12 Wind Powered Stocks For Your Portfolio

Wind power generation rose over 300% between 2000, and 2006. Did you know that it provides 20% of the electricity in Denmark, 9% of the electricity in Spain, and 7% of the electricity in Germany?

The following stocks are a list of the pure plays, and semi-pure plays, in the field of wind energy. Companies such as General Electric (GE), FPL Group Inc. (FPL), and TXU Corp. (TXU), which have a very small portion of its business in wind were excluded from the list. Some of these stocks should be considered very speculative and none are recommendations.

Alstom (AOMFF.PK), is involved in various types of power segments including gas, hydro, nuclear and wind power through its Ecotecnia division, which is a producer of turbines that is based in Spain. Its net income was positive for 2006, versus a loss for 2005, on increased sales revenues for the year.

Americas Wind Energy Corporation (AWNE.OB), manufactures, and markets medium sized, 500 -1,000 megawatt wind turbines for the North American market. During the three months which ended April 30, 2007, it did not generate any revenue.

Composite Technology (CPTC.OB), makes and markets renewable, and energy efficient electrical products, including wind generation turbines under the brand name 'DeWind.' Its earnings have been negative.

Gamesa Corp. (GCTAF.PK), is based in Spain, and has 18% share of the global wind turbine market. Its net income grew by 48.8% for 2006, over the previous year.

Energias de Portugal (EDPFY.PK), is a Portugal-based company that is one of Europe's largest electricity providers, and the fourth largest wind power producer in the world. One of its newest divisions is Horizon Wind Energy. Its gross profits for the first quarter of 2007 increased by 12.8%, which included a 1.8% increase in net profits.

Iberdrola Sa Sponsored ADR (IBDRY.PK), bought Scottish Power, so it is now the world's largest provider of wind power, and the second largest electric utility in Spain.

Kore Holdings (KORH.PK), is a power provider, and a marketer of alternative energy from wind farms, hydro and distributed power facilities. There was no financial information on its website for the period since July 2006.

McKenzie Bay International Ltd. [MKBY.PK], develops wind powered alternative energy systems. Based on the latest quarter that was reported, its earnings have been negative.

Mass Megawatts Wind Power Inc. (MMGW.OB), develops prototype wind energy production equipment. Based on latest reported quarter, its earnings have been negative.

Nordex (NRDXF.PK), is a wind turbine company that is based in Germany. In the first quarter of the current fiscal year, it had a 21 percent increase in sales, and its earnings increased by 52%.

Tower Tech Holdings Inc. (TWRT.OB), is involved in the engineering, manufacture, and sale of wind turbine extension towers to the wind energy industry. Its earnings have been negative, and it has a P/S ratio of 35.5.

Vestas Wind Systems (VWSYF.PK), is a Denmark-based company that is the world's largest manufacturer of wind turbines. Its revenues were up 6.3% for the first quarter of 2007, and earnings went from a loss, to a profit, for the quarter.

Western Wind Energy (WNDEF.PK), produces clean renewable electrical energy from over 500 wind turbine generators located in Tehachapi, and the San Gorgonio Pass, near Palm Springs, California. It has been generating negative earnings per share.

Disclosure: The author does not own any of the above.

Comments

[jdm64]

Are you aware of KHD on the TSE ? Jack.

[tblakeslee]

Don't forget FNVRF (also FNV.V). They have several large wind projects underway in Portugal, Ireland, Oregon, Washington and British Columbia. They also have several wave power projects using their patented Acquabouy technology. see finavera.com