wind

A new stimulus grant of $100 million from the U.S. Department of Energy that includes support for grid-scale energy storage projects is the latest sign of the growing need to find ways of storing energy from electricity production.

This question has been nagging the industrial world since the discovery of the first oil well is what happens when the wells begin to run dry. The oil companies, the people who manufacture cars and airplanes and legions of scientists and inventors have all been planning for that day.

In addition to $WWPW being part of a MonsterStockAlert from Mr. Liquid, The Dean also has noticed that PennyStockExplosion.com, DubaiPennyStocks.com, WallStreetGrand.com and TheUpturnStock.com have also joined in on The Dean’s wind party.

The Dean taught the CollegeStock Community that $WWPW could blow away Wall Street this week and this morning the company released news announcing an agreement to acquire a 100% interest in a wind project in Belgium.

Murray Coleman catches up with Ron Pernick, the co-founder of indexing consultant Clean Edge, to discuss the future of clean energy investing, including pricing trends, state alt-energy mandates, and where the clean tech market could go next.

Composite Technology Corp. announced that subsidiary DeWind, Inc. has shipped the last five D8-2000 wind turbines for a wind power generation project in Chile. The company previously shipped five turbines to the Port of Houston for the same project.

This year has been a big win for those who have been rooting for a larger renewable energy industry and reduced dependence on carbon based fuels. There have been several initiatives, legislation, and events that are expected to invigorate the growth of solar, wind, and other alternative energy markets.

To say the least, the financial markets are a disappointment at the moment. There are, however, always opportunities that arise from a dynamic shift within an economy. Rapid and significant movements of capital allow one capital holder to withdraw, due to circumstance, and another to move in with capital to replace it.

Satcon Technology Corporation, provider of renewable energy power conversion solutions, today announced a three-year agreement with Samsung to supply the power inverters for Samsung’s worldwide solar power plant projects.

China Wind Systems released its third quarter figures Friday. Net revenues increased to $11.8 million or 47.1 percent from September to September 2008 and gross profits grew 24.8 percent in the same time period to $30 million.

A-Power Energy Generation Systems, Ltd. (APWR), China’s largest provider of distributed power systems and a recent entrant into China’s wind energy market, this morning announced that it has signed a sales contract with China National Control System Corp. (“CACS”) for five 2.7-MW wind turbines for delivery during the fourth quarter of fiscal 2008.

Satcon’s PowerGate Plus 500 kW commercial solar photovoltaic inverters will provide 20MW for the European utility, Energy 21. Installations for large-scale plants in the Czech Republic and Slovakia are set to begin in Oct. 2008 and continue through the spring of 2009. The move is part of a new agreement with CE Solar, the project development arm of Energy 21.

A-Power Energy Generation Systems, Ltd. (APWR), a provider of distributed power generation systems and wind turbines in China, reported second quarter financial results this morning before the open. Revenues increased 21.5% to $65.7 million, compared to $54.1 million for the same period in 2007. Net income increased 3.9% to $6.2 million, compared to $6.0 million.

Jinpan International Ltd. (JST), a Chinese manufacturer of cast-resin transformers for wind and electrical power distribution, reported second quarter 2008 financial results today during regular trading hours. Revenues rose to$40.6 million, an increase of 26.7% year-over-year from $32.1 million.