Suncor Energy Receives Regulatory Approval to Develop Wintering Hills Wind Power Project
CALGARY, ALBERTA--(Investorideas.com green news - June 7, 2010) - Suncor Energy Products Inc. today announced it has received regulatory approval from the Alberta Utilities Commission (AUC) to proceed with the development of its Wintering Hills Wind Power Project. The proposed 88 megawatt (MW) project, located approximately 125 kilometres (km) northeast of Calgary and 21 km southeast of Drumheller, Alberta, will consist of up to 55 1.6 MW turbines located on approximately 16,000 acres of privately-owned land.
"Today's announcement is a significant milestone that brings us one step closer towards the development of Suncor's largest operated wind project to date," said Jay Thornton, executive vice president, Energy Supply, Trading & Development. "The Wintering Hills project not only complements Suncor's commitment to sustainable energy development, but also represents a key asset in the company's growing renewables portfolio."
At peak operation, the Wintering Hills project is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.
Suncor Energy is a Canadian pioneer in wind power with joint ownership of four wind farms in operation and other projects in the planning stages. The existing four farms have a combined generating capacity of 147 MW and reduce carbon dioxide emissions by approximately 284,000 tonnes each year.
This news release contains forward-looking statements identified by the words "expected", "will", "planned" and similar expressions that address expectations or projections about the future. Forward-looking statements are based on Suncor's current goals, expectations, estimates, projections and assumptions made in light of its experiences and the risks, uncertainties and other factors related to its business. Uncertainties in the estimate process and impact of future events may cause actual results to differ, in some cases materially, from our estimates. Readers are cautioned that actual results could differ materially from those expressed or implied as a result of changes to Suncor's plans and the impact of events, risks and uncertainties discussed in Suncor's current annual information form/form 40-F, annual and quarterly reports to shareholders and other documents filed with Canadian securities commissions at www.sedar.com and the United States Securities and Exchange Commission (SEC) at www.sec.gov.
Suncor Energy Products Inc. is a wholly owned subsidiary of Suncor Energy Inc. Suncor Energy Inc. is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.
For more information, please contact
Suncor Energy Inc.
Media inquiries:
403-920-8332
www.suncor.com
____________________________________________________________
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Showing posts with label wind stocks. Show all posts
Showing posts with label wind stocks. Show all posts
Monday, June 07, 2010
Friday, February 05, 2010
Western Wind Energy (TSX.V:WND) named as part of 2010 TSX Venture 50
News and Stories Published at Clean Energy Stocks Blog.
Western Wind Energy (TSX.V:WND) named as part of 2010 TSX Venture 50
VANCOUVER, Feb. 5 ( Investorideas.com) -- The TSX Venture Exchange today announced that WESTERN WIND ENERGY CORP. (TSX.V:WND) has been named as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange. TSX Venture 50 is comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.
It is an honour to be named as part of this year's TSX Venture 50," said Jeffrey Ciachurski. "Our listing on the TSX Venture Exchange has provided us with the ideal environment to meet our growth goals and objectives."
The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalization growth in Cleantech, Diversified Industries, Mining, Oil & Gas and Technology and Life Sciences sectors.
"We are pleased to celebrate the 2010 TSX Venture 50," said John McCoach, President, TSX Venture Exchange. "These outstanding companies are proven leaders in their respective sectors and we are proud to have them listed on TSX Venture Exchange. We wish them all continued success."
About Western Wind Energy Corp.
Western Wind is a vertically integrated renewable energy electrical production company that currently owns over 500 wind turbines with 34.5 MW of rated capacity and a further 131MW of expansion power purchase agreements in the States of California and Arizona. Western Wind further owns additional development assets for both Solar and Wind Energy in California, Arizona, Ontario, Canada and a development team in the Commonwealth of Puerto Rico. Western Wind is in the business of owning and acquiring land sites and technology for the production of electricity from wind and solar energy. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS "SIGNED" Jeffrey J. Ciachurski Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this press release constitute "forward-looking statements" under applicable securities laws, which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "intends", "projects", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. Such statements in this news release include, but are not limited to, the Company's intended use of proceeds from the Offering. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Such factors include, but are not limited to, the Company's ability to profitably utilize the lands as planned and the other factors discussed in the Company's annual report and annual information contained in the Company's 20F Annual Report filed with the United States Securities and Exchange Commission and securities regulators in Canada. Forward-looking statements are based on current expectations and the Company assumes no obligation to update such information to reflect later events or developments, except as required by law.
Western Wind Energy
CONTACT: WESTERN WIND ENERGY CORP., 1326 - 885 WEST GEORGIA STREET,VANCOUVER, BC, V6C 3E8, TELEPHONE: (604) 685-WIND (9463), FACSIMILE: (604)685-9441, http://www.westernwindenergy.com/
__________________
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Western Wind Energy (TSX.V:WND) named as part of 2010 TSX Venture 50
VANCOUVER, Feb. 5 ( Investorideas.com) -- The TSX Venture Exchange today announced that WESTERN WIND ENERGY CORP. (TSX.V:WND) has been named as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange. TSX Venture 50 is comprised of 10 emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.
It is an honour to be named as part of this year's TSX Venture 50," said Jeffrey Ciachurski. "Our listing on the TSX Venture Exchange has provided us with the ideal environment to meet our growth goals and objectives."
The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalization growth in Cleantech, Diversified Industries, Mining, Oil & Gas and Technology and Life Sciences sectors.
"We are pleased to celebrate the 2010 TSX Venture 50," said John McCoach, President, TSX Venture Exchange. "These outstanding companies are proven leaders in their respective sectors and we are proud to have them listed on TSX Venture Exchange. We wish them all continued success."
About Western Wind Energy Corp.
Western Wind is a vertically integrated renewable energy electrical production company that currently owns over 500 wind turbines with 34.5 MW of rated capacity and a further 131MW of expansion power purchase agreements in the States of California and Arizona. Western Wind further owns additional development assets for both Solar and Wind Energy in California, Arizona, Ontario, Canada and a development team in the Commonwealth of Puerto Rico. Western Wind is in the business of owning and acquiring land sites and technology for the production of electricity from wind and solar energy. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS "SIGNED" Jeffrey J. Ciachurski Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this press release constitute "forward-looking statements" under applicable securities laws, which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "intends", "projects", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. Such statements in this news release include, but are not limited to, the Company's intended use of proceeds from the Offering. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Such factors include, but are not limited to, the Company's ability to profitably utilize the lands as planned and the other factors discussed in the Company's annual report and annual information contained in the Company's 20F Annual Report filed with the United States Securities and Exchange Commission and securities regulators in Canada. Forward-looking statements are based on current expectations and the Company assumes no obligation to update such information to reflect later events or developments, except as required by law.
Western Wind Energy
CONTACT: WESTERN WIND ENERGY CORP., 1326 - 885 WEST GEORGIA STREET,VANCOUVER, BC, V6C 3E8, TELEPHONE: (604) 685-WIND (9463), FACSIMILE: (604)685-9441, http://www.westernwindenergy.com/
__________________
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
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Tuesday, January 12, 2010
Green Investor News - China Selects GE (NYSE: GE) Technology Again to Support Rapid Growth in Wind Energy Sector
Green Investor News - China Selects GE (NYSE: GE) Technology Again to Support Rapid Growth in Wind Energy Sector
Three Projects with HECIC New Energy will Add 132 MW to China’s Renewable Energy Capacity
SCHENECTADY, N.Y.----GE (NYSE: GE) announced today that it has signed contracts to supply 88 wind turbines to HECIC New Energy Co., Ltd, one of China’s leading wind energy developers, for three new projects in Hebei and Shanxi Provinces. The projects will support the rapid growth of wind energy investments in China, which today is the world’s fourth largest producer of wind power.
“As a corporate citizen of China, our strategy is to apply the most advanced and reliable technology and technological expertise for every project that will help China reach its goal of achieving clean energy.”.China’s plan to add 150 gigawatts of installed wind power capacity by 2020 would require it to install approximately 11.5 gigawatts of installed wind power capacity per year from 2009-2020.
The new wind farms will add 132 megawatts of installed wind power capacity for China, which currently ranks fourth, behind only the United States, Germany and Spain in wind power production. According to the Global Wind Energy Council, China continued its rapid growth in wind energy in 2008 by doubling its installed capacity to 12.2 gigawatts.
