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Americas Wind Energy Corporation - Financial Analysis Review;Americas Wind Energy Corporation (Americas Wind) is an independent wind turbines manufacturer. The company is engaged in the manufacturing and marketing of medium sized wind turbines mostly between 500 and 1,000 megawatts (MW). It employs the Lagerwey Direct Drive technology to increase the reliability and performance of its wind turbines. The company principally operates in North America. The company's wind turbines are mostly used in wind farms, municipal wind power systems, large agricultural wind power systems, imbedded system for industry and mining, and wind systems integrated with other technologies.Our "Americas Wind Energy Corporation - Financial Analysis Review" is an in-depth business and financial analysis of Americas Wind Energy Corporation. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the financial analysis of the company. This highlights the company's ratio analysis for the past five years.And More inside the report

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Western Wind Energy Corp. ("Western Wind" or the "Company") announced today its financial results for the year ended December 31, 2009.The Company is pleased to announce a 10% increase in electricity production to 58,859 MWh for the year ended December 31, 2009 compared to 53,579 MWh for the year ended December 31, 2008. However lower natural gas prices led to a decrease in the average Short Run Avoided Cost electricity selling prices which resulted in revenues decreasing 45% to $2,798,496 compared to $5,116,652 for the year ended December 31, 2009. Net loss from continuing operations increased from $4,993,000, or fifteen cents ($0.15) per share, for the year ended December 31, 2008 to a net loss of $5,023,162, or twelve three cents ($0.12) per share. The slight increase in net loss from continuing operations for the period was due to lower revenues and no interest recovery in 2009, which were mostly offset by a $1,400,182 (34%) decrease in general and administration costs and decreases in foreign exchange losses and amortization. Net loss for the year was $5,023,162, or twelve cents ($0.12) per share, compared to a net loss of $2,269,275, or seven cents ($0.07) per share, for the prior year. Net

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Enbridge Inc (ENB.TO) and RES Americas said on Wednesday they plan to build their second wind energy farm in Ontario, a C$275 million ($270 million) project on the north shore of Lake Superior,Enbridge, best known as Canada's second-largest pipeline operator, and RES, which has renewable energy projects in the United States, Canada, Mexico and the Caribbean, said the Greenwich Wind Energy Project would generate 99 megawatts, enough to power 33,000 homes.It will include 43 Siemens (SIEGn.DE) turbines and is scheduled to be in service in late 2011.Enbridge will have the majority stake in the project and RES unit Renewable Energy Systems Canada will build it under contract, the partners said.The development, expected to create 300 jobs, follows the partners' Talbot Wind Energy Project, a 99 MW wind farm near Chatham, Ontario, that is due to be completed late this year.Power from the Greenwich project will be sold to the Ontario Power Authority under a 20-year renewable supply purchase agreement. 

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The national push for more wind turbine-generated electricity could turn Illinois into a transmission hub."Illinois is the crossroads. Historically, whether it's rails, shipping, travel, O'Hare airport, it's a geographical midpoint, or hub, positioned for all things moving west to east," said Thomas O'Neill, chief operating officer at Chicago-based Exelon Transmission Co., a unit of Exelon Corp.But while regulators are paving the way for wind-farm development with tax credits and loosened regulations, the key challenge facing those developers is that existing transmission lines, substations and transformers are inadequate to handle the amount of energy expected to come from wind farms in various stages of development across the country. There's already a waiting list for wind-farm developers who want to hook into the existing grid."It's easy to be green and say let's build wind but we have to think about - how are we going to deliver that?" said O'Neill.In the near term, companies are opting to harness wind power closer to existing transmission lines, usually near urban areas, to avoid the lengthy and costly process of building new lines. Aside from pockets of strong winds in the midsection of Illinois, however, some of the most powerful wind in the U.S. stretches

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The government will receive another boost to its green manufacturing momentum this week when Siemens of Germany announces plans to create hundreds of jobs in Britain and invest more than £75m in a new wind turbine plant.The move comes despite claims made today by the EEF, the manufacturers' organisation, that the UK tax system is still stacked against manufacturing and needs a shake-up if the economy is to become less geared towards financial services.The Siemens factory has particular significance because it shows Britain can beat off competition from Denmark and Germany to house a plant capable of making a new generation of extra-large blades.The facility will demonstrate, too, that Britain can be at the centre of the German manufacturer's worldwide wind ambitions, because Siemens already has a wind power training centre in Newcastle upon Tyne and a global centre for offshore grid connections in Manchester. It is also sponsoring significant research work into renewables at Sheffield and Keele universities.Siemens declined to comment ahead of an announcement but well placed sources said that a deal had been struck at the highest possible level of government for the company to locate a facility in Britain, probably on the east coast of England.The

