31 Oct
Which companies are going to benefit with the China wind predictions for the year 2020?????
My guess is APWR, AMSC, ZOLT……..Vestas, GE, Gamesa, Iberdrola and others will also benefit!
“XJ Group is a well established manufacturer and supplier of products and services for the Chinese electric utility industry,” said Greg Yurek, founder and chief executive officer of AMSC. “XJ Group will be a strong partner to address the growing needs for high power, high efficiency wind turbines in China and around the world. We look forward to working with them to bring their first wind turbines to market.”
Recent reports have indicated that China may increase its wind power capacity from 6 gigawatts at the end of 2007 to 100 gigawatts by 2020. This type of expansion would require approximately 47,000 2 MW wind turbines over a 12-year timeframe.
31 Oct
Given the polls an predictions and my gut feeling, an Obama win is going to be a great thing for Wind Power for the future. Investing in wind might become favorable again as Obama delivers on his 15 Billion promises to renewables per year for the next 10 years. If Obama wins (and he WILL!!!), Wind is going to come back in fashion……….beat the crowds to the sale 1/2 price off sales! Most wind stocks have been sliced by about 70% in last 3 months during this meltdown globally of stock prices!
AMSC, ZOLT, FAN, PWND all going to rise over time given an Obama win!
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