To date GE has committed to supply 895 units of 1.5-MW wind turbines to China, in support of the country’s aggressive renewable energy program. China is aiming to increase power generation from renewable sources to 15 percent of the nation’s total by 2020. To achieve this, China will need to strengthen development on solar, wind and biomass energy.
“The development of wind power is a key economic growth area for China and plays a critical role in achieving our national target to increase to 150 gigawatts of installed wind energy capacity by 2020,” said Dr. Cao Xin, General Manager of HECIC New Energy Co., Ltd. “As a corporate citizen of China, our strategy is to apply the most advanced and reliable technology and technological expertise for every project that will help China reach its goal of achieving clean energy.”
“China is rapidly emerging as one of the world’s largest markets for wind power technology,” said Victor Abate, Vice President-Renewables for GE Power & Water. “We are committed to helping our Chinese customers develop the country’s vast potential for clean, wind-generated power, which will enable China to meet both its growing energy and environmental responsibilities.”
GE’s 1.5-megawatt wind turbine is the most reliable and widely deployed wind turbine in the global wind industry today. More than 12,000 of these machines have been installed for projects worldwide. In 2008, HECIC New Energy Co., Ltd purchased 66 of the machines for projects for which commissioning has been completed. The wind turbines for the HECIC New Energy projects will be equipped with Low Voltage Ride-Through and Wind Farm Management Systems, which are advanced and grid- friendly connection technologies, enhancing reliability and stability of the wind turbine.
GE’s support of China’s wind industry is just one part of the company’s total commitment to the country. GE started doing business in China as early as 1906 and currently runs 36 wholly owned or joint venture companies in China ranging from manufacturing, service, research and development, financial services and sourcing, with a total workforce of over 13,000.
About GE
GE is a diversified global infrastructure, finance and media company that's built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With 60,000 global employees and 2008 revenues of $38.6 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy – GE Power & Water, GE Energy Services and GE Oil & Gas – work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
For more information, visit the company’s Web site at www.ge.com. GE is imagination at work.
About HECIC New Energy
HECIC New Energy Co., Ltd. (HECIC NEW ENERGY) was established in 2006 as a wholly owned subsidiary of Hebei Construction & Investment Group Co., Ltd (HECIC).
HECIC NEW ENERGY is a professional company engaged in new energy undertakings. By adopting advanced technology and equipments as well as scientific management methods, it develops and utilizes wind, solar and nuclear energy, supplies clean electric power, adjusts industrial structure to maintain the healthy and sustainable development of the national economy and create social and economic benefits.
________________________________
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit the Renewable energy stocks directory - the largest online green stock directory for investors.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Three Projects with HECIC New Energy will Add 132 MW to China’s Renewable Energy Capacity
SCHENECTADY, N.Y.----GE (NYSE: GE) announced today that it has signed contracts to supply 88 wind turbines to HECIC New Energy Co., Ltd, one of China’s leading wind energy developers, for three new projects in Hebei and Shanxi Provinces. The projects will support the rapid growth of wind energy investments in China, which today is the world’s fourth largest producer of wind power.
“As a corporate citizen of China, our strategy is to apply the most advanced and reliable technology and technological expertise for every project that will help China reach its goal of achieving clean energy.”.China’s plan to add 150 gigawatts of installed wind power capacity by 2020 would require it to install approximately 11.5 gigawatts of installed wind power capacity per year from 2009-2020.
The new wind farms will add 132 megawatts of installed wind power capacity for China, which currently ranks fourth, behind only the United States, Germany and Spain in wind power production. According to the Global Wind Energy Council, China continued its rapid growth in wind energy in 2008 by doubling its installed capacity to 12.2 gigawatts.
To date GE has committed to supply 895 units of 1.5-MW wind turbines to China, in support of the country’s aggressive renewable energy program. China is aiming to increase power generation from renewable sources to 15 percent of the nation’s total by 2020. To achieve this, China will need to strengthen development on solar, wind and biomass energy.
“The development of wind power is a key economic growth area for China and plays a critical role in achieving our national target to increase to 150 gigawatts of installed wind energy capacity by 2020,” said Dr. Cao Xin, General Manager of HECIC New Energy Co., Ltd. “As a corporate citizen of China, our strategy is to apply the most advanced and reliable technology and technological expertise for every project that will help China reach its goal of achieving clean energy.”
“China is rapidly emerging as one of the world’s largest markets for wind power technology,” said Victor Abate, Vice President-Renewables for GE Power & Water. “We are committed to helping our Chinese customers develop the country’s vast potential for clean, wind-generated power, which will enable China to meet both its growing energy and environmental responsibilities.”
GE’s 1.5-megawatt wind turbine is the most reliable and widely deployed wind turbine in the global wind industry today. More than 12,000 of these machines have been installed for projects worldwide. In 2008, HECIC New Energy Co., Ltd purchased 66 of the machines for projects for which commissioning has been completed. The wind turbines for the HECIC New Energy projects will be equipped with Low Voltage Ride-Through and Wind Farm Management Systems, which are advanced and grid- friendly connection technologies, enhancing reliability and stability of the wind turbine.
GE’s support of China’s wind industry is just one part of the company’s total commitment to the country. GE started doing business in China as early as 1906 and currently runs 36 wholly owned or joint venture companies in China ranging from manufacturing, service, research and development, financial services and sourcing, with a total workforce of over 13,000.
About GE
GE is a diversified global infrastructure, finance and media company that's built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With 60,000 global employees and 2008 revenues of $38.6 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy – GE Power & Water, GE Energy Services and GE Oil & Gas – work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.
For more information, visit the company’s Web site at www.ge.com. GE is imagination at work.
About HECIC New Energy
HECIC New Energy Co., Ltd. (HECIC NEW ENERGY) was established in 2006 as a wholly owned subsidiary of Hebei Construction & Investment Group Co., Ltd (HECIC).
HECIC NEW ENERGY is a professional company engaged in new energy undertakings. By adopting advanced technology and equipments as well as scientific management methods, it develops and utilizes wind, solar and nuclear energy, supplies clean electric power, adjusts industrial structure to maintain the healthy and sustainable development of the national economy and create social and economic benefits.
________________________________
News & Stories Published at Clean Energy Stocks Blog.
Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
The complete renewable energy stocks directory features stocks listed on the TSX, OTC, NASDAQ, NYSE, AMEX, ASX, AIM markets and other leading exchanges. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks.
Visit the Renewable energy stocks directory - the largest online green stock directory for investors.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Tuesday, May 26, 2009
Canadian Hydro Acquires Windrise Prospect From EarthFirst Canada Inc.
Canadian Hydro Acquires Windrise Prospect From EarthFirst Canada Inc.
CALGARY, ALBERTA--- May 26, 2009 - Canada's largest and most diversified renewable energy company, Canadian Hydro Developers, Inc. (TSX:KHD), confirmed today the purchase of the Windrise Prospect (Windrise) from EarthFirst Canada Inc. for $250,000.
"The acquisition of Windrise is a strategic addition to our diverse portfolio of wind, run-of-river hydro and biomass development," says Kent Brown, Executive Vice President & Chief Financial Officer. "It complements our vision to be the premier independent builder, owner and operator of renewable energy projects."
The site is located amongst a cluster of existing Canadian Hydro operations in southern Alberta, directly adjacent to the Company's Soderglen EcoPower® Centre near Fort Macleod, Alberta, where the Company has been working on the development of the 50 MW (25 MW net to Canadian Hydro's interest) Soderglen Expansion Wind Prospect. If built, Windrise represents a minimum capacity generation of 99 MW, enough to power nearly 100,000 homes.
"The geographic area is a consistently proven and excellent wind resource, so we fully intend to pursue developing this site," says Brown. "We have option agreements with the landowners in place."
Development of the site is dependent on a proposed 240 kV interconnection to the Alberta grid, which is expected to be in place in 2010. Canadian Hydro is continuing to gather data and work through the permitting process to prepare its application for provincial regulators.
