Point Roberts, WA - November 17, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research, releases a trading and news alert for small and large cap wind stocks, Juhl Wind Inc. (OTCBB: JUHL), China Ming Yang Wind Power Group (NYSE: MY), Catch the Wind Ltd. (TSX-V: CTW.V) and American Superconductor (NasdaqGS: AMSC).
OTCBB: JUHL) Reports Third Quarter 2011 Financial Results, Revenue Up 276%
Nine Months Revenue Increases over 245% from 2010, Company Holds Over $6 Million in Cash
Juhl, the Leader in Community Wind Power, reported Tuesday its results for the third quarter of 2011. Revenue for the third quarter 2011 was $3,259,000 compared to $867,000 in the third quarter of 2010, or an increase of 276%. In addition, for the nine months ended September 30, 2011 , the Company posted a record $10.9 million in revenue and $2.4 million in net income. Juhl Wind also reported continued growth in its cash position due to development fees, ending the first nine months of 2011 with approximately $6 million in cash.
Juhl Wind's stock closed up 5% at $0.63 in Wednesday's trading session following Tuesday's news.
American Superconductor (NasdaqGS: AMSC) was featured in commentary today, "5 Small Stocks With Home-Run Potential "at TheStreet. The stock is trading at $4.28, up 0.24 (5.94%) 12:15PM EST.
China Ming Yang Wind Power Group (NYSE: MY ), a leading wind turbine manufacturer in China , today announced that it has signed a strategic cooperation agreement with Guangdong Yudean Group Co., Ltd. ("Yudean") to foster off-shore wind power development in Guangdong province and to localize the production of multi-megawatt wind turbine generators ("WTG"). Yudean is the largest power generation company in Guangdong province.
According to the strategic cooperation agreement, Ming Yang will supply its 3MW, 5MW and 6MW Super Compact Drive ("SCD") WTGs to Yudean's off-shore wind power technology demonstration project in Xuwen, Zhanjiang. The demonstration project is expected to have a total power output of 200MW, and is located on the eastern coastal areas of Xinliao Island, Xuwen, Zhanjiang. Testing and evaluation for the off-shore wind resources and site selection have already been conducted.
Catch the Wind Ltd. (TSX-V: CTW.V), providers of laser-based wind sensor products and technology, announced yesterday that it will hold a conference call to discuss its third quarter results for 2011 on Tuesday, November 29, 2011 at 10:00 a.m. ET. In compliance with disclosure requirements for TSX Venture Exchange issuers, the Company will report its financial results on November 28, 2011 after market close. The stock is trading up 24% today on light volume.
About Investorideas.com a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Investors - sign up for free green stocks trading alerts and news
Follow Renewable Energy Stocks on Facebook.com
Disclaimer/ Disclosure : Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and its management and is not the opinion of Investorideas.com.
Disclosure : Investorideas.com was compensated fifteen hundred dollars for the dissemination and publishing of this news online and via email by third party IR firm
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Investorideas.com is not compensated by BCOn
For more information about Investorideas.com contact: