Thursday's Renewable Energy Stocks Trading; (OTC: CWET), (TSX.VCTW), (NASDAQ:FSLR), (NYSE:MY)
9/30/2011 12:21:18 PM
Point Roberts, WA - September 30, 2011 (Investorideas.com renewable
energy/green newswire) Investorideas.com, a leader in cleantech investor
research, reports on trading for small and large cap renewable energy
stocks trading and news for September 29th.
Wind stock, Clean Wind Energy Tower Inc (OTCBB: CWET)
shares ended flat at $0.15. This week the Company made two
announcements on changes in business operations and share structure.
They reported they are closing their internally staffed engineering
office in Warrenton, Virginia and transitioning to a Development Team
that will oversee and coordinate the efforts of industry consultants and
advisors to develop and construct their first Dual Renewable Energy
Tower. The company has also canceled share certificates held by "Former
Employees", totaling 120,600,000 shares of common stock, following their
resignations. The Company feels both developments are positive for the
company and shareholders.
Wind stock, Catch the Wind Ltd. (TSX.V: CTW)
soared 31.25% to $0.210 on light volume of over 31,000 shares. The
Company develops and manufactures the Vindicator® laser wind sensor. The
Vindicator® laser wind sensor is part of Catch the Wind's "next
generation" turbine control and performance enhancement system for
utility-scale wind turbines.
China Recycling Energy (NasdaqGM: CREG
) closed at $1.05, up 0.5 or 16.67%.The Company provides
environmentally friendly waste-to-energy technologies to recycle
industrial byproducts for steel mills, cement factories and coke plants
First Solar, Inc. (NASDAQ:FSLR)
jumped 0.43% to $65.03 following a 25% fall in the past week. The stock
recently made a new 52-week low of $61.55. The stock is down over 50%
so far this year.
American Superconductor Corporation (NASDAQ:AMSC)
surged on news up 0.58 (14.95%) to close at $4.46, rebounding from its
new 52-week low of $3.85 made earlier in the session. Korea Electric
Power Corporation (KEPCO), LS Cable & System and American
Superconductor announced that the world’s longest distribution-voltage
superconductor cable system has been energized at the I’cheon substation
located near the city of Seoul. Powered by AMSC’s Amperium™
superconductor wire and installed in Korea Electric Power Company’s
(KEPCO) electricity grid, the 22.9 kV alternating current (AC) cable
system is capable of carrying approximately 50 megawatts of power. This
is longest HTS cable in the world to be energized in the grid utilizing
second generation (2G) superconductor wire and is also currently the
longest distribution voltage superconductor power cable in operation.
China Ming Yang Wind Power Group (NYSE:MY
) shares jumped over 4% in after-hours following a fall of 8.74% in the
regular session. The stock has been trading lower over the past one
month with other stocks within the sector.
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