Wind

Tom Konrad CFA A month ago, I was convinced that Finavera Wind Energy’s (TSX-V:FVR, OTC:FNVRF) stock was only temporarily trading at depressed levels in the low 20 cent range because investors were disappointed at the deal with Pattern Energy.  Many shareholders had been hoping for an outright sale, and were selling into the thinly traded holiday markets.  I predicted that Finavera stock would “quickly rebound to at least the C$0.30 range over the next few days or weeks, as liquidity returns to the market, and investors revalue the stock based on the agreement with Pattern.”...

by William Gregozeski, CFA China Ruifeng Renewable Energy Holdings Limited is a holding company with ownership interests in three energy-related businesses.  Its current focus is on wind farm operations, via its majority holdings in Hongsong, a long established wind farm, and Langcheng, a greenfield wind farm (after various purchases and sales of ownership interests it will own 85.36% of the two wind farms on a beneficial level and 68.17% on a direct equity level.  These wind farms have a current installed capacity of 398.4MW, and are expected to increase to 1,190.4MW by the end of 2017.  It...

Tom Konrad CFA Monday morning, Finavera Wind Energy (TSXV:FVR, OTC:FNVRF) announced that it had finalized its agreement with Pattern Energy Group  to sell two of its four Canadian wind energy projects for $28 million.  This should come as a relief to shareholders, who had been concerned when the original date by which they had expected to ratify the deal, March 31st came and went. Since the start of March, when shareholders would reasonably have expected to have heard an announcement of the meeting date and the circulation of proxy materials, Finavera’s stock had drifted down 15% (from C$0.20...

Western Wind Energy (WND.V) is pleased to announce the execution of a formal power purchase agreement with the Southern California Edison Company ("Edison") for the procurement by Edison, from the Company, of up to 120 megawatts of wind powered electrical generation. The agreement is for a period of 20 years. The location of the wind energy facilities will be the famous Tehachapi Pass Wind Park. Tehachapi Pass is the site to over 4,600 wind turbine generators delivering over 1.4 trillion watt hours of energy from 670 megawatts of name-plate capacity.

Wind farm owner and developer stocks are publicly traded companies that site, permit, develop, construct, own, or operate wind farms for producing electricity. This list was last updated on 3/22/2022 Acciona, S.A. (ANA.MC, ACXIF) Adani Green Energy (ADANIGREEN.NSE) Algonquin Power and Utilities (AQN, AQN.TO) Atlantica Yield PLC (AY) Atlantic Power Corporation (AT) Avangrid, Inc. (AGR) Boralex (BLX.TO, BRLXF) Brookfield Renewable Energy Partners (BEP) China Longyuan Power Group Corporation Limited (0916.HK, CLPXF) China Ruifeng Renewable Energy Holdings Limited (0527.HK) Orsted (ORSTED.CO, formerly DENERG.CO) E.ON AG (EONGY) Enel SpA (ENEL.MI, ESOCF) Greencoat UK Wind (UKW.L) Infigen Energy Limited (IFN.AX, IFGNF) Innergex Renewable Energy Inc. (INE.TO, INGXF) Neoen S.A (NEOEN.PA) NextEra Energy Partners, LP (NEP) NextEra Energy, Inc. (NEE) Nordex AG (NRDXF, NDX1.DE) Northland Power Inc....

Universal Communication Systems Inc (UCSY) announced that the company has developed a new, exclusive energy application utilizing "wind power" technology for energy co-generation for use with AirWater machines.

Tom Konrad CFA Canadian weather data shows the variability-smoothing potential of a robust continental electric grid. Intelligent skepticism is valuable to me as an investor when it makes me question my assumptions.  When I'm wrong, it makes me find out sooner (and hopefully get out of a bad trade sooner, or never get into it.)  When I'm right, I emerge with my thesis tested, which leads to the confidence needed to stick to a trade when the stock market voting machine moves against me in the short term, before it comes around in the longer term. ...

John Petersen Epic is the only word I can use to describe an evolving tragedy that killed tens of thousands of people, inflicted hundreds of billions in property damage, destroyed 3.5% of Japan's base-load power generating capacity in a heartbeat and will cause recurring aftershocks in the global electric power, transportation and energy storage sectors for decades. While I'd love to believe the worst is behind us, I fear the times of trouble have just begun. Since it's clear that Japan will have to turn inward and serve the urgent needs of its own population first, the...

Colorado House Speaker Lola Spradley, R-Beulah. and U.S. Rep. Mark Udall, D-Eldorado Springs, co-chairs of Amendment 37—the Renewable Energy Initiative—kicked-off their statewide campaign Thursday with stops throughout Colorado. Amendment 37 would require 10 percent of Colorado's electricity be generated from renewable energy by 2015. The program is scaled beginning with a 3 percent requirement by 2007, 6 percent by 2011, and 10 percent by 2015.

Some of you may remember an article I wrote last March about a small Canadian wind turbine maker called AAER Inc (AAERF.PK or AAE.V). In fact, I got a few emails from readers informing me that they'd bought the stock following my article and that they were happy with its performance. The following chart traces the stock's performance between the date of the article (March 7, 2007) and last Friday (May 2, 2008): Since I wrote this article many things have changed with AAER. The Katabatic contract, which is what attracted my attention initially,...

by Debra Fiakas CFA Most investors with an interest in the alternative energy industry think first of the energy source  -  solar, wind, geothermal or biofuel.  There are other roads to access the returns promised by the shift from fossil fuel to alternative sources.  But do not waste time as these gems are in the sights of strategic buyers as well. Kaydon Corporation (KDN:  NYSE) produces components and sub-systems used in the alternative energy industry.  Its friction control products are critical for the efficient operation of wind turbines and blades.  These products include large diameter...

A Great Deal for Plutonic Shareholders, Not bad for Magma Tom Konrad CFA As a shareholder of Magma Energy Corp. (MGMXF.PK), I'm reading through the joint information circular on the proposed merger of Plutonic Power Corp (PUOPF.PK) and Magma to form "Alterra Power Corp." I'm not thrilled with the merger, although I plan to vote for it, now that it's arranged. Overall, I think the merged Alterra will be a stronger company than either company alone. Both companies are in capital intensive niche Renewable Energy industries, so the added scale and diversification of Alterra should better...

Tom Konrad CFA Western Wind and the Toronto Hedge Funds Last October, Western Wind Energy (TSXV:WND, OTC:WNDEF) received an unsolicited takeover bid of $2.50 a share from Algonquin Power (TSX:AQN, OTC:AQUNF) to buy the company.  Before the bid, the stock had been trading in the $1.20-$1.25 range, but President and CEO Jeff Ciachurski felt that it did not fully value the company’s projects and assets, including approximately $1 per share of US tax assets which the Canadian company Algonquin would not be able to use. Large shareholders at the time were in favor of the sale, including at least one shareholder...

Taking a study break, I happened to see an article in the Denver Post bringing together two of my favorite clean energy themes: Efficient transport, and wind power. Rail transport has become essential to delivering windpower across the country. The full article is here: Rolling With the Wind.

USAToday.com has an article discussing the perils of wind energy and the ecological effects to local bird wildlife. After years of study but little progress reducing bird kills, environmentalists have sued to force turbine owners to take tough corrective measures. The companies, at risk of federal prosecution, say they see the need to protect birds. The biggest concern is the Altamont pass near San Francisco. Altamont Pass bird kills have been known for years, but turbine owners and federal regulators ignored them except to urge more research, says Miller of the Center for Biological Diversity....