Wind Stocks Trading Alert; Clean Wind Energy Tower (OTCBB: CWET), First Trust Global Wind (NYSEARCA:FAN) General Electric (NYSE: GE) PowerShares Global Wind (NasdaqGM: PWND)
U.S. wind industry reports enduring growth in first quarter of 2011 Reports American Wind Energy Association
Point Roberts, WA –April 29, 2011 – Investor Ideas (www.Investorideas.com),a leader in cleantech stock research, reports on news and trading for wind stocks following news that the U.S. wind industry reported enduring growth in first quarter of 2011. America's wind power industry installed 1,100 MW of new capacity in the first quarter of 2011 alone and entered the second quarter with another 5,600 MW under construction, the American Wind Energy Association (AWEA) reported.
Wind and Solar Stocks Snapshot; Morning Trading
China Ming Yang Wind Power Group (NYSE: MY ) trading at$ 8.68, up 0.08 (0.93%)
China Wind Systems, Inc. (NasdaqGM: CWS ) trading at $2.3501, up 0.0361 (1.56%)
Clean Wind Energy Tower, Inc. (OTCBB: CWET) trading at $0.32
First Trust Global Wind Energy (FAN) trading at 12.06, down 0.01 (0.08%) 10:09AM EDT
General Electric Company (NYSE: GE ) trading at $20.66, up 0.06 (0.29%) 10:17AM EDT
Juhl Wind Inc. (OTCBB: JUHL) trading at $1.15
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U.S. wind industry reports enduring growth in first quarter of 2011
States continue to lead nation with clear, strong policies
Washington, D.C., April 28, 2011—America's wind power industry installed 1,100 MW of new capacity in the first quarter of 2011 alone and entered the second quarter with another 5,600 MW under construction, the American Wind Energy Association (AWEA) reported today. The under-construction figure is nearly twice the megawatts that the industry reported at this time in both 2009 and 2010; moreover, two-thirds of those megawatts are already locked in under long-term power purchase agreements with electric utilities, indicating an enduring industry that has proven both nimble and strong through a range of economic and policy conditions. The total wind fleet now stands at 41,400 MW—producing enough clean energy to supply 10 million American homes.
"American wind energy is ramping up, and these first-quarter figures indicate an industry poised for a renaissance. Refined technologies, affordable prices, and continued demand for clean, homegrown energy—these are all reasons why wind has consistently posted strong growth numbers, adding 35% of all new generating capacity since 2007," said Denise Bode, AWEA CEO. "In an economy in which gas prices have hit $4 a gallon and are still on the rise, America must implement long-term energy policies centered on homegrown sources. And wind delivers. By powering our electric cars using wind, Americans can pay the equivalent of 70 cents a gallon at the pump."
The first quarter's 1,100 MW of new capacity came online in 12 different states, with some seeing double-digit growth. U.S. states with the most capacity additions so far include: Minnesota (293 MW), Illinois (240 MW), Washington (151 MW), Idaho (119 MW), and Nebraska (81 MW).
Wind Company Snapshot
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.
News: Clean Wind Energy Tower, Inc. (OTCBB: CWET) Files Unique Hydraulic System Patent
Maximizing the Capture and Use of Available Wind Tunnel Energy
ANNAPOLIS, MD - March 7, 2011 (InvestorIdeas.com Newswire) - Clean Wind Energy Tower, Inc. (OTCBB: CWET) announced that the Company had filed with the United States Patent & Trademark Office "A Petition to Make Special Under Accelerated Examination Program," a patent application titled Efficient Energy Conversion Devices & Methods. The application covers specific aspects of deploying multiple turbines in a wind tunnel coupled to a novel hydraulic system capable of maintaining high efficiency hydraulic to electric conversion under a wide variance of wind speeds. The ultimate goal is to maximize the capture and utilization of all available wind energy in any given wind tunnel, as well as providing a consistency of power output during deviations in wind speed.
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