop, and construct large “Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company recently announced a return of 120,000 shares back to treasury, reducing the number of shares outstanding and made a shift in business direction.
Wind stock, Catch the Wind Ltd. (TSX.V: CTW) jumped 0.025 (13.16%) to $0.215, bouncing back from its recent fall. The company announced today that it will hold a conference call to update investors on the progress of various aspects of the business and discuss future milestones on Tuesday, October 18, 2011 at 10:00 a.m. ET.
Another wind stock, Finavera Wind Energy (FNVRF.PK) gained 0.077 (18.08%) to close at $0.504 rebounding from its recent fall. Finavera Wind Energy Inc., a wind energy development company, focuses on the development, construction, and operation of wind farms in North America and Ireland. It has wind energy projects under development in British Columbia, Canada, and in Ireland.
Gamesa Corp. (GCTAF.PK) shares jumped over 0.070 (9.33%) on light volume. The company is based in Spain, and has 18% share of the global wind turbine market. Its net income grew by 48.8% for 2006, over the previous year.
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