About Canadian Hydro
Canadian Hydro Developers, Inc. is committed to Building a Sustainable Future®. The Company is the largest and most diversified developer, owner, and operator of 20 renewable energy generation facilities in Canada totaling net 496 MW of capacity in operation, 383 MW in and nearing construction, and 1,525 MW in development. The renewable generation portfolio is diversified across three technologies (water, wind, and biomass) in the provinces of Alberta, British Columbia, Ontario, and Quebec. This portfolio is unique in Canada as all facilities are certified, or slated for certification, under Environment Canada's EcoLogo(M) Program.
Common shares outstanding: 143,661,223
Advisory Respecting Forward-Looking Statements:
This media advisory contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "confident", "might" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this news release contains forward-looking information and statements pertaining to other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release.
The forward-looking information and statements contained in this news release reflect several material factors, expectations and assumptions including without limitation: (i) commodity prices, foreign currency exchange rates and interest rates; (ii) supply and demand for electricity; (iii) schedules and timing of certain projects and the Company's strategy for growth; (iv) the Company's future operating and financial results; (v) treatments under governmental regulatory regimes and tax, environmental and other laws; and (vi) the timing of the delivery of power generation assets under construction contracts.
The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated and described in the forward-looking statements. Such information and statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information or statements. The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking information and statements contained in this news release speak only as of the date of this news release, and the Company assumes no obligation to publicly update or revised them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.
The Toronto Stock Exchange has neither reviewed nor approved this news release.
For more information, please contact
Canadian Hydro Developers, Inc. - Media RelationsLindsey MoenCommunications Coordinator(403) 802-2099 or Cell: (403) 510-4631
or
Canadian Hydro Developers, Inc. - Investor RelationsKathy BoutinVice President, Finance(403) 298-0256Email: KBoutin@canhydro.c
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
CALGARY, ALBERTA--- May 26, 2009 - Canada's largest and most diversified renewable energy company, Canadian Hydro Developers, Inc. (TSX:KHD), confirmed today the purchase of the Windrise Prospect (Windrise) from EarthFirst Canada Inc. for $250,000.
"The acquisition of Windrise is a strategic addition to our diverse portfolio of wind, run-of-river hydro and biomass development," says Kent Brown, Executive Vice President & Chief Financial Officer. "It complements our vision to be the premier independent builder, owner and operator of renewable energy projects."
The site is located amongst a cluster of existing Canadian Hydro operations in southern Alberta, directly adjacent to the Company's Soderglen EcoPower® Centre near Fort Macleod, Alberta, where the Company has been working on the development of the 50 MW (25 MW net to Canadian Hydro's interest) Soderglen Expansion Wind Prospect. If built, Windrise represents a minimum capacity generation of 99 MW, enough to power nearly 100,000 homes.
"The geographic area is a consistently proven and excellent wind resource, so we fully intend to pursue developing this site," says Brown. "We have option agreements with the landowners in place."
Development of the site is dependent on a proposed 240 kV interconnection to the Alberta grid, which is expected to be in place in 2010. Canadian Hydro is continuing to gather data and work through the permitting process to prepare its application for provincial regulators.
About Canadian Hydro
Canadian Hydro Developers, Inc. is committed to Building a Sustainable Future®. The Company is the largest and most diversified developer, owner, and operator of 20 renewable energy generation facilities in Canada totaling net 496 MW of capacity in operation, 383 MW in and nearing construction, and 1,525 MW in development. The renewable generation portfolio is diversified across three technologies (water, wind, and biomass) in the provinces of Alberta, British Columbia, Ontario, and Quebec. This portfolio is unique in Canada as all facilities are certified, or slated for certification, under Environment Canada's EcoLogo(M) Program.
Common shares outstanding: 143,661,223
Advisory Respecting Forward-Looking Statements:
This media advisory contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "confident", "might" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this news release contains forward-looking information and statements pertaining to other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release.
The forward-looking information and statements contained in this news release reflect several material factors, expectations and assumptions including without limitation: (i) commodity prices, foreign currency exchange rates and interest rates; (ii) supply and demand for electricity; (iii) schedules and timing of certain projects and the Company's strategy for growth; (iv) the Company's future operating and financial results; (v) treatments under governmental regulatory regimes and tax, environmental and other laws; and (vi) the timing of the delivery of power generation assets under construction contracts.
The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated and described in the forward-looking statements. Such information and statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information or statements. The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking information and statements contained in this news release speak only as of the date of this news release, and the Company assumes no obligation to publicly update or revised them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.
The Toronto Stock Exchange has neither reviewed nor approved this news release.
For more information, please contact
Canadian Hydro Developers, Inc. - Media RelationsLindsey MoenCommunications Coordinator(403) 802-2099 or Cell: (403) 510-4631
or
Canadian Hydro Developers, Inc. - Investor RelationsKathy BoutinVice President, Finance(403) 298-0256Email: KBoutin@canhydro.c
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Friday, May 15, 2009
Wind Industry Leaders Warn Congress That a Weak RES Could Cede Jobs to Asia, Europe
Wind Industry Leaders Warn Congress That a Weak RES Could Cede Jobs to Asia, Europe
WASHINGTON--May 15 2009 --A group of representatives from major wind industry companies today released a letter to key members of Congress urging them to strengthen the renewable electricity standard (RES) contained in the draft bill unveiled this week by House Energy and Commerce Committee chairman Henry Waxman.
“We are concerned that the significantly lower renewable targets currently being discussed, as compared to proposals from President Obama, Chairman Bingaman and Chairman Markey, will severely blunt the signal for companies like ours that manufacture turbines and components to invest billions of dollars to expand production and our workforces in the U.S.,” the letter said.
It was signed by representatives of GE Energy, Vestas Americas, Gamesa, NRG Systems, REPower USA, Broadwind Energy, TPI Composites, PPG Industries, Clipper Windpower and AWEA.
“A national RES is one of the strongest policies to promote more renewable energy because the combination of long-term demand and an immediate market triggers investment in manufacturing facilities. An RES provides specific near-, mid-, and long-market demand that other policies do not offer,” the letter said.
The Waxman bill, co-introduced by Rep. Edward Markey, chairman of the Energy and Environment Subcommittee, includes a renewable electricity standard that is less than one-half the level proposed by President Obama and Chairman Markey’s original proposal. AWEA supports an RES of 25% by 2025.
The letter also warned, “America is on the verge of losing the wind manufacturing industry to Asia and Europe. There is significant international trade in wind turbines and the competition to host this industry is intense. America trails its competition in passing stable renewable energy policy commitments. Thirty-seven other countries have firm commitments.”
AWEA is the national trade association of America’s wind industry, with more than 2,000 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA Web site. Find insight on industry issues at AWEA’s blog Into the Wind. Join AWEA on Facebook.
Follow AWEA on Twitter.
Contacts For AWEAChristine Real de Azua, 202-383-2508orShawna Seldon, 212-255-7541
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
WASHINGTON--May 15 2009 --A group of representatives from major wind industry companies today released a letter to key members of Congress urging them to strengthen the renewable electricity standard (RES) contained in the draft bill unveiled this week by House Energy and Commerce Committee chairman Henry Waxman.
“We are concerned that the significantly lower renewable targets currently being discussed, as compared to proposals from President Obama, Chairman Bingaman and Chairman Markey, will severely blunt the signal for companies like ours that manufacture turbines and components to invest billions of dollars to expand production and our workforces in the U.S.,” the letter said.
It was signed by representatives of GE Energy, Vestas Americas, Gamesa, NRG Systems, REPower USA, Broadwind Energy, TPI Composites, PPG Industries, Clipper Windpower and AWEA.
“A national RES is one of the strongest policies to promote more renewable energy because the combination of long-term demand and an immediate market triggers investment in manufacturing facilities. An RES provides specific near-, mid-, and long-market demand that other policies do not offer,” the letter said.
The Waxman bill, co-introduced by Rep. Edward Markey, chairman of the Energy and Environment Subcommittee, includes a renewable electricity standard that is less than one-half the level proposed by President Obama and Chairman Markey’s original proposal. AWEA supports an RES of 25% by 2025.
The letter also warned, “America is on the verge of losing the wind manufacturing industry to Asia and Europe. There is significant international trade in wind turbines and the competition to host this industry is intense. America trails its competition in passing stable renewable energy policy commitments. Thirty-seven other countries have firm commitments.”
