Wind company, CITY WINDMILLS (CYW.F ) fell 2.50% to close at $1.02.Recently, the company announced that Roland J. Bopp joined the company, effective May 23rd 2011, as Chief Executive Officer of its U.S. subsidiary, City Windmills Inc. Mr. Bopp is also a member of the Advisory Board of the parent organization. The Company is posturing to be one few players in the green energy/green advertising space in global markets.
Algae. Tec (ASX:AEB.AX; Frankfurt: GZA.F) closed with a gain of 0.005 (1.30%) to $0.369. Recently, the company had formed a collaboration contract with the Manildra Group to construct a demonstration-scale algae production facility at its 100 MMgy ethanol plant in Nowra, Australia. According to Algae.Tec Executive Chairman Roger Stroud, the project could be operational by the first quarter of 2012.
Bitterfeld-Wolfen (Germany), 11 July 2011 - Q-Cells, (QCE; ISIN DE0005558662) one of the world’s largest photovoltaic companies, has been issued a full notice to proceed with construction activities of a 10 Megawatt project as final part of a combined 60 Megawatt project in Ontario, Canada. Q-Cells will implement this project on a turn-key basis for Starwood Energy Group Global, LLC, and a private investment firm focused on energy infrastructure projects.
Phoenix Solar AG (PS4.F) closed with a loss of 0.68 (-3.87%) to $16.90. Today, the company said that it was selected by solarcomplex, a regional supplier of renewable energies in the Lake Constance region of Germany, to act as the EPC contractor for the 4.7MW power plant being built in Bodman-Ludwigshafen, Germany. The project will be developed on around .49 miles of land on both sides of the railway tracks between Stockach to Radolfzell.
ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), a leader in high-performance, high-quality, cost-effective solar technology, announced last week that its Systems Division has been awarded a contract to supply a 70 kilowatt ("kW") photovoltaic ("PV") rooftop solar system to the University of Waterloo's newly expanded Faculty of Environment building, named ENV3.
Frankfurt Cleantech Stocks Sector Trading Snapshot
- Solarvalue AG (SV7.F) shares ended the day at $0.43.
- 3Power Energy Group ( PSD.F) fell 0.88% to $0.565.
- KSB AG (ETR:KSB) fell 4.70 (-0.82%) to $565.30.
City Windmills © was founded in early 2010 and has carried along its idea of building an efficient, enduring and cheap windmill, adapted for home use, for industrial level use and for larger sized wind farms. With City Windmills © and the low cost of production per kWh, any home can afford electricity at grid parity costs.
Several steps of developments allowed the City Windmill © system to evolve from producing energy at 0, 12 € (0, 14 US$) per kWh, then at 0, 09 € (0, 11 US$) per kWh and finally at 0,065 € (0, 08 US$) per kWh. This production cost, while amortizing the price of a City Windmill © over a period of 20 years (as for other power producing plants), is competitive with every other energy source. And this is achieved without any subsidies. In an unsubsidized environment, the payback can be as short as 4.5 years.
The company is targeting the $20 Billion outdoor advertising industry with a new concept in green outdoor advertising, combining clean energy technology and advertising.
City Windmills, Ltd. (CYW.F) is a company in the development phase, with the design, development and marketing of revolutionary small wind turbine systems clean flachblättrigen deals. The business model of Wind Mills City focuses on revenue generation from the production of clean energy from small wind turbines, along with advertising revenue. More info http://www.citywindmills.com/en/
Visit the profile for City Windmills, Ltd. (CYW.F)
http://www.investorideas.com/CO/CYW
View the company’s presentation:
http://www.investorideas.com/CO/CYW/City-Windmills-Presentation-051811.pdf
CONTACT:
Sean Kelly, Chief Financial Officer
City Wind Mills, Ltd.
+41 22 310 8603
sean.kelly@citywindmills.com
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Source: www.Investorideas.com, City Windmills