Archive for November 20th, 2009

my little secret APWR is starting to get picked up in coverage due to their latest string of PR’s and announcement about building a wind farm in Texas and a wind manufacturing plant somewhere in USA.

The chart says anything above $14.42 is clear sailing toward the end of year $19 price target. Of course , some will be happy and trade their way to stupidity and miss the stellar moves that are going to come into 2010 and beyond with the Macau plant and the Thailand manuever and the West Texas wind farm being fully built by late 2011.

Stock idea for today is a company that’s working in the cracks in the Chinese power grid. A-Power Energy Generation (APWR) is a small company that builds distributed power generating systems but is moving quickly into the Green energy sector.

A typical A-Power project might be a small (less than $50 million) coal-fired power plant that’s adjacent to a factory or industrial park and provides power to the local area. The plant may or may not be connected to the national power grid, but for its local users, it will certainly eliminate the brownouts and outages that plague China’s national larger grid.

A-Power has a nice backlog of orders in China, and is working to broaden its geographic footprint (soliciting contracts in India) and its product line (making wind turbine components from licensed technologies).

Demand for power in China is virtually boundless, and the government is also working hard to get a handle on pollution, which puts A-Power at a very favorable intersection.

The stock has just broken out of a long, rising base that began forming in June when it was trading at 7. After tightening up in October, the stock broke out on November 17 on news of a big secondary order for wind turbine components. And news of plans to build a plant in the U.S. to serve turbine customers in North and South America only add to the stock’s potential.

The Chinese market seems to be spawning muscular issues like APWR every month.

  • 0 Comments
  • Filed under: General
  • The proposed 1.5 billion Texas Wind Farm is now being credited for easily creating north of 2000 new green jobs and before all the dust settles, will easily create 3000 new green jobs for a massive China investment into USA green Wind Power.

    The new wind turbine manufacturing plant will create easily 1000 new permanent green jobs manufacturing Nacelles in USA for APWR and USREG partnership. Hundreds of year long construction jobs will be needed to build, grade, and erect the 320,000 square foot facility. Now, a new 1000 wind blade manufacturing plant is announced creating another 1000 new green jobs to make the wind blades in USA.

    Again, hundreds of 1 year construction jobs will be required to erect the new just announced wind blade plant. Just like the 1.5 billion wind farm, 300 1 year construction jobs would be created to build the 240 wind turbines around 4 counties in Texas and the ensuing wind tax revenues will fund schools and expand jobs for on going maintenance and the trickle down effect of 300 construction guys buying lunch, dinner, and hotels and housing.

    This deal is a ””Wind Wind”’ for USA and TEXAS and creating minimum of 3000 NEW GREEN JOBS must be endorsed. Who cares if the company behind the plans and financing is Chinese???? Get on board investing into APWR for the future as APWR is going to become the next monster stock mover as APWR expands its footprint beyond China. If you think the plans are big and massive in USA, one should look inside China and see the plans for expanding and building wind farms inside energy dependent China.!

    APWR is partnering with GE in China to build a GE controlled gearbox plant for all of Asia and expecially to supply APWR gearboxes for China. GE has vetted APWR for all of us small timers so its time to go big for APWR into the future! Lets put it like this , once GE vetted APWR, it was a done deal for me to pile on at $6 per share in early January 2009. For the new investor into APWR, my price target is $38 END of 2010 and this is just the beginning as GE Gearbox and Texas Wind Farm revenues start ringing the register in early 2011 an the revenues will rise like nothing you have ever discovered before. APWR is right now working on signing a 1.5 Billion LNG and NAT Gas plant inside Macau Island in China to power the gambling casinos. As anyone who studies China knows, the Chinese love to gamble and this nat gas plant must be built to power the island of Macau. Its a DONE DEAL also imho.

    The Blade Plant PR and News story ……..courtesy of Texas newspapers!

    Executives: U.S. wind-power blade plant planned

    12:00 AM CST on Friday, November 20, 2009
    By JIM LANDERS / The Dallas Morning News
    jlanders@dallasnews.com

    WASHINGTON – Executives at Dallas-based Tang Energy, a partner in a Chinese wind-power blade manufacturing plant, say they are planning a factory in the United States to capture some of the resurgent U.S. market for renewable energy.

    The plant would create about 1,000 jobs, said Tang CEO E. Patrick Jenevein III, and the company has a tentative deal to supply blades for a $1.5 billion West Texas wind farm announced last month by U.S. and Chinese investors.

    “Until now, we have made blades only in China, sold blades there, and imported only profits,” Jenevein said by phone from Beijing. “Now we’ve got a start to actually deliver blades into Texas, so effectively we’ll need to build a factory in the U.S.”

    Tang hasn’t picked a site yet, he said. A team from China was in Dallas last week to begin searching locations.

    “It may be Texas, it may not be Texas,” Jenevein said.

    U.S. Renewable Energy Group (led by Dallas investor Cappy McGarr), A-Power Energy Generation Systems Ltd. of Shenyang, China, and Cielo Wind Power LP of Austin plan to build a wind farm capable of generating more than 600 megawatts of electricity on 36,000 acres of land.

    The project calls for 240 Chinese-made turbines and 720 blades, each 157 feet long. Most of the wind farm would be financed by Chinese investors, but the developers say they’ll ask the U.S. government to cover 30 percent of the $1.5 billion cost.

    Some members of Congress criticized that strategy and urged the Obama administration to deny funding for a project that would create more jobs in China than in Texas. On Tuesday, McGarr said the developers would build a turbine manufacturing plant in the United States to supply other wind-power projects and employ more than 1,000 workers.

    Tang’s U.S. blade factory would employ about the same number of workers.

    Tang co-founded HT Blade in 2001 in Baoding, China, with Huiyang Aviation Propeller Factory and China Aviation Gas-Turbine Power (Group) Corp. HT Blade produced 6,200 of the giant fiberglass blades last year and has sold to wind power customers in China, Chile, Pakistan, Russia, Cuba and Thailand.

    Dallas Mayor Tom Leppert and City Council member Ron Natinsky visited the HT Blade factory in China on Wednesday, Jenevein said.

    In May, Tang arranged $300 million in financing for U.S. wind farm projects from CATIC International Trade and Economic Development Ltd., a subsidiary of state-owned China Aviation Industry Group.

    When that financing was announced, Jenevein said it would go toward development of a U.S. site using Chinese-made turbines and U.S.-made blades and towers.

    Jenevein said three sites are under consideration – all of them “north of Texas.”

  • 0 Comments
  • Filed under: General
  • Calendar

    November 2009
    S M T W T F S
    « Oct   Dec »
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  

    Archives