AWEA is the national trade association of America’s wind industry, with more than 2,000 member companies, including global leaders in wind power and energy development, wind turbine manufacturing, component and service suppliers, and the world’s largest wind power trade show. AWEA is the voice of wind energy in the U.S., promoting renewable energy to power a cleaner, stronger America. Look up information on wind energy at the AWEA Web site. Find insight on industry issues at AWEA’s blog Into the Wind. Join AWEA on Facebook.
Follow AWEA on Twitter.
Contacts For AWEAChristine Real de Azua, 202-383-2508orShawna Seldon, 212-255-7541
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
Membership sign-up- http://www.investorideas.com/membership/
Wednesday, May 06, 2009
Investor Ideas Marketplace News; Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
Investor Ideas Marketplace News; Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
POINT ROBERTS, Wash., May 6, 2009- www.InvestorIdeas.com, a leading online global investor resource and its Investor Ideas Global Marketplace and the Global Green Marketplace for green and renewable energy companies features news from clean energy wind turbine company, Leviathan Energy.
Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
May 6, 2009, Chicago, Illinois – Leviathan Energy (www.leviathanenergy.com), a diversified clean energy solutions provider, announced today that it will officially commence US sales and marketing efforts of the Wind Energizer, its patented technology for increasing the power output of large wind turbines. The Company plans to immediately begin making sales to wind farm operators across the US. The launch of the sales and marketing of the Wind Energizer comes after the company successfully concluded field tests of the product.
“We expect that with the very fast return on investment the Wind Energizer can deliver, sales will be quite strong,” said Dr. Daniel Farb, CEO of Leviathan Energy. “We look forward to witnessing the transformative effects our technology will have on the wind industry throughout the country.”
Leviathan’s Wind Energizer is a passive land-based structure that can be adapted to any wind turbine from any manufacturer. By directing the surrounding wind flow to the most critical areas of the wind turbine’s blades, the Wind Energizer increases wind velocity to the blades, resulting in a jump of power output by some 20-40 percent when the turbine is spinning and by well over 100% in the range of marginal or poor wind speed.
Additionally, by balancing the wind velocity load and shearing forces placed on the turbine, the Wind Energizer greatly reduces the stress placed on the turbine, extending both the blade and gearbox lifespan by an expected 2-3 years. Typically, wind farm operators overhaul or replace the turbine’s gearbox once every 2-8 years at a cost of $500,000. The Wind Energizer will drastically reduce the frequency at which they need to be replaced, quickly saving wind farm operators hundreds of thousands of dollars.
Depending on the scope of the installation, the Wind Energizer will cost approximately $300,000-$500,000. When all the benefits, including carbon credits, are factored in, Leviathan expects that return on investment will be 1-3 years.
Leviathan is presenting its revolutionary technology at the WindPower Expo in Chicago at Booth 5963.
About Leviathan
Leviathan Energy is a diversified clean energy solutions provider that was formed in 2006 in order to supply innovative, state-of-the-art technologies that will change the fundamentals of the renewable energy market on a global scale. By utilizing the physics of fluid dynamics and flow, Leviathan has created wind-, hydro-, and wave-powered products that fundamentally change the economics of investing in alternative energy technologies in these markets. Leviathan is currently also selling its small wind turbine and hydroelectric turbine. Leviathan's patent-pending products are simple to install, revolutionary, and cost-effective beyond any comparable products.
For more information, please visit www.leviathanenergy.com
Published at the InvestorIdeas.com Global Online Marketplace: Connecting Investors and Business
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Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
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POINT ROBERTS, Wash., May 6, 2009- www.InvestorIdeas.com, a leading online global investor resource and its Investor Ideas Global Marketplace and the Global Green Marketplace for green and renewable energy companies features news from clean energy wind turbine company, Leviathan Energy.
Leviathan Energy Launches US Sales and Marketing Efforts for its Revolutionary Wind Energizer
May 6, 2009, Chicago, Illinois – Leviathan Energy (www.leviathanenergy.com), a diversified clean energy solutions provider, announced today that it will officially commence US sales and marketing efforts of the Wind Energizer, its patented technology for increasing the power output of large wind turbines. The Company plans to immediately begin making sales to wind farm operators across the US. The launch of the sales and marketing of the Wind Energizer comes after the company successfully concluded field tests of the product.
“We expect that with the very fast return on investment the Wind Energizer can deliver, sales will be quite strong,” said Dr. Daniel Farb, CEO of Leviathan Energy. “We look forward to witnessing the transformative effects our technology will have on the wind industry throughout the country.”
Leviathan’s Wind Energizer is a passive land-based structure that can be adapted to any wind turbine from any manufacturer. By directing the surrounding wind flow to the most critical areas of the wind turbine’s blades, the Wind Energizer increases wind velocity to the blades, resulting in a jump of power output by some 20-40 percent when the turbine is spinning and by well over 100% in the range of marginal or poor wind speed.
Additionally, by balancing the wind velocity load and shearing forces placed on the turbine, the Wind Energizer greatly reduces the stress placed on the turbine, extending both the blade and gearbox lifespan by an expected 2-3 years. Typically, wind farm operators overhaul or replace the turbine’s gearbox once every 2-8 years at a cost of $500,000. The Wind Energizer will drastically reduce the frequency at which they need to be replaced, quickly saving wind farm operators hundreds of thousands of dollars.
Depending on the scope of the installation, the Wind Energizer will cost approximately $300,000-$500,000. When all the benefits, including carbon credits, are factored in, Leviathan expects that return on investment will be 1-3 years.
Leviathan is presenting its revolutionary technology at the WindPower Expo in Chicago at Booth 5963.
About Leviathan
Leviathan Energy is a diversified clean energy solutions provider that was formed in 2006 in order to supply innovative, state-of-the-art technologies that will change the fundamentals of the renewable energy market on a global scale. By utilizing the physics of fluid dynamics and flow, Leviathan has created wind-, hydro-, and wave-powered products that fundamentally change the economics of investing in alternative energy technologies in these markets. Leviathan is currently also selling its small wind turbine and hydroelectric turbine. Leviathan's patent-pending products are simple to install, revolutionary, and cost-effective beyond any comparable products.
For more information, please visit www.leviathanenergy.com
Published at the InvestorIdeas.com Global Online Marketplace: Connecting Investors and Business
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Accredited Investors and Companies Sign Up:
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The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
Join our Group on Linked in
Business, Investing and Funding Success Stories
Become an Investorideas.com Member- research green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, environment, biotech and defense stocks.
Become an InvestorIdeas.com member -Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information on the Green Global Marketplace:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global stock directories.
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Tuesday, February 10, 2009
AMSC and U.S. Department of Energy Agree to Collaborate on 10 Megawatt-Class Superconductor Wind Turbines
AMSC and U.S. Department of Energy Agree to Collaborate on 10 Megawatt-Class Superconductor Wind Turbines
Project Focuses on Significantly Increasing Wind Turbine Power Capacity to Reduce Cost of Wind-Generated Electricity AMSC Windtec Design Expertise and AMSC’s Superconductor Motor Technology Core to New Designs
WASHINGTON--Feb 10 2009 --American Superconductor Corporation (NASDAQ: AMSC), a leading energy technologies company, today announced that it has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and its National Wind Technology Center (NWTC) to validate the economics of a full 10 megawatt (MW) class superconductor wind turbine. AMSC is separately developing full 10 MW-class wind turbine component and system designs. A CRADA allows the Federal government and industry partners to optimize their resources, share technical expertise in a protected environment and speed the commercialization of technologies.
Under the 12-month program, AMSC Windtec™, a wholly owned subsidiary of AMSC, will analyze the cost of a full 10 MW-class superconductor wind turbine, which will include a direct drive superconductor generator and all other components, including the blades, hub, power electronics, nacelle, tower and controls. The NWTC will then benchmark and evaluate the wind turbine’s economic impact, both in terms of its initial cost and its overall cost of energy.
“The Department of Energy and its National Renewable Energy Lab recognize that wind power will represent a significant fraction of our power production in the years to come,” said NREL Director Dan Arvizu. “High temperature superconductors hold promise for helping lower the overall cost of wind energy. We are pleased to be teaming with AMSC to move this technology forward.”
