Point Roberts, WA - May 13, 2011 - Investorideas.com, a leader in cleantech stock research, reports on recent wind stocks news and developments for wind stocks including Broadwind Energy, Inc. (NasdaqGS: BWEN ) ,Clean Wind Energy Tower, Inc. (OTCBB: CWET), Catch the Wind Ltd. (TSX-V: CTW) , Vestas Wind Systems (Copenhagen: VWS.CO ). Broadwind Energy reported results on Monday of sales of $43.5 million for the first quarter of 2011, a 100% increase compared to $21.7 million in the first quarter of 2010.
According to the company release. "The sharp increase reflects significant improvement in demand and increased production compared to a very weak prior year quarter. Sales in both the Towers and Gearing segments were up substantially compared to the prior year as a result of the increased demand, as well as success at rebuilding sales to industrial customers.
- Broadwind Energy, Inc. (NasdaqGS: BWEN ) trading at $1.56, up [0.03 (1.96%)
- Catch the Wind Ltd. (TSX-V: CTW) trading up at$ 0.57, up 0.01 (1.79%)
- China Ming Yang Wind Power Group (NYSE: MY ) trading at $7.81, down 0.22 (2.74%)
- Clean Wind Energy Tower, Inc. (OTCBB: CWET) trading at $0.32
- Vestas Wind Systems (Copenhagen: VWS.CO ) trading up at $56.40, up 0.20 (0.13%)
Recent Wind News:
Clean Wind Energy Tower (OTCBB: CWET) Files "Atmospheric Energy Extraction Devices & Methods" Patent for Wind Tower
ANNAPOLIS, MD - May 5, 2011 (InvestorIdeas.com Newswire) - Clean Wind Energy Tower, Inc. (OTCBB: CWET), a clean energy company developing Downdraft Towers, reports it has filed with the United States Patent & Trademark Office "A Petition to Make Special Under the Accelerated Examination Program," a patent application titled Atmospheric Energy Extraction Devices and Methods.
The application covers the addition of specific external design components, physical structure and systems that both substantially enhances structural integrity of the tower and captures wind directly striking the external vertical surfaces of the downdraft tower from any direction, beyond those winds already induced into the internal tube of the tower, and also enhances slow moving air to create downburst winds, substantially increasing total power generation of a single tower unit.
Broadwind Energy, Inc. Announces First Quarter 2011 Results
- Net sales of $43.5 million, double the prior year quarter
- Order intake up 150%; ending backlog strong at $227 million
- Adjusted EBITDA increases to $0.1 million vs. a $7.2 million loss in Q1 2010
- Sale of Logistics business completed on March 4, 2011
- At March 31, 2011, cash and marketable securities rose to $22.0 million
CATCH THE WIND SIGNS SALES AGREEMENT WITH TRANSALTA FOR 20 VINDICATOR® LWS UNITS
- Represents Catch the Wind's largest sales order to date -
MANASSAS, VA, May 12 /CNW/ - Catch the Wind Ltd. (TSX-V: CTW) announced today that it has sold 20 Vindicator® Laser Wind Sensor (LWS) units to TransAlta Corporation, Canada's largest independent renewable energy provider, with an option to purchase additional units. The sale is Catch the Wind's largest to date for wind turbine control.
Vestas receives 80 MW order in Brazil
Vestas has received a firm and unconditional order for 80 MW to Brazil
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Wind Company Snapshot
Clean Wind Energy Tower, Inc. (OTCBB: CWET) was established to commercialize a number of proven and validated technologies and construction systems into a single large downdraft tower structure that produces abundant inexpensive electricity.
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