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GE (GE 18.39, +0.09, +0.49%) today announced plans to invest approximately EUR340 million to develop or expand its wind turbine manufacturing, engineering and service facilities in four European countries--the United Kingdom, Norway, Sweden and Germany--signaling GE's deep commitment to the promising European offshore wind sector."Offshore wind will play a vital role in meeting the growing global demand for cleaner, renewable energy and has a bright future here in Europe," said Ferdinando (Nani) Beccalli-Falco, president and CEO of GE International. "These investments will position us to help develop Europe's vast, untapped offshore wind resources, while also creating new jobs for both GE and our suppliers."At the core of GE's European expansion plans is the development of GE's next generation wind turbine, a 4-megawatt machine designed specifically for offshore deployment. As the largest wind turbine in GE's fleet, it will incorporate advanced drive train and control technologies gained through GE's acquisition of ScanWind. The 4-megawatt wind turbine will feature GE's innovative technology that eliminates the need for gearboxes. This technology is already being demonstrated at a test site in Hundhammerfjellet, Norway, where the first ScanWind direct drive unit has been operating for more than five years."GE's proven reliability on more than

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7th Wind Power Asia set on promoting sustainable energy development in China Stronger political and trade support, preliminary conference program unveiled.The 7th Wind Power Asia will focus on technological and political solutions to promote renewable energy and synergize with the central government's directive for a low carbon technology driven economy as announced at the National Congress in early March 2010. A series ofmeasures outlined by the Chinese government include improving energy efficiency, increasing energy conservation and lowering carbon emission by developing sustainable energy sources, with special emphasis on wind energy generation. Further, in line with the government's policy of promoting scientific and economic development, the National Energy Administration has listed speeding up the transformation of energy development as the top of the agenda in 2010. As such, energy planning of the 12th Five-Year Plan being formulated now has put more emphasis on clean energy development. These policies serve as direct boosters for the development of Wind Power Asia which signals new opportunities for both manufacturers and trade buyers.Wind Power Asia 2010, held simultaneously with Clean Energy Expo China 2010, is managed by Koelnmesse, the China Electricity Council and the China Council for the Promotion of International Trade (CCPIT) Beijing Sub-council.

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Tomorrow, energy will top the agenda when EU Heads of State meet in Brussels to discuss a new European strategy for jobs and growth, and to follow-up on the failed Copenhagen conference on climate change.The European Wind Energy Association (EWEA) urges the Council to adopt vitally important energy commitments in the proposed ‘2020 strategy' that would bring Europe jobs, reduced dependence and spending on imported fossil fuels, and cheaper electricity as well as helping reduce the risk of catastrophic climate change. "The European Commission proposal in the 2020 strategy to create a European electricity supergrid and a properly functioning European market in electricity would bring enormous economic and environmental benefits to Europe and its citizens" said Bruce Douglas, Chief Operating Officer of EWEA. "A single European grid and real competition in the European power market are essential elements, not only for the integration of large-scale wind power and other renewables, but also to ensure that European consumers have affordable and domestically produced electricity." "Without a supergrid and a European electricity market it will be very hard to achieve Europe's renewable energy and CO2 emission reduction targets" he added. "It is encouraging that the proposed strategy recognises the need to

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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced the results of the semi-annual evaluation of the NASDAQ OMX® Clean Edge® Global Wind Energy Index (Nasdaq:QWND), which will become effective with the market open today.The following two securities will be added to the Index: China Longyuan Power Group Corporation Limited (916 HK) and Edison International (EIX UN).The Index is a modified market-capitalization index designed to act as a transparent and liquid benchmark for the global wind energy sector. The Index includes companies that are primarily manufacturers, developers, distributors, installers, and users of energy derived from wind sources. The securities must also meet other eligibility criteria which include minimum requirements for market capitalization and average daily dollar trading volume. The Index is evaluated on a semi-annual basis in March and September. For more information about the NASDAQ OMX Clean Edge Global Wind Energy Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.As a result of the evaluation, the following three securities will be removed from the Index: Fersa Energias Renovables, S.A. (FRS SM), Suzlon Energy Limited (SUEL IS), and Theolia SA (TEO FP).The NASDAQ OMX Clean Edge Global Wind Energy Index is the basis for the PowerShares Global Wind Energy Portfolio

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China WindPower Group Ltd., Iberdrola SA and Duke Energy Corp. will lead development of an estimated $65 billion of wind-power plants this year that let utilities reduce their reliance on fossil fuels.The estimate from Bloomberg New Energy Finance assumes a 9 percent increase in global installations of wind turbines this year, adding as much as 41 gigawatts of generation capacity. That's the equivalent of 34 new nuclear power stations.Utilities that built natural gas-fired generators during the last decade are increasingly erecting turbines and buying wind power from competitors, tapping a renewable-energy source as governments consider ways to penalize carbon-based fuels."Wind development is moving fast," James Rogers, chairman of Duke, which owns utilities in the U.S. Southeast and Midwest, said in London on March 18 at the Bloomberg New Energy Finance conference. "In the last 10 years, 90 percent of plants we've built have been gas. I've used gas plants like crack cocaine."While gas-fired plants are relatively cheap to build and pollute less than coal plants, they still emit carbon dioxide, which will carry higher costs if governments tighten environmental rules.Last year, $63 billion was invested in turbines, adding 37.5 gigawatts of new capacity and bringing potential output of electricity from

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