Direct drive wind generator systems utilizing high temperature superconductor (HTS) wire instead of copper wire for the generator’s rotor are expected to be much smaller, lighter, more efficient and more reliable than conventional generators and gearboxes. AMSC estimates that its superconductor technology will enable a 10 MW-class generator system that would weigh approximately 120 metric tons, compared with approximately 300 metric tons for conventional direct drive generators with this power rating. In addition, direct drive generators eliminate the need for massive gearboxes, the component with the highest maintenance costs in conventional wind turbines. This will open up the opportunity for the development of wind farms in more areas on land and offshore.
The superconductor generators that are to be utilized for 10 MW-class superconductor wind turbines are based on proven technology AMSC has developed for superconductor ship propulsion motors and generators under contracts with the U.S. Navy. AMSC recently announced that a 36.5 MW superconductor ship propulsion motor it designed and manufactured for the Navy was successfully operated at full power by the Navy and is ready for deployment.
Concurrent with the CRADA, AMSC and TECO-Westinghouse Motor Company (TWMC) have been working on a project since October 2007 to develop HTS and related technologies for 10 megawatt-class direct drive wind generators under an award from the National Institute of Science and Technology’s Advanced Technology Program (ATP). The CRADA and ATP programs are intended to serve as a prelude to follow-on programs aimed at building and testing a full-scale prototype superconductor wind turbine, prior to commercialization.
Senior Vice President and AMSC Superconductors General Manager Dan McGahn said, “It is important for our economy to embrace new clean technologies that will increase our energy independence and strengthen our electricity infrastructure. Superconductors are today proving their tremendous power density and efficiency advantages to electric utilities and large power users. This program brings those same benefits to power generation and the rapidly growing wind power market.”
Wind turbine power ratings have been increasing steadily while the price per megawatt has declined, enabling wind power to achieve economic parity with conventional generation sources in prime wind locations. Due to the limitations of conventional technologies, however, the largest wind turbine ratings top out at approximately 6 MW due in part to practical limitations on the physical size and weight of the generators that must be transported over roads and supported on towers hundreds of feet in the air.
“HTS is one of the ‘disruptive technologies’ needed to break through wind power’s capacity barrier and significantly reduce its cost of energy,” McGahn said. “We have formed strong ties with wind turbine manufacturers around the world, including TECO in Taiwan, Sinovel Wind in China and Hyundai Heavy Industries in Korea. Based on these relationships, AMSC’s leadership in superconductor technology, its experience with HTS rotating machines and AMSC Windtec’s proven commercial wind turbine design capabilities, we are uniquely equipped to commercialize this breakthrough technology.”
According to industry research firm Emerging Energy Research, approximately $27 billion was spent on wind turbines in 2007. That figure is expected to double to over $55 billion annually by 2015.
About American Superconductor (NASDAQ: AMSC)
AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure – from generation to delivery to end use. The company is a leader in alternative energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The company also offers a host of Smart Grid technologies for power grid operators that enhance the reliability, efficiency and capacity of the grid, and seamlessly integrate renewable energy sources into the power infrastructure. These include superconductor power cable systems, grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC’s technologies are protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and licenses worldwide. More information is available at www.amsc.com.
American Superconductor and design, Revolutionizing the Way the World Uses Electricity, AMSC, Powered by AMSC, D-VAR, dSVC, PowerModule, PQ-IVR, Secure Super Grids, Windtec and SuperGEAR are trademarks or registered trademarks of American Superconductor Corporation or its subsidiaries. All other brand names, product names or trademarks belong to their respective holders. The Windtec logo and design is a registered European Union Community Trademark.
Any statements in this release about future expectations, plans and prospects for the company, including our expectations regarding the future financial performance of the company and other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include: uncertainties regarding the company's ability to obtain anticipated funding from corporate and government contracts, to successfully develop, manufacture and market commercial products, and to secure anticipated orders; the risk that the increasingly uncertain global economic conditions could result in customers delaying or reducing purchases of our products; the risk that a robust market may not develop for the company's products; the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; and the competition encountered by the company. Reference is made to these and other factors discussed in the "Risk Factors" section of the company's most recent quarterly or annual report filed with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the company's views as of the date of this release. While the company anticipates that subsequent events and developments may cause the company's views to change, the company specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the company's views as of any date subsequent to the date this press release is issued.
Contacts American Superconductor Corporation (NASDAQ: AMSC)Jason Fredette, 978-842-3177Director of Investor & Media Relationsjfredette@amsc.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and Cleantech stocks as an Investor Ideas member and gain access to the stock directories.
Member sign-up- http://www.investorideas.com/membership/
Project Focuses on Significantly Increasing Wind Turbine Power Capacity to Reduce Cost of Wind-Generated Electricity AMSC Windtec Design Expertise and AMSC’s Superconductor Motor Technology Core to New Designs
WASHINGTON--Feb 10 2009 --American Superconductor Corporation (NASDAQ: AMSC), a leading energy technologies company, today announced that it has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and its National Wind Technology Center (NWTC) to validate the economics of a full 10 megawatt (MW) class superconductor wind turbine. AMSC is separately developing full 10 MW-class wind turbine component and system designs. A CRADA allows the Federal government and industry partners to optimize their resources, share technical expertise in a protected environment and speed the commercialization of technologies.
Under the 12-month program, AMSC Windtec™, a wholly owned subsidiary of AMSC, will analyze the cost of a full 10 MW-class superconductor wind turbine, which will include a direct drive superconductor generator and all other components, including the blades, hub, power electronics, nacelle, tower and controls. The NWTC will then benchmark and evaluate the wind turbine’s economic impact, both in terms of its initial cost and its overall cost of energy.
“The Department of Energy and its National Renewable Energy Lab recognize that wind power will represent a significant fraction of our power production in the years to come,” said NREL Director Dan Arvizu. “High temperature superconductors hold promise for helping lower the overall cost of wind energy. We are pleased to be teaming with AMSC to move this technology forward.”
Direct drive wind generator systems utilizing high temperature superconductor (HTS) wire instead of copper wire for the generator’s rotor are expected to be much smaller, lighter, more efficient and more reliable than conventional generators and gearboxes. AMSC estimates that its superconductor technology will enable a 10 MW-class generator system that would weigh approximately 120 metric tons, compared with approximately 300 metric tons for conventional direct drive generators with this power rating. In addition, direct drive generators eliminate the need for massive gearboxes, the component with the highest maintenance costs in conventional wind turbines. This will open up the opportunity for the development of wind farms in more areas on land and offshore.
The superconductor generators that are to be utilized for 10 MW-class superconductor wind turbines are based on proven technology AMSC has developed for superconductor ship propulsion motors and generators under contracts with the U.S. Navy. AMSC recently announced that a 36.5 MW superconductor ship propulsion motor it designed and manufactured for the Navy was successfully operated at full power by the Navy and is ready for deployment.
Concurrent with the CRADA, AMSC and TECO-Westinghouse Motor Company (TWMC) have been working on a project since October 2007 to develop HTS and related technologies for 10 megawatt-class direct drive wind generators under an award from the National Institute of Science and Technology’s Advanced Technology Program (ATP). The CRADA and ATP programs are intended to serve as a prelude to follow-on programs aimed at building and testing a full-scale prototype superconductor wind turbine, prior to commercialization.
Senior Vice President and AMSC Superconductors General Manager Dan McGahn said, “It is important for our economy to embrace new clean technologies that will increase our energy independence and strengthen our electricity infrastructure. Superconductors are today proving their tremendous power density and efficiency advantages to electric utilities and large power users. This program brings those same benefits to power generation and the rapidly growing wind power market.”
Wind turbine power ratings have been increasing steadily while the price per megawatt has declined, enabling wind power to achieve economic parity with conventional generation sources in prime wind locations. Due to the limitations of conventional technologies, however, the largest wind turbine ratings top out at approximately 6 MW due in part to practical limitations on the physical size and weight of the generators that must be transported over roads and supported on towers hundreds of feet in the air.
“HTS is one of the ‘disruptive technologies’ needed to break through wind power’s capacity barrier and significantly reduce its cost of energy,” McGahn said. “We have formed strong ties with wind turbine manufacturers around the world, including TECO in Taiwan, Sinovel Wind in China and Hyundai Heavy Industries in Korea. Based on these relationships, AMSC’s leadership in superconductor technology, its experience with HTS rotating machines and AMSC Windtec’s proven commercial wind turbine design capabilities, we are uniquely equipped to commercialize this breakthrough technology.”
