Wind Stocks Alert: A-Power Energy (Nasdaq: APWR), Clean Wind Energy Tower (OTCBB: CWET), Gamesa (GAM.MC) and Vestas Wind (Copenhagen: VWS.CO)
Increased Demand for Wind Following Nuclear Disaster; Huaneng Renewables Corp Moves forward with $1 Billion IPO
Point Roberts, WA –May 20, 2011 - Investorideas.com, a leader in cleantech stock research, reports on recent wind stocks news and developments for wind stocks including A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR), Broadwind Energy, Inc. (NasdaqGS: BWEN ), China Ming Yang Wind Power Group (NYSE: MY), Clean Wind Energy Tower, Inc. (OTCBB: CWET), Gamesa Corporacion Tecnologica, S.A. (GAM.MC) and Vestas Wind Systems (Copenhagen: VWS.CO ). Big deals are in the wind for the sector with news that Huaneng Renewables Corp, the wind power division of China Huaneng Group, is now moving forward with its estimated $1 Billion IPO and Gamesa made headlines with news that Caparo Energy placed a $2-Billion order for wind turbines.
Gamesa recently announced that it has signed a framework agreement with power company Caparo Energy India Limited (CEIL) to deliver turbines with combined capacity of 2,000 MW over the next five years.
The deal, the largest one of its kind ever signed in India and one of the biggest in the wind energy market anywhere in the world, encompasses the delivery, installation and start-up of Gamesa's G58-850 kW and G97-2.0 MW turbines between 2012 and 2016. The contract calls for Gamesa to supply Caparo Energy with about 150 MW of turbine capacity in 2012.
Wind Stocks
A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) trading at $3.44, up 0.02 (0.58%)
Broadwind Energy, Inc. (NasdaqGS: BWEN ) trading at $1.78
China Ming Yang Wind Power Group (NYSE: MY ) trading at $7.79
China Longyuan Power Group Corp Ltd (HKG: 0916) trading $8.26
Clean Wind Energy Tower, Inc. (OTCBB: CWET) trading at $0.28
Gamesa Corporacion Tecnologica, S.A. (GAM.MC) trading at $ 6.6450, up 0.1420 (2.18%)
Vestas Wind Systems (Copenhagen: VWS.CO ) trading at $ 165.70. up 5.40 (3.37%)
Market Snapshot
Dow 12,518.06 -87.26 -0.69%
Nasdaq 2,805.32 -17.99 -0.64%
S&P 500 1,333.77 -9.83 -0.73%
10 Yr Bond (%) 3.1600% -0.0110
Oil 96.80 -1.64 -1.67%
Recent Wind News:
Gamesa and Caparo announce strategic agreement for 2,000 MW supply
17 May 2011
2,000 MW to be commissioned progressively by 2016
The turbines will be manufactured at Gamesa factories in India. The deal enables Gamesa to sell its first G97-2.0 MW turbines in India
Gamesa previously announced that it will invest more than 60 million euros through 2012 to build three plants to meet booming demand in the Indian market. After only 18 months in India, Gamesa has become the country’s No. 3 wind energy manufacturing group
Full news: http://www.gamesa.es/en/communication/news/gamesa-and-caparo-announce-strategic-agreement-for-2000-mw-supply.html?idCategoria=0&fechaDesde=&especifica=0&texto=&fechaHasta=
Vestas receives 200 MW order in Kansas, USA
18 May. 2011- Vestas has received a 200 MW order for 111 V90-1.8 MW turbines from Enel
With reference to Vestas Wind Systems A/S’ company announcement No. 22/2011 of 18 May 2011, Vestas has received a 200 MW order for 111 V90-1.8 MW turbines from Enel Green Power North America, Inc., for the Caney River wind-energy project in Elk County, Kansas, USA.
The contract includes delivery and commissioning along with a five-year service and maintenance agreement. Delivery is scheduled for the second half of 2011 and commissioning is expected in late 2011.
Clean Wind Energy Tower (OTCBB: CWET) Files "Atmospheric Energy Extraction Devices & Methods" Patent for Wind Tower
ANNAPOLIS, MD - May 5, 2011 (InvestorIdeas.com Newswire) - Clean Wind Energy Tower, Inc. (OTCBB: CWET), a clean energy company developing Downdraft Towers, reports it has filed with the United States Patent & Trademark Office "A Petition to Make Special Under the Accelerated Examination Program," a patent application titled Atmospheric Energy Extraction Devices and Methods.
The application covers the addition of specific external design components, physical structure and systems that both substantially enhances structural integrity of the tower and captures wind directly striking the external vertical surfaces of the downdraft tower from any direction, beyond those winds already induced into the internal tube of the tower, and also enhances slow moving air to create downburst winds, substantially increasing total power generation of a single tower unit.
Full news: http://www.investorideas.com/CO/CWE/news/2011/05051.asp
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Wind Company Snapshot
Clean Wind Energy Tower, Inc. (OTCBB: CWET) was established to commercialize a number of proven and validated technologies and construction systems into a single large downdraft tower structure that produces abundant inexpensive electricity.
http://www.cleanwindenergytower.com/
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