simply amazing ME and IBD seeing eye to eye!!! Too bad the idiot running IR for APWR cannot figure out ”’HOW”‘ to make the stock price go UP!!!
Chinese ADRs Dominate List Of Profit Kings
BY DONALD H. GOLD

INVESTOR’S BUSINESS DAILY

Posted 12/15/2008

Chinese firms dominate any list of the biggest profit growers. We turned on our Custom Screen Wizard (a premium product available at Investors.com) and sorted all U.S.-listed stocks, including ADRs, for the very biggest profit boomers.

Our criteria: EPS Rating of at least 90, EPS growth at least 50% in the most recent quarter, estimate of at least 50% increase in current-quarter EPS, estimates of at least 50% EPS growth for current full year.

Forty-five stocks appear. Of these, 10 are foreign. We are including Central European Distribution (CEDC), which is based in the U.S., but operates in Poland.

Of the 10 foreign names, seven are Chinese. (In addition to Central European, U.K.-based oil field services company Acergy (ACGY) and Canadian fertilizer maker Potash Corp. of Saskatchewan (POT) pop up.)

Here are China’s seven entries:

A-Power Energy Generation (APWR) provides power systems in China. Analysts say A-Power will log $1.04 per share in 2008, $1.87 in 2009.

Another aspect that interested Straser is how cheaply the Laurus process can gasify the coal underground. Straser says the company hadn’t pursued any surface gasification processes, which could be on the order of, say, $2 billion, but that Laurus can do the equivalent in the coal seam for one twentieth of that price. He adds that since the underground gasification process leaves char and other “really nasty stuff” in the ground, it’s a cleaner process than extracting coal and gasifying it above ground

Everyone and thier mother talks about””’clean coal”. There is NO such thing as clean coal, its just cleaner than the dirty, filthy , puking , polluted , horrific, mercury puking black sooty coal. Yes, I do NOT like coal power and I especially do not like the term ”clean coal” cause all it is doing is burying the pollutants in underground water tables vs puking the puke into the atmosphere. I use the analogy of the non politically correct ”’what is the definition of clean coal===answer”’ a very nice child molestor””
Nope, Santa Claus is not green and Santa wants no part of clean coal!!!

I’ve become so jaded from hearing the phrase “clean coal” bandied about that Laurus Energy’s claim that it actually has developed a source of clean coal leaves me a little skeptical. The company, which recently received $9 million from a venture firm, wants to generate power using underground coal gasification.

The process works by digging a deep production well and putting an industrialized cigar lighter inside of it. This in turn ignites the coal, which turns into synthetic gas and is taken to the surface through another well. The synthetic gas is separated out— CO2 is injected into other wells to take crude oil out of the ground, while hydrogen, methane, and hydrocarbons are burned for energy.

Underground coal gasification is not new, but Laurus holds exclusive rights to the technology in North America.

Laurus’ process is not cleaner than alternative energy sources like wind power, but it is drastically cleaner than conventional coal power, which is currently used to produce 49 percent of the United States’ energy.

The Spanish wind turbine maker Gamesa has agreed to supply 100 megawatts of installed wind capacity to Venezuelan state oil firm PDVSA for nearly $150 million. Work will begin in 2009 and involve the supply, installation and two years of maintenance for the 76 wind turbines which make up Venezuela’s first wind farm, located in the state of Falcon.

Inner Mongolia’s wind capacity to get a boost though the region already leads the nation with the most wind generation capacity.
The China-based China Huaneng Group has signed a contract with the Tongliao government in eastern Inner Mongolia to construct a 500 megawatt wind power station.

According to the contract, the China Huaneng Group is expected to invest RMB 5 billion ($735 million USD) in the project, which is expected to be finished by 2010.

The Inner Mongolia, China-based National Energy Board has also approved a plan to construct a 1.9 gigawatt wind power base in the Damaoqi region.

A recent report issued by China’s National Energy Administration cited the Inner Mongolia region for having the most operational wind generation capacity in the country with 1,590 MW. China expects to build several hundred wind farms and wind power bases composed of several wind farms in northern China. The country is expected to situate wind power bases with installed capacities of 1,000 MW and 10,000 MW in Inner Mongolia.

In September, Beijing’s China Power announced plans to build 300 to 1,000 MW of wind power in Inner Mongolia (see China Power plans 1,000 MW wind project ).

At the end of 2007 China had 4.03 GW of wind power capacity, accounting for roughly 0.6 percent of the country’s total power generation. China has wind farms in 20 provinces or regions.

In June the China Huaneng Group started building the country’s largest wind farm, with an installed capacity of 300 MW, in the northeastern Liaoning province. The wind farm is expected to start generating power before the end of the year and ramp up to producing 600 GW hours of electricity per year.