According to industry research firm Emerging Energy Research, approximately $27 billion was spent on wind turbines in 2007. That figure is expected to double to over $55 billion annually by 2015.
About American Superconductor (NASDAQ: AMSC)
AMSC offers an array of proprietary technologies and solutions spanning the electric power infrastructure – from generation to delivery to end use. The company is a leader in alternative energy, providing proven, megawatt-scale wind turbine designs and electrical control systems. The company also offers a host of Smart Grid technologies for power grid operators that enhance the reliability, efficiency and capacity of the grid, and seamlessly integrate renewable energy sources into the power infrastructure. These include superconductor power cable systems, grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC’s technologies are protected by a broad and deep intellectual property portfolio consisting of hundreds of patents and licenses worldwide. More information is available at www.amsc.com.
American Superconductor and design, Revolutionizing the Way the World Uses Electricity, AMSC, Powered by AMSC, D-VAR, dSVC, PowerModule, PQ-IVR, Secure Super Grids, Windtec and SuperGEAR are trademarks or registered trademarks of American Superconductor Corporation or its subsidiaries. All other brand names, product names or trademarks belong to their respective holders. The Windtec logo and design is a registered European Union Community Trademark.
Any statements in this release about future expectations, plans and prospects for the company, including our expectations regarding the future financial performance of the company and other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include: uncertainties regarding the company's ability to obtain anticipated funding from corporate and government contracts, to successfully develop, manufacture and market commercial products, and to secure anticipated orders; the risk that the increasingly uncertain global economic conditions could result in customers delaying or reducing purchases of our products; the risk that a robust market may not develop for the company's products; the risk that strategic alliances and other contracts may be terminated; the risk that certain technologies utilized by the company will infringe intellectual property rights of others; and the competition encountered by the company. Reference is made to these and other factors discussed in the "Risk Factors" section of the company's most recent quarterly or annual report filed with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the company's views as of the date of this release. While the company anticipates that subsequent events and developments may cause the company's views to change, the company specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the company's views as of any date subsequent to the date this press release is issued.
Contacts American Superconductor Corporation (NASDAQ: AMSC)Jason Fredette, 978-842-3177Director of Investor & Media Relationsjfredette@amsc.com
News & Stories Published at Clean Energy Stocks Blog
Research Renewable Energy and Cleantech stocks as an Investor Ideas member and gain access to the stock directories.
Member sign-up- http://www.investorideas.com/membership/
Wednesday, August 27, 2008
Investorideas.com Green Investor Audio Series; “Renewable Energy- The Perfect Storm,
Investorideas.com Green Investor Audio Series; “Renewable Energy- The Perfect Storm,
A Transformation of the World’s Energy Infrastructure “
Michael Brush Audio with Michael Liebreich, head of the London-based clean energy research firm, New Energy Finance, Discussing Major Trends in Renewable Energy
POINT ROBERTS, Wash., Delta B.C., August 27, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance. Mr. Liebreich discusses the industry trends coming together all at once that have created a perfect storm in renewable energy for investors.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance.
Renewable Energy: “The Perfect Storm”
Michael Liebreich, head of the London-based clean energy research firm New Energy Finance, www.newenergyfinance.com offers an overview of what’s to come for the sector.
Mr. Liebreich commenting on trends and opportunities notes,” It’s really a perfect storm .It’s not just one or two small trends; it’s a transformation of the world’s energy infrastructure. The industry is going from high -carbon to low- carbon. “
“The drivers include climate change, oil depletion, energy security, deregulation, new technologies like nanomaterial , Biotech and information technologies which allow you to manage distributed energy resources in a way we couldn’t 15 years ago. All these trends coming together at once create an enormously powerful transformation and opportunities to invest.”
To hear the full Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi082708.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
A Transformation of the World’s Energy Infrastructure “
Michael Brush Audio with Michael Liebreich, head of the London-based clean energy research firm, New Energy Finance, Discussing Major Trends in Renewable Energy
POINT ROBERTS, Wash., Delta B.C., August 27, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance. Mr. Liebreich discusses the industry trends coming together all at once that have created a perfect storm in renewable energy for investors.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Michael Liebreich, head of the London-based clean energy research firm New Energy Finance.
Renewable Energy: “The Perfect Storm”
Michael Liebreich, head of the London-based clean energy research firm New Energy Finance, www.newenergyfinance.com offers an overview of what’s to come for the sector.
Mr. Liebreich commenting on trends and opportunities notes,” It’s really a perfect storm .It’s not just one or two small trends; it’s a transformation of the world’s energy infrastructure. The industry is going from high -carbon to low- carbon. “
“The drivers include climate change, oil depletion, energy security, deregulation, new technologies like nanomaterial , Biotech and information technologies which allow you to manage distributed energy resources in a way we couldn’t 15 years ago. All these trends coming together at once create an enormously powerful transformation and opportunities to invest.”
To hear the full Audio file: click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi082708.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Investorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
The Global Green Marketplace at Investorideas.com – a meeting place for investors and business in cleantech: http://www.investorideas.com/marketplace/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Wednesday, August 06, 2008
Investorideas.com Green Investor Audio Series; “Expect Continued Rapid Growth in the Wind Sector”
Investorideas.com Green Investor Audio Series; “Expect Continued Rapid Growth in the Wind Sector”
Michael Brush Audio Interview with executive director of the American Wind Energy Association
POINT ROBERTS, Wash., Delta B.C., August 6, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Randall Swisher, executive director of the American Wind Energy Association.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Randall Swisher, executive director of the American Wind Energy Association.
Expect Continued Rapid Growth in the Wind Sector
Investors can expect double digit growth for years to come in the wind sector, says Randall Swisher, executive director of the American Wind Energy Association. In this interview, he explains what kinds of companies should benefit, and where.
Mr. Swisher comments, “In 2007 we saw 45% growth in the US markets in wind. “
He continues in reference to the global markets, “It’s very similar on a global basis.”
He also notes a consolidation and globalization trend is underway.
To hear the full Audio file: click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi080608.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Invesorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Michael Brush Audio Interview with executive director of the American Wind Energy Association
POINT ROBERTS, Wash., Delta B.C., August 6, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides interested investors a recent audio interview with Randall Swisher, executive director of the American Wind Energy Association.
Investorideas.com Green Investor Audio Series
http://www.investorideas.com/gi/
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with Randall Swisher, executive director of the American Wind Energy Association.
Expect Continued Rapid Growth in the Wind Sector
Investors can expect double digit growth for years to come in the wind sector, says Randall Swisher, executive director of the American Wind Energy Association. In this interview, he explains what kinds of companies should benefit, and where.
Mr. Swisher comments, “In 2007 we saw 45% growth in the US markets in wind. “
He continues in reference to the global markets, “It’s very similar on a global basis.”
He also notes a consolidation and globalization trend is underway.
To hear the full Audio file: click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/gi080608.mp3
Michael Brush writes a weekly market column for MSN Money. Mr. Brush has also covered business and investing for the New York Times, Money magazine and the Economist Group.
Michael also writes the Insiders Corner Exclusively for Invesorideas.com.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News RSS Feed:
http://www.investorideas.com/RSS/feeds/RES.xml
Green Investor Sponsors: Carbon Capture and Green Portfolio Stock: (OTCBB:MVTG),Geothermal Stock:(OTCBB:ESIV),Green Automotive Stock: (OTCBB:ZAAP),Green Automotive Stock:(OTCBB:ROTB),Solar Stock:(OTCBB:XSNX)
Solar Stock :( OTCBB: CSKH), Renewable Sugarcane Fuels (OTCPK: IBOT) Featured Green Companies are showcased on: www.Renewableenergystocks.com. For disclaimer and disclosure visit:
www.InvestorIdeas.com/About/Disclaimer.asp
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Monday, July 14, 2008
Catch the Wind
Catch the Wind
Green Investor at Investorideas.com
http://www.investorideas.com/gi/
By Paulo Nery
Wind is looking like one the great opportunities for this year. If you follow Jim Cramer at all you may have heard him declare this to be the year of wind. And just this past week that well-known oilman T. Boone Pickens, who is building an enormous 4,000 Megawatt wind farm in Pampa Texas, declared a major PR campaign for wind. The “Pickens Plan” (www.pickensplan.com) calls for rapid ramping up of wind power and advocates the use of natural gas vehicles. Pickens views wind as part of a solution to our rapidly increasing expenditure on foreign oil. Currently $700 Billion is going offshore each year to pay for imported oil.
