Wind Stocks Sector Snapshot; America's Wind Power Industry Grew by 15% in 2010
Point Roberts, WA –April 11, 2011 - Investorideas.com, a leader in cleantech stock research reports on recent wind stocks news and developments. The AWEA U.S. Wind Industry reported America's wind power industry grew by 15% in 2010 and provided 26% of all new electric generating capacity in the United States. Both the First Trust Global Wind Energy (FAN) and PowerShares Global Wind Energy (NasdaqGM: PWND ) wind indices are up in morning trading.
Wind Stocks Snapshot
Clean Wind Energy Tower, Inc. (OTCBB: CWET) trading at $0.29
First Trust Global Wind Energy (FAN) trading at 11.95, up 0.16 (1.36%)
PowerShares Global Wind Energy (NasdaqGM: PWND ) trading at 11.39, up 0.09 (0.83%)
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Clean Wind Energy Tower, Inc. (OTCBB: CWET)
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., was established to commercialize a number of proven and validated technologies and construction systems into a single large downdraft tower structure that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing Downdraft Towers in the United States and abroad, Clean Wind Energy, Inc. has assembled a world class team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market.
Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology. The Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity.
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U.S. wind industry continues growth, despite slow economy and unpredictable policies
AWEA U.S. Wind Industry Annual Market Report for 2010 underscores wind's affordability as domestic generation source
New York, N.Y. - April 11, 2011 (Investorideas.com renewable energy /green newswire) America's wind power industry grew by 15% in 2010 and provided 26% of all new electric generating capacity in the United States. With the 5,116 MW added last year, U.S. wind installations now stand at 40,181 MW, enough to supply electricity for over 10 million American homes.
"The American wind industry is delivering, despite competing with energy sectors that have permanent government subsidies in place," said Denise Bode, CEO of the American Wind Energy Association (AWEA). "Wind is consistently performing," she said, "adding 35% of all new generating capacity since 2007— that's twice what coal and nuclear added combined."
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