Wind energy according to the Department of Energy, has the potential to deliver 1.5 times our current national consumption. And that would come from just 6% of US land. Most of the strong potential is in a corridor from West Texas all the way to North Dakota.
If you’ve wanted to invest in renewable energy, wind could be the right play for you, with growing public awareness creating demand and political pressure. But, what kind of plays are out there?
A direct play might be a company like Vestas Wind Systems (VWDRY.PK), a Danish company that manufactures wind systems. They have 35,000 turbines installed worldwide and claim a 23% market share making them the world leader in the supply of wind energy solutions. According to their own life-cycle analysis, the production from one of its 3-Megawatt turbines totally offsets the energy consumed by its production in under 7 months. So it’s a great green story and there’s nothing like investing with the market leader. However, it trades mainly in Denmark. If you want to buy it in the USA, the over-the-counter listing is quite thinly traded.
A number of the companies involved in supplying components are industrials with broader businesses. In several cases, the wind energy divisions are far outpacing the parent company for growth.
One such example is Trinity (TRN) who is known as a manufacturer of railcars. They also have a division that makes wind towers, the structures that hold up the turbine and blades. That business is clearly taking off. For their last quarter, they reported 81 cents per share of earnings which beat the consensus by 8 cents. The stock marched quickly from 32 to over 40, but has since come back down with the rest of the market and due in part to another railcar maker, Greenbrier Companies Inc. (GBX), who warned of poor railcar sales and rising material costs.
Trinity’s wind energy equipment business looks strong with a 42% increase in revenue from its last quarter ending March 31. It’s also showing a backlog of $1.6 billion in orders. On the other hand, if you extrapolate from Greenbrier, the railcar business could come under pressure. Is the broader industry strength in rails enough to carry it through? Or, will high steel and raw costs plus customer problems leading to reduced orders weigh it down? Either way, over the long term, its wind energy structures business is increasing. Currently its $390 million is 12% of the total company revenues, and 10% of profits. The company projects $800 million revenues for the wind business in five years. But even this may be very conservative if the Pickens plan has any influence on the growth of wind energy as a whole.
Another intriguing wind play is AeroVironment, Inc. (AVAV) who are known for their portfolio of small unmanned aircraft systems (UAS) that it supplies primarily to organizations within the United States Department of Defense (DoD). But why I really like it is what the company calls “architectural wind”. They manufacture attractive wind turbines designed to perch on the edge of a roof and complement a building's architecture. This could be a new direction for wind energy though it is early days for this product line - there are only 9 installations in place as of yet. AeroVironment is a strong looking company as its main business should continue to thrive with ongoing military demand. As a wind investment it might be more speculative since there’s little real information to go on at this stage, but it sure sounds like a business that could find traction in a world that increasingly values green building.
There are many other strong wind plays available, like:
Ottertail (OTTR) a utility company that also makes towers
Gamesa Corp (GCTAF.PK) a Spanish turbine maker with 18% of the market
Americas Wind Energy Corporation (AWNE.OB) medium sized wind turbines
Scottish Power Plc (SPI) a major developer and operator of wind farms in the UK and the US
While the Pickens campaign is undoubtedly raising awareness of wind energy and its potential, it might be prudent to avoid being drawn into the hype too quickly. Careful research and timing of your entry are essential, as ever.
Disclaimer:
Paulo Nery is an independent columnist for Green Investor at Investorideas.com .Paulo J. Nery writes about green business, green investing and green lifestyle. www.InvestorIdeas.com/About/Disclaimer.asp. InvestorIdeas is not affiliated or compensated by the companies mentioned in this article.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Renewable Energy and GreenTech Business and Stock News at Investorideas.com
http://www.investorideas.com/RSS/feeds/RES.xml
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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 is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure:
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Tuesday, July 01, 2008
investors following wind stocks
For investors following wind stocks- here is the list of companies in the index -
The ISE Global Wind Energy Index provides a benchmark for investors interested in tracking public companies that are active in the wind energy industry based on analysis of those companies’ products and services.
ISE Global Wind Energy Index (GWE)
Download all ISE Index Components
As of: 07-02-08
TICKER NAME ASSIGNED SHARES PRICE WEIGHT
1133 HK HARBIN POWER EQUIPMENT CO-H 28,237,579 11.3 0.43 %
182 HK China WindPower Group Ltd. 315,747,475 0.5 0.21 %
2345 HK Shanghai Prime Machinery Co Ltd 89,194,202 1.61 0.19 %
2766 JP Japan Wind Development Co., Ltd 74,602 354000 2.60 %
658 HK China High Speed Transmission Equipment Group Co. Ltd. 40,829,415 16 0.87 %
8031 JP Mitsui & Co. 4,999,083 2425 1.19 %
AES AES Corp. 4,417,937 19.27 0.89 %
AGK AU AGL Energy Limited 6,763,469 14.1 0.95 %
AIR BB Air Energy S.A. 1,870,725 38.88 1.19 %
ALO FP ALSTOM 453,477 147.89 1.10 %
AMN Ameron International Inc 381,891 119.4 0.47 %
AMSC American Superconductor 1,600,640 35.38 0.59 %
ANA SM Acciona SA 345,660 142.95 0.81 %
ATI Allegheny Technologies Inc 1,349,255 58.04 0.82 %
BBW AU Babcock & Brown Wind Partners 307,430,401 1.66 5.07 %
BLX CN Boralex Inc 2,870,708 14.29 0.42 %
BP UN BP (ADR) 1,624,431 68.17 1.15 %
BWEN BROADWIND ENERGY INC 25,216,706 17.7 4.65 %
CEI FP Areva - Ci 55,139 745 0.67 %
CGY GY Conergy AG 2,044,199 13.39 0.45 %
CPST Capstone Turbine Corp 12,012,012 4 0.50 %
CPTC US Composite Technology Corp. 19,058,510 1.25 0.25 %
CWP LN Clipper Windpower Plc 39,990,773 5.32 4.41 %
CWSI CHINA WIND SYSTEMS INC 4,798,580 4.2 0.21 %
EDP PL EDP SA 15,621,317 3.25 0.83 %
EE El Paso Electric 2,082,682 19.7 0.43 %
EEN FP EDF Energies Nouvelles SA 1,403,066 40 0.92 %
EF CN EARTHFIRST CANADA INC 80,543,897 1.55 1.27 %
ELE SQ ENDESA SA 2,185,287 30.31 1.09 %
ELET3 B Eletrobras-ON (Centrais Eletricas Brasileiras SA) 3,669,585 28.25 0.67 %
EONGY E.On (ADR) 1,684,012 67 1.18 %
FDML FEDERAL MOGUL CORP CL A-W/I 3,472,222 16.32 0.59 %
FPL FPL Group 1,318,435 65.71 0.90 %
FRS SM Fersa Energias Renovables SA 45,437,335 4.45 3.32 %
GAM SM Gamesa Corp Tecnologica SA 14,308,586 30.76 7.22 %
GE General Electric 3,811,702 27.12 1.08 %
GES DC Greentech Energy Systems 17,244,977 78 2.96 %
GRH GREENHUNTER ENERGY INC 1,011,112 14.83 0.16 %
GUR SW GURIT HOLDING AG-BR 21,791 912 0.20 %
HRX0CN Heroux-Devtek Inc. 2,591,793 7.81 0.21 %
HSN LN Hansen Transmissions International NV 131,349,005 2.86 7.80 %
IBE SQ IBERDROLA SA 7,896,021 8.12 1.05 %
IBR SM Iberdrola Renovables 12,902,584 4.76 1.01 %
INE CN Innergex Renewable Energy Inc 2,599,370 7.9 0.21 %
KDN Kaydon Corp. 1,142,139 52.53 0.62 %
KHD CN Canadian Hydro Developers Inc 8,293,737 5.35 0.45 %
LNT Alliant Energy 1,794,527 34.08 0.64 %
MORPB S Morphic Technologies AB 10,820,751 9.55 0.18 %
NDX1 GY Nordex AG 13,652,080 26.1 5.85 %
NRG NRG Energy Inc 2,028,500 43.33 0.92 %
NVE LN Novera Energy PLC 12,516,280 0.85 0.22 %
OTTR Otter Tail Corp 1,123,753 40.3 0.47 %
PEP PW Polish Energy Partners SA 1,590,873 27.7 0.22 %
RDS/A U Royal Dutch Shell - A (ADR) 1,393,767 80.25 1.17 %
ROKKA G C. Rokas S.A. 2,099,007 12.74 0.44 %
RPW GY Repower Systems 1,875,115 208.54 6.42 %
RWE GY RWE AG 898,167 80.68 1.19 %
RWE LN Renewable Energy Generation Ltd. 52,419,098 1.09 1.18 %
SI UN Siemens (ADR) 966,520 111.19 1.12 %
SKFB SS SKF AB-B 5,185,654 93.5 0.84 %
TENERGY Terna Energy S.A. 3,893,320 7.2 0.46 %
TEO FP Theolia 15,094,477 16.65 4.12 %
TRN Trinity Industries 1,710,279 33.9 0.60 %
VWS DC VESTAS WIND SYST 5,581,223 618 7.59 %
WGOV Woodward Governor 1,675,884 36.76 0.64 %
WND CN Western Wind Energy Corp. 30,662,760 3.05 0.95 %
ZOLT Zoltek Cos Inc 2,261,420 23.14 0.55 %
The ISE Global Wind Energy Index provides a benchmark for investors interested in tracking public companies that are active in the wind energy industry based on analysis of those companies’ products and services.
ISE Global Wind Energy Index (GWE)
Download all ISE Index Components
As of: 07-02-08
TICKER NAME ASSIGNED SHARES PRICE WEIGHT
1133 HK HARBIN POWER EQUIPMENT CO-H 28,237,579 11.3 0.43 %
182 HK China WindPower Group Ltd. 315,747,475 0.5 0.21 %
2345 HK Shanghai Prime Machinery Co Ltd 89,194,202 1.61 0.19 %
2766 JP Japan Wind Development Co., Ltd 74,602 354000 2.60 %
658 HK China High Speed Transmission Equipment Group Co. Ltd. 40,829,415 16 0.87 %
8031 JP Mitsui & Co. 4,999,083 2425 1.19 %
AES AES Corp. 4,417,937 19.27 0.89 %
AGK AU AGL Energy Limited 6,763,469 14.1 0.95 %
AIR BB Air Energy S.A. 1,870,725 38.88 1.19 %
ALO FP ALSTOM 453,477 147.89 1.10 %
AMN Ameron International Inc 381,891 119.4 0.47 %
AMSC American Superconductor 1,600,640 35.38 0.59 %
ANA SM Acciona SA 345,660 142.95 0.81 %
ATI Allegheny Technologies Inc 1,349,255 58.04 0.82 %
BBW AU Babcock & Brown Wind Partners 307,430,401 1.66 5.07 %
BLX CN Boralex Inc 2,870,708 14.29 0.42 %
BP UN BP (ADR) 1,624,431 68.17 1.15 %
BWEN BROADWIND ENERGY INC 25,216,706 17.7 4.65 %
CEI FP Areva - Ci 55,139 745 0.67 %
CGY GY Conergy AG 2,044,199 13.39 0.45 %
CPST Capstone Turbine Corp 12,012,012 4 0.50 %
CPTC US Composite Technology Corp. 19,058,510 1.25 0.25 %
CWP LN Clipper Windpower Plc 39,990,773 5.32 4.41 %
CWSI CHINA WIND SYSTEMS INC 4,798,580 4.2 0.21 %
EDP PL EDP SA 15,621,317 3.25 0.83 %
EE El Paso Electric 2,082,682 19.7 0.43 %
EEN FP EDF Energies Nouvelles SA 1,403,066 40 0.92 %
EF CN EARTHFIRST CANADA INC 80,543,897 1.55 1.27 %
ELE SQ ENDESA SA 2,185,287 30.31 1.09 %
ELET3 B Eletrobras-ON (Centrais Eletricas Brasileiras SA) 3,669,585 28.25 0.67 %
EONGY E.On (ADR) 1,684,012 67 1.18 %
FDML FEDERAL MOGUL CORP CL A-W/I 3,472,222 16.32 0.59 %
FPL FPL Group 1,318,435 65.71 0.90 %
FRS SM Fersa Energias Renovables SA 45,437,335 4.45 3.32 %
GAM SM Gamesa Corp Tecnologica SA 14,308,586 30.76 7.22 %
GE General Electric 3,811,702 27.12 1.08 %
GES DC Greentech Energy Systems 17,244,977 78 2.96 %
GRH GREENHUNTER ENERGY INC 1,011,112 14.83 0.16 %
GUR SW GURIT HOLDING AG-BR 21,791 912 0.20 %
HRX0CN Heroux-Devtek Inc. 2,591,793 7.81 0.21 %
HSN LN Hansen Transmissions International NV 131,349,005 2.86 7.80 %
IBE SQ IBERDROLA SA 7,896,021 8.12 1.05 %
IBR SM Iberdrola Renovables 12,902,584 4.76 1.01 %
INE CN Innergex Renewable Energy Inc 2,599,370 7.9 0.21 %
KDN Kaydon Corp. 1,142,139 52.53 0.62 %
KHD CN Canadian Hydro Developers Inc 8,293,737 5.35 0.45 %
LNT Alliant Energy 1,794,527 34.08 0.64 %
MORPB S Morphic Technologies AB 10,820,751 9.55 0.18 %
NDX1 GY Nordex AG 13,652,080 26.1 5.85 %
NRG NRG Energy Inc 2,028,500 43.33 0.92 %
NVE LN Novera Energy PLC 12,516,280 0.85 0.22 %
OTTR Otter Tail Corp 1,123,753 40.3 0.47 %
PEP PW Polish Energy Partners SA 1,590,873 27.7 0.22 %
RDS/A U Royal Dutch Shell - A (ADR) 1,393,767 80.25 1.17 %
ROKKA G C. Rokas S.A. 2,099,007 12.74 0.44 %
RPW GY Repower Systems 1,875,115 208.54 6.42 %
RWE GY RWE AG 898,167 80.68 1.19 %
RWE LN Renewable Energy Generation Ltd. 52,419,098 1.09 1.18 %
SI UN Siemens (ADR) 966,520 111.19 1.12 %
SKFB SS SKF AB-B 5,185,654 93.5 0.84 %
TENERGY Terna Energy S.A. 3,893,320 7.2 0.46 %
TEO FP Theolia 15,094,477 16.65 4.12 %
TRN Trinity Industries 1,710,279 33.9 0.60 %
VWS DC VESTAS WIND SYST 5,581,223 618 7.59 %
WGOV Woodward Governor 1,675,884 36.76 0.64 %
WND CN Western Wind Energy Corp. 30,662,760 3.05 0.95 %
ZOLT Zoltek Cos Inc 2,261,420 23.14 0.55 %
Thursday, May 29, 2008
Cramers Mad Money Wind Index
Cramers mad about wind stocks...
The year of solar may be followed by the year of wind stocks
He has created his own wind Index- a basket of 11 stocks
more info -http://www.cnbc.com/id/24857848
stocks in his index- Trinity (TRN) Otter Tail (OTTR) Owens- Corning (OC)
Woodward Governor (WGOV) Mastec(MTZ) Thomas &Betts (TNB) Kaydon (KDN)
Ameron (AMN) Vestas (VWDRY) Broadwind Energy (OTCBB:BWEN) Clipper Wind Power
(CRPWF) (CWP.L)
also check out our renewable energy stocks directory including wind at -
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
The year of solar may be followed by the year of wind stocks
He has created his own wind Index- a basket of 11 stocks
more info -http://www.cnbc.com/id/24857848
stocks in his index- Trinity (TRN) Otter Tail (OTTR) Owens- Corning (OC)
Woodward Governor (WGOV) Mastec(MTZ) Thomas &Betts (TNB) Kaydon (KDN)
Ameron (AMN) Vestas (VWDRY) Broadwind Energy (OTCBB:BWEN) Clipper Wind Power
(CRPWF) (CWP.L)
also check out our renewable energy stocks directory including wind at -
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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